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The Biography of Muhammad Tahir Lakhani - Dubai Trading Agency (DTA)

Muhammad Tahir Lakhani, the founder of Dubai Trading Agency (DTA) UAE, is known as a reputed Tycoon of Shipping Recycling Industry gobally. He is british citizen since 2009 and even represented the UAE as the Vice Chairman of the UAE Shipping Association until 2019.

By Angel DiptiPublished 4 years ago 3 min read
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Muhammad Tahir Lakhani Dubai

Muhammad Tahir Lakhani, the founder of Dubai Trading Agency (DTA) UAE, is known as a reputed Tycoon of Shipping Recycling Industry gobally. He is british citizen since 2009 and even represented the UAE as the Vice Chairman of the UAE Shipping Association until 2019.

His Achievement in Tennis during his School

Born on 27th April 1962 into a well-respected family in Karachi Pakistan, Tahir Lakhani has been a sports lover since his childhood. During his very young age, he directed his team and accomplished his goals becoming a professional player in Tennis when he represented Pakistan at Davis Cup and was honoured to play Junior Wimbledon and made his family, school and country proud of him.

After making such successful procurements, Mr. Tahir took the decision to explore the corporate industry and entered into the Shipping industry with the pursuit of becoming a successful businessman globally.

His Achievements in the Ship Recycling Industry

In the starting of his career, He joined a ship recycling yard at his close family friend in Pakistan and spent 3 years of his 20s. His preserving nature during his tenure made him experienced in supervising the movement of steel plates with his working hours in between 8 am to 8 pm. These steel plates were cut from vessels and commonly sold on-site to traders.

Dubai Trading Agency and Its Process

After his involvement in the shipping industry and with the aim to establish his ship recycle business, Muhammad Tahir Lakhani moved to Dubai UAE and founded DTA, Dubai Trading Agency in 1985. DTA’s process is buying old ships and selling them to the recycling yards for decommissioning.

After a span of time, Mr. Tahir became the first ‘cash buyer’ of vessels to set up fully fledged operations in the UAE simultaneously he was partnered with international maritime publication Tradewinds for holding the first Green Recycling Conference in Dubai.

DTA’s Recognition as the Biggest “Cash Buyer”

In 1996, Mr Tahir made one of the biggest ship demolition deals ever, concluding the purchase of three ex-Adriatic Tankers VLCC’s in international waters off the UAE and delivered them to breakers in Pakistan.

By 1997, DTA was very successful in making the biggest deals and becoming the biggest “Cash Buyer” of ships in the world, buying and selling over 100 ships per year.

At the time, Muhammad Tahir Lakhani considered to promote shipping industry at the global platform and with his vision, he moved to the UK with his family. He made & executed several plans to build up his connections in the ship recycling industry.

Muhammad Tahir Lakhani gave a Recognization to shipping industry in the UK

Mr. Tahir became a British Citizen in 2009 and gave recognition to the shipping industry in the UK on the international platform. But after such endeavours, he always continued to visit Dubai on a regular basis, and to expand the business in both volume and scale, eventually moving back in 2014.

Mr Lakhani continues to play a significant role in promoting the UAE as an important regional and international hub for maritime trade and logistics. As of now, DTA is a well-known ship recycling business and serving at the bigger level worldwide.

Muhammad Tahir Lakhani Shipping

Winning The Ship Agency of the Year Award at The Maritime Standard Awards 2018 is hugely valuable, extremely motivating and really exciting for the DTA team. It is always good to see hard work and talent recognised by the industry. The Award has also been a great new business driver, as we have received calls from companies who attended the awards, saw our name and were impressed with our win.

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Angel Dipti

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