United Arab Emirates

Mina Rashid Marina

The UAE-based property developer <a data-gid="gid://syiq/Company/7043" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nakheel Marinas (Company)">Nakheel</a> has announced a new marina, <a data-gid="gid://syiq/Company/7173" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nakheel Dubai Islands Marinas (Company)">Nakheel Marinas Dubai Islands</a>. The new marina can accommodate up to 13 superyachts, with 248 wet berths for yachts up to 47-metres and dry berths for trailers up to 20-metres. <img src="https://photo-assets.superyachttimes.com/photo/251709/image/large-9e8da947f36c6ae5ba54c5398f12c52a.jpg" data-gid="gid://syiq/Photo/251709">Situated along Dubai’s northern coastline at Dubai Islands, the new marina offers 24 hour dock assistance, club car transfer, waste collection and free wifi, among other amenities. The Dubai Islands Beach is within walking distance from the marina.<a data-gid="gid://syiq/Company/7043" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nakheel Marinas (Company)">Nakheel</a> also owns the two Palm Jumeirah Marinas on the east and west sides of the Palm Jumeirah and the two marinas can accommodate yachts up to 40-metres. &nbsp;Over recent years, Dubai has seen a major investment in the yachting facilities, with the construction and development of the <a data-gid="gid://syiq/Company/6804" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dubai Harbour Marina (Company)">Dubai Harbour Marina</a> and the <a data-gid="gid://syiq/Company/5856" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mina Rashid Marina (Company)">Mina Rashid Marina</a>. With this investment, many European and American companies have opened office in Dubai, including <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons International (Company)">Camper &amp; Nicholsons International</a> and <a data-gid="gid://syiq/Company/159" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Burgess (Company)">Burgess</a>, securing the region's position as a major player in the international yachting industry.In 2022, SuperYacht Times acquired the Gulf Superyacht Summit, and in November hosted the first edition of the event. To find out more about the summit, to inquire about partnerships and tickets, you can find all the information of the website here: <a href="https://www.gulfsuperyachtsummit.com/" rel="noopener noreferrer" target="_blank" title="">gulfsuperyachtsummit.com</a>

Nakheel Marinas Dubai Islands opened

Dubai property developer Nakheel has opened a new marina in Dubai Islands.

Nakheel unveils new superyacht marina in Dubai Islands

Over the last five years the governments of the Arabian Gulf have invested millions into the yachting infrastructure of the region, building world class marinas, yacht clubs, as well as crew and refit facilities. As one of the up and coming destinations in the yachting industry we have focused a spotlight on the region, speaking with some of its top experts. <img src="https://photo-assets.superyachttimes.com/photo/248524/image/large-e855236d962c44701efc7735dc1d8079.jpg" data-gid="gid://syiq/Photo/248524">Yousuf Lootah, Executive Director of Developments and Investments, Dubai Department of Economy and Tourism shares his experience of the industry in Dubai, while Oliver Rees, General Manager of <a data-gid="gid://syiq/Company/6557" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jeddah Yacht Club Marina (Company)">Jeddah Yacht Club &amp; Marina</a> in Saudi Arabia, gives the perspective of the northern Gulf. <img src="https://photo-assets.superyachttimes.com/photo/248523/image/large-76489a399bc2c4178220f56970280d8e.jpg" data-gid="gid://syiq/Photo/248523">Captain Steve Corbett has spent four decades in the yachting industry and founded <a data-gid="gid://syiq/Company/6806" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="JLS Yachts (Company)">JLS Yachts</a> and Superyacht Middle East and brings a wealth of knowledge on the region to this panel. Finally, Grant Holmes, Global Sector Head at <a data-gid="gid://syiq/Company/6816" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Inchcape Shipping Services (Company)">Inchcape Shipping Services</a>, shares insight from the commercial maritime industry which already enjoys a huge amount of success in the region.<img src="https://photo-assets.superyachttimes.com/photo/209632/image/large-d76180302c523fc24754864f20a23eed.jpg" data-gid="gid://syiq/Photo/209632">The Arabian Gulf is a burgeoning region for the yachting industry, can you tell us a little about how it has evolved over the last decade?Captain Steve Corbett: Historically there has been an acute shortage of large marina berths and a maritime system based around old “merchant marine” rules and regulations, but <a data-gid="gid://syiq/Company/6806" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="JLS Yachts (Company)">JLS Yachts</a> / Superyacht Middle East has worked tirelessly with Government departments especially <a data-gid="gid://syiq/Company/6865" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dubai Tourism (Company)">Dubai Tourism</a> and the DMCA (Dubai Maritime City Authority) to recognise the input that “Foreign Flagged” yachts have on a destination.Dubai answered the call and developed marinas such as the new <a data-gid="gid://syiq/Company/6804" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dubai Harbour Marina (Company)">Dubai Harbour Marina</a> and <a data-gid="gid://syiq/Company/5856" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mina Rashid Marina (Company)">Mina Rashid Marina</a>. Dubai also eased and modified the rules of engagement for yachting entering UAE waters with new policies like 6-month renewable cruising permits and 6-months multi-entry (all Nationalities) crew visas. We have also successfully negotiated an easing of tax implications for yachts being shipped to Dubai on Mother Vessels and being cleared with no tax implications on a 6-month entry basis.<img src="https://photo-assets.superyachttimes.com/photo/248522/image/large-cbe9d5c631b38746744edd27f82b5437.jpg" data-gid="gid://syiq/Photo/248522">Yousuf Lootah: Dubai has made rapid progress to emerge as a leading multi-faceted global hub for the sector. Over the last 10 years, the city has continued to develop its state-of-the-art yachting and cruising amenities, offerings and facilities to create a nautical ecosystem and welcome yachting enthusiasts from across the world.&nbsp;The launch of the <a data-gid="gid://syiq/Company/6804" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dubai Harbour Marina (Company)">Dubai Harbour</a> has further enhanced Dubai’s position as a leading yachting and cruising hub and has also been instrumental in providing yachts and their owners an additional platform for berths and docking. Along with several other marinas across the emirate including <a data-gid="gid://syiq/Company/5856" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mina Rashid Marina (Company)">Mina Rashid</a>, Dubai is now home to over 15 marinas with more than 3,000 berths. Today, with its world-class infrastructure, picturesque coastline, simplified access procedures, open anchorage areas, luxury marinas, Dubai has become a global yacht tourism destination.<img src="https://photo-assets.superyachttimes.com/photo/248504/image/large-78e2679ac0f7613fc6d94ed49f071eb3.jpg" data-gid="gid://syiq/Photo/248504">Oliver Rees: Parts of the Middle East have worked a lot on tourism to appeal to the wider world. The region has an attractive climate 9 months of the year and a lovely coastline making it an alternative destination for winter cruising. Places like Dubai and Abu Dhabi have invested in infrastructure to accommodate yachting in general while working on the bigger picture of attracting the international yachting community.&nbsp;Grant Holmes: The evolution of the Arabian Gulf region occurred due to the high number of Ultra High Net Worth (UHNW) individuals from Abu Dhabi, Dubai, Qatar, Bahrain and Muscat interested in purchasing their own yachts, which in turn generated the need for marinas with supporting services. As the number of marinas and services grew to cater for yachts, the region started to flourish for locally flagged yachts. <img src="https://photo-assets.superyachttimes.com/photo/212919/image/large-253acb3eca3f00dd615751d06eedd514.jpg" data-gid="gid://syiq/Photo/212919">What has inspired the movement toward yachting in the region?Captain Steve Corbett: Superyachts are getting bigger and owners are cruising further and making the commitment to cross the Suez Canal. Once through the Canal services are limited but with <a data-gid="gid://syiq/Company/6806" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="JLS Yachts (Company)">JLS Yachts / Superyacht Middle East</a>™ opening its new office in Jeddah in November 2022 – yachts are assured to receive a good service when they enter the region. Features like the Saudi / Bahrain / Abu Dhabi Grand Prix, Dubai Expo, Qatar World Cup, Dubai <a data-gid="gid://syiq/Company/6878" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SailGP (Company)">SailGP</a>, Gulf Superyacht Summit and <a data-gid="gid://syiq/Company/1709" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dubai International Boat Show (Company)">Dubai Boat Show</a> are all attractions that enhance visits to our shores.Yousuf Lootah: Dubai’s all year round warm climate and longstanding maritime affiliation, which has been built upon year on year, has been the base for the city’s yachting industry. The marinas and facilities have attracted global yachting tourists and enthusiasts. The continuing expansion of this sector has significant benefits for Dubai as a superyacht capital and further consolidates Dubai’s status as a gateway to the region. This is aligned with the commitment of His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai, to make Dubai the most sought-after destination and an attractive city to live in and work. <img src="https://photo-assets.superyachttimes.com/photo/248510/image/large-78cb5d59072f3c5bff639ae03156a375.jpg" data-gid="gid://syiq/Photo/248510">Oliver Rees: The region has so much to offer for yachting and it’s realising its potential. A lot of the red tape has now been removed to make the process easier for some parts, which helps captains navigate with better agents to help with the process of coming into these countries. Captains also want other options after the Mediterranean season with different itineraries to explore and this region can offer that.Grant Holmes: The inspiration in reality came from a strong demand and desire of local UHNW Arabs to purchase new-build yachts of all descriptions in their own country within the Arabian Gulf region. Many of them have enjoyed yachting in the Mediterranean and Caribbean and now they want to enjoy that experience at home. <img src="https://photo-assets.superyachttimes.com/photo/243121/image/large-b88a5917808731bb25ba5ec8cf9aad34.jpeg" data-gid="gid://syiq/Photo/243121">Why do you think it has so much potential for superyacht owners and crew?Captain Steve Corbett: The Indian Ocean is the gateway to the Far East and also the Arabian Sea up to and including the Arabian Gulf. Dubai and UAE are great places for rest and relaxation for the crew with good connections for a crew change, and very good for yacht repair, excellent marinas and moorage options and a great provisioning stop. It offers a great last stop before proceeding onto the Maldives and then Malaysia, Hongkong, Singapore, etc.Yousuf Lootah: Dubai is particularly attractive as a hub for superyacht owners and its guests, with its world-class facilities and sophisticated infrastructure, simplified access procedures, open anchorage areas, luxury marinas and diverse sea and land-based experiences, and plethora of fine-dining restaurants and tourism attractions, all within easy access of the marinas.While for captains and crew, the city offers a consolidated multicultural environment, the presence of international schools for families, a central hub for flight connections globally, and a long season with beautiful weather. Combined with its ideal geographical location midway between the East and the West which makes its airline connectivity one of the most compelling advantages that Dubai has.&nbsp;Grant Holmes: The city destinations of Dubai, Abu Dhabi, Doha, Muscat and Manama offer a plethora of formidable world best attractions, leisure and tourism facilities, services and experiences. Coupled with idyllic and deserted islands, diving opportunities, desert orientated adventures and the culture of Arabian Hospitality make it a desirable and unique region for yachting. <img src="https://photo-assets.superyachttimes.com/photo/242122/image/large-baedb6550349b9c76502cbb3067cb694.jpg" data-gid="gid://syiq/Photo/242122">What can we expect in the coming years in terms of development?Captain Steve Corbett: More marinas with bigger berths – better and improved services for crew, as well as new superyacht service areas in Dubai. Expansion development in Oman and Qatar, easing of rules and regulations in yacht entry/exit operations and an expansion on the Saudi West Coast with many marinas and entertainment plans and services – yacht repair facilities and associations with Egypt, Israel and Jordan for charter options.Yousuf Lootah: Over the coming years, we will see a number of exciting developments in Dubai’s yachting industry which include state-of-the-art refit and shipyard maintenance, professional yachting and maritime academies for future crew, and qualified training centres for staff, in addition to upgrades to marinas. Dubai is also planning to host more luxury and yachting related events, and expects more entrepreneurs and owners of superyachts to open their offices in the city. Additionally, yacht guests can expect more streamlined docking and regulation processes.<img src="https://photo-assets.superyachttimes.com/photo/248502/image/large-3dd827d1fe1013aa08fa7589befaba2b.jpg" data-gid="gid://syiq/Photo/248502">Oliver Rees: Saudi Arabia is heavily investing in infrastructure to attract yachting to the region with more marinas, yacht clubs, beach clubs, hotels, shipyard facilities and opening previously private areas to yachting tourism. This will take time, but the first steps have been made with the addition of Jeddah Yacht Club providing superyacht facilities and an ideal place to stop for fuel on route to the Indian Ocean.&nbsp;Grant Holmes: Greater connectivity to the nearby Yachting regions encompassing the West of India, Sri Lanka, Maldives, Seychelles, Mauritius, Reunion and all Vanilla Islands, as well as the Red Sea. Such connectivity would allow Yachts to operate in the wider region without crossing the Suez Canal on a year-round basis. <img src="https://photo-assets.superyachttimes.com/photo/232076/image/large-6c990d407e0719deea43d5c686019210.png" data-gid="gid://syiq/Photo/232076">What challenges are yet to be overcome for yachting in the region?Captain Steve Corbett: There are still many challenges in the marine sector around superyacht and pleasure yacht operations – especially in the developing areas of Oman / Saudi / Qatar and even Maldives to a degree. We need these countries to work together to have a streamlined cohesive operation and complete understanding of this extremely valuable market. Better service, more moorage options, visa, and cruising permits will all be important. One of the biggest obstacles at present is the ability to charter and service those products.&nbsp;Oliver Rees: There is a hunger here, and a want to facilitate, but a lot of the legislation needs to be updated to make international yachting clearance smoother. There are good steps in the right direction with new extended cruising permits introduced within regions to make long stays easy. With the help of yachting agents, educating governments and ministries, we are slowly making headway at improvements to give visiting yachts a more seamless experience.&nbsp;Grant Holmes: Routing and inter-connectivity between all key destinations remains a challenge. Certain regulations, immigration and customs procedures and administration, including clearances, need to be simplified, but a lot of progress is already being made in these areas. <img src="https://photo-assets.superyachttimes.com/photo/209631/image/large-062082179b2be4de100888c734fb22db.jpg" data-gid="gid://syiq/Photo/209631">What do you think is the most valuable thing the region has to offer?Captain Steve Corbett: Location! Plenty of sunshine, cheaper fuel, beautiful beaches and many untapped and unexplored areas of warm water, idyllic Islands. It is a great place to make your base and then explore from there. Oman has a spectacular coastline with Khors and hidden anchorages that are spectacular. The UAE has an incredible activities calendar with some of the biggest events and production in the world.&nbsp;Yousuf Lootah: Apart from the range of world-class infrastructure and facilities, Dubai’s maritime tourism offering is spread across the landscape and even touches a part of the city’s cultural and social fabric. As a cosmopolitan destination that is home to over 200 different nationalities, Dubai also offers visitors an outstanding quality of life and a distinctive lifestyle experience . As the gastronomy capital of the region, Dubai has an array of homegrown and international restaurants, offering a plethora of culinary experiences catering to all appetites, cultures and budgets.Grant Holmes: To Sail between waters of the most modern, luxurious and attractive cities on the planet with world class infrastructure that act as gateways to a wide spectrum of world best attractions as well as nature, aqua and adventure orientated experiences.&nbsp;This article was originally published in&nbsp;<a href="https://www.superyachttimes.com/yacht-news/superyacht-times-issue-42" target="_blank">Issue 42 of SuperYacht Times newspaper.</a>&nbsp;To read more stories like this one and to never again miss another issue of the SuperYacht Times newspaper,&nbsp;<a href="https://shop.superyachttimes.com/report/the-superyacht-times-subscription" target="_blank">subscribe here</a>.

Expert Insight on the Arabian Gulf 

SYT speaks to Yousaf Lootah, Oliver Rees, Captain Steve Corbett and Grant Holmes about the Arabian Gulf yachting industry.

Expert Insight: Arabian Gulf 

The <a href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Superyacht Summit - 2022">Gulf Superyacht Summit 2022</a> is now only a few days away, taking place on 9 and 10 November onboard the Queen Elizabeth 2 in <a data-gid="gid://syiq/Company/5856" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mina Rashid Marina (Company)">Marina Mina Rashid</a>, Dubai, under the patronage of <a href="https://www.superyachttimes.com/companies/p-o" target="_blank">P&amp;O Marinas</a>.&nbsp;Some of the keynote speakers have already been announced with Peter Lürssen, CEO of <a href="https://www.superyachttimes.com/companies/lurssen" target="_blank">Lürssen Yachts</a> declared as the honoured keynote interviewee for the event. Peter Lürssen is the fourth-generation shipyard owner of the legendary German shipyard, which has built a large proportion of some of the world’s most exclusive yachts. We are now able to announce the final list of speakers for the two day event. <img src="https://photo-assets.superyachttimes.com/photo/235856/image/large-9034c539c3da3b38f1bf9af695f0d5ea.jpeg" data-gid="gid://syiq/Photo/235856">WEDNESDAYThe future of the Gulf | 9 Nov |&nbsp;09:45 - 10:25A panel of experts from the region gives an update on the latest developments in the Gulf Region. Gunther Alvarado, COO of Al Seer Marine has now joined the panel, to share more about the recent announcement that <a data-gid="gid://syiq/Article/56027" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Al Seer Marine, MB92 and P&O Marinas to create superyacht service centre and refit shipyard in Dubai (2022-09-27 16:15:00 +0200)">Al Seer Marine, MB92 and P&amp;O Marinas are investing in a superyacht service centre and refit shipyard in Dubai</a>.<img src="https://photo-assets.superyachttimes.com/photo/90580/image/large-267f4d2bfd330bdaa3d6a910ce1d9d48.jpg" data-gid="gid://syiq/Photo/90580"> Investing in the UAE | 9 Nov | 10:25 - 11:05&nbsp;With a growing fleet and more demand for yachts, it is now a good time to invest in the yacht industry of the United Arab Emirates. What are the opportunities and challenges of investing or starting a yacht business in the United Arab Emirates. Paolo Casani, CEO of <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons International (Company)">Camper &amp; Nicholsons</a> yacht brokerage will be joining Jean-Marc Bolinger of <a data-gid="gid://syiq/Company/97" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Barcelona (Company)">MB92 Barcelona</a>, Francis Lapp of <a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef</a> and Saleha Osmani, Regional Head of the Middle East of Invest Industrial. <img src="https://photo-assets.superyachttimes.com/photo/215707/image/large-2c4101a2581add199ebbd49be32048fd.jpg" data-gid="gid://syiq/Photo/215707">Looking after the growing fleet in the UAE | 9 Nov | 11:35 - 12:15Globally the superyacht fleet is growing, but also in the UAE. There need to be marinas to dock the yachts, agents to support them, suppliers to supply them and shipyards to maintain them, is that available and what needs to be done? The panel has now been expanded to include Jo Assael, Director of <a data-gid="gid://syiq/Company/834" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Döhle Private Clients Ltd (Company)">Döhle Yachts</a>, Fiorenzo Spadoni, Marine United Kingdom Area Director of <a data-gid="gid://syiq/Company/1457" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RINA (Company)">RINA</a> and Captain Mike Fetton, General Manager of <a data-gid="gid://syiq/Company/6806" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="JLS Yachts (Company)">JLS Yachts</a>.<img src="https://photo-assets.superyachttimes.com/photo/48515/image/large-2ba0ccb304fc4014ce90ea19fae11ae2.jpg" data-gid="gid://syiq/Photo/48515">The challenges of yacht ownership in the Gulf | 9 Nov | 12:15 - 12:55What are the challenges faced by superyachts owners in the Gulf region? Oliver Blanchet, Head of Jet and Yacht Finance of BNP Paribas, Julian Smith, Principal Surveyor of the Cayman Islands Shipping Registry and Rob Tobin, Managing Director of <a data-gid="gid://syiq/Company/5129" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riela Yachts (Company)">Riela Yachts</a>, discuss finance, ownership structures, insurance and flagging.&nbsp;Attracting new clients in the Gulf | 9 Nov | 14:20 - 15:00The number of millionaires in Dubai has increased by 18% to around 67,900 millionaires and the real estate market is booming. Is there also a stronger demand for yachts in the Gulf region? Justin Ratcliffe will be joined on stage by Rado Antolovic, CEO of<a data-gid="gid://syiq/Company/6122" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="DryDocks World (Company)">&nbsp;Drydocks World</a>, Jorritt Pilaar, Sales Manager of <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a> and Paris Baloumis, Group Marketing Director of <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a>.<img src="https://photo-assets.superyachttimes.com/photo/205513/image/large-b8253c0903b3a9878c18542f0203a3b6.jpg" data-gid="gid://syiq/Photo/205513">The Owner’s Perspective | 9 Nov | 15:00 - 15:30Interview with a superyacht owners to get their perspective on cruising the Gulf region and beyond. Francesca Webster will be moderating the talk between Guido Krass, owner of the 85-metre superyacht <a data-gid="gid://syiq/Yacht/6018" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bold85.3m (279'10&quot;)SilverYachts2019">Bold</a>, and Mohamed Al Zaabi, owner of the 35m <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> <a data-gid="gid://syiq/Yacht/1420" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="DXB34.95m (114'8&quot;)Benetti SpA2003">DXB</a> and CEO of <a data-gid="gid://syiq/Company/4686" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royal Yachts Dubai (Company)">Royal Yachts</a>.<img src="https://photo-assets.superyachttimes.com/photo/247653/image/large-90ee00189d2f26e92590de9fcc4096db.jpg" data-gid="gid://syiq/Photo/247653">Charter the way forward for the Gulf? | 9 Nov | 15:30 - 16:10 To create a destination, it is extremely important that there are yachts available for charter. Be it for day charters or overnight charters. How can the Gulf attract more charter yachts? The original panel will now be joined by Anastazja Kociolkowska,&nbsp;Business Development Manager Dubai of <a data-gid="gid://syiq/Company/159" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Burgess (Company)">Burgess</a>.THURSDAYThe Great Eastern Route | 10 Nov | 9:00 - 9:40What can the different regions and countries do together to get more superyachts travelling eastwards? Grant Holmes of Inchape will now be joined on stage by Steve Stiglbauer, Port Manager of Old Doha Port, as well as Abdulla Waheed, Managing Director of <a data-gid="gid://syiq/Company/4537" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Maldives Yacht Support (Company)">Maldives Yacht Support</a>.<img src="https://photo-assets.superyachttimes.com/photo/90581/image/large-c1ba62634c94849d6fba5fb7d716e500.jpg" data-gid="gid://syiq/Photo/90581">How tech can benefit the Superyacht Industry | 10 Nov| 10:00 - 10:40Technology is a big part of our lives today and the superyacht industry starts to slowly adopt more tech. On this panel, we have some experts who are challenging the industry with cool tech solutions that benefit industry professionals and superyacht owners. For this newly launched panel, Merijn de Waard will be joined by Sylvain Vieujot of <a data-gid="gid://syiq/Company/5737" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Enata Marine (Company)">ENATA</a>, Thomas O’Nial, Co-Founder of Meta Yachts, Giovanni Alessi Anghini, Chief Innovation &amp; Technology Officer of <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons International (Company)">Camper &amp; Nicholsons</a> and Fabian Tollenaar, Technology Director of YachtEye.<img src="https://photo-assets.superyachttimes.com/photo/247676/image/large-62b2d94a7fe7e4d62108e7766bd12485.jpg" data-gid="gid://syiq/Photo/247676">The Energy Challenge | 10 Nov | 11:30 - 12:10With a lot of forward-thinking billionaires as clients, why is there no superyacht on the water yet that is powered by hydrogen? What are the latest developments and what will it look like in 5-years from now? Engel Jan de Boer,&nbsp;Yacht Segment Director of <a data-gid="gid://syiq/Company/554" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lloyds Ships (Company)">Lloyd's Register</a> will be moderating the panel with Paolo Bertetti,&nbsp;Vice President Technical R&amp;D of <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>, Jo Assael of <a data-gid="gid://syiq/Company/834" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Döhle Yachts (Company)">Döhle Yachts</a> and Dr. Bernhard Urban, Head of Development &amp; Innovation of <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Fr. Lürssen Werft GmbH &amp; Co. KG</a>.<img src="https://photo-assets.superyachttimes.com/photo/235859/image/large-e7d2935d870c7b3871df2e6fb3326f97.jpeg" data-gid="gid://syiq/Photo/235859">You can find the full schedule and more information on the <a href="https://www.superyachttimes.com/yacht-news/gulf-superyacht-summit-2022-early-bird-tickets#managed-by-system" target="_blank">Gulf Superyacht Summit</a> website: <a href="https://www.gulfsuperyachtsummit.com/" target="_blank">www.gulfsuperyachtsummit.com</a>. <a href="https://dubai.platinumlist.net/event-tickets/84531/gulf-superyacht-summit" target="_blank">Early bird tickets</a> for the <a href="https://www.superyachttimes.com/yacht-news/gulf-superyacht-summit-2022-early-bird-tickets#managed-by-system" target="_blank">Gulf Superyacht Summit 2022</a> now sold out, but there are some final tickets remaining. Don’t miss out, <a href="https://dubai.platinumlist.net/event-tickets/84531/gulf-superyacht-summit" target="_blank">buy your tickets today</a>. <img src="https://photo-assets.superyachttimes.com/photo/240975/image/large-1dd1deadc2235db72ef7c675ba4762cc.png" data-gid="gid://syiq/Photo/240975"><img src="https://photo-assets.superyachttimes.com/photo/240976/image/large-fd2d41a0239fa277712a77d8dfcfd133.png" data-gid="gid://syiq/Photo/240976">

Gulf Superyacht Summit speakers

The final speakers have been announced for next week's Gulf Superyacht Summit.

Gulf Superyacht Summit 2022: Final speakers announced for next week's summit

While Dubai may be famous for its high rise buildings, year-round sunshine and world class hotels, over recent years the city has focused a major investment in yachting facilities, which go far beyond marinas alone.<img src="https://photo-assets.superyachttimes.com/photo/242089/image/large-635e090f56a581800603a2f005a21819.jpg" data-gid="gid://syiq/Photo/242089">Wowing the industry during this year’s Dubai Yacht Show located in the new <a data-gid="gid://syiq/Company/6804" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dubai Harbour Marina (Company)">Dubai Harbour Marina</a>, the city has put itself on the map as a yachting destination and SuperYacht Times has taken a closer look at the major yachting-focused developments that now welcome superyachts on arrival.<img src="https://photo-assets.superyachttimes.com/photo/213886/image/large-4f8fcbf72482f24566076f218bbe8ae4.jpg" data-gid="gid://syiq/Photo/213886">Dubai as a Winter DestinationTraditionally superyacht owners and captains have been limited in their winter berthing, and as such forced either into refit in the Mediterranean or to a trans-Atlantic passage to the Caribbean during the colder months. Now, however, Dubai’s extensive investment means that yacht owners have a new option; to explore the Gulf and the Indian Ocean from the safety and security of one of the world’s most glamorous cities.<img src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/242076/image/large-66625e9971f6ae6e33b1f9a9a895955e.jpg?X-Amz-Algorithm=AWS4-HMAC-SHA256&amp;X-Amz-Credential=AKIA52TLVJASOPFTPHWY%2F20221102%2Feu-west-1%2Fs3%2Faws4_request&amp;X-Amz-Date=20221102T095320Z&amp;X-Amz-Expires=900&amp;X-Amz-SignedHeaders=host&amp;X-Amz-Signature=6f10249a6214ba9d20b8f159ec6c39c3f3128d59b1dc3aa3d3a51b2d0aafe121" data-gid="gid://syiq/Photo/242076">With more than 14 marinas, a number of which service yachts of over 80-metres, spread across the coastline, owner’s can choose from a variety of marinas to moor their vessel during their stay. The city is also home to over 88 repair and maintenance companies and the first superyacht refit facilities are already under construction at <a data-gid="gid://syiq/Company/5856" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mina Rashid Marina (Company)">Port Rashid Marina</a> in the east of the city.<img src="https://photo-assets.superyachttimes.com/photo/243120/image/large-d95d1f0fef7490132327ea93241cc6b7.jpeg" data-gid="gid://syiq/Photo/243120">The city has also established a network of rental jetties, meaning that owner’s can explore the inner city and its waterways from the comfort of their own vessel or tender, without having to worry about where to moor their yacht.<img src="https://photo-assets.superyachttimes.com/photo/243121/image/large-b88a5917808731bb25ba5ec8cf9aad34.jpeg" data-gid="gid://syiq/Photo/243121">Over the coming years, the superyacht facilities are due to multiply, with a vast superyacht expansion to the <a data-gid="gid://syiq/Company/5856" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mina Rashid Marina (Company)">Port Rashid Marina</a> which the world famous <a data-gid="gid://syiq/Yacht/206" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dubai162.0m (531'6&quot;)Platinum Yachts FZCO2006">Dubai</a> superyacht has called home for many years. <a data-gid="gid://syiq/Article/56027" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Al Seer Marine, MB92 and P&O Marinas to create superyacht service centre and refit shipyard in Dubai (2022-09-27 16:15:00 +0200)">September 2022 saw the beginnings of a joint venture between Al Seer Marine, MB92 and P&amp;O Marinas, with the vision of developing the first dedicated superyacht refit and repair facility in Dubai</a>.Already the site has made a serious investment into the crew facilities onsite, with an expansive gym, padel courts, crew accommodations, and a number of restaurants and office spaces. Reinforcing the arrival of Dubai on the world superyacht scene, with industry titans such as <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons International (Company)">Camper &amp; Nicholsons</a> opening offices in the city.&nbsp;Dock-to-Dine RestaurantsPriding itself with some of the world’s most extraordinary gastronomy, yacht owners won't need to venture far to enjoy excellent food in Dubai. In fact the city has been advocating for waterfront restaurants with tender dockage facilities, meaning that owners can be transported directly from the yacht to the table.<img src="https://photo-assets.superyachttimes.com/photo/242002/image/large-d95b45127fbda821828232df63d48d84.jpeg" data-gid="gid://syiq/Photo/242002">Bar Du Port is a waterfront restaurant quickly becoming a favourite of yacht owners in the city. With a view over Dubai Harbour, the Marina Skyline and Palm Jumeirah, the European cuisine blends perfectly with the exotic surroundings, making the restaurant the ideal spot to enjoy after an afternoon on the water.The beachfront restaurant Shimmers on the waterfront of Jumeirah Mina A Salam is a Greek restaurant with reputable service and a relaxed vibe.<img src="https://photo-assets.superyachttimes.com/photo/242000/image/large-6f6b449e5de5d713c5f0e4cba7ff9bf4.jpeg" data-gid="gid://syiq/Photo/242000">Offering a Mediterranean menu and aesthetic, Brasserie du Park is ideally situated in the Dubai Creek with tender dockage on the doorstep. The menu is designed to be shared and the location offers excellent views over the city skyline.If it's Mediterranean you’re after Boardwalk is the perfect place and has become something of a Dubai institution on the water. Built on a jetty and sitting directly over the water, the restaurant has a live music night and serves fresh seafood, Mediterranean fare and, of course, unbeatable views.<img src="https://photo-assets.superyachttimes.com/photo/241999/image/large-2a8d960186138a41ed2266880736fc78.jpeg" data-gid="gid://syiq/Photo/241999">Aside from the dock-to-dine restaurants, Dubai offers 11 Michelin Star restaurants and in June of this year the city unveiled its first Michelin Guide. In addition, if it is a night onshore that an owner is wishing to enjoy, the city is bursting with more than 50 5 star hotels to choose from, as well as the world renowned 7 star hotel; Burk Al Arab.Life on the WaterWhile the land-based yachting facilities are extensive in Dubai, the city is well known for its water-based activities and with long-term anchorage available just offshore, many superyachts remain at anchor and tender into the city itself.<img src="https://photo-assets.superyachttimes.com/photo/242131/image/large-98e5e6aeb277b58d6088b95fac356a47.jpg" data-gid="gid://syiq/Photo/242131">Watersports are a major attraction for yachties to Dubai, with a fantastic reputation for its kitesurfing conditions, as well as sites for Jet Skiing, scuba diving, snorkelling and submarine adventures.<img src="https://photo-assets.superyachttimes.com/photo/242079/image/large-7185e9ae9e5660ee6a10743116da91ee.jpg" data-gid="gid://syiq/Photo/242079">Situated about 2.5 miles off the coast, the World Islands are a smattering of tropical sand banks which are gradually being converted into luxury on water escapes.The luxury Resort Anantara is a world of its own and is accessed via superyacht or tender, with exceptional restaurants and a boutique atmosphere. The archipelago features more than 300 man made islands and is the perfect destination for a morning out on the water with a freshly packed picnic and a suite of water toys in tow.<img src="https://photo-assets.superyachttimes.com/photo/242017/image/large-5ddeea0ecf2f78676ee49c61110d9bc3.jpeg" data-gid="gid://syiq/Photo/242017">If you are looking for something a little further ashore, Crescent Island, or Moon Island as it is sometimes called, offers cerulean blue waters alongside the enticing sand dunes of the mainland. The island is known as a hidden gem, where watersports are the main attraction and few tourists are seen.Global Connectivity&nbsp;Making Dubai a winter home has more benefits than the city itself however. Located at the gateway to the Indian Ocean and Asia to the east and the Mediterranean to the West, yacht owners can enjoy smoother access to some of the world’s most exclusive destinations.<img src="https://photo-assets.superyachttimes.com/photo/244633/image/large-acf9bfd2e99485a0caa9d3f506d7f513.jpg" data-gid="gid://syiq/Photo/244633">The Maldives, the Seychelles, Madagascar, Mauritius and Réunion are often out of reach to yacht owners that frequent the Mediterranean and Caribbean, but for superyachts which make Dubai their home, the unspoiled beaches, world renowned scuba diving and breathtaking landscapes are far more accessible.<img src="https://photo-assets.superyachttimes.com/photo/170608/image/large-0b92f98aeb89cfe246e172e3786f57a8.jpg" data-gid="gid://syiq/Photo/170608">As Asia and beyond begins to open its doors to the superyacht community, Dubai’s location will only become yet more attractive, particularly with its continued expansion into the superyacht refit sector.<img src="https://photo-assets.superyachttimes.com/photo/244635/image/large-83503d7c151dcffcb5d0ef1582d5f09b.jpg" data-gid="gid://syiq/Photo/244635">Dubai is a global destination, one which has built a reputation for excellence in the worlds of luxury, gastronomy and retail. Now the city is staking its claim on the global superyacht scene, and it is doing so with time dedicated research to understand exactly what superyacht owners, and their crew, are looking for.To find out more about visiting Dubai with your superyacht, get in touch with the Dubai Tourism team now:

Dubai has recently focused a major investment into yachting facilities, making it the perfect winter superyacht destination.

What makes Dubai the perfect winter superyacht destination?

<a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons International (Company)">Camper &amp; Nicholsons</a> has unveiled its latest expansion plans in the United Arab Emirates with the announcement that it will be opening a brand new office in Dubai.<img src="https://photo-assets.superyachttimes.com/photo/242089/image/large-635e090f56a581800603a2f005a21819.jpg" data-gid="gid://syiq/Photo/242089">Conveniently located in the popular yachting hotspot of <a data-gid="gid://syiq/Company/5856" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mina Rashid Marina (Company)">Mina Rashid Marina</a>, the new office is set to offer ‘full-scale turnkey services to domestic and international clientele’, according to a statement released by the company.Paolo Casani, CEO of <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons International (Company)">Camper &amp; Nicholsons</a>, comments: “We continue the expansion of <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons International (Company)">Camper &amp; Nicholsons</a> in one of the most important hubs of the yachting industry – Dubai and the Emirates.”<img src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/242009/image/large-03c4b6ce49d54c1431bb16c84a3ef644.jpeg?X-Amz-Algorithm=AWS4-HMAC-SHA256&amp;X-Amz-Credential=AKIA52TLVJASOPFTPHWY%2F20221005%2Feu-west-1%2Fs3%2Faws4_request&amp;X-Amz-Date=20221005T110126Z&amp;X-Amz-Expires=900&amp;X-Amz-SignedHeaders=host&amp;X-Amz-Signature=bef617d1e7f57da9c4800fa64898d28c1a1f9c1e252a613b6b49679c478ba4d1" data-gid="gid://syiq/Photo/242009">He continues: “The international presence and the offering of all our services from brokerage, new construction project management, charter, crew and yacht management services to insurance will give us an excellent opportunity to be closer to our international clients and local superyacht owners.”With approximately 200 yachts currently in its operational fleet, <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons International (Company)">Camper &amp; Nicholsons</a> will be celebrating its 240-year anniversary this year.&nbsp;<a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons International (Company)">Camper &amp; Nicholsons</a> will be in attendance at the <a href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Superyacht Summit - 2022">Gulf Superyacht Summit</a> on the 9th and 10th of November, which is hosted by SuperYacht Times. You can find more information about the summit here: <a href="https://www.gulfsuperyachtsummit.com/" target="_blank">www.gulfsuperyachtsummit.com</a>

Camper & Nicholsons announces new office in Dubai

Camper & Nicholsons unveils its latest expansion plans in the United Arab Emirates, opening a brand new office in Dubai.

<a data-gid="gid://syiq/Company/4790" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Al Seer Marine (Company)">Al Seer Marine</a>, <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">MB92 Group</a> and <a data-gid="gid://syiq/Company/6707" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="P & O Marinas (Company)">P&amp;O Marinas</a> announce today that they have signed a memorandum of understanding with the view to set up a joint venture to develop the first dedicated superyacht refit and repair facility in Dubai. This new high-capacity shipyard will provide superyacht owners with a customised world class refit service in the Gulf, the first of its kind in the region.<img src="https://photo-assets.superyachttimes.com/photo/243119/image/large-fa47f3fce9a79c3337d666bd4b8d10ad.jpeg" data-gid="gid://syiq/Photo/243119">The shipyard construction is scheduled for completion in 2026, with the joint venture offering its superyacht repair and refit services from next year in 2023, as the start of this strategic plan. <a data-gid="gid://syiq/Company/4790" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Al Seer Marine (Company)">Al Seer Marine</a> has been looking to develop a world class superyacht service centre and refit shipyard in the UAE since 2019 and after discussions with <a data-gid="gid://syiq/Company/6707" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="P & O Marinas (Company)">P&amp;O Marinas</a> in Dubai, found the perfect strategic partner to realise the project. Now with <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">MB92 Group</a> as the third partner and the chosen operator of the shipyard, this new facility will deliver the unrivalled quality of service the customers in the region need.<img src="https://photo-assets.superyachttimes.com/photo/26092/image/large-c8c7b3a0f880a17bfd80ae6514ced70e.jpg" data-gid="gid://syiq/Photo/26092"> Gunther Alvarado, Chief Operating Officer of <a data-gid="gid://syiq/Company/4790" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Al Seer Marine (Company)">Al Seer Marine</a> said, “Leading this powerful partnership is part of Al Seer Marine’s overall investment strategy and vision for the Gulf Region, with some of the most complex superyachts owned and operated in the region, we will have a world class facility with leading suppliers and subcontractors, that will serve their requirements.” Hamza Mustafa, Chief Operating Officer of <a data-gid="gid://syiq/Company/6707" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="P & O Marinas (Company)">P&amp;O Marinas</a>, a DP World company said: “The UAE is the ideal location to service the Gulf region’s growing number of superyacht owners. Dubai has developed its reputation over the years as a top destination for luxury yachting with the creation of several high-end marinas. We already look after some of the most exclusive and advanced yachts at <a data-gid="gid://syiq/Company/5856" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mina Rashid Marina (Company)">Mina Rashid Marina</a>. With the development of a new service centre and refit shipyard, the UAE and Dubai’s offering as a hub for yacht owners will be even more attractive.”<img src="https://photo-assets.superyachttimes.com/photo/243120/image/large-d95d1f0fef7490132327ea93241cc6b7.jpeg" data-gid="gid://syiq/Photo/243120"> Jean-Marc Bolinger, CEO of <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">MB92 Group</a>, added, “Creating a world-class refit shipyard from scratch, in the dynamic hub of Dubai and the Gulf, represents a very exciting and unique opportunity for our Group, which has been on our strategic agenda for several years. It will enable us to expand the foot print of our first-class facilities and provide our clients in the region with the same level of service and support the receive and expect in Barcelona and La Ciotat. We look forward to presenting the details of this exciting joint venture to our key stakeholders in the coming months.”All three companies will be in attendance at the Gulf Superyacht Summit on the 9th and 10th of November, which is hosted by SuperYacht Times. You can find more information about the summit here: <a href="https://www.gulfsuperyachtsummit.com/" rel="noopener noreferrer" target="_blank" title="">www.gulfsuperyachtsummit.com</a>

Superyacht service centre and refit shipyard

Al Seer Marine, MB92 and P&O Marinas to create superyacht service centre and refit shipyard in Gulf region.

Al Seer Marine, MB92 and P&O Marinas to create superyacht service centre and refit shipyard in Dubai

The UAE-based shipbuilder <a data-gid="gid://syiq/Company/955" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Craft (Company)">Gulf Craft</a> has announced a spike in sales during the first half of 2021, recording a 42 percent increase in the value of its global order book, compared to the full year of 2020. The shipyard has secured 71 orders for its range of yachts in H1 of 2021, with 32 having been delivered so far.<img src="https://photo-assets.superyachttimes.com/photo/202592/image/large-74eaad4937848c0bb1c970c084c6d119.png" data-gid="gid://syiq/Photo/202592"><a data-gid="gid://syiq/Company/955" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Craft (Company)">Gulf Craft</a> has seen significant growth particularly in Europe with distribution channels established in key countries including Germany, Spain, the Netherlands, Portugal. They have also seen growth into Australia, and notably in the Maldives with the development of a new factory here, widening their global expansion.<ul><li><a data-gid="gid://syiq/Article/53209" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Video: Inside the Gulf Craft shipyard (2021-06-21 11:00:00 +0200)">Video: Inside the Gulf Craft shipyard</a></li></ul>In our recently released market report, <a href="https://www.superyachttimes.com/market-reports/the-state-of-yachting-2021" rel="noopener noreferrer" target="_blank" title="">The State of Yachting 2021</a> from <a href="https://superyachttimes.ac-page.com/homepage" rel="noopener noreferrer" target="_blank" title="">SYT iQ</a>, we found that the UAE is now the eighth highest country for new-build superyacht's over 30-metres, one place higher than in 2020. We have also seen however, that in 2020 the UAE were accountable for four new-build superyacht sales, which was 2% of the market, but in 2021 have only been accountable for one new-build yacht sale, around 1% of the market. We can also see that the UAE owner’s make up one of the higher portions of ownership in the superyacht fleet, at around 3.4% in 2021.<img src="https://photo-assets.superyachttimes.com/photo/202591/image/large-3d177b16490a546e730d1bcaf4e69eb2.jpg" data-gid="gid://syiq/Photo/202591">The <a data-gid="gid://syiq/Company/955" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Craft (Company)">Gulf Craft</a> Majesty 175, the world's largest composite production yacht, was unveiled during H1 2021 and is set to be delivered to her owner later this summer. They also delivered a Majesty 100, one of its most popular models, that has gained international acclaim for its innovative design and performance capabilities. The Majesty 120, launched last summer, was also delivered, with two further hulls in build.<ul><li><a data-gid="gid://syiq/Article/53004" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Craft premiers world’s largest composite superyacht: Majesty 175 (2021-05-24 10:00:00 +0200)">Gulf Craft premiers world’s largest composite superyacht: Majesty 175</a></li><li><a data-gid="gid://syiq/Article/52649" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Inside the magnificent Majesty 175 by Gulf Craft (2021-04-06 13:00:00 +0200)">Inside the magnificent Majesty 175 by Gulf Craft&nbsp;</a></li></ul>Strengthening its position in its home market of Dubai, <a data-gid="gid://syiq/Company/955" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Craft (Company)">Gulf Craft</a> has announced a partnership with P&amp;O Marinas, to open a dedicated sales centre at <a data-gid="gid://syiq/Company/5856" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mina Rashid Marina (Company)">Mina Rashid Marina</a>, the home port of many of Dubai’s superyacht's. The centre will also include a design studio.&nbsp;Talal Nasralla, CEO of <a data-gid="gid://syiq/Company/955" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Craft (Company)">Gulf Craft</a>, commented on the rise in sales, “The strong performance in the first half of this year reflects the growing appeal of <a data-gid="gid://syiq/Company/955" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Craft (Company)">Gulf Craft’</a>s vessels among boaters from across the world, who appreciate our exceptional craftsmanship and attention to detail. We have seen demand increase exponentially across all our five brands… with customers from the GCC region, the US, Europe and Australia. Our expanded dealer network and stronger partnerships in the UAE will drive our continued growth through the rest of the year and beyond.”<img src="https://photo-assets.superyachttimes.com/photo/202590/image/large-d9d559da1e719d4d06c3daef285c733d.jpg" data-gid="gid://syiq/Photo/202590">

Gulf Craft records spike in sales

Gulf Craft has recorded a spike in sales during the first half of 2021, with a 42 percent increase in its order book value.