Gulf Craft celebrates most successful DIBS with USD20 M in sales achieved in five days
- United Arab Emirates: Saturday, March 24 - 2007 at 16:06
- PRESS RELEASE
Gulf Craft Inc, the Middle East's largest boat and yacht manufacturer, is celebrating its most successful Dubai International Boat Show to date having achieved record sales of USD20 million during the five day event along with deals worth at least that much again currently under negotiation.
"Particularly significant was the degree of interest from Kuwaiti, Saudi and also European customers - both individuals and dealers. Smaller yachts like our Majesty 44, Majesty 50 and Majesty 56 as well as our super yacht division ,with in particular the newly released Majesty 101, have received major attention and there is every prospect of significantly expanding our presence in new parts of Europe," said Erwin Bamps, Executive Manager, Gulf Craft.
Gulf Craft is one of a handful of specialist yacht builders worldwide with the skills and capacity to produce vessels of more than 100 feet in overall length, and already exports more than 70 per cent of its annual production of 700 vessels.
Another highlight for the local company was the unveiling of two new craft in its luxury Majesty Yacht range - the Majesty 101 and the Majesty 56. Both were well received among visitors with 9 orders for the yachts already placed during the exhibition.
"Among the most popular models at this year's Boat Show was the luxurious Majesty 101. This reflects our growth and strength in the semi customized super yacht market for which we have a significant market share," continued Erwin Bamps.
Gulf Craft was once again the most prominent exhibitor at DIBS, exhibiting a total of 13 boats in the water and another 8 models on land during the show. An increase of 5 vessels from last year's exhibition, represents the company's growing market share and continued commitment to servicing the maritime needs of the Middle East.
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Although Gulf Craft Inc began life building small pleasure craft, it is now a mainstream producer of multi-deck masterpieces where neither expense nor effort are spared in setting the definitive 'state of the art' standard for ocean-going luxury.
It is one of only a handful capable of producing vessels of 100-ft and over, with an annual production of about 600 vessels up to 130 ft overall length.
Since launching its Majesty Yachts brand in 2004, orders have been pouring in. Its first top-of-the range 130-footer is due for delivery soon and a 145-footer is now on the drawing boards.
For further details contact:
d'Events PR: Linsey Worgan, Telephone:
+971 (0)4 3311104
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