Since joining the Gulf Craft team in 2002 as Executive Manager, Bamps has had a firm focus on re-establishing the brand on a more global scale. Quickly becoming the COO in 2009, the company swelled from a few hundred employees to nearly 2000 people all over the globe.

Bamps was due to speak at SuperyachtDESIGN Week last week and had to cancel at the last second due to a meeting called on by the Board Members. Little did he know, this was to announce his new position as CEO. He commented to "we've been expanding for the last few years and are heading in a fresh direction following a boom in business." As for the brand's continued success, Bamps credits this to a different way of doing business. "I think the market has changed over the last few years, and our business model seems to fit the new market of the moment. We approach clients in a different way and appeal to the new way they want to purchase a yacht". Perched nicely between Europe and Asia, their head offices just north of Dubai mean they have been able to emerge from the GFC in perhaps a bit better shape than someone based in Europe or America. "This is a boiling spot for the market" he explains "there has been a shift in the global wealth and we're seeing interesting growth in the east and being based in the middle of the new wealth means we also experience the marketplace differently".

Bamps has a number of plans for the coming months and promises plenty of noise to be coming from him and the rest of the team. "We're seeing yacht manufacturing processes change, new technologies coming to the market and a different way to build yachts. This is going to lead the path in the future and I think one of the keys to Gulf Craft's continued growth".

Profile links

Gulf Craft

If you've found this story to be 'a report worth reading', and you would like to enjoy access to even more articles, insight and information from The Superyacht Group, then you may well be interested in our VIP print subscription offer. We are inviting industry VIPs to register for a complimentary subscription to our print portfolio, which includes the most insightful information on the state of the superyacht market. To see if you qualify for our VIP subscription package, please click here to fill in an application form