The 47.2m luxury superyacht will be the largest constructed in the company’s 31-year history and is scheduled for completion in 2015.
Mohammed Hussain Al Shaali, Chairman of Gulf Craft, said, “The Middle East continues to lead demand in the global superyacht market. Moreover, Gulf Craft also highlights the regional marine industry’s capability and growing prominence on an international stage with the Majesty 155 being one of the largest composite superyachts ever to be constructed in the Middle East.”
“As a market for superyachts, the GCC and surrounding region is maturing rapidly,” added Al Shaali.
“We are very optimistic about this region as more people are finding their way to the water. The destination building and infrastructure for superyachts in terms of larger berthing facilities, better equipped marinas and superior support facilities has progressed in recent years. With an active sales orientation towards a global client base, we are seeing increased demand worldwide for superyachts over 40m in general, with a particular appetite for the highly customized and individualized products we are able to provide.”
Gulf Craft exhibited three superyachts at DIBS 2013. These were the brand new Majesty 135, the Middle East premiere of the Majesty 125 and a new Majesty 105.
Erwin Bamps, Chief Operating Officer, Gulf Craft said, “This is the first time we show the Majesty 125 to the public in the region. The concept has been extremely well received in Europe when it was displayed at both Cannes and Monaco Yacht Shows in previous years.”
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