2/3/2009
Gulf Craft to launch four new models at Dubai International Boat Show

Yacht Manufacturer continues Investments and Expansion of its Business.

Dubai, 02 March 2009: Gulf Craft has today revealed that it is launching four new models in its expanding product range during this year’s Dubai International Boat Show. The new additions include two new luxury Majesty yachts, the Majesty 63 and the super yacht Majesty 121, as well as the Silver Craft 34 leisure craft and the ground breaking Oryx 54 sport fly-bridge yacht.

“The Dubai International Boat Show, one of the most important events in the global yachting calendar, continues to remain the ideal platform to launch our new models to the world. The launch of four new Gulf Craft models at this year’s event is indicative of our long term strategic vision and relentless investments in product and process development, even and especially in today’s economic climate. It is also testament to the ongoing demand we are experiencing, in particular in the super yacht category where we anticipate a stable demand in the next two years,” said Erwin Bamps, Executive Manager, Gulf Craft Inc.

With three individual stands and 24 boats on display, Gulf Craft is once again a most prominent exhibitor at DIBS 2009 and is exhibiting a record number of vessels at this year’s premier boat exhibition, representing the company’s growing market share and continued commitment to servicing the maritime needs of the Middle East.

“The introduction of two new Majesty yachts will further add to the impressive portfolio of luxury vessels Gulf Craft currently offers. Our ability to keep up with the ongoing demand for Gulf Craft yachts has enabled us to firmly establish ourselves in the global yacht manufacturing industry. Our commitment to delivering quality and cost effective yachts without compromising on features has served us well during these challenging economic times and will see Gulf Craft emerge from the financial downturn a stronger player in the global yacht industry than ever before,” said Mohammed Hussain Al Shaali, Chairman, Gulf Craft Inc.

The Majesty 121 has been designed to set a new standard for super yacht construction, from the immaculate exterior styling and the no-compromise naval engineering to the exquisite interior workmanship. Built under rigorous class inspection, the Majesty Super Yachts contain an extensive host of amenities and feature the latest high-tech entertainment facilities, to ensure unrivalled ocean-going luxury. Such has been the demand for the Majesty 121 that Gulf Craft has already delivered three Majesty 121 yachts since the model was first announced in 2008.

In addition to its Majesty Yacht line up, Gulf Craft will also showcase its Silver Craft range of sporty, fishing and family boats at this year’s DIBS.

Adding to its popular and cost-effective Oryx range, Gulf Craft is launching the Oryx 54 Fly at DIBS 2009, the largest fly-bridge version in its already popular sport cruiser range. The creation of its second line-up of yachts dedicated towards a young and trendy customer base is a reflection of the growing emergence of the sporting leisure marine market. With its distinctive orange color marking and its rather aggressive sporty looks, the Oryx Sport Yachts and Cruiser series has already carved itself an enthusiastic following and brand recognition in the GCC market.