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Global superyachts market set for 7pc growthThe global market for superyachts is projected to display a robust growth represented by a compound annual growth rate (CAGR) of 7.26 per cent during 2017 – 2022, chiefly driven by rising number of ultra-wealthy clientele, according to a r More… |
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Millennials ‘prefer to use than own a superyacht’The next generation of UHNWIs (ultra high net worth individuals) will increasingly prioritize experience over possession, said a top official, adding they will still want the use of superyachts, but will be far less interested in owning the asse More… |
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Gulf Craft achieves $22m sales at Dubai boat showUAE-based Gulf Craft, a leading superyacht shipyards, has announced that it sold Dh80 million ($22 million) worth of luxury yachts and leisure boats across its range at this year’s Dubai International Boat Show (DIBS). The c More… |
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Gulf Craft displays new superyachts at Dubai eventUAE-based Gulf Craft showcased its latest innovations, including two luxury superyachts in its Majesty Yachts brand, and an oceangoing yacht from the Nomad Yachts series at the ongoing Dubai International Boat Show (DIBS), in Dubai, UAE. More… |
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Demand for larger superyachts 'growing'Larger yachts are doing well in the superyacht market with Middle East buyers leading the charge, according to leading players from the local and international yachting industry. Top superyacht industry players are taking part in the third More… |
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Top boat builders for first Saudi showSome of the biggest names in the world of superyachts, leisure boats and marine equipment will be presenting the latest models and products at the inaugural Saudi International Boat Show (SIBS). SIBS will be held from October 14 to 17 at A More… |
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Dubai boat show drawing record exhibitorsMore than 720 exhibitors from 50 countries will mark the 17th edition of the Dubai International Boat Show (DIBS), which has also attracted 19 superyachts from companies worldwide. Taking place at the Dubai International Marine Club from M More… |
