UAE yacht builder Gulf Craft debuted its flagship superyacht, the 47m Majesty 155 at the Cannes Yachting Festival yesterday.
The Majesty 155 celebrated its European unveiling on the first day of the show, which is considered to be Europe’s premier in-water boating event, welcoming approximately 50,000 visitors every year, and with nearly 600 boats on display.
She is not only the shipyard’s largest superyacht to date, but also the largest on display at the Cannes event.
With the latest Wealth Report by Knight Frank stating Europe to be home to the second largest population of Ultra High Net Worth Individuals, with a collective wealth of approximately USD $4.6 trillion, Gulf Craft’s CEO Erwin Bamps shared that he believes that the world’s rebound from economic hardship is encouraging smart buyers to recognise that now is the time to invest.
He said, “Europeans have always been intrigued by the idea of venturing out to sea. However, today, ‘value’ has become the mantra of the market – customers want to know if you can give them more for their investment.
“A shipyard’s credibility in the eyes of a prospective owner no longer relies solely on the builder’s positive track record, but also on its ability to deliver value for money. I believe our commitment to do this without compromising on quality, and while simultaneously creating bespoke experiences for our customers, is what drives our business to succeed in the most difficult of times. It is also what propels our achievements during economic prosperity.”
Earlier this year, the Majesty 155 won the coveted CEDIA Award for ‘Best Yacht Installation’ for her on-board entertainment technology. A second order was received at the shipyard for the Majesty 155 in late 2014, which it is aiming to deliver by next year.
Showcased beside the 155 at the show is Gulf Craft’s newest tri-deck motor yacht, the Majesty 110, which is also celebrating its European debut, offering three-decks of expansive, semi-customisable space.
Gulf Craft is currently at stand number SYE-232 at the Cannes Yachting Festival, which takes place at Vieux Port from 6th to 11th September 2016.
For more information, visit Gulf Craft, or search new construction shipyards on Yachtingpages.com.
Yachting Pages has put several of the leading safety cases (and other associated products) to the test. The objective: to ascertain how each product performs and determine which one is best equipped to safely contain a lithium battery-induced fire.
In the realm of maritime luxury, the quest to offer yacht charter guests the perfect night's sleep has become an art form, one which luxury bed and linen supplier, CC Design, has fully committed to.
A jacket completes any crew member's uniform so it's an important garment to get right. In this Tried & Tested, Sea Design pits eight popular jackets against one another to determine which one is best for superyacht crew in 2023.
In a milestone for luxury yacht enthusiasts, Project 1012, Feadship's 91.8m Hybrid Electric endeavour, has emerged from ...
Port Tarraco, a hub for maritime activities and trade, has taken a significant leap towards environmental sustainability...
Search our industry-leading directory for over 20,000 superyacht suppliers, providers and marinas.
Search now
Google