Inaugurating the Event, Dr. Hamad Abdel Al Aziz al Kuwari, Minister of Culture and Chairman of Gulf Craft, Mohammed Hussein AlShaali

Leading yacht manufacturer sells two Majesty Yachts during three-day roadshow, its second exclusive display in the vibrant Qatari market

Dubai, UAE- 04 April, 2012- The Pear Qatar marina in Doha saw a procession of yacht-lovers for three days last month as the “Majesty Yachts Exclusive Preview” by Gulf Craft Inc. a global manufacturer of luxury yachts and fiberglass boats, ran to a great reception from Qatari customers from the 28^th to the 30^th of March.

Ministry of Culture Dr. Hamad Abed Al Aziz Al Kuwari with the Chairman of Gulf Craft Mohammed Hussain Al Shaali

The event, which saw the sale of two Majesty Yachts, was Gulf Craft’s second exclusive display in Qatar in as many years. The preview featured the Qatari premiere of a new Majesty 125 – Gulf Craft’s third-largest superyacht model – and a brand new Majesty 105, which has already garnered rave reviews at the recently concluded Dubai International Boat Show 2013. Also on display were other popular Gulf Craft models including the Majesty 63, the Majesty 70 and Majesty 77.

“We were delighted by the fantastic response to our Majesty Yacht range in Qatar. We sold two Majesty Yachts during the event, which is a result of the strong relationship we have with our clientele in Qatar – a country which has a traditional affinity for the sea and a culture of yachting,” said Mohamed Hussain AlShaali, Chairman of Gulf Craft. “In fact, the Qatari market has been making up nearly 20% of our revenues recently and our customers there appreciate the finer aspects of yacht-building. It is always a pleasure to showcase our range in Doha as customers not only appreciate sailing and cruising as a recreational activity, but also have a connoisseur’s eye for well-engineered yachts built to a high finishing standard.

The premiere of the Majesty 125 in Qatar

Speaking about the response to the preview and the Qatari market, Erwin Bamps, Chief Operating Officer for Gulf Craft, said: “It was heartening to see the level of interest in our Majesty Yachts range among Qataris, however, it was not a surprise. We are market leaders in Qatar and already have a large number of vessels of all dimensions berthed in Doha’s marinas – and this number increased further during the event with the sale of two Majesty Yachts. Our dealers in this market ensure that Gulf Craft’s Qatari customers get the best in terms of service and technical support. The ‘Majesty Yachts Exclusive Preview’ is our way of being close to our customers here and to show our commitment to the Qatari market.”   

Majesty Yachts Exclusive Preview

Notes for Editors:

Gulf Craft is a major manufacturer of luxury yachts and fiberglass boats, one of an elite circle of boat builders worldwide with the capability to produce composite superyachts of larger than 45m in overall length. Founded in the United Arab Emirates in 1982, Gulf Craft has built a distinguished reputation as a builder of a wide diversity of vessels, ranging from fishing and family boats to semi-customized luxury superyachts.

With an annual production capacity of around 500 craft and expertise built over three decades in the business, Gulf Craft has a presence in all boating markets globally through its Majesty Yachts, Oryx and Silvercraft brands. In addition, Gulf Craft has the capability to provide not only boat maintenance and re-fit services, but also advisory and assistance on all aspects of boat ownership, from design to mooring, registration, operation and trade-in.

www.gulfcraftinc.com

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Doha, Qatar, 28 March, 2013 – Gulf Craft returns to Doha with its second exclusive display of Superyachts and yachts for the Qatari market in as many years.

Majesty 125 Superyacht

The ‘Majesty Yachts Exclusive Preview’ event will dock at The Pearl Qatar from March 28^th to 30^th and will witness the Qatari premiere of a new Majesty 125 – Gulf Craft’s second-largest superyacht model, and a brand new Majesty 105 – a revolutionary superyacht model that received high praise for its excellent outdoor entertainment capabilities at the recently concluded Dubai International Boat Show 2013, and at last year’s Dubai edition where the model was launched.

The yacht line-up will also feature other popular Gulf Craft models including the Majesty 56, Majesty 63 and the Majesty 70.

Majesty 105

“Qatar is a market that is highly boating oriented and a booming one for Gulf Craft.  We have delivered a number of yachts and superyachts to Qatar in recent years, a development which has coincided with the number of new marinas that have come online in the country,” says Mohamed AlShaali, Chairman of Gulf Craft.

“There is a high interest in larger-sized yachts, to almost the same degree as in the UAE. We consider Qatar a home market and following the interest received at the Dubai Boat Show, we were keen to showcase some of our most popular models to the Qataris on their home turf,” he added. “We presented a similar showcase in late 2011 which was very positively met and indicated a very strong interest in what we bring to the market.”

Erwin Bamps, Chief Operating Officer, added: “The appetite for larger yachts in the Gulf market has progressed in line with Gulf Craft’s own inroads into the global superyacht industry. We have completed 7 superyachts above 30m in the past year alone, a significant slice of the international pie considering the global superyacht order deliveries in 2012 stood at only just over 200 yachts.”

He continued: “As the leader in the boat and yachting market in Qatar, we are strongly committed to this market and have strong dealer partnerships that ensure that our clients are fully supported in terms of technical support and maintenance.“

Qatar Majesty Yachts Preview, Press Conference, Qatar Majesty Yachts Preview, Mohamed AlShaali, Chairman, and Erwin Bamps, COO

 Visitors to the Majesty Yachts Exclusive Preview will be able to tour the superyachts on display from 4pm – 10pm, March 28^th-30^th, with a special “Ladies Only” viewing arranged for the morning of March 30^th from 10am – 3pm.

-ends-

Notes for Editors:

Gulf Craft is a major manufacturer of luxury yachts and fiberglass boats, one of an elite circle of boat builders worldwide with the capability to produce composite superyachts of larger than 45m in overall length. Founded in the United Arab Emirates in 1982, Gulf Craft has built a distinguished reputation as a builder of a wide diversity of vessels, ranging from fishing and family boats to semi-customized luxury superyachts.

With an annual production capacity of around 500 craft and expertise built over three decades in the business, Gulf Craft has a presence in all boating markets globally through its Majesty Yachts, Oryx and Silvercraft brands. In addition, Gulf Craft has the capability to provide not only boat maintenance and re-fit services, but also advisory and assistance on all aspects of boat ownership, from design to mooring, registration, operation and trade-in.

www.gulfcraftinc.com

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Gulf Craft at PIMEX 2013

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