With the luxury leisure marine market surging ahead, in tandem with soaring regional consumer confidence, in the Middle East the DubaiInternational Boat Show has confirmed that 30 of boats on the water during the show will exceed 21 metres.
Of these 19 are being described as superyachts, including the largest boat in the history of the show as yet still unidentified.
In total there will be on display more than 430 boats on land and water.
The 22nd Dubai International Boat Show, the MENA’s leading luxury yacht platform, runs from 4-8 March at Dubai International Marine Club, Mina Seyahi and will feature 840 exhibiting companies and brands – a 12% increase over 2013.
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| Photo: Gulf News |
With the International Monetary Fund (IMF) having recently increased its forecast economic growth for the GCC to 4.4% in 2014, an increase in new boat project builds will be a solid contributor to the region’s steadily growing leisure marine market.
Erwin Bamps, COO of Gulfcraft said: “More than simply a great place for yacht enthusiasts to visit, there is a vision for the UAE’s superyacht building industry that it will, slowly but surely, increase its output until it is one of the very top manufacturing bases for luxury yachts anywhere in the world. At this point, the UAE’s shipbuilding growth appears really unstoppable.”
More than 50 countries are represented by Dubai International Boat Show exhibitors this year, as well as four dedicated country pavilions from Australia, Italy, USA and Turkey, with the USA confirming an impressive 35% increase in companies, highlighting global interest and investment in the lucrative Middle East market.
The show is also expected to draw more than 26,000 visitors from over 70 different countries, including 5,000 VIPs and key buyers. Regional royalty and top buyers from Bahrain, Kuwait, Qatar and Saudi Arabia and the UAE will join the thousands of visitors from Africa, Asia and China while strong visitor footfall from Europe and America is also expected.
New to this year’s show is the On Water VIP Experience, a high-end on-board superyacht catering service for VIP guests. Exclusive parties and networking events will be held throughout the show to facilitate relationship-building for regional and international buyers and exhibitors.
The Superyacht Experience, which falls under the umbrella of SYBAss (Superyacht Builders Association), has 10 members confirmed to date.
Here visitors will have the opportunity to network with:
- Amels
- Azimut-Benetti
- CRN
- Fincantieri
- Heesen
- Lurssen
- Mondo Marine
- Oceanco
- San Lorenzo
- Trinity
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