Yacht builder eyes Dubai Canal boost

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UAE-based yacht builder Gulf Craft has an­nounced a mul­ti­mil­lion dirham ex­pan­sion to its ship­yard in order to build big­ger ‘mega-yachts’ to sail Dubai’s new wa­ter­ways. New de­vel­op­ments such as the Dubai Canal and am­bi­tious wa­ter­front projects in Busi­ness Bay, Jume­riah Beach Res­i­dence and Jumeirah Bay Is­land will see a grow­ing de­mand for yacht­ing and on-wa­ter liv­ing ex­pe­ri­ences, said Erwin Bamps, Chief Ex­ec­u­tive Of­fi­cer of Gulf Craft. He said: “These de­vel­op­ments will play a piv­otal role in es­tab­lish­ing the UAE as a global leisure ma­rine hub, and will in­spire a thriv­ing yacht­ing com­mu­nity in the coun­try. “Projects like Marasi Busi­ness Bay, the re­gion’s first pur­pose­built yacht­ing des­ti­na­tion, will give yacht own­ers more room to en­joy their craft in Dubai, and en­cour­age other as­pir­ing yacht own­ers to fol­low suit.” By Shoshana Ke­dem The Umm Al Quwain-based firm an­nounced in Septem­ber that it would start build­ing mega-yachts – ves­sels longer than 50 me­tres. Bamps added: “This ex­pan­sion will not only en­able us to boost our pro­duc­tion ca­pac­ity in terms of yacht size, but also in terms of qual­ity and ef­fi­ciency. “This is the year we evolve from a yacht and boat builder into a true ship builder. “We are also up­dat­ing the tech­nol­ogy and equip­ment that is needed to en­gi­neer such so­phis­ti­cated craft.” New ar­eas will be added to the ex­ist­ing Umm Al Quwain ship­yard, where Gulf Craft’s Majesty 155 yachts – a Dhs40 mil­lion ves­sel equipped with a foun­tain and swim­ming pools – are cur­rently built. A new ship­yard will also be built in Aj­man.

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