Category: News
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NEOM Announces Sindalah Yacht Club, Designed By Stefano Ricci
October 1st, 2024 – Saudi Arabia’s luxury development NEOM announced an upcoming yacht club for superyacht destination SINDALAH. Sindalah Yacht Club, with designs penned by Italian designer Stefano Ricci, spans 1,800 square meters and will also feature a lounge and an exclusive fine-dining experience curated by Chef Enrico Bartolini. Management of Sindalah Yacht Club will be…
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Saudi Red Sea Authority and ICOMIA Form Partnership to Boost Superyacht Tourism in the Red Sea
September 26 2024 – The Saudi Red Sea Authority (SRSA) and The International Council of Marine Industry Associations (ICOMIA) have agreed on a new strategic alliance in an effort to boost the region’s coastal tourism sector. Through the newly formed partnership, ICOMIA plans to work toward this goal with SRSA by establishing connections with the…
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BWA Yachting Announce Expansion to Saudi Arabia
Superyacht services agency BWA Yachting is expanding over to the other side of the Red Sea. The global agency announced it will be operating in the Kingdom of Saudi Arabia, in partnership with Faisal M. Higgi & Associates Co. Ltd, a port agency specializing in cargo handling, customs clearance, and port agency services. BWA’s offices…
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MarineMax Appoints Steven English as Chief Executive Officer of IGY Marinas
September 17th, 2024 – IGY Marinas, a subsidiary of superyacht services company MarineMax, appointed Steven English as Chief Executive Officer. English joined IGY in 2007 as Executive Vice President overseeing dispositions and joint ventures in marinas across Europe and the Middle East, before transitioning to the role of Executive Vice President when IGY was acquired…
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Egypt and Saudi Arabia Officials Meet to Promote Red Sea Tourism
Officials from Egypt and Saudi Arabia met to discuss efforts to promote maritime tourism and collaborate on projects in the Red Sea.
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Azimut-Benetti 2024 Fiscal Results Announced
Azimut-Benetti Group took advantage of the Cannes Yachting Festival in Cannes France to announce the results of the shipyard’s 2023-2024 fiscal year results. The group disclosed revenue for the year going up by 55%, during a four year period, increasing to €1.3 billion, compared to €840 million in the 2020-2021 fiscal year. CEO Marc Valle…
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Luxury Destination AMAALA Moving Forward After $6bn Contract Is Awarded
September 09 2024 – Saudi Arabian Developer Red Sea Global is moving forward with luxury-development AMAALA after 600 contracts totaling $6.13bn were awarded to date to various partners including Al Rawabi Hassan Allam, Shapoorji Pallonji Group, DEPA Group, Alec Engineering and Contracting, Havelock One and AL-AYUNI Investment and Contracting Company. Part of Saudi Arabia’s 2030…
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Al Mouj Marina Awarded “Superyacht Ready” Accreditation by TYHA
September 08 2024 – Al Mouj Marina is ready to become Oman’s leading superport after receiving a superyacht-ready accreditation from The Yacht Harbour Association. “Al Mouj have completed the TYHA Superyacht Ready Self-Assessment and comply with the criteria to accredit them as a fantastic 5 Gold Anchor, Clean Marina and TYHA Superyacht Ready Marina. A…
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Red Sea Authority Issues First Regulations for Saudi Yachts
September 06 2024 – The Saudi Red Sea Authority has announced new regulations for yacht cruising in the Red Sea. The regulations lay out the fundamental requirements and conditions for using yachts in the Red Sea, from requirements for safe access from marinas to yachts, conditions for obtaining a technical license, conditions for safe use…
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Heesen Yachts Appoints New Middle East Agent Hisham Abushakra
04 September 2024 – Coming off the heels of appointing new COO Ruud van der Stroom, Dutch builder Heesen Yachts announced the appointment of Hisham Abushakra as new Middle East Region market agent. Effective from September 1st, this move recognizes the role of the Middle East as a global player in the superyacht industry. “The…
