The Business of Middle East Superyachting

Category: News

  • Gulf Craft & Dubai Maritime Authority Announce Strategic Partnership

    Gulf Craft & Dubai Maritime Authority Announce Strategic Partnership

    News – Gulf Craft & Dubai Maritime Authority Announce Strategic Partnership On Tuesday, August 13th, UAE-based shipyard Gulf Craft announced the signing of a new strategic partnership with the Dubai Maritime Authority at the Ports, Customs, and Free Zone Corporation to facilitate smoother procedures for maritime vessel registration and licensing for Gulf Craft clientele. Through…

  • Red Sea Global provides progress update on Triple Bay Marina 

    Red Sea Global provides progress update on Triple Bay Marina 

    Red Sea Global has provided a progress update on ultra-luxury development AMAALA. Part of Saudi Arabia’s 2030 vision, Amaala is an ultra-luxury development situated along the north-western coast of the Kingdom. It will span more than 4,000 square meters, coming in 2025. Inside Amaala is the Triple Bay Yacht Club. With over four levels in the 7,900…

  • Felix Maritime Agency, Alicante’s Yacht Club, and Marassi Marina Yacht Club sign agreement at EIBS

    Felix Maritime Agency, Alicante’s Yacht Club, and Marassi Marina Yacht Club sign agreement at EIBS

    Egypt’s first boat show in 13 years comes out with new agreement, deal and news.

  • West Nautical Open First Office in the UAE

    West Nautical Open First Office in the UAE

    Occasioned by the growth of Dubai’s superyacht sector, Superyacht specialist service company West Nautical opened its first office in the UAE, in Dubai’s Business Bay. West Nautical offers complete superyacht services, including sales, crew, management, and charter services. The UK-based company also holds an office in Limassol, Cyprus.

  • Jeddah Yacht Club and Marina launches membership club

    Jeddah Yacht Club and Marina launches membership club

    Known as Saudi Arabia’s first west coast marina, Jeddah Yacht Club & Marina has grown into an exclusive destination. The marina opened its doors in March 2022 and is officially recognized as an entry point to the Kingdom of Saudi Arabia. In June 2024, the Jeddah Yacht Club was officially launched, offering exclusive perks for…

  • Al Seer Marine appoints Gunther Alvarado as new Deputy Chief Executive Officer

    Al Seer Marine appoints Gunther Alvarado as new Deputy Chief Executive Officer

    Marine equipment and supplies company Al Seer Marine has appointed Gunther Alvarado as new Deputy Chief Executive Officer. Spending over 10 years with the company, Alvarado assumed a variety of roles, starting as a Technical Manager, moving to the Head of Yacht Management and Operations and Chief Operating Officer thereafter. According to a press release…

  • Suez Canal Authority Announce Reduction of Transit Fees

    Suez Canal Authority Announce Reduction of Transit Fees

    The Suez Canal Authority (SCA) introduced a new 50% reduction of transit fees for any vessel under 300 tons passing the canal. The scheme will run from July 1st – October 1st and aligns with the upcoming Egypt International Boat Show, taking from July 11-14 on Egypt’s north coast at Marassi Bay Marina. 

  • D-Marin announces new marine;  Port De La Mer

    D-Marin announces new marine;  Port De La Mer

    Marina chain D-Marin announces a new addition to its roster of world-class marinas. Port De Le Mer Marina is set for a September 2024 launch and will be located on the coast of La Mer’s north peninsula. Port De La Mer marks D-Marin’s fifth marina in the UAE.

  • Business Bay Marina undergoes rebranding; now known as Marasi Bay Marina

    Business Bay Marina undergoes rebranding; now known as Marasi Bay Marina

    In September 2023, Gulf-based real estate development group OMNIYAT announced the acquisition of Business Bay Marina. The marina was previously owned by marina management company D-Marin, who will continue to oversee its day-to-day operations.  The marina is now known as Marasi Bay Marina. Marasi Bay accommodates 157 berths for vessels up to 35 meters in…

  • Egypt International Boat Show Announced for July 11-14 2024

    Egypt International Boat Show Announced for July 11-14 2024

    After a 13-year hiatus, the 6th edition of the Egypt International Boat Show was announced for July 11-14, 2024. The event will take place at Marassi Marina Yacht Club, located on Egypt’s North Coast. The show plans to display luxury yachts and motorboats, along with water sports equipment and accessories. Exhibitors include UAE-based builder Gulf…