Category: News
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Yachting Ventures to showcase emerging talent at Dubai Boat Show with return of Startup Zone
Yachting Ventures, the vehicle that has served as the launch pad for entrepreneurs in the leisure marine space, returns to the grand stage once more with the Startup Zone, the company has announced. The Zone, which launched at the event last year, gives emerging businesses the platform to network and gain visibility with industry professionals. …
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UAE’s Medasia Marine Delivers Largest Flexiteek Installation on 52m Yacht Al Manara
Medasia Marine, a UAE-based marine construction company, has completed what is believed to be the largest Flexiteek decking project onboard the 52-meter yacht villa, Al Manara. Flexiteek is a synthetic teak panel created by the eponymous British company, made from UV-stabilised high-quality composite materials. It has been frequently used in modern pleasure vessels in lieu…
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Kuwaiti Investment Firm Acquires 3 Percent Stake in Ferretti Group
Bader Nasser Al Kharafi, a Kuwaiti businessman, has announced the acquisition of a 3 percent stake in Italian superyacht builder Ferretti Group. The deal, done through his investment firm BNK Holdings, is part of a “broader strategic plan to build a global portfolio focused primarily on high-end assets and high-quality companies”. Al Kharafi assumes several…
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Dubai Marinas Rollout Biofuel Options For Yachts
Emaar Group, in collaboration with Lootah Biofuels, has launched a biofuel option for superyachts berthed at Dubai Marina and Creek Marina. This move aligns with the UAE’s Net-Zero goals for 2050. Vessels will be able to access the lower-carbon alternative at dedicated refuelling stations found at both marinas. The fuel, specifically designed for yachts, comes…
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Ferretti Group appoints AAA Marine as new UAE and Oman dealer
Italian shipbuilder Ferretti Group has inked a deal with AAA Marine, a merger between Al Otaiba Investment and RIC Holding, to become the authorized dealer of the brand in the UAE and Oman. The deal, signed at Emirates Palace in Abu Dhabi, will see AAA Marine as the regional representative of the shipyard’s core brands:…
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Saudi Red Sea Authority Launches Yacht Entry Platform “Ebhar”
The Saudi Red Sea Authority (SRSA) has announced a new platform for foreign-flagged yachts arriving in the Kingdom, Ebhar. The portal outlines the steps required for any vessel entering Saudi Arabia: first, registration on the Ebhar platform and selection of a licensed tourism agent. Following this, the agent will proceed with the issuance of a…
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M-Marinas Completes Portfolio-Enhancing Management Term with Palm Jumeirah and Dubai Island Marinas
M-Marinas by Porto Montenegro, a developer and operator for properties in the Mediterranean and the UAE, has announced the completion of its operational growth mandate with Nakheel, the Dubai-based master developer. The partnership, agreed upon in October 2023, saw the Marina Management Platform enhance the offerings of Nakheel’s waterfront developments. Palm Jumeirah, the 261-berth…
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Foreign Yachts Now Able to Move Between Abu Dhabi and Dubai Freely
In a move bridging two of the Gulf’s most established yacht markets, foreign-flagged vessels will be able to cruise between Abu Dhabi and Dubai restriction-free. The consolidated protocol, which goes into effect beginning January 2026, allows for a single sailing permit to be recognized by both Emirates, using an Inquiry System Application Programming Interface (API)…
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Gulf Craft Sets Opening Date for Superyacht Service Centre
UAE-builder Gulf Craft Group will be ringing in the new year with the launch of the Superyacht Service Centre (SYSC), a refit facility based in Ajman, UAE. INTERVIEW: A Talk With Gulf Craft CEO Erwin Bamps [July 2025 Newsletter] Taking to the stage at the 2025 SuperYacht Times Gulf Superyacht Summit in Abu Dhabi, Gulf…
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JLS Yachts Announced as UAE Golden Agent; Can Issue Cruising Permits in One Hour
Following a partnership with the Ministry of Energy and Infrastructure (MOEI), JLS Yacht, a superyacht service provider in the Middle East and Indian Ocean, has been announced as the golden agent for the UAE, allowing the agent to fast-track the issuing of 6-month cruising permits to foreign-flagged vessels coming to the UAE. “Instead of just…
