Tag: UAE
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Jan De Nul Dredging Awarded $221 million Contract for Palm Jebel Ali Marine Works
Nakheel, a member of Dubai’s real estate arm, has awarded Jan De Nul Dredging LTD. with a $221 million marine works contract for ultra-luxury development Palm Jebel Ali. In the next two years, the group will be overseeing dredging, land reclamation, beach profiling, and sand placement, with the first of eight fonds expected to be…
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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.
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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…
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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.
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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…
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Interview – Phathom Studio
As soon as the 34.l-meter Majesty 111 made her debut in 2023, she was met with wide acclaim by industry veterans and enthusiasts alike. This adulation is chiefly attributed to a new design team reimagining the direction of the Majesty 111, Phathom Studio. The Majesty line, the flagship series of UAE-based builder Gulf Craft, are…
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Dubai International Boat Show signs long-term deal with current venue Dubai Harbour
The Dubai International Boat Show (DIBS) will continue its existing relationship with Dubai Harbour following the successful 30th edition of the show. DIBS, a staple of the Middle Eastern maritime calendar, has been residing in Dubai Harbour since its return in 2022. The partnership finds an agreement to invest in more infrastructure to serve future…
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The new UAE Maritime Code allows any foreign entity to fly the UAE flag, will its absence from the Paris White List prove to be a detriment?
For owners in the early stages of owning a yacht, the choice of flag serves as the most crucial decision to make, as it will have a direct effect on every aspect of ownership from tax, privacy, functionality, and exposure to liability. On March 24th, the UAE will promulgate its 2023 Maritime Law Code. The…
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The Environmental Landscape of the Superyacht Sector in The Middle East
In recent years, The Middle East has been gearing towards establishing itself as a superyacht destination that would welcome owners worldwide to extend their peregrinations to the region, a prospect that is particularly appealing during the winter time but offered all year round. Developments ranging from the United Arab Emirates’ world-class Harbour and Mina Rashed…
