Wednesday 5 February 2014

Dubai International Boat Show will have 12 per cent increased participation

30 large luxury boats exceeding 21m will be exhibited in the Dubai International Boat Show. 19 superyachts and the largest boat in the history of the show along with 430 boats other boats in both land and water can be seen in the event.

The event will run from March 4-8 and is the 22nd Dubai International Boat Show, the MENA luxury yacht platform at the Dubai International Marine Club, Mina Seyahi. The show will exhibit 840 companies and brands. There will be a 12% increase over 2013 and only shows Dubai’s success as a n international luxury maritime market and the consumer confidence across the GCC.

Chief operating officer, Gulfcraft, the UAE-based manufacturer of boats and yachts, Erwin Bamps felt that it was a great place for yacht enthusiasts to visit, there is a vision for the UAE’s superyacht building industry that it will, slowly but surely, increase its output until it is one of the very top manufacturing bases for luxury yachts anywhere in the world. At this point, the UAE’s shipbuilding growth appears really unstoppable.

CEO, Art Marine, Gregor Stinner added that the time for leisure boating companies to show their colours has come and as we see an upswing in the market and a resurgence of quality buyers looking to purchase boats upwards of 40 metres and the new boat market increasing particularly swiftly. There is an expectation to capture at least 10-15 per cent of the market this year and the Dubai International Boat Show is the region’s premier platform to develop business opportunities for business – it remains the most important event on the yearly calendar.

Participation from more than 50 countries is expected in this year with four dedicated country pavilions Australia, Italy, the US and Turkey. The US has confirmed a 35 per cent increase in participation and this only consolidates an interest in the prospective Middle East markets.

Drawing more than 26,000 visitors from over 70 different countries, including 5,000 VIPs and key buyers, Bahrain, Kuwait, Qatar and Saudi Arabia and the UAE will join the thousands of visitors from Africa, Asia and China while strong visitor footfall from Europe.

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