Dubai boat show to host yachts worth Dh1 billion

The boat show at Dubai International Marine Club-Mina Seyahi is open to trade visitors and the general public from 3pm to 9.30pm daily from during March 3-7, 2015.

By Abdul Basit (chief Reporter)

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Published: Tue 24 Feb 2015, 2:57 PM

Last updated: Thu 25 Jun 2015, 11:57 PM

File photo of boat show in Dubai. Photo: Rahul Gajjar/Khaleej Times
File photo of boat show in Dubai. Photo: Rahul Gajjar/Khaleej Times

1. UAE maritime industry is worth more than $61 billion

2. As many as 386 boats above 24m were built in 2014, up 8 per cent compared to 2013

3. The fleet of yachts in Dubai has doubled since 2009

4. Comar Yachts, which has produced more than 6,200 yachts to date, will relocate some of its production facilities from Italy to the UAE

5. Comar Yachts will also announce a major global launch at this year's Dubai International Boat Show

6. UAE's Gulf Craft is investing $100 million over the next five years to develop a state-of-the-art facility to build a shipyard

Dubai: The 23rd Dubai International Boat Show, starting next week, will have boats on display worth Dh1 billion, its organiser Dubai World Trade Centre (DWTC) announced during a news conference on Tuesday.

The UAE is set to build on its position as one of the world's leading international yacht manufacturing hubs as local manufacturers expand their operations, international developers relocate and the maritime industry expands with coastline developments, according to industry experts.

The UAE currently ranks ninth in the world for superyacht manufacturing, with 15 projects under development, according to the 2015 ShowBoats International Global Order Book. Local and international manufacturers are set to announce a slew of new projects for the UAE at the 23rd Dubai International Boat Show.

The boat show at Dubai International Marine Club-Mina Seyahi is open to trade visitors and the general public from 3pm to 9.30pm daily from during March 3-7, 2015.

Saeed Hareb, Vice President and Chairman, Dubai International Marine Club and Senior Advisor, Dubai International Boat Show, said: 'This year’s Dubai International Boat Show will reaffirm Dubai’s status as a leisure marine hub. As the water-based lifestyle becomes increasingly popular in Dubai, we will see this sector continue to expand and grow in the future. Dubai’s commitment to excellence in everything it does will drive the marine industry to achieve new heights and bring more visitors to the city.'

abdulbasit@khaleejtimes.com


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