UAE-based Gulf Craft (GC) is expanding its building capacity up to 50m (164ft). At GC’s Umm Al-Qwain superyacht facility, a new berth is being developed and the company will shortly take delivery of a new 500-tonne travel lift from Italy for which the piers are being constructed. The new berth should be ready within three months.
“We have received a number of enquiries from clients for larger yachts so we decided to develop the new building slip,” Erwin Bamps, GC’s chief operating officer, told SBN. “We are also in the process of developing designs for larger yachts up to 164ft which will be launched in the future. We will build up to 50m in composite.”
Currently the largest yacht that Gulf Craft builds is 41m (135ft), the first of which will be delivered to a Middle Eastern owner later this year. GC markets three brands of which its Majesty brand, running from 13m (44ft) upwards, includes its superyacht products. Also in build at present are two 37m (121ft) yachts and two 38m (125ft) yachts. Its future orders include another two 41m (135ft) craft.
With its two smaller craft Silver and Oryx ranges, GC builds yachts from 6m-41m (20ft-135ft), all semi-custom.
Gulf Craft, which was set up in 1982, has four yacht manufacturing plants, including one in the Maldives and three service centres. The company makes many of its parts in house, which on the one hand keeps costs down but also accounts for the 1,400-strong workforce. This has increased by 130 in recent months and is still rising. However, business increased in 2010 by 40 per cent.