This year's Dubai International Boat Show (DIBS) will feature a number of superyacht builders in the newly created Superyacht Avenue. Exhibitors include SYBAss members Amels, Baglietto, Benetti, CRN, Fincantieri Yachts, Lürssen, Feadship, Oceanco, Sanlorenzo and Heesen.
DIBS 2018, which is organised by Dubai World Trade Centre (DWTC), will be held from February 27 to March 3 at a new location on the shores of the Dubai Canal Jumeirah.
Rose Damen, Amels commercial director and third generation family shareholder of Damen Shipyards Group, says: “We’re delighted to be taking part in the Dubai International Boat Show for another year with our yachting brands Amels and Damen. As a group, we have been active in the Middle East for 40 years and the region remains one of our most important markets. DIBS has been a key event in our calendar for the last 14 years, which emphasises our commitment to the UAE.”
The largest superyacht project in the Emirates is the Majesty 175 by local builder Majesty Yachts, a division of Gulf Craft. One of the biggest exhibitors at DIBS, the UAE-based manufacturer of luxury boats and yachts will be bringing a selection of its yachts to this year’s event.
“The market for superyachts has been sustained by events such as the Dubai International Boat Show, which has helped to introduce buyers to manufacturers," says Gulf Craft CEO Erwin Bamps. "The market has continued to perform well because of events such as this, where companies such as Gulf Craft can showcase their products to prospective customers.”
Theo Hooning, secretary general of SYBAss, says: “The Middle East is a key marketplace for superyachts, with 205 high-end vessels over 40m in length registered in the region. This figure, which accounts for 13% of the total global fleet of 40m-plus yachts, is expected to grow in the future, reflecting the region’s high propensity to buy yachts worldwide.”
Trixie LohMirmand, senior VP of exhibitions and events management at DWTC, said: “The latest industry figures paint a very positive outlook for the superyacht and medium-sized vessel market, both regionally and globally. This is great news for the companies who each year attend the Dubai International Boat Show and for the event itself."
According to Boat International’s Global Order Book, the UAE ranks ninth in the world in terms of length of yacht projects in build with 14 projects underway. The total length of projects in build in the UAE is 611m.
"The figures show just how important the region is to the world’s superyacht industry, and how important Dubai International Boat Show has become as a platform for the world’s best companies to showcase their products and skills to an active and engaging customer base," LohMirmand adds.