Please select your home edition
Edition
Harken and Fosters -  Harken banner

2014 Dubai International Boat Show - forecast for strong sales

by Jeni Bone on 5 Mar 2014
Dubai International Boat Show Dubai International Boat Show
Dubai International Boat Show is considered the largest, most established event of its kind in the region. As one of the fastest growing leisure marine industry exhibitions in the world, the 22nd edition of the event will be a classic showcase of yachts, supercars, equipment and supplies from both local and international builders together with the latest innovations in marine industry.

This year's show will bring together 750 brands, with 42 global and regional premiers, according to the organisers, DWTC. It will also feature 16 UAE-based boat builders.

'Because of the buoyant sentiment and very high consumer confidence in the region, especially in the UAE, the show has grown by a strong 20 per cent' said Trixie LohMirmand, senior vice president of Dubai World Trade Centre (DWTC).
Around 30 per cent of the participating companies will come from the Gulf Cooperation Council (GCC) countries and 70 per cent come from across the globe, the organisers said in a statement.

The event is expected to attract 26,000 visitors from 70 countries, of which 55 per cent are likely to come from the GCC.
The show will display 430 boats, valued at Dh1.8 billion, including 19 superyachts.

One of the highlights of this year’s boat show, now in its 22nd year, is the superyacht Nirvana, which at 88.5 metres long is the largest yacht ever to appear at the event.

Dubai Maritime City Authority (DMCA) will offer marine craft licensing services at the show.


The growth in waterfront developments have helped increase demand for small and medium-sized boats, according to Erwin Bamps, COO of UAE-based boat manufacturer Gulf Craft, adding that demand for superyachts in the region has always been strong.

The maritime sector in Dubai contributes Dh14.4 billion to the emirate’s GDP, according to the organisers, sourcing DMCA data. Visitors at the show can expect live entertainment, food and beverages, and can enter competitions to win prizes.
The show will feature a diving pool at the Dive Middle East Exhibition (DMEX) and a range of maritime activities at the Heritage Village.

'So far as being here this week with Nirvana, it is a good place for us to sell the yacht,' said Nick Edmiston, the Monte Carlo-based broker selling the boat, which has a price tag of €3.2 million (Dh16.1m). 'There is a whole hub of wealth here in Dubai.'

The UAE economy grew at a rate of 4 per cent last year and house prices across the nation advanced more than 30 per cent. Consumer confidence reached a record high in June, with sentiment levels at 94.7, according to a MasterCard Survey.

More at www.boatshowdubai.com

Southern Spars - 100Hamilton Island LuxuryEnsign 660

Related Articles

Spinlock to showcase award-winning products to commercial marine indus
Spinlock is set to showcase two new products at SMM as they expand on their market share in the commercial marine sector Spinlock is set to showcase two new products at SMM, the world's leading trade fair for the maritime industry, as they expand on their market share in the commercial marine sector.
Posted on 24 Aug
Post Brexit - New orders for Oyster Yachts
Oyster Yachts announced that confidence seems to be increasing post Brexit and to confirm that we have signed contracts Oyster Yachts are delighted to announce that confidence seems to be increasing post Brexit and to confirm that we have signed contracts for the new build of the ninth Oyster 885; the 42nd Oyster 575, and the 20th Oyster 625.
Posted on 24 Aug
US Division of Aqualuma® merges with Tides Marine
Aqualuma has perfected the art form of underwater lighting and the LEDs are lights of choice for leading manufacturers. Since 2004, Aqualuma has perfected the art form of underwater lighting and the company’s LEDs are the lights of choice for many of the world’s leading boat manufacturers. A Tides Marine subsidiary, Tides Marine International, is the European distributor for the Aqualuma product range.
Posted on 23 Aug
CruiseCraft releases R Series Bow Riders
Following a five year hiatus, CruiseCraft has reentered the bow-rider market with launch of stylish CruiseCraft R Series Following a five year hiatus, CruiseCraft has reentered the bow-rider market with the launch of the stylish CruiseCraft R Series, two new Aussie built bow rider models. The CruiseCraft R55 and the CruiseCraft R6 breathe revitalised life into the Australian family boating market.
Posted on 23 Aug
Streaker launches new website
Streaker Boats Australia has gone live with new website, showcasing their full range of family oriented fibreglass boats Streaker Boats Australia has gone live with their new website, showcasing their full range of family oriented fibreglass boats. The new website contains all the usual technical data from the manufacturer, together with information on the dealer network.
Posted on 23 Aug
Elliot Brown watch survives circumnavigation on Clipper Race yacht
Elliot Brown watch was attached to the mast of the Da Nang – Viet Nam yacht entry, and is still in full working order The watch has survived punishing storms, hurricane force-winds, massive waves, extreme heat, shocks including a yacht knockdown, vibration, freezing cold temperatures and corrosive saltwater.
Posted on 22 Aug
New stainless bathing ladder with pop-up handles
Gineico Marine used the recent Sydney International Boat show to release new 316 Stainless telescopic bathing ladder Gineico Marine used the recent Sydney International Boat show to release the new 316 Stainless telescopic bathing ladder, with clever pop-up handles!
Posted on 22 Aug
Brisbane Boat Show delivers optimism for a good summer
Visitors arrived in force to the Brisbane Boat Show held at the Brisbane Convention and Exhibition Centre at South Bank. The city venue was one of several key changes made this year to revitalise an event with a history dating 56 years. On top of this, the show was delivered by the national Boating Industry Association, it was moved to a new date away from Fathers’ Day, and reduced to three days.
Posted on 21 Aug
A sporting future for the Broadwater
More than 70 industry, community and business leaders, stakeholders and media met last week at Southport Yacht Club More than 70 industry, community and business leaders, stakeholders and media met at the start of August at Southport Yacht Club on Queensland’s Gold Coast to discuss the topic “Unlocking the potential of the Broadwater through Sport”. Hosted by Sports Gold Coast, the non-profit organisation funded by its local business members to foster and grow pathways from grass roots to elite level.
Posted on 20 Aug
Latest hardware developments at Spinlock
A high load organiser and diverter, the TSR range offers reduced size and weight coupled with sheave spacing flexibility TSR High Load Organisers are popular with both performance yachts and OEM, with recent applications found on the TP52, Fast 40 and Swan 115. A true high load organiser and diverter, the TSR range offers reduced size and weight coupled with sheave spacing flexibility.
Posted on 19 Aug