Accounting for 40% of the leisure craft market share in Qatar, Bamps
expects Gulf Craft's presence to grow further.
The appointment comes after a meeting of the Board that recognized Bamps
sterling contribution to growing the company s international scale and presence.
admitted that the largest vessel his firm sells comes with a $6 million price tag.
Reaching the South Pacific is a testament that our vessels can go anywhere." Bamps
"We will be adding new areas to expand the size of the Umm Al Quwain shipyard by 20 per cent to build mega yachts of more than 50 metres in size," said Bamps
However, according to Erwin Bamps
, CEO of Majesty, while "numbers in sales decreased, the demand for higher specs went up".
said, The signing of this agreement demonstrates the high level of confidence we have in Marvair as a solutions provider with an excellent track record in the highly specialized marine air-conditioning business.
said that his dealings with the jet set had taught him that the perceived glitz and glamor of luxury hotels was waning among ultra-high net worth individuals, adding he had observed a shift towards more personalized vacations, such as chartering superyachts to explore the region's coastlines.
, chief executive officer, Gulf Craft, said: "The magnificent Majesty 155 merges powerful engineering and exceptional comfort and craftsmanship."
"The market for luxury products is not dissolving, but evolving," says Erwin Bamps
, CEO of Gulf Craft, one of the world's leading superyacht shipyards.
WILLIAMS Meyrick Rhys Peacefully on March 19 at Royal Glamorgan Hospital, Llantrisant, Rhys of Llwyna Farm; beloved husband of the late Jean, dearly loved father of Andrew, Jayne and Lynne, a loving Bamps
of Gemma and Laura and brother of the late Anne.
In addition to creating pioneering products that fulfill new demands and market needs in the ever-evolving yacht and boating industry, we are committed to uncovering ways to improve our customers' journeys through our existing offerings," said Erwin Bamps
, CEO of Gulf Craft.