ART Marine signs Dh240m deals at boat show

ART Marine, an Abraaj Capital company and the Middle East's largest importer and distributor of luxury motoryachts, signed deals worth Dh240 million at the recently-concluded Dubai International Boat Show, a record by a single exhibitor at this year’s event.

Contracted sales include a 54 metre Benetti, the largest superyacht sold at the show, and a 28 metre Azimut 95, plus six other boats and various other leisure marine products.

Constantinos Constantinou, ART Marine President and CEO, said: "These are strong results. The quality products represented by ART Marine, along with our reputation for providing the ultimate in customer service, have once again shown our unrivalled commitment to our clients. Azimut and Benetti are widely recognised as leading names in luxury in the yachting world, and our customers appreciate the level of innovation and sophistication they represent. Product launches from our other world-class brands of Grady White, Riviera and Four Winns, were received with equal enthusiasm. Last but not least, our Marine Products Division and our Marina Division celebrated their first participation at the show and attracting the keen interest of many show visitors."

Trixee Loh, SVP, Dubai World Trade Centre, organiser of the event, said the record-breaking sales are an excellent reflection of the highly positive attitude of both the buyers and exhibitors in the leisure marine industry. "We have seen a renewed energy and vigour among all participants at the show and the volume of business is indicative of the market’s strength and depth in the Middle East. The world’s leading leisure marine companies and brands from across five continents come to the Dubai International Boat Show, safe in the knowledge that the event is the ultimate sales channel where they will meet the serious, discerning buyers they are targeting. The venue is stunning, the boats are spectacular and the business opportunities are unrivalled."

ART Marine, the largest exhibitor at the Dubai International Boat show, and the region’s exclusive dealer for Benetti, Azimut, Atlantis and Riviera yachts, unveiled nine regional launches at the event from Azimut, Atlantis, Four Winns, Grady White. The Dubai Boat Show also marked the official launch of the company’s Marine Products Division.

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