Yacht industry transformed due to financial crisis

Speaking at the annual Gulf Boating Conference at this year’s Dubai International Boat Show, Gulf CraftGulf CraftLoading… COO, Erwin Bamps highlighted the defining changes that the yacht industry has undergone in the last two years and the challenges facing yacht manufacturers in the next 12 months.
« The global yacht industry has undergone fundamental changes in terms of product demand and customer behaviour. As the region’s largest and internationally renowned fiberglass boat manufacturer, we have witnessed a transformation of the industry Read the rest of this entry »
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Dubai has more to offer than the Carribean because of its modern marina facilities

The global and regional leisure marine market is recovering slowly but surely, industry sources say.
« The à¼ber-luxury segment was never hit as there were no cancellations of orders for superyachts, » Chrisopher Behne, Managing Partner of BehneMar, told Emirates Business. « However the mid-segment, which was hit globally, is now recovering. We have seen a lot of interest since January this year. » Behne is one of the exhibitors at the Dubai International Boat Show (Dibs), that starts on March 9. Read the rest of this entry »
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Gulf Craft unveiled the secret behind the company’s international success and regional dominance at the eagerly awaited ‘Pocket MBA’ programme hosted by the Hult International Business School, which took place between 8-9 December 2009 in Dubai.

Erwin Bamps, COO of Gulf CraftGulf Craft, addressed a group of distinguished professionals from a cross-section of disciplines at the innovative business seminar on the over-arching topic of, ‘Challenges in the manufacturing sector’. The lecture also highlighted the necessity for the recruitment and retention of qualified personnel in today’s increasingly challenging commercial environment. Read the rest of this entry »
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