Gulf Craft Group

What Gulf Craft Group does

Gulf Craft Group is a UAE-based yacht and boat manufacturer founded in 1982, headquartered in Umm Al Quwain with shipyards in Umm Al Quwain, Ajman, and the Maldives. The company operates four distinct product brands: Majesty Yachts (luxury superyachts and motor yachts from 60ft to 175ft), Nomad Yachts (long-range explorer yachts for ocean cruising), Oryx Cruisers (family-oriented sport and cabin cruisers from 32ft to 47ft), and SilverCat (power catamarans from 34ft to 46ft). It also produces commercial passenger vessels through its Touring series and operates the Superyacht Service Centre (SYSC) in Ajman, which provides maintenance, refit, and repair services supported by a 600-ton travel lift.

The company's core manufacturing is anchored in composite-materials construction, advanced hull design (including twin-hull catamaran platforms), and the adoption of digital twin technologies for design optimization. It maintains ISO 9001 certification and holds multiple brand and corporate trademarks. The workforce is reported at over 4,800 spanning manufacturing, design, R&D, and service operations, with a dedicated R&D function led by an R&D Director with a Master's in Yacht Design from Politecnico di Milano.

Revenue is generated primarily through one-time sales of new vessels across the four brand portfolios, complemented by recurring after-sales service revenue through SYSC Ajman. Gulf Craft distributes through an authorized global dealer network of 20+ partners covering Europe, Asia-Pacific, the Middle East, and the Americas, supplemented by direct factory sales and regional sales managers. The customer base spans high-net-worth individuals, charter operators, marine tourism operators, and commercial/government marine transport customers. Pricing is not publicly disclosed; quotes are provided on a custom or model-specific basis. The company is privately held by the Al Shaali family, with no external parent, private equity backing, or public listing.

Name

Gulf Craft Group

Legal name

Gulf Craft Group

Website

https://gulfcraftgroup.com

Company type

Private

Founded year

1982

Operating status

Operating

Headcount range

251–500 employees

Short description

Gulf Craft Group is a UAE-based yacht and boat manufacturer founded in 1982 operating four brands (Majesty, Nomad, Oryx, SilverCat) plus commercial passenger vessels and an SYSC service center, serving HNW individuals, charter operators, and marine transport customers through a global dealer network.

Ownership category

akta.pro rank

Product category

Luxury Yacht Manufacturing

NAICS

Ship and Boat Building (3366), Ship Building and Repairing (336611), Boat Building (336612)

SIC

Ship & Boat Building & Repairing (3730)

akta.pro primary industry

Full-Custom Superyacht & Megayacht Manufacturing (IMAJAMAB)

akta.pro secondary industries

Luxury Catamaran (Power & Sail) Manufacturing (IMAJAMAF), Semi-Custom & Series Production Yacht Manufacturing (IMAJAEAM), Luxury Motor Yacht Manufacturing (IMAJAMAD), Luxury Yacht Systems Integration & Commissioning (Shipyard) (IMAJAMAI), Catamaran & Multihull Leisure Craft Manufacturing (IMAJAEAC)

Keywords

• Luxury yacht manufacturing
• Superyacht builders
• Power catamarans
• Marine vessel manufacturing
• Yacht after-sales services

Headquarters

HQ city

UAQ

HQ country

United Arab Emirates

HQ region

Middle East

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Infrastructure, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. New Vessel Manufacturing and Sales: Design, manufacture and sale of luxury yachts, superyachts, cabin cruisers, power catamarans, and commercial vessels. Revenue generated from initial vessel sales to owners.
2. After-Sales Service and Maintenance: Service, maintenance, and repair operations through Superyacht Service Centre (SYSC), providing ongoing support for yachts throughout their lifespan

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Gulf Craft Group designs, manufactures, and sells luxury motor yachts, superyachts, long-range explorer yachts, cabin cruisers, and power catamarans across four brands (Majesty, Nomad, Oryx, SilverCat) ranging from 32ft to 175ft. The company also produces commercial passenger vessels (Touring series) and operates the SYSC Superyacht Service Centre in Ajman for maintenance, refit, and after-sales support. Manufacturing is conducted across three shipyards in the UAE and the Maldives.

Product overview

Gulf Craft Group is a world-class yacht and boat manufacturer operating since 1982 with four harmonious brands: Majesty (luxury superyachts 60-175 feet for 'Life of Excellence'), Nomad (long-range explorer yachts for 'Life of Adventure'), Oryx (sport and cabin cruisers 32-47 feet for 'Fun and Family'), and SilverCat (innovative power catamarans for 'Your Ride Into The Future'). The portfolio spans motor yachts, superyachts, explorer vessels, cabin cruisers, and power catamarans, complemented by commercial passenger vessels (Touring series) and a dedicated superyacht service centre (SYSC Ajman). The company operates shipyards in Umm Al Qwain, Ajman, and the Maldives, with global dealer networks across Europe, Asia-Pacific, Middle East, and Americas.

Differentiator

Problem solved

Functional benefit

Brands

• Majesty Yachts: Luxury motor yachts and superyachts ranging from 60 to 175 feet, offering spacious layouts and class-leading comfort for owners seeking a Life of Excellence on the water.
• Nomad Yachts
• Oryx Cruisers
• SilverCat

Products and services

• Majesty Yachts Flagship luxury superyacht brand offering vessels from 60 to 175 feet featuring innovative design, superior navigation capabilities, and generous interiors for discerning owners worldwide.
• Nomad Yachts Long-range explorer yachts designed for ocean cruising and adventure, combining luxury with durability and innovation, offering exceptional autonomy and high stability.
• Oryx Cruisers Sport cruisers and cabin cruisers ranging from 32 to 47 feet combining elegant design with outstanding performance and maneuverability for family fun, fishing, diving, and flyboard activities.
• SilverCat Power Catamarans Innovative power catamaran brand featuring twin-hull technology with superior stability, efficiency, and sustainable materials, offering 34ft to 46ft vessels for cruising, sport fishing, and multi-purpose use.
• Touring 50 Passenger Vessel Next-generation passenger transport vessel for resort transfers and ferry operations, configurable with quad Honda 350HP engines offering high-capacity performance and operational redundancy for commercial use.
• Touring 32 Passenger Vessel Passenger vessel for inter-lagoon transfers and excursions, carrying up to 15 passengers with twin Yamaha 250HP engines, full safety compliance, ergonomic layout, and smooth ride characteristics.
• Majesty 100 Terrace Superyacht Majesty 100 Terrace superyacht featuring a private owner's terrace with 270-degree sea views, designed in collaboration with Phathom Studio, and recognised with the Outstanding Lifestyle Feature award at the BOAT Design & Innovation Awards 2026.
• Oryx 37LX Cross Cabin Cruiser Cross cabin cruiser from the Oryx range featuring a 1,135L fuel tank, 113L freshwater tank, teak flooring options, panoramic windows, and a convertible seating area that transforms to sleeping space.
• Nomad 101 Explorer Yacht 2026 model year Nomad explorer yacht previewed at the Qatar Boat Show 2025, designed for maximum comfort, reliability, and extended onboard living experience.
• SYSC Ajman Superyacht Service Centre Purpose-built superyacht maintenance and refit service with a 600-ton travel lift for yachts up to 60 metres, a 75-ton lift for smaller craft, deep-water berthing at 6 metres depth, and a service quay accommodating up to 8 yachts simultaneously.

Quantifiable outcome

• Ranked 13th globally for superyacht deliveries over 30 meters in 2025
• +1 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

16 partnerships are on record, tiered core and minor.

• MGM BoatscoreChannel Partner/ Reseller/ Distributor · 1 June 2026MGM Boats appointed as official Majesty dealer in Ireland, strengthening brand presence in key European market. With decades of experience in yacht sales, brokerage, and after-sales support, MGM Boats represents Majesty in Ireland.
• Sultan Al Salem & SonsminorChannel Partner/ Reseller/ Distributor · 1 June 2026Sultan Al Salem & Sons named SilverCat dealer in Kuwait, expanding brand distribution in the Kuwaiti market.
• Burton WatersminorChannel Partner/ Reseller/ Distributor · 1 May 2026Burton Waters takes on Majesty Yachts dealership across Southern UK, expanding brand presence in the United Kingdom.
• Horizon Boat SalesminorChannel Partner/ Reseller/ Distributor · 1 April 2026Horizon Boat Sales brings Majesty Yachts to Northern England and Scotland, expanding dealer coverage in the UK.
• Embarcaciones Del SuresteminorChannel Partner/ Reseller/ Distributor · 1 March 2026Embarcaciones Del Sureste appointed as SilverCat dealer in Mexico, based at Marina El Faro in Progreso, Yucatán, serving as gateway to wider Caribbean market.
• Smart OwncoreChannel Partner/ Reseller/ Distributor · 1 March 2026Long-time Gulf Craft dealer in Saudi Arabia that facilitated delivery of Touring 36 passenger vessels to Red Sea Global.
• Seastemia S.A.coreChannel Partner/ Reseller/ Distributor · 1 February 2026Seastemia S.A. appointed to represent Majesty and Nomad yachts across Luxembourg and Belgium, expanding Gulf Craft's presence in the heart of Europe.
• MoreYachtscoreChannel Partner/ Reseller/ Distributor · 1 February 2026MoreYachts appointed as exclusive Majesty dealer for Central and Adriatic Europe, providing comprehensive sales and after-sales services to clients across the region.
• Phathom StudiocoreStrategic or Co-development Partner · 1 February 2026Design partnership with Phathom Studio for Majesty 100 Terrace, developing the innovative private owner's terrace feature that won the Outstanding Lifestyle Feature award.
• MAG SubseacoreChannel Partner/ Reseller/ Distributor · 1 January 2026MAG Subsea appointed as official SilverCat dealer in Malaysia. Based in Malaysia, the partnership brings versatile power catamarans to Malaysian boaters with sales and after-sales support.
• Al Boom MarinecoreChannel Partner/ Reseller/ Distributor · 1 January 2026Long-standing SilverCat dealer in Kuwait, supporting brand presence at Kuwait Marine Show and serving Kuwaiti boaters.
• Williams Marine Water SportsminorChannel Partner/ Reseller/ Distributor · 1 January 2026Williams Marine Water Sports named SilverCat dealer for South Coast of England, expanding UK dealer network.
• Derani YachtscoreChannel Partner/ Reseller/ Distributor · 1 December 2025Derani Yachts represents Majesty, Nomad, and Oryx through official dealership in Thailand and Malaysia, supporting Gulf Craft's presence in Southeast Asia.
• VietYachtminorChannel Partner/ Reseller/ Distributor · 1 November 2025VietYacht appointed as strategic dealer for Nomad yachts in Vietnam, expanding Nomad's presence in the Vietnamese market.
• Cimolai TechnologycoreTechnology or Integration · 1 February 2025Strategic collaboration with Cimolai Technology for SYSC Superyacht Service Centre, providing heavy-lift capabilities including 600-ton travel lift for vessels up to 60 metres.
• Red Sea GlobalcoreOthersDelivery of two Touring 36 passenger vessels to Red Sea Global for Saudi Arabia's innovative regenerative tourism destination development spanning 28,000 square kilometers.

Scale indicators6 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Feadship: Dutch luxury superyacht builder producing fully-custom motor yachts typically 60-100m+. Direct competitor in custom superyacht segment against Gulf Craft's flagship Majesty 100 Terrace and Majesty 175 programs.
• Lürssen: German superyacht builder producing some of the world's largest fully-custom yachts. Competes with upper Majesty segment for UHNW owners seeking 100m+ bespoke builds though it serves a much higher price tier.
• Sunseeker International: British luxury motor yacht and superyacht builder competing in overlapping 50-130ft size range against Majesty. Strong European dealer footprint and overlapping dealer geographies make it one of the closest peer competitors.
• Ferretti Group: Italian luxury yacht manufacturer offering motor yachts and superyachts (Riva, Pershing, Ferretti Yachts, CRN, Custom Line) competing directly with Gulf Craft's Majesty line in the 60-175ft luxury motor and superyacht segment for HNW buyers globally.
• Princess Yachts: UK-based luxury motor yacht manufacturer serving HNW buyers with yachts overlapping Gulf Craft's 32-115ft range including Oryx and entry Majesty segments. Comparable build customisation model and global dealer distribution.
• Heesen Yachts: Dutch superyacht shipyard producing fully-custom motor yachts typically 50-70m+, competing with Gulf Craft's upper Majesty range and Nomad explorer positioning for custom-built, performance-oriented superyacht owners.
• Oceanco: Dutch custom superyacht builder producing 80-140m+ yachts competing in the same mega-yacht segment as Gulf Craft's Majesty 145 and Majesty 175 for UHNW owners seeking a fully-custom build.
• Sanlorenzo: Italian superyacht builder focused on semi-custom and fully-custom motor yachts in the 70-200ft+ range, directly overlapping with Gulf Craft's Majesty superyacht customer base and competing for the same UHNW owners at Monaco and Cannes shows.
• Azimut Benetti Group: World's largest private yacht builder with Azimut motor yachts and Benetti superyachts across overlapping size categories. Direct rival for Gulf Craft's Majesty Yachts premium buyers in Mediterranean and Asian markets.

Broad incumbents

• Beneteau Group: French boat manufacturer with broad portfolio spanning motor yachts, sailboats and catamarans (Lagoon catamarans) through multiple brands. Overlaps with Oryx, SilverCat and Nomad across multiple leisure segments while also serving entry-level markets Gulf Craft does not address.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Instagraminstagram.com/gulfcraftgroup
• LinkedInlinkedin.com/company/gulf-craft-group

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Gulf Craft Group