UAE-based Gulf Craft, a leading superyacht shipyards, said that it is participating at the ongoing Singapore Yacht Show.

The event which kicked off today (April 7), will run till April 10, at One°15 Marina Club, Sentosa Cove, Singapore.

An annual exhibitor at the show since the event’s inception six years ago, Gulf Craft’s yearly participation is part of its determination to fulfill the growing regional demand for leisure cruising, which, according to the shipyard’s CEO Erwin Bamps.

Figures from The Boston Consulting Group’s report titled ‘Global Wealth 2015: Winning the Growth Game’, revealed that the Asia-Pacific is the fastest growing region in terms of private wealth, with 15 per cent year-on-year growth and a total private wealth of $33 trillion.

This significant growth is expected to continue, according to the report, with a projected $55 trillion in private wealth in 2019 – accounting for just above one-quarter (26 per cent) of the world’s financial wealth, surpassing Western Europe (a projected $49 trillion), and closing in on North America (a projected $62 trillion).

Bamps said: “Strategically located in the heart of South East Asia and in the economic hub of the region, the show serves as the ideal networking platform to connect with customers, both existing and new.”

“More than ever-before, South East Asians are not merely looking for a boat that will take them from point A to point B – they are yearning for a memorable journey that allows them to truly maximise their on-water experience, while also sharing it with friends and family. They want to spend more time cruising, and they want to do so comfortably – so the focus has shifted from the destination to the quality of time spent on board,” he added.

Serving this growing appetite for long-range, comfortable cruising is Gulf Craft’s oceangoing and long range Nomad Yachts series, allowing those who revel in the idea of extended sea travel to explore the region’s countless islands, or take their journey a step further and cruise to the corners of the globe, said the statement.

Following last year’s success, the company’s first hybrid semi-displacement yacht, the Nomad 65, will be making its return to the show. Engineered using the most sophisticated technology, this oceangoing yacht combines on board luxury with deep sea performance, enabling owners to take the five-star loft experience into the midst of the world’s oceans. With white oak parquet flooring, marble counter tops, cozy soft furnishings, and sofas crafted from high-end leather, it stated.

Gulf Craft will also be showcasing its largely popular Majesty 48, a luxury full-option yacht ideal for families to comfortably entertain more than a dozen persons from its viewing decks, and even more inside the panoramic deck. Designed expressly for leisure cruising, the craft is the perfect choice for entry owners who would like to easily manage the fly-bridge yacht on their own, it added. – TradeArabia News Service