UAE luxury yacht manufacturer, Gulf Craft, has delivered its seventh Majesty 100 superyacht.

Jonacor Marine, Drettmann International’s Russian and Ukrainian Dealer for Gulf Craft, sold the superyacht to a Russian owner with a love of yachting. The owner has named her M/Y Piterland II.

The new superyacht is currently being shipped to Gibraltar, where the owner will offload it and travel onboard through Europe before berthing in East Europe.

Since its launch at the 2017 Dubai International Boat Show, six models of the Majesty 100 have been sold worldwide. The latest order is hull number seven of Gulf Craft’s first sky-lounge superyacht. The homegrown company has delivered several of the models to Europe and Australia.

Gaining worldwide attention since it was launched, the Majesty 100, which is 31.7m in size, is characterized by her powerful but efficient propulsion system. The owners, who are experienced boaters, have chosen the model for its reliability, comfort and unparalleled space and sea keeping capabilities.

The yacht’s standard features include folding balconies on both sides, floor-to-ceiling glazing in the main deck saloon and a sky-lounge on the upper deck, which will allow the owners to use the yacht in almost any climate and enjoy unparalleled open views of the sea. The interior includes five staterooms, with the owner’s situated in the main deck and four rooms in the lower deck.

The model has been completed using timeless exterior styling and exquisite workmanship. The lavish superyacht has been personalised according to the owner’s preference. The interior of the main veneer features quilted semi-gloss stain while the accent and furniture veneer is ebony semi-gloss. Crema Marfil, Dark Emperador and Cappuccino Oryx marble has been used across the interior.

Power will come from 1,900hp twin MAN engines propelling her to a top speed of 20 knots. When trimmed back to an economical speed of 12 knots, the superyacht will cover a cruising range of 1,500 nautical miles.

Gulf Craft currently has three Majesty 100s under construction, with delivery dates that extend up to 2021.

In the Group’s fiftieth anniversary year, Benetti, icon of style and elegance in the history of luxury yachting, wins another challenge and launches three giga yachts in just 100 days.

After the two launches on December 18 and February 5, the 108-meter FB275 now hits the water and brings to an end a busy and productive season, during which Benetti was fully focused on an exceptional endeavour: building 3 yachts over 100 meters in parallel and launching them in the space of just 100 days.

This remarkable achievement was made possible by an ambitious business plan involving major financial investments (in infrastructure, organisation, not to mention workers and shipyard safety). The expansion of Benetti’s Livorno shipyard in particular, with the construction of two latest generation industrial sheds (at a cost of over €18 million), significantly increased the Company’s production capacity.

This challenging project has been used by the shipyard to fine tune its production processes still further, guaranteeing the highest standards of quality and reliability in all phases of construction: from design, to engineering and finally delivery.

The launch of the three giga yachts is an achievement that upholds to perfection the tradition forged by Benetti brand, in a history of successful challenges built on the insight of the founders, starting from the early ‘900 transition from building cargo ships to focusing on pleasure craft.

After the second world war, Benetti began series production of steel explorers, that can be regarded as the first true yachts ever built, becoming the go-to shipyard for crowned heads and successful businessmen. And then there was the Nabila, the largest and most sophisticated yacht of its time, as well as the launch of the Classic line, which for the first time concentrated all the features found on much bigger yachts in just 36 meters. This was followed by the acquisition of the storied Cantiere Orlando to increase production capacity and the construction of the Ambrosia in 2005, the first diesel-electric yacht, which brings us to this last decade and the signing, in a particularly complicated period for the industry, of 4 contracts to build giga yachts, one already delivered and three launched in the space of 100 days, including the world’s biggest hybrid over 5500 GT.

This remarkable achievement extends the Azimut|Benetti offering still further and the Group is now the only shipbuilder in Italy, and one of very few worldwide, to offer a product range that spans from the smallest 12-meter Atlantis to yachts over 100 meters long built by Benetti. The breadth of the offering and the complementary nature of the two brands, Benetti and Azimut, represent formidable assets and the owners have no intention of changing this.

There could have been no better way for Azimut|Benetti to kick off its 50th anniversary year, a milestone reached by the Group after confirming its position, for the nineteenth time, as the world’s leading builder of mega yachts and reporting brilliant results for fiscal 2017/18 (with value of production standing at €850 million and Adjusted EBITDA at €55 million). This success is

confirmed by excellent performance reported by the other Group companies: Fraser Yachts, Lusben, Yachtique and the Marinas, a segment in which construction work is advancing rapidly on the tourist port in Malta.

Looking ahead, and specifically at Benetti, for 2018/19 the Company forecasts a 75% year-on-year increase in units under construction (from 12 to 21). In fact, planned production for the coming 12 months, including both the Viareggio and Livorno shipyards, totals 32 yachts from 29 to 100+ meters in length. Of these, a full 17 are planned for delivery in 2018/19.

The product range is concurrently being extended, with 3 fiberglass yachts under development and 4 new B.NOW models from 50 to 68 meters also at an advanced stage of design. Production work on the first one will start in May 2018.