Gulf Craft

Gulf Craft is a manufacturer of luxury yachts and fiberglass boats based in Umm Al Quwain in the United Arab Emirates. Gulf Craft operates from two shipyards in the UAE and one in the Maldives.
History.
Gulf Craft was founded in 1982 in the United Arab Emirates by the Alshaali brothers- Mohammed, Abdullah and Jamal and their friend Dr. Mohammed Hamdan. Mohammed Hussain Alshaali currently serves as the Chairman of the company. It started as a manufacturer in the small open boat category.
In 1992, Gulf Craft expanded its product range into larger fly-bridge designs using inboard diesel installations.
With a growing range of boats and yachts approaching 100' in length the new millennium saw Gulf Craft sell to Europe and many of it Majesty Yachts fleet are present in the marinas of France, Spain and Italy. The expansion into larger yachts and new markets after 2000 saw production facilities expand and a new shipyard was developed at Umm Al Quwain with the capacity to manufacture superyachts up to in length.
In March 2017, Gulf Craft announced that they are planning an IPO on the Dubai financial market by the end of the year. The company also announced its intention to build more superyachts (or megayachts), following the growing trend of superyacht hubs in the Mediterranean sea.
In February 2021, Gulf Craft progressed on management restructure to set the company on a course towards continued growth as outlined by Chairman Mohammed H. Alshaali. In a significant move for the Emirates-based business, Gulf Craft announced the appointment of Talal Abdin Nasralla as the company’s Chief Executive Officer. Talal, who joined Gulf Craft in late 2020 as Chief Strategy Officer, will drive the company’s new global growth strategy and further enhance its continued development and capabilities. Abeer Alshaali, who was acting CEO, will take on the role of Deputy Managing Director, reporting to the Chairman, and extending guidance to the executive management team. She will also oversee the expansion of the company’s network in the US, Europe, and other key markets.
Manufacturing facilities.
Gulf Craft operates four manufacturing facilities – two facilities in Ajman, UAE, which also includes a service centre, a 100,000 square foot facility in the Maldives and a 462,000 square foot facility in Umm Al Quwain, UAE, equipped with a 150-ton and a 500-ton travel lift and two launching bays. The company currently employs close to 1,600 people across its three facilities. The company uses advanced manufacturing technologies such as sandwich construction, vacuum infusion processes, and water-jet drives engineered on large yachts.
In 2015, Gulf Craft produced 400 boats, 40–50 of them being yachts.
After-sales services.
Gulf Craft provides after-sales services including exterior, interior, mechanical, electrical, air conditioning and fabrication works. They have a 75 tonne travel lift at the Ajman Service Centre and are able to lift up to 500 tonnes at the Umm Al Quwain shipyard.