Gulf Craft debuts Majesty 120 and new partner signings in the pipeline

Gulf Craft has introduced its Majesty 120 superyacht at the Cannes Yachting Festival, marking the superyacht’s continental debut.

The UAE-based luxury boatbuilder is also showcasing its best-selling model, the 31.7-metre Majesty 100, at the annual industry event.

Celebrating its 40th anniversary this year, Gulf Craft says its presence in Europe has gone from strength to strength over the last 12 months, and the brand is now represented by a dealer network across Europe, with new partner signings in the pipeline.

Last month, Gulf Craft appointed Aqua Marine as the exclusive dealer for its Majesty and Nomad brands in France and Monaco.

Gulf Craft adds that its flagship line of superyachts – Majesty Yachts – has seen the most interest from European buyers. It attributes this to the increased appeal of fibreglass hulls over traditional steel vessels for their lightweight, competitive fuel economy and ability to navigate shallow waters.

Last year, Gulf Craft sold a selection of models to European customers, including the Majesty 100, 120 and 140, and has also delivered two Majesty 100s and a Majesty 120.

“Europe has and always will be an incredibly important market for us,” says Mohammed Hussein AlShaali, Gulf Craft Chairman. “As each year passes, we are seeing a significant shift in the perception of composite-built superyachts – in previous years, this market has been strongly focused on traditional steel hulls, but we are beginning to see an interesting upward trend in fibreglass hulls.”

The 37-metre Majesty 120 was designed by Gulf Craft’s in-house studio and is constructed with advanced composite materials such as vinyl ester and carbon fibre. It features two 2,500hp engines and a draft of just over 6ft.

The Majesty 120’s interior features an owner cabin and VIP cabin on the lower deck, as well as a family-friendly lounge. She also features a spacious sundeck, said to be 30 per cent larger than other yachts in her class.