Gulf Craft has announced plans to start manufacturing megayachts marking the Emirates-based builder’s entry into the exclusive league of global megayacht manufacturers.
The announcement was made at the Monaco Yacht Show, where Gulf Craft revealed the new concept designs for the 61-meter Majesty 200 and the 53-meter Majesty 175, both ready to be constructed upon order and offering an exceptional degree of owner customization.
The Majesty 200 is set to be the shipyard's ambitious move into the world of megayachts, and will be built using the latest engineering technology. Meanwhile, the Majesty 175 will be completely produced using advanced composites, expanding the possibilities of using such material for the production of megayachts.
The news follows on the heels of Gulf Craft’s European debut of its flagship superyacht, the Majesty 155, at the Cannes Yachting Festival.
The designs of both the Majesty 200 and Majesty 175 include an abundant list of remarkable features, including retractable helipads, opulent interiors, beach clubs, and extensive lounging and entertainment areas.
Mohammed Hussein Al Shaali, Chairman of Gulf Craft, said:
Gulf Craft has grown and evolved with its customers - we identified the milestones that lie ahead and set out to realize them. Yet we did this while simultaneously listening to our clients, learning from them along the way, and using these insights as the source of inspiration behind each one of our creations. Our aim is to continue redefining superyacht production using advanced composites to a size once thought impossible, all the while creating bespoke cruising experiences for our customers. Our ceaseless determination has led to this very moment, one where research and development meets megayacht design
Erwin Bamps, Gulf Craft’s Chief Executive Officer, added that the decision to venture into the world of megayachts comes as a natural progression for the company, which for more than three decades has been helping seafarers explore the world’s waters with its expanding portfolio of oceangoing yachts.
Gulf Craft’s spirit has always been one of great ambition. There were challenges to the size of yachts we can build, but we strived to overcome these limitations – in the last three years alone we successfully launched the Majesty 155, the Majesty 135, and the Majesty 122, and we have received multiple successive orders for each
He added:
Today, rising private wealth combined with growing worldwide interest in the yachting lifestyle, and a strong desire to spend more time on water, is creating an emerging demand for products that can deliver the ultimate luxury cruising experiences in both engineering and design. And now, with the introduction of the Majesty 200 and the Majesty 175, we continue to push the boundaries of innovation, redefining the possibilities of yachting, and transforming our customers’ most lavish seafaring aspirations into reality
The Majesty 155 is continuing its journey through the French Riviera, with a showcase at the Monaco Yacht Show. Earlier this year, Gulf Craft’s flagship superyacht won the coveted CEDIA Award for ‘Best Yacht Installation’, signifying the builder’s capacity to deploy the best that entertainment technology has to offer across the largest of its craft. The shipyard has also received a second order of the Majesty 155, which it is aiming to deliver by next year.
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June 24, 2025
The 32.7-meter motor yacht Far Niente, built in June 2024 by Turkish shipyard SES Yachts, is now available for sale through broker Dominic Meredith-Hardy of Classic Charters. Combining classic aesthetics with modern technology, the yacht features a fuel-efficient hull design by Hoek Design Naval Architects, inspired by early 20th-century Dutch herring luggers.Constructed with a steel hull and wood-composite superstructure, Far Niente was commissioned by experienced owners as a classic-style expedition yacht. The interior layout accommodates 10 guests across five cabins, including a full-beam owner’s suite on the main deck, along with crew quarters for six.The yacht’s design blends traditional and contemporary elements, with grey-washed oak and white paneling contrasted by exposed timber beams and classic deckheads. The main saloon includes a dining area for 10 and an L-shaped lounge, while the bridge deck offers a TV lounge and an outdoor space with al fresco dining and sunpads.Additional features include tender storage on the foredeck, serviced by a retractable crane. Powered by a single MAN diesel engine, Far Niente reaches a top speed of 11 knots, with a cruising speed of 9.5 knots and a range of 3,750 nautical miles. Key specifications include a 200GT interior volume, a 6.7-meter beam, and a 2.5-meter draft.The asking price is EUR13,000,000.Credits: Yacht Harbour archive
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Pershing celebrates four decades of operations, highlighting its evolution as a brand known for revolutionary yacht designs, advanced technology, and high performance. Founded in the early 1980s by Tilli Antonelli, Fausto Filippetti, and Giuliano Onori, the company initially focused on repairing laminated wood boats. A turning point came in 1985 with the launch of the Pershing 45, developed in collaboration with designer Fulvio De Simoni. This model combined speed and spaciousness, establishing Pershing as a leader in innovation.In 1998, Pershing joined the Ferretti Group, expanding its global presence. The brand further strengthened its international reach in 2012 under the Weichai Group, with notable growth in Asia, America, and Europe. Pershing has consistently introduced groundbreaking technologies, such as surface-piercing propeller systems and water jets with gas turbines, exemplified by the 5,100 HP Pershing 115 in 2004.The current fleet includes the Generation X series (5X–9X) and the GTX range (GTX116, GTX80, GTX70), balancing performance with comfort. The Pershing 140, the brand’s first all-aluminum superyacht, represents its most ambitious project to date.Production takes place in Mondolfo, Italy, at an 84,000-square-meter facility featuring advanced manufacturing and testing capabilities. The site includes dedicated areas for different model ranges, with processes such as PPG-certified dry painting ensuring high-quality finishes."By introducing technological innovations, unveiling revolutionary models, and evolving the brand’s storied shipyard, for forty years Pershing has continued to look beyond the horizon, to where the sea meets the future," the company stated.The Ferretti Group, led by Chief Executive Officer Alberto Galassi, is now one of the world’s leaders in the construction and sale of luxury yachts and pleasure vessels, with a unique portfolio of brands: Ferretti Yachts, Riva, Pershing, Itama, Mochi Craft, CRN, Custom Line and Wally.Credits: Ferretti Group
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Overmarine Group has launched the fifth hull in its Mangusta Oceano 50 series, a 50-meter displacement yacht measuring just below 500 GT. The vessel features exterior and interior design by Alberto Mancini in collaboration with the shipyard's technical department.The yacht's layout emphasizes indoor-outdoor connectivity through floor-to-ceiling windows and expansive glazing. Accommodation includes five cabins, with a full-beam master suite on the main deck featuring an automated balcony. The lower deck houses four guest cabins and a gymnasium.Outdoor amenities comprise three connected beach club terraces, two swimming pools (including a 6.5×2.6-meter pool with countercurrent system), and multiple lounge/dining areas across the decks. The sun deck infinity pool creates a visual connection with the horizon.Power comes from twin MTU 12V 2000 M86 engines (1,700hp each), delivering a 16-knot top speed and 4,500-nautical-mile range at 11 knots. Moran Yachts facilitated the sale of this fifth Oceano 50 unit.The launch follows four previous deliveries in the Oceano 50 series since its introduction. Overmarine Group was founded in 1985 by the Balducci family. The shipyard builds open and displacement power superyachts under the Mangusta and Mangusta Oceanco brand names. Credits: Overmarine Group
June 23, 2025
Horizon Yachts has completed construction of the 15th hull in its FD80 series, a 24.6-meter motoryacht that will make its European debut at both the Cannes Yachting Festival and Monaco Yacht Show in September. This marks the first FD80 model specifically configured for the European market.The yacht features design collaboration with Dutch designer Cor D. Rover, incorporating an open-plan interior layout with floor-to-ceiling windows. Interior finishes include bleached teak and brushed gunmetal detailing throughout the cabinetry. The owner has specified several custom features, including large-format televisions in both the main saloon and master suite.Accommodations are arranged for eight guests across four staterooms, with a full-beam master suite on the main deck and three additional guest cabins below. The crew area accommodates four staff with direct access to the beach club.Exterior spaces include multiple social areas, with a hot tub and teppanyaki grill on the bridge deck, along with flexible aft deck space that can serve as either a lounge or tender storage area. The foredeck features a dining setup with sunpads.Powered by twin MTU engines, the yacht incorporates Horizon's Skyline superstructure design and a fully enclosed wheelhouse. The FD80 will be available for viewings at both European boat shows before delivery to its owner. The Fast Displacement series represents a significant portion of Horizon Yachts' current production output.Founded in 1987, Horizon Yachts has celebrated 35 years as one of the largest luxury yacht builders in the world as well as the number one builder in the Asia Pacific region. In the past three decades, Horizon has delivered over 855 luxury yachts, with more than 220 of these over 80 feet in length. Popular models ranging from 52 to 150 feet include motor yachts, superyachts, power catamarans, expedition yachts, and fast displacement motor yachts.Credits: Horizon Yachts
June 23, 2025