UAE Insider
    What's Hot
    Business

    Yango Unveils Yango Play in MENA: An AI-Powered Entertainment Super App with Movies, Series, Music, and Mini-Games

    Business

    Elm Showcases Its Digital Products At LEAP 2024

    Business

    ESET launches integration with Wazuh

    Important Pages:
    • Privacy Policy
    • Terms & Conditions
    Facebook Twitter Instagram Pinterest
    • Privacy Policy
    • Terms & Conditions
    Saturday, June 28
    UAE Insider
    • Home
    • News

      DXB set for summer surge with over 3.4 million guests expected in the season kick-off

      Jardins Tramuntana wins Architecture Award for Son Bunyola Hotel by Sir Richard Branson

      UAE Participates in the 10th Annual Meeting of the Board of Governors of AIIB

      Roberto Carlos, marks the official launch of Real Madrid Foundation partners with ISD Sports City

      Diabetes Mobile Unit recognised with honourable mention from prestigious Global University Network

    • Business

      Unlocking Innovation in Enterprise Software Development

      Roberto Carlos, marks the official launch of Real Madrid Foundation partners with ISD Sports City

      Raya Distribution appointed Exclusive Distributor and after-sales partner for UK Tech Innovator Nothing and its Sub-BranRayad CMF by Nothing

      We One named ‘Security Company of the Year’ at FM Middle East Awards 2025

      Du partners with CRIF to advance sustainability goals via state-of-the-art ESG evaluation platform

    • Life

      Jardins Tramuntana wins Architecture Award for Son Bunyola Hotel by Sir Richard Branson

      Roberto Carlos, marks the official launch of Real Madrid Foundation partners with ISD Sports City

      Gianfranco Ferré Residences unveiled: Waterfront elegance with Milanese soul

      Diabetes Mobile Unit recognised with honourable mention from prestigious Global University Network

      Nando’s Opens Its Biggest UAE Restaurant in the Heart of Jumeirah Beach Residence (JBR)

    Facebook Twitter Instagram Pinterest
    UAE Insider
    Home » UAE Electric Yacht manufactures clinches Kuwait fleet deal for zero-carbon vessels
    Business

    UAE Electric Yacht manufactures clinches Kuwait fleet deal for zero-carbon vessels

    Facebook Twitter Pinterest WhatsApp LinkedIn
    Share
    Facebook Twitter LinkedIn Pinterest WhatsApp

    Dubai/Kuwait, March 20, 2023: Advancing the prospect of sustainable marine transportation in the region, a pioneering electric marine vessel maker, Crown Electric Ships and Boats Dubai, today announced clinching a deal with the Badr Sultan Group of Kuwait, to develop and supply a fleet of zero-emission electric yachts for the region.

    The company said the deal valued at an initial order of US$ 10 million is for developing a fleet of electric vessels ranging from 7.3-meter electric cabin cruisers to 23.9-meter electric catamarans specifically designed for the Middle East market.

    The initial deal was signed by the Managing Director of Badr Sultan Group, Ayman Badr Sultan al-Essa, and Sonu Jayan, Chairman of Crown Electric Ships and Boats. The deal was initiated at the recently concluded defense expo, IDEX/NAVDEX 2023 in Abu Dhabi.

    “The market demand for catamarans and day cruisers has been fulfilled by products developed for the international market. The Middle East market has specific requirements due to high temperatures, humidity, and sea states. Crown Electric Ships and Boats, which has experience in the development of special-purpose electric vessels, including unmanned electric boats for the defense industry, has taken up the challenge of developing sustainable electric vessels specific to the Middle East region,” said Ayman Badr Sultan al-Essa.

    Lekshmi Salaja, vice chairperson of Crown Electric Ships and Boats said that the deal will have a significant impact on sustainability and net zero initiatives in the Middle East region. “A mid-sized cruise ship’s emissions are equal to 1 million cars, and Crown has been developing electric boats from 7 meters up to 23 meters and is moving towards the development of sustainable super yachts,” she added.

    Crown is also looking at setting up an all-electric boat and yacht manufacturing plant in the UAE, which will support the local economy by creating jobs.

    “Electric boat and yacht building will give a significant boost to the Middle East economy as a manufacturing hub. The electric yacht market is standing at the same position where the electric car market stood in 2011 due to advancements in battery technology in the past couple of years, ”Sonu Jayan said.

    The MENA region is home to 12.6 percent of the global superyachts. “The combined revenue of top three shipbuilding companies globally adds above 100 billion USD and it is surprising that none is from the Middle East, he added.

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp

    Related Posts

    News

    DXB set for summer surge with over 3.4 million guests expected in the season kick-off

    life

    Jardins Tramuntana wins Architecture Award for Son Bunyola Hotel by Sir Richard Branson

    News

    UAE Participates in the 10th Annual Meeting of the Board of Governors of AIIB

    Business

    Unlocking Innovation in Enterprise Software Development

    Business

    Roberto Carlos, marks the official launch of Real Madrid Foundation partners with ISD Sports City

    Business

    Raya Distribution appointed Exclusive Distributor and after-sales partner for UK Tech Innovator Nothing and its Sub-BranRayad CMF by Nothing

    Business

    We One named ‘Security Company of the Year’ at FM Middle East Awards 2025

    Business

    Du partners with CRIF to advance sustainability goals via state-of-the-art ESG evaluation platform

    Stay In Touch
    • Facebook
    • Twitter
    Don't Miss
    life

    Cinnamon Hotels & Resorts’ launches Summer Bucket-list for Maldives

    Male, Maldives: Summer is the perfect time to embark on new experiences and adventures such…

    Report; Unusual CFDs that you can trade

    RayMing Technology Revolutionizes Smart IOT Device Manufacturing with Comprehensive PCB Assembly Services

    Diriyah Company launches London Experience Center at One Hyde Park, Knightsbridge

    CarbonSifr and Rixos Hotels Launch Strategic Partnership in Eco Hospitality

    Recent Posts

    • DXB set for summer surge with over 3.4 million guests expected in the season kick-off
    • Jardins Tramuntana wins Architecture Award for Son Bunyola Hotel by Sir Richard Branson
    • UAE Participates in the 10th Annual Meeting of the Board of Governors of AIIB
    • Unlocking Innovation in Enterprise Software Development
    • Roberto Carlos, marks the official launch of Real Madrid Foundation partners with ISD Sports City
    Our Picks
    Business

    Sauce Capital Hits 1 Million Orders, UAE’s Food Tech Company Pursues Further Expansion

    Business

    Comera Finance, Part of Abu Dhabi’s Royal Group, Receives In-Principle Approval From The Central Bank of UAE For A Finance Company License

    Business

    Understanding The Risks Of Deploying Artificial Intelligence: Key Insights From Arthur D. Little

    Business

    AUTONOMOUS A2Z Climbs to 11th in Global Automated Driving Solutions Rankings, Strengthens Market Presence

    Must Read
    Business

    PIF launches new company to deliver Expo 2030 Riyadh

    Business

    Oxford Business Group collaborates with Eyad Reda Law Firm for The Report: Saudi Arabia 2024

    Categories
    • Business (338)
    • life (134)
    • News (145)
    Our Picks
    Business

    Mohammed Kilany: A Journey of Entrepreneurial Excellence

    Business

    HUAWEI AppGallery and Emirates Esports Federation join forces to shape the future of esports and gaming in the UAE and Middle East & Africa region

    About us

    Stay connected with UAEInsider, your ultimate source for insightful news, updates, and analysis on all things UAE and beyond. Dive into the heart of the Emirates’ stories, explore diverse perspectives, and stay informed about the latest developments shaping our region and the world.

    UAE Insider
    Facebook Twitter Instagram Pinterest
    • Home
    • Privacy Policy
    • Terms & Conditions
    © 2025 UAE Insider.

    Type above and press Enter to search. Press Esc to cancel.