Amsterdam, Netherlands – Gulf Craft Chairman Mohammed Hussein Alshaali has been honoured with the Lifetime Achievement Award at the 10th annual Boat Builder Awards for Business Achievement, co-organised by IBI and METSTRADE.

The ceremony, held at Amsterdam’s National Maritime Museum on November 20, recognised Mr. Alshaali’s remarkable contributions to the leisure maritime industry. Over four decades, his leadership has elevated Gulf Craft into a global name in yacht and boat manufacturing, while championing innovation and sustainability in the marine sector.

Driven by Mr. Alshaali’s passion for the sea, Gulf Craft was founded in 1982 with a vision to redefine the marine industry. Starting with small fishing boats, the company has evolved into a global leader in yacht and boat manufacturing, housing the world’s first fully integrated design and production facility for vessels ranging from 32 to 175 feet. Operating from a 462,000 sq ft facility in Umm Al Quwain and a 100,000 sq ft facility in the Maldives, Gulf Craft has crafted over 10,000 boats to date.

Reflecting on the honour upon receiving the award, Mr. Alshaali shared: “I am deeply honoured to receive the Lifetime Achievement Award and to join the ranks of past recipients who have shaped our industry. This recognition is a tribute to the Gulf Craft team—a family whose passion, creativity, and dedication have shaped our journey over the past 40 years, as we've grown from humble beginnings to a global leader in yacht and boat manufacturing, making this achievement possible. Thank you to IBI and all who have supported us on this incredible journey.”

A Legacy of Innovation and Leadership

Under Mr. Mohammed Alshaali’s visionary leadership, Gulf Craft has pioneered advancements in lightweight hull designs, eco-friendly propulsion systems, and advanced navigation technologies, setting new industry benchmarks. Signature achievements, like the Majesty 175—the world’s largest composite production superyacht—underscore the company’s commitment to innovation, while Mr. Alshaali’s global influence extends through collaborations with industry organizations to promote best practices and sustainable development.

The Lifetime Achievement Award is a fitting tribute to Mr. Alshaali’s enduring legacy, celebrating his contributions to elevating the UAE’s marine sector and inspiring global innovation.

About Gulf Craft Group:

Gulf Craft Group is a prominent global entity with multiple companies under its umbrella in the yacht and boat manufacturing industry. Our portfolio includes Gulf Craft, Gulf Craft Maldives, and Gulf Craft Services. Together, we deliver high-quality, personalized vessels for leisure and commercial pursuits to a diverse global clientele, along with exceptional service and support.

At the heart of Gulf Craft Group is Gulf Craft, the parent brand that oversees prestigious names such as Majesty Yachts, Nomad Yachts, Oryx Sports Cruisers, Silvercraft Boats, SilverCAT Boats, and Touring Passenger Vessels. These brands offer a wide range of yachts and boats, from 32 to 175 feet, embodying advanced technology, powerful engineering, timeless design, and world-class craftsmanship.

Guided by visionary leadership and driven by a passionate global team, Gulf Craft continually pushes the boundaries of design and performance. This commitment is exemplified by the flagship Majesty 175, the world’s largest composite-production superyacht. Since its founding in 1982, Gulf Craft has been at the forefront of innovation, solidifying its international presence through a robust dealership network.

The Group operates state-of-the-art manufacturing and service facilities, including a 462,000 sq ft shipyard in Umm Al Quwain and an additional facility in Ajman, UAE. Since 2002, Gulf Craft Maldives has also operated a 100,000 sq ft manufacturing and servicing facility in the Maldives, with a brand-new 800,000 sq ft facility set to launch soon. To date, the company has built over 10,000 boats.

Gulf Craft Group's unique integrated approach ensures comprehensive support and service for its customers worldwide, continually meeting and exceeding customer aspirations.

For more information, visit www.gulfcraftgroup.com.