State-of-the-art marinas and services cater to superyacht owners and other elite travelers.
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Leisure Boats Market Worth US$ 78.4 Billion by the end of 2032
The global leisure boats market is anticipated to reach a valuation of US$ 78.4 Billion by 2032, with sales growing at a moderate CAGR of 5.8% from 2022 to 2032. Valued at US$ 42.6 Billion in 2021, the target market will likely reach an estimated US$ 44.6 Billion by the end of 2022. Rising adoption of technologically advanced tools like IoT by market manufacturers coupled with growing popularity of electric boats will propel the growth of the leisure boats market during the forecast period.
Video: New details revealed about the flagship Bering B165 superyacht
All-new Sunseeker 120 Yacht redefines superyacht luxury and elegance
From its expansive decks to its luxurious staterooms, seafaring marvel sets a new standard for excellence.
Yachting Trends: What’s New, What’s Next
As we saw at the 2024 Dubai International Boat Show (DIBS), the yachting industry is shaped by remarkable design, technology, and sustainability innovations. This growth in technological and sustainable practices is not just reshaping how yachts are built and operated but also influencing why people choose yachting as a form of luxury travel and recreation. Many attendees are drawn to the combination of high-tech amenities and the promise of reduced environmental impact. In the article below we will take a look at some of the biggest yachting trends of 2024, all of which are projected to grow and evolve even further in 2025 and beyond.
Technology & Artificial Intelligence
Yachting is a much more advanced leisure activity than a decade ago. Enhanced by AI, yachts are now capable of automated docking and voice-activated controls, making them easier and safer to operate. This technological leap has expanded the appeal of yachting, attracting tech-savvy younger audiences who value both innovation and convenience. The integration of AI extends beyond navigation to include personalised guest experiences, where preferences in lighting, entertainment, and temperature are automatically adjusted, creating a uniquely tailored onboard environment .
Advanced Security
Yachting security has evolved from traditional physical measures to incorporate advanced digital technologies and cybersecurity protocols. Modern yachts now feature networked security systems that offer remote monitoring, intruder alerts, and data protection, reflecting a comprehensive approach to security that matches the sophistication of the technology onboard. The addition of drones for continuous aerial surveillance and biometric systems for identity verification are testaments to the industry’s commitment to security, ensuring peace of mind for owners and guests alike.
Explorer-Class Yachts
They say the age of exploration has come and gone. They are wrong. Modern explorer-class yachts are designed to withstand extreme conditions, allowing them to navigate both polar and tropical destinations. These vessels are equipped with state-of-the-art navigation systems and durable materials that handle diverse weather conditions, making remote areas of the world more accessible to adventurous yachters. Such capabilities are enticing more individuals to explore secluded and pristine environments, safely and comfortably. A new age of exploration is on the horizon!
Sustainability
It’s the buzzword that just won’t go away. And for good reason. Today’s yachts incorporate eco-friendly technologies such as solar panels and wind turbines, significantly reducing reliance on fossil fuels. Builders also adopt materials and practices that lower emissions and increase energy efficiency. These initiatives are crucial for preserving marine environments and ensuring that yachting remains a sustainable activity for future generations.
Fractional Ownership
While the barrier for entry into yachting remains relatively high for people without extensive disposable income (some estimates suggest a minimum requirement of $1 million for a basic yacht), the market has never been more accessible. The rise of fractional or sectional title ownership (co-owning property with several other individuals) in the yachting industry has allowed enthusiasts to experience the luxury of yachting without the full financial burden of sole ownership. This innovative approach reflects broader shifts towards shared economies in luxury markets and can be seen as an outcome of the push towards sustainability.
The Changing Face of Luxury Sailing
Yachting is more popular than ever. According to Yacht Sourcing, the industry is worth at least $54 billion in 2024, with current projections showing this figure going up even more. This year’s Dubai International Boat Show highlighted that the ongoing fusion of high-tech advancements, increased sustainability, and more accessible ownership models are driving the industry forward. These elements enhance the yachting experience and broaden its appeal, making it relevant to a new generation of maritime enthusiasts. Looking ahead, the evolution of these trends at upcoming events like the 2025 show will undoubtedly offer new insights and opportunities, reaffirming the dynamic nature of the luxury yachting industry and its significant economic impact.
We will return to Dubai Harbour in February 2025. More details coming soon!
Dubai emerges as global superyacht capital
The growing appetite for yacht experiences correlates with the development of the UAE as a premier yachting destination, reinforced by year-round sunshine, unique coastline and luxury marinas.
Gulf Craft’s New-Look Majesty Superyacht
The first Gulf Craft model to feature both exterior and interior design by Phathom, the muscular Majesty 111 includes shipyard firsts like a master suite with jacuzzi view, feature staircases topped by a skylounge skylight, and a remarkable six cabins in a 34m flybridge.
Ocean 360 Marks its Presence at the Dubai International Boat Show 2024 with an Exciting Lineup of Luxury Marine Offerings
Dubai, UAE – Ocean 360, a renowned Dubai-based luxury marine lifestyle company, was thrilled to announce its participation in the 30th edition of the Dubai International Boat Show (DIBS 2024), which took place from February 28 to March 3 at the Dubai Harbour. As a leader in the marine industry, Ocean 360 showcased an unparalleled selection of yachting services and luxury marine products, emphasising its commitment to enhancing the luxury lifestyle at sea.
This year, Ocean 360 was proud to present a selection of unbeatable offers for pre-owned boats ready for sale with immediate delivery, alongside an exclusive array of products from the world-renowned brands they represent, each known for their exceptional quality, innovative design, and performance. The lineup included:
Belassi – The Marine Hypercraft: Visitors experienced the pinnacle of marine innovation with the Belassi UAE Limited Edition. This personal watercraft boasted a unique design inspired by the rich heritage and futuristic vision of the UAE. The Belassi is tailored for those who seek unparalleled performance and custom design that stands out in the seas.
Seabob – Luxury Water Sleds: Guests had the opportunity to experience gliding through the water with the sleek and powerful Seabob, representing the ultimate luxury of water slide. Purposely designed for both fun and mobility, Seabob offers an eco-friendly way to explore the underwater world with ease and style.
Scubajet – Water Jet Systems: At the event, Scubajet revolutionised water activities as the most versatile water jet system available. Whether attendees were engaged in kayaking, stand-up paddling, or diving, Scubajet propelled experiences to new heights with its powerful and adaptable design.
Pirelli Speedboats: Attendees had the opportunity to embark on a journey of speed and elegance with Pirelli Speedboats. Made in Italy, these tenders were a testament to superior craftsmanship, seamlessly combining high performance with a stylish design that echoed the luxurious lifestyle at sea.
Searaft: Ocean 360 was also excited to announce the addition of Searaft to its prestigious portfolio. As a leading manufacturer of inflatable rafts for yachts and superyachts, Searaft introduced a new dimension of luxury and convenience, offering custom solutions for those seeking to enhance their at-sea experiences.
Pre-Owned Luxury Yachts: Those in the market to buy a luxury yacht with immediate delivery were encouraged not to miss the selection offers for boats. Covering a wide range of preferences and budgets, our offerings included models such as Van Dutch 32, Pershing 70, Sanlorenzo SX88, Riva 100 Corsaro, Azimut 66, and Pershing 8X.
Ocean 360’s participation at DIBS 2024 underscored the company’s unwavering dedication to providing comprehensive services related to the acquisition and ownership of a yacht, including Yacht Sales & Brokerage, Charter, Yacht Management, and Tenders & Water Toys.
About Ocean 360
Ocean 360 is a leading Dubai-based company dedicated to enabling the luxury lifestyle at sea. With a comprehensive range of services related to the acquisition and ownership of a yacht, including Yacht Sales & Brokerage, Charter, Yacht Management, Tenders & Water Toys, Ocean 360 is committed to excellence and innovation in the marine industry. For more information, please visit their website at www.ocean360.ae.
Marine Services One Announces Strategic Partnerships with Italvipla, Osmosea, and Tikal Marine Systems at the Dubai International Boat Show 2024.
Marine Services One, a leading UAE provider of Yacht Repairs, Refits, and Marine Equipment Distribution for leisure yachting, was thrilled to announce the addition of three new partners to its portfolio: Italvipla, Osmosea, and Tikal Marine Systems. This announcement came during the prestigious Dubai International Boat Show 2024, reflecting the company’s commitment to enhancing its service offerings and reinforcing its position in the UAE marine industry.
ITALVIPLA
Italvipla, an esteemed Italian company, has been a global leader in marine upholstery since 1965. Known for their exquisite craftsmanship and innovative designs, Italvipla’s products represent the pinnacle of luxury and durability in marine interiors. This partnership enables Marine Services One to offer its clients unparalleled options for customising their yachts with the finest materials and finishes.
OSMOSEA
Another new addition to the portfolio was Osmosea, also from Italy, which brought cutting-edge water purification solutions to Marine Services One’s Clients. As a leading company in the marine desalination sector, Osmosea’s advanced technologies ensure safe, clean, and sustainable water sources for yachts of all sizes. The company was recognized for its customisable solutions that fit a wide range of yacht sizes, from 30 feet to 50 metres.
TIKAL MARINE SYSTEMS
Completing the trio of new partners was Tikal Marine Systems from Germany, which specialized in producing high-quality adhesives, sealants, and fillers for teak decking and other marine applications. Tikal’s products were renowned for their reliability and quality, making them the perfect choice for premium decking works.
“We are excited to add these three prestigious partners to our portfolio and we are thankful for their trust in our team,” said Sebastian Dumitrescu, Business Development Manager of Marine Services One. “By integrating their products and technologies into our service offerings, we are not only expanding our capabilities but also enhancing our competitiveness in the market. These collaborations will allow us to provide our clients with more comprehensive solutions, superior quality, and better costs.”
Marine Services One invited attendees of the Dubai International Boat Show 2024 to visit their booth MD-36 to learn more about these exciting partnerships and how they could benefit from the expanded range of services and products now available. Also on display during the event, the company presented a range of solutions from the other OEM Suppliers in their portfolio – Seakeeper Gyrostabilizers, MASE Generators, Amare Portholes & Glazings, Ocean LED underwater lights, H+B Technics hydraulics, Rakicevic Anodes, Vitrifrigo refrigerators,
About Marine Services One:
Marine Services One is redefining the benchmark for yacht refit, repair services, and marine equipment distribution in the UAE. With a strong business ethics and high standards of quality, from customer experience to work execution and after-sales care, the company has a great respect for the job at hand and an ethical approach to every project.
Exhibitor Showcase: Al Yousuf Motors
Al Yousuf Motors showcased a range of accessories and technology at DIBS 2024. As the exclusive distributor of Yamaha in the UAE, the company presented their latest Waverunners, Superjets, OBMs, and selections from marine accessories brands like Jobe and Winner Kayak. This year’s Dubai International Boat Show attracted a wide audience, highlighting the marine community’s keen interest in the newest innovations.
Yamaha Showcase
- 2024 Yamaha Sport Boats. These boats were introduced as top choices for those looking for performance and luxury. Designed to meet the needs of high-performance enthusiasts, these boats combine speed with a comfortable and sophisticated experience on the water.
- 2024 Yamaha WaveRunners (GP Series & FX Series). The new lineup of WaveRunners features a 1.9-liter engine, with the FX Series aimed at luxury and technology aficionados and the GP Series designed for those seeking speed and agility. New colours and graphics refresh the appearance for 2024.
- Yamaha Outboard Motors (OBMs). Yamaha’s OBMs, known for their reliability and power, were also part of the showcase. These engines are designed to enhance the boating experience, offering outstanding performance.
The Innovative Manta5 Hydrofoiler
The Manta5 Hydrofoiler unveiling was another major highlight. It marks a significant innovation in water sports, blending the essence of cycling with the thrill of hydrofoiling. Designed in New Zealand, it features a modular design for easy transport and quick assembly, offering up to 4.5 hours of ride time on water. The Hydrofoiler supports a new way to explore waterways, equipped with 10 levels of pedal assistance to cater to various intensities of water workouts.
Marine Accessories Exhibition
Al Yousuf Motors also presented an array of marine accessories from Jobe, Riva, and Winner Kayak, emphasising the enhancement of performance, safety, and enjoyment on the water. Their long-standing exclusive distribution of JOBE and Winner Kayaks showcases their commitment to quality and innovation in the marine accessory market.
The participation of Al Yousuf Motors at DIBS 2024 not only underscored their legacy in the marine industry but also their ongoing dedication to bringing the latest and most advanced products to the market. Their presentation of Yamaha’s 2024 marine products and the exciting Manta5 Hydrofoiler demonstrates a clear commitment to innovation and excellence in the maritime sector.
We will return to Dubai Harbour in February 2025. More details coming soon!
