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- New AD Ports Group Whitepaper Highlights Superior Infrastructure, Beneficial Climate, Regulatory Atmosphere and World-Class Sights as Key Options.
With 5,325 registered superyachts at present on the world’s waterways, divided between 4,492 motor yachts and 833 crusing yachts, Abu Dhabi is on a journey to changing into a significant vacation spot for the worldwide superyachting trade.
Based on a report entitled ‘New Winter Oasis for Maritime Luxurious Expertise – Abu Dhabi’s Quest to Develop into a World Superyacht Vacation spot’, revealed by Abu Dhabi Maritime (AD Maritime), custodian of the Emirate’s waterways and a part of AD Ports Group, the Emirate has achieved quite a lot of essential milestones that superyacht homeowners think about when deciding on their locations. The whitepaper was launched at Monaco Yacht Present, the annual worldwide commerce present devoted to the world of superyachts held from 28 September to 1st October 2022.
After intensive session with trade consultants, the report recognized 4 key standards that give Abu Dhabi vital comparative benefits, together with: beneficial seasonal climate and sea circumstances; superior maritime infrastructure and associated companies; established authorized and regulatory setting; and world-class sights incorporating social, cultural, and leisure components.
Superyachts, which characterize the head of maritime leisure craft design and luxurious life-style, are vessels of greater than 30 metres in size predominantly residing in fewer than a dozen international locations around the globe. Whereas designs could fluctuate when it comes to dimension and flare, superyachts all are likely to have comparable traits: rich homeowners, constitution firms, maintenance-intensive operational necessities, and a powerful demand for picturesque cruising alternatives.
With greater than 150 new superyachts set to complete development in 2022, representing a complete fleet worth of extra €4 billion, Abu Dhabi’s entry into this unique trade sector may ship vital financial advantages for the Emirate and the nation.
Captain Ammar Al Shaiba, Appearing CEO of Maritime Cluster, AD Ports Group, mentioned: “We developed this whitepaper to showcase the numerous progress that Abu Dhabi has made in recent times in growing its distinctive providing to superyacht homeowners, and to establish areas the place extra work continues to be wanted so as to obtain our imaginative and prescient. The findings exhibit that the Emirate is changing into a vacation spot of alternative among the many superyacht elite, with a variety of companies, sights, and local weather advantages. A number of businesses and organisations are working collectively beneath the steerage of our clever management to attain this objective.”
Capt. Saif Al Mheiri, Managing Director, Abu Dhabi Maritime, AD Ports Group, mentioned: “The superyachting sector is a rising cornerstone of the UAE’s wider maritime leisure economic system that leverages our nation’s strategic location, engaging shoreline, beneficial seasonal climate, superior infrastructure and a pleasant regulatory setting to welcome main trade gamers and guests from around the globe to our shores.
“As our newest examine signifies, our workforce at AD Maritime is working carefully with our broader maritime neighborhood to develop Abu Dhabi’s worth proposition, and we look ahead to welcoming the worldwide yachting neighborhood to our shores and unlocking the complete potential of what our Emirate has to supply.”
Developed from a variety of qualitative interviews with worldwide consultants performed in 2021 and 2022, the report examines the elements that appeal to homeowners to enterprise past conventional locations akin to Mediterranean Sea ports like Marbella, Capri, Saint-Tropez, Antibes and Monaco, and Caribbean Sea ports akin to Antigua, St. Lucia, the British Virgin Islands, and the Bahamas.
Consultants interviewed urged that the rise in superyacht possession during the last decade, underpinned by the altering nationality profiles of householders, particularly these primarily based in Asia and the Center East, has inspired people and corporations to look past these typical locations. Moreover, the geostrategic location of Abu Dhabi coupled with its pure abundance of pristine waterways and islands has helped to boost its profile amongst these new homeowners.
Sea circumstances within the Arabian Gulf, with their low winds and calm waters year-round, together with average off-season temperatures, imply that vessels don’t should be lifted from the water and saved at nice expense, thereby growing Abu Dhabi’s attractiveness.
The report additionally highlighted Abu Dhabi’s intensive leisure and leisure choices to the worldwide superyachting neighborhood, together with untouched coastal desert magnificence that includes marine protected areas and a group of scenic islands, seashores and anchorage locations. The Emirate can be residence to quite a lot of world-class annual sporting occasions together with the Abu Dhabi Grand Prix Components One Race, Mubadala Tennis Championship, and Abu Dhabi HSBC Championship Golf Match, alongside renown cultural locations together with the Louvre Abu Dhabi, Zayed Nationwide Museum, Guggenheim, amongst many others.
One of many areas the place the Emirate has made vital progress, in accordance with the whitepaper, is within the growth of the authorized and regulatory framework in help of superyacht homeowners and their crews, lots of whom aren’t full-time residents within the nation. The current launch of complete and fully-digitised Security Maps of all waterways throughout the Emirate, figuring out anchorage areas, zones for motorised and non-motorised craft, and pace limits, was cited as one key enchancment. The maps, developed by the Division of Municipalities and Transport (DMT) and AD Maritime, can be found on the latter’s digital portal, www.admaritime.ae, and through a devoted interactive navigational app, Al Nalia, out there on App Retailer and Google Play.
Moreover, Abu Dhabi has made vital progress within the growth of superior maritime infrastructure and associated companies for superyachts. There are at present roughly 100 superyacht refit yards around the globe, and Abu Dhabi provides quite a lot of market-leading services on this space. As well as, the emirate is residence to 2 full-service superyacht marinas that may host yachts of all sizes and are backed by a full suite of premiere lodging, companies and facilities.
One superyacht proprietor interviewed for the report, who selected to stay nameless, concluded: “Abu Dhabi is rapidly changing into a must-visit superyacht vacation spot; it’s a place the place we need to spend extra time. It ticks most of the packing containers already, and the authorities are at all times making issues sooner, simpler, and higher for homeowners and our captains to decide on to spend time there.”
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