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Icon Yachts and Gulf Craft sign Memorandum Of Intent


As the first 62-metre Icon was unveiled at the Monaco Yacht Show Icon Yachts and Gulf Craft were planning a strategic alliance.

“Memorandum Of Intent”: Wim Koersvelt, CEO of Icon Yachts, a trend-setting and prominent superyacht manufacturer based in the Netherlands, and Erwin Bamps, Executive Manager of Gulf Craft, a leading GRP yacht manufacturer, have worked out a draft agreement to benefit clients of both ship building companies. Koersvelt has built strong relations with Gulf Craft over the past decade.

1) Gulf Craft would become a service and sales point for Icon yachts and its clients that are based in or visiting the region in the Middle East.

2) Gulf Craft employees would be made familiar with Icon Yachts’ way of building large yachts, the materials and components used as well as its modular assembly methods.

3) Icon Yachts would provide input on the new Gulf Craft 40-metre to enhance engineering, production and the quality of the product. This would be followed by larger yacht projects.

4) Exchanges would be made by staff of both Icon Yachts and Gulf Craft and knowledge would be transferred between the two companies.

Icon Yachts, builder of the 62-metre Icon and custom superyachts upon an optimized platform, is exhibiting at the Jeddah boat show on stand A20 where further details of new designs will be announced.

Gulf Craft, established in the United Arab Emirates in 1982, builds approximately 800 GRP yachts per year of between 10 and 45 metres, under its premium brand of Majesty Yachts. Exports account for some 70% of sales. It is exhibiting at the Jeddah boat show on stands A16 and EX32.

Icon Yachts BV
+31 517 494600
[email protected]

Gulf Craft
+971 6 7406060
[email protected]

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