Gulf Craft is getting ready to open a new dedicated production facility for its leisure craft division in the Emirate of Ajman.
The facility is located close to where the company was originally founded in 1982 and will be used to manufacture models from the company’s leisure brands, including Oryx cabin cruisers and SilverCat power catamarans.
Gulf Craft says it will support its response to growing global demand for versatile recreational boats and the expanding popularity of multihulls.
Gulf Craft points out that the investment comes amid continued growth in the global recreational boating sector, which was valued at approximately US $37.4 billion in 2024 and is projected to expand at nearly 6% annually in the coming years, according to industry market research.
Expanding market
And the company says that within this expanding market, it is finding demand is increasingly shifting toward leisure boats that maximise onboard space, stability, and flexible layouts.
The new facility is located on the Ajman waterfront and spans 10,000sqm (107,000sqft). Immediate sea access will allow vessels to be launched and sea-trialled directly from the yard, which will streamline build cycles while supporting efficient testing, commissioning and delivery.
“The expansion also reflects the continued development of leisure boating across the Gulf countries and neighbouring coastal regions, supported by expanding waterfront developments and growing marine tourism,” said a Gulf Craft spokesperson.
“Positioned between Asia, Africa, and Europe, the UAE provides a strategic base for Gulf Craft to scale production while remaining closely connected to emerging cruising destinations and developing coastal boating communities.”
