A luxury yacht company from Poland will soon open a ship building yard in Ras Al Khaimah.
Sunreef Yachts is set to open its first overseas centre in the UAE to cater to rising demand from the Middle East and Asia.
The company counts tennis star Rafael Nadal and Formula One champions Fernando Alonso and Nico Rosberg as clients.
“UAE and Dubai are great because this is a rising market,” Francis Lapp, president and founder of Sunreef Yachts, told The National in an interview in Gdansk, Poland at the company headquarters.
It is a Dh100 million investment. We will start with 50 people and in two, three years maybe we move up to 600 or 800 people
Francis Lapp,
Sunreef Yachts
“In Ras Al Khaimah we will make the same luxury catamarans that we make here in Gdansk.
“It is a Dh100 million [$27.2m] investment. We will start with 50 people and in two, three years maybe we move up to 600 or 800 people.”
The company has a centre in the northern Polish port city with more than 1,000 employees for in-house design and production of the sleek yachts.
At its workshops on the Baltic Sea coast, compact 50-foot to transatlantic 140-foot twin-hull catamarans are tailor-made for each client.
Links to big buyers
Mr Lapp said while other European ship makers have often based their second facility in Turkey, he saw better opportunities in the UAE.
“I believe it will be a very strong market to reach Australia, the Oceanic region, the Middle East and countries like India and China also,” he said.
“Also, I know the people in Ras Al Khaimah, it’s a good place.”
Poland accounts for more than half of the European Union’s yacht exports, according to European Union 2021 data.
The country is the world’s eighth-largest exporter of yachts and produces about 22,000 motor, sailing and luxury vessels, of which 95 per cent are exported.
Big buyers of Polish yachts are in Europe, Turkey, Russia, Canada, Australia, China, Japan, Thailand and the Middle East.
Sunreef has offices in Gdansk, Dubai and Miami and specialises in twinhull catamarans that enthusiasts say offer more stability and larger living space than traditional yachts.
Floating villas
Billed as luxurious holiday ‘floating villas', the sleek models feature polished walnut wood, natural oak interiors with muted rose gold and brass finishing, gleaming granite counter tops in expansive kitchen and dining areas.
The yachts are fitted with en suite cabins, walk-in wardrobes, large windows in fully equipped gyms for ocean-view workouts, sun decks, a spa pool and lounge areas that double as outdoor cinema space.
Jet skis are stored in garage cubicles in larger yachts, while hydraulic platforms can be lowered to create a walkway and have a beach club setting for deep sea entertainment.
The RAK shipbuilding yard is part of the company’s expansion plans to cope with increased orders and a growing appetite for luxury travel.
There has been a surge in sales of superyachts during the Covid-19 pandemic, with the wealthy purchasing boats to avoid travel restrictions.
The trend is expected to continue with an increased demand for exclusive locations away from the crowded holiday destinations in the post-Covid travel boom.
Superyachts are defined as boats longer than 24 metres or 78 feet that typically need a crew and have price tags that start from $2 million, rising to well over $20 million.
Sales of luxury vessels rose more than 8 per cent in the first nine months of 2021 from the same period pre-pandemic in 2019, according to Superyacht Group, an industry publication.
Eco catamarans
At the Gdansk yard, engineers and workers were busy readying fully customised vessels.
“We inject superyacht quality into multihull architecture,” Mr Lapp said.
“We are so excited about renewable energy, green tech in our design. It’s a new journey on ultra-modern solar catamarans.”
Twice F1 champion Alonso was in Dubai recently for the sailing of Sunreef’s latest release.
The all-electric yacht promises quiet, fuel-free cruising and integrates ultralight solar panels in the entire body across the hull, mast and roof.
Propulsion is 100 per cent electric and when using the sail, the vessel generates power from the motion of propellers.
Alonso has commissioned his first yacht from Sunreef — an eco-electric catamaran that he wanted to combine green technology, lifestyle and comfort.
“I really wanted to build a catamaran because I wanted to enjoy more space and all the other advantages that multihull bring,” he said in a statement.
“My vision was a luxury craft of the highest quality.
"This will be my first yacht. I want the yacht to always be ready to go. Sometimes I will go out into the sea spontaneously so I want to make sure the yacht is reliable."
Two years ago, tennis star Nadal and his wife were closely involved in the look of the multi-hull 80-foot yacht designed for long cruises that he ordered for his 38th birthday.
He struck off add-ons such as an outdoor Jacuzzi for wider, open spaces and chose subdued grey and beige tones for the interior.
Named Great White, the yacht helped him unwind with family during breaks from his tough training regime.
“As someone from an island as I am, the sea is part of our lives,” he said in a statement at the time.
"I wanted to feel like in my own house."
Company profile
Date started: Founded in May 2017 and operational since April 2018
Founders: co-founder and chief executive, Doaa Aref; Dr Rasha Rady, co-founder and chief operating officer.
Based: Cairo, Egypt
Sector: Health-tech
Size: 22 employees
Funding: Seed funding
Investors: Flat6labs, 500 Falcons, three angel investors
Key figures in the life of the fort
Sheikh Dhiyab bin Isa (ruled 1761-1793) Built Qasr Al Hosn as a watchtower to guard over the only freshwater well on Abu Dhabi island.
Sheikh Shakhbut bin Dhiyab (ruled 1793-1816) Expanded the tower into a small fort and transferred his ruling place of residence from Liwa Oasis to the fort on the island.
Sheikh Tahnoon bin Shakhbut (ruled 1818-1833) Expanded Qasr Al Hosn further as Abu Dhabi grew from a small village of palm huts to a town of more than 5,000 inhabitants.
Sheikh Khalifa bin Shakhbut (ruled 1833-1845) Repaired and fortified the fort.
Sheikh Saeed bin Tahnoon (ruled 1845-1855) Turned Qasr Al Hosn into a strong two-storied structure.
Sheikh Zayed bin Khalifa (ruled 1855-1909) Expanded Qasr Al Hosn further to reflect the emirate's increasing prominence.
Sheikh Shakhbut bin Sultan (ruled 1928-1966) Renovated and enlarged Qasr Al Hosn, adding a decorative arch and two new villas.
Sheikh Zayed bin Sultan (ruled 1966-2004) Moved the royal residence to Al Manhal palace and kept his diwan at Qasr Al Hosn.
Sources: Jayanti Maitra, www.adach.ae
Cherry
Directed by: Joe and Anthony Russo
Starring: Tom Holland, Ciara Bravo
1/5
Company profile
Date started: 2015
Founder: John Tsioris and Ioanna Angelidaki
Based: Dubai
Sector: Online grocery delivery
Staff: 200
Funding: Undisclosed, but investors include the Jabbar Internet Group and Venture Friends
LAST-16 FIXTURES
Sunday, January 20
3pm: Jordan v Vietnam at Al Maktoum Stadium, Dubai
6pm: Thailand v China at Hazza bin Zayed Stadium, Al Ain
9pm: Iran v Oman at Mohamed bin Zayed Stadium, Abu Dhabi
Monday, January 21
3pm: Japan v Saudi Arabia at Sharjah Stadium
6pm: Australia v Uzbekistan at Khalifa bin Zayed Stadium, Al Ain
9pm: UAE v Kyrgyzstan at Zayed Sports City Stadium, Abu Dhabi
Tuesday, January 22
5pm: South Korea v Bahrain at Rashid Stadium, Dubai
8pm: Qatar v Iraq at Al Nahyan Stadium, Abu Dhabi
Champion%20v%20Champion%20(PFL%20v%20Bellator)
%3Cp%3EHeavyweight%3A%20Renan%20Ferreira%20v%20Ryan%20Bader%20%3Cbr%3EMiddleweight%3A%20Impa%20Kasanganay%20v%20Johnny%20Eblen%3Cbr%3EFeatherweight%3A%20Jesus%20Pinedo%20v%20Patricio%20Pitbull%3Cbr%3ECatchweight%3A%20Ray%20Cooper%20III%20v%20Jason%20Jackson%3Cbr%3E%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EShowcase%20Bouts%3C%2Fstrong%3E%3Cbr%3EHeavyweight%3A%20Bruno%20Cappelozza%20(former%20PFL%20World%20champ)%20v%20Vadim%20Nemkov%20(former%20Bellator%20champ)%3Cbr%3ELight%20Heavyweight%3A%20Thiago%20Santos%20(PFL%20title%20contender)%20v%20Yoel%20Romero%20(Bellator%20title%20contender)%3Cbr%3ELightweight%3A%20Clay%20Collard%20(PFL%20title%20contender)%20v%20AJ%20McKee%20(former%20Bellator%20champ)%3Cbr%3EFeatherweight%3A%20Gabriel%20Braga%20(PFL%20title%20contender)%20v%20Aaron%20Pico%20(Bellator%20title%20contender)%3Cbr%3ELightweight%3A%20Biaggio%20Ali%20Walsh%20(pro%20debut)%20v%20Emmanuel%20Palacios%20(pro%20debut)%3Cbr%3EWomen%E2%80%99s%20Lightweight%3A%20Claressa%20Shields%20v%20Kelsey%20DeSantis%3Cbr%3EFeatherweight%3A%20Abdullah%20Al%20Qahtani%20v%20Edukondal%20Rao%3Cbr%3EAmateur%20Flyweight%3A%20Malik%20Basahel%20v%20Vinicius%20Pereira%3C%2Fp%3E%0A
The Africa Institute 101
Housed on the same site as the original Africa Hall, which first hosted an Arab-African Symposium in 1976, the newly renovated building will be home to a think tank and postgraduate studies hub (it will offer master’s and PhD programmes). The centre will focus on both the historical and contemporary links between Africa and the Gulf, and will serve as a meeting place for conferences, symposia, lectures, film screenings, plays, musical performances and more. In fact, today it is hosting a symposium – 5-plus-1: Rethinking Abstraction that will look at the six decades of Frank Bowling’s career, as well as those of his contemporaries that invested social, cultural and personal meaning into abstraction.
The%20specs
%3Cp%3E%3Cstrong%3EPowertrain%3A%20%3C%2Fstrong%3ESingle%20electric%20motor%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E201hp%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E310Nm%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3ESingle-speed%20auto%0D%3Cbr%3E%3Cstrong%3EBattery%3A%20%3C%2Fstrong%3E53kWh%20lithium-ion%20battery%20pack%20(GS%20base%20model)%3B%2070kWh%20battery%20pack%20(GF)%0D%3Cbr%3E%3Cstrong%3ETouring%20range%3A%20%3C%2Fstrong%3E350km%20(GS)%3B%20480km%20(GF)%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh129%2C900%20(GS)%3B%20Dh149%2C000%20(GF)%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%3C%2Fstrong%3E%20Now%3C%2Fp%3E%0A
Tax authority targets shisha levy evasion
The Federal Tax Authority will track shisha imports with electronic markers to protect customers and ensure levies have been paid.
Khalid Ali Al Bustani, director of the tax authority, on Sunday said the move is to "prevent tax evasion and support the authority’s tax collection efforts".
The scheme’s first phase, which came into effect on 1st January, 2019, covers all types of imported and domestically produced and distributed cigarettes. As of May 1, importing any type of cigarettes without the digital marks will be prohibited.
He said the latest phase will see imported and locally produced shisha tobacco tracked by the final quarter of this year.
"The FTA also maintains ongoing communication with concerned companies, to help them adapt their systems to meet our requirements and coordinate between all parties involved," he said.
As with cigarettes, shisha was hit with a 100 per cent tax in October 2017, though manufacturers and cafes absorbed some of the costs to prevent prices doubling.
Results
2pm: Serve U – Maiden (TB) Dh60,000 (Dirt) 1,400m; Winner: Violent Justice, Pat Dobbs (jockey), Doug Watson (trainer)
2.30pm: Al Shafar Investment – Conditions (TB) Dh100,000 (D) 1,400m; Winner: Desert Wisdom, Bernardo Pinheiro, Ahmed Al Shemaili
3pm: Commercial Bank of Dubai – Handicap (TB) Dh68,000 (D) 1,200m; Winner: Fawaareq, Sam Hitchcott, Doug Watson
3.30pm: Shadwell – Rated Conditions (TB) Dh100,000 (D) 1,600m; Winner: Down On Da Bayou, Xavier Ziani, Salem bin Ghadayer
4pm: Dubai Real Estate Centre – Maiden (TB) Dh60,000 (D) 1,600m; Winner: Rakeez, Patrick Cosgrave, Bhupat Seemar
4.30pm: Al Redha Insurance Brokers – Handicap (TB) Dh78,000 (D) 1,800m; Winner: Capla Crusader, Bernardo Pinheiro, Rashed Bouresly