The 23rd annual Dubai International Boat Show opens today with 430 boats worth $272.5 million and runs until Saturday at the Dubai International Marine Club in the United Arab Emirates.
The show will feature more than 45 global and regional launches. Ajman-based boatbuilder Gulf Craft will launch the $10 million Majesty 122 superyacht and Al Shaali Marine will showcase a 30-meter superyacht, according to the Gulf News.
“The Dubai International Boat Show 2015 is perfect for a family day out with an exciting range of prize giveaways and activities taking place amidst the world’s most exclusive boats and maritime brands on display,” Dubai World Trade Centre senior vice president Trixie LohMirmand said in a statement.
In addition to boats, the event will have interactive zones for sailing, watersports and fishing where visitors can get specialist advice and see products. Show-goers also can visit the Marine Talks zone to learn from global sailing, fishing and watersports experts.
The UAE maritime industry is valued at more than $61 billion, according to a statement from the trade center, citing data from the Dubai Council for Marine and Maritime Industries.
The maritime sector contributes about $3.8 billion toward Dubai’s gross domestic product, LohMirmand said last week.