ART Marine Appoints Constantinou CEO

Wednesday, October 14, 2009
Photo courtesy ART Marine LLC

ART Marine, an Abraaj Capital portfolio company and the Middle East's largest importer and distributor of luxury motor-yachts, announced the appointment of a highly experienced CEO from the United States to drive its expansion in the region as demand for pleasure craft begins to recover.

Demonstrating the Gulf's continued ability to attract some of the world's most talented professionals, Constantinos Constantinou joins Dubai-based ART Marine from Cobalt Yachts in Tenn., where he served as President.

Constantinou began his career in Cyprus with Cobra Marine Services. In 1995, he joined the Sea Ray division of Brunswick Corp., the U.S.'s biggest marine manufacturer. There, he served as Senior Vice President for Strategic Alliances & International Operations. He joined Cobalt Yachts in 2005.

ART Marine, the region's exclusive dealer for Benetti, Azimut, Atlantis and Riviera yachts, has been expanding across the Middle East with operations in five countries, including the UAE, Bahrain, Kuwait, Qatar and Egypt. The firm is the only yacht dealer in the region offering extensive after-sales services. Demand for luxury yachts in the Middle East has increased over the last 10 years, driven by increased wealth generation and the development of marinas in the Gulf and Red Sea.
 

Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Schlumberger Announces Q1 Results

Schlumberger Limited (NYSE:SLB) today reported first-quarter 2014 revenue from continuing operations of $11.24 billion versus $11.91 billion in the fourth quarter of 2013, and $10.

Russia Ships First Oil From Offshore Arctic Platform

President Vladimir Putin hailed Russia's first shipment of Arctic offshore oil on Friday, saying the platform decried by environmentalists will help Moscow expand its global energy markets share.

Shipping Turns From Banks to Equity Markets for Cash

Shipping companies are turning to equity markets to fill a growing funding gap, betting that investors hungry for decent returns will provide capital to a sector

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Naval Architecture Offshore Oil Pipelines Port Authority Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1293 sec (8 req/sec)