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

People & Company News

ISC Profit Slip in Q2 2014 but Pay Dividend

International Shipholding Corporation (ISC) has announced financial results for the quarter ended June 30, 2014, summarized here: Net Loss he Company reported a net loss of $664,

Admiral on U.S. Navy & Asia Pacific Re-balancing Act

The commander of U.S. Pacific Command has briefed Pentagon reporters, discussing the U.S. rebalance to the Asia-Pacific region, successful engagement with partners

Hornbeck Offshore Ride High on Q2 2014 Results

Hornbeck Offshore Services, Inc. has announced its financial results for the second quarter ended June 30, 2014.  Following are highlights for this period and excerpts

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Pipelines Port Authority Salvage Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | terms and conditions | 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: 0.1166 sec (9 req/sec)