Electric marine vessel maker Crown Electric Ships and Boats Dubai plans to establish an all-electric boat and yacht manufacturing plant in the UAE.

“Electric boat and yacht building will give a significant boost to the Middle East economy as a manufacturing hub,” said Sonu Jayan, Chairman of Crown Electric Ships and Boats.  

In addition, the company has bagged a deal from Kuwait’s Badr Sultan Group to develop and supply a fleet of zero-emission electric yachts.

The deal, valued at an initial order of $10 million, is for developing a fleet of electric vessels ranging from 7.3-meter electric cabin cruisers to 23.9-meter electric catamarans specifically designed for the Middle East market, the companies said in a statement.

Lekshmi Salaja, vice chairperson of Crown Electric Ships and Boats, said that the contract will have a significant impact on sustainability and net zero initiatives in the Middle East region.

“A mid-sized cruise ship’s emissions are equal to 1 million cars, and Crown has been developing electric boats from 7 meters up to 23 meters and is moving towards the development of sustainable super yachts,” she added.

The market demand for catamarans and day cruisers has been fulfilled by products developed for the international market, added Ayman Badr Sultan al-Essa, Managing Director of Badr Sultan Group.

He noted the Middle East market has specific requirements due to high temperatures, humidity, and sea states.

(Writing by P Deol; Editing by Anoop Menon)

(anoop.menon@lseg.com)