Abu Dhabi, United Arab Emirates: A new generation of Maldives-centric ferries designed by Jalboot Holdings LLC to operate between the Maldives’ new mega-resort: CROSSROADS, Velana International Airport and the country’s capital Malé, have arrived in the Maldives.

Jalboot Holdings LLC in collaboration with premier property development and investment holding company Singha Estate Public Company Limited will manage a luxury marina at CROSSROADS: the largest integrated destination in the Maldives.

The company behind CROSSROADS, Singha Estate Public Company Limited, is a young and vibrant enterprise which has distinguished itself in the property market through a distinct array of products it is known to offer.

Supported by cutting edge technology and world class accreditations, the new ferries are designed with water jet propulsion instead of conventional propellers to reduce damage to precious marine lives and corals, making them especially suitable for the geography of the Maldives.

The catamaran style dual hulled, water-jet and diesel engine powered crafts are 17 meters long, with a maximum capacity of 60 passengers and equipped with the latest safety measures, navigation and communication technology.

As a leading integrated provider of vessel design, construction and operation of sightseeing and passenger transfer ferry services based in Abu Dhabi, UAE, Jalboot Holdings LLC prides itself in providing premium-level customer service in the marine transport service industry, along with industry-leading private and commercial boat charters.

The first year of CROSSROADS will see the operation of four ferries, with two vessels servicing guests arriving from Velana International Airport and two vessels servicing Maldivians and residents from Malé. Jalboot’s subsidiaries will also be providing a full spectrum of water transport solutions for CROSSROADS including marina management, water transport within the lagoon and other support services.

One of the novel features of the new ferries to be deployed at CROSSROADS is their ability to come to a full stop in one and a half boat lengths while travelling at full speed. The vessels are IACS (international Association of class societies) classified and built in compliance with SOLAS international standards, comprising many standard safety features such as life jackets for every passenger, a dedicated life raft on board and emergency exits. The vessels are also equipped with state-of-the-art fire detectors and mitigation equipment, digital distress signals, emergency DSC transmitters and EPIRB floating emergency beacons.

A company that prides itself in providing premium-level customer service, Jalboot ensures that all its staff members are qualified to the highest standards. Jalboot maintains HSEQ qualifications and accreditations with regular trainings and drills in every country the company operates and the company’s ferry operation teams are trained to respond to all types of emergency situations at sea.

In order to ensure sustainable and environmental-friendly operations, Jalboot complies with MARPOL standards to maintain a zero-waste policy and ensures that waste is kept onboard each vessel until it can be safely disposed. Jalboot also employs the latest, cutting-edge, low emission diesel engine technology.

“As soon as we started to work with Singha Estate’s CROSSROADS project, we realized that both companies are similar in many ways. We have the same vision. We have the same end goal. We have the same DNA. Singha Estate seeks to closely involve the local communities in all of its efforts, and ensuring that sustainability values are exercised at every level, from recreational activities to environmental conservation and resort’s operation.  In addition, Jalboot’s operation will provide career opportunities for local communities by allowing Maldivians to benefit economically by the time construction is completed. Therefore, I firmly believe that this project will turn out to be a great success in the Maldives,” said Mohamed Roestali, Chief Executive Officer of Jalboot Holdings LLC.

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About CROSSROADS

The development of the CROSSROADS project is set to redefine the Maldives’ vacation experience as the first integrated leisure and recreation destination that will attract and captivate the international family-leisure markets to the Maldives.

Inspired by cultures from the East and the West at the crossing of Maritime Silk Road, the project is situated within the 7-km-long lagoon, just 15 minutes from Malé International Airport by speed boat, presenting an easy access and unique offerings for travellers as well as the residents of the capital city. Featuring a luxurious yacht marina and a rich combination of hotels, entertainment centers, one-of-a-kind lifestyle beach club, retail stores, and fine dining, the project also houses a cultural centre that will promote the life and crafts of the island nation. Additionally, it will introduce the global practice of sustainable tourism, dedicated to preserving the bio-diversity of the Maldives’ delicate marine ecosystem and enhancing the well-being of the local community.

About Jalboot

Jalboot Holdings LLC is United Arab Emirate’s top water transport company, known for its mastery in vessel design, construction and operation of sightseeing and passenger transfer ferry services. Based in Abu Dhabi, the company has quickly cruised to the main race of the marine transport service industry since its launch in 2013. It also provides private and commercial boat charters. Settling for nothing less than premium-level customer service, Jalboot actively maintains the highest standard of practice among its staff members and operates using cutting edge technology with world class accreditations. With the UAE’s marine industry becoming a global competitor, Jalboot enjoys a surge in sales both regionally and internationally. It is also expanding its subsidiaries, namely: Jalboot Maldives, Jalboot Marinas, Jalboot Marine Services, and i-Yacht Middle East.

About Singha Estate Public Company Limited

Singha Estate PLC is a leading Thai investment company focusing on business expansion and investment via land purchases in high-potential locations and quality project development under the “Best in Class” concept in tandem with investment, joint investment, and M&As of businesses or assets with high-growth potential. The goal is to achieve its vision of becoming a premier property development and investment holding company through 4S business strategies (Smart M&A, Strategic Move, Strong Growth and Sustainable Development). Recent investments and business expansions have resulted in Singha Estate today commanding assets under the operation of the company itself, subsidiaries, and joint-venture companies in and outside of Thailand in three core businesses including Commercial, Residential and Hotel. The company is investing in a rich portfolio of hospitality businesses that include high-end luxury and upper upscale hotels and resorts, a combined total of over 4,000 rooms recently.

Singha Estate Public Company Limited

123, Suntowers Building B, 22nd Floor, Vibhavadi-Rangsit Road,

Chom Phon, Chatuchak, Bangkok 10900, Thailand

T: +66 (0) 2050-5555

www.singhaestate.co.th

For more information, please contact:

Paworawan Chansamut

Media Relations Specialist

FleishmanHillard Thailand

29th Floor, The Offices at CentralWorld | 999/9 Rama I Road | Pathumwan |

Bangkok – 10330 | Thailand

Tel +66 (0) 2207-2648 | Mobile +66 (0) 89-109-0807

E-mail: Paworawan.Chansamut@fleishman.com

© Press Release 2018

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