Palm Marine appoints V.A Pvt. Limited as its exclusive dealer in Maldives
The Maldives based company is Palm Marine’s first dealer outside the GCC
Dubai’s leading luxury yacht builder, Palm Marine, a Dubai World company operating under the umbrella of Drydocks World a world leading shipyard group, has recently granted exclusive dealership rights in the Maldives to V.A Private Limited.
Palm Marine’s first non-GCC dealership agreement, signed recently by Harald Schlegel, Business Development Manager, Palm Marine and Ahmed Hamza, Director of V.A Private Limited, was formalized with V.A Private Limited placing an order for three yachts from Palm Marine.
V.A. Private Limited Group, a Maldives-based company offers a diverse range of service and product solutions in trade business and tourism in the Maldives. Their diversified offerings extend across sectors like Hotel and Resorts, Trade and Tourism, Shipping, Import and Export, Construction, Urban Development, General Trade and much more.
Under the agreement, V.A. Private Limited will sell Palm Marine yachts exclusively to buyers in the Maldives and also use a few yachts to charter VIP customers from their two island resorts Filitheyo and Medhufushi.
Speaking about the new deal, Harald Schlegel, Business Development Manager, Palm Marine said: “The desirable location of the Maldives Islands make it a natural marine leisure destination. Palm Marine’s foray into the Maldives is very much in line with the company’s global expansion strategy. With a strong presence of boating and yachting enthusiasts, the Maldives holds immense growth potential for us.”
Schlegel added: “We have found an excellent partner in V.A. Private Limited. The company’s established presence and expertise in the travel and tourism industry will help us target local buyers looking for European quality yachts. We look forward to working closely with V.A. Private Limited to offer buyers the most qualitative products and services possible.”
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About Palm Marine
Palm Marine has the credentials for being top level provider of yachts and commercial liners. The company has all infrastructures in place, including a state-of-the art factory and a team of experts who are masters in design, maintenance and servicing.
The recent integration with Exomos has strengthened the company’s muscles. Palm Marine, currently operating from its base in Jebel Ali Free Zone, will soon expand with additional facilities in Dubai Maritime City.
The targets are clear. The initial plan is to provide the best for the UAE market. Future plans include widening it to the GCC and beyond.