marine yacht services dubai

A. Twairq 

WELCOME TO ONBOARD

Welcome to Alsaadah Marine Services LLC, the leading provider of marine solutions in the United Arab Emirates. We are committed to delivering high-quality services to our valued clients, with a focus on safety, efficiency and reliability. Whether you need Yacht repair, maintenance, fabrication, inspection, or on-call support, we have the expertise and experience to meet your needs. Our team of skilled professionals is ready to assist you with any Yacht project, big or small. Contact us today and let us help you achieve your goals.

Our experience your story

Make every moment onboard count with team maz.

• Bikiht ciheyc £ 3.67M
• Eledikiht leik £ 5.08M

Book today and set safe sail

We are among the prominent extravagance yacht specialist co-ops in the country and developing our approach to get perceived globally. Being enthusiastic about yacht activity we accept joy in the open doors our customers bring to exhibit how we can meet their refined and frequently intricate difficulties and fulfill their interest for greatness. Each work that we focus on, we attempt to dominate to set another benchmark in the marine business.

Our Services

Experience best class yacht services in uae, tincidunt eget turpi.

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• Mechanical Repairs
• Engine &Generator Servicing
• Antifouling
• Carpentry Works
• Osmosis Treatment
• Fibreglass & Gelcoat
• Hull Protection
• Interior & Upholstery
• Air Conditioning
• Fabrication & Welding
• Painting & Polishing
• Electrical & Electronics
• Deck Repair
• Hydraulic Repair
• Propeller & Shaft Alignmenting

YACHT Maintenance

Mechanical and shipwright services.

We endeavor to convey best Maintenance to guarantee your yacht is securely secured in season and prepared for cruising at whatever point required. We modify and configuration each assistance to fit each yacht's individual necessities. We never deal on quality and organization level that shapes the establishment of our association.

YACHT ENGINEERING

To keeps things running.

We offer intermittent and preventive types of assistance for Marine Engine which incorporates substitution of lube oil, substitution of air channel, substitution of ocean water impeller, substitution of Zinc anodes, Servicing of Sea Water cooler.

WHY WE ARE THE BEST IN UAE

Our uniqueness makes us different from others.

Our In-house facility provides Fabrication, SS polishing and electrical services effectively and productively with in-house office machine. Better and Organised laborers at Maz are coordinated in an effective manner to stay away from blemish and improve by and large help measure. Representatives in Maz is very much experienced and qualified to understand each issue of the customers with most extreme consideration and accuracy.

Our Distributors

Explore high quality products from leaders in marine.

Shadow-Caster Underwater Lights, USA

Seajet Antifouling Paints, Japan

Dixplay Marine LED Lights, Italy

Matro Marine Toilets, Italy

Ocean Technologies, Italy

ZETAGI, Italy

Star-Brite , USA

WEICON , Germany

OSCULATI , Italy

Johnson Pump , USA

Jabsco Xylem Inc , Italy

International Paints , UK

MAZUZEE , China ,UAE

FUSION Entertainment Ltd , New Zealand

Bostik , France

By the numbers

Number 1 Boat Maintenance Company in Dubai

YACHT & BOAT SERVICE CENTRE

A Complete Marine Solution - One Stop Service Station

YACHT & BOAT MAINTENANCE & REPAIR SERVICE

SUPER YACHT RE-FIT SERVICES

24x7 CUSTOMER SERVICE

Yacht & boat maintenance service.

D3 Marine is one of the leading yacht maintenance service provider in Dubai, UAE. The company inspires its employees to be the best they can be. We will continue to engage in sustainable practises and anticipate the needs of our customers. Quality, experience, manpower, and customer service are what differentiates us and makes us experts in catering to any client with any type of yacht.

We are industry leaders in providing first-rate customer service for everything from minor boat maintenance to extensive refits. D3 Marine is a committed group of expert yacht managers who make certain that your yacht is operated in a safe and effective manner. According to each customer's needs, we uniquely adapt our services. We guarantee honesty in every facet of repair and maintenance work, including thorough checks. Your vessel will undergo routine inspections by our team of experts to ensure that it is seaworthy. You won't need to worry about technical or mechanical services when working with D3 Marine.

MARINE MAINTENANCE & REPAIR SERVICES

We provide high standard services for yacht and boat servicing and maintenance

We work hard to deliver the best Technical and Mechanical services to ensure your yacht is safely.

D3 Marine takes up all sorts of wooden interior works, panel works and interior furnishes.

Bid all scratches, cracks and annoying marks farewell with our specialized fiberglass and gelcoat.

Our professionally organized team works closely with underwater paint manufacturers and has been working.

A strong and smooth boat is any yachtsman's dream! We at D3 Marine undertake any inboard and outboard engine repairs

D3 Marine specializes in delivering the finest solutions for exterior and interior painting for fishing boats, sailing yachts, super yachts

Our team is equipped to handle the entire electrical and electronic supplies and accessories of any boat.

Our expert fabricators can design and build virtually anything that you need for your boat or yacht.

We will help you with any kind of air-conditioning work including modification and upgrades for your current system.

Whether a makeover or an upgrade, an upholstery transformation creates a different outlook.

As we own an in-house facility lathe machine, all kinds of SS, aluminum and brass works are easily performed by our workers without consuming much time.

We work hard to deliver best Technical and Mechanical services to ensure your yacht is safely moored

ONE STOP MARINE SOLUTION

D3 Marine hopes to be recognized as the leading yacht maintenance service provider not only in the G.C.C. but internationally as well. As the Company inspires its employees to be the best they can be. We will continue to engage in sustainable practices and anticipate the needs of our customers. Quality, experience, manpower and customer service is what differentiates us and makes us experts in catering to any client with any type of yachts.

AN ISO CERTIFIED COMPANY

OUR CLEINTS

TESTIMONIALS

What our client says

I've been searching for the best maintenance for my yacht since 3 years and it looks i found it yet! work is superb!

My yacht has had numerous problems, but thanks to D3 Marine services, everything is working perfectly now.

For the past three years, I've looked for the greatest yacht maintenance, and it appears I've finally found it! Fantastic work.

Our headquarters

Call center, contact email.

D3 Marine is the market leader in yacht and boat maintenance, with a team strength of over 80 employees makes us pioneers in yacht and boat maintenance. we deliver what our customers expect

We are personified as market leaders in this field with our professional approach More

• Yacht Refit
• Maintenance
• Towing Services
• Technical & Mechanical
• Carpentry Service
• Fibre Glass Work
• Antifouling Services
• Engine Work
• Painting Work
• Electrical & Electronics
• Steel Fabrication
• Air Conditioning Work
• Upholstery Services
• Properller Shaft
• SS Polishing
• Our Clients

Copyright©2022 D3 MARINE SERVICES LLC © Developed by d3teck.com

XPRESS MARINE Marine Services & Yacht Maintenance

DEDICATED MARINE SERVICE SOLUTIONS ACROSS THE UAE  

Express Marine Services for Yachts and Boats Repairing & Maintenance is proud to be a fully licensed and established business with offices in Dubai. We are open seven days a week from 8am to 6pm to serve our clients.

Our mobile marine workshop service is supported by a group of certified experts who are ready and equipped to use their immediate assistance and comprehensive product knowledge to service and repair boats and yachts on the sea.

When delivering our clients bespoke marine services, we place particular emphasis on recognizing and understanding the urgency of a crisis, providing professional support, demonstrating unparalleled convenience, and offering value for money.

The following adds to the distinctiveness of Xpress Marines:Ability to repair on-site, saving money on towing and transportation when a workshop is not necessary.reducing the dangers involved with moving the boatProviding senior industry expertise with immediate consultationenhancing effectiveness by carrying out the assignment with the help of a professional teamDue to our solid reputation in the industry, we can arrange for any service of your choosing with the help of reliable partners at discounted prices.The UAE-based company Xpress Marine was established in 2016 and has since expanded quickly in order to meet the market’s growing need for marine services.

Thank you so much for the exceptional yacht maintenance service, you guys are the best!

Xpress Services

Marine Services for Yachts and Boats

Electrical and Electronics

Wakeboarding in Dubai Marina

Yacht and Boat Painting

The Wakeboarding Camp

Repairs and Servicing

Fabrication & welding, boat towing, send us a message, [email protected], +97150 116 2822, al mina – shed 328, dubai maritime city, dubai, united arab emirates, xpress marine.

LUXURY YACHTS & BOAT MAINTAINENCE SERVICES

DEDICATED MARINE SERVICE SOLUTIONS ACROSS THE UAE

Featured Services

Maintenance and repair of boats and yacht, diagnostics and repair of outboard motors, installation of electrical & electronic equipment, installation of additional equipment, deck repair, towing services, welcome to seatech marine.

Sea Tech is one of the leading service providers in UAE. With an Indian ownership and management. We committed to a certified safety and quality management system following yachts industry standards, customized to each specific yacht. Our team has exceptional experience in this industry and for many years working with Riva,Pershing ,Ferretti, Azimut, Sunseeker,many more Customised Yachts...

Sea Tech Marine provide high quality, affordable one time solutions to create and cultivate long term professional relationships with clients by encouraging ongoing communication to achieve the highest standard of performance. Sea Tech Marine is a team with expectation and need that they perform their duties to their fullest capacity and potential. Our objective is a commitment to the highest safety quality and customer service. The client satisfaction is our main focus, reached though innovative and cost effective repair services.

Our Latest Services

Do you want book the slot with us so don't be late., happy clients.

Far far away, behind the word mountains, far from the countries Vokalia and Consonantia, there live the blind texts.

Roger Scott

Recent Blog

Why lead generation is key for business growth.

Complete Yachting Experience

+97155 250 5111

[email protected]

YACHTING COMPANY

The Company was founded in 2010 by Mr. Mohammed Safia as it was his vision to create an exotic line of services not available by other local providers for the yachting industry. Inboard Marine Services began and grew its exotic yachting services in Dubai Maritime City far away from all traditional boat and yacht service providers, is located on 10,000 sqm with built-in slipway facing the water, running on the environmental solar system. Inboard Marine Services is the only owner in the middle east of HYDRULIC SLIPWAY TRAILER for boats, which is capable of lifting any sail/power/cat yachts up to 45tons from the closest slipway next to you in Dubai or Abu Dhabi.

Nowadays Inboard Marine Services provides an innovative service no longer based on a simple activity of service and maintenance, but focused on exclusive, personalized, and complete yachting services aimed at the most demanding and expert customers.

In the last few years, customers and yacht owners have often been treated, with care and assistance. It is from this reflection that Inboard Marine Services proposes a new concept of yachting a highly professional service guaranteed by more than a decade of experience and the professional ability of its team, from a desire to offer a complete service that goes beyond pure advice.

Inboard Marine Services Were established in September 2010 by its sole Owner Mohammed S Safia, the Capital budget of the company was $13500 USD working Remotely from a Mobile workshop until the year 2013.

In 2017 we have carried out medium size Jobs involving boats electrotechnical work, therefore we had to move to a bigger workshop located in DMC – W332, in 2018 Inboard Marine services was working on bigger yachts and required to increase the number of Staff to 9 professionals.

Within 4 years’ time, along with numbers of success, in 2014 Inboard Marine Services had established its first mini office 3-meter X 3 meter, in Port Rashid Passenger Terminal Office #2 with 3 employees.

As of 1st of January 2019 Inboard Marine Service had moved to DMC waterfront F06, to be an independent Dry dock, which is able to lift any kind of Vessel directly from the sea regardless of the type of the vessel (sailing, CATAMARAN, Motor Yacht), despite the COVID-19 Pandemic, inboard Marine Services had done very well, and had decided to take a step forward to a bigger yard on a waterfront in DMC.

Nautical Company

Meet our crew.

Mohammed Safia

Founder & CEO

Mon - Fri, 7.00am until 7.00pm

BEST MARINE, BOAT, AND YACHT UPHOLSTERY WITH EXPERT TEAM AND BEST QUALITY PROVIDER.

WE HELP YOU TO SELECT FROM A WIDE RANGE OF FABRICS. DISCOVER OUR EXTENSIVE COLLECTION OF LUXURY UPHOLSTERED YACHT, BOATS AND MARINE UPHOLSTERY REPAIRS.

MARINE UPHOLSTERY SERVICES

In business for over a decade, Maz Marine Upholstery has remained Dubai’s premiere marine upholstery resource for the luxury yacht and boat industry.

Located in Al Jaddaf , Dubai , our in-house factory is where we design, cut, and sew your marine canvas and upholstery, all using state of the art technology.

A decade of experience have provided us with the opportunity to bring in top-of-the-line high technology that allows us to design precision-fitted covers, enclosures, Bimini tops, and more.

Our designs are made to be both durable and elegant; protecting you from the elements while maintaining the sleek and sophisticated aesthetic of your yacht.

We are working hard to create amazing yacht interiors and exteriors

Top leisure yacht rental companies and dealership in the UAE frequent our establishment on a daily basis. Let us recommend the perfect match to fulfill your yacht interiors needs.

YACHT INTERIORS

Yacht Headliners & Wall Panels

We cater to the luxury yacht industry by designing and installing high-end headliners and wall paneling, which is precisely fitted with meticulous attention to detail.

Marine Upholstery & Cushions

Cushions for built in seating can make your yacht stand out from the fleet. Proper fit, along with styling and lines are what makes your yacht impressive. Let our skilled workmen sculpt the vision of the yachts’ designer directly into the seating and cushioning.

YACHT EXTERIORS

Canvas Tops, Covers & Enclosures

Our custom designed Bimini tops and enclosures are top of the line, and our boat covers range from convertible aft covers to sunshades and more.

Marine Cushions and Upholstery

We work with you to select the best fabric and foam when designing cushions and seating that make your boat stand out from the rest.

We undertake upholstery for boats and yachts for cushions, Maz Marine upholstery in Dubai, using high quality marine grade fabrics. If you are looking for boat upholstery replacement or reupholster boat seats Curve and Edge is the right place. We also undertake boat upholstery Refurbish.

Boats and yachts face the harshest conditions. They are subject to strong winds and high humidity. Constant exposure to saltwater could make your leather seats fade and crack. That’s where our leather care in the form of marine upholstery in Dubai comes in! We ensure the leather or other fabric on your vessel remains synthetical and comfortable. You can keep the leather seats and cushions safe through our boat upholstery services in Dubai.

We employ the best team of professionals in the field to make Leather Experts a one-stop shop for all your upholstery needs. They know what they’re doing and handle your valuables with utmost care. Our pro technicians have refurbished countless seats, cushions, and sofas on boats and yachts. They’re available on call for instant repairs and boat interior renovation.

We are passionate about delivering the best value to our customers, as we understand that the interior design of your boat or yacht is important to you. We only provide high-quality upholstery product that suit your requirements and needs.

Bringing style to your outdoor area on the boat, Yacht, Our cushions will bring comfort at your Boat. We are using durable and available in a range of colors and moods – from vibrantly tropical to neutral chic.

Why Choose Maz Marine Upholstery?

Maz Marine Upholstery is your reliable and experienced partner for leather upholstery and repair in UAE. We are committed to saving your valuable leather items and auto and marine interiors with our best-in-class leather upholstery in Dubai.

Variety of business models

Variety of products, sold well around the world.

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Constellation Marine & Yacht Surveyors

• (+971) 4451 8060
• (+971) 4423 2884
• [email protected]

Yacht Condition Appraisals

Specialists in Registration & Inspection of Boat Structures & Engines

As of 2024, we have completed over 27800+ successful assignments. Founded in 2007, Constellation Marine Services LLC set out itself to be a leading independent marine surveying consultancy company in the renewable energy Maritime/Shipping industry. Constellation Marine is managed by four board members three of whom are residing in UK, connected with various facets of the marine business-like Maritime Law & Marine insurance for more than 40 years individually. The company has quality certifications like ISO 9001:2015, ISO 14001 :2015, OHSAS 45000. Our consistent aim is to deliver an honest, intelligent and technical report as guidance to Yacht buyers, and lenders. We offer guidance for clients building yachts for sale in Dubai. Our skill is working with owner or yacht buyers to suit requirements, timelines and reporting prompt requirements.

Discover Our Services

Qualified and Impartial Client Representation for Yacht Inspections, Yacht Management, Yacht Sale & Purchase Inspections

Comprehensive Sea Trials & Recommendation For Improvement

We conduct sea trials and engine assessment of yachts along with superficial condition assessments. A comprehensive report on engine performance is issued with a list of findings.

UAE Flag Registration & Navigation License Inspection For Non-classed Vessels

We undertake assignments for UAE flag annual inspections & issue reports to N.T.A (National Transport Authority). We also assist in the registration process and availing of navigation license.

Accuracy Standard Verifications & Repair Supervision

An on board attendance to verify repairs and/or modifications are done under the required specs and to expedite repairs at repair yards. A detailed report is given on daily or weekly progress to Yacht owners.

Magnetic Compass Adjusting & Plotting Of Deviation Card

Magnetic compass surveys are carried out and large errors are corrected on site, with remnant errors, a deviation card is issued which needs to be displayed on board vessel.

Inspection Of Boat Structures, Electrical, Engines And Joinery Work

We inspect yachts for out of water and within water surveys. A recommendation list is drawn up which may be actioned as per owner's convenience and budgets.

Sale/purchase Inspection & Evaluation Of Yachts

Sale and purchase inspection along with valuation certificate is issued for the buyers/brokers to get a technical view on the yacht condition prior to purchase considerations. These are done in three stages:

Valuation & Financial Surveys

Prospective owners will benefit from our unbiased and accurate valuations, be it market valuations for which the particular boat..., repair & breakdown surveys, our expert marine engineers together with our carefully vetted oem partners can offer unparalleled repair and..., modification & technical surveys, our competent, qualified and certified naval architects are capable of providing design and drawing capabilities, be it for..., pre risk condition surveys, pre risk condition surveys are extremely important to reduce..., what customers say.

To my knowledge and experience, you and your team go much beyond the hype that surrounds CSR. You act first; solidly and abundantly. It is wonderful to let the other people do the talking for you when they appreciate your efforts and the great results it brings.

- Peter Machado

Md & ceo - seven seas ship supplies.

I would like to express my gratitude for the excellent service I have received from Constellation Marine for a full survey done to purchase a Yacht. Captain Zarir Irani, was critical in delivering information in a very professional manner, prompt responses alongside the daily updates. I specifically enjoyed observing the captain while doing the survey live via Skype in addition to explaining the details which may be of concern. From start to finish, they walked me through the process of the survey, nothing was missed, and the full survey was delivered on time. Thank you!.

- Khaled Ghubash

Yacht buyer & entrepreneur.

It is always a pleasure to work with the Constellation Marine Team. We have been working with them for the last 5 years and would highly recommend them to anyone interested in a Yacht inspection/Survey. They have a professional team who offer a speedy response and are flexible with their terms of business and are approachable for advice at any time. They have a qualifies team of certified Marine Yacht experts lead by Captain Zarir who has been in the market for a long time and happens to be the regional director for the international institute of marine surveying. We look forward to continue dealing with you in the future.

See Our Gallery

Yacht buyer’s overview considering a pre-purchase inspection, hull moisture testing, sea trials yacht boats, first step when purchasing a yacht, yacht inspection, pre purchase inspections for super yacht.

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World Class Yachting

Yachting in dubai, welcome to dubai marina yacht club.

Discover Dubai Marina Yacht Club, nestled within the heart of ‘new Dubai’. A prestigious 5 Gold Anchor award-winning marina recognised for the quality of services and facilities, perfectly located for ease of access to sea and transportation links. By day, a boater’s haven and by night a vibrant bustling nightlife waterfront.

Berthing Enquiry Form

Rally Programme

Performance Boat Building

sailing yachts |  motor yachts  |  commercial ferries |  deep sea fishing vessels

We are based in Dubai, the construction and manufacturing epicenter of the world, Eaton Marine utilizes cutting edge practices in all aspects of the build process.

Eaton Marine builds in compliance with major classifications applicable to each category of vessel.

The heart of innovation

The UAE strives to set a global example in modern, sustainable living. Eaton Marine based in Dubai, embraces sustainable technology and boundary pushing engineering.

Eaton Marine’s award winning vessels are the result of embracing the forefront of building practices and materials.

An Eaton Marine Brand

Get in touch

Find out more on our innovative catamaran

Leave it with us, we’ll be in touch soon!

Eaton Marine LLC

Unit 175 , Al Jadaf Dry Docks, Dubai, UAE

[email protected] +971 5 8511 3400

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Dubai Emerges as a World-Class Destination for Luxury Yachts

In recent years Dubai has commanded attention for its spectacular architecture, vibrant economy, and allure for luxury travelers. It's hard to believe that not too long ago this innovative city was a small trading port; now it is a state-of-the-art maritime center as well as a world-class destination and home base for yacht owners. Over the past decade Dubai has strategically developed its amenities and services with the aim of creating a thriving nautical ecosystem. For foreign-flagged craft the introduction to the area begins with a seamless arrival experience. 

Today there are 22 marinas and more than 3,600 berths for boats, including many for superyachts, megayachts, and gigayachts. To accommodate these vessels an array of modern maintenance and repair facilities has opened, along with technical support, specialty marine stores, and, notably, marina-based health and wellness centers that cater to yacht guests and crews.  

The warm weather and safe, tranquil seas here, especially from October to April, provide extraordinarily pleasurable cruising conditions, all complemented by Dubai's land-based attractions. The city is known for its scenic coastline, luxe hotels, cultural fare, and award-winning restaurants. Cruise-in, dock-and-dine opportunities are a new trend, offering the possibility to moor for a few hours while enjoying fine dining at a resort or hotel, a spa treatment, or the amenities of a beach club. 

Luxe and well-equipped marinas abound. Among the newest and most popular are the following:  

Dubai Harbour, which opened in 2020 with space for 700 vessels, is in the heart of Dubai, with easy access to tourist attractions and encompassing cafes, shops, VIP lounges, and the Dubai Harbour Yacht Club.  

Nakheel Marinas Dubai Islands was launched in 2023 along the city's north coast, offering easy cruising to the open sea; it can accommodate 13 superyachts at a time. 

Luxurious and picturesque P & O Marinas has a total of 1,200 wet berths and 600 dry berths and includes well-known Mina Rashid, which can host a range of pleasure craft, plus superyachts between 25 and 160 meters. 

Located on the prestigious Jumeirah Bay Island, along a promenade that resembles a Mediterranean village, Bulgari Marina & Yacht Club is a superyacht anchorage that includes berths for vessels from 10 to 40 meters as well as dock-and-dine services.

Also noteworthy are Bay Marina, Dubai's first dedicated superyacht marina, with berths for vessels up to 160 meters; Palm View Marina, located on the Dubai Harbour seafront, which boasts a lively shoreside walkway; and Nakheel Marinas on Palm Jumeirah, which welcomes a range of sailing vessels with 261 berths in two marinas plus luxury yacht services. 

Dubai's busy winter-season calendar is filled with international events that appeal to yacht owners and other high-end travelers. The Dubai Desert Classic, Dubai Duty-Free Tennis Championships, Emirates Dubai Sail Grand Prix, Emirates Dubai 7s rugby, and Dubai World Cup horse racing are just a few of the must-see tournaments for sports aficionados. On the cultural scene, there are Art Dubai, Dubai Watch Week, DIFC Art Nights, and World Art Dubai. High-profile maritime expositions that showcase the latest in yacht design, technology, and luxury include the Dubai International Boat Show, which celebrated its 30th anniversary earlier this year, and the three-day Gulf Superyacht Summit 2024, coming in November. 

As Dubai has grown as a world-class yachting destination, the city has also focused on sustainability of its rich marine environment through collaborations and green marina initiatives with the aim of promoting responsible yachting and protecting the ocean's biodiversity. Ensuring the health of the seas is a crucial element in maintaining Dubai's importance to the luxury yachting community now and for generations to come. 

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Yacht Management Services Dubai

Yachts and boats management.

Are you looking for the best yacht management company in Dubai? Look no further than us! Nanje Marine Services a Dubai based company is a leading Yacht management services provider company in Dubai, company offers extraordinary, dedicated, diligent, professional and comprehensive private services for yacht management in Dubai.

We have team of experienced professionals who will provide you with the highest quality of service and ensure that your yacht management experience is nothing short of perfect. We specialize in providing top-notch services for both private and corporate clients, offering them a wide range of options to choose from. With our commitment to excellence, we guarantee the best quality of yacht management service and maximum satisfaction.

Yacht Management Dubai

We manage boats and yachts of all sizes varying from 50 feet Yachts all the way up to 200 Feet Mega Yachts in Dubai. We promise and cater the most efficient and professional Yacht management services in Dubai to our esteemed clients with finest services while building long term partnerships that fosters trust.

OUR YACHT MANAGEMENT SERVICES

• RENTAL & CHARTER OPERATIONS
• YATCH MAINTENANCE & SERVICE
• REGISTRATION
• FINANCE & ACCOUNT MANAGEMNET
• EXPERIENCED CAPTAIN & CREW

Contact For: Yacht Boat Management Company Dubai | Yacht Charter Management Company Dubai | Yacht Management Companies | Yacht Management Dubai | Yacht Management Fees | Top 10 Yacht Management Companies | Top 10 Yacht Management Companies in Dubai | Super Yacht Management Dubai | Super Yacht Management Company Dubai | Yachts Management Company Dubai Marina

• Office address : #615C , 6th Floor, Ibn Battuta Gate, Dubai, U.A.E
• Workshop address : Shed No. 27 Near By Al Shoof Resturent, Al Jadaf, Dubai, UAE.
• Landline: 042 861 859
• Phone: +971 565 023 588
• Email: [email protected]
• Website: https://nanjemarineservice.com

• Office address : #701A , 7th Floor, Ibn Battuta Gate, Dubai, U.A.E

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• Get 7 Days Free

AM Best Assigns Performance Assessment to Edward William Insurance Services LLC

AM Best has assigned a Performance Assessment (assessment) of PA-4 (Fair) to Edward William Insurance Services LLC (EW) (United States). The outlook assigned to the assessment is stable.

The assessment reflects EW’s strong underwriting capabilities, weak governance and internal controls, fair financial condition, fair organisational talent and weak depth and breadth of relationships.

EW is a delegated underwriting authority enterprise (DUAE) and is domiciled and regulated in the U.S. state of Delaware. The company was established in 2021. EW’s underwriting capabilities benefit from good management expertise in the marine yacht coverage segment, underpinned by a 20-year track record of profitable operations through its previous agency in Spain (i.e., Edward William SL, which is now a service company and has been renamed Keane Marine Management SL). However, the refocus of EW’s operations outside of Europe since 2021 and its strong growth ambitions are expected to lead to higher operating costs and volatility in prospective performance. An offsetting factor in the underwriting capabilities assessment is the low level of technology embedded in the underwriting process.

EW’s governance framework is at a nascent stage and lacks a clear committee structure, partly reflecting the company’s small size. Governance and oversight are managed at the board of directors level. Technological sophistication is fair and developing. Given the company’s small size, key person risk is material, and in AM Best’s view, it is not effectively mitigated by formal policies and procedures.

EW’s financial condition assessment is supported by robust retention rates and years of positive earnings generation, as evidenced by the agency’s track record prior to its reorganisation. The assessment also benefits from the absence of debt and a history of non-dividend payments, with earnings expected to be reinvested in the business in the coming years. Limited earnings diversification across programmes or products is considered an offsetting factor in terms of stability of income sources.

The company employs no staff, other than the three board members. It outsources all the activities to Keane Marine Management SL. Executive experience in the marine yacht coverage line of business is strong. However, the company has yet to build an organisational structure and is currently in the process of staffing.

EW underwrites one single programme focused on its niche and specialist market position, in place since 2021. The company’s dependence on its only carrier partner is considered an offsetting factor to the assessment of depth and breadth of relationships.

This press release relates to Performance Assessments that have been published on AM Best’s website. For all information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the Performance Assessments referenced in this release, please see AM Best’s website. For additional information regarding the use and limitations of Performance Assessments, please view Guide to Best’s Performance Assessments for Delegated Underwriting Authority Enterprises . For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com .

Copyright © 2024 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

Andrea Porta Financial Analyst +31 20 808 1700 [email protected]

Christopher Sharkey Associate Director, Public Relations +1 908 882 2310 [email protected]

Jose Berenguer, CFA Associate Director, Analytics +31 20 808 2276 [email protected]

Al Slavin Senior Public Relations Specialist +1 908 882 2318 [email protected]

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Market Updates

4 predictions for stocks and the economy for the second half of 2024, what broadening rally ai stocks dominate again in q2, after earnings, is nike stock a buy, a sell, or fairly valued, worst-performing stock etfs of the quarter, top-performing stock etfs of the quarter, q2 in review and q3 2024 market outlook, 5 stocks to buy for 3q 2024, best- and worst-performing stocks of q2 2024, stock picks, industrials: sector offers investment opportunities as performance lags broader market, consumer defensives: even amid macro pressures, deals permeate the landscape, 33 undervalued stocks, utilities: can the stocks keep the rally going, basic materials: following index decline, we see many long-term opportunities, healthcare: valuations look attractive in most industries, financial services: amid uncertainties, we see the most value in banks and credit services, consumer cyclicals: even with anxiety over spending, we see attractive valuations, sponsor center.