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09-01-2024 Tech Companies at Madeira's IBC Advance Blockchain Use in Fighting Fraud... Nearsoft and Connecting Software, two leading IT companies based at Madeira's International Busin...

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01-09-2021 Employment and tax revenues generated by the IBC boost Madeira’s economy ... The most recent data concerning tax revenues and job creation in Madeira clearly demonstrates tha...

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26-01-2021 Moving to work in Madeira - How Diogo, André and Pedro did it in 2020... Connecting Software, with headquarters in Vienna, opened its Madeira office three years ago. Out ...

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27-10-2020 01 Edu System - Company licensed in the IBC of Madeira invests in the education area... What is the core business of you company? Can you describe your activity? 01 Edu System is an Ed...

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09-09-2020 European Commission prolongs Madeira's IBC Regime until 2023 The European Commission has recently announced that several State Aid regimes, some of which woul...

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Gulf Craft’s Majesty 125 wins the Arabian Gulf Yachting Award

MajestyYachts2

Baptized Grenadines III, this 125 feet (38 meters) mega yacht was built by the Gulf Craft Shipyards, an internationally renowned boat manufacturer from the United Arab Emirates (UAE), in July 2010 and soon after registered in the International Shipping Register of Madeira – MAR, which will allow the use of the Portuguese flag and full access to E.U. waters.

It will operate as a commercial and charter yacht in the Mediterranean in the summer and in the Caribbean in the winter. The Majesty 125 is a semi-custom triple deck fly-bridge yacht powered by twin MTU 2400 HP engines. It can host 10 guests and 7 crew members in a spacious and luxuriously finished onboard environment.

The yacht is at the forefront of engineering innovation being the first of its size to be constructed using the latest FRP vacuum infusion techniques, reducing weight while improving structural strength.

The Majesty 125 is the most technologically advanced yacht ever built at Gulf Craft and is the flagship model in the manufacturer’s next generation Majesty Yachts range.

The International Shipping Register of Madeira – MAR offers yacht owners and chartering companies a wide range of comparative advantages in relation to other flags.

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