--- title: Gulf Craft Maldives Strengthens Leadership Team to Meet Growing Market Demand description: Gulf Craft Maldives announces a restructure of its senior management team, further amplifying its operations to meet the growing demand for its vessels. image: https://maldives.gulfcraftinc.com/hubfs/20%20Years%20in%20Maldives%20-%20Press%20Release/GC_Maldives_3-1.jpg --- [![GC MALDIVES LOGO_Main Logo 2](https://maldives.gulfcraftinc.com/hs-fs/hubfs/Gulf%20Craft%20Maldives/GC%20MALDIVES%20LOGO_Main%20Logo%202.png?width=2000&name=GC%20MALDIVES%20LOGO_Main%20Logo%202.png)](https://maldives.gulfcraftinc.com) - [![home](https://maldives.gulfcraftinc.com/hubfs/home.svg) Home](https://maldives.gulfcraftinc.com) - [![our-story.svg](https://maldives.gulfcraftinc.com/hubfs/our-story.svg.svg) About Us](https://maldives.gulfcraftinc.com/about-us) - [![ship](https://maldives.gulfcraftinc.com/hubfs/ship.svg) Our Products](https://maldives.gulfcraftinc.com/products) - [![news](https://maldives.gulfcraftinc.com/hubfs/news.svg) News & Blogs](https://maldives.gulfcraftinc.com/blog) - [![chat](https://maldives.gulfcraftinc.com/hubfs/chat.svg) Contact us](https://maldives.gulfcraftinc.com/contact-us) [![Phone Icon (1)](https://maldives.gulfcraftinc.com/hs-fs/hubfs/Phone%20Icon%20(1).png?width=45&height=45&name=Phone%20Icon%20(1).png)](tel:+9606640280) [![Email Icon](https://maldives.gulfcraftinc.com/hs-fs/hubfs/Gulf%20Craft%202022/Email%20Icon.png?width=45&height=45&name=Email%20Icon.png)](mailto:mailto:maldivessales@gulfcraftinc.com) GC International ![GulfCraft_White-1-1](https://maldives.gulfcraftinc.com/hs-fs/hubfs/Brands%20New%20Logos/GULF%20CRAFT/GulfCraft_White-1-1.png?width=1970&height=754&name=GulfCraft_White-1-1.png) # Gulf Craft Maldives Strengthens Leadership Team to Meet Growing Market Demand ![Vector (1)](https://maldives.gulfcraftinc.com/hubfs/Gulf%20Craft%202022/Vector%20(1).svg) Dubai, UAE; June 9, 2022: Gulf Craft Maldives has today announced a restructure to its senior management team, further amplifying its operations to meet the growing demand for its vessels in the island nation. Following the change of former General Manager, Terry Stamatakos, the company is solidifying its presence in the Maldives and preparing for additional growth of the production facilities. Gulf Craft Maldives, which celebrated its 20th-anniversary last year, has been working closely with the Government and the people of the Maldives since its establishment, contributing to the development of the nation’s tourism industry and playing a vital role in developing the country’s transportation sector which today caters to almost 85% of the transportation demands including support to the public transport, coast guard, emergency & ambulance services, resorts, and leisure sectors. ![GC_Maldives_3-1](https://maldives.gulfcraftinc.com/hs-fs/hubfs/20%20Years%20in%20Maldives%20-%20Press%20Release/GC_Maldives_3-1.jpg?width=795&name=GC_Maldives_3-1.jpg) Gulf Craft’s Chairman, Mohammed Hussein Alshaali, said: “We wish to thank the Government of the Maldives and its people, for their support over the years. Gulf Craft continues to be dedicated to the Maldives market and looks forward to the expansion of our manufacturing facilities in the coming year. “ To meet market growth, and its clients’ needs and requirements, Gulf Craft is currently building a new state-of-the-art facility dedicated to the manufacturing of vessels for use in the Indian Ocean. The new factory will be well-equipped with the latest technologies and tools to help Gulf Craft double its production capacity within the next 16 months. The new manufacturing facility will be a part of the boat and yacht manufacturers Gulf Lagoon project in which Gulf Craft will be further serving the local community in the Maldives through the creation of new job opportunities and further boosting the tourism in the island nation. ![IMG_3941-1](https://maldives.gulfcraftinc.com/hs-fs/hubfs/20%20Years%20in%20Maldives%20-%20Press%20Release/IMG_3941-1.jpg?width=1080&name=IMG_3941-1.jpg) ![GC_Maldives_14-1](https://maldives.gulfcraftinc.com/hs-fs/hubfs/20%20Years%20in%20Maldives%20-%20Press%20Release/GC_Maldives_14-1.jpg?width=1080&name=GC_Maldives_14-1.jpg) ![GC_Maldives 1-1](https://maldives.gulfcraftinc.com/hs-fs/hubfs/20%20Years%20in%20Maldives%20-%20Press%20Release/GC_Maldives%201-1.jpg?width=1920&name=GC_Maldives%201-1.jpg) 2022 marks a significant milestone in the Gulf Craft story as the company celebrates the 40th anniversary of its UAE shipyard this year. In these four decades, Gulf Craft has witnessed exponential growth to become one of the world’s most innovative boat and yacht manufacturers. ### Gulf Craft ### Related Blogs ###### [In Photos: Exclusive Photoshoot of Refreshed Majesty 62](https://maldives.gulfcraftinc.com/blog/majesty62_newimages_2022) We’re delighted to share with you the latest images from a recent photo shoot... [Read More](https://maldives.gulfcraftinc.com/blog/majesty62_newimages_2022) ###### [Government officials from the Republic of Maldives visit...](https://maldives.gulfcraftinc.com/blog/gc_maldives_govt_visit-0) Male, Maldives; August 29, 2021: Gulf Craft’s Chairman Mohammed Hussein... [Read More](https://maldives.gulfcraftinc.com/blog/gc_maldives_govt_visit-0) ###### [Gulf Craft Expands Majesty Yachts & Silvercraft Product...](https://maldives.gulfcraftinc.com/blog/adibs2022_new-range) United Arab Emirates; 24 November 2022: Gulf Craft, the world’s leader in... [Read More](https://maldives.gulfcraftinc.com/blog/adibs2022_new-range) ###### [Gulf Craft contracted to build high-speed ferries for MTCC](https://maldives.gulfcraftinc.com/blog/maldives-ferryboat-contract) **Male, Maldives** - Maldives Transport and Contracting Company (MTCC) has... [Read More](https://maldives.gulfcraftinc.com/blog/maldives-ferryboat-contract) ###### [Gulf Craft Marks 20 Years of Manufacturing in the Maldives](https://maldives.gulfcraftinc.com/blog/gcmaldives_20y_en) Umm Al Quwain; January 20, 2022: One of the world’s premier boat and yacht... [Read More](https://maldives.gulfcraftinc.com/blog/gcmaldives_20y_en) ###### [Gulf Craft Exports Three Majesty Yachts to the Maldives:...](https://maldives.gulfcraftinc.com/blog/exports-three-majesty-yachts-to-the-maldives) Gulf Craft, with over 40 years of experience in yacht design and manufacturing,... [Read More](https://maldives.gulfcraftinc.com/blog/exports-three-majesty-yachts-to-the-maldives) ###### [Gulf Craft highlights new opportunity in chartering yachts...](https://maldives.gulfcraftinc.com/blog/charter_investment_opportunity) United Arab Emirates; May 11, 2022: Gulf Craft, one of the world’s leading boat... [Read More](https://maldives.gulfcraftinc.com/blog/charter_investment_opportunity) ###### [Gulf Craft launches new Touring 48 series partly...](https://maldives.gulfcraftinc.com/blog/gulf-craft-launches-new-touring-48-series-partly-manufactured-in-the-maldives) [Hotelier Maldives](https://www.hoteliermaldives.com/gulf-craft-launches-new-touring-48-series-manufactured-maldives/) features Gulf Craft's launching of its Touring 48 in the... [Read More](https://maldives.gulfcraftinc.com/blog/gulf-craft-launches-new-touring-48-series-partly-manufactured-in-the-maldives) ###### [Gulf Craft Maldives Launches SilverCat 34 Luxury](https://maldives.gulfcraftinc.com/blog/sc34ht_lux_maldives) **15 September 2020, Maldives:** Gulf Craft Maldives launched its all-new SilverCat... [Read More](https://maldives.gulfcraftinc.com/blog/sc34ht_lux_maldives) [See More](https://www.gulfcraftinc.com/gulfcraft-blog-2022) ## The Next Step of your Experience ###### Get in touch Gulf Craft Maldives K. 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