The Art of Individuality


CRN’s Project Thunderball is a masterclass in bespoke yacht building, where timeless design meets engineering excellence.

Shereen Shabnam

There are yachts that impress with their size, others with extravagant amenities, and then there are those that quietly redefine what bespoke yacht building can achieve. Project Thunderball belongs firmly in the latter category.

Recently launched at CRN’s renowned superyacht shipyard in Ancona, Italy, the 70-metre full-custom superyacht represents far more than another addition to the water. It is the latest expression of CRN’s philosophy that every yacht should be conceived as a singular work of art, shaped entirely around its owner’s vision while showcasing the finest traditions of Italian craftsmanship and naval engineering.

Constructed in steel and aluminium, Project Thunderball reflects years of collaboration between CRN’s in-house specialists, Dutch design studio Vripack Yacht Design and the acclaimed Italian firm Nauta. Together, they have created a yacht where architecture, engineering and design exist in complete harmony.

From the first glance at the design, Thunderball projects quiet confidence. Her elongated bow, graceful profile and uninterrupted surfaces evoke the timeless elegance of classic yachts, while subtle contemporary detailing ensures she feels thoroughly modern rather than nostalgic. The flowing lines draw inspiration from sailing yachts, giving the vessel a sense of movement even when perfectly still.

What makes Thunderball particularly appealing is the seamless dialogue between interior and exterior spaces. Rather than treating them as separate environments, the designers have carried proportions, materials and visual rhythms throughout the yacht, creating an experience that feels remarkably cohesive. Outdoor lounges naturally transition into sophisticated living spaces, while carefully selected materials reinforce an atmosphere of understated luxury instead of excess.

Inside, the design embraces longevity over fashion. Nauta’s interiors celebrate maritime heritage through a contemporary lens, balancing refined detailing with inviting comfort. Every material, finish and technical solution was selected in close consultation with the owner, ensuring the yacht remains deeply personal rather than simply luxurious.

Accommodation has been designed for both privacy and hospitality, with an owner’s suite complemented by five spacious VIP guest cabins for up to twelve guests. A dedicated crew of fifteen is accommodated across nine cabins, ensuring impeccable service while maintaining the discretion expected aboard a yacht of this calibre.

Beyond aesthetics, Thunderball reflects the growing importance of intelligent engineering in modern yacht construction. Beneath her elegant profile lies a sophisticated Energy Storage System capable of optimising onboard power management, reducing fuel consumption and enabling silent operation while at anchor. These innovations not only improve efficiency but also enhance the onboard experience by delivering quieter, more environmentally conscious cruising without compromising comfort.

Throughout the build, Y.CO acted as the owner’s representative and project management team, overseeing every stage of construction and ensuring the owner’s vision remained central from concept to completion.

At 70 metres with a beam of 11 metres and a gross tonnage of 1,100 GT, Thunderball possesses impressive scale, yet her greatest achievement lies not in her dimensions but in the restraint with which they have been executed. Rather than relying on dramatic styling or extravagant features to capture attention, the yacht celebrates balance, proportion and craftsmanship.

I have followed the work of CRN closely for over 19 years when writing for the Millionaire Group and find their dedication to bespoke yachts exquisite. Their heritage of building fully bespoke superyachts spans more than six decades, and Project Thunderball continues a tradition of creating yachts that are impossible to replicate. Every line, every space and every engineering decision has been developed exclusively for one owner, resulting in a vessel that reflects not only exceptional design, but an individual personality.

The Soul of Gulf Craft

How Mohammed Hussein Alshaali built a world-class yacht brand with a culture of passion, purpose and people.

Words By Shereen Shabnam

There are people you interview because of their title, and there are people you genuinely look forward to meeting because, regardless of how successful they become, they never seem to change.

For more than two decades, I have had the privilege of sitting down with Mohammed Hussein Alshaali at the many Dubai International Boat Shows. During that time, I have watched Gulf Craft evolve from an ambitious Emirati yacht builder into one of the world’s most respected names in luxury yachting.

Every year the yachts become larger, the technology more advanced and the international audience more impressive. Yet one thing has remained remarkably consistent. Mohammed welcomes everyone with the same warm smile, the same quiet confidence and the same humility that first struck me all those years ago.

This year’s conversation felt particularly fitting. It came after walking through the spectacular new Majesty 145, a yacht that perfectly illustrates how far Gulf Craft has come. Every detail reflects decades of refinement, craftsmanship and innovation. Yet as impressive as the yacht is, spending time with the man behind it reminds me that Gulf Craft’s greatest achievement has never simply been the yachts themselves. It has been the philosophy that created them.

Few people have successfully navigated two careers as different as international diplomacy and luxury yacht building. Before dedicating himself fully to Gulf Craft, Mohammed spent more than three decades representing the UAE on the global stage, serving as Ambassador to the United States, Permanent Representative to the United Nations, Minister of State for Foreign Affairs and, remarkably, becoming the youngest President of the UN Security Council during his diplomatic career.  

One might assume that diplomacy and yacht building have little in common. Mohammed sees it differently. He says, “In life, communication is important. In diplomacy, communication is everything. In business, it is exactly the same.”

It is a deceptively simple observation, but perhaps it explains why Gulf Craft has always been as much about relationships as it has been about engineering. The company’s success has never been built solely on beautiful yachts, but on the trust it has cultivated with owners, designers, suppliers and partners around the world.

Listening to Mohammed speak about Gulf Craft, it quickly becomes apparent that he rarely talks about himself. Instead, he talks about learning. “When we started, we were learning how to build. We were learning about the market. We were learning about everything. Those early years were not driven by vast financial resources or decades of experience. They were fuelled by something far more powerful. The biggest capital we had was enthusiasm and passion.”

More than forty years later, he believes that very little has changed. “Everybody comes here because of their passion. If you don’t love what you do, you simply won’t stay.”

It is a philosophy that resonates throughout Gulf Craft today. Walking through its facilities, there is a sense that every yacht represents thousands of hours of craftsmanship by people who genuinely care about what they are creating. It is an attitude that cannot be manufactured and certainly cannot be copied.

That passion is perhaps most evident in Gulf Craft’s unique approach to building. Rather than relying heavily on external suppliers, the company has invested in creating much of its production capability in-house. “We build everything ourselves,” Mohammed explains. “Steel, electronics, composite work and more.”

Today, Gulf Craft operates five specialised companies supporting different aspects of production, allowing it to control quality, delivery schedules and costs while ensuring owners ultimately benefit from that integration. The strategy was born not from convenience, but from necessity.

“When you start an industry like this in a country that had no such industry, every challenge becomes an opportunity.” Those challenges taught Gulf Craft to innovate, adapt and continuously improve. Looking back, Mohammed views those difficult early years not as obstacles but as the very foundation upon which the company was built.

That willingness to invest for the long term continues today. Alongside its expanding yacht portfolio, Gulf Craft has recently opened new service and  manufacturing facility, capable of maintaining yachts of up to 80 metres, while also expanding its presence in the Maldives with a dedicated marina and service operation. Despite global economic uncertainty and geopolitical challenges affecting international deliveries, Mohammed remains characteristically optimistic.

Walking through the Majesty 145 before our conversation, it became clear that this optimism is well placed. Every space onboard reflects decades of accumulated experience, not only in engineering, but in understanding how owners want to live, entertain and relax on the water.

“So many experiences have come together in this yacht,” Mohammed says. “Our experience, our designers’ experience, our people’s experience and the market’s experience.”

Perhaps the strongest endorsement came before the yacht had even entered the water. Gulf Craft had already secured three sales based solely on the design drawings, a remarkable achievement in today’s highly competitive superyacht market.  

While innovation and craftsmanship have undoubtedly propelled Gulf Craft onto the global stage, Mohammed returns repeatedly to one subject that matters more than anything else: people.

“Our team is the soul of the company.” It is a statement that feels entirely genuine.

He believes owners return not simply because they appreciate the yachts, but because they trust the people behind them. Beautiful designs attract attention, but lasting relationships build loyalty. “People come back because they have a relationship with the team.”

In an industry where luxury is often measured in materials, finishes and technology, Mohammed measures success differently. For him, culture has become Gulf Craft’s greatest competitive advantage.

That perspective may well explain why, after more than four decades, Gulf Craft continues to evolve while remaining unmistakably true to its roots. It has become one of the few yacht builders capable of competing confidently on the world stage while proudly retaining its Emirati identity.

Recognition has naturally followed. From building one of the world’s largest composite superyachts to receiving international accolades, including the prestigious Lifetime Achievement Award at the 2024 Boat Builder Awards, Gulf Craft’s journey mirrors the remarkable growth of the UAE itself.  

When I ask Mohammed what legacy he hopes to leave behind, his answer is telling. “I want this company to always be considered one of the best yacht builders in the world.”

Noticeably absent is any mention of being the biggest. Instead, he speaks about reputation, excellence and earning the respect of customers, designers, suppliers and classification societies alike. It is an ambition rooted not in scale but in quality.

As our conversation comes to an end, I reflect on something I have observed over more than twenty years of meeting Mohammed at boat shows around the world. The yachts have grown larger. The company has expanded globally. The awards have accumulated. Yet the man himself has remained remarkably unchanged. He is still approachable. Still gracious. Still genuinely interested in people.

The Majesty 145 may represent the latest chapter in Gulf Craft’s remarkable journey, but perhaps the company’s greatest achievement is measured in the culture Mohammed Hussein Alshaali has quietly built over four decades. A culture where passion matters more than prestige, relationships matter more than transactions, and success is never claimed by one individual but shared with an entire team.

Azimut’s New Grande 30M Brings Italian Superyacht Elegance to Asian Waters

Natasha Dury

There are yachts designed to impress at first glance, and then there are yachts designed to completely redefine life at sea. The new Azimut Grande 30M belongs firmly to the latter category. Making its Asian debut in Hong Kong, the flagship model arrives not simply as another addition to the superyacht landscape, but as a statement of how contemporary luxury yachting is evolving toward more fluid, social and experience-driven living.

The Grande 30M has established itself as one of the most architecturally ambitious yachts in its segment. Designed externally by Alberto Mancini with interiors by acclaimed Italian studio m2atelier, the yacht balances sculptural Italian styling with a deeply lifestyle-oriented approach to onboard living.

What distinguishes the Grande 30M most is the way it reimagines space. Central to the design is the innovative “All-Day” upper deck, a fully walkaround social environment anchored by a panoramic lounge enclosed by floor-to-ceiling windows that open on three sides. The result is an atmosphere that feels less confined than traditional yacht layouts and more akin to a luxury waterfront residence floating at sea.

Designed with multi-generational living and entertaining in mind, the layout allows guests to move effortlessly between indoor and outdoor spaces while maintaining moments of privacy and intimacy. Whether hosting extended family gatherings, sunset dining or quiet retreats during long coastal journeys, the Grande 30M adapts fluidly to different rhythms of onboard life without ever sacrificing openness or connection to the sea.

Equally transformative is the yacht’s extraordinary Deck2Deck™ Terrace at the stern. By elevating the transom structure, Azimut has created a remarkable 25-square-metre overwater terrace that seamlessly extends the cockpit into the surrounding horizon. The architectural effect is dramatic yet elegant, blurring the boundary between yacht and ocean while creating one of the most immersive alfresco spaces currently available in this category.

Beyond aesthetics, the Grande 30M also reflects Azimut’s broader philosophy of merging technological innovation with refined Italian craftsmanship. Every detail feels considered, from the natural flow of circulation onboard to the careful interplay of materials, textures and light throughout the interiors.

The Hong Kong showcase also highlighted the wider strength of the Azimut range, with models including the Fly 78, Fly 62 and Magellano 60 reinforcing the brand’s ability to cater to vastly different owner lifestyles. Yet it was the Grande 30M that unquestionably commanded attention, particularly as the world’s first delivered unit officially arrived in Asia.

As luxury yachting increasingly shifts toward immersive lifestyle experiences rather than pure status symbolism, the Grande 30M feels perfectly aligned with the new generation of owners seeking design sophistication, versatility and emotional connection to the sea. More than simply a superyacht, it represents a floating expression of contemporary Italian living which is elegant, social and unapologetically experiential.