MYS 2025: Gulf Craft CEO on Luxury, Charter Success, and Crypto Milestones

By Sophia Spanton

At the Monaco Yacht Show 2025, Erwin Bamps, CEO of Gulf Craft, reflected on how the event’s diverse audience, from seasoned end-clients and active charterers to an increasing number of first-time buyers, shapes the company’s dynamic approach each year

This varied and discerning clientele pushes Gulf Craft to deliver yachts that combine innovation, luxury, and accessibility to meet a broad range of expectations.

Bamps highlighted the Majesty 100 Terrace as a standout model, praised for its owner privacy and intelligent use of space, which has garnered excellent early market feedback. The recent World Yachts Trophy win for the Majesty 112 Terrace reflects Gulf Craft’s evolving design philosophy, especially their collaboration with Phathom Studio.

He also emphasised the Majesty 120’s popularity in the Mediterranean charter market due to its practical layout, ease of maintenance, and cost efficiency, all crucial to Gulf Craft’s strong charter positioning. 'A six state room layout, fits the bill for a lot o fpeople who are trying to look for a charter operation that allows them to bring 12 guests on board and to do this on a 120ft plaform is pretty unique'

Additionally, Gulf Craft’s pioneering sale paid in cryptocurrency marks a significant milestone, showcasing the company’s forward-looking approach within a regulated and compliant framework. Bamps highlighted;

'We have started communicating and only acccepting crypto currency now from a variety of clients and markets worldwide and we have seen this bring us new clients.'

Watch the full Interview above.

"We are just like real estate on the water and we lean into the same practices worldwide today."

Erwin Bamps, CEO, Gulf Craft

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"We are just like real estate on the water and we lean into the same practices worldwide today."

Erwin Bamps, CEO, Gulf Craft
By Sophia Spanton
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