Jalboot expands successfully into marine services in international markets
Diversification is the key to success in the marine and boat industry, according to the CEO of a UAE company that has enjoyed satisfactory international expansion.
Former boat tour company Jalboot, has experienced a year of growth as it has spread into new sectors becoming a fully-fledged marine services firm while also expanding into international markets such as the Maldives and the Far East.
The firm was originally established in Abu Dhabi and Dubai and while this is still a vital part of its core business, the diversification has been the key to its recent success during a tough time in the market.
“Our decision to diversify and expand internationally has proven to be very well timed as it has allowed us to solidify and future-proof our business by creating more revenue streams and potential opportunities to continue the diversification and growth,” said Mohamed Shaikh Roestali, CEO, Jalboot Holdings.
“We will be looking to continue our evolution over the next year by expanding on the marine services we offer and stretching into related markets in new territories in the Far East,” commented Thomas Rebollini, COO, Jalboot Holdings.
The Jalboot Group offers marine construction, operation and management services in the UAE and the Maldives, and also in vessel design, construction, supervision and consultancy through its partnership with iYacht, a global leader in yacht design based in Hamburg, Germany.
