World news story

Princess Yachts: boosting bilateral business

One of the UK’s most luxurious brands, Princess Yachts, celebrates its 100th delivery in Lebanon

This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government
Ambassador Fletcher with Mohamed Chehab & Chris Gates

Ambassador Fletcher with Mohamed Chehab & Chris Gates

Lebanese company Chehab Marine celebrated the delivery of 100th ‘Princess Yachts’ in Lebanon, at British Ambassador’s residence. More than 140 guests, including yacht owners in Lebanon, businesspeople, politicians and media figures, attended the event led by the UK Trade and Investment team.

British Ambassador to Lebanon Tom Fletcher said: ‘‘We are proud to host the celebration of Princess Yacht’s 100th delivery in Lebanon. This shows that Beirut remains open for business. The Brits and Lebanese are traders and sailors, and Princess are helping us do both.’

For his part, Mr. Mohamed Chehab, owner of Chehab Marine Ltd, said: ‘I am very proud to be representing Princess Yachts this evening, which is one of the leading boat builders in the world. In business, you can achieve amazing success with the right partnership and the right luxurious brand. Lebanon is indeed one of the best markets in the world for Princess Yachts, who has for many decades been rewriting the rules of luxury cruising.’

  • Follow the British Embassy in Lebanon on Twitter: @UKinlebanon

  • Follow Ambassador Tom Fletcher on Twitter: @HMATomFletcher

  • Follow our Trade and Investment team on Twitter: @UKTILebanon

  • We are on Facebook: UK in Lebanon

  • Visit our website: www.gov.uk/government/world/Lebanon

Published 3 July 2013