News article

Princess Yachts: boosting bilateral business

This world location news article was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

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

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.’

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