How Iskandar Safa Led Privinvest to Success In the Shipbuilding World

 

Shipbuilding may be one of the most competitive businesses in the world. That’s because there are only a handful of companies able to efficiently deliver large yachts, naval vessels and supply ships. However, one shipbuilder, Privinvest, has been able to survive and thrive for the past three decades. That success is due to the passion and vision of Privinvest CEO Iskandar Safa.

Born in Lebanon, Mr. Iskandar Safa has a major passion for large ships. This passion led Mr. Safa to pursue and receive an engineering degree from the American University of Lebanon in Beirut. After receiving his engineering degree, Mr. Safa was ready to start his own shipbuilding business. With that vision in mind, the Privinvest CEO set out to acquire his first shipbuilding company.

As a new CEO, Iskandar Safa didn’t have many choices when it came to acquire a shipbuilder. Therefore, Mr. Safa has to roll the dice with a struggling French shipbuilder Constructions Mecaniques de Normandie. At the time, the world was in a recession. However, Mr. Safa persisted and was able to turn around the shipbuilder in just two short years.

Today Privinvest is known as one of the top shipbuilders in the world with shipyards in Europe and the Middle East. Among the projects completed by Privinvest is “Sailing Yacht A.” This superyacht, known as one of the largest in the world, measures an incredible 143 meters in length with 12,600 in gross tonnage displacement. In fact, Privinvest has been responsible for building 2 of the 10 largest sailing ships in the world. Read This Article to learn more.

In the past 30 years, Privinvest has been able to grow while the rest of the industry has been shrinking. That is because of Safa’s commitment to efficient shipbuilding. Heading into the company’s fourth decade, Privinvest seeks to continue its growth in the hyper competitive shipbuilding industry. Find More Information Here.

 

Visit his channel on https://www.youtube.com/channel/UC2AL5scoFNME1VAgP6Xpejg