Privinvest is a shipbuilding group that is based in the Middle East. Akram Safa and Iskandar Safa, two brothers, founded this company. They build high-end ships including naval, commercial, and mega yachts. Its shipyards are in France, Germany, the United Kingdom, the Middle East, and in the Mediterranean.
There are over 2,500 employees of Privinvest. They design and construct ships, supply integrated systems, provide support and training, and transfer technology to nations that are interested in establishing a shipyard. They are also increasingly focused on Marine Renewable Energies, including underwater turbines, wind farms, and hydrokinetics.
Since Privinvest was established over 20 years ago it has built and delivered over 2,000 vehicles. 40 navies from around the world have bought their ships. These naval ships include combat ships, offshore patrol vessels, multi-purpose platform vessels, maritime surveillance trimaran, and interceptor patrol boats. These ships are built at their shipyard, CMN, in Cherbourg, France.
They build seven types of commercial vessels. These include two barges and four fishing ships. The largest fishing boat they have built is the Longliner 42 NG. This is a 42-meter long boat specially designed for tuna fishing. It can be out for up to 45 days and has cold storage for up to 80 tons of fish.
Privinvest has built several mega yachts for high net worth individuals. The latest of these is Sailing Yacht A which was built in one of their German shipyards, NOBISKRUG. It is nearly 468 feet long and is 12,600 gross tons. In both design and technology, it is one of the world’s best PYC mega yachts.