Journey of Mohammed Al Barwani: Selling Oceanco, Reviving Turquoise Yachts and Redefining Yachting in Turkey

Dr Mohammed Al Barwani is an influential figure in the superyacht industry, renowned for his strategic purchases and the revival of conglomerates. In 2014, Dr Barwani acquired a majority stake in Proteksan Turquoise and subsequently rebranded the company as Turquoise Yachts, marking his second foray into the realm of superyachts. This decision came on the heels of his acquisition of the esteemed Dutch shipyard, Oceanco, in 2010.

However, recent times witnessed a shift in his business strategy, marked by Oceanco’s sale to American tech magnate Gabe Newell. This move serves to free Dr Barwani of his obligations at Oceanco and allows him to channel his energies to the operations and strategic direction of Turquoise Yachts.

The change in Dr Barwani’s focus coincides with a critical juncture in the yachting industry and is likely to carve a distinctive path in the landscape of yachting. With a keen business acumen and innovative ideas, Dr Barwani’s journey has just begun, despite his impressive yachting legacy. His ambition for the yachting sector in Oman is strongly felt, and is a testament to his dedication to not just the growth of a company or industry, but the passion for yachts themselves.