Category Archives: Philatrophist

Around the World with Iskandar Safa


Who is Iskandar Safa?

Iskandar Safa is the founder and CEO of the Privinvest Group. Safa had established Privinvest almost 30 years ago. Safa was born in 1955, and he was raised in Beirut, Lebanon. Safa was raised in a good home, but because of the civil war in Lebanon, he went through several challenges in his youth.

The Safa family had a civil engineering company in Lebanon, and Iskandar Safa had the dream to work for his family’s company. Safa went to the American University of Beirut, and he obtained his civil engineering degree there.

Later, he attended INSEAD in Fontainebleau, France, where he obtained his MBA in 1982. For a time, Safa worked for his family’s business, but he wanted to be able to go out on his own. Go Here for more information.


Into the Ship Building Business

When Safa was young, he was raised by the sea. Perhaps from his early years, he acquired an interest in naval construction. In the early 1990s, Safa acquired his first shipyard. This was a dilapidated shipyard that seemed to have little potential. Iskandar Safa was able to transform that shipyard and make it into a thriving enterprise in just 2 years.


About Privinvest

Iskandar Safa currently serves as the CEO of Privinvest. Privinvest is headquartered in Beirut, Lebanon, but it also has facilities in the UK, the Middle East, Germany and France. Privinvest employees over 2500 people around the world. Privinvest specializes in naval ships and yachts. See Related Link for additional information.

There are 10 megayachts that are in existence, and Privinvest has built 2 of those yachts. One of the largest sailing yachts in the world was built by Privinvest; it measures 143 meters and it weighs about 12, 600 tons. This superyacht won the World Superyacht award in 2018 because of the innovation of its build and the attention to detail found in its design.


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The Future of Privinvest according to Iskandar Safa


When Iskandar Safa first entered the world of shipbuilding, he had no idea that his company Privinvest would one day be one of the world’s largest shipbuilding groups. Privinvest’s humble beginnings can be traced back to the early 1990s when Iskandar Safa obtained an unprosperous shipyard in France called Constructions Mecaniques de Normandie.

Using his business acumen, Iskandar Safa was able to revitalize the shipyard, which is now an essential part of Privinvest and is the home to more than four hundred employees.

In the nearly thirty years since its inception, Privinvest has become a leader in shipbuilding, serving militaries, commercial businesses, and private customers. Currently, more than forty navies around the globe own Privinvest vessels. The company also provides barges and fishing trawlers to commercial customers. Privinvest’s superyachts are some of the largest and most technologically advanced ships currently in use.

Nobiskrug, a shipyard recently acquired by Privinvest, is home to some of the company’s superyacht projects. The German shipyard has built ten such vessels since it converted to building superyachts in 2000. Nobiskrug’s newest project, Sailing Yacht A, was delivered in 2017. Andrey Melnichenko, who commissioned Sailing Yacht A, wanted the ship to be as environmentally friendly as possible. Get More Information Here.

Privinvest’s department of research and development has long been working in the fields of renewable energy and environmental sustainability. The group has developed turbines that can be positioned in areas where water flows, like rivers and tidal zones, to capture energy from the water. The department also works with militaries to develop new aquatic and defense technology. This work sometimes transfers over to superyachts, according to Iskandar Safa. Refer to This Article for related information.

To date, Privinvest has supplied more than 2000 vessels. The company employs more than 2500 people and continues to grow. Iskandar Safa expects many more superyacht contracts in the coming decade.


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Iskandar Safa and Privinvest: From a Single Shipyard to Building Megayachts


Iskandar Safa recently sat down for an interview with SuperYacht Times where he answered key questions about his company Privinvest. The company has acquired the German shipyard Nobiskrug which is located in Rendsburg on the Eider River. Privinvest owns several other shipyards in France, Germany, the UK, the Middle East, and the Mediterranean. Iskandar Safa’s company specializes in Super Yachts and Nobiskrug has helped play an essential role in growing their niche market.


Ultimate Luxury

The yachts build by Privinvest at the Nobiskrug shipyard are unlike any other. The owner and co-founder of the company, Iskandar Safa, discussed the fine details that make their ships stand out. Sailing Yacht A was recently built for Russian billionaire Andrey Melnichenko. The unique megayacht features eight decks and an underwater viewing area with 30cm deep glass. The design by Philippe Starck and finished product won at the 2018 World Superyacht Awards in the Sail-Assisted Motor Yacht category. Get Related Information Here.


Nobiskrug Now and in the Future

Privinvest has moved all of its yacht production from France to Germany. The move was intended to boost consumer perceived quality. Iskandar Safa has a trusted team that oversees the shipyard’s daily functions and offers sales assistance when requested. Nobiskrug currently has many yachts under production. Safa predicts more contracts, elevated quality, and breaking the 200m length barrier in the next decade.

Privinvest began when two brothers bought a failing shipyard in France. Within two years they turned the place around and began building a positive reputation. Iskandar Safa and Privinvest have grown their business to include megayachts, naval ships, and custom orders. The company offers stiff competition from its Asian counterparts that have ruled the market. Safa predicts further expansion and innovation as they work to please customers, elevate safety standards, and be eco-conscious builders. Refer to This Article for related information.


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