Iskandar Safa is the Co-founder, Chairman, and Chief Executive Officer of the Privinvest Group. It is based in Beirut, Lebanon, and owns three shipbuilding yards in Germany. These are Lindenau, Germany Naval Yards Kiel, and Nobiskrug. It also owns shipbuilding yards in the United Kingdom, France, the Arabian Gulf, and the Mediterranean.
Iskandar Safa was born in Beirut in 1955. He studied civil engineering at that city’s American University. Iskandar Safa also attended INSEAD. This is a graduate business school located in Fontainebleau, France. Acquiring an MBA, he started an international trading firm in 1982. He started building ships in the early 1990s.
Nobiskrug is one of the Privinvest Group’s largest shipbuilding yards. It is located in Rendsburg and dates its history back to 1905. It has built several famous superyachts such as Odessa II, Sailing Yacht A, Mogambo, and Sycara V. It doesn’t advertise or attract media attention because it simply doesn’t need to attract customers from around the world.
In 2007, Iskandar Safa partnered with Al Aïn International in the United Arab Emirates. The goal was to develop a naval construction group, Abu Dhabi MAR, that would develop the UAE’s superyacht industry. In 2011, the Privinvest Group became the sole owner of this venture. His various companies employ over 2,500 people.
The Privinvest Group owns France’s Constructions Mécaniques de Normandie (CMN). Some of its best-known ships include Cloud 9 and Slipstream. Both of these superyachts were designed by Andrew Winch in Cherbourg, France. CMN no longer builds superyachts as all of that business was consolidated at Nobiskrug in the early 2010s.
Iskandar Safa says that superyachts make up a large part of what his company builds. However, they also sell military vessels to navies around the world. They also build commercial boats that are used for shipping and other specialized tasks. Find More Information Here.