Privinvest a Multi-faceted and Technologically-advanced Shipbuilding Organization
Privinvest is an international shipbuilding organization based in Beirut, Lebanon, employing more than 2500 people. It was initiated by brothers Iskandar and Akram Safa and is now one of the premier producers in the world. First acquiring the Constructions Mécaniques de Normandie shipbuilding yard in France, Privinvest now comprises several specialist locations: PISB in Greece, Abu Dhabi Mar in the UAE, Isherwoods in the UK and the Lindenau, German Naval Yards and Nobiskrug locations in Germany.
As these locations are each dedicated to different aspects within the shipbuilding industry, Privinvest is now availed of a robust collection of skills and knowledge sets to meet a wide range of demands. These cover the spectrum, from military vessels, commercial designs, superyachts to high-end naval technology.
Privinvest has contributed to the development of six navies and delivered to private clients, totaling more than 2000 completed projects, and is involved in Exclusive Economic Zone surveillance and readiness capability.
Privinvest is also taking part in renewable energies by investing in Hydroquest, a marine renewable research and development company working with hydrokinetic turbines for rivers and ocean environments.
Privinvest has branches in real estate and hospitality, and Privinvest Media, an affiliate organization, has brought the company into the media sphere as well.
Through its six modern shipbuilding yards, Privinvest has built such technologically-advanced tactical vessels as the Vigilante, Combattante, Interceptors, Corvettes and the innovative trimaran design.
The trimaran Ocean Eagle 43, in particular, is a specially-designed vehicle built at Privinvest’s Constructions Mécaniques de Normandie shipbuilding yard in Cherbourg, France. This maritime surveillance and response vehicle utilizes a narrow composite hull and outboard floats to contribute to occupants’ comfort level and to save weight and increase speed and fuel economy. The Ocean Eagle 43 MH is a modified design that operates as a base for launching autonomous and remote-operated mine hunting vessels.