All Boatbuilders articles – Page 31
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NewsNew CEO comes aboard with Malibu taking on water
Despite putting its best face forward: reduced dealer inventories, increased promotional activity, brand positioning in market segments and plenty of cash on hand, Malibu Boats, Inc’s (MBI) new CEO Steve Menneto takes the helm of a company taking on water as Q4 and fiscal 2024 numbers were more disappointing than ...
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NewsSouthern Wind to exhibit at Cape Town show for first time
South African sailing yacht builder confirms participation at boatica 2024
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NewsScout Boats, Flux Marine extend electric propulsion collaboration
Rhode Island, US-based Flux Marine breaks into centre console market with new electric Scout 215 XSF
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NewsHeesen announces new chief commercial officer
Ruud van der Stroom succeeds Mark Cavendish who is retiring
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NewsHighfield Boats and Carefree Boat Club enter strategic partnership
Highfield to supply Sport 560, 660, and 760 model RIBs to Carefree Boat Club locations under newly announced collaboration
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NewsDanish builder launches first electric sports yacht
The Realm 44 from Rand Boats allows for extended off-grid journeys
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NewsPolish builder expands electric boat range amid rising exports
Celestic Boats is looking to strengthen its foothold within a highly competitive market
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UKNew government, new taxes, but falling interest rates a boost
Storms darkened the forecasts of many UK marine businesses over the past year, thanks to unseasonable weather in 2023 and metaphorically due to political upheaval within an end-of-term parliament and stubbornly high interest rates.
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ArticlePincer movement of rising costs and environmental pressures
With only a handful of boatbuilders focusing on custom superyacht tenders and smaller, premium-priced ‘Riva-style’ motorboats
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SwedenDiversification helping firms cope with market challenges
Both the Swedish and especially the Norwegian boating markets have been hit hard in recent years by the economic downturn.
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SpainCharter sector takes hit as market stabilises
The Spanish leisure marine market is showing signs of stabilisation in 2024 following several years of accelerated growth.
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PortugalTourism boom gives vital boost, as orcas cast shadow
It has been a good 2024 so far for the Portuguese market, with business levels even up on 2023, a year labelled as the country’s “best ever” by CEO of Marlagos and vice president of the Portuguese Marina Association (APPR), Martinho Fortunato.
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PolandPolish builders are adjusting their capacity towards larger, higher-value boats
After a number of years marked by robust growth, Poland’s boat industry, along with counterparts across Europe, hit choppier waters in 2023. Local builders have adapted to the difficult market situation by reducing their boat ranges to focus on bestselling craft, and introducing larger yachts to their ranges.
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NorwayPerfect storm of high interest rates and weakening currency suppressing demand
The Norwegian boat market has been hit almost more by the tougher economics than its neighbour Sweden, despite the strong oil economy and the country’s massive oil fund.
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NetherlandsMarinas, yacht services provide antidote as boat sales plummet
Dutch watersports and recreation lobby, HISWA-RECRON, is reporting a mixed picture for the Netherlands in 2024.
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ItalySmall-boat sales down, but boats over 12m holding steady
Despite weakness in small-boat sales, the Italian boating sector is looking towards another decent year, while also waiting for some clarity about where the market might go after the major boat shows in the autumn.
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IrelandPushing the pause button in new-boat sales and charters
In Ireland, it seems that all aspects of life are dependent on the weather. That’s particularly true of boating, when a bad spring and summer, such as this year’s, are having an impact on the industry’s bottom line. While the Irish Marine Federation doesn’t report annual revenues, different sectors are ...
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GreeceMarina investment and increasing emphasis on eco-friendly practices
The Greek yachting market in 2023 experienced exceptional growth. It was a record-breaking year for yacht charters, solidifying Greece’s position as a leading yachting destination in the Mediterranean.
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Germany
Refit and repair at the fore as boat sales, charter plunge
Whether sailboats or motorboats, all segments of the German marine market were down in 2023 and business is still very poor. “Sometimes you even hear of boats being sold below cost, which companies claim is a way of securing their liquidity.
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FranceChallenging Q1, but rebound on the cards
It is a case of when, not if, the French market rallies after a disappointing Q1 forced many in the industry to modify their expectations for the year ahead.
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