All Industry Sectors articles – Page 4
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HydrogenFuture fuels conference in Hamburg to emphasise next steps to 2030
With an unfortunate date clash with METSTRADE 24 (19-21 November) The Motorship’s Propulsion and Future Fuels Conference will once again take place in Hamburg.
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BBA Awards Microsite LinkHow collaboration is transforming the boat business
Tom Reed, CEO of Scanstrut, winners of the BBA 2023 Supply Chain Collaboration award for its work with Nautique in developing a magnetic charger for its ski and wake boats, talks to IBI about the collaborative process and the pressures to deliver
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Battery TechnologiesBattery manufacturer hails price drop
AYK Energy introduces what it claims to be the first battery priced at $300 per kWh
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Battery TechnologiesProventia and Morrow to develop off-road heavy-duty battery tech
In a move that could greatly help marine electrification, two leading Scandinavian battery companies have signed a letter of intent over future collaboration
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ElectrifcationNew skills training network for electric propulsion
With the demand for skilled electrical installers outstripping supply, an £800,000 initiative to establish a skills sector framework is about to be launched in the UK.
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Boatbuilding Materials & MachineryYamaha explores use of flax-based composites in prototype PWC
Plant-derived fibre-reinforced plastics (FRP) seen as more sustainable option to GRP in both boat manufacturing and life-end disposal
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Battery TechnologiesRecharging directly from an offshore turbine becomes reality
Whilst highways have service stations and kerbside charging outlets for electric vehicles, there has been no equivalent at sea - until now.
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Boatbuilding Materials & MachineryReprogramming old industrial robots for large-scale 3D printing
Older industrial robots are finding second lives as efficient and cost-effective 3D printers used in the fabrication of ever larger, heavier objects – from boat parts to full watercraft
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Battery TechnologiesCorvus Energy ‘gas safe’ fuel cell receives type approval from DNV
Move should encourage the use of fuel cells for larger yachts
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FinlandFinland's boatbuilders eye international growth
Last year was challenging for the Finnish boating sector, but sales remain strong due to robust exports of larger yachts
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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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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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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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