All Market Intelligence articles – Page 48
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News
US marine lenders see highest Q1 volume in six years
More than three quarters of lenders see increase in loan volumes compared to Q1 2020
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Boating gaining traction in China as Hainan initiative gathers momentum
Hainan Free Trade Port yacht initiatives gaining ground; Over 600 leisure boats now registered
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Covid-19: European boating, nautical tourism sectors expect ‘rather positive’ 2021
International Breakfast Meeting spotlights winners and losers in Covid battle; Impact of Covid outlined in new European Boating Industry study
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The market for outboard engines in Brazil
Brazil accounts for a signifigant proportion of outboard engines sold in South America
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Australia’s superyacht sector expands 100% with new law driving charter growth
More yachts, larger yachts and major infrastructure investment all part of expansion
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No slowing in US boat sales
But manufacturers face supply chain delays and material cost increases
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Article
Supply chain series | IBI reviews key disruptions impacting the boating industry
IBI reports on key supply chain issues which are causing shortages, delaying production and deliveries, and increasing costs – all-in-all a significant spoiler for the boating industry’s new-found optimism in the wake of surging consumer interest
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Supplying the supply chain: containers in short supply too
Another weak link in the supply chain: shipping delays, lack of containers and soaring freight costs. How long will it last?
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‘Made in Britain’ designation valued at £3.5bn a year to UK businesses
Freeport choices could also help UK marine leisure industry in post-Brexit initiatives
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Semiconductor shortage could have broad implications for boat industry
A perfect storm of tight supply and growing demand has left marine equipment manufacturers struggling to secure supplies of an increasingly critical component. IBI speaks to Navico CEO Knut Frostad and Raymarine General Manager Gregoire Outters for additional insight.
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Honda, Toyota halt North American production as supply chain woes worsen
Decades-old infrastructure issues made worse by security precautions
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Resin: “An unprecedented supply-demand imbalance”
In a year full of ’unprecedented’ scenarios, yet another has emerged in the market for resins – a key component for boatbuilding and many other industries
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US boatbuilders facing shortages “on just about everything”
Covid-19 impacts and rapid surge in demand for boats forcing multiple challenges to global supply chains
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New figures show UK boat sales surged in 2020
Demand for boats and other watersports craft in Britain were up 9% last year; new data from British Marine and Boats Group
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Article
Foam shortage slowing US boat production
Weather damage to key raw material plants bring US seat foam production to a standstill
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Hugelmeyer presents state of US boating industry by the numbers
Eradicating the EU’s 25% tariff on US boats is a top priority for NMMA going forward
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US wholesale boat shipments down 15% in 2020
Supply chain disruptions and workforce issues are key hurdles for American boat builders as they work through record low inventories and average back orders of up to 6 months, says the NMMA