All Market Intelligence articles – Page 53
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NewsEuropean Overview: Bright spots amid the uncertainty
The fallout of Covid-related lockdowns and safety protocols has had far-reaching impacts on Europe’s industry, but there are winners amid the upheaval.
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VideoCroatia: State of the Industry Briefing
IBI Editor Ed Slack speaks with Milan Sangulin, Director of the Biograd Boat Show which is scheduled to proceed 21-25 October, who details the situation in the country’s charter market – purported to be the world’s largest – as well demand for locally-built boats, and efforts underway to make the ...
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VideoPoland: IBI State of the Industry Briefing
Poland is the world’s second largest boatbuilding nation in unit volume after the US and saw record production in 2019. Polboat’s Michal Bak speaks to IBI about the impact of the pandemic and prospects for the remainder of the year, especially in the absence of key boat shows. The interview ...
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NewsUS wholesale boat shipments soared 60% in June
Boat building in the US has ramped back up after the Coronavirus forced shutdowns at many plants, according to the latest statistics from the National Marine Manufacturers Association (NMMA)
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VideoItaly: IBI State of the Industry Briefing
Get interactive and watch IBI’s industry interview of Italy’s most knowledgeable expert on the state of the country’s boating industry and domestic market performance. IBI Editor Ed Slack speaks with Dr. Stefano Pagani Isnardi, Head of Technical, Statistics, Research & International Relations for Italy’s marine industry association, Confindustria Nautica.
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NewsInfrastructure key to Vermont’s boating growth
Just a month after the US Senate approved the Great American Outdoor Act aimed at pumping millions of dollars into maintenance and infrastructure of outdoor resources like boat ramps, the Covid-fuelled boating boom in the States has not eased, with dealers and manufacturers facing inventory shortages.
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NewsFirst-time boat buyers up 34% in US
New empirical data confirms anecdotal reports of high numbers of new boaters entering US market
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NewsHong Kong boating market shines while the rest of Asia struggles
The market is looking forward to the 1st Hong Kong Yacht Show in November
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NewsUS boat sales up 59% in May
The National Marine Manufacturers Association (NMMA) released new data on Wednesday confirming a surge in US boat sales for the month of May, with volumes rebounding by 59% over April’s numbers and growth observed across virtually every product category.
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NewsN&J researches Covid-19 and the response of UHNWIs and their spending
New research undertaken by international yacht services provider Northrop & Johnson (N&J) highlights that businesses in the luxury products and experiences sector will have to adapt how they deal with UNHWIs (ultra-high-net-worth individuals) in response to the challenges posed by Covid-19.
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NewsSuperyachts to play key role in Bermuda’s economic recovery
The Atlantic island of Bermuda has missed out on a number of international yacht regattas and sports fisher boat competitions, but the island’s government is now actively pursuing the superyacht market with the objective that it could make a key contribution in the country’s economic recovery.
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News2019 Dutch superyacht output: fewer but more valuable, greener vessels
Amels’ 83m Here Comes the Sun The Dutch superyacht sector delivered 17 yachts last year, worth just over €1bn, the Netherlands Maritime Technology (NMT) trade group says in its 2019 annual report. While this is a drop in numbers, NMT says the value of yachts on order ...
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NewsRussian boating sector ready for breakthrough
Russian Yachting Federation CEO believes Russia’s domestic yachting scene could take off post-Covid, with the right state backing
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NewsCovid-19 proves boost for North European passage charter
Dockside.ai says it has seen a significant rise in enquiries in last two months for charter in Northern Europe and Arctic fringe
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NewsGlobal boat industry report published
Research firm expects a 25% drop in global boat sales for 2020
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FeatureThe current state of play at the top of the market
New superyacht orders continue but the industry waits to count the true cost of Covid-19. David Robinson provides an 18-page round-up on the key sectors of the business, including order estimates for the first 5 months of 2020.
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VideoA perfect storm? Or more subtle forces at play?
IBI Editor Ed Slack contemplates boating’s prospects in the wake of Covid-19, looking at two potential scenarios for the industry and how they might play out over the rest of the year. See our presentation above (18 mins) and watch this space for more.
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NewsPortugal sees boating boost, but age old problems peg back growth
Portugal may have dodged the Covid bullet, but persistent problems continue to hinder the market
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NewsDomestic tourism could supercharge Russian leisure boating
Investment in infrastructure as Russian holidaymakers take to domestic waters this summer
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NewsScandinavia sees uptick in buyer interest
Reports of strong buyer interest at dealerships in America are being echoed in Scandinavia where the summer season is approaching and buyers are looking for alternative holiday options
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