All Market Intelligence articles – Page 54
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News
EU headed for ‘deep, uneven recession of historic proportions’
The EU head office says the coronavirus pandemic is savaging the European Union economy this year, creating a “recession of historic proportions”. It adds Western Europe will not fully recover until at least the end of 2021. In its spring economic forecasts, the European Commission says the economies of the ...
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News
Yacht transport continues despite uncertainty over Med season outlook
While the future of the Mediterranean season for yacht and superyacht cruising and charter is unknown at this point in time, arrangements to transport yachts into key Med locations continues apace. Taking the yachting centre of Palma in Mallorca as an example, a number of yacht transport ships have been ...
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Report
Market Overview | Denmark
Full order books and momentum from a healthy 2019 have bought builders and their suppliers vital time in the COVID-19 battle
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Report
Market Overview | Finland
Off the back of one of the most positive Helsinki boat shows in years, Finland’s marine industry had been looking forward to a buoyant 2020. Now it waits anxiously to see what tomorrow brings
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Report
Market Overview | Gemany
Cracks were already beginning to appear in the industry, despite a buoyant Boot Düsseldorf, with growing sales of bigger boats masking softness in other sectors. Covid-19 has now set alarm bells ringing
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News
Netherlands: longer lockdown puts 20,000 sector jobs at risk
The Netherlands has extended its coronavirus lockdown through May 20, piling on the economic pain for the boating and leisure sectors that expect damage to total €1bn. The HISWA-RECRON lobby also says close to 20,000 jobs are at risk. It has expressed dismay that the government has not yet accepted ...
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News
Russia’s message urging boat owners to keep yachts closer to home falling on deaf ears
The number of yachts registered within the Russian jurisdiction continues to be low, despite attempts by the Russian state to convince domestic owners to keep their boats within Russian waters, according to representatives of the Russian Ministry of Sport and Tourism. In recent years, the Russian government has provided a ...
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News
RV analyst sees no economic improvement before 2021
The recreational vehicle (RV) market in the US should bottom out during the current second quarter, but the industry faces a “long and bumpy road” to an economic recovery that won’t be seen before 2021 at the soonest, according to the industry’s leading analyst. The RV and recreational boating industry ...
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News
Mediterranean new-build yacht and refit yards start to reopen
With the lockdowns due to the COVID-19 pandemic being eased in countries such as Spain and parts of Italy, a number of yacht and superyacht new-build and refit facilities have started to reopen this week. France will stay in lockdown until at least May 11 and Monaco is set to ...
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News
US powerboat registrations up through January
Sales of new powerboats were up 5% on a rolling three-month YOY basis
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News
Coronavirus in Poland’s boating industry
Most Polish boatbuilders continue to operate under increasingly stiff restrictions, reports POLBOAT President Sebastian Nietupski on behalf of the country’s boating industry
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News
Latest on Italy’s boating industry
Only marine repair companies in the marine sector and certain suppliers will remain open past today, reports Andrea Razeto of Italy’s marine industry association - Confindustria Nautica
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News
Coronavirus leads to ailing global economy
If the coronavirus doesn’t make you physically ill, it could be affecting your financial health as more reports begin to surface on the economic impact of the outbreak. The Wall Street Journal reports on the array of companies outside of China that are having to slow production or rapidly seek ...
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Report
Market Overview | France
Ten years after the 2008 financial crisis, a smile has returned to the faces of leisure boat professionals in France. But the good results are mainly from exports as the home market remains lacklustre
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Report
Market Overview | Italy
Italy’s industry is riding high, but can the growth rate be sustained? Exports and confidence continue to rise as the industry gets ready for what it predicts will be another good year
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Galley equipment
Galley design and equipment takes centre stage
The evolution of galleys onboard sail and motoryachts below 24m has gained significant momentum over the past three years. What was once a functional, often cramped space, tucked down below out of sight, is increasingly taking centre stage
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Report
Market Overview | Germany
Confidence in Germany’s marine leisure industry is high and builders’ order books are full, but changing boat usage, dated business models, and an ageing demographic present both challenges and opportunities
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Article
Flying Mantis launched at London show
4.2m all-carbon vessel has ability to change from dagger-board sailing into a foiling trimaran
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Article
AkzoNobel ends merger discussions with Axalta
Dutch paint and coatings specialist says companies failed to reach agreement