All articles by Subscriber-only – Page 53
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News
Fire rips through Italian shipyard with loss of at least 10 boats
Some 30 boats in total were damaged at the historic Gargnano facility on Lake Garda
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News
Bennington offers a glimpse of the future at its 2024 dealer meeting
US pontoon boat builder unveils new entry level models and future concepts including full electrification at annual dealer sales conference
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Croatia
Strong spring a memory as market softens
Industry remains confident the current season could bring robust revenues, but the looming economic downturn is cooling expectations for the year ahead
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Article
Europe: Slowdown bites but signs of optimism
The slowdown in global markets is impacting Europe’s leisure marine sector as rising inflation and interest rates have caused a cost-of-living crisis across much of the continent. Eurostat data reveals that annual inflation in EU countries averaged 9.2% in 2022 – Estonia saw rates hit 19.4%. Not surprisingly consumer confidence ...
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Article
Dealers scale back on orders but infrastructure investment bodes well for future growth
Despite the gloomy economic backdrop depressing demand for now, pressure is growing on authorities to increase berthing capacities to harness sector’s potential
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Belgium
Higher costs putting pressure on builders, but show makes successful return
Despite shadows over the economy, the relative success of this year’s Nautibel show gives industry something to build on
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Estonia
Interest at an all-time high but uncertainty remains
More Estonians than ever are taking to water, resulting in an upswing in marina development, but consumers remain wary
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Denmark
Sales slow but market levels remain above pre-pandemic rates
Commercial, superyacht and export markets prove crucial as things get tougher at home
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Finland
Niche, premium end players buck downward trend, but spring 2024 will be pivotal
With a focus on the small boat sector, the industry has been hit hard by lower sales across boatbuilding and accessories sectors
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France
Big players and big boats surge ahead; new plans for Paris show 2024
Multihulls prove engine room for growth as boat registrations continue double-digit rise across power and sail
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Germany
Winners and losers as high boat prices hinder market
Market hits saturation point, whilst many fear boats have become too expensive having an adverse impact on the all-important charter sector
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Asia Pacific
Insight | Riviera owner on building an iconic Australian brand
When Rodney Longhurst purchased a struggling Riviera Yachts in March 2012, he had one goal and that was to make it a world leader in its sector. IBI spoke with Longhurst about the route back to success
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Article
Battling bureaucracy could turbocharge sector; plans afoot to boost marina development
Softening in demand and activity, but not necessarily across all industry sectors as services and accessories sectors remain strong
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Italy
Premium end continues to buck trend as industry looks to hit record €7bn turnover
Latest data reveals meteoric growth of superyacht business, but also the success of country’s RIB and top end sailing yacht sectors.
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Lighting
Insight | The art of the possible
How the extraordinary challenges of the last two years have brought out the best in one UK manufacturer
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Asia Pacific
Insight | In pursuit of perfection
IBI visits the builder’s ultra-modern facility in China to see how the boats are built and learn what makes one of the industry’s most talked about brands tick
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USA
Insight | Why collaboration is a high value proposition for Patrick Industries
It’s no longer enough to be able to deliver great products at great prices. For Patrick Industries, it is fully collaborative partnerships with key OEMs that represent the key to long-term value creation
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Asia Pacific
Autonomous Boating: Is the leisure marine industry ready for self-driving boats?
New technology enabling fully autonomous navigation has the potential to significantly disrupt the recreational boating industry – not in the distant future, but perhaps within months
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Lithuania
Unlocking potential as vital infrastructure work gets underway
It is early days for sure, but the country appears finally to be opening up to leisure boating
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Netherlands
‘Grow Boating’ and superyacht success help stabilise market
A successful grow boating campaign, well-developed waterways and booming big boat sector, are helping shore-up industry outlook despite confidence ebbing