All Industry Sectors articles – Page 11
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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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FranceChallenging Q1, but rebound on the cards
It is a case of when, not if, the French market rallies after a disappointing Q1 forced many in the industry to modify their expectations for the year ahead.
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ArticleSteady YOY increase in boat registrations; investment in marina infrastructure
Estonia is a small country of around 1.37 million people, and is in the Eastern Baltic region, with Finland to the north and Russia to the east. Despite its compact size (45,335km2, 4.6% of which is inland water), the country has a thriving marine industry. The heavily indented and shallow ...
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Croatia
Charter figures disappoint but industry remains optimistic about rebound
With a network of marinas spanning along some 6,000km of shoreline, Croatia is a charter hotspot, but ongoing macroeconomic challenges are hampering the sector’s growth and impacting pre-season results, local observers say.
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Battery TechnologiesEchandia’s new battery dimension tool – WattWizard
New WattWizard tool proves an accessible way to determine the optimal battery configuration for their specific maritime project
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Battery TechnologiesKey US recruitment drive as Echandia opens Washington battery facility
Swedish maritime electrification specialist looks to tap into rapidly growing demand in America’s maritime electrification sector
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Battery TechnologiesPotassium-ion batteries take step closer to mainstream
Austin, Texas-based Group1 battery technology start-up has moved its alternate to lithium-ion closer to wider adoption by releasing a commercially focused potassium-ion (KIB) cell in the popular 18650 cylindrical form factor.
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Battery TechnologiesAkzoNobel’s single-pass resin-based coating for safer batteries
With high voltage marine battery packs more vulnerable to those in an electric car, news of AkzoNobel’s new dielectric spray-applied paint should come as good news.
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