All Market Intelligence articles – Page 65
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NewsIndian boating market: High taxes and a lack of marinas continue to thwart growth, but potential is there
IBI’s Asia correspondent Mike Derrett speaks with Aashim Mongia, chairman of the Indian Marine Federation, about the leisure boating industry in India.
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NewsYacht sales driving south Florida real estate values
High net-worth clients snapping waterfront property simply to have somewhere to park their new yacht
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NewsUS powerboat sales up 18% in October
The National Marine Manufacturers Association (NMMA) is reporting that sales of new powerboats in the US gained momentum in October, up 18% compared to September, and up 30% year-over-year on a seasonally-adjusted basis.
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NewsShanghai Boat Show news; 2021 prospects for China’s market
“After five years of dormancy, the market is now gaining momentum,” says Helena Gao, assistant general manager of Sinoexpo Informa Markets, in an interview with IBI. The company organises the forthcoming China International Boat Show to be held in Shanghai from April 1st to 3rd, 2021.
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NewsPalma moves to capitalise on yacht maintenance boom
Palma de Mallorca in the Balearics is ripe for international promotion as a yacht maintenance centre, according to its Institute of Business Innovation. While virtually every business sector in Mallorca has been devastated by the coronavirus pandemic, Palma’s shipyards have been thriving with vessels requiring maintenance, with three yachts in ...
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NewsNZ boat importers report strong sales boom
Austrailian, US and Italian brands are among those finding success in New Zealand’s boat sales surge
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NewsWells Fargo: US small business owners cautiously optimistic
US bank survey of small business owners highlights expectations for economic recovery in 2021
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NewsConnecticut takes issue with Federal economic analysis
The state of Connecticut is taking issue with US Bureau of Economic Analysis reporting that Connecticut trails other New England states in the share of the economy spent on outdoor recreation, prompting one state official to claim, “The report misses the forest for the trees.” Mason Trumble, deputy commissioner for ...
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NewsCyber security top of the agenda for superyacht market
The increase in cyber security attacks – not only over past years but especially through the Covid-19 pandemic – means that protection against this threat is now ’top of the agenda’ for the operators and managers of superyachts. London, UK-headquartered Lloyd’s Register (LR), one of the world’s largest classification societies ...
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VideoFuture outlook for the industry – what can we can expect from 2021?
Top industry personnel join Ed Slack in discussing what 2021 could hold for the boat business
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VideoIBI speaks with management team at Fairline Yachts
IBI Editor Ed Slack speaks with Fairline Yachts; Peter McNulty, Chief Operating Officer, and Jason Carley, Chairman in the UK about the boating market, the builder’s strategy during the pandemic and upcoming plans.
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NewsGMBA offers key market insights as part of ‘Export Webinar Week’
Global Marine Business Advisors offer practical insight into key boating markets in two-day boating industry up-date
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NewsMalta claims to have world’s largest superyacht register
In a press conference given by Maltese Minister for Transport, Infrastructure and Capital Projects Ian Borg, it was stated that Malta now has the largest superyacht register worldwide. There are 850 vessels over 24m (78.5ft) on the Maltese register, a 7% increase since the end of 2019.
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NewsEU: Covid-19 vaccines may be available in Europe as of December 15
The first Covid-19 vaccines may become available in Europe in the second half of December if the European Medicines Agency issues a conditional approval. EU Commission President Ursala von der Leyen said: “in the beginning, small amounts become available” for health care and other essential services workers and the elderly. ...
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NewsICOMIA publishes latest Statistics Book
The International Council of Marine Industry Associations (ICOMIA) has released the latest edition of its Recreational Boating Industry Statistics.
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NewsRescue statistics suggest increase in UK boating
The Royal National Lifeboat Institution attributes growth in watersports to Covid-19
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NewsUS posts second highest monthly boat sales in 10 years
After a brief respite in July and August, US new boat sales took off again in September, nearly beating the highest monthly sales in more than a decade.
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NewsTrade, tariffs and the environment likely lead Biden agenda
While getting control over the rapidly escalating Covid-19 infection rate and accompanying economic woes will be his new administration’s number one priority, the environment, trade and tariffs are likely to be among the top agenda items of the incoming Biden administration, according to a panel of marine industry Capitol Hill ...
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NewsCan Covid growth be sustained and retained?
More than 44,000 new boaters entered the US market in 2020 as part of a general turn to the outdoors brought about by the Covid-19 pandemic. But who are these new enthusiasts and – more importantly, some would ask – is there a way to avoid the inevitable churn of ...
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NewsEU wants more SMEs in trade deals outside the bloc
The European Boating Industry (EBI) says 97% of the businesses active in Europe’s boating sector are small and medium-sized companies. EU-wide, SMEs even account for 99% of all enterprises and employ an increasing number of persons. They may employ only up to 250 people, but SMEs are the oxygen of ...
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