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.
Jarno Berkhof joined Mercator Marine Group (MMG) as CEO in March, overseeing the marine equipment supplier’s growing presence not just in the Netherlands but in Germany too. Here he talks to IBI about taking the company formerly known as Allpa Marine Equipment into the next phase of growth
Optimising warehousing and investment crucial as aftermarket demand levels off following year of market consolidation
Reality bites as dynamic shifts from seller’s to buyer’s market
The bigger the boat, the better demand. But bleak economic forecasts are taking their toll on the small end of the market as dealers look to shift stock
Market hits saturation point, whilst many fear boats have become too expensive having an adverse impact on the all-important charter sector
Electric propulsion pioneer and former co-founder and CEO of Torqeedo, Dr Christoph Ballin, talks to IBI about his next chapter as co-founder and managing director of new boat brand Tyde.
Despite headwinds, yards power on; How Germany’s boatbuilders are adapting to the end of a booming market, and why they still expect good times ahead
Innovation brings certainty to market; Germany’s equipment manufacturers are doubling down on innovation to meet rapidly evolving consumer needs
The party may be over, but industry mood remains buoyant; Despite rising prices and recruitment challenges, industry optimism appears to be holding
The new bosses of Germany’s two largest series boatyards – HanseYachts and Bavaria Yachtbar – are united in their struggle with supply chains. They share their visions for the respective brands, and insights on how they are adapting to a fast-changing market
Sven Cornelius takes ownership of Thai-based sail loft
The Ulyssia project is said to be the world’s most exclusive residential yacht community
The German builder reports record turnover and the best EBITDA in 15 years
Claudia and Jörg Adamczyk have left their managerial roles after 20 years
Ex-Olympic sailor Magnus Lundgren joins the company from Arcona Yachts
Jörg Bremer to succeed Arne Kolfenbach as chief financial officer as of November 1