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Norway : Market Reports

Perfect storm of high interest rates and weakening currency suppressing demand

2024-08-27T14:33:00+01:00By Lars-Åke Redéen

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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Norway
Low sales, low expectations as exchange rates add to burden
2023-08-25T14:46:00+01:00By Lars-Åke Redéen
High end continues to do well, however sales of small boats set on downward trajectory
Norway
Norway
2022-05-05T13:25:00+01:00> Subscriber-only
Norway
Norway | 2022 Market Report
2022-05-05T13:06:00+01:00
Positive momentum carries through early 2022 but war in Ukraine and rising material prices look set to take heat out of market going forward
Norway
Record sales following sudden stop imposed by Covid
2021-08-25T21:00:00+01:00> Subscriber-only
Out of lockdown, customers focus on domestic vacations with boating coming out as a major winner
Sweden
Market struggles to keep pace with boom
2021-05-03T16:18:00+01:00> Subscriber-only, By Lars-Åke Redéen
Staycations and influx of new buyers prove perfect hothouse for growth as market struggles to keep up with demand

Companies - Norway

News
Evoy partners with Axopar on new electric boat brand
2024-09-12T11:00:00+01:00
The AX/E 22 and AX/E 25 combine Axopar’s modular design with Evoy’s advanced electric propulsion technology
News
Norwegian firms collaborate on electric vessels, charging infrastructure
2024-08-23T11:30:00+01:00> Subscriber-only, By Lars-Åke Redéen
The partnership is expected to significantly contribute to sustainability within the aquaculture sector
News
Maritime software firm buys AdonisHR
2024-08-22T12:23:00+01:00
Ripple Operations acquires Norwegian crew management solutions specialist

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People - Norway

Norway
Insight | Knut Frostad - executive chairman, Henri-Lloyd
2024-04-25T10:47:00+01:00> Subscriber-only, By Ed Slack
It’s been a turbulent few years for the revered sailing clothing brand Henri-Lloyd. Founded by Henri Strzelecki and Angus Lloyd in 1963, the brand was the go to choice for technical sailing wear, its on-water success mirrored with a winning crossover to fashion sportwear in the 1980s and 1990s, ...
News
New CEO at Fincantieri’s Vard subsidiary
2024-04-04T12:58:00+01:00By David Robinson
Norwegian shipyard division has built a number of superyachts over the years
News
Sleipner CEO takes home EY Entrepreneur of the Year Award
2024-02-09T16:19:00+00:00
Ronny Skauen named Growth Creator of the Year for 2023

More People - Norway