All articles by Michael Verdon – Page 4
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BUSINESS REPORT | New Zealand: BITO’s apprenticeship programme takes a bite out of New Zealand’s labour shortage
But even with the programme’s 600 certified apprentices, manufacturers say manpower is inadequate for the growth of the industry
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Snapshot | New Zealand
Ten years ago, New Zealand’s marine industry was based on domestic sales. Now, many Kiwi companies are embracing the export market as the key to future growth. The strategy is yielding impressive results.
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Design and Innovation | Best of the BEST
Italian superyacht yard Benetti claims its Exclusive Sea Technology (BEST) is the most advanced tech platform the yachting industry has ever seen
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World news focus | US loan market: Credit crunch to crisis?
KeyBank’s announcement last month that it would be exiting the consumer boat loan business is a major blow for US dealers, cutting their available loan source just as credit requirements are ratcheted up. The move has already forced some to pull the plug
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BUSINESS REPORT | USA: Equipment - Trading Places
Ocean Equipment and Imtra are both using a European-style distribution model to grow their businesses. Will it work for other US companies?
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BUSINESS REPORT | USA: Equipment - Rolling the Dice
Three new marine equipment manufacturers strive to gain market acceptance during the industry’s most protracted downturn
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BUSINESS REPORT | USA: Equipment - Empty cup?
A “perfect storm”, “slow death”, or “the worst downturn in 40 years”. However they describe the domestic boating market, there’s not much optimism among US accessories manufacturers
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Industry Insider | West Marine CEO: Geoff Eisenberg
With trading conditions the worst they have been in over a decade, West Marine’s new CEO is drastically overhauling the US marine accessories retailer in a bid to stem rising financial losses
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Industry Insider | Thom Dammrich
Despite the challenges that lie ahead, the president of the NMMA, and man instrumental in developing the Grow Boating initiative, remains optimistic about the future of the industry and predicts when the recovery in the US might begin.
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World news focus | Used boat exodus
A ‘perfect storm’ of conditions — a weak US Dollar, oversupply of product and weak domestic market — has caused a surge in used boats from the US.
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BUSINESS REPORT | New Zealand: NZ supermania: Capitalising on the global superyacht boom
New Zealand’s superyacht segment, though small compared to the rest of the industry, remains its fastest growing sector
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BUSINESS REPORT | New Zealand: King of composites
While retaining high-profile custom yacht projects, High Modulus sees far greater growth potential in production boatbuilding
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BUSINESS REPORT | New Zealand: Boats on wheels
Sealegs is an innovative amphibious boating concept, but does it really have financial legs for the long haul?
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BUSINESS REPORT | New Zealand: Radical iTunes
Navman founder launches new iPod-based stereo for the marine market
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BUSINESS REPORT | New Zealand: BITO’s apprenticeship programme takes a bite out of New Zealand’s labour shortage
But even with the programme’s 600 certified apprentices, manufacturers say manpower is inadequate for the growth of the industry
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Article
BUSINESS REPORT | Snapshot: New Zealand
Ten years ago, New Zealand’s marine industry was based on domestic sales. Now, many Kiwi companies are embracing the export market as the key to future growth. The strategy is yielding impressive results.
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Article
BUSINESS REPORT | Mexico: Marina mayhem - Everyone agrees there’s a shortage of slip spaces, but a hot debate is under way over where to put them
There is also a question about what type of facilities should be built — for large yachts or small sailboats
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BUSINESS REPORT | Mexico: South of the border - Building Bayliners at Reynosa, the world’s highest-production boat factory
Reynosa has silenced its critics to become one of US Marine’s showcase plants
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BUSINESS REPORT | Mexico
Despite a poorly developed infrastructure, many think Mexico’s boating market has significant potential for growth. Brunswick Corp, planning for a long-term presence, is investing millions into creating a national dealer network.
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World news focus | US boat loans: Boat loan blues?
The US subprime mortgage crisis that shook global markets in late summer has accelerated the decline of the US housing market. Caught in the crossfire: Boat loans.
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