More IBI Market News – Page 16
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NewsFIN offers update on French boating market and says Paris Boat Show likely to go ahead
Show cancellations take gloss off positive summer season
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NewsCovid causes eastern shift in superyacht traffic
Greece, Turkey and Croatia emerge as most popular 2020 superyacht cruising grounds
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NewsAustralian marina industry proving resilient in face of Covid-19, according to report
Despite headwinds sector continues to expand
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NewsGeorgia plans to become Black Sea’s boating hotspot
Batumi believed to be earmarked for development
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NewsUS study says cost of onshoring supply chains from China could top $1 trillion
A new study by US-based Bank of America shows a growing appetite among manufacturers for repatriating overseas production in spite of potentially high costs A new research paper published by the Bank of America (BofA) notes an emerging shift among North American and European manufacturers toward onshoring ...
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NewsPositive US boating trends continue
Two metrics released today by the National Marine Manufacturers Association in America indicates boating continues to draw strong online interest – and more tangibly – sales
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NewsEuropean Overview: Bright spots amid the uncertainty
The fallout of Covid-related lockdowns and safety protocols has had far-reaching impacts on Europe’s industry, but there are winners amid the upheaval.
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NewsUS wholesale boat shipments soared 60% in June
Boat building in the US has ramped back up after the Coronavirus forced shutdowns at many plants, according to the latest statistics from the National Marine Manufacturers Association (NMMA)
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NewsInfrastructure key to Vermont’s boating growth
Just a month after the US Senate approved the Great American Outdoor Act aimed at pumping millions of dollars into maintenance and infrastructure of outdoor resources like boat ramps, the Covid-fuelled boating boom in the States has not eased, with dealers and manufacturers facing inventory shortages.
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NewsFirst-time boat buyers up 34% in US
New empirical data confirms anecdotal reports of high numbers of new boaters entering US market
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NewsHong Kong boating market shines while the rest of Asia struggles
The market is looking forward to the 1st Hong Kong Yacht Show in November
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NewsUS boat sales up 59% in May
The National Marine Manufacturers Association (NMMA) released new data on Wednesday confirming a surge in US boat sales for the month of May, with volumes rebounding by 59% over April’s numbers and growth observed across virtually every product category.
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NewsN&J researches Covid-19 and the response of UHNWIs and their spending
New research undertaken by international yacht services provider Northrop & Johnson (N&J) highlights that businesses in the luxury products and experiences sector will have to adapt how they deal with UNHWIs (ultra-high-net-worth individuals) in response to the challenges posed by Covid-19.
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NewsSuperyachts to play key role in Bermuda’s economic recovery
The Atlantic island of Bermuda has missed out on a number of international yacht regattas and sports fisher boat competitions, but the island’s government is now actively pursuing the superyacht market with the objective that it could make a key contribution in the country’s economic recovery.
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News2019 Dutch superyacht output: fewer but more valuable, greener vessels
Amels’ 83m Here Comes the Sun The Dutch superyacht sector delivered 17 yachts last year, worth just over €1bn, the Netherlands Maritime Technology (NMT) trade group says in its 2019 annual report. While this is a drop in numbers, NMT says the value of yachts on order ...
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NewsRussian boating sector ready for breakthrough
Russian Yachting Federation CEO believes Russia’s domestic yachting scene could take off post-Covid, with the right state backing
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NewsCovid-19 proves boost for North European passage charter
Dockside.ai says it has seen a significant rise in enquiries in last two months for charter in Northern Europe and Arctic fringe
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NewsGlobal boat industry report published
Research firm expects a 25% drop in global boat sales for 2020
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NewsPortugal sees boating boost, but age old problems peg back growth
Portugal may have dodged the Covid bullet, but persistent problems continue to hinder the market
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