More IBI Market News – Page 2
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Rich heritage, culture drives superyacht cruising growth in Japan
GMBA consultant Kenta Inaba provides update on Japanese superyacht sector
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ABC: Boating’s economic engine drives bipartisan support
IBI investigates the main takeaway following a day of lobbying on Capitol Hill
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Cape Town reports unprecedented superyacht influx due to Red Sea crisis
As many as 20 superyachts have re-routed around the Cape in recent months
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Wells Fargo – don’t expect US rate cuts till September
US bank’s April economic outlook says finance sector in a holding pattern, with no rate adjustments expected until Q3
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2023 sees dramatic jump in Croatia’s nautical tourism revenue
Berth rentals were the most significant contribution to growth
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First quarter gain in US RV shipments brings optimism to US marine sector
A 9% year-over-year increase in wholesale camper deliveries through the first three months of 2024, combined with good winter boat show sales, suggest brighter days ahead for the leisure marine segment
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British Marine: UK industry resilient in 2022/23
UK trade association releases latest Key Performance Indicators (KPI) report
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Confindustria Nautica: Italy holds top spot in superyacht builds
But 2024 will be a complex year with a more moderate pace of growth, says association
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YATED president on unifying the Turkish boating industry
Murat Bekiroğlu speaks to IBI about the challenges of organising one of Turkey’s biggest boat shows
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Pontoons evolve from party platforms to ‘real’ boats
BRP, Bennington on how the once lowly pontoon boat has broadened its appeal
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EU trade chief: Houthi attacks lower Red Sea shipping by 22%
Valdis Dombrovskis warns of possible long-term effects on product prices
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City of Cape Town says boatbuilding growing at 17% per annum
The latest figures are testimony to a buoyant local marine manufacturing market
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Florida leads US boating economy
Recent NMMA study shows that Florida continues to lead all states in the economic impact of boating
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US boating environment uncertain, but positioned for future
NMMA president says things might be ”better than they appear” at annual state-of-the inudstry address in Miami
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Marine stocks sink on eve of Miami as Fed fails to lower rates
Dealers have been struggling with rising interest rates since mid-summer 2023
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Bahamas yacht charters down 40%, operators blame VAT
The island nation’s 10% value-added tax on foreign-owned yacht charter contracts is said to be contributing to the decline
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2023 Brazilian yacht segment generates R$2bn in 2023
New Bain & Co report says growth driven largely by the Covid pandemic
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Canadian, US boating markets poised for 2024 recovery – Wells Fargo
Economist Nick Bennenbroek says factors in place for market improvement by mid-year
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More catamarans head south as SA records visitor growth
South Africa’s Ocean Sailing Association reports significant increase in the number of visiting catamarans
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Superyacht market increasingly using SEA Index emission assessment tool
More owners adopting sustainable practices by choice