More IBI Market News – Page 22
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NewsUK boating sector reports seventh consecutive year of growth
New figures from UK industry association British Marine show that the country’s boating sector grew for the seventh consecutive year in 2018, with total revenues up by 1.7% to £3.17bn.
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NewsDutch boating sector up 4.8% in 2018; industry upbeat about 2019
Citing a long hot summer, HISWA Holland Marine says the Dutch boating sector’s 2018 turnover rose by 4.8% over the previous year. Rentals led the pack with a 10% turnover rise, followed by 7% growth for new-boat sales.
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NewsUS wholesale powerboat shipments up in 2018
2018 closed as the ninth consecutive year of growth for the US boating industry, according to the latest statistics from the National Marine Manufacturers Association (NMMA).
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NewsUS powerboat registrations up in 2018
2018 saw a 4.2% increase in new powerboat registration in the US, according to data released by the National Marine Manufacturers Association (NMMA).
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NewsFinnboat reports boom in domestic boat sales
Finnish marine federation Finnboat today reported that the warm summer of 2018 helped boost domestic sales of small motorboats and PWCs in Finland last year. Sales of motorboats over 9m in length also continued to grow, as did sales of large outboard engines.
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NewsUpdate: Beneteau projects slowdown in 2019 boat market to +2%
The stock market has reacted negatively to Beneteau Group’s FY 2018-19 outlook (announced after the close of the Paris stock exchange yesterday) in which the French builder projected a slowdown in the global boat market.
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Development of yachting in Russia hits stumbling block
The development of yachting in Russia has hit a stumbling block after a recent decision by the St Petersburg authorities to turn down a project aimed at transforming the city into a centre for yachting in the Baltic. The decision follows concerns raised by the Russian Defense Ministry over the ...
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US outboard wholesale shipments up in 2018
Wholesale outboard shipments in the US were up 5.9% in 2018, according to the National Marine Manufacturers Association (NMMA) Monthly Shipping Report.
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NewsUS powerboat registrations up through November
US powerboat registrations were up 4.4% in November on a rolling, 12-month year-over-year basis, with increases seen in all categories of boats.
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NewsSouth Florida marine economy continues to rise
The recreational marine industry’s multi-billion-dollar economic impact on South Florida is growing across Broward, Miami-Dade and Palm Beach counties, according to the Marine Industries Association of South Florida (MIASF), the Greater Fort Lauderdale Alliance and a new study com
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NewsUS boating industry marks seventh consecutive year of growth
According to the National Marine Manufacturers Association (NMMA), 2018 marked the seventh consecutive year of growth for retail sales of new powerboats in the US. The American trade association announced a 4% year-over-year increase in unit sales of new powerboats to approximately 280,000 units, marking the highest total since 2007.
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Spanish boat registration up 3.3% in 2018
The number of boats registered for recreational use in Spain last year reached 5,545 units – a 3.3% increase over 2017 levels. Of this total, 4,037 boats were registered for private use (up 7.5% compared to 2017) and the rest were registered for charter purposes.
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NewsItalian boating industry up 9.5% in 2018
Italian marine industry association UCINA provided preliminary figures for the sector in 2018 and presented its outlook for 2019 at its general assembly in Rome on Wednesday.
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NewsPolish yacht exports rise
Polish boatbuilders have managed to increase yacht sales last year to 801 craft, up 17.3% compared with 2016.
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Greece third in superyacht ownership league
Two recent reports by Bloomberg and Knight Frank indicate that Greece is third in the league of global superyacht ownership for vessels over 40m (131ft) in length. Greece is also the fourth most popular destination for such sized yachts to visit.
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NewsUS outboard shipments up through October
US wholesale outboard engine shipments were up 6.7% year-to-date and year-over-year through October, according to the monthly shipping report compiled from a control group of National Marine Manufacturers Association (NMMA) members.
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NewsUS powerboat registrations up 4.6% in September
US registrations for new powerboats were up 4.6% in September on a rolling 12-month year-over-year basis (R12M YOY), according to preliminary data released today by the National Marine Manufacturers Association (NMMA). Source: Discover Boating, NMMA The seemingly unending appetite for ski and wakeboard boats, pontoon boats and ...
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US dealership same-store sales decline in October
Same-store marine dealer sales decreased by just over 5% in October, according to the latest report form CDK Global Recreation. The decrease follows a September gain of a mere 0.2%.
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NewsNew initiatives offer India’s leisure marine sector a more positive future
India has always been looked upon as holding a sizeable recreational marine market potential, but somehow it has never made much progress. New initiatives under the current government could prove to be the catalyst that will change that.
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NewsRenewal of 'civil' fleet by Russian Ministry of Defence could provide boost to SY builders
The planned renewal of its ’civil’ fleet - leisure boats of around 100ft used by senior commanders - could also provide opportunites for Western yards
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