More IBI Market News – Page 4
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NewsGovernment figures show Canadian luxury tax a failure
Justin Trudeau’s luxury tax on boats, autos and private aircraft directly attributed to job losses while failing to meet revenue projections
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NewsDutch 'pocket superyacht' yards report healthy demand
Success reflects the depth of high-end, custom yacht manufacturing in the Netherlands
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NewsConfindustria Nautica: Global yachting market up 11%; positive outlook confirmed
Italian industry association releases findings of its annual market snapshot
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NewsSpanish boat registrations down in 1H 2024
The decline was mostly for jetskis and boats under 6m in length
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NewsTurkish shipbuilders turn to superyachts
A growing number of shipbuilders in Turkey are entering the superyacht market
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NewsSpain reports double-digit drop in boat registrations
The decline was seen across all types of boats and most lengths
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NewsTechnology requires ‘holistic approach’ to reduce whale strikes
Progress has been made among WAVS members since the NOAA tech workshop in March
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NewsBiden administration marks US$6m for technology to reduce vessel whale strikes
WAVS taskforce calls the mid-week announcement an “exciting and needed development”
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NewsStarlink changes boat owner demographic in southern Africa
Fast internet coverage is reducing the average age of boat owners at South African ports
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NewsUS aluminium extrusion duties coming, but on how many marine products?
Petitioners have specifically called out a number of marine items to be excluded
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NewsCanadian bank anticipates 2% interest rate cut within 18 months
The Royal Bank of Canada says rapid interest rate cuts expected to begin soon and be more aggressive than cuts in the US
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NewsDeclining yacht sales lead to rising charters
IYC, Fraser Yachts are reporting an increase in chartered yachts of over 50m
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NewsRich heritage, culture drives superyacht cruising growth in Japan
GMBA consultant Kenta Inaba provides update on Japanese superyacht sector
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NewsABC: Boating’s economic engine drives bipartisan support
IBI investigates the main takeaway following a day of lobbying on Capitol Hill
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NewsCape 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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NewsWells 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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News2023 sees dramatic jump in Croatia’s nautical tourism revenue
Berth rentals were the most significant contribution to growth
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NewsFirst 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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NewsBritish Marine: UK industry resilient in 2022/23
UK trade association releases latest Key Performance Indicators (KPI) report
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NewsConfindustria 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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