More IBI Market News – Page 10
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NewsNZ boat importers report strong sales boom
Austrailian, US and Italian brands are among those finding success in New Zealand’s boat sales surge
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Wells Fargo: US small business owners cautiously optimistic
US bank survey of small business owners highlights expectations for economic recovery in 2021
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Connecticut takes issue with Federal economic analysis
The state of Connecticut is taking issue with US Bureau of Economic Analysis reporting that Connecticut trails other New England states in the share of the economy spent on outdoor recreation, prompting one state official to claim, “The report misses the forest for the trees.” Mason Trumble, deputy commissioner ...
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Cyber security top of the agenda for superyacht market
The increase in cyber security attacks – not only over past years but especially through the Covid-19 pandemic – means that protection against this threat is now ’top of the agenda’ for the operators and managers of superyachts. London, UK-headquartered Lloyd’s Register (LR), one of the world’s largest classification societies ...
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GMBA offers key market insights as part of ‘Export Webinar Week’
Global Marine Business Advisors offer practical insight into key boating markets in two-day boating industry up-date
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Malta claims to have world’s largest superyacht register
In a press conference given by Maltese Minister for Transport, Infrastructure and Capital Projects Ian Borg, it was stated that Malta now has the largest superyacht register worldwide. There are 850 vessels over 24m (78.5ft) on the Maltese register, a 7% increase since the end of 2019.
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EU: Covid-19 vaccines may be available in Europe as of December 15
The first Covid-19 vaccines may become available in Europe in the second half of December if the European Medicines Agency issues a conditional approval. EU Commission President Ursala von der Leyen said: “in the beginning, small amounts become available” for health care and other essential services workers and the ...
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ICOMIA publishes latest Statistics Book
The International Council of Marine Industry Associations (ICOMIA) has released the latest edition of its Recreational Boating Industry Statistics.
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Rescue statistics suggest increase in UK boating
The Royal National Lifeboat Institution attributes growth in watersports to Covid-19
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US posts second highest monthly boat sales in 10 years
After a brief respite in July and August, US new boat sales took off again in September, nearly beating the highest monthly sales in more than a decade.
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Trade, tariffs and the environment likely lead Biden agenda
While getting control over the rapidly escalating Covid-19 infection rate and accompanying economic woes will be his new administration’s number one priority, the environment, trade and tariffs are likely to be among the top agenda items of the incoming Biden administration, according to a panel of marine industry Capitol Hill ...
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Can Covid growth be sustained and retained?
More than 44,000 new boaters entered the US market in 2020 as part of a general turn to the outdoors brought about by the Covid-19 pandemic. But who are these new enthusiasts and – more importantly, some would ask – is there a way to avoid the inevitable churn of ...
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EU wants more SMEs in trade deals outside the bloc
The European Boating Industry (EBI) says 97% of the businesses active in Europe’s boating sector are small and medium-sized companies. EU-wide, SMEs even account for 99% of all enterprises and employ an increasing number of persons. They may employ only up to 250 people, but SMEs are the oxygen of ...
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CEO sentiment riding high in US boating market
A season of strong boat sales has buoyed optimism among the leaders of marine industry companies in the US market, according to NMMA’s Q3 Sentiment Report
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Boat sales in Argentina set to recover
On the 29th October, boating activities were finally permitted throughout Argentina after the longest restriction of activities ever.
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Croatian nautical sector seeks government financial support
A 50% drop in yacht arrivals and a 65% revenue loss from the reduced traffic has Croatia’s growing marina and nautical sector stalled and seeking some additional job support funding, according to the Croatian Chamber of Commerce (HGK).
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HISWA: second lockdown undermines Dutch charter firms
The Netherlands’ second coronavirus lockdown in 2020, announced October 14, is a stab in the back for boating companies active in group accommodations like charterers, says Geert Dijks, head of the HISWA-RECRON watersports and recreation sector. Dijks said a negative mid-September travel advice in Germany and Belgium triggered “massive ...
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US boat sales expected to hit 13-year high
NMMA reports 2020 has been a banner year for new power boat retail sales
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Nautical tourism keeps Croatia afloat
Croatia’s early adoption of the so-called ’Blue Economy’ concept seems to be paying off, as nautical tourism appears to be keeping the country’s travel industry afloat during the time of Covid-19. Tourism and Sport Minister Nikolina Brnjac told the Nautical Patrol last Friday that of the 1.3 million ...
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