More IBI Market News – Page 15
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NewsRV analyst sees no economic improvement before 2021
The recreational vehicle (RV) market in the US should bottom out during the current second quarter, but the industry faces a “long and bumpy road” to an economic recovery that won’t be seen before 2021 at the soonest, according to the industry’s leading analyst. The RV and recreational boating industry ...
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NewsMediterranean new-build yacht and refit yards start to reopen
With the lockdowns due to the COVID-19 pandemic being eased in countries such as Spain and parts of Italy, a number of yacht and superyacht new-build and refit facilities have started to reopen this week. France will stay in lockdown until at least May 11 and Monaco is set to ...
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NewsUS powerboat registrations up through January
Sales of new powerboats were up 5% on a rolling three-month YOY basis
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NewsCoronavirus in Poland’s boating industry
Most Polish boatbuilders continue to operate under increasingly stiff restrictions, reports POLBOAT President Sebastian Nietupski on behalf of the country’s boating industry
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NewsLatest on Italy’s boating industry
Only marine repair companies in the marine sector and certain suppliers will remain open past today, reports Andrea Razeto of Italy’s marine industry association - Confindustria Nautica
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NewsCoronavirus leads to ailing global economy
If the coronavirus doesn’t make you physically ill, it could be affecting your financial health as more reports begin to surface on the economic impact of the outbreak. The Wall Street Journal reports on the array of companies outside of China that are having to slow production or rapidly seek ...
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NewsSentiment improves among US marine CEOs
America’s National Marine Manufacturers Association announced an increase in Q4 sentiment among marine manufacturer CEOs
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NewsMarinas and yachting contribute 1.41% to Greek GDP
Further marina privatisations anticipated to add another 1%
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NewsHigher horsepower drives outboard engine sales to 13-year high
US consumer demand for newer, technologically advanced, higher horsepower engines has driven US outboard sales to a 13-year high, nearly reaching pre-recession sales levels, according to the National Marine Manufacturers Association (NMMA).
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NewsEarly estimates show 2019 growth in Italy
Preliminary estimates from members of the Italian boating industry point to continued growth in 2019, approaching 10%
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NewsDespite strong 2020 outlook for boat sales, economists less bullish about general US economy
Boat industry proving resilient in face of economic headwinds
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NewsSpain sees increase in boat registrations in 2019
Small and medium-sized power sector remains engine room for growth, while charter sector sees rebound too
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NewsPolish boatbuilder expands sales, plans to double revenues in 2020
Polish boatbuilder eyes record revenues this year
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News2019 saw second highest US boat sales in 12 years, 2020 outlook strong
US winter boat show season kicks off in earnest this week generating as much as 50 percent of annual sales for dealers and manufacturers
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NewsSuperyacht global orders dipped in 2019
The 2020 Global Order Book, tracking superyachts over 24 metres ordered or under construction annually, dropped by -3% to 807 projects in 2019, down from 830 in the previous year’s tally.
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NewsNorwegian boat sales back on track
After a downturn, the Norwegian boat market is back on a high level again. According to Batliv.no, sales have grown steadily since 2013 when the market hit a low of NOK 1.7bn (€170m) in sales.
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![NMT-op-SMM_1024-1024x764[1]](https://d1ajyvl96t5n4x.cloudfront.net/Pictures/100x67/8/3/7/7837_nmtopsmm_10241024x7641_818871.jpg)
NewsDutch superyachts cruise into new era
Lobbying job shifts to the Netherlands Maritime Technology pressure group after HISWA Holland Marine folds
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NMMA Data Dashboard shows mixed economic news
The latest version of the National Marine Manufacturers Association (NMMA) Data Dashboard, which measurers performance indicators of both wholesale and retail boating sales as well as general economic indicators and trends, is showing a mixed bag of results that can be viewed as mostly positive.
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NewsSuperyacht Refit Group grows business by 10% in 2018-19
Total value of activity among ICOMIA superyacht refit members was nearly €400m from 1,136 projects, representing approximately 40% of global business in the sector.
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