More IBI Market News – Page 8
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NewsBoat boom leads to challenges in Southwest Florida
The upcoming 3-day Memorial Day weekend in America is the much-anticipated ‘official’ start of summer and typically one of boating’s biggest weekends… making it a favourite focus for local news outlets too
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Argentina’s headwinds can’t dampen enthusiasm for boating
Argentina’s economy is going through a period of great uncertainty caused by inflation and the devaluation of its currency, the peso. In addition to the critical economic situation, the pandemic is still rife within the country, with a high rate of Covid infection, and low levels of vaccination. In ...
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Canadian dealers face boat inventory, storage shortages
Marina dock and dry stack storage space is also at a premium
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As pandemic wanes, EU sees good growth for 2021, 2022
“The shadow of Covid-19 is beginning to lift from Europe’s economy,” says EU Economy Commissioner
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First European Covid impact study shows mixed impact on industry in 2020
Report also notes optimism for the years ahead
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Superyacht builders see busy April of deliveries, launches and orders
Lack of shows not hindering flow of work for several yards
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Japan sees surge in new boat and PWC licences but Covid emergency conditions reinstated
Around 16,000 people visited the 2021 Japan International Boat Show in Yokohama earlier this month According to the Japan Marine Industry Association, the first quarter of 2021 saw an increase of 37% in the number of new boat licence holders compared to the same period last ...
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US marine lenders see highest Q1 volume in six years
More than three quarters of lenders see increase in loan volumes compared to Q1 2020
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Boating gaining traction in China as Hainan initiative gathers momentum
Hainan Free Trade Port yacht initiatives gaining ground; Over 600 leisure boats now registered
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Covid-19: European boating, nautical tourism sectors expect ‘rather positive’ 2021
International Breakfast Meeting spotlights winners and losers in Covid battle; Impact of Covid outlined in new European Boating Industry study
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The market for outboard engines in Brazil
Brazil accounts for a signifigant proportion of outboard engines sold in South America
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Australia’s superyacht sector expands 100% with new law driving charter growth
More yachts, larger yachts and major infrastructure investment all part of expansion
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No slowing in US boat sales
But manufacturers face supply chain delays and material cost increases
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Supplying the supply chain: containers in short supply too
Another weak link in the supply chain: shipping delays, lack of containers and soaring freight costs. How long will it last?
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‘Made in Britain’ designation valued at £3.5bn a year to UK businesses
Freeport choices could also help UK marine leisure industry in post-Brexit initiatives
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Semiconductor shortage could have broad implications for boat industry
A perfect storm of tight supply and growing demand has left marine equipment manufacturers struggling to secure supplies of an increasingly critical component. IBI speaks to Navico CEO Knut Frostad and Raymarine General Manager Gregoire Outters for additional insight.
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Honda, Toyota halt North American production as supply chain woes worsen
Decades-old infrastructure issues made worse by security precautions
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Resin: “An unprecedented supply-demand imbalance”
In a year full of ’unprecedented’ scenarios, yet another has emerged in the market for resins – a key component for boatbuilding and many other industries
