More IBI Market News – Page 8
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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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Higher 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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Early 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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Despite 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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Spain 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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Polish boatbuilder expands sales, plans to double revenues in 2020
Polish boatbuilder eyes record revenues this year
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2019 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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Superyacht 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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Norwegian 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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Dutch 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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Superyacht 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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British Marine Scotland releases industry findings
British Marine Scotland, the regional association for the Scottish leisure marine industry, has released the findings of a survey designed to identify members’ views on the issues and priorities relevant to the sector in Scotland. The survey was held in May 2019.
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Global boating revenues head for €110bn in 2019
While the latest figures still have to be finalised, Udo Kleinitz, secretary-general of ICOMIA, told a packed audience on the opening day of METSTRADE that global boating revenues are on course to reach €110bn this year. If this occurs, 2019 will be the sixth year in a row that the ...
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US powerboat registrations on par with last year
New US powerboat registrations through September show retail sales down just under 1% on a rolling 12-month year-over-year basis and up 5% on a rolling three-month year-over-year basis, bringing retail units “back on par with last year”, according to the National Marine Manufacturers Association (NMMA).
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NMMA buoyed by latest US consumer confidence data
Newly-released data for October shows consumer confidence remains high in the US, in spite of overall indications of a slowing economy.
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NMMA releases full 2018 Statistical Abstract
The National Marine Manufacturers Association (NMMA) has released its completed 2018 Recreational Boating Statistical Abstract, billing it as the ‘most comprehensive collection of industry data and a trusted source for recreational boating statistics’.
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US powerboat registrations flat in August
New powerboat registrations in the US were down less than one percent in August, according to the National Marine Manufacturers Association’s (NMMA) 12-month, year-over-year rolling scale while down 2% on the rolling three-month, year-over-year basis.
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Italian boating industry sees fourth consecutive year of double-digit growth
talian marine industry association UCINA presented its latest figures on Thursday, marking the start of the 2019 Genoa Boat Show.
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UK boatbuilders report strong growth amid challenging conditions
New figures released by UK trade association British Marine at the 2019 Southampton International Boat Show, powered by Borrow A Boat, highlight that Britain’s boatbuilding revenue increased by 21.3% in 2018, totalling £777m in turnover.
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