All articles by Subscriber-only – Page 205
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News
Malibu in exclusivity deal with Garmin
Garmin electronics to play pivotal role in improving the boating experience
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Norway
Record sales following sudden stop imposed by Covid
Out of lockdown, customers focus on domestic vacations with boating coming out as a major winner
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News
Cannes Yachting Festival 2021 to open in two weeks
IBI takes a look at some of the brands that will be on display
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Finland
Staycation phenomenon fuels major industry revival
Boat registrations up some 40% in just two years as younger boaters take to the water
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News
Boating coalition sinks triple-digit California boat registration fee increase
Boaters in the Golden State pay some US$107m in state fuel taxes
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News
Suntex acquires Florida Keys marina
The acquisition is Suntex’s first since its recapitalisation in March
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Belgium
No boats to sell or show as stock levels hit all-time low
Autumn show cancelled as pandemic stripped all stocks as a result of substantially increased sales during the crisis
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News
New Thai marina to open in December
Riverdale Marina to cater to a rise in demand for boating in Bangkok
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Germany
No signs of market coming off the boil anytime soon
Positive industry sentiment failing to be dampened by fragile global supply chains
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Greece
Charter sector set for strong rebound; claims superyacht top spot
Charter market on rebound with demand for superyacht charters at an all time high
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Netherlands
Winners and losers in Covid fallout
Delivery delays, soaring commodities costs and shaky supply chains hampering a quick return to normal
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News
Nimbus reports robust boat sales & orders for Q2
Sweden’s largest boatbuilder, the Nimbus Group, reported robust demand across the company’s traditional markets in Sweden, the Nordics and Europe, along with growing success in America. CEO Jan-Erik Lindström provided additional colour on the company’s progress in a call today with analysts.
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News
Mystery buyer gets Microsoft co-founders superyacht for £200m
When built, Octopus was the largest yacht in the world
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News
Covercraft sold to Audax Private Equity
Audax Group is a leading alternative investment manager
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News
Hammer Yacht forges ahead with new superyacht tender and HammerCat design
Yard owner says demand from the US market is strong
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Italy
Making up for months lost to lockdown
Europe’s first major boating market to feel the negative impact of Covid in 2020, has been one of its biggest winners as the world wakes up to boating
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France
Record-breaking dynamic as people turn to the water
Interest in boating rockets as freedom on the water proves perfect antidote to Covid restrictions
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Portugal
Rampant for now but how long can it last?
Boat sales, even without boatshows, at very high levels, as supply of second-hand boats dries up
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Turkey
New and used boat sales rocket creating supply headaches
Demand has been on the rise for last two years and order books at Turkish yards are full
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Poland
Boatbuilders eye record sales and production volumes
Demand hits peak with order books pushing into 2023 for some builders