More IBI Market News – Page 13
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NewsSpain sees fall in superyacht activities
Charter and shipyard work impacted by Covid-19 pandemic
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NewsKiwi trailer boat builders busy despite lockdown
New Zealand is home to around 20,000 trailer boats from 3.5m-9.5m While some business sectors of New Zealand are finding things hard, especially the travel and food industry, not so it seems when it comes to the marine market. By all accounts, the Kiwi marine industry is ...
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NewsNumber of first-time boaters and female buyers up in US
Two new reports out this week indicate that it took just a few months of a global pandemic to reach what decades of marketing was only beginning to achieve: an increase in first-time and female boaters. Powersports marketing consultants Rollick has analysed and released data on boat-buyers entering the market ...
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NewsUS recreational fishing hits 12-year high
If there is a bright spot in the Covid-19 pandemic, one could certainly point to the outdoor recreation economy, which has been booming in the US since April, and now a new report from the Recreational Boating and Fishing Foundation (RBFF) bears that out, showing 50 million Americans have been ...
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NewsSpanish market rebounds as summer registrations rally
The rate of decline in pleasure boat registrations in Spain for this year appears to have slowed with -15% fewer registrations between January and August
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NewsFIN offers update on French boating market and says Paris Boat Show likely to go ahead
Show cancellations take gloss off positive summer season
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NewsCovid causes eastern shift in superyacht traffic
Greece, Turkey and Croatia emerge as most popular 2020 superyacht cruising grounds
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NewsAustralian marina industry proving resilient in face of Covid-19, according to report
Despite headwinds sector continues to expand
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NewsGeorgia plans to become Black Sea’s boating hotspot
Batumi believed to be earmarked for development
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NewsUS study says cost of onshoring supply chains from China could top $1 trillion
A new study by US-based Bank of America shows a growing appetite among manufacturers for repatriating overseas production in spite of potentially high costs A new research paper published by the Bank of America (BofA) notes an emerging shift among North American and European manufacturers toward onshoring ...
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NewsPositive US boating trends continue
Two metrics released today by the National Marine Manufacturers Association in America indicates boating continues to draw strong online interest – and more tangibly – sales
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NewsEuropean Overview: Bright spots amid the uncertainty
The fallout of Covid-related lockdowns and safety protocols has had far-reaching impacts on Europe’s industry, but there are winners amid the upheaval.
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NewsUS wholesale boat shipments soared 60% in June
Boat building in the US has ramped back up after the Coronavirus forced shutdowns at many plants, according to the latest statistics from the National Marine Manufacturers Association (NMMA)
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NewsInfrastructure key to Vermont’s boating growth
Just a month after the US Senate approved the Great American Outdoor Act aimed at pumping millions of dollars into maintenance and infrastructure of outdoor resources like boat ramps, the Covid-fuelled boating boom in the States has not eased, with dealers and manufacturers facing inventory shortages.
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NewsFirst-time boat buyers up 34% in US
New empirical data confirms anecdotal reports of high numbers of new boaters entering US market
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NewsHong Kong boating market shines while the rest of Asia struggles
The market is looking forward to the 1st Hong Kong Yacht Show in November
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NewsUS boat sales up 59% in May
The National Marine Manufacturers Association (NMMA) released new data on Wednesday confirming a surge in US boat sales for the month of May, with volumes rebounding by 59% over April’s numbers and growth observed across virtually every product category.
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NewsN&J researches Covid-19 and the response of UHNWIs and their spending
New research undertaken by international yacht services provider Northrop & Johnson (N&J) highlights that businesses in the luxury products and experiences sector will have to adapt how they deal with UNHWIs (ultra-high-net-worth individuals) in response to the challenges posed by Covid-19.
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NewsSuperyachts to play key role in Bermuda’s economic recovery
The Atlantic island of Bermuda has missed out on a number of international yacht regattas and sports fisher boat competitions, but the island’s government is now actively pursuing the superyacht market with the objective that it could make a key contribution in the country’s economic recovery.
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