The slowdown in global markets is impacting Europe’s leisure marine sector as rising inflation and interest rates have caused a cost-of-living crisis across much of the continent. Eurostat data reveals that annual inflation in EU countries averaged 9.2% in 2022 – Estonia saw rates hit 19.4%. Not surprisingly consumer confidence ...
There is water, there is demand, and finally it seems vital infrastructure development is starting to happen. This report was conducted in association with EBI as part of their #MadeInEurope campaign
One of mainland China’s major boatbuilding brands is Heysea Yacht, which builds a range of production and full custom motor, sailing cats and superyachts across three brands at its facility in Jiangmen, Guangdong.
IBI reviews the latest developments at China’s key electric outboard and inboard manufacturers
The Chinese leisure marine sector is bouncing back post-Covid, as key regions look to build on growing boating interest
The Celtic Tiger has been slumbering of late, its leisure marine sector long-plagued by short-sighted officialdom, but could all that be changing? The Covid boating boom has given fresh impetus to industry and to a government that shows signs of waking up to boating’s true potential. This report was conducted ...
Marinas in Ireland are experiencing extremely healthy demand for berths, with operators reporting long waiting lists.
South Korea has had a leisure boating sector for less than 20 years, but in that time the budding industry has established itself as a global leader in the development of next-generation boating technology
While South Korea may be a relatively new player in the marine electronics sector, it is rapidly gaining global prominence on the strength of truly eyebrow-raising innovations
An initial government commitment to develop four marinas has since blossomed into a much broader strategy to create more than 70 first class facilities in all, catering to everything from fishing vessels to superyachts
Cecil Wright broker gives market update in latest Heesen YachtTalk session
Britain, Netherlands lead the pack, according to Boats Group study
Latest NZ Marine statistics show size and growth of the market
Latest BIA statistics show total industry turnover up 16% over last six years
The UK marine industry appears to have bounced back from a brief downturn in sales
But charter vessel registrations up 12.8%
Latest NMMA figures show that boating’s economic impact jumped 35% between 2018 and 2023
Many fear that a continuation of Turkey’s fiscal policies will discourage foreign investors