The government in Guangdong, China, is planning to build a superyacht market that includes plans for four yacht bases and two international cruise ports by 2020. Yacht-related activities also are planned for the region, including the Boat China & Water Sports Expo, organized by the Guangdon… [read more]
Yacht sales firms in the U.S. sold 1,670 used boats and yachts in November 2012, a decline of 152 boats or 8% compared to the year previous, and a drop in powerboat sales was the clear reason. According to YachtWorld member brokerages, powerboat sales were down 14%, from 1,457 to 1,257 boats sold.… [read more]
After stalling in September, the recreational boating and yachting industry roared back to life in October 2012 with double-digit sales increases in several categories during what is traditionally a low-volume month in the industry. Sales in the main powerboat segments rose 22.1%, to 3,490 boa… [read more]
The 2013 New York Boat Show is confirmed to take place on schedule, January 3-6 at the Javits Center in New York City, providing post-holiday offerings on everything from luxury motoryachts and sport fishers to performance boats, sailboats and thousands of marine and yachting accessories. Beyon… [read more]
Giant storms might not help new boat sales, but data show that they don’t deter them, either — in fact, storm-ravaged states have actually seen an uptick in boat and yacht sales, compared with the rest of the country, during the year following storm destruction. That’s according to data compiled by J… [read more]
Proposed legislation that would lift restrictions on long-term repairs for visiting boats would significantly enhance the Port Townsend economy, according to Diane Talley, a representative of the Port Townsend Marine Trades Association (PTMTA). “In Jefferson County, both tourism and marin… [read more]