Ever since the great recession in 2007, the yachting industry has seen a series of mergers and acquisitions with many smaller yacht businesses being incorporated into the world’s largest yachting corporations. Chinese conglomerates have bought ownership in many of well-known yacht builders, while industry leaders in America and Europe continue to diversify by acquiring other companies. The month of July saw two yacht business acquisitions.
All businesses and industries around the world have been affected by the global coronavirus pandemic and the yachting industry is no exception. Perhaps one of the most immediate effects of the COVID-19 outbreak is the number of yachting industry events that were either canceled or postponed in response to COVID-19 health and safety concerns.
The year is coming to an end and all the year’s major international boat shows have come and gone. All that is left behind is the new yacht technology and innovations introduced at those industry events. From yachts to superyachts, you can expect these yacht tech innovations popping up in more and more vessels as we enter 2020. Here’s a look at the technological innovations yacht owners will be demanding in the new year.
The Fort Lauderdale International Boat Show (FLIBS) is an international event taking place in our own backyard. This event brings yachts, boats, trawlers, and vessels of all shapes and sizes to Fort Lauderdale’s Intracoastal Waterways. If you’re planning on attending the 2019 Fort Lauderdale International Boat Show, check out our guide for this international event.
Whether you’re hitting the water and buying a new boat or you’re looking to learn more about the latest developments in the marine industry, there are plenty of South Florida boat shows to drop anchor in 2019. There are plenty of boating events in Palm Beach, Fort Lauderdale, St. Petersburg, and beyond. Check out some of our favorite boat shows.
Yachts are more than the perfect way to reach vacation destinations or fish in pristine waters. Yachts and boats offer the perfect vantage point to enjoy 4th of July fireworks. Many yacht owners take things a step further by hosting a yacht party for 4th of July. Our MAN engine rebuild company shares safety tips for celebrating the holiday safely.
It’s almost time for one of the boating world’s most exciting events – The Miami International Boat Show. Our team at Marine Diesel Specialists is looking forward to participating in this fun-filled event. You’ll be able to find our marine engine experts at the MAN booth in the upcoming event. Here’s what you can expect to see at this great boating event!
Fort Lauderdale is known as the Venice of America, thanks to its intracoastal waterways and interconnected canals. From October 31 to November 4, the city will host over 1,200 exhibitors with over 1,000 boats on display at the Fort Lauderdale International Boat Show. Our team at Marine Diesel Specialists is happy to participate in this South Florida boating event.