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How Is COVID-19 Affecting The Yachting Industry?

How Is COVID-19 Affecting The Yachting Industry?

The coronavirus pandemic has affected the global economy and industries across the board. The yachting industry is no different. With travel restrictions in the Caribbean and Mediterranean putting a pause on the season, COVID-19 has had major effects on the industry and those working in it. A few industry professionals and leading influencers have talked about the changes they see happening in the industry due to the global health crisis as well as growing yachting industry concerns.

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New Yacht Technology That Will Be Popular in 2020

New Yacht Technology That Will Be Popular in 2020

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.

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Marine Engine Market Outlook

Marine Engine Market Outlook

Between commercial shipping, defense, and leisure maritime ventures, the waterways are primed for major growth in the marine engine outlook. Marine travel is still one of the most popular methods of transportation, shipping, and defense. Global Market Insights anticipate that the global marine engine market will surpass $13 billion USD by 2024, with the US industry size growing to $1 billion USD by the same year.1

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