Boat Manufacturers Anticipate China Boatshow

Press Release
Tuesday, January 29, 2013
Pre-CIBS Meeting:Photo credit CIBS

China (Shanghai) International Boat Show (CIBS) participating companies preview China's boating market.

On April 11th 2013 the China (Shanghai) International Boat Show  (CIBS) comes of age to shows itself a key player in the Chinese water leisure market.

CIBS has grown virtually every year since its birth in an underground car park 18 years ago and 2013 is no exception with its exhibition area up by 37% to 48,000 sq m, confirmed booths so far up 20% and a projected trade up around 30% to 3Bn RMB. In fact, the show is at 97% capacity with two full months to go until it opens its doors to the boat buying public. Audited visitor numbers to CIBS are expected to top 40,000.

In some ways CIBS has already started, as recently a forum of leading industry managers from Hessen, Sunseeker, Ferretti, Brunswick, Bavaria, Sunbird, Double Happiness and Sea Stella met to discuss the current position of the leisure boat business in China.

Comments at this forum reflected that Chinese customers were becoming smarter and wiser with an increasing sophistication and growing desire for after sales service and quality. It was also noted that local brands were growing in line with these increased expectationsC

It was also agreed that the market was growing in all sectors including: boat purchase funding, shared ownership, and purchase for family rather than corporate use. Challenges are also presented in education and training.
 

Maritime Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Maersk Sells Ven Drilling Barges

Danish shipping conglomerate A.P. Moller-Maersk said on Tuesday its offshore oil and gas drilling unit has sold its Venezuelan barge activities. Maersk Drilling

Deadliest Weekend Ever in the Mediterranean: UNHCR

More than 700 people fleeing Africa and the Middle East may have drowned in shipwrecks in the Mediterranean over the last week, bringing the death toll this year to almost 3,

BAE Systems Awarded 'USS Hopper' Repair Contract

US Department of Defense informs BAE Systems Hawaii, Honolulu, Hawaii, is being awarded a not-to-exceed $22,905,907 undefinitized contract action to a previously

Yachts

ZF Marine: New Transmissions, New CEO

Marine propulsion system technology providers ZF Marine says it expanded its portfolio of transmissions for the commercial craft segment when two hybrid-ready systems

Twin Disc Mid-Atlantic Hires Ricky White

Mill Log Equipment Company DBA Twin Disc Mid-Atlantic informs it has hired Ricky White as the Territory Manager for the southern Mid-Atlantic States to include

Newport International Boat Show Award Winners

Newport Exhibition Group, owners and producers of the Newport International Boat Show, announced today the results of this year’s Newport For New ProductsTM (NFNP) Awards.

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Ship Repair Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2811 sec (4 req/sec)