Marine Link
Monday, November 20, 2017

Luxury Yacht Industry Booming

November 22, 2005

Reflecting continued optimism in the face of a rapidly changing global and political climate, new orders for luxury yachts grew 7.9 percent compared with year-earlier figures. The increase was spurred primarily by orders for motor yacht projects of 80 to 119 ft. (24 to 36 m), as well as those 150 ft. and larger. Italy retained its position as the world's leading luxury yacht-building nation, with 260 units and 29,804 linear feet of boats. The United States again placed second, with 85 units accounting for 10,621 linear feet. The Netherlands and the United Kingdom retained third and fourth place, respectively, while Germany surged to fifth.
Maritime Reporter Magazine Cover Nov 2017 - The Workboat Edition

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News