Western Europe

Yacht Industry to Reach $51bln by 2020

In 2014, the global yacht charter market was valued at USD 35 billion and is projected to reach USD 51 billion by 2020, growing at a CAGR of 6.5% during the forecast period, according to Market Report. Region wise, Eastern Europe is expected to see the largest growth of 7.2% annually with other regions growing at an average rate of 6.5%. The emerging markets including the Middle East and China are expected to continue growing consistently. The Middle East yacht market has been experiencing an approximate annual growth of 5-10%.

Marine Businesses Choose DockMaster’s Hosted Solution

From coast to coast, dealers, marinas and boat yards have chosen a simpler, more convenient technology experience. Imagine running your business without having to purchase and maintain a server, incur heavy IT consultant expenses or perform regular backups of your data. For scores of marine businesses, that scenario has now become a reality. DockMaster,a  suite of marine business software, offers a hosted solution that allows companies to move technology—hardware, software and data—out of their facility and into the cloud. The result is less time and money spent on technology and more resources to focus on core business.

Photo: MaxSea

MaxSea TimeZero App Launched for iPad

MaxSea announced the launch of marine navigation app for iPad: MaxSea TimeZero, a solution for coastal navigation. The MaxSea TimeZero App is designed for outdoor use on small boats, where space is limited. MaxSea said its priority is to offer an extremely simple system allowing you to constantly display and have access to all the essential pieces of information for coastal sailing. The company said it features easy-to-use functionalities and the fastest and smoothest chart display ever, as well as 3D data and weather information for an unparalleled experience.