It's not all bad news in the marine market
Amid widespread talk of a financial downturn in the marine industry, there is good news from some boat companies.
The Tarquin Boat Company, designers and manufacturers of the Trader range, have reported a healthy order book at the end of their second financial quarter with particular success in second hand boat sales.
Tarquin MD Tony Chappell says: “There is clearly a level of uncertainty in the market as a whole at the moment, however the recent success of Southampton and our annual brokerage show leaves us feeling cautiously optimistic.
“The success of our latest model, the Trader 42, continues and our product development plans remain firmly in place.”
His comments came after two of the industry’s biggest players, Fairline and Sealine, announced they were cutting jobs in preparation for a tough 2009.
UK motorboat dealer Sea Ventures has been taken into administration this week.
Tarquin’s annual brokerage show at their Emsworth marina, which coincided with the PSP Southampton Boat Show, proved a success with “a marked upturn in the second hand boat market”.
Six boat sales were made to a value of more than £1.1 million.