Allianz and Afloat - Supporting Irish Boating

Ireland's sailing, boating & maritime magazine

afloat blog header

Staging the boat show

20th November 2008
Staging the boat show
Last week I asked my bank manager if there was any danger of his bank going bust. Thankfully, he assured me it was in fine shape but it’s an indication of the times in which we live. A small marine business asking a banker if he was financially secure? Now there’s a turnaround if ever there was one.

It's a salutary reminder of just how crazy things have become and what difficult trading conditions lie ahead for all of us in the marine business. October 2008 is not an easy time to be writing to members about forecasts.


The Irish economy is facing a series of strong headwinds.

The substantial slowdown in housing activity is having a major drag on growth and the sector is likely to continue to contract for at least 12 months. The international credit crisis has exacerbated the housing correction and is also impacting on other sectors of the economy. Food, oil, gas and electricity prices have added to the squeeze on consumer

Retailers have had a very difficult summer. Stripping out the temporary boost to car sales from the VRT changes introduced in July, sales in the high street performed dismally. Retail sales excluding motor trades fell by 5.2% in the year.

Together, these factors have resulted in the most challenging economic environment in over two decades.

Against this background, the marine industry will stage its 25th boat show next February. And against the odds, it’s looking very positive. Already half of the exhibition space has been allocated and the IMF's exhibition organisers expect the RDS show to sell out by Christmas.

Of course, the fact that we are staging a show at all is a brave decision, but the take-up for it is an indication of marine industry resilience. Perhaps some can see brighter prospects on the horizon?

While it’s important that we showcase our industry to the best of our abilities, it’s equally important that the costs of exhibiting in the RDS are kept to a minimum for those members wishing to participate. In this regard the IMF are fortunate to have a strong boat show sub-committee chaired by Damien Offer.
Published in Editors Blog Team

About The Author Team

Email The Author is Ireland's dedicated marine journalism team.

Have you got a story for our reporters? Email us here.

We've got a favour to ask

More people are reading than ever thanks to the power of the internet but we're in stormy seas because advertising revenues across the media are falling fast. Unlike many news sites, we haven’t put up a paywall because we want to keep our marine journalism open. is Ireland's only full–time marine journalism team and it takes time, money and hard work to produce our content.

So you can see why we need to ask for your help.

If everyone chipped in, we can enhance our coverage and our future would be more secure. You can help us through a small donation. Thank you.

Direct Donation to Afloat button

Comment from Ireland's team of marine journalists

Blogarama - The Blog Directory blog directory Blog Directory

You can add site to improve your website reputation We added our site under News and Media Directory

Featured Sailing School

INSS sidebutton

Featured Clubs

dbsc mainbutton
Howth Yacht Club
Kinsale Yacht Club
National Yacht Club
Royal Cork Yacht Club
Royal Irish Yacht club
Royal Saint George Yacht Club

Featured Brokers

leinster sidebutton

Featured Associations

isora sidebutton

Featured Webcams

Featured Events 2021

vdlr21 sidebutton

Featured Sailmakers

northsails sidebutton
uksails sidebutton
quantum sidebutton
watson sidebutton

Featured Chandleries

CHMarine Afloat logo
osm sidebutton

Featured Marinas

dlmarina sidebutton

Featured Blogs

W M Nixon - Sailing on Saturday
podcast sidebutton
mansfield sidebutton
BSB sidebutton
wavelengths sidebutton

Please show your support for Afloat by donating