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#Yacht Charter Market Research Companies
bluerhinomedia · 10 days
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Sail in Style: Elevate Your Yacht's Online Presence with Blue Rhino Media
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Are you ready to set sail into the world of luxury yachting? At Blue Rhino Media, we specialize in crafting captivating websites and implementing effective marketing strategies tailored to showcase the allure of your yacht and attract discerning clients from around the globe. Let's embark on a journey to elevate your yacht's online presence and set course for success.
Crafting a Captivating Website
Stunning Visuals:
Captivate potential clients from the moment they land on your website with stunning visuals that showcase the elegance and sophistication of your yacht. Our team of designers will create a visually immersive experience, highlighting the sleek lines, luxurious amenities, and breathtaking destinations your yacht has to offer.
User-Friendly Navigation:
Ensure a seamless browsing experience with intuitive navigation that guides visitors effortlessly through your website. From detailed yacht specifications and photo galleries to itinerary options and booking forms, every aspect of your yacht's offering will be easily accessible and beautifully presented.
Mobile Optimization:
In today's mobile-driven world, it's essential that your website looks and performs flawlessly across all devices. Our responsive designs guarantee that your yacht's website will look stunning whether viewed on a desktop, tablet, or smartphone, ensuring that you never miss an opportunity to impress potential clients.
Effective Marketing Strategies
Search Engine Optimization (SEO):
Boost your yacht's visibility and attract qualified leads with strategic SEO optimization. Our team will conduct in-depth keyword research, optimize your website's content and meta tags, and implement proven SEO techniques to ensure that your yacht ranks prominently in search engine results.
Social Media Marketing:
Engage with your audience and build a loyal following with strategic social media marketing. From captivating Instagram posts showcasing your yacht's luxurious interiors to engaging Facebook ads promoting exclusive charter packages, we'll help you harness the power of social media to expand your reach and drive bookings.
Content Marketing:
Position your yacht as a premier destination for luxury travel with compelling content that captivates and inspires. Our team of experienced writers will create engaging blog posts, articles, and guides that showcase the unique experiences and destinations your yacht has to offer, establishing your brand as a trusted authority in the world of luxury yachting.
Email Marketing:
Stay top-of-mind with potential clients and nurture existing relationships with targeted email marketing campaigns. Whether promoting special offers, sharing exciting news and updates, or inviting clients to exclusive events, our email marketing strategies will help you build lasting connections and drive repeat business.
Set Sail for Success with Blue Rhino Media
Ready to elevate your yacht's online presence and attract high-end clientele from around the world? Partner with Blue Rhino Media and let us help you navigate the waters of digital marketing with confidence and style. Contact us today to learn more about our services and schedule a consultation.
Disclaimer: The views and opinions expressed in this article are those of Blue Rhino Media and do not necessarily reflect the views of any specific yacht company or organization.
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sailawayphuket · 8 months
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Tips to Select the Best Yacht Charters Phuket
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For seasonal travel, choosing to lease a boat seems more reasonable. Tourists are permitted to go to an island at least once every month. To support your maritime lifestyle, Yacht Charters Phuket must give the greatest yacht offerings. Finding a yacht charter that would fit your trip demands can be tough. The specialists are very accommodating in delivering a private yacht to any tourist. You can contact them online to book your vacation and start it immediately.
The boat market is a terrific resource for people who appreciate the water. It must offer the best cruises and other ocean-related activities. The following considerations should be evaluated when considering Yacht Charters Phuket:
Cost
The price of yacht charters depends on various factors. Depending on your trip, you can incur additional charges like petrol, mooring, and cleaning.
If you need assistance finding out how much it will cost to employ a yacht, chat with a yacht broker. Establish a budget to categorize the type of yacht that you might purchase. Be prepared for costs to be applied to the charter fee.
Determine the sort of boat.
Next, pick which boat type best meets your needs. There are various possibilities, including sailboats, motor yachts, catamarans, and luxury yachts. Since each boat type offers a different experience, consider the number of people in your group, necessary amenities, and comfort levels.
Look into Reputable Charter Companies
Finding the ideal Yacht Charters Phuket choice requires thorough research on trusted charter firms. Look for organizations with an established track record, exceptional client evaluations, and a reputation for superior service. Ensure the company has the appropriate licenses and certificates to provide a safe and happy experience.
Consider the Crew
Regardless of what you may be thinking, the crew is important to the success of any crewed boat charter. Learn as much as you can about the staff's credentials and reputation. They should be trained, experienced, and aware of concerns of safety. Check reviews and testimonies to learn more about the crew's competence, civility, and ability to meet guests' demands.
Determine the Route
Examine the selection of itineraries that the charter company provides. Do they offer flexibility and customization based on your preferences? Look for firms that let you establish your itinerary or that might provide exciting choices for attractions and activities based on your likes. The ideal agenda would include leisure, sightseeing, and exciting events.
Location
Every traveler has a list of destinations they aspire to visit. This needs to happen first, even before selecting to hire Boat Charter Phuket. Consider instances in which you could put your sailing expertise to use. For example, you can engage in more adventurous yacht activities on faraway islands, like scuba diving, kayaking, and fishing. Think about the optimal times of year to visit a given beach.
Think about safety
All you need to do to enjoy a yacht rental is board the boat and soak in the ocean wind. To ensure safe travel, it features a seasoned captain. Your level of enjoyment will influence this factor, as some people adore yachting alone.
It must be adequately insured to assure everyone's security in the worst-case circumstances. Reputable yacht charter organizations maintain their yachts in compliance with international standards. Overall, when you navigate oceans, your mind will be at ease.
Conclusion
When picking the ideal Boat Charter Phuket, it's vital to thoroughly evaluate your aims, preferences, and safety. Investigate reliable businesses, analyze the people and safety practices, evaluate the pricing and inclusions, and ask for advice. Studying the fine print and visiting the boats in person will make you feel secure and at rest about your decision. If you pick the right charter, your boat excursion will be a pleasant experience on the open waters. If you need any help, you can rely on Sail away Phuket.
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poojascmi · 10 months
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Exploring New Horizons: Emerging Opportunities in the Catamaran Market during the Forecast Period 2018-2023
The Catamaran Market is experiencing a period of significant growth and diversification, presenting exciting opportunities for stakeholders and entrepreneurs in the maritime industry. As consumers seek unique and immersive travel experiences, catamarans have gained popularity for their versatility, stability, and comfort on the water. This report delves into the emerging opportunities in the Catamaran Market, ranging from innovative design concepts to exploring new markets and customer segments.
Sustainable Catamaran Designs: With growing environmental consciousness, there is an increasing demand for sustainable and eco-friendly catamarans. Manufacturers are exploring alternative materials, such as recycled composites and renewable energy sources, to create greener vessels that minimize their ecological footprint.
Electric and Hybrid Catamarans: The advancement of electric propulsion technology has opened up new possibilities for electric and hybrid catamarans. These vessels offer reduced emissions and quieter operation, making them ideal for eco-tourism and environmentally sensitive destinations.
Adventure Tourism and Expedition Cruises: Catamarans are well-suited for adventure tourism and expedition cruises, allowing travelers to explore remote and rugged destinations with ease. Companies are tapping into this market by offering specialized itineraries that focus on wildlife encounters, cultural immersion, and off-the-beaten-path experiences.
Small and Customized Catamarans: There is a rising demand for small and customized catamarans that cater to niche markets. These vessels can serve as private yachts, research platforms, or specialized charter options, appealing to clients with specific needs and preferences.
Catamarans for Charter and Fractional Ownership: Fractional ownership and charter programs are becoming popular options for individuals who want to enjoy catamaran experiences without the full financial commitment of owning a vessel. Companies are offering fractional ownership models and catamaran charter services to cater to this growing demand.
Digitalization and Connectivity: The integration of advanced technology in catamaran design enhances the onboard experience for passengers. Companies are incorporating digitalization and connectivity features, such as smart navigation systems, entertainment hubs, and high-speed internet, to meet the expectations of tech-savvy travelers.
Luxury Catamaran Charter Market: The luxury catamaran charter market is expanding as more affluent travelers seek exclusive and private sailing experiences. Companies are investing in top-of-the-line luxury catamarans equipped with premium amenities and personalized services to attract high-end clientele.
Catamarans for Coastal and Island Transport: Catamarans are ideal for coastal and island transport due to their shallow draft and maneuverability. They are being utilized as water taxis, ferry services, and inter-island transport, addressing transportation needs in regions with extensive coastlines and island clusters.
Catamarans for Research and Exploration: Catamarans offer stability and ample deck space, making them suitable platforms for marine research, exploration, and conservation efforts. Companies are collaborating with research institutions and NGOs to provide catamarans equipped with scientific instruments and laboratories for marine studies.
Emerging Markets and Geographical Expansion: The Catamaran Market is witnessing growth in emerging markets, particularly in Asia-Pacific and South America. Manufacturers and charter companies are expanding their operations and services to tap into the potential of these regions.
In conclusion, the Catamaran Market is teeming with emerging opportunities that cater to diverse customer preferences and market demands. Sustainable designs, electric propulsion, adventure tourism, and customized offerings are some of the key drivers shaping the future of the catamaran industry.
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marryp · 11 months
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Finding High Quality Yacht Sales in Fort Lauderdale
If you are looking for a high-quality yacht sales experience in Fort Lauderdale, you've come to the right place. Fort Lauderdale is truly one of the world's premier yachting destinations, with its vast array of marinas, luxurious waterfront accommodations, world-renowned charter companies and much more. The city is home to a large variety of experienced yacht brokers and yacht dealers who can help guide you through the entire purchasing process. Whether you are looking for a brand-new vessel or something more pre-owned, you can rest assured that you're going to be provided with the best selection available on the market. With experienced staff members always on-hand to answer your questions, you can be sure that you will have the yacht of your dreams in no time. From a personalized search process to one-on-one conversations with the right brokers and dealers, you can trust that you are getting quality yacht sales in Fort Lauderdale. Yacht sales Fort Lauderdale is an excellent place for those looking to buy or sell their dream boat.
The Advantages of Yacht Shopping In Fort Lauderdale 
Fort Lauderdale is the perfect place to buy a yacht. The city is home to a wide selection of marinas and boat sales dealerships, providing customers with a great opportunity to compare many different models and sizes of yachts in one area. Most yacht sales dealers in Fort Lauderdale have access to many different manufacturer lines, as well as various financing options, enabling customers to purchase or lease the perfect yacht from the comfort of their own home. Furthermore, there are a number of recreational activities available for yacht owners in and around Fort Lauderdale, such as fishing, sailing, and cruising. Yacht shoppers in Fort Lauderdale also benefit from the relatively warm climate year-round, which eliminates any worries of freezing waters while out on the open seas and provides ideal conditions for maintenance. 
Factors to Consider When Searching for High Quality Yacht Sales in Fort Lauderdale 
When searching for high quality boat sales dealerships in Fort Lauderdale, it is important to keep in mind several key factors. First, customers should always be sure to research each of the sales dealerships to ensure they are licensed and certified to provide the services they offer. Generally, services such as parts and maintenance should be certified by the manufacturer, and the dealership should have a variety of boats in inventory from different manufacturers. Additionally, customers should also check out the dealership’s customer service record, warranty policies, and any reviews they can find online or through word of mouth. This will help customers be sure they have chosen the best yacht sales dealership in Fort Lauderdale. 
How to Identify the Best Yacht Dealers in Fort Lauderdale? 
When trying to identify the best yacht dealers in Fort Lauderdale, customer reviews can become very helpful. Sites such as Yelp and Angie’s List often provide honest reviews from customers who have used yacht sales dealerships in the area. Additionally, customers can also take a look at the ratings and reviews on the dealership’s official website, which typically offer the most accurate depiction of customer satisfaction. Customers should pay particular attention to any comments regarding customer service, as this is a key factor when looking for the best yacht dealers. Lastly, customers should look for any accreditations or certifications that the dealer may have such as ISO 9001 certification. This will ensure that the yacht sales dealership is providing customers with the best possible services and products. 
Yacht Financing Options for Buyers In Fort Lauderdale 
Buying a yacht can be a very expensive venture, but fortunately there are several financing options available for customers in Fort Lauderdale. Customers should first research the available loan options to see which ones may best fit their budget. Some of the most popular options include direct credit loans, Marine financing, and peer-to-peer yachting, which provide various deals and interest rates. Additionally, customers may also want to look into the potential tax advantages of owning a yacht. Furthermore, most yacht dealerships in Fort Lauderdale also have access to various financing options, so customers should be sure to shop around to ensure they get the best deal. 
Reliable Service and Maintenance for Fort Lauderdale Yacht Sales 
When buying a yacht from a Fort Lauderdale yacht sales dealership, customers should also ensure that they have access to reliable and efficient service and maintenance. Generally speaking, customers should be sure to choose a dealership that specializes in providing maintenance and repair services, particularly for the particular manufacturer’s boats. Furthermore, customers should also look into the dealership’s service policies, as this will help ensure that any issues with the boat can be quickly and efficiently addressed. Additionally, customers can research the available warranties for the yacht, as these will ensure that any issues that arise over the course of ownership are properly addressed without any extra cost. 
The Benefits of Joining a Yacht Club in Fort Lauderdale 
Yacht clubs in Fort Lauderdale not only provide an opportunity for individuals to socialize and make friends, but they also provide several benefits for yacht owners. For starters, yacht clubs typically have access to a variety of ports and marinas, providing customers with great opportunities for seafaring. Furthermore, yacht clubs also generally offer perks such as discounts from manufacturers and various related businesses. Additionally, yacht clubs also tend to set up fishing tournaments and competitive sailing regattas, offering customers a fantastic opportunity to showcase their skills. Last but not least, yacht clubs typically have an established network of experienced sailors and professionals, giving customers additional resources when it comes to navigation and general boating expertise. 
Where to Look for Reviews of Fort Lauderdale Yacht Sales? 
When researching yacht sales dealerships in Fort Lauderdale, customers should be sure to look into any reviews or ratings that are available online. Websites such as Yelp and Angie’s List offer customers honest feedback from real customers, which can prove invaluable when trying to identify which dealership is the best fit. Additionally, customers can also look at the dealer’s website to see if there is any information on customer satisfaction ratings or reviews. Forums such as Boating-Sailor and Yacht Exchange also allow customers to post their experiences with various dealerships for other customers to read and discuss. By researching all these sources, customers can be sure to find a reputable and reliable yacht sales dealership in Fort Lauderdale.
Conclusion
In conclusion, finding high quality yacht sales in Fort Lauderdale is not difficult, provided that the buyer is aware of the different aspects to consider and is willing to take their time to research and compare different yacht sales companies. Though the market is large and competitive, the knowledgeable buyer can find a quality boat sales company in Fort Lauderdale by looking for well-established operations, researching the online market, and attending boat shows and boat shows events to discover the finest yachts and services. With the right market knowledge and commitment, it is possible to find excellent yacht sales in Fort Lauderdale.
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awesomechrisharry · 1 year
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Yacht Charter Market Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2021 - 2031
The global Yacht Charter market is estimated to attain a valuation of US$ 40.5 Mn  by the end of 2031, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 6.1% during the forecast period, 2022-2031.
The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders of the Yacht Charter industry. The current and historical status of the market together with forecasted market size and trends are demonstrated in the assessment in simple manner. In addition, the report delivers data on the volume, share, revenue, production, and sales in the market.
Request for a sample of this research report at (Use Corporate Mail Id for Quick Response) - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=11225
The report by TMR is the end-product of a study performed using different methodologies including the PESTEL, PORTER, and SWOT analysis. The study with the help of these models shed light on the key financial considerations that players in the Yacht Charter market need to focus on identifying competition and formulate their marketing strategies for both consumer and industrial markets. The report leverages a wide spectrum of research methods including surveys, interviews, and social media listening to analyze consumer behaviors in its entirety.
Yacht Charter Market: Industry Trends and Value Chain
The study on the Yacht Charter market presents a granular assessment of the macroeconomic and microeconomic factors that have shaped the industry dynamics. An in-depth focus on industry value chain help companies find out effective and pertinent trends that define customer value creation in the market. The analysis presents a data-driven and industry-validated frameworks for understanding the role of government regulations and financial and monetary policies. The analysts offer a deep-dive into the how these factors will shape the value delivery network for companies and firms operating in the market.
Buy this Premium Research Report | Immediate Delivery Available at - https://www.transparencymarketresearch.com/checkout.php?rep_id=11225&ltype=S
Yacht Charter Market: Branding Strategies and Competitive Strategies
Some of the key questions scrutinized in the study are:
What are some of the recent brand building activities of key players undertaken to create customer value in the Yacht Charter market?
Which companies are expanding litany of products with the aim to diversify product portfolio?
Which companies have drifted away from their core competencies and how have those impacted the strategic landscape of the Yacht Charter market?
Which companies have expanded their horizons by engaging in long-term societal considerations?
Which firms have bucked the pandemic trend and what frameworks they adopted to stay resilient?
What are the marketing programs for some of the recent product launches?
The list of key players operating in the Yacht Charter market includes following names:
Boat International Media Ltd.,Boatbound Inc.,Burgess,Charter Yachts Australia,CharterWorld LLP,Dream Yacht Charter,Fairline Yacht,Fraser Yachts,Incrediblue Ltd.,Inter Yacht Charter,Martello Yachting and Company
Request for customization of this research report at - https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=11225
Yacht Charter Market: Assessment of Avenues and Revenue Potential in Key Geographies
Some of the key aspects that the study analyzes and sheds light are:
Which regions are witnessing rise in investments in the supply chain networks?
Which countries seems to have benefitted from recent import and export policies?
Which regions have witnessed decline in consumer demand due to economic and political upheavals?
Which are some the key geographies that are likely to emerge as lucrative markets?
Which regions are expected to lose shares due to pricing pressures?
Which regions leading players are expected to expand their footprints in the near future?
What are some the sustainability trends impacting the logistics and supply chain dynamics in the Yacht Charter market?
What are some of the demographic and economic environments that create new demand in developing economies?
How are changing government regulations shaping business strategies and practices?
About Us Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
Contact Us
Nikhil Sawlani Transparency Market Research Inc. CORPORATE HEADQUARTER DOWNTOWN, 1000 N. West Street, Suite 1200, Wilmington, Delaware 19801 USA Tel: +1-518-618-1030 USA – Canada Toll Free: 866-552-3453
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blogaarti · 1 year
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Yacht Charter Market Will be Worth US$25.53 Bn by 2027
The global yacht charter market is driven by an upsurge in leisure activities as consumers across demographics discover the pleasure of yachting to exotic locations. Charter yachts are immensely popular as they rival the best that luxury hotels have to offer with the added advantage of complete seclusion as any tourists can travel to a waterbody of their choice. Tourists can visit several locations in a single trip and avoid the inconvenience of bumper-to-bumper traffic or lengthy waits at airport departure lounges, making yacht charters extremely appealing for those pressed for time or willing to pay for a premium experience.
 As per Fairfield Market Research, the global yacht charter market is on track to register an impressive CAGR of 22.85% from 2021 to 2027.
 For More Industry Insight Read: https://www.fairfieldmarketresearch.com/report/yacht-charter-market
 Government Initiatives to Play Major Role in Popularizing Yacht Charters
National governments are putting various initiatives in place to boost local tourism and yacht charters are vital in this. The govt. of Indonesia has excluded the Clearance and Approval for Indonesian Territory (CAIT) from its marine tourism policy. This resulted in a profit of $600 million in 2019 alone.
 Yacht Charter Companies Entering Into Celebrity Partnerships to Raise Awareness
Yacht charter companies are seeking out alliances with social media influencers to tap previously undeserved millennial or Gen Z audiences. Celebrities are chartering yachts for private getaways and documenting their experiences on social media, exponentially raising awareness among younger clientele who have the disposable income to indulge in luxuries such as charter yachts.
 Motor Yachts Most Popular in the Yacht Charter Market Due to Their Design and Range
The motor yacht segment is anticipated to race ahead of other segments in the yacht charter market as it can cover maximum distances in the shortest timeframe. The shallow design of motor yachts allows them to easily enter narrow passages and coastlines, boosting their demand amongst end-users. Motor yachts have a larger deck space than other options in the yacht charter market, allowing tourists to be in the lap of luxury while travelling the high seas.
Wealthy Europeans to Continue Chartering Yachts to Travel to Unexplored Locations
Europe comprised almost half of the global yacht charter market with a share of 48% in 2020 and this is likely to continue for the forecast period. Europe has long been a highly sought-after tourist destination and Mediterranean nations such as Turkey and Italy will propel demand going forwad. Several companies on the continent already offer a combination of online yacht charter bookings with flights to provide a complete package to travellers.
 The presence of a significant high-net-worth (HNI) population has resulted in a large number of watercraft licenses issued here to cater to the wealthy clientele’s discerning taste. In 2017, the European Commission stated that 60,000 yachts in European waters generate revenue of Euro 6 billion annually. Nonetheless, the highest growth rate of 24% is predicted to be in the dynamic Asia Pacific region as robust economic growth leads to a spike in HNIs, especially in Southeast Asia.
 Companies Looking at Both Organic and Inorganic Growth in the Yacht Charter Market
Companies in the yacht charter market are adopting different strategies including mergers and acquisitions, joint ventures, and collaborations to strengthen their competitive position. Companies studied in this report on the yacht charter market are Mertello Fairline Yacht, Thai Charters, Dream Yacht Charter, Fraser Yacht, Charter Yachts Australia, Boatbound Inc., CharterWorld LLP, Incrediblue Ltd., Burgess, Boat International Media Ltd., Simpson Marine, Northrop & Johnson, and Sailing Thailand Island Cruises Co., Ltd.
 In 2018, Sailogy S.A. acquired Master Yachting and became the number one company in the yacht charter market. In the same year, rival Princess Yachts launched six models developed through its GBP 100 million investment programme from 2015. Other companies such as Click&Boat and Marine Max Group have also chosen an acquisition strategy to solidify their presence in the yacht charter market.
 Get a Sample Copy of Yacht Charter Market: https://www.fairfieldmarketresearch.com/report/yacht-charter-market/request-sample
 About Us
Fairfield Market Research is a UK-based market research provider. Fairfield offers a wide spectrum of services, ranging from customized reports to consulting solutions. With a strong European footprint, Fairfield operates globally and helps businesses navigate through business cycles, with quick responses and multi-pronged approaches. The company values an eye for insightful take on global matters, ably backed by a team of exceptionally experienced researchers. With a strong repository of syndicated market research reports that are continuously published & updated to ensure the ever-changing needs of customers are met with absolute promptness.
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Yacht Charter Market Future Aspect Analysis and Current Trends by 2016 to 2030
The yacht charter market was worth USD 22.3 million in 2021 and is anticipated to expand at a CAGR of 6.1% over 2022-2030. It is further reckoned to be influencing by various growth inducing factors and accumulate a valuation of USD 40.5 million by 2030.
Chartering a sailboat or motor yacht to travel to different coastal or island sites is known as yachting. Yachts were historically mostly rented for recreational purposes and vacations, but now more and more people are using them for business and political gatherings. The larger boat charter industry includes the yacht charter sector.
Furthermore, due to increased ownership costs for yachts in regions like Europe and North America, there is an increase in marine tourism, aquatic recreational activities, and a preference for yacht chartering over ownership of motor and luxury yachts. Additionally, it is anticipated that the revenue from yacht charter will rise as a result of services like cabin, skippered, and crewed chartering.
The act of renting or chartering a sailboat or motor yacht and sailing to different coastal or island sites is known as yachting. It plays a significant role in the area of service related to recreational boating. It was challenging for the consumers who were active in the recreational boating business to want to maintain the boats because they don't want to miss out on the fun of yachting and sailing. Renting out recreational craft has consequently developed into a key component of maritime tourism. Sales fell as a result of an intensifying trend, however rental boat services were less negatively impacted.
Get Free Sample Access:- https://wemarketresearch.com/sample-request/yacht-charter-market/495/
Global Yacht Charter Market- Segmental assessment
By Type
Motorized Yacht
Sailing Yacht
Others
The motorized segment is likely to showcase a considerable progression by 2030. This is attributable to the various benefits offered by motor yachts including high speed, enhanced power, along with the ability to cover longer distances in lesser time.
By Size
Small
Medium
Large
By Application
Vacation/Leisure
Sailing
Others
The vacation/leisure segment is slated to generate significant returns over the stipulated timeline due to the rising disposable income of the masses and increasing developments in the marine tourism sector.
Top players profiled:-
Northrop & Johnson, Yachtico Inc., Sailogy S.A., Burgess, Ionian Catamarans, IYC, Royal Yacht International, and Princess Yacht Charter
Access Full Report:- https://wemarketresearch.com/reports/yacht-charter-market/495/
Frequently Asked Questions
What is the growth rate projection for Global Yacht Charter Market over 2022-2030?
What are the expansion determinants for Global Yacht Charter Market?
What are the primary segments covered in the Global Yacht Charter Market report?
What are the major regions present in the Global Yacht Charter Market?
Which is the fastest growing region in the Global Yacht Charter Market?
About We Market Research
WE MARKET RESEARCH is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep rooted market studies and insightful analysis of different markets.
Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. WE MARKET RESEARCH is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.
Contact Us:
We Market Research
Phone: +1(929)-450-2887
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trylkstopocket · 2 years
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Market Wrap: Bitcoin and Stocks Rise After Fed Raises Rates; Growth Concerns Ease
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Damanick was a crypto market analyst at CoinDesk where he wrote the daily Market Wrap and provided technical analysis. He is a Chartered Market Technician designation holder and member of the CMT Association. Damanick is also a portfolio strategist and does not invest in digital assets.
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Angelique is a market contributor at CoinDesk.
Bitcoin (BTC) rose toward $40,000 during the New York trading day. The price rise offset a brief period of selling immediately after the U.S. Federal Reserve raised its policy interest rate by a half-percentage point, its biggest hike since 2000.
The Fed also approved plans to start reducing its bond portfolio, which will ease monetary stimulus that has contributed to the rise in speculative assets, including stocks and cryptos.
The Federal Open Market Committee, which sets interest rates, stated that ongoing rate increases within the target range will be appropriate, which suggests another hike could occur at the Fed's meeting next month, albeit likely below 0.75 percentage points as some traders expected.
Rising rates typically precede slowing economic growth, which could weigh on asset prices. Still, during a press conference on Wednesday, Federal Reserve ChairJerome Powell stated that the U.S. economy remains very strong and could handle rising interest rates.
Most cryptocurrencies traded higher over the past 24 hours, tracking moves in stocks. Meanwhile, gold ticked higher as the U.S. dollar declined.
Embracing risk over the short term
The bitcoin Fear & Greed Index ticked lower into "extreme fear" territory, indicating a lower appetite for risk among crypto traders.
The index has remained in "fear" territory over the past few months, marking a decisive shift in "extreme greed" sentiment in November of last year.
An increase in trader sentiment would require a rise in BTC's price, with a gradual increase in trading volume and volatility. Generally, high buying volumes in a positive market on a daily basis indicate bullish activity, according to Alternative.me, which constructs the index.
Bitcoin's dominance, or BTC's market capitalization relative to the total crypto market cap, accounts for 10% of the Fear & Greed Index.
BTC is outperforming alternative cryptos (altcoins) so far this year, but gave up some of its lead in the past few days. That could point to improving sentiment among traders over the short term, especially as stocks and cryptos enter a seasonally strong period.
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Bitcoin Fear & Greed Index (Arcane Research)
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Crypto returns month to date (MTD) and year to date (YTD) (CoinDesk)
Altcoin roundup
Starbucks teases Web 3 platform in NFT announcement: Starbucks (SBUX) plans to launch a series of non-fungible token (NFT) collections, according to a company blog post published Tuesday. The popular coffee chain says its NFTs will provide “unique experiences, community building and customer engagement,” complementing its current app-based digital ecosystem, according to the post. Read more here.
Valkyrie launches Avalanche trust for TradFi exposure to AVAX token: Crypto investment firm Valkyrie said Wednesday it is launching an Avalanche Trust for traditional investors looking to gain exposure to the Avalanche ecosystem. According to people familiar with the matter, the trust has already secured $25 million. The Avalanche Trust launch comes two weeks after Valkyrie established a “Multi-Coin Trust” that invested in a basket of base-layer tokens including AVAX. Read more here.
APE surges, sinks as Elon Musk teases with Bored Ape collage as profile picture: ApeCoin (APE), the native token of the Bored Ape Yacht Club (BAYC) ecosystem, surged and then sank during the European trading session as Tesla (TSLA) founder Elon Musk put up a collage of Bored Apes as his Twitter profile picture on Wednesday. Read more here.
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azothanalytics · 2 years
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Global Yacht Market: Insights and Forecast with Impact of COVID-19 (2022-2027)
According to a research report published by Azoth Analytics in July 2021, the Global Yacht Market was valued at USD 7.98 Billion in the year 2021. One of the most important factors impacting the yacht market is the increase in the UHNWI population. As the HNWI increases, the addressable customer base of the yacht industry also increases. This provides a strong tailwind for the manufacturers of yachts. ��
In addition to a growing customer base of UHNWIs, the size of their wealth is also expected to grow in the coming years. This would translate into an increasing average size of yachts or customers shifting towards models with a higher degree of customization and premium features. In both cases, this should support growth in the average selling price of yachts. Furthermore, the market has been growing over the past few years, due to factors such as growing demand for luxury tourism, rising construction of super yachts, a growing number of boat shows, favourable government initiatives, and increasing demand for yacht charter, etc.
The market is projected to grow at a fast pace during the forecast period, due to various latest trends such as customization and personalization, acute focus on eco-friendly and sustainable products, the internet of things, yachts run quieter due to tech advances, explorer yachts are continuing to rise in popularity, etc.
Based on the Vessel Type, the market is segmented into Super/ Mega, Flybridge, Sport, Cruiser, and Others. The Super/ Mega yacht segment is expected to grow at a higher CAGR during the forecast period as the high share of this segment can be attributed to the high popularity of these yachts among the end-users.
Americas is estimated to hold the maximum share in the global Yacht Market in 2021. During the forecast period, Asia-Pacific is set to be the fastest-growing regional market. Furthermore, Asia-Pacific is seeing great growth as a result of a variety of factors. Several factors have contributed to the rapid growth of Yacht markets in Asia-Pacific.
Scope of the Report
• The report analyses the Yacht Market By Value (USD Million) and by Volume (in numbers)  
• The report analyses the Yacht Market By Vessel Type (Super/ Mega, Flybridge, Sport, Cruiser, Others)
• The report analyses the Yacht Market By Length (Up to 20 m, 20-50 m, Above 50 m)
• The report analyses the Yacht Market By Application (Private Use, Commercial Use)
• The report analyses the Yacht Market By Propulsion (Motor, Sailing)
• The Global Yacht Market has been analysed by Countries (United States, Canada, Mexico, Brazil, United Kingdom, Germany, France, Italy, China, Australia, Japan)
• The key insights of the report have been presented through the frameworks of Porter’s Five Forces Analysis. Also, the attractiveness of the market has been presented by region, By Vessel type, By Length, By Application, By Propulsion
• Also, the major opportunities, trends, drivers and challenges of the industry have been analysed in the report.  
• The report tracks competitive developments, strategies, mergers and acquisitions, new product development. The companies analysed in the report include – Ferretti S.p.A., Sanlorenzo S.p.a., HanseYachts AG, Brunswick Corporation, Beneteau Group, Ocean Alexander, Azimut Benetti, Princess Yachts, Sunseeker International, Damen Group  
• The report presents the analysis of the Yacht Market for the historical period of 2016-2021 and the forecast period of 2022-2027.
For more Information:
Derrick Samson
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Address:  1321 Upland Dr. PMB 15832
Houston, Texas, 77043,
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Mobile: +1 832 495 4885
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businessertreter · 2 years
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Global And Regional Analysis Of Electric Yacht Charter Market Market Positioning,And Forecast By 2028 | Sailogy SA, Yachtico Inc., Zizooboats GmbH
The recent research report on the Global Electric Yacht Charter Market 2022-2028 explains current market trends, possible growth rate, differentiable industry strategies, future prospects, significant players and their profiles, regional analysis, and industry shares as well as forecast details. The detail study offers a wide range of considerable information that also highlights the importance of the foremost parameters of the world Electric Yacht Charter market.
Market Is Expected to Reach Rise At A CAGR Of 5% During The Forecast Period
(Exclusive Offer: Flat 30% discount on this report)
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Top Key Players are covered in this report:
Sailogy SA, Yachtico Inc., Zizooboats GmbH, Fraser Yacht, Boatsetter, Northrop & Johnson, Nautal, Martello Yachting And Company, Princess Yacht Limited, Charter Yachts Australia, Thai Charters, Simpson Marine
On the Basis of Product, the Electric Yacht Charter Market Is Primarily Split Into
·         Pure Electric
·            Electric Hybrid
On the Basis of End Users/Application, This Report Covers
·         Commercial Lease
·            Personal Lease
The regions are further sub-divided into:
-North America (NA) – US, Canada, and Mexico
-Europe (EU) – UK, Germany, France, Italy, Russia, Spain & Rest of Europe
-Asia-Pacific (APAC) – China, India, Japan, South Korea, Australia & Rest of APAC
-Latin America (LA) – Brazil, Argentina, Peru, Chile & Rest of Latin America
-The Middle East and Africa (MEA) – Saudi Arabia, UAE, Israel, South Africa
Major Highlights of the Electric Yacht Charter Market report study:
·         A detailed look at the global Electric Yacht Charter Industry
·         The report analyzes the global Electric Yacht Charter market and provides its stakeholders with significant actionable insights
·         The report has considered all the major developments in the recent past, helping the users of the report with recent industry updates
·         The report study is expected to help the key decision-makers in the industry to assist them in the decision-making process
·         The study includes data on Electric Yacht Charter market intelligence, changing market dynamics, current and expected market trends, etc.
·         The report comprises an in-depth analysis of macroeconomic and microeconomic factors affecting the global Electric Yacht Charter market
·         Market Ecosystem and adoption across market regions
·         Major trends shaping the global Electric Yacht Charter market
·         Historical and forecast size of the Electric Yacht Charter market in terms of Revenue (USD Million)
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Market Segment Analysis:
The Electric Yacht Charter Report provides a primary review of the industry along with definitions, classifications, and enterprise chain shape. Market analysis is furnished for the worldwide markets which include improvement tendencies, hostile view evaluation, and key regions development. Development policies and plans are discussed in addition to manufacturing strategies and fee systems are also analyzed. This file additionally states import/export consumption, supply and demand, charge, sales and gross margins.
Browse Full Report at:
https://www.theresearchinsights.com/reports/global-electric-yacht-charter-market-growth-2022-2028-512095?mode=V004
The Research covers the following objectives:
– To study and analyze the Global Electric Yacht Charter consumption by key regions/countries, product type and application, history data from 2016 to 2022, and forecast to 2026.
– To understand the structure of Electric Yacht Charter by identifying its various sub-segments.
– Focuses on the key global Electric Yacht Charter manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, Porter’s five forces analysis, SWOT analysis and development plans in the next few years.
– To analyze the Electric Yacht Charter with respect to individual growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
– To project the consumption of Electric Yacht Charter submarkets, with respect to key regions (along with their respective key countries).
Report Customization:
Electric Yacht Charter, the report can be customized according to your business requirements as we recognize what our clients want, we have extended 25% customization at no additional cost to all our clients for any of our syndicated reports.
In addition to customization of our reports, we also offer fully tailored research solutions to our clients in all industries we track.
Our research and insights help our clients in identifying compatible business partners.
Note: All of the reports that we list have been tracking the impact of COVID-19 on the market. In doing this, both the upstream and downstream flow of the entire supply chain has been taken into account. In addition, where possible we will provide an additional COVID-19 update report/supplement to the report in Q3, please check with the sales team.
About us:
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kotstaruk · 4 years
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Advantages of the Classified Ads Website
In these days there are a lot of firms or companies which offer inclusive results and solutions for distributing more advertisements on the internet. Online classifieds are getting well-liked amongst thousands of people around the globe.
Online classification is the best way to get promotes your business services. This is because these classified websites serve up as one- stop- shop for the buyers as well as sellers. Here you can get all services under single roof. A lot of sellers put up their ads on these classified websites. Some of these websites offer free of cost ads posting service, while the other are paid. You just need to look at the popularity and excellent services of the online classifieds websites where you can put your ads properly and with whole address or contact numbers. You can grab this as opportunity to build up your own classified website and start a source of income.
How To construct and maintain An Online Classifieds Website?
There are a variety of ways to erect online classifieds websites. Few of them are more tedious and multifaceted in case of paid advertisement websites, because there is need to build billing sections for every scratch. In case of free classified ads websites, you can easily build these kinds of online classifieds websites. You can also prefer little software in order to build classified websites for this purpose to earn money. You basically have to purchase these online classifieds website building software. Then you can easily begin building a classified website.
There is an additional benefit with these website building softwares.These software rewards you to use diversity of functions and activities. With the help of these wonderful ads functions you can make your website more attractive and user friendly for both cases like for the buyers as well as for the sellers.
What are the main things you need to add on your classified website?
You know that your website is dedicated for online classifieds; you necessitate adding a range of different categories for the ads. By using this method every seller can easily place their ads in right section. These categories will be filled by the sellers across the country and all over the world. These categories are inclusive of Property, Housing, Rental, Health related, Beauty & Fitness, matrimonial, jobs category, education, Automotive & Vehicles, Clothing & Accessories related and travel and recreation, software and other various services.
One more feature you can add in your classified ads website that is set word count limit and image resolution for your site. So that, when the seller come to your classified ads website and register here after he will able to know how much description and ads explanation he can provide for his products or services as well as the features of the product image.
Classified ads are the excellent way to build well-liked business services and get more visitors to your website. Advertisement websites are very beneficial for each and every one, when you desire to find out any innovative events or also want to share with others, with the help of classified ads websites you can easily accomplish it. Events classified offers valuable information about news openings, exhibitions, concerts, book previews, new malls, shopping malls or movie centers and much more.
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amitkotstar123 · 4 years
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Building Business With Free Online Classified Ads
One time sellers and long term sellers can cash in on the advantages of free online classifieds. Despite the service is given to you free of cost, free online classifieds ad websites offer great service in helping you sell your products.
Free online classifieds websites generally are of two kinds - some have an option for upgrading your free classified ad to a paid one and for others it is completely free. Completely free online classifieds ads websites find revenue by attracting advertisers who like to include text links or banners pointing to their websites.
Either way, one can get online classifieds ad placing for free. Good free classifieds ads websites have some moderation to filter the ads that appear in the website. This is to avoid such items like illegal to trade items from showing up in the classifieds ads listings.
The completely free for all, no moderation websites offer little value to either visitors or advertisers as the whole site will be spawned with thousands of advertisements that have no real value to the visitors.
Businesses looking to build their business with online free classified ads should take necessary care to avoid such websites that are open for all and no moderation. The only thing will be lose of time.
Online classifieds ads free websites that offer to place free classified ads should have human filtering system. Sites that don't maintain its integrity this way will not easily be recognized as good websites, even though they offer the service free of cost.
Online classifieds ads websites that allow you to place classifieds ads do collect your email address and use the email address to sell you products, software and other schemes for advertising your products.
This is actually a downside of free classifieds ads websites. They first attract you with a genuine offer by giving you an option to post your classified ads for free. Then they will also send you emails, telling you about further great opportunities to post your ad for a fee.
Many people who actually use free classifieds ads websites signup for a new @yahoo.com or @gmail.com account for the sole purpose of managing free classifieds ads accounts.
You can get maximum mileage out of your free online classifieds ads if you apply the basics of classifieds ads writing. Think what your prospective customers will be looking for while they read classifieds ads put by you. Draft your free classifieds ads in such a way to appeal to that requirement.
In simpler words, imagine yourself as a buyer of that specific product and imagine you are looking for that product. What product description will attract you the most? Which product description will be believable to you? And what ads will be able to sell you the product. Make sure to apply the answers of those questions in your ad.
Also use different variations of same ad and see which ones perform well and which ones are bad. Take a note of the ads that perform well. Never stop testing new ads.
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The For https://goo.gl/maps/ZaufoTYxukwgUrBS6 Revealed
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sciencespies · 4 years
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The Push for Tidal Power Faces Its Biggest Challenge Yet
https://sciencespies.com/nature/the-push-for-tidal-power-faces-its-biggest-challenge-yet/
The Push for Tidal Power Faces Its Biggest Challenge Yet
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It’s a glorious autumn morning on Brier Island, Nova Scotia, with birdsong in the air and the sun glinting off the rips of Grand Passage. Weathered clapboard and shingled houses line the island’s two principal streets, and chubby workboats—built for lobstering, mostly—jam the protected harbor, where wharves loom more than 20 feet above low tide.
Grand Passage appears almost empty on this day, except for the car ferry yo-yoing back and forth between Brier Island and Long Island, its two 400-horsepower engines roaring. But as I come around a bend, I spy a sleek yellow-and-white vessel, not half a mile from shore, pinned smack in the middle of the notoriously swift current. Though the craft has three narrow hulls, and what look like four giant propellers, it’s not a boat. It is a power plant capable of producing nearly 280 kilowatts of carbon-free electricity.
I hurry down to the harbor to meet Jason Hayman and Jason Clarkson, who work for Sustainable Marine Energy (SME), the Scotland-based company that developed this nifty device. We board their workboat, SMEagol, named after the deranged Hobbit, and head out into the current. I ask Hayman about the trimaran’s name—Plat-I, or “plat-eye.”
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The view off Cape Split, Scots Bay, in the heart of the Bay of Fundy.
(Greta Rybus)
“We’re engineers,” he says, laughing. “‘Plat’ stands for platform, and ‘I’ is for inshore, meaning the device will be moored in sheltered island sites or coastal passages.” (The Plat-I’s predecessor was the Plat-0, for “offshore,” but the development team preferred to pronounce it like the Greek philosopher.)
We tie up to the Plat, then pick our way, clinging to a skinny lifeline, across its 88-foot-long crossbeam—a metal catwalk. “When there’s a little bit of a swell it can really mess with your head,” Hayman says.
Along the craft’s stern are four rotors, two barely visible in the water and two pivoted, for inspection purposes, toward the sky. At the Plat-I’s slender bow, stout cables tether the craft, through a mooring turret, to the seabed, allowing it to pivot on the tide, generating energy on both ebb and flow. “We survived the 140-kilometer winds of Hurricane Dorian,” Hayman says, in a tone suggesting that outcome wasn’t guaranteed.
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The ebb and flow of the sea in the Bay of Fundy shapes the landscape, leaving mud flats on the shores of the Minas Basin at low tide.
(Greta Rybus)
Crowded into a shipping container perched on the Plat’s center hull, we gaze at video monitors that show the underwater rotors, and Hayman opens three steel cabinets to reveal inverters, transformers and other electronics gear that, using a computer program the team calls its “secret sauce,” processes the water-generated electrical current to match the 60-hertz heartbeat of the local power grid. Apparently, any fool can produce electricity; making it usable is another matter entirely.
Sometime this summer, Hayman plans to flip a switch that will send juice generated by the device into the Digby Neck grid, displacing a chunk of the coal that provides about half of Nova Scotia’s energy. At that moment this unprepossessing rig, which from a distance looks like a dismasted trimaran awaiting restoration, will become the only operational floating tidal energy plant in North America.
Tidal energy is one of the greatest untapped renewable sources on the planet. In the United States, with thousands of miles of coastline, developing just 5 percent of tidal energy’s “identified technical resource potential,” says the Department of Energy, would generate 12.5 terawatts per year. That’s enough to power slightly more than 1.1 million typical U.S. homes. But if tidal power evolves the way wind has, that number will likely rise. Over the decades, better designs have allowed wind turbines to generate, economically, in ever less-windy places. Tidal turbines, too, could eventually be placed in ever less-speedy currents. The market, says Levi Kilcher, of the National Renewable Energy Laboratory, “will end up being much larger than we’ve identified so far.”
Renewable. Nonpolluting. It works in the dark, unlike solar power. And in a calm, unlike wind power. SME’s floating tidal power station is gearing up to go online in Nova Scotia.
The Plat-I may seem like a tiny part of this energy revolution, an obscure project in a remote spot, but it may be just what the future requires: a simple and replicable energy source, tailored to the local environment, with batteries or other energy-storage systems to keep the power flowing during slack tides. After all, around 40 percent of the U.S. population lives in counties along the coast, and tidal devices could also be used in rivers.
Before Hayman’s company can start churning out Plat replicants, though, he must first overcome a monstrous challenge: operating his technology 140 miles to the northeast, in the funnel-shaped Bay of Fundy, which has the world’s largest tidal range—54 feet. Through the bay passes, twice daily, more than four times the estimated combined flow of every river on earth. That huge mass of water can move at more than ten miles an hour and has the potential to generate 50,000 megawatts, which is by some estimates enough to power 15 million homes. The Bay of Fundy is the ultimate test for any ocean-energy entrepreneur, and for a century inventors have been experimenting in its treacherous waters. But the bay is littered with disasters.
* * *
Hayman, 43, came to tidal power in the roundabout way of a sailor. Born in New Zealand to a mother who owned a travel agency and a father who researched dairy cow genetics, Hayman started messing around with boats early: In the summertime, his parents parked him at a local sailing club. He left college as a freshman when his uncle asked him to deliver a sailboat partway up the east coast of New Zealand’s North Island. “After that I was hooked,” Hayman says.
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A bold approach to generating clean electricity faces the ultimate test –the greatest tide on earth.
(Greta Rybus)
He worked on boats all over the world, including Antarctica. He developed and built racing boats in the Bahamas, where he also converted America’s Cup yachts to racing charters and operated a ferry business. But he realized that if he didn’t want to spend his entire life sanding fiberglass and humping sails up and down decks, he needed a college degree. At age 25, Hayman went ashore in England to study naval architecture at Newcastle University, then earned a master’s in engineering for sustainable development at the University of Cambridge. Soon he was working on floating production tankers, designing heavy-lifting equipment for the oil and gas industry, and doing marine salvage.
“Things that float need a naval architect,” Hayman says. One calls in a naval architect to safely lower large objects to the seabed, and to lift foundered vessels without breaking them up, he explains. In 2011, Hayman found himself in a helicopter speeding over the Borneo rainforest. He’d been dispatched to the region to extract a cargo ship grounded off Samarinda. A horrifying glimpse out the helicopter window changed the course of his life. “I saw thousands of acres of bulldozed tropical rainforest, and I asked the pilot what was going on,” Hayman recalls. “He said they’d been extracting coal from the area for five years. And I thought, Wow, that’s so much destruction in such a short amount of time.” Coal filled the hold of the ship he was about to rescue.
Wouldn’t it be better, he thought, to generate carbon-free energy from the movement of the sea than to dig it from the earth? One could avoid both the dangerous transport of fossil fuels and the outsize environmental impacts of extracting as well as burning them. “People are fixated on greenhouse gas emissions,” Hayman says, referring to the back end of a linear process. “But they are unaware of what it takes to generate energy up front.” After resurrecting the ship in Borneo, Hayman devoted himself to generating power from tides.
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In the tidal flats between Greenwich and Port Williams, Nova Scotia, the tides have 40-foot ranges.
(Greta Rybus)
Most of us understand, on a basic level, that tides rise and fall in response to the Moon and the Sun’s gravitational pull on the oceans. But the nuances of tides are fantastically complex, and they remain slightly mysterious even to the learned. Tidal idiosyncrasies abound: Some places, like the Gulf of Mexico, see one high tide a day, instead of the more usual two, while others see four. As Jonathan White notes in his excellent Tides: The Science and Spirit of the Ocean, astronomers know exactly how celestial bodies affect tides, but what actually happens to water down here on earth “is unimaginably messy. Scientists are still working it out.”
All told, some 400 different variables are involved in creating the tides, but you don’t have to account for each and every one to appreciate that harnessing energy from this perpetual motion machine is an extremely good idea. The resource is clean, inexhaustible and, to an extent that even solar and wind are not, highly predictable.
Humans have derived power from the ocean for more than a millennium, trapping high tides in mill ponds behind dams, then releasing the flow at low tide through sluiceways directed at the paddles of waterwheels. The motion generated enough force to turn grinding stones or other mechanical devices. The first tidal mill in North America was built in 1607, in Annapolis Royal, Nova Scotia, some 60 miles from Grand Passage. Tidal mills were common throughout the province and the eastern U.S. in the 18th and 19th centuries, but it was in the 20th century that the Bay of Fundy became tidal engineering’s crucible of experimentation.
* * *
In 1915, Ralph Clarkson, an engineering professor at Nova Scotia’s Acadia University, prototyped a tidal-power generator with four pumps, powered by a horizontal waterwheel, that lifted water 335 feet into two tanks atop the Cape Split headland. The stored water ran down a tube to a conventional hydroelectric turbine at the base of the cliffs. The scheme attracted investors, but in 1920 a fire destroyed all of Clarkson’s equipment. The project never recovered.
Not long after that, Dexter Cooper, a hydraulic engineer in Maine, drew up plans for three dams, spanning a total of more than 7,000 feet, that would trap high tides in Passamaquoddy Bay, creating an upper pool that spread over 100 square miles. Upon release into the lower pool of Cobscook Bay, which covered another 41 square miles, the water would generate 345,000 kilowatts of power. With the encouragement of President Franklin D. Roosevelt, Cooper’s summertime neighbor on Campobello Island, and over the objections of fishermen, who feared that turbines would turn the bay to bouillabaisse, the Public Works Administration in 1935 began building two dams, plus worker housing, near Eastport, Maine. But further studies revealed there wasn’t enough local demand for the power after all, and steam and conventional hydropower plants could generate electricity far more cheaply. By 1936 the project ground to a halt. It revived, zombielike, for another look under Dwight D. Eisenhower, and again under John F. Kennedy. Every study reached the same conclusion: DOA.
In 1980, Nova Scotia Power began to convert a causeway spanning the tidal Annapolis River into North America’s first grid-connected tidal dam, or barrage. A hybrid of ancient tidal mill and modern hydroelectric plant, the barrage featured a four-bladed turbine 25 feet in diameter. On an outgoing tide, the device generated up to 20 megawatts. It operated for 35 years—but not without controversy. The barrage blocked fish migration and killed some salmon and mackerel, trapped marine mammals, interfered with nutrient and sediment flows, and contributed to erosion. In January 2019, a mechanical problem shuttered the Annapolis tidal barrage, succeeding where decades of environmental opposition had failed.
* * *
When Sustainable Marine Energy first formed, in Scotland in 2012, it focused on providing power at utility scale, often defined as delivering at least a megawatt into the existing grid. “That was the big prize,” Hayman says. But when Britain decreased its subsidies for tidal power, SME began looking for other markets. “Our ‘aha’ moment was realizing that no one had done a simple thing well,” Hayman continues. “There were hundreds of island communities running on imported diesel” that were blessed with sheltered coastal sites, high tides and fast currents. Appropriately scaled tidal power, he figured, could help them kick their expensive fossil fuel habit, reduce the environmental risk of fuel spills and make them more resilient in the face of extreme events, like tsunamis or hurricanes.
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Researchers conduct studies on the ocean’s tidal power at the Aquatron Laboratory at Dalhousie University.
(Greta Rybus)
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The on-land energy transfer station at the Fundy Ocean Research Center for Energy (FORCE) lab in Parrsboro, Nova Scotia.
(Greta Rybus)
SME first tested the Plat-I in western Scotland’s Connel Sound, then eventually shipped the parts to Nova Scotia, which supported tidal energy projects. The company chose Grand Passage for its New World debut because the channel’s bathymetry is known, the water runs fast and clear, and the site is easily accessed. But Brier Island, population 168, also aligns with Hayman’s broader aim of servicing remote islands and other coastal areas. “The Faroe Islands are a prime candidate for floating tidal,” Hayman says aboard SMEagol. “The Philippines have great currents, British Columbia’s Discovery Passage, the Channel Islands, villages in Indonesia and Korea…” Hayman’s mental globe-spinning may seem grandiose. But wind and solar power also seemed fringy and, to many, a little absurd just two generations ago. Now those technologies are downright mainstream, providing almost a tenth of U.S. power, at competitive prices, and growing fast.
In Grand Passage, SME has demonstrated that a floating platform has major advantages over tidal power’s other main design option—a turbine anchored to the seafloor. Platforms are far cheaper to build and install than bottom-mounted devices (and remove, should things go wrong). And a technician can perform routine maintenance on a platform-mounted turbine during slack tide. “A visit from a lobster boat will do,” Hayman says. Attending to devices on the sea bottom, in comparison, may require a submersible vehicle or a heavy barge with a lifting rig.
With my eye on the yellow fairings that smooth the flow rushing past the Plat-I’s tri-bladed rotors, I ask Hayman if his multimillion-dollar equipment might be in harm’s way. No, he says: Dangerously high currents, ice chunks and debris kick the turbines up and out of the water. And because SME designed the rotors to swing up independently, maintenance can be performed without taking the whole device offline, so it continues to generate revenue.
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(Guilbert Gates)
Proponents of in-stream tidal—that is, with turbines located in the water column, not embedded in dams—claim marine mammals and fin fish can easily avoid the blades because nothing impedes the animals’ passage. During a 2017 pilot study that introduced striped bass to a spinning turbine in a circular tank at Dalhousie University in Nova Scotia, fish appeared to avoid the blades, even with the current moving at 3.9 knots. These results “will inform real-world scenarios,” says Sue Molloy, who conducted the study, “and some tests that are done with wild-caught fish will translate very well.”
A study of SeaGen, the world’s first large-scale tidal-stream generator, which operated commercially between 2008 and 2016 in Northern Ireland’s Strangford Lough, suggested that seals avoid moving rotors. In a multiyear pilot study of three riverbed-mounted tidal turbines in New York City’s East River—a demonstration project run by Verdant Power—researchers found no evidence of harm to fish.
Environmental monitoring in Grand Passage, Hayman says, has yielded no evidence that marine animals, save jellyfish, touched Plat’s turbines. Still, as one so often hears when discussing potential environmental impacts, absence of evidence isn’t evidence of absence.
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The Plat-I generator, with one turbine lifted out of the water, floats in Grand Passage, a channel with a swift tide stream.
(Greta Rybus)
Monitoring the environment around turbines is difficult and expensive. “It’s a highly dynamic environment with lots of turbulence and sediment in the water that hinders visibility,” Anna Redden, a marine ecologist at Acadia University’s Tidal Energy Institute, told me when we met in her office. Air bubbles interfere with acoustic signal detection, as do the engines of seafaring vessels and the whir and blip of other monitoring equipment. Because lights could attract or repel marine life, cameras can record only in daylight hours. Tidal platforms are designed to work in strong currents, but sensors are not. “We’re using off-the-shelf technology that isn’t designed for washing machines.”
I asked Redden what science did know about marine life and turbines. “Nothing for sure,” she said. “And we won’t know if these turbines kill fish until the device is in the water” for a significant amount of time. She paused, then said with a note of tristesse, “There is never zero impact. But what level of impact will we find acceptable?”
* * *
There are tides in tidal power development. Flows correspond with spikes in the price of oil, investor interest and government subsidies that help tidal power compete with wind and solar, which are cheaper. The recent burst of activity in Nova Scotia was sparked by the global climate emergency and Canada’s commitment to reduce greenhouse gas emissions 30 percent by 2030, compared with 2005 levels. (Nova Scotia has already reduced emissions 31 percent, thanks in part to its own wind turbines and to renewable energy imported from Newfoundland, New Brunswick and Quebec.)
But interest in tidal power also ebbs, such as when heralded projects fail. In 2009, Nova Scotia Power partnered with the Dublin-based company OpenHydro to lower a six-story-high, 400-ton circular turbine into Minas Passage. Within days, the current ripped the device apart. In glass-half-full mode, engineers acknowledged they’d underestimated the tide’s force. The company tried again seven years later, with an 1,100-ton model. It generated two megawatts until the company extracted the device for repair and upgrades, seven months into the experiment. In 2018, another turbine was lowered into the passage. But within days, OpenHydro’s investors pulled out, and the company filed for bankruptcy. The turbine rests on the seafloor to this day.
The Fundy Ocean Research Centre for Energy (FORCE), an international test site for tidal-energy development in Parrsboro, Nova Scotia, occupies a glassy building overlooking Minas Passage. Researchers estimate that the waterway’s fast-moving tidal currents could generate 2,500 megawatts—enough to power all of Nova Scotia, home to nearly a million people—and displace up to nine million tons of greenhouse gases. One of the great advantages of tidal power is the density of the kinetic energy itself; a solar-energy project in Morocco that produces 580 megawatts covers as much ground as roughly 3,500 football fields.
Established in 2008 and mostly government-funded, FORCE is the manifestation of Nova Scotia’s tidal dreams; it’s a generator of tidal-energy research and an operations center for companies testing gear and monitoring sea life. But arguably its most important asset lies underwater, where five so-called berths, each just shy of eight acres, await tidal-turbine tenants. Among those expected to plug into FORCE’s submarine cables, which connect to a nearby electrical substation, is SME.
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The dramatic tidal range of the Bay of Fundy is plain in Hall’s Harbour, from the high tide mark on the seawall to the fishing boat resting aground at low tide.
(Greta Rybus)
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The village of Westport, on Brier Island, Nova Scotia, has a population of fewer than 200 residents. It is reached by boat or the ferry from Long Island.
(Greta Rybus)
Jason Clarkson had likened the Plat-I to a small turboprop plane. The project that SME hopes to launch in Minas Passage later this year will be more like an Airbus: three platforms, each hosting six turbines. Combined, they will generate 1.26 megawatts. The new venture, a partnership between SME and a Canadian company called Minas Tidal, will be called the “Pempa’q In-Stream Tidal Energy Project.” The word pempa’q means “rising tide” in the local Mi’kmaq language.
From FORCE’s backyard, I scan the silt-rich waters of the passage and focus my binoculars on Cape Split, rising sharply to the southwest. I recall that Nova Scotia had, in an age of ecological innocence (the 1980s), actively considered spanning this waterway with an five-mile-long barrage stuffed with 128 turbines. In comparison, three floating platforms wouldn’t be terribly intrusive. But what about more?
Local fishermen “aren’t worried about one turbine. They are worried about arrays of 300,” Anna Redden, who sits on the board of FORCE, had told me. SME wasn’t the only company prospecting in these currents: FORCE had other tenants moving in, and successful projects always hanker to scale up. “With every doubling of cumulative capacity,” Hayman had told me, “cost to consumers drops by 15 to 20 percent. Pricewise, tidal is where offshore wind was 15 years ago, and solar 10.” If all went well with his three-platform array, he aimed to increase it to 21 and produce almost nine megawatts.
Unlike wind turbines, which have converged on a nearly universal design, tidal turbines still come in many shapes and sizes. Axes of tidal turbines can be vertical or horizontal; the devices resemble tabletop fans, Archimedean screws, the helical blades of push lawn mowers and even wind turbines. (But because water is “approximately 838 times” denser than air, a naval architect can and will tell you, tidal blades can be much smaller than wind blades.) Some turbines operate near the seafloor, others in the middle of the water column or just below the surface. As with any immature technology, projects seem to dip their toes in the water, then retreat for tweaks, a major overhaul, a fresh infusion of cash, or a final journey to the scrap heap.
Down at Brier, the nimble little Plat-I was inching toward the finish line, having avoided so many of those pitfalls. “SME is a success story because they proved they can coexist with fishers, recreational boaters and the ecosystem,” says Terry Thibodeau, the coordinator for renewable energy and climate change at the Municipality of the District of Digby. “They figured out how to moor and pivot their device, and they’ve tested for years.”
If SME’s next generation power plant succeeds in the maw of Minas, one could imagine the company towing parti-colored trimarans to islands and remote coastal sites around the world, fulfilling a particularly satisfying vision of energy independence—one that is hyperlocal, low impact and renewable so long as the Moon continues to circle the Earth.
We won’t know for some time if Hayman will triumph in the Bay of Fundy, but I found myself rooting for this plucky company and its pragmatic leader, who were helping push the world toward a historic moment. In Industrial Age Britain, coal power put water wheels out of business. Now water wheels might help do the same to coal.
#Nature
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