When Full Order Books Don’t Always Mean Healthy Margins:
Understanding the Structural Fragility of the Global Yacht Industry The global yacht industry often projects an image of relentless growth, exclusivity and financial strength. Order books are full, shipyards are running at capacity, and demand for luxury vessels—particularly in the 30‑metre‑plus segment—appears robust across Europe, North America and Asia. Yet behind this surface‑level optimism lies … Read more