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Rowing. inflation lowers heat

Back to earth for the maritime industry. The post-Covid euphoria that made the French want to show off and fill order books like never before has waned somewhat. The flavor of the high seas is still there and sales remain buoyant, but inflation, which is driving up the cost of materials and weighing on buyers with the tightest budgets, is spoiling the party. The Paris Boat Show, the flagship event of the season, which opens this Friday at the Porte de Versailles in Paris, will be a good test for the industry. The autumn shows – Cannes, Southampton, Genoa… which act as a progressive thermometer – have already had a taste of this as sales have dipped slightly. The overheating caused by Covid has passed. “After two exceptional years, the market is normalizingAlain Pichavant, general manager of the Boat Festival, organizer of the Paris Boat Show, says:

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After the March 2020 shock, the marine industry has rebounded strongly, to the point of approaching…

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Source: Le Figaro

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