Boat sales sink by 26 per cent

EMPTY MOORINGS: Number of new boat registrations fall as crisis hits.

REGISTRATION of boats and pleasure cruisers has fallen in the Valencia Community.

New boat sales fell by 26 per cent during the first half of the year compared to the same period last year, with 181 vessels registered in Alicante, Valencia and Castellon from January to June.

There has also been a decline in recreational boating businesses with registrations declining by 55 per cent between 2007 and 2012.

That is according to figures based on consecutive annual declines with the sole exception of 2011, when there was a surge of 17.94 per cent, followed by a fall of 14.85 per cent the next year.

The once booming business selling and renting berths in marinas has suffered a decline. Carlos Torrado, manager of the Valencian Nautical Club said: “For the last five or six years the volume of boats moored in the Community has fallen between 18 and 20 per cent.” He adds the industry has been equally hit by the recession with some owners abandoning their boats leaving unpaid mooring fees.

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