What you need to know about the UK’s yacht sales: What you’ll need to buy

The number of UK yacht sales has risen from 4,000 in 2015 to 9,000 last year, but according to the latest data from the British Council, the number of British yacht buyers is still falling.

It’s a trend which the council says is “very disappointing”, and that the UK still needs to increase its yacht sales by more than 10 per cent annually to keep up with the demand for luxury ships.

In the past five years, British yacht sales have dropped by 9 per cent, from 2,100 to 1,700, the council said.

The biggest fall came from British owners of yachts.

“The overall trend for the past year has been a decrease in yacht sales, with only around a quarter of sales occurring since last year,” it said.

“Overall, there was a reduction in the proportion of yacht buyers, which was due to a decline in the number and size of purchases.”

This is a result of the government’s measures to reduce the supply of luxury yachting, including an increase in the minimum age for the purchase of a yacht and a ban on foreign ownership of luxury vessels.

“The council says there is “a clear need for a more focused strategy on the sale of luxury boats in the UK, with the number in the market at a record low”.

It wants more British yacht owners to buy British yachties, and that their owners should be aware of the new laws on yacht sales in the country.

David Macdonald, chairman of the British Association of Auklandic Wharves, said: “We are concerned that a further fall in yacht purchases would have serious implications for the viability of the industry.

If the government wants to increase the number, it needs to do it as part of a national policy.

“It is also not just yachters who are worried.

According to a recent report by consultancy G&G, the UK is facing an economic crisis and a shortage of labour in the offshore fishing industry.”

The shortage of skilled workers is likely to be one of the most significant issues affecting UK whaling operations, and this shortage is likely not to be resolved by a return to a pre-2008 peak,” it found.

While there are still some big names in the sector, it’s not enough for the government to boost the supply.

There are only around 300 British whaling ships left in the world, and according to G&Go, that number is set to fall by 100 to 140 ships over the next two years.

A spokesperson for the UK Maritime Agency (UKMA), which administers the whaling industry, told the BBC that the sector was facing a shortage, and it would be impossible to ensure there was enough to go around. She said: “Whaling is a highly-skilled and expensive profession and the UK needs to ensure that the boats and crews are able to maintain a healthy and sustainable supply of boats and crew to support the industry.”

The latest figures are from the Office of Naval Technology (ONT), which says that the number shipyards in the North Sea have increased by 40 per cent since last April.

But according to a research firm, Royal Marine Consulting, that’s not translating into jobs.

Royal Marine Consulting said the number is still “only marginally higher than the previous high of 2,900 in 2015, when 1,900 vessels were built, but there is clearly a shortfall in the supply”.

In 2016, 1,300 British yacht boats were built.

Since then, there have been no new boats built.

In 2015, the ONT said that the country needed 1,500 ships to meet its growing demand.

Its current shipyard is in Portsmouth.

This article was originally published on The Conversation.

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