The third edition of SIBEX (and first one co-organized by french GPO) has seduced and convinced all exhibitors that on ON WATER show is a must in China. Despite bad weather, attendance was good, and on site sales are said to have reached over 100 million RMB. Shenzhen is becoming the hottest spot for boating these days, both for power and sail boats More info at info@marinedragon.com

Zhejiang based Wantong Group will be the first China based yacht maker to merge overseas yacht brand. As expected, Chinese shipyards, recently loaded with governmental cash, are now looking overseas to buy ailing yacht factories. This will save lot of time for their brand building strategy! Most productive assets are supposed to move back to China in the coming month. more info or M&A opportunities at info@marinedragon.com

MDC has renewed its partnership with CIBS organizers CMP-Sino Expo to provide market trends and analysis. MDC will be exhibiting in Central Hall this year. Meeting & appointments at info@marinedragon.com

Stephan Chevalier has recently joined MDC in Shanghai. With Naval engineer / Design degree from Southampton, he will develop some OEM and Procurement department for MDC. Stephan speaks English, French and Chinese and can be reached at stephan@marinedragon.com