Megatrend 03 of 10 · Demand
Repower of ageing fleets
Boats last 30 years, engines 12 to 18. The repower cycle, not new-boat sales, drives Vessel’s engine volumes.
ThemeDemand
HorizonContinuous cycle
Momentum
Typical hull service life30 yrs
Typical engine service life12 to 18 yrs
Engines per hull across its life2x
Hulls outlive engines by roughly two to one. The replacement cycle, not new-boat sales, sets engine volume.
What is happening
Regional intensity · indicative, September 2026
AfricaActiveAsiaActiveEastern EuropeActiveGulfActiveMediterraneanHighNorth AmericaHighNorthern EuropeHighOceaniaActiveSouth AmericaActive
Intensity is a comparative planning signal reviewed editorially, not a forecast. Open a region for the full brief.
What it means
- Availability beats specification when a season is at risk.
- Rigging and installation decide the real lead time.
- Finance turns a repower into a monthly cost.
What we are watching next
- Fleet age curves by region
- Installer capacity in peak season
- Finance availability for workshops and fleets