MIAMI 2014 VIDEO: New Panama boat show set for June

Posted on Written by Jim Flannery

skip0215

MIAMI — Show Management, the Fort Lauderdale-based boat show company, announced that its inaugural Panama International Boat Show will be held June 20-22 at Flamenco Marina at the Pacific entrance to the Panama Canal.

The economies of Central and South America are growing, along with demand for boats 20 to 70 feet in a region that has a strong boating and fishing culture, Show Management CEO Efrem “Skip” Zimbalist III said Friday at the Yacht & Brokerage Show in Miami Beach.

There aren’t many dealers in the region, Zimbalist said, so much of that demand is going unmet. “We were looking for a place to do a show specializing in these kinds of boats” to meet the demand, he said. “We think there’s a big market that will develop in the region.”

Show organizers plan to cater to buyers from Panama, Costa Rica, Ecuador, Colombia and Venezuela, among other countries in Central and South America.

Panama made sense as a venue for the show, Zimbalist said. The 238-slip Flamenco Marina, on Flamenco Island, is a flourishing tourist attraction with nine on-site restaurants overlooking the canal, two breakwaters, a drystack facility that will be completed in time for the boat show, 24-hour security, marine firefighters on-site, a fuel dock, disposal facilities, Wi-Fi, transportation assistance, fishing and private trip charter services, a bilingual staff and onsite government offices.

Moreover, Panama is politically stable, it uses the U.S. dollar as currency, has a modern infrastructure and is a “safe haven” for people of high net worth in the region, who come to Panama to invest.

Panama’s Ministry of Tourism and Maritime Administration are enthusiastic supporters of the project, Zimbalist said. Show Management’s target market is boat buyers in Panama, Costa Rica, Ecuador, Colombia and Venezuela.

Zimbalist said the Panamanian government has promised favorable tax treatment, and Show Management — producer of the Fort Lauderdale International Boat Show, the Yacht & Brokerage Show in Miami Beach, the Palm Beach International Boat Show, the St. Petersburg Power and Sailboat Show and the Suncoast Boat Show in Sarasota — will provide for logistics to ship boats and other product from southeast U.S. ports to Panama, Zimbalist said.

Flamenco Marina president Miguel Lopez-Pinero said he is expanding it to accommodate the show. His marina can dock boats that range from 40 to 110 feet.

Welcome to TradeOnlyToday’s premium content! To continue reading, please register now, for access to 10 free stories per month. Or subscribe, for unlimited access to all TradeOnlyToday content!

Click here to Register ... it's free!

Basic subscription: Registered members get free access to 10 premium content stories each month!

Not a member yet? Click here to Register!

Already a member? Click here to Login!

Subscribe ... for unlimited access!

Individual subscription: $29 for unlimited site access for one year.

Small Business subscription: $140 for unlimited site access for up to 10 members of a company for one year.

Corporate subscription: $300 for unlimited site access for all members of a company for one year.

You may close this dialog after seconds.

Comments

One comment on “MIAMI 2014 VIDEO: New Panama boat show set for June

  1. Jaime Birda

    In march 22, the Cartagena de indias Boat Show, one of the best in South América, with a US Pavillon, lot of peopleo from latinoamericanos countries will come to Cartagena.

Leave a Reply

Your email address will not be published. Required fields are marked *

Comments are moderated and generally will be posted if they are on-topic and not abusive. For more information, please see our Comments Policy.

Vote Today

Is the decision to move the Miami show to the Miami Marine Stadium a good one?

View Results

Loading ... Loading ...

Search Boats for Sale

Length
Year
Price

Login to Trade Only Today

Lost Password