Supply chain challenges continue… Key Scandinavian builders are severely affected
By Knut Heiberg-Andersen – GMBA
Like the rest of our industry, it should not come as a surprise to anyone that also Scandinavian builders continue to be challenged by bottlenecks in the supply chain.
Whether building in their home country or having their production bases in Poland or Lithuania, the challenges remain and some of them are having a severe effect on timely production, deliveries to end clients and consequently to their bottom line.
The two most known Swedish builders are faced with increasing shortages in the engine supply and current imbalances between supply and demand have put tremendous price pressure on commodities and components in the supply chains on top of it all. For some builders, engines ordered in late 2020 have not yet been delivered making it close to impossible to plan and as one of the results; -putting their financial position at risk.
The backlog of engine orders is not improving, as promised. Consequently, there is a great concern amongst them all when this is going to turn around for the better as darker clouds are emerging over some market segments.
The softening of markets seems to be on everyone’s agenda and fuel prices alone are the direct reason for lower use of newly delivered boats and new boat sales in the lower segments. This is a common observation in all of Scandinavia.
Two builders we communicate with regularly, expect a plus 30 % drop in sales ( and production) in the coming 12 months period. These are dramatic figures for the industry but most of all for the builders who on top of it are battling tough bottlenecks in the supply chain, increased direct material prices, and higher absence due to new variants of covid.
Is it all going the wrong way? Absolutely not; – there is a strong undercurrent of interest and demand for boats and boating however the economies, inflation, energy prices, the pandemic, and the Ukrainian war have all unpredictable outcomes that need positive outcomes.
Knut Heiberg-Andersen
As a young International Management Trainee in a large cement and building material conglomerate, Knut was invited to manage one of their subsidiaries, FJORD PLAST AS, which at the time was one of the largest boat industries in Europe.
Little did Knut know that this would be his lifetime engagement and passion.
After running their operations in the Philippines for a number of years, Knut moved on to become the Managing Director of the Fjord Company and on behalf of Norcem AS, sold it to an outside group.
Eight years later a close friend asked Knut to help with WINDY & DRACO, a project estimated to take 2- 3 years to complete. This “project” has lasted since 1990 and the name of WINDY is today synonymous with the very best of Scandinavian quality.
Knut steered WINDY Through exciting and challenging times with a team of the most competent and passionate co-workers and has left a legacy of respect for conduct and “inside-out-quality” which only the few have had the pleasure of experiencing. Over the years Knut offered his time and services to national marine associations as well as contributing to the European marine organization we have today.
Over the years Knut has offered his time and services to national marine associations as well as contributing to the European marine organization we have today.
After 29 years at the helm of WINDY BOATS AS, Knut is now overseeing the development of his life-long passion, WINDY, as Chairman and Mentor.
Knut is based in Norway. Those wishing to contact Knut can do so on +46 70 675 65 20 or email at
Those wishing to contact GMBA in Australia can do so through MaryAnne Edwards or call +61 412 916 036
Global Marine Business Advisors and its associated website www.gmba.blue are not registered legal entities. GMBA is a network of independent marine industry advisors.
