Please select your home edition
Edition
Palm Beach Motor Yachts

America's Cup: Yachting NZ joins chorus against superyacht scalping

by Michael Brown, Yachting NZ 14 Mar 2019 08:05 UTC 14 March 2019
Superyachts in the Royal Dockyard - Qualifiers - Day 1, 35th America's Cup, Bermuda, May 27, 2017 © Richard Gladwell

Yachting New Zealand have joined the growing opposition to a proposal to impose high anchorage fees on superyachts intending to visit for the 2021 Amercia’s Cup.

Marine Industry Association chief executive Peter Busfield has labelled the proposed fees as “scalping” and said many superyacht owners might change their mind about coming for the Cup.

Emirates Team New Zealand have also said it’s “extremely short-sighted” and hoped the plan, which would see vessels 40m or longer billed $23 per metre, per day, would be revisited. Under the plan, a 50m vessel would have to pay the council around $1200 per day to anchor in the Hauraki Gulf.

The fees would not apply to yachts which obtain berthings at marinas but the demand for marina space is expected to outstrip supply. As many as 160 superyachts 25m or longer could venture to Auckland for the America’s Cup.

“The benefit of having these boats and people coming to New Zealand is far reaching, not only for the marine industry but also for providing work opportunities,” Yachting New Zealand chief executive David Abercrombie said. “The tourism industry as a whole will benefit greatly from having a large number of people visiting New Zealand, because they won’t just visit Auckland.

“Are we going to charge them everywhere they stop? They will expect to pay a fee but it shouldn’t be excessive. If we have barriers in place, it sends the wrong message as to who we are as a country. We should be welcoming people because you don’t know what the opportunities are that will come from having these people in New Zealand.”

Auckland Tourism, Events and Economic Development (Ateed) have estimated that a visit from just one superyacht contributes more than $1m to the economy but in many cases the return can exceed $5m.

Emirates Team New Zealand said in a statement that a similar fee was imposed in Sardinia, which had a detrimental effect on the number superyachts that visited the island.

“[It] is a very well-illustrated case that owners will simply chose to go to other destinations around the world out of principle at being unnecessarily gouged,” Team New Zealand said in the statement.

“As well as the Sardinia example, we saw at the America’s Cup’s in Valencia in 2007 and Bermuda in 2017, that attempts to gouge the superyacht owners meant they simply didn’t come. Our philosophy of a fair and inclusive event not only applies to competitors but also all supporters both locally and internationally, regardless of who they are.”

Related Articles

“I'm living my dad's dream”
Carl made sure to provide young Kyle the chance to be a seasoned pond hopper Carl Cortiana is about to turn 70, but he still remembers the days four decades ago when he'd cast a practice plug across the living room floor and his toddler son, Kyle, now a highly accomplished Vexus pro on the MLF Toyota Series. Posted today at 5:04 pm
Stories From The Salt - Ep.6
Insights from PENN's top anglers Whether you're a passionate saltwater angler who eagerly dedicates every spare moment to being out on the water, or you simply enjoy watching the techniques and experiences of others, we invite you to anchor up and learn some valuable insights Posted today at 4:18 pm
Bulwarks and Bulldust – watch Episode Six
Are boat shows still Relevant? Episode Six - asks the question, Are boat shows still Relevant? We also offer some thoughts on changes and updates. The final episode of Series One is now live Posted on 13 Jun
Scania, Viking showcase renewable diesel
Mack Attack shows outstanding efficiency without compromise in performance of Scania V8 Engines Scania, one of the world's leading manufacturers of engines, announced today the successful demonstration of the performance and viability of renewable marine diesel fuel in a Viking 48 Convertible powered by twin Scania 1,150 HP DI16-liter V8 engines. Posted on 10 Jun
Sportfishing industry applauds decision by NOAA
Elimination of proposed South Atlantic bottomfishing closure The National Oceanic and Atmospheric Administration (NOAA) Fisheries withdrew the proposed bottomfishing closure from Amendment 59 to the Fishery Management Plan for the Snapper-Grouper Fishery of the South Atlantic. Posted on 10 Jun
Marine Auctions: June online auctions
Bidding to open on Friday 20th June The Bidding for the June Online Auction will commence on Thursday 20th June and will end on Thursday 26th June at 2pm AEST. Posted on 7 Jun
Bulwarks and Bulldust – watch Episode Five
Episode Five - Shane Subichin, The Boat Works - is now up and running Watch along as we speak with Shane Subichin, GM at The Boat Works about his life from tinnies on Sydney Harbour to leading the team at the premier refit and maintenance yard on the Gold Coast. Posted on 6 Jun
New Formula 360 Crossover Bowrider
An exciting new generation of Formula dayboats has arrived An exciting new generation of Formula dayboats has arrived with the upcoming debut of the all-new Formula 360 Crossover Bowrider. Posted on 5 Jun
Michael Rybovich & Sons construction updates
Progress on hulls from 84', 62' down to 42' New construction updates of 70' S/F Hull # 9, 42' S/F hull #10, 75' S/F hull #11, 84' S/F - Hull # 12. Posted on 5 Jun
A very clear video for overhead casting
Stop fly casting 10-2 and start using this method for longer casts Lyall and Nathan have spoken to me often of how to advance beyond the clock face 10-2 using the terms translation before rotation. Posted on 4 Jun
Maritimo 2023 S-Series FOOTERPalm Beach Motor Yachts