WATERLINE 27
DECEMBER 2012
And don’t forget the Millenium Cup Tauranga’s lack of medium sized haul out facilities will be felt again this summer when the superyachts arrive for the 2013 Millennium Cup.
A single yacht undertaking refit work injects an average of $NZ6million into the local economy, while a yacht being built in New Zealand from scratch will average out at about $NZ40million. Even those yachts just cruising on through make a significant contribution. Each superyacht generates approximately $NZ1million in economic benefit to Auckland, and to New Zealand, just as a result of turning up for the Millenniuim Cup. The Millennium Cup will be sailed on the waters of the Waitemata Harbour and Hauraki Gulf in February. The superyachts will moor in the Viaduct Harbour in downtown Auckland, with owners and guests enjoying the nearby restaurants, bars and shops. While on the New Zealand coast the owners will be using New Zealand well regarded marine industry to ensure their sophisticated vessels are maintained to high standards. Figures produced by the Superyacht Intelligence Agency shows the average superyacht spend is around $2.6 million a year. More importantly, it shows that superyachts, like those due here next February, have a positive and significant economic impact on the countries they visit. “The important contribution
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made by superyachts to New Zealand should not be overlooked,” stresses Ellie Brade, editor of Superyacht Intelligence and Pacific Editor at the highly-respected The Superyacht Group. “New Zealand has a sterling reputation as a superyacht construction, refit and cruising destination.” The 30–metre sailing superyacht Antares III, built by Yachting Developments in Hobsonville, won the award for the Best Sailing Superyacht in the 24-40 metre category, at the recent International Superyacht Society (ISS) awards in Florida. They also won the Best Refit 2012 Award for their comprehensive refurbishment of the classic 1934 America’s Cup J Class Endeavour. At the same awards, the world renowned superyacht yard, Henderson based Alloy Yachts, won the ISS Award for the Best Sailing Superyacht over 40 metres for their 67.2-metre Vertigo. An incredible 19 Alloy Yachts’ vessels have now won international superyacht awards. Among the yachts confirmed for the 2013 New Zealand NZ Millennium Cup is Ohana, a new yacht built by New Plymouth’s Fitzroy Yachts and a generating huge buzz in the global industry, and Silvertip, winner of both the 2011 and 2012 New Zealand NZ Millennium Cups. The 2013 New Zealand NZ Millennium Cup, February 14-16, 2013.