Please select your home edition
Edition
Rick Dodson - 1 140623

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

by Michael Brown, Yachting NZ 14 Mar 2019 21:05 NZDT 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

America's Cup: Gulf Wars - your record of 36AC
A souvenir record of the regattas of the 36th America's Cup is now on sale across all regions A souvenir record of the regattas of the 36th America's Cup is now on sale in New Zealand, and available internationally published just over a week after racing concluded in the 36th America's Cup. Posted on 31 Mar 2021
America's Cup start expected to be postponed
For the America's Cup the earliest Auckland will come out of the Lockdown is Sunday, March 7 The NZ Prime Minister has announced a return to Alert Level 3 for seven days. For the America's Cup the earliest Auckland will come out of the Lockdown is Sunday, March 7. An announcement is expected from the permitted organiser America's Cup Event Ltd Posted on 27 Feb 2021
America's Cup: US$35,000 set as refit minimum
NZ government has clarified the requirements which must be met obtain border exemption The New Zealand government is, from July 2020, allowing foreign flagged vessels and yachts with booked-in refits or repairs to enter New Zealand. The minimum repair/refit value has been set at NZ$50,000 (US$33,300) Posted on 29 Jul 2020
Yacht clubs able to apply to new $20m Am Cup Fund
Yacht clubs are one group who would be able to apply for funding from the America's Cup fund. A $20million Lottery Fund has been created to help communities throughout New Zealand benefit from the 2021 America's Cup. The Minister made it clear that yacht clubs were one group who would be able to apply for funding from the America's Cup fund. Posted on 29 Nov 2018
America's Cup entry open in five days
Cheap talk stops, $1million initial entry fee due The talking stops in just five days in the 36th America's Cup. That's when entries open for the regatta due to be held in Auckland in March 2021. Posted on 27 Dec 2017
Am Cup - A look back at 2017 - Team NZ + Video
Emirates Team NZ - "It began with belief, and ended with redemption. " 2017 has been a monumental year for everyone at Emirates Team New Zealand - finally managing to win back the America's Cup for New Zealand. Here's a video looking back at Emirates Team NZ's year and a campaign. Posted on 21 Dec 2017
Am Cup: Dalton refutes AC75 cost claims
Some commentators have criticised the new boat as being too complex and too expensive Some Cup commentators have criticised the new boat as being too complex and too expensive. "To the people who say it's out of control cost-wise, they are uneducated – they have no idea what's going on here," Dalton fires back. Posted on 19 Dec 2017
Team New Zealand stake claim on America's Cup base
Emirates Team New Zealand stake claim on America's Cup base Ten challengers – both tangible and potential – are being taken seriously by Emirates Team New Zealand. But team boss Grant Dalton won't be disappointed if not all “pony up”. Posted on 19 Dec 2017
Am Cup - Lone Wolf close to sell out
Am Cup - Lone Wolf close to sell out "Lone Wolf - How Emirates Team New Zealand Stunned the World" has sold out for copies available directly from the publisher. Copies are still available through some retail outlets - Whitcoulls, Paper Plus and The Warehouse Posted on 15 Dec 2017
Clark strong on Am Cup and Team NZ investment
Clark strong on America's Cup and Team NZ investment With flames from the the current controversy flicking around the America's Cup, the Labour-led Coalition government has come under pressure not to invest in the America's Cup. The comments of former Prime Minister Helen Clark make interesting reading. Posted on 12 Dec 2017
Rick Dodson - 4 140623CollinsonCo 728x90 BOTTOMC-Tech 2020 Battens 2 728x90 BOTTOM