NZ Herald
  • Home
  • Latest news
  • Herald NOW
  • Video
  • New Zealand
  • Sport
  • World
  • Business
  • Entertainment
  • Podcasts
  • Quizzes
  • Opinion
  • Lifestyle
  • Travel
  • Viva
  • Weather

Subscriptions

  • Herald Premium
  • Viva Premium
  • The Listener
  • BusinessDesk

Sections

  • Latest news
  • New Zealand
    • All New Zealand
    • Crime
    • Politics
    • Education
    • Open Justice
    • Scam Update
  • Herald NOW
  • On The Up
  • World
    • All World
    • Australia
    • Asia
    • UK
    • United States
    • Middle East
    • Europe
    • Pacific
  • Business
    • All Business
    • MarketsSharesCurrencyCommoditiesStock TakesCrypto
    • Markets with Madison
    • Media Insider
    • Business analysis
    • Personal financeKiwiSaverInterest ratesTaxInvestment
    • EconomyInflationGDPOfficial cash rateEmployment
    • Small business
    • Business reportsMood of the BoardroomProject AucklandSustainable business and financeCapital markets reportAgribusiness reportInfrastructure reportDynamic business
    • Deloitte Top 200 Awards
    • CompaniesAged CareAgribusinessAirlinesBanking and financeConstructionEnergyFreight and logisticsHealthcareManufacturingMedia and MarketingRetailTelecommunicationsTourism
  • Opinion
    • All Opinion
    • Analysis
    • Editorials
    • Business analysis
    • Premium opinion
    • Letters to the editor
  • Politics
  • Sport
    • All Sport
    • OlympicsParalympics
    • RugbySuper RugbyNPCAll BlacksBlack FernsRugby sevensSchool rugby
    • CricketBlack CapsWhite Ferns
    • Racing
    • NetballSilver Ferns
    • LeagueWarriorsNRL
    • FootballWellington PhoenixAuckland FCAll WhitesFootball FernsEnglish Premier League
    • GolfNZ Open
    • MotorsportFormula 1
    • Boxing
    • UFC
    • BasketballNBABreakersTall BlacksTall Ferns
    • Tennis
    • Cycling
    • Athletics
    • SailingAmerica's CupSailGP
    • Rowing
  • Lifestyle
    • All Lifestyle
    • Viva - Food, fashion & beauty
    • Society Insider
    • Royals
    • Sex & relationships
    • Food & drinkRecipesRecipe collectionsRestaurant reviewsRestaurant bookings
    • Health & wellbeing
    • Fashion & beauty
    • Pets & animals
    • The Selection - Shop the trendsShop fashionShop beautyShop entertainmentShop giftsShop home & living
    • Milford's Investing Place
  • Entertainment
    • All Entertainment
    • TV
    • MoviesMovie reviews
    • MusicMusic reviews
    • BooksBook reviews
    • Culture
    • ReviewsBook reviewsMovie reviewsMusic reviewsRestaurant reviews
  • Travel
    • All Travel
    • News
    • New ZealandNorthlandAucklandWellingtonCanterburyOtago / QueenstownNelson-TasmanBest NZ beaches
    • International travelAustraliaPacific IslandsEuropeUKUSAAfricaAsia
    • Rail holidays
    • Cruise holidays
    • Ski holidays
    • Luxury travel
    • Adventure travel
  • Kāhu Māori news
  • Environment
    • All Environment
    • Our Green Future
  • Talanoa Pacific news
  • Property
    • All Property
    • Property Insider
    • Interest rates tracker
    • Residential property listings
    • Commercial property listings
  • Health
  • Technology
    • All Technology
    • AI
    • Social media
  • Rural
    • All Rural
    • Dairy farming
    • Sheep & beef farming
    • Horticulture
    • Animal health
    • Rural business
    • Rural life
    • Rural technology
    • Opinion
    • Audio & podcasts
  • Weather forecasts
    • All Weather forecasts
    • Kaitaia
    • Whangārei
    • Dargaville
    • Auckland
    • Thames
    • Tauranga
    • Hamilton
    • Whakatāne
    • Rotorua
    • Tokoroa
    • Te Kuiti
    • Taumaranui
    • Taupō
    • Gisborne
    • New Plymouth
    • Napier
    • Hastings
    • Dannevirke
    • Whanganui
    • Palmerston North
    • Levin
    • Paraparaumu
    • Masterton
    • Wellington
    • Motueka
    • Nelson
    • Blenheim
    • Westport
    • Reefton
    • Kaikōura
    • Greymouth
    • Hokitika
    • Christchurch
    • Ashburton
    • Timaru
    • Wānaka
    • Oamaru
    • Queenstown
    • Dunedin
    • Gore
    • Invercargill
  • Meet the journalists
  • Promotions & competitions
  • OneRoof property listings
  • Driven car news

Puzzles & Quizzes

  • Puzzles
    • All Puzzles
    • Sudoku
    • Code Cracker
    • Crosswords
    • Cryptic crossword
    • Wordsearch
  • Quizzes
    • All Quizzes
    • Morning quiz
    • Afternoon quiz
    • Sports quiz

Regions

  • Northland
    • All Northland
    • Far North
    • Kaitaia
    • Kerikeri
    • Kaikohe
    • Bay of Islands
    • Whangarei
    • Dargaville
    • Kaipara
    • Mangawhai
  • Auckland
  • Waikato
    • All Waikato
    • Hamilton
    • Coromandel & Hauraki
    • Matamata & Piako
    • Cambridge
    • Te Awamutu
    • Tokoroa & South Waikato
    • Taupō & Tūrangi
  • Bay of Plenty
    • All Bay of Plenty
    • Katikati
    • Tauranga
    • Mount Maunganui
    • Pāpāmoa
    • Te Puke
    • Whakatāne
  • Rotorua
  • Hawke's Bay
    • All Hawke's Bay
    • Napier
    • Hastings
    • Havelock North
    • Central Hawke's Bay
    • Wairoa
  • Taranaki
    • All Taranaki
    • Stratford
    • New Plymouth
    • Hāwera
  • Manawatū - Whanganui
    • All Manawatū - Whanganui
    • Whanganui
    • Palmerston North
    • Manawatū
    • Tararua
    • Horowhenua
  • Wellington
    • All Wellington
    • Kapiti
    • Wairarapa
    • Upper Hutt
    • Lower Hutt
  • Nelson & Tasman
    • All Nelson & Tasman
    • Motueka
    • Nelson
    • Tasman
  • Marlborough
  • West Coast
  • Canterbury
    • All Canterbury
    • Kaikōura
    • Christchurch
    • Ashburton
    • Timaru
  • Otago
    • All Otago
    • Oamaru
    • Dunedin
    • Balclutha
    • Alexandra
    • Queenstown
    • Wanaka
  • Southland
    • All Southland
    • Invercargill
    • Gore
    • Stewart Island
  • Gisborne

Media

  • Video
    • All Video
    • NZ news video
    • Herald NOW
    • Business news video
    • Politics news video
    • Sport video
    • World news video
    • Lifestyle video
    • Entertainment video
    • Travel video
    • Markets with Madison
    • Kea Kids news
  • Podcasts
    • All Podcasts
    • The Front Page
    • On the Tiles
    • Ask me Anything
    • The Little Things
  • Cartoons
  • Photo galleries
  • Today's Paper - E-editions
  • Photo sales
  • Classifieds

NZME Network

  • Advertise with NZME
  • OneRoof
  • Driven Car Guide
  • BusinessDesk
  • Newstalk ZB
  • Sunlive
  • ZM
  • The Hits
  • Coast
  • Radio Hauraki
  • The Alternative Commentary Collective
  • Gold
  • Flava
  • iHeart Radio
  • Hokonui
  • Radio Wanaka
  • iHeartCountry New Zealand
  • Restaurant Hub
  • NZME Events

SubscribeSign In
Advertisement
Advertise with NZME.
Home / Business / Companies / Tourism

NZ surfing the superyacht wave

Grant Bradley
By Grant Bradley
Deputy Editor - Business·NZ Herald·
30 Sep, 2014 04:00 PM5 mins to read

Subscribe to listen

Access to Herald Premium articles require a Premium subscription. Subscribe now to listen.
Already a subscriber?  Sign in here

Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech.
‌
Save

    Share this article

The submarine-styled A, owned by magnate Andrey Melnichenko, stayed in Auckland for seven months for a multimillion-dollar refit. Photo / Chris Gorman

The submarine-styled A, owned by magnate Andrey Melnichenko, stayed in Auckland for seven months for a multimillion-dollar refit. Photo / Chris Gorman

Vessels of the mega-rich visiting NZ generated $40m-plus last summer, report shows.

A study of the superyacht industry has found visiting vessels generated more than $40 million for New Zealand last summer - which could rocket if facilities were expanded.

The report found that during the 2013/14 season, 37 superyachts ranging from 24m to the submarine-styled 112m "A", visited the country.

More than $31 million was spent in the marine services sector and $8.25 million in the tourism sector.

The figures do not include an additional $145.6 million earned by refitting superyachts and smaller yachts last year.

Advertisement
Advertise with NZME.
Advertisement
Advertise with NZME.

The study by SuperyachtIntelligence.com was commissioned by a range of agencies including Auckland Tourism, Events and Economic Development, whose chief executive, Brett O'Riley, said that of the total $40 million-plus figure, $29 million was spent in Auckland.

"Visiting superyachts spent the largest amount of time in Auckland - and of the $29 million total economic impact [for the city], $4.3 million was spent specifically on tourism-related activities in the greater Auckland region," he said.

"As well as the stunning cruising opportunities of the Hauraki Gulf, Auckland offers a world-class city, with shopping, dining and events right on the marina's doorstep.

"Superyacht owners and crew love the range of experiences and the relative anonymity that a stay in Auckland offers."

Advertisement
Advertise with NZME.

Read the full superyacht report here:

O'Riley said Auckland Council agencies were now investigating expanding facilities at Silo Marina, building "Yard 18" including special lifting machinery and were in discussion with the private sector, including Team New Zealand which is on the move.

The fall of the dollar against the United States currency during the past fortnight was welcome.

"As we've seen with the superyacht business, anybody who wants a boat built or a quality refurbishment is interested in coming to New Zealand but the dollar needs to be around 70c for us to be competitive again," O'Riley said.

Ateed attracted headlines last year for sending staff to the Monaco Yacht Show, the annual mecca for the world's superyachts, owners, crew and other industry participants that was held last week.

Discover more

Freight and logistics

$78m yacht: Affair of the Hart

03 Sep 05:00 PM
Tourism

Cruise economy boom tipped to grow

29 Sep 10:45 PM
Tourism

Tycoon's $423m yacht too big

20 Jan 08:17 PM

O'Riley said the organisation did not send staff this year because it had made valuable connections at the last show that justified the financial commitment.

"When we see a report like this it justifies the investment we made. We've got a pretty good network now which meant we felt we didn't need to be in Monaco."

The report found superyachts spent a combined total of 623 weeks in the country. While most of these were with just crew, owners or guests were here for 74 of those weeks.

They can be big spenders and the report notes that they contributed $1.5 million. Other "one-off large spends" that were undeclared are not recorded.

According to one provider of a range of services for superyachts, Jeanette Tobin from Asia Pacific Superyachts, one owner of a vessel here for six months spent $80,000 in less than an hour on a Queenstown shopping spree.

She handled the seven-month visit by A, owned by chemical and industrial magnate Andrey Melnichenko, who cruised with his wife, Aleksandra, around the country after the vessel underwent multimillion-dollar servicing in Auckland.

Advertisement
Advertise with NZME.

The SuperyachtIntelligence.com study found that of the $6.7 million spending by crew, most (35 per cent) was spent on eating and drinking onshore.

The study says there is big potential for the superyacht service sector to expand. Of the 4896 completed superyachts in the world, New Zealand is currently attracting just 0.75 per cent of the fleet.

There is "clear value" to New Zealand from tourism and refits.

"As each superyacht ages, it either needs or is required to undertake survey or refit work, representing significant economic impact to the country where the refit is undertaken. In addition to lucrative refit or service contracts superyachts also contribute significant tourism economic impact from both their owners and their permanent crew."

With 350 more superyachts being built globally, the potential for both New Zealand's marine service and tourism sectors continues to grow.

"As yachts become more adventurous and more likely to visit destinations such as New Zealand, it is crucial to ensure that superyacht infrastructure is invested in with the long-term picture in mind."

Advertisement
Advertise with NZME.

If all 37 superyachts that visited New Zealand last summer had stayed the entire season, with a minimum of four weeks of owner-guest tourism activity, this would have contributed an additional $37 million of net economic impact.

A 10 per cent growth in the number of superyachts visiting New Zealand, with the 80-metre-plus segment targeted, would bring additional spending of $63.6 million, the report says.

The report was commissioned by the Destination New Zealand Superyacht Attraction Initiative Group, which includes Ateed, Tourism New Zealand, New Zealand Trade and Enterprise and NZ Marine.

Top 10 destinations

1. Auckland
2. Waiheke Island
3. Great Barrier Island
4. Bay of Islands
5. Coromandel
6. Queenstown
7. Wellington
8. Taupo
9. Rotorua
10. Other

(As ranked by superyacht crew).

Advertisement
Advertise with NZME.
Save

    Share this article

Latest from Tourism

Premium
Stock takes

Stock Takes: In play - more firms eyed for takeover as economy remains sluggish

19 Jun 09:00 PM
Tourism

Tourism Holdings receives takeover proposal from consortium

15 Jun 10:39 PM
Premium
Opinion

Liam Dann: We need to fix the human-shaped hole in our economy

14 Jun 05:00 PM

Help for those helping hardest-hit

sponsored
Advertisement
Advertise with NZME.

Latest from Tourism

Premium
Stock Takes: In play - more firms eyed for takeover as economy remains sluggish

Stock Takes: In play - more firms eyed for takeover as economy remains sluggish

19 Jun 09:00 PM

BGH's tilt at Tourism Holdings has sparked more merger and acquisition speculation.

Tourism Holdings receives takeover proposal from consortium

Tourism Holdings receives takeover proposal from consortium

15 Jun 10:39 PM
Premium
Liam Dann: We need to fix the human-shaped hole in our economy

Liam Dann: We need to fix the human-shaped hole in our economy

14 Jun 05:00 PM
100% Pure New Zealand campaign gets $5.5m relaunch

100% Pure New Zealand campaign gets $5.5m relaunch

11 Jun 08:00 PM
How a Timaru mum of three budding chefs stretched her grocery shop
sponsored

How a Timaru mum of three budding chefs stretched her grocery shop

NZ Herald
  • About NZ Herald
  • Meet the journalists
  • Newsletters
  • Classifieds
  • Help & support
  • Contact us
  • House rules
  • Privacy Policy
  • Terms of use
  • Competition terms & conditions
  • Our use of AI
Subscriber Services
  • NZ Herald e-editions
  • Daily puzzles & quizzes
  • Manage your digital subscription
  • Manage your print subscription
  • Subscribe to the NZ Herald newspaper
  • Subscribe to Herald Premium
  • Gift a subscription
  • Subscriber FAQs
  • Subscription terms & conditions
  • Promotions and subscriber benefits
NZME Network
  • The New Zealand Herald
  • The Northland Age
  • The Northern Advocate
  • Waikato Herald
  • Bay of Plenty Times
  • Rotorua Daily Post
  • Hawke's Bay Today
  • Whanganui Chronicle
  • Viva
  • NZ Listener
  • Newstalk ZB
  • BusinessDesk
  • OneRoof
  • Driven Car Guide
  • iHeart Radio
  • Restaurant Hub
NZME
  • About NZME
  • NZME careers
  • Advertise with NZME
  • Digital self-service advertising
  • Book your classified ad
  • Photo sales
  • NZME Events
  • © Copyright 2025 NZME Publishing Limited
TOP