Seven people were on board the 84-year-old wooden vessel, which was on its way to Australia from Opua in the Bay of Islands.
Its American owner David Dyche, 58, and his 60-year-old wife, Rosemary were on the vessel with their son David, 17.
British man Matthew Wooton, 35, and maritime technology expert Evi Nemeth, 73, as well as an 18-year-old American woman called Daniella and a 28-year-old American man named Kyle were travelling with the family.