> Powerboat-World.com
 
 
News Home Video Gallery Newsletters FishingBoating Features Photo Gallery Sail-World Australia Australian Cruising
MarineBusiness-World
Sail-World.com : New Zealand’s $350 million role in the 2013 America’s Cup
New Zealand’s $350 million role in the 2013 America’s Cup


'Emirates New Zealand on the final reaching leg to the finish of race seven of the Louis Vuitton finals. 24/8/2013.'    Chris Cameron/ETNZ©

Much comment has been made internationally regarding the $36million investment from NZ Trade and Enterprise into Emirates Team NZ, under an arrangement first signed by the then Labour Government to help the team build back to compete in 2007, and the second campaign staged in 2013.

The large stylised fern displayed on the Emirates Team NZ wingsail is one of the logos owned by NZTE.

NZTE works closely with the NZ Marine Industry Association to expand NZ's Marine Exports, and the association claims that from the 2013 America’s Cup, New Zealand has already benefited from well in excess of NZ $350 million dollars coming into the economy.

NZ Marine’s Peter Busfield speaks to guests and media at Emirates Team New Zealand’s base in San Francisco - America’s Cup -  NZ Trade & Enterprise Representative   Click Here to view large photo
Peter Busfield, executive director of the NZ Marine Industry Association (NZ Marine), says: 'There is no doubt that the America’s Cup and all that the regatta represents, sporting-wise and commercially, has played a significant role in highlighting and developing New Zealand’s marine sector over the past 25 years.

'In the lead-up to the 2013 America’s Cup in San Francisco, 44 NZ Marine member companies – plus others outside the marine sector – have contributed hundreds of thousands of man-hours, innovation and design skills, and quality workmanship to one or more of three of the four America’s Cup syndicates which did most or all of their campaign preparation in New Zealand,' said Busfield when speaking at a function for 110 invited guests, media and industry colleagues in San Francisco on Friday 23 August at the Emirates Team New Zealand sailing base.

With every team’s AC45 boat and the AC72s of Emirates Team New Zealand and the major components and fit-out of the AC72s of Luna Rossa Challenge Oracle Team USA built in New Zealand, the physical man hours, supplies and tax generated have clearly generated considerable economic benefits to New Zealand’s marine sector and the country as a whole.

'The New Zealand Government’s investment of $36 million in Emirates Team New Zealand’s campaign has been more than returned in direct tax revenue alone, not to mention the great profiling of New Zealand as a brand associated with world-leading technology,' says Busfield.

'We also recognise the role that the world-class NZ Marine Industry Training Organisation (NZ Marine ITO) has played in helping create a highly-skilled, talented pool of marine industry professionals which in turn drew the America’s Cup teams to manufacture most, if not all, their race boats, supply and support boats and other components in New Zealand.

'The NZ Marine ITO has done and continues to play an important role in ensuring New Zealand has the skilled personnel available to build and refit world-leading superyachts and we’ve witnessed the importance of technology transfer from the America’s Cup and other Grand Prix race programmes to and from the superyacht sector.

'New Zealand can already celebrate the fact our people built the winning Louis Vuitton and 2013 America’s Cup yachts!'

NZ Marine also comprises the NZ Marine Industry Training Organisation and NZ Marine Export Group, and owns and runs the annual Auckland On Water Boat Show which next takes place from 26 to 29 September 2013.

Louis Vuitton Cup Final, Day 6, Emirates Team New Zealand Vs Luna Rossa -  Gilles Martin-Raget: AmericasCup©   Click Here to view large photo


by Sail-World

  

Click on the FB Like link to post this story to your FB wall

http://www.powerboat-world.com/index.cfm?nid=113692

8:47 PM Mon 26 Aug 2013GMT


Click here for printer friendly version
Click here to send us feedback or comments about this story.

Click for further information on
2013 America's Cup
2013 Auckland On the Water Boat Show

Related News Stories:

26 Aug 2013  America's Cup: New report raises more questions on measurement ruckus
26 Aug 2013  Louis Vuitton Cup: Am-Cam Video from Final Day and Red Bull Practice
26 Aug 2013  Louis Vuitton Cup: Images of the Day from ashore and on the Bay
26 Aug 2013  Louis Vuitton Cup: No fogging contest - Challenger is chosen
26 Aug 2013  Louis Vuitton Cup: Emirates TNZ win the right to go up against Oracle
26 Aug 2013  Louis Vuitton Cup:Emirates Team NZ have consecutive trophy wins
26 Aug 2013  Louis Vuitton Cup: Images of Emirates Team NZ celebrations
26 Aug 2013  Louis Vuitton Cup: Emirates Team NZ confirmed as Challenger
26 Aug 2013  Louis Vuitton Cup Race 7 - Luna Rossa on the brink
25 Aug 2013  Louis Vuitton Cup final - Images of Luna Rossa by Carol Borlenghi
MORE STORIES ...






Power Boat News



























Understanding the Ocean's role in Greenland Glacier melt by Woods Hole Oceanographic Institution (WHOI),


Dangerous conditions for boating on entire NSW Coast by Transport Roads and Maritme Services,


Revealing report on Search for American yacht Nina released *Feature by Rob Kothe and the Sail-World team,












AYSS PacificNet/Tahiti voted a success! by Asia Pacific Superyachts,














Dangerous conditions forecast for NSW boaters by Roads and Maritime Services,


APSNZ appoints Duthie Lidgard as new MD by Asia Pacific Superyachts,


Whale freed from rope at Byron Bay by Department of Agriculture, Fisheries and Forestry,






World premieres and national debuts for Sydney International Boat Show
Marine Auctions experiencing rising tide of interest *Feature
Tags reveal Chilean devil rays are among ocean's deepest divers
Auckland On Water Boat Show to hold world record attempt
Zodiac at Sydney International Boat Show 2014 – Australian
Gold Coast International Marine Expo - Exhibitor space filling fast
Ceramic coated exhaust manifolds reduce engine bay temps on superboat
Reminder of safe distance requirements for whales
Changes to Australian bass closed season
Fusion achieves industry-wide acceptance of FUSION-Link
BSE Brisbane Slipways open for business as normal
Honda’s everywhere at Sydney International Boat Show!
Fifth round of XCAT World Powerboat Series moves to China
Sly 43 - Making her Australian premier
Maritimo full of confidence following recent wins
Australia event cements its position as hosting 'the' marina party
Up close and personal with whales on the Gold Coast
SA Marina Day encourages South Australians to enjoy their marinas
Southport Yacht Club raffle: Dusit Thani, BRIG Falcon, Marriott stay
Enjoy the whale spectacle, just keep your distance
The Dinghy Nav Light Solution- a brilliantly dumb idea   
Extension granted for salvage of a paddle steamer on the Murray River   
Sydney International Boat Show set to embrace new location   
Thermal imaging helping bulk carriers avoid collisions in port and in   
Third CYCA Solas Trusts grant to Australian Volunteer Coast Guard   
CruiseCraft adds Explorer 595 Hard Top   
Severe weather warnings prompt reminder to boat owners   
Be won over by the new Azimut 50   
Predictwind unlocks more features on free accounts   
Tammy Wolf and Mercury's Formula 2 Powerboat on to Divisional Champion   
Monaco Yacht Show 2014 - the biggest superyacht show ever   
Biggest Display ever and 18 launches at SIBS   
Gold Coast International Marine Expo helps Sailability grant FREEDOM   
Exhibitors heat up for Cannes Yachting Festival   
Benetti 108 tri-deck Tradition Supreme will launch in Cannes   
St Kitts open for superyacht business   
Marine World Sales: The latest in buying and selling marine online   
UIM XCAT - Massive fight from Fazza secures fourth consecutive title   
Peters & May launch Mediterranean and USA to East Coast Australia   
Lifejackets are imperative: don't rely on sheer luck   


For this week's complete news stories select    Last 7 Days
   Search All News
For last month's complete news stories select    Last 30 Days
   Archive News







Sail-World.com  


















Switch Default Region to:

Social Media

Asia

Australia

Canada

Europe

New Zealand

United Kingdom


http://www.sail-world.com/event_images/image/Twitter_logo_small.png   http://www.sail-world.com/event_images/image/RSS-Icon.png

United States

Cruising Northern

Cruising Southern

MarineBusiness World

PowerBoat World

FishingBoating World

 

Contact

Commercial

News

Search

Contact Us

Advertisers Information

Submit news/events

Search Stories/Text

Feedback

Advertisers Directory

Newsletter Archive

Photo Gallery

 

Banner Advertising Details

Newsletter Subscribe

Video Gallery

Policies

 

 

 

Privacy Policy

 

 


Cookie Policy

 

 



This site and its contents are © Copyright TetraMedia and/or the original author, photographer etc. All Rights Reserved.  Photographs are copyright by law.  If you wish to use or buy a photograph contact the photographer directly.
XLXL WAS PBW
LocalAds   DE  ES  FR  IT