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Minister refuses to reveal 'megabucks' Team NZ salaries

Dean Barker and Grant Dalton (TV3)

Dalton and Barker’s property millions

Dean Barker

Auckland to host Volvo Ocean Race again

The city will host 15-day stopovers in 2015 and 2018.

Big is best for luxury yachts

Auckland carbon spar design company Southern Spars was today rigging the latest 58-metre Kokomo with the world’s second biggest carbon fibre mast, at 75 metres tall.

But the company says it’s working on an even bigger mast (83m tall) for an undisclosed party in Europe. Even still, it won’t quite beat the world’s largest, at 88m.

In the trend towards creating the biggest, fastest luxury racing yacht, Auckland’s marine industry has been busy.

Boat show hopes for biggest marine event since America's Cup

The marine industry is hoping for its biggest event since the America’s Cup next year, with the culmination of the Louis Vuitton Trophy Series and the Auckland International Boat Show.

Marine Industry Association executive director Peter Busfield said Louis Vuitton racing yachts, crews, support boats, patrol boats and visiting super yachts in the Viaduct Harbour would add a whole new dimension to the boat show.

Ten countries are expected to compete in the regatta and the first round robin runs for the duration of the show, from March 11 to 14.

Oracle keeps NZ boatbuilders busy

Areas of New Zealand’s marine industry managed to grow during the recession, particularly in super yacht re-fits, but not all were spared.

So it’s lucky the world still has a few billionaires floating around – or rather, paying others to.

BMW Oracle Racing is doing its part to keep the country in work, hoovering up New Zealand boatbuilders to help keep its challenge alive.

The latest got called up in the last few weeks.