Marina Services & Fees in the Eastern Caribbean

Presented by Bob Hathaway Manager of The Marina at Marigot Bay Saint Lucia.

Presented by Bob Hathaway Director of the Saint Lucia Hotel and Tourism Association – responsible for Yachting & Maritime Issues

Presented by Bob Hathaway Director of the Soufriere Marine Management Association

Presented by Bob Hathaway Vice- President of the Caribbean Marine Association

Bob Hathaway Trained as a Naval Architect

Bob Hathaway Trained as a Naval Architect In Marine Industry for 25 years

Bob Hathaway Trained as a Naval Architect In Marine Industry for 25 years Builder of Classic yachts

Bob Hathaway Trained as a Naval Architect In Marine Industry for 25 years Builder of Classic yachts & Military Craft

Bob Hathaway Trained as a Naval Architect In Marine Industry for 25 years Builder of Classic yachts & Military Craft First Arrived in the Caribbean 11 years ago

Bob Hathaway Trained as a Naval Architect In Marine Industry for 25 years Builder of Classic yachts & Military Craft First Arrived in the Caribbean 11 years ago By Yacht

Summary 7 Islands 35 Marinas 2,800 Berths Yachts from 16 ft to 650 ft from 5 metres to 200 metres.

US Virgins 2 Marinas 174 Berths Maximum Yacht Size 650 ft / 200 metres

British Virgin Islands 6 Marinas 512 Berths Maximum Yacht Size 300 ft / 90 metres

Saint Martin / Sint Maarten 12 Marinas 897 Berths Maximum Yacht Size 360 ft / 110 metres

Antigua & Barbuda 5 Marinas 360 Berths Maximum Yacht Size 350 ft / 107 metres

Saint Lucia 2 Marinas 275 Berths Maximum Yacht Size 285 ft / 85 metres

Saint Vincent & The Grenadines

Grenada 7 Marinas 457 Berths Maximum Yacht Size 300 ft / 90 metres

Trinidad & Tobago 1 Marina 68 Berths Maximum Yacht Size 200 ft / 60 metres NB 3 Major Dry Storage Yards

The Extremes MOST EXPENSIVE BERTH CHEAPEST BERTH US$5215.20 (Euro 4.172,16) per night For a 200 metre yacht at Yacht Haven Grande ,USVI CHEAPEST BERTH US$12.00 (Euro 9,60) per night For a 12 metre yacht in Prickly Bay Marina, Grenada.

Basis of the Study As far as possible data was obtained from Marinas directly Some data obtained from the Internet Assumptions were avoided as far as possible Some rates had to be calculated from data supplied The whole study will be fed back to all contributors, to them, many thanks.

The Yachts A Cross Section of Typical Yachts was used: A 40 ft / 12 metre monohull sailing yacht typical of the local cruising market A 46 ft / 14 metre catamaran, typical of the bareboat charter market A 65 ft / 20 metre monohull yacht, typical of the higher end cruising market A 130 ft / 40 metre monohull motor yacht – a mid-range “Megayacht”

Calculation Rates were calculated per night for each yacht type for the following periods: The “High Season” between December & May For daily visitor berthing For monthly storage berthing The “Low Season” between June & November For seasonal storage berthing The complete year for permanent berthing.

The Results The complete spreadsheets of data, expressed in US Dollars and Euros are in your information pack The spreadsheet is too big to read on the screen! The highlights follow…

Range of Berthing Fees For the 40 ft / 12 metre yacht, the least expensive berth cost: US$12.00 (Euro 9,60) per night in the low season at Prickly Bay marina, Grenada And the most expensive berth cost: US$110.00 (Euro 88,00) per night as a high season visitor at Yacht Haven Grande in the USVI

46 ft (14 metre) Catamaran Pricing Policies for Multihulls vary significantly between no additional charge to double rates. Most common is a 50% surcharge on monohull rates. Least Expensive berth: US$ 19.78 (Euro 15,82) Secret Harbour Grenada Most Expensive berth: US$ 128.80 (Euro 103,04) Simpson Bay Marina, Sint Maarten.

65 ft (20 metre) Monohull The Least Expensive Berth: US$26 (Euro 20,80) at Catamaran Marina, Antigua The Most Expensive Berth: US$256.75 (Euro 205,40) at Yacht Club Costa Smeralda in the British Virgin Islands

130 ft (40 metre) Megayacht The range of price is even more dramatic! The Least Expensive Berth: US$ 52 (Euro 41,60) at the Catamaran Marina, Antigua The Most Expensive Berth: US$ 1007.50 (Euro 806,00) at Yacht Haven Grande, USVI and Isle de Sol, Sint Maarten.

Causes of Price Variation Geographical Location – Market Geographical Location – Hurricane Season High vs. Low Season On-Island Competition Inter-Island Competition.

Overall Ranking “High Season” 1 2 3 5 4 6 7

Overall Ranking “Low Season” 2 1 3 7 6 5 4

Questions??? Many thanks to you all Goodbye