Marina Services & Fees in the Eastern Caribbean

Marina Services & Fees in theEastern Caribbean

Presented by Bob HathawayManager of The Marina at Marigot Bay Saint Lucia.Presented by Bob HathawayDirector of the Saint Lucia Hotel and Tourism Association responsible for Yachting & Maritime Issues

Presented by Bob HathawayDirector of the Soufriere Marine Management Association

Presented by Bob HathawayVice- President of the Caribbean Marine Association

Bob HathawayTrained as a Naval Architect

Bob HathawayTrained as a Naval ArchitectIn Marine Industry for 25 years

Bob HathawayTrained as a Naval ArchitectIn Marine Industry for 25 yearsBuilder of Classic yachts

Bob HathawayTrained as a Naval ArchitectIn Marine Industry for 25 yearsBuilder of Classic yachts& Military Craft

Bob HathawayTrained as a Naval ArchitectIn Marine Industry for 25 yearsBuilder of Classic yachts& Military CraftFirst Arrived in the Caribbean 11 years ago

Bob HathawayTrained as a Naval ArchitectIn Marine Industry for 25 yearsBuilder of Classic yachts& Military CraftFirst Arrived in the Caribbean 11 years agoBy Yacht

Summary7 Islands35 Marinas2,800 BerthsYachts from 16 ft to 650 ft from 5 metres to 200 metres.

US Virgins2 Marinas174 BerthsMaximum Yacht Size 650 ft / 200 metres

British Virgin Islands6 Marinas512 BerthsMaximum Yacht Size 300 ft / 90 metres

Saint Martin / Sint Maarten12 Marinas897 BerthsMaximum Yacht Size 360 ft / 110 metres

Antigua & Barbuda5 Marinas360 BerthsMaximum Yacht Size 350 ft / 107 metres

Saint Lucia2 Marinas275 BerthsMaximum Yacht Size 285 ft / 85 metres

Saint Vincent & The Grenadines

Grenada7 Marinas457 BerthsMaximum Yacht Size 300 ft / 90 metres

Trinidad & Tobago1 Marina68 BerthsMaximum Yacht Size 200 ft / 60 metresNB 3 Major Dry Storage Yards

The ExtremesMOST EXPENSIVE BERTHUS$5215.20 (Euro 4.172,16) per nightFor a 200 metre yacht at Yacht Haven Grande ,USVI

CHEAPEST BERTHUS$12.00 (Euro 9,60) per nightFor a 12 metre yacht in Prickly Bay Marina, Grenada.

Basis of the StudyAs far as possible data was obtained from Marinas directlySome data obtained from the InternetAssumptions were avoided as far as possibleSome rates had to be calculated from data suppliedThe whole study will be fed back to all contributors, to them, many thanks.

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

CalculationRates were calculated per night for each yacht type for the following periods:The High Season between December & MayFor daily visitor berthingFor monthly storage berthingThe Low Season between June & NovemberFor daily visitor berthingFor seasonal storage berthingThe complete year for permanent berthing.

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

Range of Berthing FeesFor 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, GrenadaAnd 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) CatamaranPricing 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 GrenadaMost Expensive berth:US$ 128.80 (Euro 103,04) Simpson Bay Marina, Sint Maarten.

65 ft (20 metre) MonohullThe 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) MegayachtThe range of price is even more dramatic!The Least Expensive Berth:US$ 52 (Euro 41,60) at the Catamaran Marina, AntiguaThe Most Expensive Berth:US$ 1007.50 (Euro 806,00) at Yacht Haven Grande, USVI and Isle de Sol, Sint Maarten.

Causes of Price VariationGeographical Location MarketGeographical Location Hurricane SeasonHigh vs. Low SeasonOn-Island CompetitionInter-Island Competition.

Overall Ranking High Season

1234567Overall Ranking Low Season

2136754Questions???Many thanks to you all

Goodbye