Thursday, May 5, 2011

St. Maarten's Yachting Season. The Good the Bad and the downright Ugly



Dutch St. Maarten is still charging exorbitant fees for yachts to enter the Simpson Bay Lagoon. This is reflected in the amount of cruising boats anchored on the Dutch Side. Driving along the edge of the lagoon, the border is clearly marked by the number of yachts anchored north of the line, in French St. Martin. In an effort to win back the smaller boats, Dutch St. Maarten did reduce the bridge/anchoring fees, however, it seems to have done little and the majority of cruising boats still favor the French side where, for now, there is no charge to anchor.
Most of the Caribbean regattas claim to have had successful events although most say their numbers were down. Our own St. Maarten Heineken Regatta dazzled as always and although we had fewer yachts, mainly amongst the bareboat fleet, the quality of boats and crews taking part shone through. More and more big names in ocean racing are making the Heineken a ‘must do’ and the one day Budget Marine Match Race, prior to the main event, is bringing much attention to the island as top match racers chase a purse of $10,000.
One thing for certain, the yachting season is winding down and I can’t recall ever seeing our marinas, which offer temporary home to ever-growing numbers of megayachts, so empty this early in the year. Talk amongst the crews is that fewer of the ‘blessed’ chartered this season and so the big yachts just sat at the dock. And here’s the kicker: more owners are coming to realize that it can be cheaper to sit at a dock in the Mediterranean or North America, so lets get the f**k out of Dodge.
St. Maarten is a success story. It rebuilt after the devastating hurricane of 1995 and went on to become the Yachting Capital of the Caribbean. With success came ever increasing prices. The cost of having boat work done went through the roof. Hourly rates mirror that of a lawyer. With more Caribbean marinas coming on line every year, as everyone fights for a piece of the lucrative yachting pie, I like to think prices will come down.
Then again, I though I would never see myself buying a GPS and look where that got me.

2 comments:

Victoria said...

Hi Gary, Please in Marigot there is indeed an anchoring fee, for a forty foot yacht, is it a cool 36 euros per night if you please. Commercial, bareboats and charter boats do pay it, although most cruising and French yachts do not pay it as there is still a problem with legality as French law does not incorporate charging for the sea nor anchoring. best Victoria Pope

Gary said...

Many thanks, Victoria. Looks like pay is the name of the game!