The retirement dream of former dairy industry heavyweight Graham Calvert is now high and dry after his 12.2m launch, worth at least $350,000, hit rocks and sank in the Hauraki Gulf between Waiheke Island and Motuihe.
'It took about 10 seconds, so you don't have time to be afraid," he said. "I would like to say the Coastguard performed marvellously. The whole team was good to me."
Oh Dear! Reason enough to wear your life jacket and to keep on paying the annual subscription to Coastguard. They are doing a fine job looking after all the boaties out on the water.