Emirates Spinnaker Tower five years, repainting and rebranding the tower in the sponsor's choice of colours and logos and new signage to be installed "no later than July 17" ahead of the 2015 America's Cup World Series. Dubai-based airline Emirates was reported to be the favoured sponsor, with the tower to be renamed as the Emirates Spinnaker Tower. On 5 June 2015, the city council confirmed that Emirates had been secured as the sponsor. Councillor Luke Stubbs said: "It's clearly a very good deal for the city and shows the benefit that Portsmouth is deriving from the America’s Cup... This also associates Portsmouth
Spinnaker halyard thus form a continuous loop, passing through the chute. If the spinnaker chute penetrates the hull and is required to be watertight, it takes the form of a hard tube sealed to the hull at both ends. If a watertight arrangement is not required, a cloth tube may be used to contain the lowered spinnaker. Various types of spinnakers, can be used with it. Asymmetrical spinnakers are often paired with chutes. Some dictionaries suggest that the origin of the word could be traced to the first boat to commonly fly a spinnaker, a yacht called "Sphinx", mispronounced as "Spinx".