The best confirmation of how highly the people of Lošinj regard the spear fishing skill is the monument to a spear fisherman erected in one of the town squares. The mild Mediterranean climate the island is blessed with enables its inhabitants to provide spear fishermen with the unforgettable experience of competing just before New Year. The New Year Championship comprises two cups: New Year Cities Cup and European Nations Cup; both cups are equally attractive because each dive-in takes one’s breath away and results in loud cheering by the audience. It is an opportunity to celebrate the New Year in the company of extremely brave people and a truly sportsmanlike environment.