New Zealand has been awarded the right to host the World Fastnet Netball Series for a three year term.
Fastnet is a short-form netball game played in six minute quarters.
The first tournament to be held in New Zealand will be take place in November 2012.
Netball New Zealand chief executive Raelene Castle says it's exciting for the organisation to have the opportunity to host another world event.
The World Fastnet Series is one of two official international competitions run by the International Federation of Netball Associations.
The tournament is played as a round robin over four days by the top six nations in the world rankings.
It has been played in the United Kingdom for the past three years.
The rules are different from regular netball, including rolling substitutions, two point shoots from outside the circle and power play quarters.
The Fastnet Ferns are currently defending their world title in Liverpool.