The world’s largest yacht: Proposed £600 million mega vessel would be twice the length of two football pitches and feature a casino and art gallery
- The 'Valkyrie Project' yacht will measure a massive 750ft long when finished
- It was designed by Chulhun Park and famous yacht designers Palmer Johnson
A mega yacht that would be the biggest private vessel ever built would stretch the length of more than two football fields and contain its own casino and art galleries, under new plans.
The colossal £600m 'Valkyrie Project' stretches an impressive 229 metres (750ft) - the same as 24 buses parked end-to-end.
This would smash the record currently held by the superyacht Azzam which belongs to president of the United Arab Emirates, Khalifa bin Zayed Al Nahyan, and measures 180 metres (590ft).
The enormous 'Valkyrie Project' will cost one lucky punter £600m if it is ever built and measure a whopping 750ft long
The huge ship would be the largest private vessel ever built and feature its own casino and art gallery
The floating leviathan could carry an incredible 52 guests and 92 crew members including an entire deck just for the owner and would travel at a comfortable speed of 25 knots.
It would also be equipped with its own casino, theatres, restaurants and even art galleries.
However, rather than an oligarch's play thing, the designer claims he wants the vessel to be used more like a 'floating entertainment hub' which the public could enjoy.
The mammoth project is the brainchild of Chulhun Park who spent eight months working with yacht designers Palmer Johnson as part of his university course.
Mr Park, 36, from Seoul, South Korea, said the vessel would be made from aluminium and a specially made carbon-fibre structure.
The mesmerising yacht would be made from aluminium and a specially made carbon-fibre structure
The project is the creation of Chulhun Park who spent eight months working with yacht designers Palmer Johnson as part of his university course
He said: 'Valkyrie project was my thesis project supported by Palmer Johnson at Royal College of Art in London. It took eight months to design her.
'I tried to manipulate the structure's surface skin and create non-rectilinear shapes which appear to distort and dislocate elements of shape.
'When I decided to be a yacht designer, I realized that most yachts are white coloured and stacked up like wedding cakes.
'Therefore, I was determined to design a very unique looking yacht which would stand out of the fleet.
'My main goal of designing Valkyrie project was to build a floating entertainment hub, a 229m-long yacht which the public could come onto and enjoy the benefits.
If built, it would smash the record currently held by president of the United Arab Emirates, Khalifa bin Zayed Al Nahyan, whose superyacht Azzam measures 180 metres
'Most people consider superyachts to be an exclusive property for billionaires to show off their wealth.
'However, what if we create floating architecture to be used by everyone.
'I put a huge amount of open space on the yacht, including a casino, theatre, ocean mall, restaurants and exhibition halls, all to satisfy visitors' needs and create a profit.
'To create Valkyrie it would cost around $800 million. I have had a few interesting offers, but no contracts have been sighed yet.
'If she is eventually built, she would be the longest superyacht ever made.'
Russian billionaire's mammoth £360 million 'Sailing Yacht A' superyacht with masts taller than Big Ben dwarves tankers as it pulls into Gibraltar after a week of sea trials
- The £360 million sailing superyacht will soon be delivered to its owner after months of testing in the ocean
- The 468ft-long vessel is owned by Andrey Igorevich Melnichenko who has an estimated net worth of £10.8bn
- It boasts three mammoth 300ft masts which stand taller than London's Big Ben and dwarf tankers in the sea
- Melnichenko hit headlines in September when he moored his other £240million Motor Yacht A on the Thames
A mammoth £360million yacht has been spotted in Southern Spain where it will undergo further sea trials before it is handed over to its wealthy owner.
The 468ft-long vessel, owned by Russian billionaire Andrey Melnichenko, stunned locals in Southern Spain as it towered from the water.
The impressive superyacht, which was has three 300ft masts that are taller than Big Ben's tower, was imaginatively named 'Sailing Yacht A' by its owner, who will finally receive his prized possession in the spring.
A coastguard tugboat looks like a toy next to the enormous Sailing Yacht A as it bobs in the sea off the coast of Gibraltar
One of the world's biggest yachts with masts that stand taller than London-icon Big Ben arrived into Gibraltar on February 15
Seagulls swoop around the masts of the superyacht (pictured, left) and two boats chug alongside it in the sea (pictured, right)
A tanker in the background is absolutely dwarfed by the huge Sailing Yacht A which bobs in the water in Gibraltar
Mr Melnichenko hit the headlines back in September when he moored his other £240 million masterpiece, 'Motor Yacht A', on the Thames.
The boat's internal fit-out is set to continue at another shipyard before it is due to be handed over to Mr Melnichenko in late Spring.
As the boat made its way to Spain, Mr Melnichenko’s Project Director, Dirk Kloosterman said: 'This has been the most challenging assignment of my career. I am confident Sailing Yacht A will be the world’s greatest yacht in terms of design and technology for the years ahead.
'Her beauty is breathtaking, and Philippe Starck's astonishing design and ultimate vision will be the subject of many conversations wherever she travels around the globe. We look forward to the final delivery to the owner.'
Lit up: The huge sailing yacht was seen at Nobiskrug shipyard on February 5 on its way to Spain for more sea trials
The yacht pulled into the harbour at dusk, showcasing its elegant green lighting for the first time
Previous sea tests had taken place in daylight hours so it was the first time the boat had been seen illuminated in green
Melnichenko is said to favour using the letter 'A' so that his vessels are listed first in shipping registers
Seen here on a previous test run, the yacht was impossible to miss thanks to its three 300ft masts which stand taller than Big Ben's tower
The 468ft-long vessel (right), owned by Russian billionaire Andrey Igorevich Melnichenko, was reportedly pulled out of the German Naval Yards in Kiel, north of Hamburg, by a tugboat on previous tests and it eventually built up a speed of 20 knots
Sailing Yacht A boasts eight floors - with a helicopter pad on one of the decks - and an underwater observation room
After the boat left the German shipyard, Nobiskrug’s Managing Director, Holger Kahl told superyachts.com: ‘Born from the desire of the owner to ‘push the boundaries of engineering and challenge the status quo of the industry’, “Sailing Yacht A” is undoubtedly one of the most visionary projects Nobiskrug has ever been involved in.’
Melnichenko, who has an estimated net worth of $13.4 billion (£10.8 billion), is said to favour using the letter 'A' so that his vessels are listed first in shipping registers.
Sailing Yacht A boasts eight floors - with a helicopter pad on one of the decks - and an underwater observation room. The behemoth is believed to be one of the world's largest sailing superyachts.
Superyachtfan.com reports that the boat is powered by a 'hybrid diesel-electric package with controllable pitch propellers,' and is designed to accommodate 20 guests and a crew of 54.
The unconventional yacht was designed by Frenchman Philippe Starck, who challenges the expectations of conventional aesthetics, and built by German Naval Yards, Nobiskrug.
Mr Melnichenko is expected to recover some of the costs by licensing the technology developed for the vessel for commercial applications.
The impressive superyacht turned heads as it dwarfed the other boats in the German harbour, left. It then captured the attention of photographers again as it sailed in Danish seas, right
Sailing Yacht A’s delivery was described as 'an iconic moment for all those involved' in its construction
After leaving Germany, the boat was seen on February 6, passing through Denmark on its way to Kristiansand in Norway
With a huge swimming pool and eight storeys 'Sailing Yacht A' is one of the world's largest sailing ships
The luxury sail-assisted motor yacht was seen passing Elsinore, North Sealand, in Denmark last Monday
The yacht has a high-tech digital control system operated using a touch sensitive sheet of black glass in the bridge
The luxury yacht, that was built at a shipbuilding yard near Hamburg, Germany, has masts that are 300ft high and is one of the world's largest sailing boats in the world
The sailing ship is owned by Russian billionaire Andrey Igorevich Melnichenko, who is believed to have paid £360million for the vessel
Cruise speed of the ship is 18mph, with a top speed of 24mph. The hull is made of steel, with a teak-finish deck
The epic vessel boasts a staggering eight decks and its keel incorporates one of the largest single pieces of curved glass ever made at 193 square feet and weighs a whopping 1.8 tons
The vessel is an upgrade to the Russian billionaire's 'Motor Yacht A' - which set him back £240 million.
Melnichenko also owns a Boeing 737 - but he has now turned his attention to sailing power.
The epic vessel boasts a staggering eight decks and its keel incorporates one of the largest single pieces of curved glass ever made at 193 square feet and weighs a whopping 1.8 tons.
It dwarfs other famous super-yachts like The Maltese Falcon, which is 298ft and weighs 1,367 tons.
The cruise speed of the ship is 18mph and its has a top speed of 24mph. The hull is made of steel, with a teak-finish deck.
This has been used to create a stunning observation pod on the bottom of the vessel so Mr Melnichenko, 44, and his Serbian model wife, Aleksandra, can enjoy stunning views of the sea.
Mr Melnichenko (pictured with wife Aleksandra), who has an estimated net worth of $13.4 billion (£10.8 billion), founded the fertilizer producer EuroChem, the coal producer Suek, and the power generator SGK
Motor Yacht A was Andrey Melnichenko's first purchase, and now he has moved into the sailing side of the industry
Motor Yacht A was a behemoth of the seas in its own right, now Mr Melnichenko has another toy for his collection
The yacht has a high-tech digital control system operated using a touch sensitive sheet of black glass in the bridge.
This will allow the crew to raise and lower the sails and even drop the anchor with a brush of their fingers.
Mr Melnichenko founded the fertilizer producer EuroChem, coal producer Suek, and power generator SGK.
The boat owner billionaire Andrey Melnichenko, pictured with his wife Aleksandra
He was named as the 97th wealthiest person on the planet by Forbes and the ninth richest in Russia.
Speaking previously about the project, a spokesman for Mr Melnichenko said it 'pushed the boundaries.'
'This project was a considerable financial risk for him as he had to fund massive R&D to see if he could achieve his vision,' they said.
'But he is a man to always push the boundaries and to challenge the industries he works with to think out of the box so he can achieve something new and exciting as well as beautiful.
'Sailing Yacht A is a monument to invention.'
Benjamin Maltby of MatrixLloyd, said: 'Make no mistake - this will be a very significant ship.
'While precise details of the sailing rig have yet to be released, not since the days of the mighty clipper sailing ships, such as the Cutty Sark, has such a large sailing vessel been built.
Crowds gathered in northern Germany to catch a glimpse of the mega-yacht as it set on its maiden sail
The masts were prudced by Magma Structures based in Portsmouth, and were shipped out to the German port
An artist's impression gave the idea that the sailing yacht would dwarf other yachts - and so it has been proved
'This new superyacht will be nearly twice the length and over twice the width of the Cutty Sark.
'She will instantly become an inspiration to cargo ship owners, and a floating demonstration that sails - combined with the latest materials and technology - mean that dirty diesel engines are no longer needed as the primary means of propulsion.
'The green lobby should be celebrating - as cargo ships are significant CO2 contributors.
'The masts were built by Magma Structures in Portsmouth - just a stone's throw from another well known sailing vessel, HMS Victory, which is less than half the length of this new superyacht.'
Sarah Johnson from Magma Structures told MailOnline Travel: 'We are really proud of the team who build these masts, that are the largest free-standing rigs in the world.
'We are the only company who can produce structures like this of this size, it's great for Britain to be involved.'
Boat International reports that the previous largest sailing yacht on the water is 96.35 metre Sea Cloud, a classic beauty launched in 1931, followed by the modern falcon-rigged iconic yacht Maltese Falcon at 88 metres LOA.
Sailing Yacht A handily surpasses both of these.
After months of preparation work, the Sailing Yacht A finally took to the seas in northern Germany
HOW MUCH DOES IT COST TO KEEP A SUPERYACHT ON THE WATER?
From Russian oligarchs to Middle Eastern royalty to Hollywood producers, it takes a certain type of person to own a superyacht - crucially, they must be super rich.
Andrey Milnichenko has invested $451 million into his new vessel Sailing Yacht A.
However, the initial cost is only part of owning such a luxurious vessel.
For wealthy owners like Roman Abramovich and UAE president Khalifa Al Nahyan, owners of two of the costliest private vessels in the world, the costs associated with keeping such big boats on the water are staggering.
The original plans for Sailing Yacht A have become a reality for the wealthy Russian businessman
Insurance company Towergate estimates that 10 per cent of the initial value of a superyacht goes on operating costs.
For Chelsea Football Club owner Roman Abramovich's Eclipse, a 162.5m vessel with a missile defence system that cost the billionaire an astronomical $500milion (£332million), meaning $50million (£33million) a year on costs.
The standard fuel usage for a 71m yacht is 500 litres an hour, meaning an average of $400,000 (£265,000) is spent on petrol every year per vessel.
The Value Added Tax (VAT) works out at 15-25 per cent of the vessel's value while docking costs are an average $350,000 (£232,000) and $240,000 (£159,000) the standard for insurance sees the costs soar.
Add to that the expected $1million (£664,000) per year for maintenance and repairs and the wages for an average $1.4m (£930,000) for an on-board crew - which can range from less than 20 to 154 staff on the Sultan of Oman's mysterious Al Said superyacht - and it's a significant outlay.
Helipads, hot tubs and en-suite staterooms: Inside the most expensive superyachts for sale at the Monaco Yacht Show where asking prices reach £51MILLION
Walk-in wardrobes, opulent en-suite staterooms, outdoor hot tubs, helipads - and even lifts that transport guests between decks.
These are some of the eye-catching luxury facilities on board the superyachts that will be on display at the Monaco Yacht Show. More than 120 of the priciest private vessels in the world will be on show over four days at historic Port Hercule, starting on September 23.
The 25th edition of the event in glamorous Monaco brings together manufacturers, owners, buyers and enthusiasts at what is considered the most prestigious pleasure boat show in the world.
What a MAST-erpiece! Inside one of the largest sailing yachts in the world boasting a library and marble Jacuzzi... yours for a cool $59million
- The 295ft-long Athena is the fourth largest sailing yacht in the world and the largest currently for sale
- Sleeps 10 people in five cabins including a master suite with a study, walk-in wardrobe and a large Jacuzzi tub
- A panoramic 190ft high 360-degree bird’s eye view is accessible via the hydraulically hoisted crow’s nest
A luxurious super yacht boasting mahogany interiors, wall-to-wall bookshelves and lavish furnishing harking back to the golden age of sailing, has gone on the market for an eye-watering $59million (£48.3million).
Sprawling across three levels, Athena, a 295ft-long three-masted schooner, is believed to be the fourth largest sailing yacht in the world and is currently the largest up for grabs.
Ideal for a yachting enthusiast and nine friends, the ship features five cabins including a master suite with its own study, a walk-in wardrobe and luxury Jacuzzi. Guests aboard the vessel can unwind in its gym, outdoor sun lounge and spacious dining room.
The Athena super yacht, a 295ft-long three-masted schooner, is believed to be the fourth largest sailing yacht in the world. It was built in 2004 at the Royal Huisman Shipyard in the Netherlands before undergoing a comprehensive refit in 2011
The vessel sleeps 10 people in five cabins - the master suite comes complete with a walk-in wardrobe
Up on the vast deck a table is available for al fresco dining as well as numerous individual sun beds, a full tanning bed and a covered area with deck couches
The 164ft superyacht with a SILENT mode: Hearing expert helped develop the hybrid-powered boat to ensure engine noise never goes above 'softly falling rain'
- Home, built by Dutch shipyard Hessen, is decked out with a hybrid diesel electric propulsion system
- In silent mode, the yacht can reach up to nine knots, while in normal mode it can hit a top speed of 16.3 knots
- Home's hybrid and mechanical power sources can be used simultaneously or independently
A new cutting-edge superyacht boasts a silent mode in a bid to offer guests the ultimate luxury - peace and quiet.
The 164ft-long aluminium-constructed Home, built by Dutch shipyard Hessen, is decked out with a hybrid diesel electric propulsion system, which minimizes noise pollution and fuel consumption without sacrificing speed.
London-based professor Barry Smith, who founded the Centre for the Study of the Senses, helped guide the boat's development and he said that Home runs at 'a sound of around 46 decibels - the level of softly falling rain'.
The 164ft-long aluminium-constructed Home, built by Dutch shipyard Hessen, is decked out with a hybrid diesel electric propulsion system, which minimizes noise pollution and fuel consumption without sacrificing speed
London-based professor Barry Smith, who founded the Centre for the Study of the Senses, helped guide the boat's development and he said that Home runs at 'a sound of around 46 decibels - the level of softly falling rain'. Above, one of the yacht's luxurious bedrooms
Along with space for sunbathing, the yacht's top deck features a slick bar and lounge area for entertaining
Professor Smith says this unique feature will help high-flying passengers get greater enjoyment from the yacht's on-board amenities - especially when it comes to food.
He explains: ‘Our research has shown that the brain’s processing of taste is affected by noise, which reduces the tongue’s ability to detect salt, sweet and sour.
'The beauty of Home is that it enables those on board to enjoy food and drink to the full with no diminution of taste.
Hessen designers said they found many of the activities at sea involve enjoying good food and wine, so they wanted to cut out any distractions.
Home's hybrid and mechanical power sources can be used simultaneously or independently.
In silent cruise mode, her fuel consumption reduces to a staggering 45 litres per hour - an astonishing feat for a yacht displacing 295 tons and a gross tonnage of 499.
At night time the yacht comes alive, thanks to dozens of spotlights on the outside decks
The yacht has an aerodynamic design, allowing it to cut through the water at speed (left) and there is plenty of space on the outside decks to entertain or enjoy the sea air (right)
Home was sold to a passionate yacht enthusiast in July 2016 but there is no word on who the purchaser was or how much the vessel went for
Thanks to floor-to-ceiling windows, guests can enjoy sweeping ocean views from the comfort of their room
The yacht's kitchen is decked out with top-of-the-range appliances, so decadent feasts can be rustled up by the in-house chef
The yacht can accommodate up to 12 guests and the bedrooms feature en-suite bathrooms and ample wardrobe space
In this setting, the yacht can reach up to nine knots, while in normal mode it can hit a top speed of 16.3 knots.
On the design front, Frank Laupman of Omega Architects, was responsible for crafting Home's exteriors.
He opted for a vertical bow, with other striking features including a swimming platform and floor-to-ceiling glass windows.
Inside, the yacht's two-tone palette with jewel-like burgundy details, was the vision of Italian interior designer Cristiano Gatto.
The yacht can sleep up to 12 guests and the owner’s apartment includes a private study, large bathroom and spacious bedroom.
There is a spacious sundeck on the yacht, so guests can sit back and soak up the sun
On the lower deck there are five luxurious staterooms, with two doubles, two twins and one VIP suite.
Other rooms around the watercraft include two lounges, a dining room, gym, spa area and lobby.
The main outdoor deck centres around the theme of 'relaxed living', with sun loungers dotted around and a sweeping open-air bar.
At night, the yacht takes on a different guise, with spotlights and coloured lighting transforming its appearance.
Home was sold to a passionate yacht enthusiast in July 2016 but there is no word on who the purchaser was and how much the vessel went for, though it is known that her sister ship, Project Electra, currently under construction, would cost approximately 33.8 million euros.
Home's finished design was unveiled in 2017 and this January it won Best Naval Architecture Displacement and Best Ecological Design & Operation Innovation at the Boat International Design & Innovation Awards in Kitzbühel.
Judges praised Home's designers for addressing ways to reduce environmental impact.
The yacht's two-tone palette with jewel-like burgundy details was the vision of Italian interior designer Cristiano Gatto
The bar on the yacht lights up, creating quite the party atmosphere
Guests on the yacht can keep in shape while at sea thanks to a small gym area
This January the yacht won Best Naval Architecture Displacement and Best Ecological Design & Operation Innovation at the Boat International Design & Innovation Awards in Kitzbühel
Athena sleeps 10 people in five cabins comprising a master suite, three double bedrooms, and one twin. And there is also space for 21 members of staff.
Across the vessel's three levels of living space there are a variety of saloons including a bridge deck saloon or media room and a spacious main saloon which leads to a formal dining room.
There is a study area with wall-to-floor bookshelves, a gym, and plenty of storage space.
Up on the vast deck another table is available for al fresco dining as well as numerous individual sun beds, a full tanning bed and a covered terrace with couches.
The master suite boasts a a large marble Jacuzzi tub in the spacious bathroom which also has his'n'hers sinks
There are also three double bedrooms, and one twin. The super yacht also has space for up to 21 members of staff
The vessel has a variety of saloons throughout decked out in lavish furnishings, rich mahogany wood and teak joinery designed by Rebecca Bradley Interior Design
There are plenty of spots for guests to unwind across the vessel's three levels of living space. Wall-to-wall bookshelves can be found in the library area, above
Athena was built in 2004 at the Royal Huisman Shipyard in The Netherlands before undergoing a comprehensive refit in 2011.
The boat is decked out in rich mahogany wood and teak joinery designed by Rebecca Bradley Interior Design.
Behind its extravagant finish it is also technologically impressive - its Panamax masts are rigged with 2,500 square metres of sail power controlled by touch button technology while a 190ft high 360-degree bird’s eye view is accessible via the hydraulically hoisted crow’s nest.
Under power, twin 3516B Caterpillar engines give the yacht a cruising range of 4,000 nautical miles at 10 knots.
The super yacht also carries an extensive selection of water sports equipment, including full scuba diving gear.
There is a bridge deck saloon or media room and a spacious main saloon which leads to a formal dining room
The super yacht has received numerous awards including Best Sailing Yacht over 40m at the 2005 Show Boats Design Awards and Best Sailing Yacht over 36m at the 2005 International Super yacht Awards
Athena sports a Cayman Islands flag and is currently lying in the Caribbean but the sale, via boat dealer Burgess, must occur offshore and out of US waters.
The super yacht has received numerous awards including Best Sailing Yacht over 40m at the 2005 ShowBoats Design Awards and Best Sailing Yacht over 36m at the 2005 International Superyacht Awards.
Exterior styling is by Pieter Beeldsnijder Design with engineering by Dykstra & Partners & Pieter Beeldsnijder Design.
With more than 33,000 people expected to attend, these are some of the most expensive vessels for sale, according to MatrixLloyd, a leading authority on superyacht deals.
Built by Amels in 2011, Imagine features a helipad and lift that transports guests between decks, and has an asking price of £51million
Imagine. Asking price: £51million ($78.5million)
Built by Amels in 2011, this 65.7-metre (215.6ft) motor yacht features a lift that transports guests between decks, and a helipad.
Imagine sleeps up to 12 guests, who can lap up the sunshine on the spacious top deck, relax in a hot tub or exercise in the jet-stream swimming pool.
With a cruising speed of 14 knots (16.1mph), the vessel also boasts a gym, steam room and balconies on the two upper deck VIP cabins.
For those who can't afford the asking price, Imagine was available for charter in the Mediterranean over the summer for £388,000 a week ($597,000), according to Fraser Yachts' website.
It is available for the same price over the winter, when it will be positioned in the Caribbean.
Madsummer. Asking price: £24.3million ($37.5million)
Ten guests can sleep comfortably in five en-suite cabins, including a master suite with a double bed, study, walk-in wardrobe, his and hers bathrooms and separate toilet en-suite.
Madsummer, offered by Moran Yacht & Ship, has an asking price of £24.3million ($37.5million) ahead of this year's yacht show
The master suite has a double bed, study, walk-in wardrobe, his and hers bathroom and separate toilet en suite
When they're not relaxing on board, guests can use a number of water toys, including inflatable boats, kayaks and dive equipment
Built in 2005 and refit in 2009, the superyacht has a master suite that is forward on the main deck, with panoramic views of the sea.
Guests can go for a soak in the 55.5-metre (182ft) vessel's hot tub, or let loose with a large collection of water toys, including inflatable boats, personal watercraft, kayaks and dive equipment.
Steel. Asking price: £21.1million ($32.5million)
From the outside, Steel doesn't have the same appearance as a typical superyacht, but it was designed and constructed to go everywhere.
Built at Pendennis' shipyard, in Falmouth, Cornwall, in 2009, the vessel is suitable for icy waters and can accommodate up to 12 guests in six staterooms, said Ocean Independence.
Steel doesn't have the same appearance as a typical superyacht, but it was designed and constructed to go everywhere
The 55-metre (180.5ft) expedition yacht has a stately interior that includes a large master bathroom, fitness room and hot tub
The 55-metre (180.5ft) expedition yacht has a stately interior that includes a fitness room, and a top deck with a hot tub and room for a small boat.
Balista. Asking price: £13.8million ($21.2million)
While most of the superyachts that are for sale at this year's event have plenty of miles behind them, Balista has never been used by its current owner, according to YPI Group, the Monaco-based firm handling the sale.
While most of the superyachts that are for sale have plenty of miles behind them, Balista has never been used by its current owner
With a top speed of 25 knots (28.7mph), Balista comes with a hot tub, satellite television throughout and a large indoor saloon
At 46.57 metres (152.8ft), she was conceived as the flagship yacht of Italy's Cantieri di Pisa shipyard, and only has 250 engine hours despite being delivered in 2013.
With a top speed of 25 knots (28.7mph), Balista sleeps up to 12 guests in six cabins, and comes with a hot tub, large indoor saloon, and satellite TV.
Balista was conceived as the flagship yacht of Italy's Cantieri di Pisa shipyard, and has 250 engine hours despite being delivered in 2013
Clifford II. Asking price: £11.3million ($17.5million)
Clifford II launched in 2008 and is a sport cruiser luxury yacht, with a maximum speed of 30 knots (34.5mph).
With an asking price of £11.3million ($17.5million), Clifford II is a sport cruiser luxury yacht with a maximum speed of 30 knots (34.5mph)
Currently based in Antibes, France, the vessel is 46 metres (150ft), and can sleep as many as 12 guests in five staterooms.
With a spacious aftdeck and upper deck, the superyacht is ideal for alfresco dining and basking in the sunshine.
Currently based in Antibes, France, the vessel is 46 metres (150ft), and can sleep as many as 12 guests in five staterooms
With a spacious aftdeck and upper deck, the superyacht is ideal for alfresco dining and basking in the sunshine.
FROM SUPER YACHTS TO WWII GERMAN TRAINERS: DREAM ON
FROM SUPER YACHTS TO WWII GERMAN TRAINERS: DREAM ON
The super-yacht so big it's almost a ship: First look at former F1 boss Eddie Jordan's luxurious floating palace that even boasts a nightclub (but it still doesn't quite measure up to Roman's!)
- F1 mogul commissions construction of a £25million super yacht that is 155ft-long
- But luxurious vessel pales in comparison to the 536ft-long, £272million yacht owned by Roman Abramovich
F1 mogul Eddie Jordan has bought a £25million super yacht that is so big it is almost classed as a ship.
The 155ft-long vessel has been commissioned by the 58-year-old and will blow his current 120ft-long boat out of the water.
But it pales in comparison to the Eclipse, the world's largest private yacht.
Owned by Chelsea football club oligarch Roman Abramovich, that vessel is a staggering 536ft-long and cost £272million. It has two swimming pools, two helipads, a gym, hair salon, dancefloor and a 007-style submarine.
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Under construction: A computer-generated artist's impression of what Eddie Jordan's £25million yacht will look like when it is completed later this year
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Sunseeker boss Robert Braithwaite stands in the enormous hull that is currently being built at his company's headquarters in Poole, Dorset
But even the Eclipse will soon be dwarfed by a yacht currently being built for the Saudi royal family. Known only as Project Azzam, it will be 590ft-long and cost £400million.
Still, Mr Jordan can take comfort in the fact his yacht will have four decks to house 12 close friends as well as ten crew members.
Construction recently began at Sunseeker headquarters in Poole, Dorset, and floor-plans have hinted at what will be contained within.
The sky deck could boast a giant hot tub and bar and the upper deck will feature a luxurious dining area.
An on-board nightclub will be built and, after a tiring night of partying, Mr Jordan and his guests will be able to relax in the lower deck day-room.
There will be a ‘beach club’ stern and ‘panoramic viewing platforms’ down the side, giving guests a front row seat for the Grand Prix at Monaco.
The yacht will have an on-board garage complete with small boats and jet skis.
It will cost approximately £30,000 to fill up the super yacht with fuel for her 4,500-mile range.
A team of workers began building the 500-tonne vessel in April. Construction is expected to be finished by December next year.
It will be the largest ever built by Sunseeker, a firm that has long been a favourite with F1 drivers including Nigel Mansell, Michael Schumacher and Lewis Hamilton.
Robert Braithwaite, founder of Sunseeker, said: 'She will not be owned by many but those that do will be buying a craft of exceptional style, quality and innovation.'
Mr Jordan owns a 120ft vessel named ‘Snapper’, which is currently moored in Monaco.
Now a commentator at the BBC, he is a member of the Royal Cork Yacht Club in Ireland and has keen interests in extreme sports outside of sailing, including skiing.
Last month, stunned photographers captured images of the Project Azzam vessel as it was transported out of the 170-metre dry dock at the yard of German shipbuilder Lurssen. It had because too large to build inside.
The yacht, which was minus its bow section, was quickly moved to the larger 220-metre dock so engineers could continue with their work.
Peter Seyfferth, from TheYachtPhoto.com, said: 'The photographers who took the pictures of Azzam were overwhelmed by the size of it.
'It is difficult to say at this stage but I think it will be a very elegant yacht and more interesting looking then Eclipse.
'There appears to be a special propulsion system which should make it one of the fastest yachts out there.
'In terms of length, we think it will be around 180-metres which makes it longer than some cruise ships.
'If it has been commissioned for the Saudi Royal Family it is unlikely it will leave its dock very often. It is more of a question of prestige, to have the world's largest yacht.'
The yacht's 'beach club' stern. It will also have 'panoramic viewing platforms' down each side side, giving guests a front row seat for the Grand Prix at Monaco
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Huge: Eclipse, owned by Chelsea Football Club owner Mr Abramovich, has two swimming pools, two helipads, a gym, hair salon, dancefloor and a 007-style submarine
Official details on mega yachts, such as Project Azzam and Mr Abramovich's Eclipse, are notoriously sketchy due to confidentiality agreements set up between the builders and their customers.
But they are known to have incredible security systems and it is not uncommon for them to be flanked by smaller yachts and submarines which help make up a billionaire's flotilla.
It is thought a yacht this size will cost its new owner around £400million - and that is just the initial payment with the yacht having astronomical running costs.
This is the moment the world's largest private yacht took to the sea. Azzam, which was built by German firm Lurssen, is a staggering 590 feet long - a £400million floating palace which has knocked Roman Abramovich off the owners' top spot. It was officially unveiled for the first time in April following three years at the shipbuilder's docks in Bremen.
World beater: The yacht Azzam is 590 feet long and cost a staggering £400million
Yachtspotters have now photographed Azzam, believed to have been ordered by a Middle-Eastern billionaire, being tested on the North Sea.
Azzam has taken pole position as the world's largest yacht off Eclipse, a 533-foot boat owned by Roman Abramovich.
It can travel in excess of 30 knots, with power coming from a combination of two gas turbines and two diesel engines with a total of 94,000 horsepower.
 
Majestic: Believed to have been pictured in the North Sea, the yacht was first unveiled back in April
Speed as well as size: Experts claim the megayacht reached a speed of 31.5 knots during its trials - making it by far the fastest in the world
Peter Seyfferth, from TheYachtPhoto.com, said: 'During the three days of trials, Azzam reached an amazing top speed of 31.5 knots, making her not only the longest but also by far the fastest megayacht in the world.
AZZAM'S VITAL STATISTICS
Cost: £400million
Length: 590ft Speed: Over 30 knots - it hit 31.5 in trials Horsepower: 94,000
'Such a speed is absolutely exceptional for a yacht of this size.
'Her elegant, sleek lines are another feature which distinguish Azzam from all the other yachts above 150 metres.'
Mubarak Saad al Ahbabi was the engineer behind the megayacht, and assembled a team to work on the ultra-sophisticated project.
He was told by the yacht's secret buyer to build a vessel which was innovative and had a timeless design which would be able to travel at high speed and in shallow waters.
The exterior design, which has been described as 'surprisingly slender' was carried out by Nauta Yachts, with interior designer Christophe Leoni working on Azzam's inside.
Azzam is expected to be delivered to its owner later this year.
Labour of love: The megayacht spent three years at the shipbuilder's docks in Bremen, and has been praised for its sleek lines
Seen this, Abramovich? Azzam has taken the top spot as the world's largest yacht off Eclipse, owned by the Russian billionaire
Ready to serve: The vessel will be delivered to its owner, believed to be a Middle-Eastern billionaire, later in 2013
Lurssen, which is building Azzam, has refused to discuss the top secret yacht although rumours in the industry are that is being build for Saudi billionaire Al-Waleed bin Talal. Al-Waleed, 57, is worth around £10billion and a member of the Saudi royal family. If he is the owner, he is thought to have ordered the new toy as a replacement for his Kingdom 5KR yacht, which he has enjoyed for the past 20-years.
Ousted: But Mr Abramovich is about to lose his title as the owner of the world's largest private yacht - after this incredible vessel was spotted in Germany last month
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The MS Tûranor PlanetSolar has 512 square metres of photovoltaic cells made of up 809 solar panels or 29,124 solar cells. The eco-friendly boat is capable of crossing the Atlantic ocean in 22 days, smashing the previous Guinness World record of 26 days thanks to its clever design. Launched in Florida, its DeepWater expedition sought to collect a continuous series of physical and biological measurements along the Gulf Stream, both from the water and the atmosphere, using advanced instruments onboard.
The world's largest solar boat is making London its final port of call on an epic voyage of scientific discovery along the Gulf stream
The MS Turanor PlanetSolar has 512 square metres of photovoltaic cells and is capable of crossing the Atlantic ocean in just 22 days. It is the first time the impressive catamaran has visited the UK and it will be docked at Canary Wharf from tomorrow until Monday 2nd September to show off its solar panels that can generate 480 kWh on a sunny day.The vessel is a scientific research platform for the University of Geneva (UNIGE), has a top speed of 14 knots and is home to up to nine crew members at a time, including scientists. It is stuffed with atmospheric instruments, some of which are prototypes developed by the university and for the past four months has been analysing the Gulf Stream to collect data that might inform scientists about climate change.
 
It is the first time the impressive catamaran has visited the UK and it will be docked at Canary Wharf from tomorrow until Monday 2nd September to show off its solar panels that can generate 480 kwh on a sunny day. It is pictured in New York
The vessel is a scientific research platform for the University of Geneva (UNIGE), has a top speed of 14 knots and is home to up to nine crew members at a time, including scientists.Led by Professor Martin Beniston, climatologist and director of the Institute of Environmental Sciences at UNIGE, the research team studied the key parameters of climate regulation, focusing on aerosols and phytoplankton. Their aim is to improve the understanding of complex interactions between the ocean and atmosphere, as well as the role these interactions play in climate change. He said: 'The PlanetSolar DeepWater expedition has allowed intensive testing in real-world conditions of a number of ocean and atmospheric instruments, some of which are prototypes.
'There is now a wealth of physical, chemical, and biological data housed at the University of Geneva, and which is beginning to undergo exhaustive scientific scrutiny.
Here, the boat has 'closed' its solar panels allowing it to dock more easily. It also pulls them in when sea conditions are very rough
The boat is approximately 35m long and 23m wide, depending on whether the solar panels are closed. In this image you can see the Statue of Liberty to the left. 'Although the data has not been analysed yet, we have noticed some very interesting trends, especially with regards to the production of aerosols by sea sprays,' he said. The boat is approximately 35m long and 23m wide, depending on whether the solar panels are closed - when it is docked or experiencing very rough conditions at sea - or open, in most instances at sea.
The boat travels at an average speed of five knots and uses a staggering 512 square metres of
photovoltaic panels to power six blocks of lithium-ion batteries. 
The boat is stuffed with atmospheric instruments, some of which are prototypes and for the past four months has been analysing the Gulf Stream to collect data that might inform scientists about climate change. It is pictured on a visit to New York
The boat travels at an average speed of 5 knots and uses a staggering 512 square metres of photovoltaic panels to power six blocks of lithium-ion batteries. Despite this it is is light, durable and completely silent. Crossing the Atlantic in 22 days, the speedy solar boat compares favourably with a 40 foot sailing ship, which usually takes around 35 days to cross the ocean. The university believes it clearly demonstrates the possibilities of solar power for sea travel, with massive implications for sustainable tourism and transport. With zero fuel requirements and zero carbon emissions, the boat can take to the open seas for months at a time, so long as the sun continues to rise.
With zero fuel requirements and zero carbon emissions, the boat can take to the open seas for months at a time, so long as the sun continues to rise. This is the high-tech control panel
With a carbon structure, the boat is light, durable and completely silent
Professor Beniston said: 'The MS Tûranor PlanetSolar has positive benefits for scientific study and exploration, allowing for pollution-free research to be carried out in the vicinity of the boat.' The boat also plays an educational role as the scientists are keen to raise awareness about environmental issues. One of the aims of the recent expedition, which stopped at Miami, New York, Boston, Halifax and St. John’s before journeying to London, is to promote the use of solar technology.
One of the aims of the recent expedition, which stopped at Miami, New York (pictured) Boston, Halifax and St. John¿s before journeying to London, is to promote the use of solar technology. The next stop is Paris. It was designed by Craig Loomes from New Zealand after months of research into creating the optimum dimensions and design of the double-hulled vessel. Engineers optimised the energy collection and storage as well as the boat’s aerodynamics, propulsion systems and choice of building materials. The light scientific vessel has a carbon structure and is its name is inspired by the literary mythology of J.R.R. Tolkien and literally means 'power of the sun'. After visiting London, the boat will cross the English Channel and will then dock in Paris.
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 On the move: The yacht, which was minus its bow section, was quickly taken to a larger 220-metre dock so engineers could continue the awesome project. Super-secretive: The £400million megayacht, known only as Project Azzam, is rumoured to have been commissioned by the Saudi Royal Family |  |
This is the next super-yacht set to hit the world's oceans - which comes complete with its own functioning volcano and floating tropical islands.
The vessel - dubbed the 'Tropical island Paradise' - has been designed by British boat builders Yacht Island Design, from Derby, Derbys - some 90 miles from the sea.
The extravagant 295ft ship boasts a towering volcano with a cascading waterfall which feeds the swimming pool.
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Luxury: This yacht will soon be cruising the oceans with its very own floating tropical islands
And playboys will feel right at home with the ships helicopter landing pad and huge bar set behind a series of beach cabanas.
Studio director Rob McPherson at the Derbyshire firm, who have also created the Streets of Monaco super-yacht, said: 'The exterior was designed to give the impression of waves breaking around a volcanic island, whilst maintaining the look of a contemporary yacht design.
'It comes with its own private beach cove and a waterfall cascading down from a volcano.
'This design centres around a secluded island paradise, with elements inspired by the islands of the Caribbean, Indian Ocean and Polynesia. It is set to be a big hit when it comes onto the market.'
The lavish yacht can accommodate up to 10 guests - and can travel along at a top speed of 15 knots.
The main deck is a secluded beach 'cove' of cabanas surrounding a massive ocean view swimming pool.
Spectacular: There is also a huge helicopter landing pad for those quick trips to shore
And should the millionaire future owners get tired of taking a dip in the pool, they can sail out into the sea on their very own floating island complete with deck chairs and palm trees.
McPherson added: 'We had two reasons for designing such a boat. The first being that it's good fun, and secondly the current market is pretty saturated with designs that look fairly similar.
'Our mission is to work on incredibly fun designs and carve a niche for ourselves within the market, a place where other designers fear to tread.'
Inside the huge, towering volcano is a cinema, library, games room, gym, spa and VIP suites - including an owners pad spread over two decks.
The boat - which has yet to hit the market and hasn't had a price set - is causing waves in the boat building world with its unique design.
View from the top: The lavish liner can accommodate up to 10 guests and has a landing pad and huge bar set behind beach cabanas
With its stunningly beautiful lattice exterior and equally luxurious facilities, this eye-catching vessel blows Roman Abramovich's super-yacht out of the water in the style stakes.
The lavish interior of the Voronoi 'mega-yacht' is encased in an intricate honeycomb lattice facade, making it potentially one of the most beautiful boats to have taken to water.
And with hot tubs, a golfing green, swimming pool and sky lounge, the 125m yacht has enough creature comforts to catch the eye of most Russian oligarchs.
Eye-catching: The distinctive lattice exterior of the Voronoi makes it unlike the average multi-million pound super-yacht
One of a kind: The Voronoi is an impressive 125m long, making it bigger than Roman Abramovich's Luna
The Voronoi was the creation of yacht enthusiast Kim Hyun-Seok, who was intent on designing the ultimate yacht complete with the most distinctive exterior possible.
Mr Hyun-Soek described the 20m beam single hull vessel he came up with as 'a unique and enjoyable luxury yacht'.
He named the yacht after the 'Voronoi' concept of random geometric spacing created by Russian mathematician Georgy Voronoi.
Plush: A large swimming pool comes as standard on board the 'unique and enjoyable' Voronoi
Lap of luxury: The dining area and bar on board the mega-yacht are equally modern and impressive
All aboard: The second tier on the Voronoi features more exclusive areas and ultra-sleek design
Mr Hyun-Soek said: 'We can find the (Voronoi) pattern in many areas, especially our body, and cell membranes look like Voronoi patterns.
'The Voronoi pattern is a special method of removing unwanted blocks of solid space, letting you create the most robust structures while using the minimum amount of material.
'Therefore, this method is often used in engineering work.
'Any kind of guests who are selected by the owner will totally be satisfied when they are on board.'
The steel, aluminium and enhanced plastic compound Voronoi also features a lush indoor garden, bar, gallery and dining room with a stage for playing music.
And at 125m long, it pips Chelsea owner Roman Abramovich's £115m superyacht by 10m.
Spectacular: A night-time design concept shows off the boat's unique lattice exterior the full
Garden of paradise: The luxury vessel even includes a glorious garden surrounded by the boat's trademark 'honeycomb' facade
  Ultimate relaxation: Guests on board would also be treated to hot tubs looking out on to the ocean and a golf green for refining your long game |
The majestic Voronoi is only 1m shy of being as long as Octopus, the £122m super yacht owned by Micosoft co-founder Paul Allen.
Mr Hyun-Soek, who this year won an award for his yacht designing skills, said the Voronoi was only a concept - but he believed it could be constructed in the future.
He added: 'To the best of my knowledge, this kind of complex structure and non-repeatable pattern can be constructed using a stamp method.
'Therefore the structure can be divided into lots of individual pieces and then connected to each other.'
Spacious: The galley area offers further space and opportunities to live the high life
Captain's quarters: Even the Voronoi's wheelhouse continues the lattice honeycomb structure theme in style
The super-yacht Eos Impressive - the largest private sailing yacht in the world - has been spotted docked off the coast off the south coast of England.
Impressive Eos, which is owned by billionaire movie mogul Barry Diller, towered over modest cruise boats and fishing trawlers as it swept into Dartmouth, Devon.
The five-year-old wooden schooner is equipped with state-of-the-art navigation systems, electronic sails and several speed boats to transport crews and guests ashore.
Vast: The sailing yacht, which can be seen here in all its glory sailing under power in Devon, is 300ft long and worth a staggering £100million
Scenic: A rainbow hangs in the sky and a steam train passes in the background as the world's largest sailing yacht towers over nearby cruise boats and fishing trawlers in Dartmouth in Devon
IMPRESSIVE? YES, IT IS
Owner: Barry Diller Length: 305ft
Masts: 3x200ft Width: 44.29ft
Value: £1m approx Speed: 16 knots
Propulsion: Twin screw with 2x2,333hp (1,740KW) MTU diesel engines
Max laden weight: 1,500 gross tons
Complement: 16 guests, 21 crew.
Build time: Three years.
Named after Eos, Greek Godess of the dawn.
Aluminum hull and superstructure.
The masts are the maximum height allowed to let it to pass under bridges across the globe.
The stunning 300ft long yacht boasts three 200ft high masts, which have dominated the skyline at the mouth of the River Dart since its arrival earlier this week.
Assistant harbourmaster Nick Clarance said: 'We had Eos in a few years ago and there was a lot of interest in her then.
'It is exactly the same now, we've seen large groups of people lining the harbour to catch a glimpse of her and take photographs.
'Eos is so large that while she is on the river her masts will be the first thing visitors see as they drive in.
'She is certainly a magnificent sight and one of the most imposing you are likely to see anywhere in the world.'
Billionaire Diller, 69, was chief executive of Paramount Pictures in the 70s and 80s when it produced box office smashes Grease, Indiana Jones: Raiders of the Lost Ark and Beverly Hills Cop.
Lit up: The yacht looks stunning at night with its lights forming a reflection on the River Dart in Dartmouth, Devon
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Owner: Film mogul Barry Diller and his fashion designer wife, Diane von Furstenberg
He is married to fashion designer Diane von Furstenberg and went on to form Fox Broadcasting Company where he gave the green light to The Simpsons.
Diller then became chairman of internet travel giant Expedia and CEO of InterActiveCorp, parent company of Ticketmaster, after selling a £25 million stake in QVC shopping channel in 1995.
It is not thought Diller is on board Eos, which is passing through Dartmouth so the largely British crew can have some rest and relaxation and visit family members.
The yacht will spend a few days moored on the river before sailing on to Gibraltar.
Then she will travel on to Germany to the yard where she was built for a marine MOT.
Eos made her first visit to Dartmouth shortly after she was built in 2006, setting sail from the yard at Bremen on her maiden voyage, and this is her third time returning.
There is some debate over her status as the world's largest privately owned super-yacht because of her nearest rival, the Maltese Falcon.
While she is longer overall than the Falcon by around 16ft, much of Eos' extended length comes from the bowsprit - the pole that extends forward from the prow at the front of the boat.
The Falcon is said to be 14ft longer on deck and more than 20ft longer at the waterline.
However, Eos is very marginally bigger in the beam - the width at its widest point - with a 2ins advantage.
This could be Monaco, or an exclusive resort on the Med as the world’s most lavish superyachts jostle for space. Their perfectly scrubbed decks bristle with security guards, while hot tubs bubble and helipads wink at the sky.
This is the playground of billionaires, oligarchs and A-list celebs. There are rumours that Roman Abramovich’s sumptuous $1billion boat will arrive tomorrow.
At 557ft, the Russian tycoon’s Eclipse is the largest private yacht in the world. It has two swimming pools, two helipads, a dedicated disco hall, 30 cabins, a cinema, a mini-submarine, and even its own missile defence system. Abramovich’s master suite is armour-plated and protected by bullet-proof windows and a laser system designed to dazzle long-lens photographers.
But where is this mecca for the mega-rich? Cannes perhaps? Or the crystal-clear waters off Antibes?
Octopus, the £130m super-yacht of Paul Allen, co-founder of Microsoft, enters South Dock in the Canary Wharf the weekend before the games begin
Improbable though it may seem, this is gritty East London — with all the spent industrial allure of down-at-heel Beckton to gaze on, for example.
Yet some of the world’s richest people used to mega-luxury and the most gorgeous, exclusive hideaways on earth are heading here — just in time for the Olympics.
Over the coming weeks the Thames will be transformed into a glamorous floating village of luxury and excess. Up to 100 superyachts are due to arrive and a glittering string of parties are scheduled.
Billionaires who are planning to berth their giant luxury vessels in London for the summer include Microsoft founder Bill Gates whose superyacht Gogypus will drop anchor at the Royal Docks in East London, five miles from the Olympic Stadium.
Microsoft co-founder, billionaire Paul Allen, is expected aboard his 414ft superyacht Octopus, manned by a 57-strong crew. Other superyachts believed to be on their way to London include The Maltese Falcon, owned by the Greek millionairess Elena Ambrosiadou, and the 246ft Leander, owned by Donald Gosling, the NCP car park tycoon.
The £80 million Illona, owned by Frank Lowy of the Westfield shopping centres, has already docked near Canary Wharf.
For those too penurious to run their own superyacht, there are charter yachts aplenty. The Seanna, a 213ft superyacht, is being chartered out to wealthy visitors for the duration of the summer. Yours for £294,000 a week.
Luxury vessel: The super yacht costs £13m a year in running costs alone and was bought in 2003 by the reclusive software billionaire
Flying the flag: As the Octopus arrives in London the vessel raised the Olympic flag
Cruising: Octopus passes the O2 dome on it's way into Canary Wharf where preparation for the arrival of the owner began
The Harle, a comparatively modest 146ft charter yacht, is moored nearby with its crew of nine. It can be hired for £143,000 a week.
Officials at the Royal Docks complex, which looks after the Royal Albert Dock, the Royal Victoria Dock and the King George V Dock, believe they will have 20 of the world’s biggest yachts moored to their bollards by the time the Olympics open.
An estimated 800 security guards are expected to be hired and Mike Luddy, of the Royal Docks Management Authority, says: ‘It will be a real sight to behold and there will be a considerable return for us.’
At West India Docks near Canary Wharf, they are expecting ten or 11 privately-owned boats, reaching maximum capacity. There is also space for 19 super yachts at nearby St Katharine Docks.
Prime Central London berths, such as at Tower Bridge Upper, next to HMS Belfast, have been booked months in advance.
Such spots aren’t cheap. A 230ft superyacht will cost £64,000 for two weeks of the Games in mooring fees alone.
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Easy living: The yacht's recording studio where Mr Allen and the on-board band which is part of his crew jam and, right, one of the luxurious bedrooms on the boat
Yellow Submarine: The rear deck of the 413ft yacht holds a submarine which can be taken out for two weeks at a time - something which may come in handy if the London transport network gets too crowded for Mr Allen
Kitted out: The Octopus, which holds not only the submarines, the two helipads and a recording studio but also a basketball court and a cinema, is pictured moored in Nice in 2006
Once the yachtsmen have disembarked, parties and VIP treatment await. The yacht advisory company MGMT has organised a string of concierge services for the superyacht invasion. The company can arrange VIP tickets to Olympic events — and transfer by helicopter or speedboat.
Among the Hollywood stars reportedly attending are George Clooney and his girlfriend Stacy Keibler, Brad Pitt and Angelina Jolie.
The market for superyachts has defied the economic crisis. After a brief dip in demand following the financial crash of 2007, the market in luxury yachts is buoyant once more.
The dull blue-and-white interiors of old are long gone, and an army of glitzy yacht designers have sprung up to fulfil their clients’ every outrageous whim. In the world of top-end yacht design, what the client wants, the client gets.
One of the most sought-after interior designers is Tara Bernerd, who is currently overseeing the design of a 150ft superyacht being built for clients in Turkey.
‘They are three brothers, based in Istanbul — a sporty family who love swimming, canoeing and water skiing.’ They are building the six-bedroom yacht so they can share family holidays. Bernerd took on the project in October, and it is now nearing completion.
Joining the party: Super yacht Ilona, moored nearby in the South Dock of Canary Wharf,belongs to 81-year-old Australian shopping centre mogul Frank Lowy
Does it float your boat?: The Harle, a 146ft charter yacht costing £143,000 a week to hire, is also docked near Canary Wharf
Sleek and fabulous: Moored near Canary Wharf, the Australian-owned 242ft Llona has a cinema, massage room and gym
No decent hotels? The superyacht Seanna can be yours for just £294,000. That's for the whole week, mind...
Before embarking on the design she undertook an in-depth analysis of her clients’ needs: ‘Where they will eat, how much salon space they need.’
An entire deck has been turned into a sky-lounge ‘with a cool club feel and floor to ceiling windows’.
She adds: ‘The heat is so intense in southern Turkey that being indoors part of the day is a necessity.
‘Everything has been so overblown on these vast yachts with cinemas and so forth, but this is far more elegant.’
The main deck is a vast salon, with a bar on one side. A second bar in the sky-lounge area will create a ‘moodier more evening feel’. On the top deck is a whirlpool bath. The interior is done out in a palate of soft greys.
Bernerd says: ‘The client prefers a more contemporary, fresh feel. When you walk in, you’re met with subdued grey limestone, and a sleek grey wood floor.
'The ceilings are in white lacquer, and there is layered off-white leather. It is very sleek.’
A huge bespoke bookcase is the main feature in the library, again made of grey wood. The main staircase is made of polished plaster, with grey oak stairs and burnt orange detail on the handrails.
Bernerd says the scale of the vessel in dry dock is immense.
‘It reminds me of being taken to the London Science Museum as a child,’ she adds. ‘It’s like a dinosaur skeleton, the scaffold of ribs, and the height. It towers over you, the scale is overwhelming’.
Bernerd is also working on the art collection that will adorn the interior of the finished yacht.
Dickie Bannenberg is another London-based designer with yacht design in his veins.
His late father Jon pioneered yacht design in the Sixties, creating classic boats including Saudi Arabian arms dealer Adnan Khashoggi’s yacht Nabil, which is now owned by Saudi Prince Al-Waleed bin Talal Alsaud. Jon Bannenberg also designed the interiors of John Paul Getty’s 262ft yacht Talitha G.
His son says: ‘While there is still a big middle ground of a fairly corporate and anodyne look, designers are increasingly trying to introduce some sort of individuality, on the basis that anyone commissioning this sort of yacht, with the price tag it commands, has a right to expect something that is one-off.
‘You don’t want to walk onto an impressive 150ft vessel and find it has a slightly ho-hum feel.’
For the 150ft yacht Raasta, Bannenberg’s studio commissioned a sculptor to make a series of handmade bronze wall lights at £2,000 apiece.
And for the 200ft Bacarella, the British sculptor Richard Kindersley carved a large stone map to be placed in the bridge deck lobby. Made from five pieces of Lake District slate, it depicts sea horses and dolphins, alongside marine-inspired quotes from Yoko Ono.
But that’s nothing compared to a project recently completed by yacht designer Remi Tessier, who created a five-storey atrium in polished stainless steel and glass, studded with tiny LED lights making the walls sparkle like diamonds.
The billionaire U.S. industrialist Dennis Washington has just completed a four-year project building a superyacht, Attessa IV.
He says: ‘I set out to build the ultimate family boat. I’ve tried to make every room an experience. A great gym and spa, just to make it fun for family and friends.’
It is believed he spent $50 million on the yacht — and an extraordinary $200 million refurbishing it. But, then, he can afford it. Gucci stainless steel lounge chairs decorate the decks, while a huge pool dominates the outside.
A helicopter perches at one end of the vessel, waiting to ferry guests to shore. It has four guest cabins, and everything from the curtains to the air conditioning is operated by remote control.
The outrageous cost, quite simply, doesn’t matter. As Monte Fino yacht designers say: ‘Quality is remembered long after the price is forgotten.’
As Camilla Storey, a PR executive co-ordinating Olympic party events, says: ‘We will have the entire financial industry, everybody from the worlds of business, sport and entertainment, all coming together. That is a unique opportunity.
‘Do these people want to be lost in the hubbub, immersed in the tourist crowds, or do they want to be watching it, waited on hand and foot, from the top of one of the world’s most exclusive yachts?’
German Luftwaffe boat runs aground during round-island race on the Isle of Wight
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You may have all the trappings of wealth, all the luxury that money can buy, and all the time to enjoy it in.
But they say that eventually all this gets boring, and that life is dull without a sense of adventure and curiosity.
Which is where this just-launched superyacht comes in - for the 74-meter RV Pegaso not only comes with all the flatscreen TVs and en-suite bathrooms befitting a luxury ship, but also a fully operational 'floating laboratory'.
The RV in the name stands for Research Vessel, and just in case there is any doubt, the ship also has a submarine on-board - and a team of marine biologists ready to do your bidding.
Researching a life of luxury: The RV Pegaso is half-dedicated to giving its owner a wonderful yacht trip, and half of it is dedicated to state-of-the-art scientific research
The Pegaso provides en-suite bathrooms, widescreen TVs, a luxurious cabin - and an on-board submarine and dive-room
Under the sea: The submarine can launch from the Pegaso, and take visitors and scientists on underwater trips for research or for pleasure
Actually, the six-million yacht comes with one string attached - that the owner can have as much or as little involvement in sea research as they wish, but they must allow the biologists to be on board, travel with them, and work on projects.
Pegaso Marine chief executive Alex Flemming said: 'The historic perception of the superyacht set is the south of France, drinking champagne and having a lovely time.
'But suddenly people are going: #Hang on a second. I can go somewhere further afield and be a part of something bigger."
'This is about getting the most out of time and also feeling as though they're doing some good.'
Ship in the yard: The Pegaso under construction, where it was specially adapted as a sea-lab
In the shipyard: The yacht dwarfs admirers as it prepares to launch
Is this cramped? Not really, when you consider it is the submarine cabin
The vessel's purchaser is actually very keen to get his hands dirty in research.
The anonymous owner has previously owned four yachts, and traveled the world twice - and toldf the boat manufacturers that he wanted to do 'something different' with the new purchase.
The boat's dining area has been converted into a laboratory and fitted with equipment that can tag endangered marine life and monitor water pollution levels.
A decompresson chamber and diving equipment - including oxygen machines- allow guests to take deep dives from the yacht - and if that is not enough, the five-man submarine will take people down even further.
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A boat once used by Germany’s Luftwaffe for navigation training ran aground during a race around the Isle of Wight.
The 41ft classic yacht Sea Scamp became stranded on a receding tide on a ledge at about 7pm last night.
Rescue crews came to the aid of the Bermudan-rigged sloop but the crew of six had to wait until the early hours of this morning until high tide to refloat.
Marooned: The 41-foot classic yacht Sea Scamp became stranded on a ledge at about 7pm last night as the tide came in
The yacht had been participating in the clockwise direction race for classic yachts which had started earlier in the day from Cowes.
It ran aground on Quarry Ledge, near Thorness Bay and Cowes and Yarmouth RNLI came to the aid with support from Needles Auxiliary Coastguard.
Rescue crews used the yacht’s anchor to help stabilise the stricken boat and left the scene once the boat was secure.
The rescue dinghy returned after midnight this morning to ensure the boat refloated safely and then escorted it back to Cowes.
It was due to be inspected for damage today to see whether it could return to its base at Shamrock Quay, Southampton, Hampshire.
Long wait: Rescue crews came to the aid of the Bermudan-rigged sloop but the crew of six had to wait until the early hours of this morning until high tide to refloat
A Nazi accident: It was one of five built for the Luftwaffe in 1936 by the premier boatyard Abeking and Rasmussen to aid pilots with navigation training
Photographer Owen Buggy, 30, from Cowes, captured the scenes while walking his dog.
He said: 'I had just taken my camera in case there was a nice sunset when I spotted a group of very annoyed sailors.
'Somehow, they had managed to run aground during the race. They were pretty fed up but resigned to the fact it just happens sometimes.
'I think they were more annoyed at the fact that the they were going to be stuck for seven hours until the tide came back in.
'It’s a beautiful old yacht with some fascinating history. Fortunately no-one was injured but I think the crew’s pride may have taken a hit.'
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Hard work: Rescue crews used the yacht’s anchor to help stabilise the stricken boat and left the scene once the boat was secure
Sea trouble: The yacht had been participating in the clockwise direction race for classic yachts which had started earlier in the day from Cowes
A Junkers Ju 52 from the Luftwaffe, used for cargo and troop transport
Originally named Zeisig, which means ‘Siskin,’ Sea Scamp was built in Germany and for eight years was used for sail training and recreation by German armed forces.
It was one of five built for the Luftwaffe in 1936 by the premier boatyard Abeking and Rasmussen to aid pilots with navigation training.
In 1945, the British forces found some 200 yachts in German harbours, and took them as prizes of war.
Called the 'windfall' yachts, they were sailed to England and distributed to service units all over the world.
Thousands of British servicemen were trained to sail in them.
Since 1984 it has been owned and sailed by the Sea Scamp Syndicate.
The ledge where it went aground is very close to the remains of the PLUTO pipeline which was laid in 1944 to pump fuel to France for the D-Day invasion.
Extraordinary.
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