2012 Monaco Yacht Show to set a record with 6 megayachts exhibited (80.11 metres of average length) 73 superyachts over 40 meters The 22nd edition of the Monaco Yacht Show (from September 19 to 22) remains the world’s most awaited event in superyachting; it is the unique occasion in the year to admire the … Read more
Qatar set to acquire luxury Sardinia assets Qatar continues the recent buying spree. The Middle East state made a name as an international investor by acquiring stakes in household name companies like Porsche, Paris Saint-Germain or French luxury goods group LVMH. The new assets spotted by Qatar’s sovereign wealth fund are situated on the Italian island … Read more
Luxury $70 million superyacht launched The 77-metre luxury superyacht Smeralda, the world’s longest aluminium motor yacht, was launched at Australian Marine Complex, reports perthnow. The yacht was built by Perth-based company Hanseatic Marine and had taken over two years and 550,000 man hours to build. It’s the third superyacht produced for Hanseatic’s owner, German entrepreneur … Read more