Luxist

Pharos Marine Designs Hydrogen- and Diesel-Electric Orcageno Superyacht

Jonathon Ramsey — Thu, 24 Dec 2009 15:01:00 EST

Filed under: Water

The Orcagena is a 60-meter yacht with a 12-meter beam and room for 12 guests and 14 crew. It contains a spa and health center, sun deck Jacuzzi, and an open-air lounge for the owner's cabin. The dining room overlooks the 2-story swimming pool complex, where you'll be protected from that relentless Aegean sun by a retractable sunroof.

All of that, though, is par for the superyacht course. Where the Orcagena takes its stand is in its propulsion system: a hydrogen- and diesel-electric combination that can provide thousands of more Earth-friendly nautical miles. Dual-fuel engines can run on either diesel or liquid hydrogen, that latter fluid being stored in specially designed tanks in the bow. That engine then powers an electric motor that runs the propellers for quieter, more efficient motoring.

Running on hydrogen eliminates the yacht's carbon footprint, and using the hydrogen alone you can get from London to Brindisi at a leisurely pace, or if you're in a hurry to get to that Campari and soda, Monaco to Brindisi. The full complement of hydrogen and diesel will get you from LA to your second home in Cheju, South Korea... and back. The axe bow and hull design based on the shape of the sperm whale go a long way to making that happen.

The Orcagena is only at the design stage now, but it is more proof of the best in luxury and the best in treading softly are headed for an inevitable union.

Gallery: Pharos Orcagena

[Source: Green Car Congress]

Pharos Marine Designs Hydrogen- and Diesel-Electric Orcageno Superyacht originally appeared on Luxist on Thu, 24 Dec 2009 15:01:00 EST. Please see our terms for use of feeds.

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AMG and Cigarette Team Up to Create Das Racing Boot

Jonathon Ramsey — Sat, 19 Dec 2009 19:02:00 EST

Filed under: Water

Sometimes pairings are nothing but perfection, like the warm chocolate cake and melted chocolate heart of a moelleux au chocolat. Sometimes they don't fare so well, like when Lohan met Ungaro. And sometimes they just make you go "All right, maybe this can work...", like when IKEA paired a lamp commercial with a Bergman film.

We have no idea what Mercedes' AMG division and Cigarette racing boats will come up with together, but we have no reason to think it'll be anything but slick. They have paired to introduce a "Cigarette Racing boat inspired by AMG," which will debut at next February's Miami International Boat Show.

Specifically, the boat will pull emulate the depth of technological innovations on the gullwinged SLS AMG. While we don't expect that to mean it will use the SLS AMG's exploding door bolts -- sadly -- the "offshore racer will feature more than 100 innovations included in the design, development and rigging of the boat." And it will go more than 120 mph. That's the kind of inspiration that needs no explanation.

AMG and Cigarette Team Up to Create Das Racing Boot originally appeared on Luxist on Sat, 19 Dec 2009 19:02:00 EST. Please see our terms for use of feeds.

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Perini Navi Panthalassa Yacht by Foster + Partners

Jared Paul Stern — Tue, 15 Dec 2009 09:01:00 EST

Filed under: Water

Italian yachtbuilder Perini Navi, makers of the world's finest sailing yachts including the famous Maltese Falcon, have collaborated with superstar British architect Lord Norman Foster on its latest launch, the 184-ft. Panthalassa (above). Designed specifically for use as an ultra-luxe charter in the Caribbean and Mediterranean with rates beginning at about $300,000 per week, the all-aluminum alloy ketch can reach a maximum speed of 15 knots and has accommodations for up to 12 guests and a crew of 10. Foster + Partners designed the yacht's spaces as a fusion of contemporary living and the finest nautical heritage.

Outside the decks features a variety of places for relaxing and outdoor dining . Flexible, open living areas are the hallmark of the craft's interiors characterized by a lounge, bar, library and boardroom all featuring glazed screens that can be opened to create a generous central saloon. The three decks are connected by an oval stair, which is surrounded by light-reflecting acrylic rods to mirror daylight back into the living areas. Materials include teak, saddle leather and granite table surfaces. Inside the cabins, leather wall paneling complements silk rugs and gold and black marble tiled baths.

[via JamesList]

Perini Navi Panthalassa Yacht by Foster + Partners originally appeared on Luxist on Tue, 15 Dec 2009 09:01:00 EST. Please see our terms for use of feeds.

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Cruise Company's Woes Prompt Yacht Discount

Deidre Woollard — Tue, 15 Dec 2009 02:02:00 EST

Filed under: Water

Just around this time last year I wrote about the listing of the Tia Moana, one of a matched pair of mini cruise ships based in beautiful Bora Bora. Tia Moana, a 226-foot beauty with 30 cabins was listed last year at 30 million euros. The ship has five decks including two Jacuzzis and an on-deck movie screen. It includes a library, fitness area and ample dining space. It is one of two ships run by Bora Bora Cruises. According to the Sydney Morning Herald the company recently was placed in receivership by the Papeete Mixed Commerce Tribunal and has been renamed Nomade Yachting Bora Bora. Cruises for the Tia Moana were canceled but the sister ship the Tu Moana should be available for private charters starting in April 2010 after a renovation that will make it more like a private charter yacht, including a large owner's suite, six VIP suites and eight double cabins with a maximum capacity of 30 passengers. Both yachts were built in Western Australia in 2003 by Austal Ships Oceanfast. Tia Moana is now listed for 25 million euros.

Gallery: Tia Moana

Cruise Company's Woes Prompt Yacht Discount originally appeared on Luxist on Tue, 15 Dec 2009 02:02:00 EST. Please see our terms for use of feeds.

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Prema Boats are Water-Borne Beauty

Jonathon Ramsey — Mon, 14 Dec 2009 14:02:00 EST

Filed under: Water

The Arts and Crafts movement wasn't as much about arts and crafts as it was about fusing artistry with craftsmanship. Ruskin and his adherents found no reason why well-built objects of use couldn't also be objects of monumental beauty. You can't go sailing on the Kelmscott Chaucer, though, so for you seafaring lovers of beauty and dexterity there are Prema boats.

Each boat is fashioned from Western Red Cedar, book-matched ash, cypress, and sable by one man in one workshop in Florida. There are no visible fasteners, and the smallest Prema boat hides 2,500 of them. Hull integrity is sealed with a comprehensive layer of epoxy for air- and watertight seals, then boats are coated in ten layers of spar varnish for a sun-protected finish. The rub rails and keel are tipped in half-round bronze for impact resistance. The silicon bronze hardware above uses designs by 18th century America's-Cup-winning yacht designer Nathanael Herreshoff. The wood on the top side of the boat is book-matched, the same technique that Rolls-Royce and Bentley use for their dashboards.

The overwhelming craft and art, however, doesn't mean that sound principles behind crafting a boat have been ignored. The slender hollow in the bow helps the skiff part the water. But even at rest the boat is on plane, meaning you don't spend undue energy parting the waters ahead. The hull's generous flair helps keep water where it should be -- in the sea, not in your lap. Pair that with the full-keeled round bottom and low center of gravity, and you can lean the boat 60 degrees to either side without taking on water.

And for its last trick, Prema boats are convertibles: you can use the oarlocks, or attach a mast and sail amidships, or fit an outboard motor over the bronze wear plate in back. Prema boats come in three sizes: 12'1", 14'1", and 16'1", and the heaviest one only weighs 200 pounds, which makes them easy to pull ashore or haul aboard. They take a while to build -- quality always does -- but there's still time to pair it with next summer's lake house season and that Sycara IV you've had your eye on...

Prema Boats are Water-Borne Beauty originally appeared on Luxist on Mon, 14 Dec 2009 14:02:00 EST. Please see our terms for use of feeds.

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Billion Dollar Cruise Ship To Be Built In Korea

Deidre Woollard — Sun, 13 Dec 2009 10:02:00 EST

Filed under: Water

It's a risky move but a couple of investors are betting that the world is ready for a new level ocean liner luxury. Recently Samsung Heavy Industries announced a commission to build $1.1 billion super cruiser in Korea called The Utopia. This is the first huge luxury passenger ship being built in Asia. The 1,000-foot, 105,000-ton ship will be completed in 2013 and will offer the Utopia Residences, 200 floating apartments that will range from 1,400 to 6,600 square feet. Residences on the ship will have a starting price of $3.6 million. There will also be a 204-room hotel on board, a fact that makes it different from a similar concept, The World of Residensea ship which is all owned units. The ship plans to travel the world checking out events like the Cannes Film Festival, Rio's Carnival, the Olympics and the Grand Prix auto race in Monaco.

Utopia Residences has opened a showroom on Rodeo Drive in Beverly Hills and is also selling through Douglas Elliman in New York City. The Utopia venture is being financed by a majority of New Mexico investors and the project's lead investors are the Chant and Robb families. David Robb serves as Utopia's chairman while Chris Chant is its president. Frank Carlucci, the former U.S. Secretary of Defense and co-founder of The Carlyle Group, is also involved and the project is backed by Frontier Group, a private equity firm founded by Carlucci. According to an article in New Mexico Business Weekly, David Robb said that he expects that 60 percent of the sales will come from outside the United States.

Billion Dollar Cruise Ship To Be Built In Korea originally appeared on Luxist on Sun, 13 Dec 2009 10:02:00 EST. Please see our terms for use of feeds.

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Aeroyacht 110 by Wally Comes with Icon A5 Plane

Jared Paul Stern — Fri, 11 Dec 2009 08:01:00 EST

Filed under: Water, Wings

Gregor Tarjan, designer of the Aeroyacht 110, a superfast 110-ft. catamaran equipped with an Icon A5 exploration airplane, has commissioned Monegasque yachtbuilder Wally to construct the avant-garde craft. Representing the first model of a sleek, new range "embodying the ultimate high-performance, supremely styled world yacht," the Aeroyacht 110 will be one of the largest composite multihulls in the world. As standard equipment the craft will come fitted with a two seat Icon A5 amphibious, retractable and fold-able sports plane, launched and retrieved from a specially designed pod. The yacht, which is expected to do 35 knots at full speed, will be ready for delivery in 2011.

Aeroyacht 110 by Wally Comes with Icon A5 Plane originally appeared on Luxist on Fri, 11 Dec 2009 08:01:00 EST. Please see our terms for use of feeds.

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Maltese Falcon Designer's 1920s-Style Superyacht Inspired by JFK

Jared Paul Stern — Wed, 09 Dec 2009 09:02:00 EST

Filed under: Water

Ken Freivokh, designer of the famed Maltese Falcon, the world's largest, most high-tech, beautiful and costliest sailing yacht, has gone classic for his latest project, the 1920's-inspired superyacht Sycara IV (above). The 151-ft. luxury yacht, built by the Burger Boat Company in Wisconsin, is designed to cruise the Great Lakes in high style and is partly inspired by John F. Kennedy's yacht the Honey Fitz. The aluminum-bodied craft resembles a classic wooden motor yacht with a schooner bow and fantail hull. The Art Deco-inspired interior woodwork is a masterpiece of handcrafted mahogany and madrone burl, with ebony, sycamore and padouk accents highlighted with stainless steel details in scores of inlays and moldings. Lalique bathroom fixtures are the finishing Deco touch. Of course she's also equipped with every bit of state-of-the-art tech you'd expect in a modern superyacht.

[via JamesList]

Maltese Falcon Designer's 1920s-Style Superyacht Inspired by JFK originally appeared on Luxist on Wed, 09 Dec 2009 09:02:00 EST. Please see our terms for use of feeds.

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$16.5 Million Warren S120 Sportsyacht from Australia

Jared Paul Stern — Mon, 07 Dec 2009 15:02:00 EST

Filed under: Water

Australia's Warren Yachts is getting into the high-end flybridge speedster scene with its new $16 million, 120-ft. S120. Twin 2400HP MTU 16V2000 M93 Diesel engines propel the Peter Lowe-designed craft to a maximum speed of 26 knots. Her main entertaining area is on the main deck, in the yacht's large and bright deckhouse. A partition separates the guest areas from the state-of-the-art bridge. The partially shaded aft deck features a bar, lounging area and sunpads. Above the deckhouse is a sundeck and the foredeck features a large outdoor seating area as well. The main salon features an open dining room with seating for eight and a large lounging area. The interior has a four cabin layout with accommodation for up to eight guests.

$16.5 Million Warren S120 Sportsyacht from Australia originally appeared on Luxist on Mon, 07 Dec 2009 15:02:00 EST. Please see our terms for use of feeds.

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Sanlorenzo 40 Alloy Aluminum "Gullwing" Superyacht

Jared Paul Stern — Thu, 03 Dec 2009 10:01:00 EST

Filed under: Water

The new $25 million 40 Alloy aluminum superyacht from Italy's Sanlorenzo is a real seagoing supercar. The sleek 131-foot craft has folding gullwing doors like the ones on a Mercedes-Benz SLR McLaren, as well as four folding platforms creating exclusive lateral terraces on the main deck, living area and owner's cabin. It's Sanlorenzo's largest yacht to date as well as their first built in aluminum, which is lighter than fiberglass or steel, meaning even with its considerable size it can still hit 28 knots. A unique upper steering position does away with the conventional open flybridge to create a large sky lounge connecting it a large outdoor lounging area opening astern. The minimalist inside looks like Milan penthouse with walnut, lacquer and leather finishes and a striking steel, leather and glass main staircase. The owner's cabin, occupying the full beam of the yacht, has an en suite Turkish bath and hydro-massager.

[via Duncan Quinn]

Sanlorenzo 40 Alloy Aluminum "Gullwing" Superyacht originally appeared on Luxist on Thu, 03 Dec 2009 10:01:00 EST. Please see our terms for use of feeds.

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$1.5 Monaco Grand Prix Gift Package With Custom Supercar

Jared Paul Stern — Wed, 02 Dec 2009 08:01:00 EST

Filed under: Water, Wheels, Wings, Events, Sports, Holiday Guides, Wealth

Last month we reported that the glossy chronicle of the filthy rich Robb Report is offering the world's most expensive Christmas gift this year - a matching custom private jet and megayacht set costing $500 million. The profligate publication has a few more eye-popping offerings as part of its Ultimate Gift Guide, a seasonal smorgasbord of over-the-top exclusives. Among the most enticing is a $1.5 million Monaco Grand Prix gift package, consisting of the following: a VIP experience at the 2010 Monaco Grand Prix F1 races in May; round-trip private jet travel from North America to Nice, France, and helicopter transfer from Nice to Monte Carlo for a party of four; five nights' accommodation in the top-floor suite at the luxe Monte Carlo Bay Hotel & Resort; privileges aboard a private 170-ft. yacht that will provide a prime vantage of, and tender service to, four days of racing and activities; and last but not least a custom Spyker C8 Aileron Spyder (above) "as a keepsake".

$1.5 Monaco Grand Prix Gift Package With Custom Supercar originally appeared on Luxist on Wed, 02 Dec 2009 08:01:00 EST. Please see our terms for use of feeds.

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First Class: Legendary Ocean Liner Voyages Around the World

Alison Wellner — Fri, 27 Nov 2009 10:02:00 EST

Filed under: Journeys, Water, Books

I sometimes think that the ideas we all have about the "romance" of leisure travel date back to the days when travel wasn't quite so widespread, when it was the exclusive province of the elite. Say, the late 19th or early 20th century. When we're suffused with this nostalgia, we don't think very often of the fact that we would most likely not be elites ourselves, and even if we were, we'd have far less time lord it over everyone since life expectancy was just shy of 50 -- because in all romantic fantasies, the heroes are always wealthy, beautiful and very lucky.

While I'm not sure it's worth trading a few decades of life expectancy for it, it still seems a real shame that it's no longer possible to book first class passage on those amazing ocean vessels that could take you almost anywhere worth going. The era, the experience and the lifestyle is vividly described in a lavishly illustrated new book, First Class: Legendary Ocean Liner Voyages Around the World, published by Vendome Press. It's a book that makes a terrific holiday gift for anyone who loves boats, cruises, history, and it comes in a slipcase meant to resemble a steamer trunk.

Author Gérard Piouffre provides the historical context needed to understand the era of the ocean liner, which stretches from the time steam ships took over from boats that travel under sail and ends in the late 1950s, when air travel surpassed travel by water. The construction of these ships would take a workforce of 10,000 to 15,000, in order to create settings that were almost embarrassingly ostentatious, meant to resemble floating palaces or châteaus. That, of course, was in first class, but second class wasn't too terrible -- less luxurious, but still including "immense drawing rooms, libraries, smoking rooms," write Piouffre. It was meant to resemble an "impressively appointed country house." (Of third class, he says, the look was more dormitory.)

Beyond interior décor, First Class paints a picture of life aboard ship, reproducing menus, activities schedules and impromptu amusements. (On the long and boring trip from San Francisco to Hawaii, a game was organized in which two passengers were blindfolded and armed with rubber truncheons. Liability laws sure have changed.)

The book is organized into the old sea routes -- there's the transatlantic and transpacific crossings, the Mediterranean and the Suez Canal, the South Atlantic and the Caribbean, Routes of Ice and Gold (Alaska, and Iceland/Norway) for instance. Between the photos, drawings, ephemera and quotes from everyone from ordinary passengers to luminaries like Mark Twain, you feel like you're following right along in a great ship's wake. The most hypnotic chapter to me was the one that dealt with the route that went through the Suez Canal to the Far East, starting perhaps in Marseille, and calling on Alexandria, Mumbai, Calcutta, Rangoon, Hanoi, Hong Kong, Shanghai and ultimately Yokohama, Japan. Really, I can't think of a voyage, in any time, that sounds more romantic than that.

Gallery: Images from First Class: Legendary Ocean Liner Voyages Around the World

First Class: Legendary Ocean Liner Voyages Around the World originally appeared on Luxist on Fri, 27 Nov 2009 10:02:00 EST. Please see our terms for use of feeds.

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New Zealand Yachts In Receivership

Deidre Woollard — Tue, 24 Nov 2009 19:04:00 EST

Filed under: Water

Hard times continue to hit the yacht industry. New Zealand Yachts located in Whangarei, New Zealand recently went into receivership. The yacht company came to Whangarei in 2001 and promised to create 1000 jobs. The company did a lot of refits on existing yachts but hadn't ramped up into much production of new yachts. The New Zealand Yachts website includes renderings of many planned yachts including the Wavepiercer shown above.

New Zealand businessman Allen Jones, who had built a large car-washing business in the United States, founded the company, but later returned to the US. HIs son, Damon Jones, was the company's marketing and sales manager. The receiver said the company still operates a first-class refit yard and has the potential to attract yacht work from around the world.

New Zealand Yachts In Receivership originally appeared on Luxist on Tue, 24 Nov 2009 19:04:00 EST. Please see our terms for use of feeds.

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315-ft. Project Orca, Megayacht of the Future

Jared Paul Stern — Fri, 20 Nov 2009 10:01:00 EST

Filed under: Water

We've seen a lot of futuristic superyacht designs that look extremely cool and avant garde, and have no chance at all of ever being built. The 315-ft. Project Orca (above) by UK-based designer Michael Leach is an exception; it's currently under construction at the famed Blohm + Voss shipyard, scheduled for delivery in spring 2010. Leach's 220-ft. Anna for Feadship, one of their largest ever, won a World Superyacht Award for best displacement motor yacht. The Orca features a futuristic exoskeletal curving superstructure, aggressive lines and innovative glazing. Its enormous entertaining and private spaces will feature bespoke furniture from British firm Silverlining, with each piece handmade by a single craftsman and stamped with their signature silver hallmark. Metrica will handle the interior execution, and Cougar Marine will provide two custom limousine tenders stored on the yacht's sports deck.

315-ft. Project Orca, Megayacht of the Future originally appeared on Luxist on Fri, 20 Nov 2009 10:01:00 EST. Please see our terms for use of feeds.

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Robb Report Offers the World's Most Expensive Xmas Gift for $500 Million

Jared Paul Stern — Fri, 20 Nov 2009 09:01:00 EST

Filed under: Water, Wings, Wealth

Looking for a really unforgettable Christmas present for that special someone this year? That glossy chronicle of the filthy rich Robb Report has just the thing - a matching custom private jet and megayacht set costing $500 million. The eye-popping present, the world's most expensive, is part of the profligate publication's Ultimate Gift Guide, a seasonal offering of over-the-top exclusives. The recipient will receive an Airbus A380 (above), the world's largest jumbo jet, and a bespoke megayacht, both customized by renowned designer Patrick Knowles. The interiors will complement each other creating what Knowles calls a "custom personal brand" for the lucky owner. There's one catch - considering the backlog on A380 deliveries and the time required to design and build a custom megayacht, the giftee will have to wait at least six years to get their hands on the toys.

Robb Report Offers the World's Most Expensive Xmas Gift for $500 Million originally appeared on Luxist on Fri, 20 Nov 2009 09:01:00 EST. Please see our terms for use of feeds.

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Oceanco's New 283-ft. Superyacht Features Sushi & Cigar Bars

Jared Paul Stern — Tue, 10 Nov 2009 10:01:00 EST

Filed under: Water

Dutch yachtbuilder Oceanco's newest superyacht creation, dubbed the Y708 and its most advanced and largest ever at 283 ft., will be completed in 2012 at an estimated cost of $150 million. The floating luxury palace, designed by Russian Igor Lobanov in a style calculated to appeal to the oligarch set, features a library, sushi bar and cigar bar among the many luxe amenities on its four decks. Based on three guiding principles - motion, elegance, and privacy - Lobanov used dramatically sculpted surfaces to convey motion, a dynamic silhouette to impart elegance, and a compartmentalized interior layout and hidden crew passages to ensure privacy. The yacht has four guest cabins, two VIP suites and a master suite on its own deck with a salon, study, turbo jet whirlpool and wraparound balconies, while the aft deck features a swimming pool that converts to a helipad. The Y708 will be powered by 2 MTU 20V 4000 M73L diesels, each producing 4,830 hp and enabling her to cruise at a speed of 20 knots.

[via JamesList]

Oceanco's New 283-ft. Superyacht Features Sushi & Cigar Bars originally appeared on Luxist on Tue, 10 Nov 2009 10:01:00 EST. Please see our terms for use of feeds.

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Win A Copy of Outrageous Yachts

Deidre Woollard — Mon, 09 Nov 2009 10:01:00 EST

Filed under: Water, Books

When a book is called Outrageous Yachts it has a lot to live up to. The latest publication from Vendome Press celebrates some of the world's most lavishly decadent floating palaces. The book features luxury yachts that are special for one reason or another, for beauty, speed, technological advancement and more. The book includes the classically extravagant Christina O which was owned by Aristotle Onassis as well as more modern beauties like the Maltese Falcon and the 118 WallyPower. The book profiles 21 yachts in detail with gorgeous color photographs of the exterior and interior of each yacht both close up and from a distance. Outrageous Yachts provides information about the yachts' builders and designers. The book's stunning shots of teak decks and graceful bows slicing through the water bring the world of yachting up close. We are giving away one copy of this book to a reader chosen at random.

Some other important details:

* To enter, leave a confirmed comment below.
* The comment must be left and confirmed before November 13, 2009 at 5:00PM Eastern Time.
* You may only enter once.
* One winner will be selected in a random drawing.
* One winner will receive a copy of Outrageous Yachts valued at $50.
* Open to legal residents of the 50 United States and the District of Columbia.

See complete contest rules here.

This contest is now closed. Thank you for your participation.

Win A Copy of Outrageous Yachts originally appeared on Luxist on Mon, 09 Nov 2009 10:01:00 EST. Please see our terms for use of feeds.

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Sea Ray 540DA Sundancer, Controlled by Joystick

Jared Paul Stern — Sat, 07 Nov 2009 10:01:00 EST

Filed under: Water

Knoxville, Tennessee-based Sea Ray's new $1.6 million 540DA Sundancer features a state-of-the-art joystick-controlled drive system allowing it to turn on a dime and literally maneuver sideways. The 54-ft. yacht has two 600 hp Cummins MerCruiser Diesel motors; the Zeus pod drive system employs propellers that work independently of each other and rotate 360 degrees on their axes to allow feats of steering impossible with traditional propulsion systems. Coupled with a sleek, aggressive exterior and luxe interior he yacht is designed to compete with European models which are usually far more stylish. A GPS-controlled Skyhook system automatically keeps the craft stationary even in strong currents or heavy winds, while both the forward VIP and master staterooms have a queen bed, Bose sound system and full bath; the latter also has a flat-screen TV.

Sea Ray 540DA Sundancer, Controlled by Joystick originally appeared on Luxist on Sat, 07 Nov 2009 10:01:00 EST. Please see our terms for use of feeds.

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Yacht, Mercedes Part Of Failed Bank Auction

Deidre Woollard — Wed, 04 Nov 2009 20:01:00 EST

Filed under: Water, Wheels, Auctions

FDIC auctions of bank assets are generally pretty nondescript offering office chairs, computer equipment, banged-up file cabinets and other office supplies. But the assets of the bankrupt Community Bank of Nevada includes a 41-foot yacht. The 2005 41' Carver Cockpit motor yacht has cherry wood bulkheads and cabinetry, a wet bar with an ice maker on the deck and twin Volvo 375-horsepower gasoline-powered engines. The yacht is currently located in Newport Beach, California and bids are currently over $56,000. The named of the yacht? Happy Ending. Several cars are also part of the bank's assets. Also up for sale are a couple of of 2005 Chrysler PT Cruisers and a 2009 Scion XB decorated with bank decals. There is also a 2007 Mercedes-Benz S550 up for sale. No decals on that one.

[via Las Vegas Review-Journal]

Yacht, Mercedes Part Of Failed Bank Auction originally appeared on Luxist on Wed, 04 Nov 2009 20:01:00 EST. Please see our terms for use of feeds.

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Female UK Hedge Funder Revealed as Buyer of Maltese Falcon

Jared Paul Stern — Sun, 01 Nov 2009 08:01:00 EST

Filed under: Water, Wealth

The mystery buyer of the 289-ft. Maltese Falcon, the world's largest, best designed, and most expensive sailing superyacht, has been revealed as Elena Ambrosiadou, Greek-born founder of hedge fund Ikos Partners. The UK's highest-paid woman and its wealthiest female entrepreneur, Ambrosiadou, pictured above after winning the Perini Navi Cup with her new toy (and collecting the Rolex prize), is said to have paid $120 million for the megayacht. Built by Perini Navi for venture capitalist Tom Perkins in 2006, it remains the ne plus ultra of sailing superyachts, a masterpiece of technology and design, and was recently featured on the cover of Luxury Toys: Top of the World. Her revolutionary sailing system - the DynaRig - set a new milestone in yachting history: three self-standing and rotating masts hosting 15 sails for a total sail area of 25,791 square feet for unrivaled, performance maneuverability and record-shattering speed; she can complete Atlantic crossings in ten days.

[via JamesList]

Gallery: The Maltese Falcon

Female UK Hedge Funder Revealed as Buyer of Maltese Falcon originally appeared on Luxist on Sun, 01 Nov 2009 08:01:00 EST. Please see our terms for use of feeds.

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