I've been hearing whisperings about this one for months but Italian yacht maker Ferretti is set to show of the the Mochi Craft Long Range 23, a yacht they say is the first hybrid yacht over 20 feet long that produces negligible tailpipe emissions. The yacht is a 75-foot tri-deck that has a a hybrid propulsion system. When running on diesel and cruising at eight knots, it emits 10 kilograms of carbon dioxide for each nautical mile. And the engine charges a battery pack that can also power the boat. In this diesel-electric mode, it emits less than half a kilogram each nautical mile.The NY Times reports that the yacht will cost around three million euros. The boat is being displayed at the Genoa International Boat Show, October 4-12. More pictures can be found at a listing for the boat on The Yacht Market.

Future yacht owners take note, naming your new toy some sort of victorious slogan might be a dangerous form of hubris. We saw it first with John Devaney and his yacht Positive Carry which was listed for sale a few months ago as the mortgage market started to show weakness. Now we are seeing it again with We Won, a 2002 94-foot Ferretti yacht owned by Bill Lilly, a.k.a "The Condo King." Lilly, who was once Massachusetts' largest condominium developer before he spent 5 1/2 years in prison after he was convicted of bank fraud in New England's real estate crash of the early 1990s, turned it all back around by investing heavily in the Florida real estate market. The Boston Globe reports that Lilly was living large in Boca Raton, Florida just a couple of years ago. Now in a glutted real estate market, Lilly and Valerie Kaan who control Bay Communities Real Estate, have given five condo projects totaling nearly 1,200 units back to the lender and Lilly put his yacht on the market at the Fort Lauderdale Boat Show. We Won is listed at $6 million. The charter brochure for the yacht reveals that she has a crew of four and can accommodate nine guests in four cabins. The yacht has rented for as much as $44,500 a week. Lilly insists he will be back again and sees the sagging real estate market as an opportunity to reinvest.

A luxury yacht that you can't get seasick on? That's the promise of the Ferretti 630. The Times Online reports on the yacht which uses a stabilizer system called Anti Rolling Gyro (ARG) to stop side-to-side motion. Here's how it works: there is a 154lb steel and aluminum gyroscope in the bottom of the hull with an electric motor, when the sea gets rough and the boat get tilty, the gyroscope spins against the lean and helps keep the boat on an even keel. The stabilizer not only has the benefit of keeping your guests from getting nauseous, it also can help objects stay put rather than pitching and rolling with the boat. The three-cabin yacht has other lovely details like a massage lounge in the owner's cabin and a padded sun lounge on the flybridge. The Ferretti 630 sells for around l £1.57 million and is currently on display at the Southampton boat show.

Normally, I'm a bit wary of Italian design in yachts. But lately, I've been very impressed with what's been coming out of Italian yards. Among those is the Feretti 731. At 73 feet, the yacht is good for weekend or short jaunts around the Caribbean. As I have spoken before, I feel that small yacht makers need to improve their interiors and this yacht does just that. From the bi-level salon with dining area to the massive windows in the master stateroom, this yacht definitely takes design to new levels. 4 en-suite staterooms bring the total capacity to 8. Details abound like the kitchen being separated from the salon to the ocean-view glass shower in the master stateroom.