Pearl Motor Yachts, one of the UK’s leading luxury yacht builders, has announced a special collaboration with British interior designer Kelly Hoppen MBE.

Kellyis has been brought on board to design the luxury interior of the flagship Pearl 75, which will be launched in early 2012.

Kelly creates stunning interior designs for luxury homes, yachts and private jets for an ever-expanding international high-profile client base.

A Saudi sheikh left Roman Abramovich stranded at sea this week after taking the last megayacht berth at the so-called “Millionaire’s Quay” in Cap d’Antibes.

The Russian oligarch had wanted to moor his massive $800 million, 533-ft. yacht Eclipse, at the famed dock but arrived to find the only available spot had just been snatched by Saudi Arabian royal Prince Aziz al Saud.

According to Dailymail, the last space in Europe’s biggest yachting harbour simply wasn’t big enough for the two superyachts.

Steven Spielberg was recently spotted in St. Barth’s and St. Maarten aboard his new toy, the 86-metre Oceanco superyacht Seven Seas.

Featuring naval architecture by Azure and an interior design scheme by Nuvolari & Lenard, the ship was launched by the Dutch shipbuilder a few months back.

Said to have cost about $200 million, the yacht features an infinity pool with a 15-ft. glass wall that doubles as a movie screen.

LVMH acquired UK-based yacht builder Princess Yachts in 2008 and they are now entering the superyacht sector with the launch of the first of their M class vessels.

The first model in the series, the 32M, was unveiled at the London Boat Show in January 2011. It is also the first craft truly worthy of the world-class LVMH imprimatur.

For the yacht’s debut the company brought in some of its other brands, including Fendi, De Beers and Moet to demonstrate the glamour of the new range.

Teodorín Obiang, the son of Equatorial Guinea’s dictator of 30 years commissioned plans to build a superyacht costing $380 million.

According to Timeslive, it’s nearly three times what the country spends on health and education each year.

German company Kusch Yachts has been asked to build the yacht, housing a cinema, restaurant, bar and swimming pool, though construction has not yet started.

Brazilian yacht maker Intermarine has collaborated with BMW DesignworksUSA to develop an ultra luxury yacht that has been dubbed Intermarine 55.

Intermarine 55 is inspired by modern architecture and automotive surfacing, such as the BMW X6, and is scheduled to go on sale this July.

Highlights of the new yacht include two head compartments along with a master suite having queen sized bed and an enclosed shower.