The 118 WallyPower is one of the most eye-catching yachts in today’s luxury boating market, created by the Monaco-based Wally Yachts. It is narrow and angular in design with black glass housing.

It is 118 feet long and is capable of reaching speeds as fast as 60 knots (70 mph, 110 km/h).

It is capable of this feat due to three Vericor TF50 gas turbines generating 16,800 hp. The three gas turbines each drive a Rolls-Royce Kamewa water jet, two steerable outboard and a non-steering booster on centerline.

Prince Albert II, the ruler of Monaco, recently christened a new cruise ship named after himself, which will be the newest addition to the Silversea line and said to be the most luxurious expedition ship ever to sail.

A gutted expedition ship now completely redecorated and outfitted to suit the most wealthy of customers it is ready for the most rugged of adventures with the most luxurious of accommodations.

The 132-passenger Prince Albert II, which formerly sailed as the World Discoverer before Silversea bought it in September, sets sail on June 12 from London on an inaugural season of 10- to 22-day adventure cruises focusing on the polar regions.

The first 54-meter mega yacht by AMY, the joint venture founded in October 2005 by Cantieri Navali Lavagna and T.Mariotti/Genova with a view to building Admiral branded displacement yachts, will be launched next July.

A grand party will celebrate this event, an important achievement for AMY: the advancement from spectators in the world of mega-yachts to significant players of such ever-growing industry.

Designed by Luca Dini and planned by AMY, the Admiral flagship enters the international stage as a truly unique vessel. Since the very first stages of design and construction of its steel hull and light alloy superstructure new construction criteria, typical in ship construction yet innovative in yacht building, have been adopted: the results are excellent.

World renowned luxury yacht agents Fraser Yachts recently added the wonderful 46m (151′) S/Y Lulworth for sale. Built in 1920 but wonderfully restored in 2006 to her former glory, S/Y Lulworth is available for sale with an asking price of Euro 14,950,000 through Richard Earp of Fraser Yachts, Monaco.

Larry Ellison (the founder of Oracle) has a “yacht” so big that he has to dock it where they dock the big ocean liners.

He can no longer cruise into the Harbor at Cannes or Monte Carlo – he’s off in the area where the freighters and tankers are.

To cope with this issue, the people who own these huge yachts, often have a separate yacht they use to get into smaller harbors. They also have helipads as well as other vehicles to use when they are on shore.

Monaco-based Wally Yachts has designed the ultimate in luxury yachts; the WallyIsland a 99 meter (325 feet) “gigayacht”. This super cool waterbaby can be fitted with pools, tennis courts, mini soccer fields, or the gardens and have space to house 40 crew members and 24 guests. A helipad and two 45-foot speedboats are deployed at the back.

Via newlaunches