After four thrilling days of exclusive parties, glamourous entertainment and intense networking, the Hainan Rendez-Vous 2011 ended last Monday leaving no doubt about its status as the region’s leading yacht show.

The superyacht show, which also incorporates a business jet exhibit and displays of luxury properties and high-end brands, once again drew crowds of China’s most affluent individuals to Sanya city in the ‘Chinese Riviera’ of Hainan Island.

This year’s edition had twice as many exhibitors as last year’s Hainan Rendez-Vous, and generated several billion RMB worth of transactions.

The 73.5-metre Silver Zwei, the world’s fastest long-range superyacht built by Hanseatic Marine, has been listed for sale via Burgess for €59 million.

Krass actually established Hanseatic in Australia specifically to build the sleek yacht to his exacting specifications.

Silver Zwei claims to be the fastest long distance cruising yacht in the world with trans-Atlantic range at 22 knots.

Turkey-based Dream Ship Victory (DSV) has signed a contract to begin new 141-meter sailing superyacht, destined to become the world’s largest.

Now a construction schedule is slated to begin this summer with a five-year build plan, making for a launch date of 2016.

Naval architects Dykstra & Partners and Ken Freivokh Design collaborated with DSV’s Valeriy Stepanenko on the Art Deco-inspired all-wood yacht.

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.