This amazing look machine is the Code X Yacht, an ultra performance hybrid sports boat built by Code-X in Meggen on Lake Lucerne in Switzerland.

She’s powered by a pair of Ilmor Marine 710 horsepower V10 Formula 1 engines that push along at 90 knots (167 km/h).

For less frenetic, more environmentally conscious cruising, the owner can choose, via a touch-pad screen, to rely either solely or partly on a bank of photovoltaic modules supplying electric motors and/or lithium batteries.

Alastair Callender took luxury yachting to all new highs with his recent project, the “Soliloquy,” which is not only a luxury yacht, but also an eco-friendly one.

It is run by wind, solar and Hybrid Marine Power technology.

“The use of renewable and hybrid-electric energy will bring zero-emission capabilities and result in greater savings in fuel costs”.

The best designed and most expensive sailing yacht, the famous Maltese Falcon has been listed for sale via luxury marketplace JamesList for $130 million.

Maltese Falcon was launched in 2006 by Perini Navi Istanbul and has won many prizes since, including four Showboats International Awards and three World Superyacht Awards.

It is the largest privately-owned sailing yachts in the world at 88 meters (289.1 feet).

The latest offering from the house of Ferretti Custom Line is the luxurious 124’ superyacht, which marks the launch of a wave of renewal in the yard’s history.

The Custom Line 124′ is a tri-deck yacht which can sleep ten guests in four spacious cabins plus a large owners suite as well as space for up to six crew members.

The yacht features a large balcony on the upper deck directly overlooking the sea and a sun pad in the aft as well as special anti-rolling gyros making it a very smooth ride.

Luxury yachts and boats are moored in the port of Cannes. The 62nd Cannes Film Festival runs from May 13-24. Reuters

Russian billionaire Roman Abramovich lost one of the yachts in a game of poker, Russian newspapers reported on Monday, prompting a strong denial from the oligarch.

“The story is absolutely, completely, entirely false,” Abramovich spokesman John Mann told AFP after three Russian daily newspapers published versions of the story that originated in the Italian press.

The popular daily Moskovsky Komsomelets said the oligarch lost the $500,000 yacht while playing poker in Barcelona, which he was visiting to watch Chelsea in action.