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.

Russian President Dmitry Medvedev has purchased a 53m superyacht valued at approximately $42 million as a venue to host world leaders in the 2014 Winter Olympics in Sochi.

The Kremlin bought the boat last year, the Guardian reports. The explorer type superyacht, which is presently called Leo Fun, will be renamed as yacht Sirius.

The yacht was built by Proteksan-Turquoise and Turquoise Yacht Construction for an Italian businessman and launched back in 2009.

Italian superyacht builder Pershing has launched a new hull in its flagship 115’ range with all the bells and whistles plus a gut-busting engine upgrade.

Fitted with twin diesel MTUs delivering a total of 7,400 hp together with the applied thrust of the two Kamewa Rolls-Royce water-jet propellers, the standard model has an impressive maximum velocity of about 38 knots.

The new 115’ features an additional Vericor TF50 gas turbine, typically used in the aeronautical sector, with a central water-jet propeller producing an additional 5,100 hp, for a total top speed of 52 knots.

Michael White of the Ocean Independence has listed the 70 metre Reverie for sale with an asking price of $75,000,000.

Massive volume and interior space, as well as huge deck areas set her apart. The luxury superyacht has been meticulously maintained and sensibly upgraded.

The magnificent Reverie has very versatile accommodation for between 18 and 24 guests in 8 cabins with a further two staff or guest cabins.

Google’s billionaire cofounder Larry Page just bought a $45 million superyacht called Senses from a New Zealand business man named Sir Douglas Myers.

The stylish 194-ft. expedition superyacht was designed by Kusch Yachts and built back in 1999 at Germany’s Schweers yard with a refit in 2010.

The superyacht features interiors by design genius Philippe Starck with accommodation for 10 guests and 14 crew over six decks.

After a year-long delay, Russian oligarch Roman Abramovich finally took delivery of the world’s largest and most expensive yacht, the Eclipse.

The “gigayacht” measures anywhere from 533 ft. to 557 ft. (depending on reports), and is the world’s largest privately owned yacht.

The cost of the behemoth has also been variously reported as $500 million – $1 billion. It is the world’s most expensive private yacht either.