The Aviation and Superyacht division of Pure-Sang, in cooperation with Glass-Deco International, introduced its latest luxury vehicle.

“The Beluga: Emperor of the Seven Seas” earned the title of “Best New Super Yacht Concept” at last month’s Monaco boat show 2010.

The Beluga’s transparancy creates an exeptional loft-feeling, with all the luxury of a hotel. The routing in the boat tooks is inspiration from the fairytales of Moby- Dick & Pinochio.

They already drive flashy cars, wear expensive watches and eat at top-end restaurants. Now rich Chinese businessmen have found a new way to flaunt their wealth – luxury boats.

“They want to go out on the ocean and have fun — and take VIP clients to fish and negotiate deals,” said Zheng Weihang, secretary general of the China Cruise and Yacht Industry Association.

With the second-largest number of dollar billionaires in the world after the United States, according to Forbes magazine, China is drawing eager foreign marina developers and boatmakers to its shores to tap the fast-growing market.

China currently has around 1,000 luxury powerboats and yachts moored around the country, and the number is expected to balloon to more than 10,000 over the next five years, Zheng told AFP.

UK-based design consultancy Claydon Reeves has unveiled an 80m superyacht christened ‘Remora’ at the 2010 Monaco Yacht Show.

The sleek craft is characterized by a narrow plumb bow, highly resolved, dynamic, taut surfaces and concave glass angling to its tapering stern.

The elaborate structure of the sundeck is a nod to Spanish Modernisme architect Antonio Gaudi and an indication of Claydon Reeves’ aesthetic ambitions.

Heesen Yachts announced the sale of a new, revolutionary 65-metre all-aluminium motor yacht based on the Fast Displacement Hull Form (FDHF).

Developed by Dutch naval architects Van Oossanen & Associates, the Heesen 6500 FDHF is an innovative concept that increases the overall performance of the yacht.

Tank tests have shown that in comparison with traditional hard chine and round bilge hulls, FDHF improves the efficiency of the vessel by around 30%.

The team of Blohm + Voss is developing the B+V 111 MY/ Vintage, which at 111 metres (364’) will qualify as one of the 20 largest yachts in the world.

The project is a nod to Blohm + Voss’s 130 year history and draws from their renowned archives.

B+V 111 MY/ Vintage links classical hull lines of yachts of the 1930’s, funnels and all, with state of the art equipment and manufacturing techniques.

Luxury yachts that whisk their millionaire owners or charter guests to the world’s top beauty spots, guzzling gallons of fuel on the way, have long scraped the bottom of the green league tables.

But as superyachts converged on the Riviera for this year’s 20th Monaco Yacht Show, a small but determined minority were flying the green flag as the ever expanding fleet of mega yachts seeks to reduce its carbon footprint.

Paolo Moretti, who heads the yachting division of Italy’s ship certification body RINA, told AFP interest in environmental topics has spiked in the yachting sector over the last five years.

“Luxury yachts have big budgets but owners now not only want to excel in terms of comfort and luxury but also in environmental sustainability,” he said.