Launched nearly six years ago, the masterful 289-ft. Maltese Falcon remains Perini Navi’s crowning achievement.

While the yard has constructed many stunning yachts since then, none have approached the Falcon’s impressive length.

Now Perini Navi has signed a contract for a 226-ft. sailing superyacht, that, when completed, will be the second largest PN ever built, Superyacht Times reports.

Abu Dhabi’s ADM Shipyards has just launched the 462.5 ft. megayacht Yas, which now ranks as the world’s 6th largest.

The yacht, whose design was adapted from a UAE Navy frigate, is rumored to have been commissioned by a member of an Arabic royal family.

The vessel features luxurious accommodations for up to 60 guests along with 56 crew and is capable of an impressive 26 knots maximum speed thanks to her military pedigree. Yas’ cruising speed is 20 knots with a transoceanic range.

Princess Yachts International have released their latest yacht, the V-85S sports yacht (measuring 85ft overall).

Ingeniously hidden within the sleek lines of her exterior is a flying bridge with dual helm controls and companion seating.

Complete with refrigeration and a sound system, this is also a relaxed space for daytime entertaining as an alternative to the cockpit and foredeck seating areas.

A campaign, in the London Daily Mail, is afoot to build a new megayacht for the Queen of England and the British Royal Family .

Their previous vessel, the 412 ft. Royal Brittania built in 1953, was retired in 1997.

Codenamed FSP21 (Future Ship Project 21st Century), the 515-ft. vessel would be the third largest in the world, after those of Roman Abramovich and the ruler of Dubai.

Simpson Marine celebrate the end of 2011 with the delivery of 5 Lagoon catamarans and launch parties for their new owners at the Royal Phuket Marina.

A Swan 42 will also be bearing the Simpson Marine colours during the King’s Cup Regatta, the country’s most prominent sailing event to be held in December.

A yacht owners Rendez Vous will take place in the beautiful and pristine Andaman islands on Dec 16 to 17 which will enable Azimut and Lagoon owners to get together.

LVMH Group’s yacht-building firm Princess has announced formal entry into India and is aiming to sell up to five luxury boats in the next year.

Smallest of these yachts cost INR40million ($790,000) while at the higher end, the price can go up to INR300million ($6,000,000).

“We will sell four to five yachts in the next 12 months,” Sharad Kachalia, a director at Navnit Marine, Princess International’s distributor for the country.