Pelorus is the world’s eleventh largest private yacht at 377 feet 3 inches (115 metres) in length, with a price tag of $130 million. She was built at the Lürssen yard in Germany to the design of Tim Heywood and was launched in 2003.She was briefly owned by a Miles businessman who sold her to Russian billionaire Roman Abramovich the following year. Abramovich is a Russian Jewish oil billionaire and the main owner of private investment company Millhouse Capital, referred to as one of the Russian oligarchs. According to Forbes …

Unlike the conventional interior designs, there are points to consider when designing yacht interiors. Foremost, yacht interiors have to contend with living at sea. For that matter, yacht interiors must be made of the most durable materials to withstand ultraviolet rays, constant moisture, and salt for an extended period at least, if not for a lifetime.These are among the challenges in choosing the fixtures and materials to use in the interiors of a sea vessel. However, another point to consider when designing yacht interiors is to have it provide the …

This post is unlike the regular ones that you generally see on our blog. When you think of yachts you tend to think of beautiful pictures of yachts and their proud owners. Here is a different story. Even before the yacht has been launched the ‘Sigma’ has already earned the title of “The Ugliest Yacht” according to this blog. The Sigma has been designed by the legendary Philippe Starck, not a yachtsman but surely a fantastic designer.
The owner’s name has been kept confidential without any possible trace. Although there are …

Wally Yachts is a maritime design and manufacture company based in Monte Carlo, Monaco. Founded by wealthy Italian businessman Luca Bassani in 1994, Wally Yachts hit the ultimate in terms of futuristic and functional design!PingMag chatted with Wally founder Luca Bassani about the ultimate luxury plaything.Here are a few interesting questions:

PingMag: I read that your father bought you your first boat when you were ten.L.Bassani : “My father was passionate about sailing: He believed that that was a very healthy activity, physically and mentally. He was convinced that bringing …

Luxury yachts are continually adding to their toy boxes—and to the definition of “yacht toys” itself. A good setup for playing aboard meant a plastic kayak, wooden water skis, and a waterproof deck of cards. Nowadays, yacht toys can be anything from a seaplane to a technical setup (movie theatre, library, health club, spa, salon, swimming pool, Jacuzzi and a massage parlor) that enhances your fun – day and night.

Private helicopters, multi-million dollar yachts or ultra fast speedboats are not enough for the affluent. Ultra wealthy have found a new …