A 2022 report published by Allied Market Research projected the luxury yacht industry to have an 8% compound annual growth rate from 2022 to 2031, peaking at an estimated value of $12.8 billion.

Max Verstappen and Kelly Piquet's new luxury yacht was delivered in Viareggio, Italy. Yesterday, it was revealed that the now four-time world champion treated himself to a 33-metre yacht. Here what ...

Someone bought this classic Westport at the height of the pandemic and sold it more than four years later almost at the same ...

This 40-year-old rugged yacht with incredible autonomy was designed by the legendary Hargrave and built in Japan for a famous ...

A double occasion was celebrated at the Chantiers de l’Atlantique shipyard in Saint Nazaire, France on Thursday this week with the keel laying of Orient Express‘ first luxury yacht OE Corinthian, and ...

PHUKET, Thailand -- After growing his family's extensive pearl farming business, Phuket entrepreneur Amorn Intorncharoen decided his next venture would be to build a luxury yacht on Thailand's ...

ANC national executive committee (NEC) member Donald Selamolela has defended secretary-general Fikile Mbalula’s use of a luxury yacht to arrive at Robben Island for the ANC’s 113th birthday ...

A major shift in luxury yachting is underway. Billionaire yacht owners are now looking at nuclear propulsion as a solution to growing concerns over the environmental impact of their vessels.

The name ‘Koru,’ inspired by the Māori word for ‘loop’ or ‘coil,’ is symbolic of a new beginning — quite aptly so for this vessel that has revolutionised luxury sailing. The yacht ...

The yacht belongs to Fernando Acafrao, a businessman and reportedly, Mbalula's friend. Acafrao allegedly has lucrative multimillion-rand contracts with numerous government entities, according to ...