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A traditional yacht won’t do anymore. Now you need one that can dive deep underwater. Migaloo is now taking orders for a luxury submersible superyacht called the M5 that most multi-billionaires can only dream of owning. The company is asking 10 figures for the seacraft limiting its clientele to the richest of the rich.

The 26.8-metre Azimut yacht Lulwa has been sold with Alain Auvare at Fraser representing the seller and Onur Erardag of Nautique Yachting representing the buyer. Delivered in 2020, Lulwa is one of Azimut's popular Grande 27M range with an exterior design courtesy of Stefano Righini and an interior by Salvagni Architetti. The GRP yacht features a tri-deck design, a five-cabin layout and a generous beam measuring 6.6 metres.

In the aftermath of the OT-60's triumph at the European Powerboat Awards, Omikron Yachts is steering towards a new horizon with the announcement of their flagship OT-80. The pioneering OT-60 secured the esteemed Long Range Yacht category at the awards, excelling in comfort, efficient drive systems, safety at sea, and low fuel consumption. Riding high on this success, Omikron Yachts, under the shipbuilding brand of Olympic Marine, is all set to embark on a new journey with the 80-foot Eco Cruiser, slated for a 2025 launch.

Pershing‘s family of boats just got a little sportier. The Italian yard, which is helmed by the Ferretti Group, just unveiled the second model in its GTX range. As with the flagship GTX116 that debuted last spring, the new GTX80 is designed to deliver performance, speed, and maximum onboard livability.

A €1,000,000 price drop has been announced on the 41-metre fast sloop Destination, listed for sale with Northrop & Johnson's Ann Avery. Designed by Ed Dubois and built by Alloy Yachts in New Zealand, she was delivered in 2001 to MCA compliance. Her 20-year ABS survey was completed in 2021 following a major $4 million refit in 2020.