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World's Largest Yacht Embarks On Maiden Voyage

by Ulrika Lomas, Tax-News.com, Brussels

28 September 2009


The world’s largest private yacht arrived in the Kattegat Sea near Denmark on the weekend of September 19, on a test run before owner, tycoon Roman Abramovich, receives the boat from superyacht manufacturer, Blohm and Voss Shipyards, in early 2010.

Whilst the exact dimensions are unknown due to confidentiality clauses with the shipbuilder, it is estimated that the vessel spans 557ft (170m), surpassing the length of current record holder 'Dubai' by an extra 40ft. Dubai, commissioned by the Emir of Dubai, Sheikh Mohammed bin Rashid al-Maktoum, and launched in 2006, measures a lesser 531ft, and is thought to have cost over USD300m.

Undeterred by multi-billion pound losses as a result of the economic crisis, the Russian billionaire who owns Chelsea Football Club is thought to have shelled out around GBP725m (USD1.16bn) - double initial estimates - for the ‘Eclipse’, which rightfully claims its name, overshadowing even super yachts, if not blocking out the sun.

The boat is equipped with two swimming pools, two helipads and even a missile defence system and mini 'escape' submarine. Shipbuilders Blohm and Voss Shipyards however didn’t stop there; the vessel is equipped with the height of privacy technology with a 'laser shield', which reportedly targets sources of electronic light such as that produced by digital cameras with its own bright light with the aim of ruining paparazzi pictures.


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