Tags: largest | yacht | Germany | construction

World’s Biggest Yacht Under Construction in Germany

Saturday, 28 Jul 2012 10:03 PM

By Patrick Hobin

The world's largest yacht is under construction at a shipyard in Germany, with the final product —its owner still a secret — set to reach six stories and stretch the length of one-and-a half football fields, plus a basketball court.

An unidentified Middle-Eastern billionaire is building the 590-foot ship called Azzam, eclipsing the 546-foot Eclipse, owned by Russian billionaire Roman Abramovich, CNBC reports.

Azzam, which is being built the German company Lurssen at its shipyard in Bremen,  is expected to cost more than $500 million and is scheduled to be delivered in 2013.

The vessel will be powered by four giant water jets that will be able to push the ship to speeds of more than 27 to 28 knots.

Industry executives say the owner is a member of one of the royal families in the Middle East, CNBC reported. The Azzam, which means “determination” in Arabic, will be a showcase for the Middle East, which is striving to become a global yachting center.

 


© 2015 Newsmax. All rights reserved.

Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Bill Gates: We Should Worry About 'Artificial Intelligence'

Thursday, 29 Jan 2015 17:29 PM

Computer mogul and philanthropist Bill Gates has joined fellow "brainiacs" Stephen Hawking and Tesla Motors Founder Elon . . .

Obama Proposal on Internet Privacy Faces GOP Opposition

Thursday, 29 Jan 2015 16:16 PM

A White House proposal aimed at overhauling what Internet companies like Google and Facebook should do with consumer dat . . .

Study: Chances of Dying in a Car Crash Plunged Over 3 Years

Thursday, 29 Jan 2015 10:08 AM

Safety researchers say the chances of dying in a crash in a late-model car or light truck fell by more than a third over . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved