Italian shipyard Sanlorenzo has said it has delivered a 40-metre aluminium superyacht to Sheikh Mohammed bin Rashid Al Maktoum, the ruler of Dubai.
The 40Alloy model was showcased during the recent Dubai International Boat Show 2013, and has now been officially delivered to Sheikh Mohammed, also the UAE's prime minister and vice president.
He already owns the second longest yacht in the world with his 162-metre "Dubai" superyacht, two metres shorter than "Eclipse", owned by Russian billionaire Roman Abramovich.
The building of the new vessel took about a year to complete, according to reports.
The yacht’s most distinctive feature is its four terraces, while her interior boasts a combination of exclusive woods such as olive ash for the furniture and burned oak for the floors, yacht magazines reported.
Two dining tables are located on the upper deck which can host up to 12 guests. On the lower deck, two double and two triple cabins can accommodate up to 10 guests, as well as six crew and a captain.
The yacht’s maximum speed is reportedly 28 knots and the cruising speed approximately 25 knots.
Founded over 50 years ago, Sanlorenzo has grown to become one of the world’s most highly regarded builders of luxury yachts.
Last year, it was reported that Arab owners own seven of the biggest superyachts in the world.
As well as Sheikh Mohammed, the top 10 included the Sultan of Oman with his 155-metre “Al Said” and the Saudi royal family yacht “Prince Abdulaziz” which measures 147 metres.
The Abu Dhabi owned “Yas” (141 metres), the “Al Salamah” (139 metres), owned by the Crown Prince of Saudi Arabia and The Emir of Qatar’s 133-metre yacht “Al Mirqab” were also in the list compiled by superyacht.com.