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superyacht

Russian billionaire's $363 million superyacht docks in Auckland (PHOTOS, VIDEO)

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The "most loved and loathed ship on the sea", with a military submarine theme courtesy, Philippe Starck, arrives for an indeterminant stay.

Steve Jobs' superyacht unveiled (PHOTOS, VIDEOS)

Venus (click to zoom)

Top-100 superyacht arrives for makeover

Graeme Hart buys his own street

GRAEME HART: Adding two properties to his portfolio

Council agree on plan change so boat base can go ahead

The Hobsonville superyacht development has got another green light after Waitakere and North Shore City Council resolved planning issues relating to the development.

The North Shore City Council had appealed Waitakere City's decision on Proposed Plan Change 13, which allowed for the development of the boat building base, at the Environment Court.

However, this appeal has now been withdrawn following and agreement being reached.

Another superyacht company sinks

Another superyacht company has gone into liquidation as slow conditions affect business.

The shareholders of VaudreyMiller Yachts voted to put the company into liquidation following advice from their accountant that it was insolvent.

The company’s first liquidation report indicates that VaudreyMiller Yachts owes shareholders $2.9million, while the liquidator John Buchanan estimates the company has around $200,000 in assets.

Inland Revenue is the company’s biggest creditor – the department is owed $642,000.