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

Mon 23 Sep 13 9

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

Venus (click to zoom)

Council agree on plan change so boat base can go ahead

Thu 2 Jul 09 2

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However, this appeal has now been withdrawn following and agreement being reached.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

Tue 30 Jun 09 8

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.

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