Oceanco is a well known Dutch yachtbuilder and it has recently added another feaher to its superyacht cap. The new vessel in question has a very technical name, read Y708, and is already being touted as one of the most advanced version in the size 283 ft category. This one is still in production and will be ready only by 2012 and will come with a huge price tag of $150 million.
Referred to as a floating palace, this beauty has been designed by Russian Igor Lobanov. The target audience is definitely the oligarch set for who else can afford this mammoth luxury. Among the various amenities, the Y708 yacht features a library, sushi bar and cigar bar that are spread across it four decks along with many others.
Lobanov was guided by motion, elegance and privacy when desiging the superyacht. Perhaps that is why the crew passages are well hidden to ensure privacy. There are four guest cabins, two VIP suites as well as a master suite at your disposal to invite a large group of friends on board. 2 MTU will be powering this vessel, each producing 4,830 hp to allow it a speed of 20 knots.