But what truly set this yacht purchase apart — what AutoEvolution called "the craziest part" — is that the owner never intended to use it. That is, he didn't plan on using it personally ...

Yacht insurance is an essential consideration for anyone who owns or is planning to purchase a yacht. Given the significant investment involved, yacht insurance protects the owner against a range ...

It was then that Ferretti turned to 6-year-old Yachts for Science, a matchmaking service linking wealthy boat owners with cash-strapped researchers. Soon, an owner of a private yacht offered to help.

A case in point: About a year ago, Loren Simkowitz noticed increasing numbers of wealthy yacht owners were calling to see if he could sell half their boat. The requests themselves weren't unusual ...

"Owners are not naval architects," he said. "They don't understand the issues involved, and trying to explain to them may or may not work, but there are compromises being made all the time." Yacht ...

We don’t want to take the wind out of your sails, so to speak, but even a mountain of money won't necessarily have you swimming with the truly wealthy yacht owners. For example, Tiger Woods ...

That was the original owner's specific request, along with the desire to make this yacht so easily maneuverable that he could travel solo with no problem if he chose to. This unusual layout gave ...

Last September, police arrested a retired surgeon on his yacht in Nantucket Harbor after finding suspected cocaine and a gun onboard. Scott Burke, 70, pleaded guilty this week to charges of ...