GALLERY: Luxury Yacht Exterior

Between 1997 and 2008, there was a massive growth in the number, size, and popularity of large private luxury yachts in the 24-to-70-metre (79 to 230 ft) size range. Luxury yachts typically have no real home port as such, although a yacht must be registered in a port of the country where its flag state is registered. Popular flag state registrars for large yachts are Cayman Islands, Marshall Islands, Isle of Man, and the British Virgin Islands, among others. (Many times the yacht will have never been to these ports. ) They are particularly bountiful in the Mediterranean Sea in summer and the Caribbean Sea in winter. Some can be chartered (rented) for sums of up to 1 million Euro per week. Yachts will dock in a port of choosing while the crew does maintenance work and waits for owners or guests to arrive. The vessels then will do short cruises with the owners and/or guests aboard. Typical destinations in Spain and the French and Italian Rivieras include Cannes, Antibes, St. Tropez, Monte Carlo, Portofino, Porto Cervo, Puerto Banús, Puerto Portals, and Palma, Majorca, although increasingly luxury yachts are cruising in more remote areas of the world. Antigua is one of the main ports in the Windward Islands of the Caribbean and hosts a Charter Show at the beginning of the winter season.

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