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Monday, November 24, 2008

Setting course for luxury

They are the flagships of an ambitious project to position Abu Dhabi as the Monaco of the Middle East: a pair of retired frigates being transformed into a new class of personal yacht so extraordinary that the prefixes “super” and “mega” no longer suffice.

Meet the gigayachts.
Until now, the traditional centres for the building of luxury yachts have been in Europe, while the cruising grounds of the mega-wealthy have been the Mediterranean and the Caribbean.

Now Abu Dhabi has announced its intention not only to compete for a place at the top table of superyacht builders but also, by marketing itself as a year-round base for the maintenance, crewing and berthing of the world’s largest yachts, to create a new cruising destination.

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