Arab owned vessel has taken its place in the super-yacht top tenA new luxury super-yacht is to be based in Palma with her Arab owners buying a complete quay at the Club de Mar. The Al Mirqab is expected to arrive in Palma from Holland, where she has been built, towards the end of this month. The 95-metre yacht is longer than fellow Club de Mar resident the Lady Moura and probably cost more than her 350 million (U.S.) dollar price tag. Despite her size and tonnage (2'500 tonnes, more than a World War 2 destroyer) she can still reach a top speed of 26 knots. The Al Mirqab will take her place among the top 10 yachts in the world. It is quite a coup for Palma to attract a yacht of this size and nature, confirming the island's position as one of the places for top super-yachts. Majorca is rapidly gaining ground on the South of France, once the undisputed king of luxury cruising. Local yacht brokers say that the South of France is too crowded and has become rather tacky. Majorca's nautical industry contributes thousands of millions to the local economy every year.
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