Mega Yacht Definition. In 2005 651 giga and mega yachts were under private yacht construction up from 507 in 2004 and 482 in 2003 a nearly 1 billion. Almost all the flag administrations have adopted safety codes dedicated to large yachts and this is therefore the only definition having a universal meaning in the international regulatory framework of yachts.
Northrop Johnson is proud to offer an extensive and all-encompassing selection of superyachts available for sale on the global market. Yachts are usually used for recreation and they are designed to be luxurious. A superyacht or megayacht is a large luxurious professionally crewed motor or sailing.
In 2005 651 giga and mega yachts were under private yacht construction up from 507 in 2004 and 482 in 2003 a nearly 1 billion.
A yacht is technically a boat because it is a vessel that floats on the water. 2007 February 23 Nick Kaye One Thousand Ocean and the Club at Black Rock in New York Times. A superyacht or megayacht is a large luxurious professionally crewed motor or sailing. Although smaller Tri-Decks exist like the 80 Lazzara above the term is typically seen used in yachts in excess of 120 feet.
