We regularly feature the latest superyachts on Gizmag because they offer a mixture of breathtaking design and cutting edge technology in a rarefied arena where price is seemingly no object. The resulting floating marvels often seem more like works of art than mere ocean-going transportation. An incredible 262 superyachts worth US$3.5 billion sold last year (including one that went for $300 million!) so it's no wonder that some of the world's wealthiest glitterati flocked to Istanbul earlier this month to take part in what is essentially the Oscars of the luxury boating scene - the World Superyacht Awards.
Read the full article: 2012 World Superyacht Awards showcase the cream of luxury boating