Posted: July 9, 2013 | By: Robert Frank [CNBC]
Building the largest superyacht in the world apparently wasn't enough for the owner of Azzam. They also wanted the fastest.
Yachting executives say that Azzam, the largest yacht in the world at 590 feet, recently went through its first set of sea trials in the North Sea. The boat hit a staggering 31.5 knots—or about 37 miles per hour. At that speed it's believed to be the fastest yacht longer than 300 feet.
Click here to read more.