A spate of new orders has recently been made known in the run-up to the Monaco Yacht Show. The biggest of these is Project Palo Alto, a new 112m (368ft) Andrew Winch-designed superyacht to be built by Lürssen for completion in the spring of 2018.

According to Moran Yacht & Ship, which is managing the build, “the buyer has a long history of chartering some of the world’s largest and highest quality charter yachts.”

Features of the yacht include a 12m (39.4ft) swimming pool, a large private owner’s deck, two helipads and 11 other staterooms for up to 22 guests.

Elsewhere, Mondo Marine has signed its fourth order for one of its 50m (164ft) yachts due for completion in 2016. This is the company’s third order this year. The exterior of the yacht was designed by Hot Lab Studio & Design, while Mondo Marine Engineering was responsible for the technical and structural design.

The new yacht will be ABS classed and she will be built in aluminium and be under 500 gross tonnes.

A very useful and needed order has also been secured by Yachting Developments Ltd in Auckland, New Zealand for a 33.5m (110ft) performance ocean cruising sloop.

After launching the 30.5m (100ft) Quintessential in 2012, YD diversified to offer its composite expertise over a wider sector, keeping busy with a wide variety of refit, restoration and commercial and architecture component work. This diversification has paid off, allowing the yard to maintain its core skilled staff and remain competitive in the global superyacht industry.