Malta’s Grand Harbour welcomed an impressive visitor this week with the arrival of M/Y Gigia, an 85-metre superyacht – roughly equivalent to a 28-storey building laid on its side, just four floors away from Mercury Tower in St Julian’s, Malta’s tallest building.
Currently available for charter in the Mediterranean at a starting rate of €1 million per week plus expenses, the vessel, built by German shipyard Lürssen in 2017, is also on the market with an asking price of €169 million, according to Luxen Yachts.
With accommodation across nine guest cabins, Gigia offers amenities more often associated with luxury resorts than a vessel at sea. Features include:
The yacht’s arrival underscores Malta’s growing importance as a hub for superyachts in the Mediterranean. With its deep-water harbours and central location between Europe and North Africa, the island has become a regular stop for some of the world’s largest and most valuable vessels.
Such visits bring notable economic impact. Charter provisioning, refuelling, crew services and leisure spending ripple into the local economy.
While few will step aboard, Gigia’s presence offers a rare look into the upper tier of maritime luxury.
Featured Images: burgessyachts.com
CEO Orkhan Rustamov discusses how Alkagesta is transforming Malta from a regional bunkering stop into a global hub for energy ...
How does a leader ensure their team remains aligned, motivated, and bought into key decisions when face-to-face interaction is rare?
'We are incredibly proud of what we’ve achieved in our first year.'
‘We strive to create an atmosphere where teams feel valued, milestones are celebrated and memories are made,’ says General Manager ...