Nice boat, but where can I park it?

EVEN superyacht-owners are feeling the pinch. Last year only 173 superyachts (vessels over 30 metres long) slipped into the briny, according to Superyacht Intelligence, a consultancy. That’s 27 fewer than in 2010 and far below the peak in 2008, when 260 floating pleasure palaces hit the waves. The number of vessels on order, too, slipped from 453 in 2011 to 423 this year. But cheer up: their combined length rose from 20km (12 miles) to 23km. The super-duper rich are surprisingly unimaginative when it comes to dreaming up new ways to outdo each other.The biggest yacht ever was launched in 2010. Roman Abramovich, a Russian billionaire, reputedly forked out €500m ($660m) for the 164-metre Eclipse (pictured). It includes such essentials as a mini-submarine, a hair salon and two helipads. (Owning a yacht with only one helipad would be embarrassing—a bit like owning a football club that is only fourth in England’s Premier League.)Quite sensibly, Mr Abramovich has hung on to his other superyachts. On the brokerage market (second-hand...