Yacht auctioned for €34.75 million
One of the most expensive yacht auctions recorded was the sale of the 72 metre LürssenApoise. In 2010, the yacht was sold for €34.75 million during an auction in Grand Cayman, with the winning bid coming from a telephone call. Apoise, now re-named Titania, had been launched by the German superyacht builder just four short years before in 2006. Yacht broker Ken Denison of Denison & Daves had attended the auction and told Boat International at the time, "I'm not sure, in this case, if the auction process worked in the boat's favour."