Mega Yacht A Hamilton. Design by Philippe Starck. | YACHT-TREND

Mega Yacht a

Popular Yachts / September 30, 2015

One of the world's largest private sailing yachts has set sail from the island of Gibraltar

One of Gibraltar's famous Barbary macaques looks on as the ship leaves the island's shores

The sailing ship cut a sleek silhouette as it was pictured leaving the British Overseas Territory

Sailing Yacht A was seized in Gibraltar after shipbuilders Nobiskrug claimed that Andrey Melnichenko owed €9.8 million

Shipbuilders also said he owned €5.5m for subcontractors and interest charges

The impressive sailing ship was released two days later after lawyers thrashed out the dispute

The ship was pictured sailing past Gibraltar's famous Europa Point Lighthouse

The 468ft-long superyacht has three 300ft masts that are taller than Big Ben's tower. It boasts eight floors, a helipad and an underwater observation room.

A spokesman for Sailing Yacht A told MailOnline: 'This unfortunate incident is now resolved.

'The yacht will now be handed over to the owner's project team and will leave Gibraltar shortly.'

Its registered owner is Valla Yachts Ltd, a Bermuda company.

Mr Melnichenko (pictured with wife Aleksandra), who has an estimated net worth of $13.4 billion (£10.8 billion), founded the fertilizer producer EuroChem, the coal producer Suek, and the power generator SGK

The impressive sailing yacht is now en route to Cartagena in Spain

She is due to undergo further sea trials and joinery before being handed over to her new owner

Mr Melnichenko is set to receive his prized possession in the Spring

People gathered to watch the luxury ship set sail from Gibraltar soon after

The sailing ship looked elegant as it was spotted in the seas around Gibraltar

A spokesman described the seizure of the yacht as 'an unfortunate incident'

The 468ft-long superyacht has three 300ft masts that are taller than Big Ben's tower

Mr Melnichenko hit the headlines in September when he moored his other £240 million masterpiece, 'Motor Yacht A', on the Thames.

The boat's internal fit-out was set to continue at another shipyard before being handed over to Mr Melnichenko in late Spring.

As the boat made its way to Spain earlier this month, Mr Melnichenko's Project Director, Dirk Kloosterman said: 'This has been the most challenging assignment of my career. I am confident Sailing Yacht A will be the world's greatest yacht in terms of design and technology for the years ahead.

The images show a group of people on board the sailing yacht as it made its way out of the Port at Gibraltar

Melnichenko, who has an estimated net worth of $13.4 billion (£10.8 billion), is said to favour using the letter 'A' so that his vessels are listed first in shipping registers

Sailing Yacht A boasts eight floors - with a helipad on one of the decks - and an underwater observation room

'Her beauty is breathtaking, and Philippe Starck's astonishing design and ultimate vision will be the subject of many conversations wherever she travels around the globe.

Melnichenko, who has an estimated net worth of $13.4 billion (£10.8 billion), is said to favour using the letter 'A' so that his vessels are listed first in shipping registers.

Source: www.dailymail.co.uk