Superyacht owned by British billionaire John Caudwell docks in Arrecife

The 73-metre superyacht Titania, owned by British billionaire John Caudwell, arrived in Arrecife yesterday.

The vessel moored opposite the Castillo de San José and measures 73 metres in length and 13 metres across its beam.

Built in 2006 by German shipyard Lürssen, Titania was previously known as Apoise. It was designed by renowned yacht designer Espen Øino, while its classic interiors were updated by Zuretti Design.

According to specialist luxury yacht publications, one of its distinctive interior features is a sculpture on the bowsprit inspired by Shakespeare’s The Fairy Queen.

The yacht can accommodate up to 12 guests across seven staterooms, comprising two master suites, one VIP cabin and four double cabins.

As well as being used by Caudwell and his guests, the vessel has previously been available for private charter. Companies specialising in luxury yacht rentals estimate that hiring Titania for a week can cost up to 700,000 euros.

Arrecife’s position attracts luxury yachts

Arrecife’s location in the North Atlantic makes it an important stop for yachts travelling between Europe, Africa and the Caribbean.

Arrecife’s port is the state-run port in the Canary Islands closest to the north-west coast of Africa, while Lanzarote is the Canary Island nearest to the European continent.

The island regularly receives yachts during their autumn and winter Atlantic crossings, when vessels stop in the Canaries before continuing towards the Caribbean. Many then spend several summer months in the Mediterranean.

Arrecife Council, led by mayor Yonathan de León, has stepped up efforts during the current term to promote the port to cruise operators and major yacht charter companies catering to wealthy travellers.