The 59 metre Altair III was built by the Dutch Superyacht builder Amels in 1974 as a pilot vessel. It wasn't until 1996 that she was transformed into a luxury superyacht, by the Australian shipyard Oceanfast. Her exterior, and interior, were redesigned by the famous Jon Bannenberg. She had another major refit in 2003 at Arredamenti Porto, when her bridge deck was lengthened. Altair III has a cruising speed of 7 knots and a top speed of 13 knots. Here she is pictured cruising the Italian coastline.