One of the largest carbon-composite motor yachts in the world is on its way to the Mediterranean in the coming weeks after being built at the Palmer Johnson Yachts shipyard in Sturgeon Bay. Credit: Palmer Johnson Yachts

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One of the largest carbon-composite motor yachts in the world will make its way to the Mediterranean Sea in the coming weeks after being built at the Palmer Johnson Yachts shipyard in Sturgeon Bay.

The 150-foot yacht is made from lightweight carbon materials that help reduce by 50% the power needed to propel it through the water.

The yacht is valued at tens of millions of dollars, according to Palmer Johnson, although the company declined to reveal the exact price or the buyer's name.

Designed to go fast, the yacht has a top speed of 32 knots, or about 36 mph. It took about 18 months to build the vessel. It will be tested at CenterPointe Marina before it leaves for the Mediterranean.