Today i spotted "Cloud 9" a new beauty from Kaiserwerft in the port of IJmuiden, the Netherlands. She is there for seatrials. After that she will proberly turn Mediterranean.
As CoenHarbour posted, the m/y Cloud 9 (BN106) is out and about. She is the near identical sister to the m/y Catwalk (BN104, both built by Kaiserwerft yards. The cloud 9 was launched back in late May. Now ready for trials and finally outfitted she will be very soon be ready for delivery. Some launch pics are available on the Kaiserwerft website. Just click on 'yachts built' then '40.6 Meters' and on the right hand side click 'Cloud 9 Hul 106.' It also seems as though there is a 3rd 40.6 M underconstruction to be named Basmalina II for launch in Feb... 2008. http://www.kaiserwerft.de/