The annual gathering of yacht connoisseurs came to a close in Monaco over the weekend, with the prestigious Rina Green Plus prize going to a new mega-yacht from Italian manufacturer Benetti.

The 55-meter boat, presented in a world premiere at the Monaco Yacht Show, was recognized as the year’s leading example of yacht constructors’ efforts to reduce the carbon footprints of their vessels.

The prize is awarded based on the criteria set out by Rina, a marine services company, in its Green Plus certification label, which encourages all manufacturers to produce more eco-friendly boats.

Among the innovative and green technologies aboard the Ocean Paradise is a system that reabsorbs greenhouse gas emissions in order to limit their dispersion in the marine environment. Benetti used a brand new coating on the hull of the yacht, reducing resistance in the water and thus enhancing fuel efficiency. The boat is lit with next-generation LED lights, also an optimal choice for energy efficiency.