Built between 2008 and 2012, the tower stands at 196 m (643 ft) tall with 57 floors and is the 24th tallest building in Panama City.

It was designed by the Panamanian architectural firm Mallol & Mallol and as its name suggests, the building's concept is that of a ship, with the floors having the shape of a yacht facing the sea.

The top of the building culminates in a knife-shaped point covered in glass.

[4] The tower contains a total of 210 apartment units with gross floor areas of between 116 and 218 m2 (2,350 sq ft).

[5] The tower was the winning project in the national competition for the 2012 Cemex Architecture Award, which allowed it to represent Panama in the prestigious international version of this competition.