A hundred boats will go under the hammer in the event which is being held in London this November.

Boatshed.com, which is based at the Royal Clarence Marina, is putting on the sale which will feature bidding with a difference.

As well as being able to place bids in person and over the phone on the day, boat enthusiasts will be able to bid for the boats over the internet.

There will be a massive range of vessels up for sale from jet skis through to luxury yacht, with high price tags.

One which is set to attract attention at the Sail, Power and Watersports Show held at Earls Court, is New Zealand's largest ever racing yacht, Zana.

Measuring 120ft and built out of carbon fibre and nomex, she will have a reserve a fraction of her build price of £2.5m.

Josh Flavell, communications director for the brokers, said: 'We are looking at 100 boats for auction and people can bid online, in person or over the phone.

'There won't be many reserves on the boats, we are trying to keep that to a minimum and we are expecting a lot of interest.

'As far as we are aware, it's going to be the biggest boat auction in the world ever and it's something that we are very excited about.

'In the current climate people are wanting to move boats on and people like to get a bargain, so it should go very well.

'It's not just for boat owners, as we are expecting people who are interested in buying a boat for the first time, and we will have a massive range at the auction.'

Those who are interested will be able to view the boats online for 30 days before the close of the auction, which runs from November 26 to 30.

The show was launched last year and attracted 35,000 and it is hoped this year 50,000 people will attend.

Boatshed.com is expecting about 1,000 bids on the 100 yachts it has up for sale over the four days.

For more information visit www.boatshed.com or www.earlscourtboatshow.com