die Yacht
yacht
A large, often luxurious sailing or motor boat used for private pleasure trips, living on, or racing.
Im Hafen von Monaco liegen viele teure Yachten.
There are many expensive yachts in the harbor of Monaco.

yacht
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yacht
A large, often luxurious sailing or motor boat used for private pleasure trips, living on, or racing.
Im Hafen von Monaco liegen viele teure Yachten.
There are many expensive yachts in the harbor of Monaco.

The word 'Yacht' is almost always associated with wealth and luxury. It does not simply refer to a boat, but to a large, expensive, and prestigious watercraft.
Er hat sein ganzes Geld in eine luxuriöse Yacht investiert.
He invested all his money in a luxurious yacht.
To describe the location, you use 'auf der Yacht' (on the yacht). To describe the means of transport, you use 'mit der Yacht' (by yacht).
Wir haben den ganzen Nachmittag auf der Yacht verbracht.
We spent the whole afternoon on the yacht.
Common verbs used with 'Yacht' are 'eine Yacht chartern' (to charter/rent a yacht), 'eine Yacht besitzen' (to own a yacht), or 'mit der Yacht segeln' (to sail by yacht).
Für den Urlaub haben wir uns eine Yacht gechartert.
We chartered a yacht for the vacation.
ship
'das Schiff' and 'die Yacht' both refer to larger vehicles on the water. 'Schiff' is the more general term and is especially suitable for transport, travel, or large watercraft. 'Yacht' is more specific: it is usually a private, often expensive sailing or motor boat used for recreation, living on the water, or racing. The words can be confused because a yacht can also look like a ship. When you mean a private and rather luxurious boat, 'Yacht' is more precise.

Meine Freundin sieht im Sommer oft teure Yachten an der Küste.
In the summer, my friend often sees expensive yachts on the coast.
Heute hat meine Kollegin ein großes Schiff im Hafen fotografiert.
Today my colleague photographed a large ship in the harbor.