IWC has just announced a new addition to its trademark Portugieser line, the Yacht Club Worldtimer. Designed for travelers, the limited-edition timepiece has a diameter of 45mm, measures 14mm in thickness, features a bi-color 24-hour ring, and is powered by automatic movement 42-hour power reserve. The Worldtimer will be offered in two case metals — an 18k red gold, limited to 100 pieces; and a stainless steel, limited to 500 pieces. Additionally, the new watch will have a corrector for the hour hand, conveniently allowing it to be set forward or backward in full hour increments in different time zones. The red gold Worldtimer, and the stainless steel Worldtimer are available for $26,200 USD and $10,400 USD respectively. For more information, visit IWC.