Malta photographer Kurt Arrigo leaned out of a helicopter to capture this stunning picture of the Rolex Volcano Race, winner of the World Yacht Racing Forum Image of the Year competition.
Ian Roman's dramatic image of sailors battling the waves during the Volvo Ocean Race was awarded second place.
Two-time award winner Thierry Martinez had hoped to pick up his third trophey with this image of a yacht during the Vendee Globe race. Instead, he was awarded third place.
Tom Gruitt's photo of sailing competitors lining up for the 2012 London Olympics was awarded fourth place. Leading the pack was gold medalist Ben Ainslie, also one of the judges in the photography awards.
This vaguely comical image of a sailor struggling to get on board a wayward boat earnt Matias Capizzano fifth place.
The prestigious competition attracted 46 submissions from around the world. Photographer Ainhoa Sanchez captured this serene moment during the Platu 25 World Championship in Italy.
The fifth annual photography competition was only open to professional photographers. Here, Chris Schmind captures the varied blue hues of the Bol d'Or Mirabaud.
Photographer Christophe Favreau said Arrigo's winning photo would have been impossible to capture with slow film cameras 20 years ago. Favreau's own submission was of a toubled skiff during the Expresso International Regatta.
Sailors brace for a storm during the Rolex Sydney to Hobart Yacht Race in this photo by Dallas Kilponen.
This haunting image of a lone yacht off the coast of Brittany, France, during the Vendee Globe race, was submitted by photographer Jesus Renedo.
"It's an investment to have the right camera equipment that can withstand the salt water," award organizer Bernard Schopfer said. Photographer Hamish Hooper was well prepared when he took this image of sailors battling waves in the Southern Ocean.
Ronald Koelink's action-packed photo of competitors during a practice-run of the Volvo Ocean Race in Cape Town earlier this month.
Photographer Jen Edney gets down low to take this unusual angle of Team France training ahead of the America's Cup.
Photography competitors were judged on technical elements such as clarity, lighting, composition, and also originality. Here, sailors hold tight during the Soto 40 South American Championships, taken by Luis Fernandez.
"It's not about capturing what everyone else saw, it's about creating what no-one else could see," said photographer Marc Bow, who submitted this painterly image.
Resembling a black space ship, the U.S. team's yacht during the America's Cup was captured by photographer Guilain Grenier from a helicopter.
Competitors in this year's Les Voiles de St Tropez cling on to their boat in this otherworldly image by Patrick Le Galloudec.
Ulf Sommerwerck took this unusual water-level shot during the International Sailing Federation World Cup in Mallorca, Spain.
Team USA capsize during the America's Cup in this dramatic image by photographer Sander van der Borch. The team went on to win the prestigious race.
"Sailing photography is a very difficult job. But it also offers you the chance to travel to exciting destinations," Bernard Schopfer, one of the organizers of the awards, said. This image was submitted by photographer Tani Simberg.
World's best sailing photo
Second place
Third place
Fourth place
Fifth place
Stunning sunset
Breathtaking views
Hairy moments
Storm brewing
Vast ocean
Battling the elements
Sea spray
Point of view
Tide turn
Picture perfect
Serious sailing
Filmic photos
Water works
Drama on the seas
A difficult job
STORY HIGHLIGHTS
- Malta photographer Kurt Arrigo wins World Yacht Racing Forum Image of the Year
- Picture of competitors in Rolex Volcano Race praised by judges for originality
- Fifth annual competition only open to professional photographers
- Judges included Olympic gold medalists Shirley Robertson and Ben Ainslie
Editor's note: MainSail is CNN's monthly sailing show, exploring the sport of sailing, luxury travel and the latest in design and technology.
(CNN) -- A line of sailors teeter on the edge of a giant yacht, peering down at the blazing orange island reflected on its lurching hull.
The sailboat slices through the gray Mediterranean, passing the Italian island of Capri at just the right moment to catch a dazzling silhouette on its exposed underbelly.
It's an incredible image, captured by Malta photographer Kurt Arrigo as he leaned out of a low-flying helicopter during the Rolex Volcano Race earlier this year.
Arrigo has just been named winner of the prestigious World Yacht Racing Forum Image of the Year competition in Gothenburg, Sweden, chosen from an elite pool of internationally renowned sailing photographers.
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Arrigo said of the winning picture: "The weather had been bad all day, but the sun suddenly came out for a short while."
"We were leaving the area but I asked the pilot of the helicopter to fly back briefly over the leading boat -- that's when I took this photograph."
Veteran racing photographer Christian Février said the image would have been impossible 20 years ago, as film cameras would have struggled to capture a yacht racing so quickly with the same stunning level of clarity.
"The reflection at twilight in the hull was interesting. But the importance of the crew creates a second point of interest," he said of the lauded image.
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The fifth annual competition, sponsored by Mirabaud & Cie Private Bankers, is only open to professional photographers, this year attracting 46 of the best racing images from 2012.
The spectacular photos captured some of the biggest events in the sailing calendar, from brutal waves bombarding competitors in the America's Cup to the festive atmosphere of the London Olympics.
Competitors were judged on technical elements such as clarity, lighting, composition, and also originality.
"If you look at the images, hardly any could be taken by someone who's not heavily involved in the industry," Bernard Schopfer, one of the organizers of the event, said.
Very often you have to be hanging out of a helicopter or be on board in violent conditions
Bernard Schopfer, World Yacht Racing Forum Image of the Year co-organizer
"Very often you have to be hanging out of a helicopter with no door or on board the racing boat in extremely violent conditions. It's also an investment to have the right equipment that can withstand the salt water."
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The impressive images were whittled down to the top five by delegates from the World Yacht Racing Forum. The difficult task of choosing a winner was then decided by a panel of industry heavyweights.
Judges included two-time sailing Olympic gold medalist and CNN Main Sail broadcaster Shirley Robertson.
Ben Ainslie, who won his fourth sailing Olympic gold at London 2012, also sat on the panel, adding that the moving photographs had "paid a great tribute to the variety and richness of the sport of sailing."
Arrigo, who has already published two photography books on his native Malta, was awarded a trophy at the event.