Rolex released the Submariner ref. 16610LV in 2003 to commemorate the Submariner's 50th anniversary. It was the first time the Submariner featured a green bezel, hence the nickname "Kermit" after the famous green frog.
The 16610LV has a 40mm diameter and a 13mm thickness, as well as a "maxi-dial" with larger markers and hands for improved legibility and more lumen for nighttime reading. Like all modern Submariners, the Kermit has a water resistance of 300 meters and houses the Rolex Calibre 3135.