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Stories about: sanctions

Record-Breaking Ultra G Superyacht Is Impressive Far Beyond Its Controversial Ownership
Record-Breaking Ultra G Superyacht Is Impressive Far Beyond Its Controversial Ownership

8 Apr 2024, 08:32 UTC · By: Elena Gorgan / Commissioned by the former owner of Heesen Yachts, Ultra G is a very sophisticated gentleman's yacht with sportfishing heritage and plenty of surprise features

 
$220 Million Superyacht 'Royal Romance' Is Being Force-Sold in a World First
$220 Million Superyacht 'Royal Romance' Is Being Force-Sold in a World First

27 Mar 2024, 11:34 UTC · By: Elena Gorgan / The Feadship vessel was seized in 2022, and ownership was transferred to Ukraine in January 2024. The superyacht is now being auctioned off

 
The U.S. Is Desperate to Sell a Seized Megayacht as It Can't Afford to Keep Paying for It
The U.S. Is Desperate to Sell a Seized Megayacht as It Can't Afford to Keep Paying for It

15 Feb 2024, 09:57 UTC · By: Elena Gorgan / Federal prosecutors say seized Amadea costs at least $600,000 a month to maintain, so they want to sell it before ownership is established

 
Crew on Seized $700 Million Megayacht Use Fire Hoses, Drones to Keep Journalists Away
Crew on Seized $700 Million Megayacht Use Fire Hoses, Drones to Keep Journalists Away

14 Feb 2024, 12:43 UTC · By: Elena Gorgan / Scheherazade is believed to be the biggest vessel in Putin's personal fleet and has been under seizure in Italy since May 2022. It's bustling with activity

 
Iconic, Sanctioned $400M Megayacht Is Back on the Charter Market but There's a Catch
Iconic, Sanctioned $400M Megayacht Is Back on the Charter Market but There's a Catch

19 Jan 2024, 09:59 UTC · By: Elena Gorgan / The legend is back! The Flying Fox, briefly arrested in 2022 and introduced on U.S. sanctions lists that same year, can be chartered again

 
Billionaire's Ex Sues Over the $400M Superyacht 'Luna' in World's Most Expensive Divorce
Billionaire's Ex Sues Over the $400M Superyacht 'Luna' in World's Most Expensive Divorce

17 Jan 2024, 12:54 UTC · By: Elena Gorgan / Farkhad Akhmedov's superyacht Luna is back in the headlines: his ex-wife is suing her former law firm over "negligence" in failing to secure it for her

 
$200 Million Megayacht Royal Romance Will Be Force-Sold at Auction in a World First
$200 Million Megayacht Royal Romance Will Be Force-Sold at Auction in a World First

21 Nov 2023, 09:08 UTC · By: Elena Gorgan / Delivered by Feadship in 2015, Royal Romance was arrested in Croatia in 2022, where it remains to this day, as the clock is ticking on its fate

 
$300 Million Nirvana: The Megayacht Caught in a $30 Billion Divorce Battle
$300 Million Nirvana: The Megayacht Caught in a $30 Billion Divorce Battle

6 Nov 2023, 11:07 UTC · By: Elena Gorgan / Delivered by Oceanco in 2012, Nirvana is still one of the most beautiful and luxurious megayachts in the world. As of 2022, it’s also in hiding

 
Axioma: Gorgeous $75 Million Custom Superyacht Survived Sanctions to Thrive Again
Axioma: Gorgeous $75 Million Custom Superyacht Survived Sanctions to Thrive Again

28 Oct 2023, 09:54 UTC · By: Elena Gorgan / Owner’s identity remains a secret but Axioma is back for charter after a most troubled year under arrest, a controversial sale, and the 10-year inspection

 
$325 Million Amadea Megayacht Is Caught in a Legal War as U.S. Moves to Claim It
$325 Million Amadea Megayacht Is Caught in a Legal War as U.S. Moves to Claim It

24 Oct 2023, 09:24 UTC · By: Elena Gorgan / The U.S. government is seeking forfeiture of the arrested vessel, while another billionaire has claimed ownership and is suing to have it released to him

 
Billionaire Wants to Pay for His Seized $600M Megayacht Lest It Goes Into Disrepair
Billionaire Wants to Pay for His Seized $600M Megayacht Lest It Goes Into Disrepair

20 Oct 2023, 09:14 UTC · By: Elena Gorgan / Report says Andrey Melnichenko is asking for a special permit that would allow him to cover the maintenance and upkeep of Sailing Yacht A while under arrest

 
Luxury Shipyard That Built Jeff Bezos' Abeona Superyacht Sues Government Over Sanctions
Luxury Shipyard That Built Jeff Bezos' Abeona Superyacht Sues Government Over Sanctions

10 Oct 2023, 14:23 UTC · By: Elena Gorgan / Damen Yachting is seeking damages over loss of profit after severing Russian contracts. Government sources claim the yard’s “true north” is with the money

 
Seized Alfa Nero Is Costing Taxpayers $28,000 a Week Just to Keep Mold Out of the Cabins
Seized Alfa Nero Is Costing Taxpayers $28,000 a Week Just to Keep Mold Out of the Cabins

30 Sep 2023, 00:30 UTC · By: Elena Gorgan / The controversial Oceanco build captured last year has turned into a money pit for the local taxpayer – and there’s no light at the end of the tunnel

 
$200 Million Black Pearl: The Revolutionary Sailing Yacht Caught in a $3.7 Billion War
$200 Million Black Pearl: The Revolutionary Sailing Yacht Caught in a $3.7 Billion War

20 Sep 2023, 11:25 UTC · By: Elena Gorgan / Delivered by Oceanco in 2018 and designed as a showcase of the applicability of a DynaRig system on a large superyacht, Black Pearl is now the apple of discord

 
A $31 Million Upgrade on a $110+ Million Superyacht Gets You a Gold Freestanding Tub
A $31 Million Upgrade on a $110+ Million Superyacht Gets You a Gold Freestanding Tub

18 Sep 2023, 05:51 UTC · By: Elena Gorgan / Kosatka (ex Graceful) is Putin’s second yacht and his favorite. It’s just completed a full refit, even though both the vessel and the owner are under sanctions

 
Google Billionaire Revealed as the New Owner of the Kismet Megayacht
Google Billionaire Revealed as the New Owner of the Kismet Megayacht

17 Sep 2023, 08:57 UTC · By: Elena Gorgan / Eric Schmidt had won the bidding for the sanctioned Alfa Nero before backing down due to unexpected legal complications. Kismet is his consolation prize

 
$700 Million Scheherazade Megayacht Is Getting Ready to Flee Arrest, Says Source
$700 Million Scheherazade Megayacht Is Getting Ready to Flee Arrest, Says Source

5 Sep 2023, 07:29 UTC · By: Elena Gorgan / Seized and put in dry dock more than a year ago, Scheherazade has been undergoing a refit during this time. It’s probably getting ready to sail off

 
Billionaire's Undelivered Superyacht Sells to New Owner in First-of-Its-Kind Deal
Billionaire's Undelivered Superyacht Sells to New Owner in First-of-Its-Kind Deal

3 Sep 2023, 07:29 UTC · By: Elena Gorgan / Dutch authorities oversaw the sale of Genesis (ex Galactica, Project Cosmos) before delivery to the original owner, who was sanctioned in 2022

 
$100M Graceful Superyacht Underwent a $31M Refit Under Sanctions, Is Ready to Cruise Again
$100M Graceful Superyacht Underwent a $31M Refit Under Sanctions, Is Ready to Cruise Again

23 Aug 2023, 10:23 UTC · By: Elena Gorgan / Graceful is now transmitting under Kosatka (Killer Whale) and has been refurbished after it was rushed out of Germany in early 2022. It’s Putin’s favorite yacht

 
Billionaire Sues Government for Seizing His Megayacht: $600M Dilbar Is "Home"
Billionaire Sues Government for Seizing His Megayacht: $600M Dilbar Is "Home"

15 Aug 2023, 15:13 UTC · By: Elena Gorgan / Oligarch Alisher Usmanov, included on sanctions lists in March 2022, is taking matters to court, arguing that German authorities shouldn’t have seized Dilbar