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Stories about: sanctions

Roman Abramovich’s $600 Million Eclipse Megayacht Was Quietly Sold Off
Roman Abramovich’s $600 Million Eclipse Megayacht Was Quietly Sold Off

5 Dec 2022, 10:39 UTC · By: Elena Gorgan / Part of Abramovich’s fleet of superyachts, totaling over $1.3 billion, was moved to Turkey to avoid seizure under current sanctions

 
US Officials Move To Seize Superyacht 'Madame Gu' Six Months After It Was Found in Dubai
US Officials Move To Seize Superyacht 'Madame Gu' Six Months After It Was Found in Dubai

3 Dec 2022, 16:39 UTC · By: Bogdan Bebeselea / The U.S. Department of Justice is taking steps to superyacht Madame Gu, linked to sanctioned Russian steel magnate and lawmaker Andrei Skoch

 
Seized $200+ Million Megayacht Royal Romance Will Be Auctioned Off to Benefit Ukraine
Seized $200+ Million Megayacht Royal Romance Will Be Auctioned Off to Benefit Ukraine

3 Dec 2022, 05:38 UTC · By: Elena Gorgan / Belonging to the “dark prince of Ukrainian politics” Viktor Medvedchuk, the megayacht was arrested in Croatia earlier this year and will be sold off

 
Seized $75 Million Axioma Superyacht Is Still in Gibraltar, Despite Selling at Auction
Seized $75 Million Axioma Superyacht Is Still in Gibraltar, Despite Selling at Auction

21 Nov 2022, 11:19 UTC · By: Elena Gorgan / Owned by known Putin associate Dmitry Pumpyansky, the $75 million superyacht was seized in March over an outstanding debt, and sold at forced auction in Septemb

 
Petition Asks for $120 Million Amore Vero Superyacht to Be Turned Into Refugee Hotel
Petition Asks for $120 Million Amore Vero Superyacht to Be Turned Into Refugee Hotel

10 Nov 2022, 10:50 UTC · By: Elena Gorgan / Repurpose seized assets to actually get some use out of them, one petition asks in reference to Amore Vero, which was seized in March and has been sitting since

 
Opulence Is $600 Million Dilbar Megayacht Carrying $5 Million in Paintings, Now Seized
Opulence Is $600 Million Dilbar Megayacht Carrying $5 Million in Paintings, Now Seized

9 Nov 2022, 05:28 UTC · By: Elena Gorgan / Alisher Usmanov’s biggest asset was seized in Germany in March and raided in September. Authorities confirm the seizure of $5 million in artworks

 
Blade-Shaped $300 Million Motor Yacht A Has Disappeared Off the Face of the Earth
Blade-Shaped $300 Million Motor Yacht A Has Disappeared Off the Face of the Earth

8 Nov 2022, 08:20 UTC · By: Elena Gorgan / How do you hide one of the world’s most recognizable superyachts? You turn every tacking system onboard off, including on the tenders

 
Seized $140M Valerie Superyacht Remains One of the Most Beautiful Lurssen Projects Ever
Seized $140M Valerie Superyacht Remains One of the Most Beautiful Lurssen Projects Ever

6 Nov 2022, 08:42 UTC · By: Elena Gorgan / Renamed Meridian A while frozen in Spain, the ex-Valerie is now property of the Spanish government. It is still the jewel in Lurssen’s crown

 
So Much for Being Broke: Abramovich’s $610M Solaris Megayacht Is Being Resupplied Daily
So Much for Being Broke: Abramovich’s $610M Solaris Megayacht Is Being Resupplied Daily

29 Oct 2022, 00:00 UTC · By: Elena Gorgan / Roman Abramovich is under sanctions but he’s managed to take his $1.3 billion superyacht fleet into cover, and it’s being taken good care of

 
Governments Are Realizing That Seizing Oligarchs’ Superyachts Was Not the Best Idea
Governments Are Realizing That Seizing Oligarchs’ Superyachts Was Not the Best Idea

22 Oct 2022, 05:57 UTC · By: Elena Gorgan / Unprecedented economic sanctions, including the seizure of luxury assets, “do not seem to have the crippling effect intended”

 
$500 Million Megayacht Nord Reemerges at Anchor After Successfully Escaping Sanctions
$500 Million Megayacht Nord Reemerges at Anchor After Successfully Escaping Sanctions

8 Oct 2022, 08:29 UTC · By: Elena Gorgan / Believed to be owned by billionaire Alexey Mordashov, Nord has been MIA since sanctions went into effect earlier this year. It’s now at anchor in Hong Kong

 
Hushed Sale of $30 Million Superyacht MySky Is Exposed, Might Flaunt Sanctions
Hushed Sale of $30 Million Superyacht MySky Is Exposed, Might Flaunt Sanctions

6 Oct 2022, 04:57 UTC · By: Elena Gorgan / Sanctioned oligarchs are trying to find loopholes to avoid sanctions, and the suspicious listing of Igor Kesaev’s spectacular superyacht could be one such case

 
Putin’s $119 Million Superyacht Graceful Is Now Called Killer Whale, On the Move Again
Putin’s $119 Million Superyacht Graceful Is Now Called Killer Whale, On the Move Again

5 Oct 2022, 03:26 UTC · By: Elena Gorgan / Graceful fled Germany before work on it was completed and retired to Kaliningrad. It’s on the move again, heading to St. Petersburg under a new name

 
Seized $600 Million Megayacht Dilbar Raided While Sitting in Floating Dock
Seized $600 Million Megayacht Dilbar Raided While Sitting in Floating Dock

29 Sep 2022, 09:29 UTC · By: Elena Gorgan / German authorities have raided Dilbar in search for evidence of tax evasion on part of its direct beneficiary, billionaire Alisher Usmanov

 
Billionaire’s Seized $75 Million Superyacht Sells at Auction at Half Its Value
Billionaire’s Seized $75 Million Superyacht Sells at Auction at Half Its Value

28 Sep 2022, 03:36 UTC · By: Elena Gorgan / The auction on Axioma, the first seized superyacht to sell without the owner’s say-so, has finalized and will be completed within 60 days

 
The Strange Case of the Move of World’s Largest Megayacht, the $600 Million Dilbar
The Strange Case of the Move of World’s Largest Megayacht, the $600 Million Dilbar

27 Sep 2022, 04:03 UTC · By: Elena Gorgan / Owned by Russian billionaire Alisher Usmanov, Dilbar was seized in March and held at a Lurssen shipyard. Reports say it’s about to be reunited with the owner

 
Roman Abramovich’s Custom Private Jet Is Still Being Used – To Rescue Prisoners of War
Roman Abramovich’s Custom Private Jet Is Still Being Used – To Rescue Prisoners of War

26 Sep 2022, 10:05 UTC · By: Elena Gorgan / The sanctioned Russian oligarch reportedly played a key role in getting over 200 prisoners released in a swap, flew some of them on his private jet

 
Seized $600 Million Megayacht Dilbar Has Left Port in the Middle of the Night
Seized $600 Million Megayacht Dilbar Has Left Port in the Middle of the Night

22 Sep 2022, 06:17 UTC · By: Elena Gorgan / Shipyard Lurssen has vacated the dry dock in Hamburg, moving the gigantic 2016 vessel to a storage facility in Bremen, Germany

 
And So It Begins: Billionaire Sues Government for the Right to Use His Frozen Yachts
And So It Begins: Billionaire Sues Government for the Right to Use His Frozen Yachts

17 Sep 2022, 04:13 UTC · By: Elena Gorgan / Alexey Kuzmichev, often described as one of the most powerful men in Russia, says he should be allowed to use his 2 vessels, even though they’re frozen

 
$600 Million Megayacht Scheherazade Was a Christmas Gift From Putin's Friends
$600 Million Megayacht Scheherazade Was a Christmas Gift From Putin's Friends

11 Sep 2022, 05:36 UTC · By: Elena Gorgan / 2014 was a good year for President Putin, and his oligarch friends celebrated it by chipping in to buy him one of the most expensive megayachts in the world