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Stories about: sanctions

U.S. Goes After Superyachts, Luxury Yacht Management Company, and God Himself
U.S. Goes After Superyachts, Luxury Yacht Management Company, and God Himself

4 Jun 2022, 04:31 UTC · By: Elena Gorgan / In a bid to “degrade the key networks used by Russia’s elites,” the U.S. Department of Treasury expands sanctions list to include vessels, companies, aircraft

 
Blade-Shaped $300M Megayacht A Has Been Hiding in Plain Sight for Weeks
Blade-Shaped $300M Megayacht A Has Been Hiding in Plain Sight for Weeks

2 Jun 2022, 04:28 UTC · By: Elena Gorgan / The smallest and least expensive megayacht of Russian oligarch Andrey Melnichenko, Motor Yacht A, has been berthed in the UAE since early April

 
China Closes Airspace to Russian-Owned Aircraft, but Only to Stolen Planes
China Closes Airspace to Russian-Owned Aircraft, but Only to Stolen Planes

1 Jun 2022, 03:55 UTC · By: Elena Gorgan / As of last month, China is asking all airlines to update their electronic dossier with more complete information, which re-registered airplanes don’t have

 
Brand-New $50 Million Superyacht PHI Is Still Stuck in London
Brand-New $50 Million Superyacht PHI Is Still Stuck in London

31 May 2022, 07:51 UTC · By: Elena Gorgan / PHI was delivered in 2021 and was about to leave London in March, when authorities arrested it even though the owner is not on sanctions lists. It’s still there

 
$120 Million Alfa Nero Superyacht Pops Up in Antigua, Still Has Tracking Turned Off
$120 Million Alfa Nero Superyacht Pops Up in Antigua, Still Has Tracking Turned Off

30 May 2022, 02:57 UTC · By: Elena Gorgan / Owned by Russian billionaire Andrey Guryev, Alfa Nero has been “invisible” for tracking since March 3, when it was last spotted in the Caribbean

 
The U.S. Will Sail the Seized $325 Million Amadea Superyacht Within Days
The U.S. Will Sail the Seized $325 Million Amadea Superyacht Within Days

28 May 2022, 04:09 UTC · By: Elena Gorgan / The Fiji Court of Appeal dismissed an appeal to halt the seizure, which means Amadea is now U.S. property and will have to leave the island

 
Roman Abramovich’s New Private Boeing 787 Dreamliner Is Officially Grounded
Roman Abramovich’s New Private Boeing 787 Dreamliner Is Officially Grounded

27 May 2022, 10:52 UTC · By: Elena Gorgan / Earlier this month, the U.S. included the New Bandit on the list of airlines denied export privileges, which means it’s “effectively grounded”

 
Gas Billionaire’s $150 Million Superyacht Pacific Is Visible Again, Moving Out of Reach
Gas Billionaire’s $150 Million Superyacht Pacific Is Visible Again, Moving Out of Reach

27 May 2022, 03:51 UTC · By: Elena Gorgan / Pacific went dark on May 8 but is back to broadcasting its location now: the point of destination is now Port Said in Egypt, where it would be safe from seizing

 
$500 Million Custom Superyacht Nord Is on the Move Again After Escaping Sanctions
$500 Million Custom Superyacht Nord Is on the Move Again After Escaping Sanctions

25 May 2022, 05:27 UTC · By: Elena Gorgan / Owned by Russian oligarch Alexey Mordashov, the Nord megayacht made it to Russia in time and avoided authorities, but is moving in the Sea of Japan

 
Entire Crew of Arrested $700 Million Scheherazade Megayacht Were Not Trained Professionals
Entire Crew of Arrested $700 Million Scheherazade Megayacht Were Not Trained Professionals

25 May 2022, 04:03 UTC · By: Elena Gorgan / Insider reveals that the Russian crew would come onboard all at once without a proper handover, using video tutorials for the most basic running and maintenance

 
Superyachts Are Staying Clear of Party Islands to Avoid Seizure, Predictably So
Superyachts Are Staying Clear of Party Islands to Avoid Seizure, Predictably So

22 May 2022, 05:12 UTC · By: Elena Gorgan / The party has stopped for the world’s mega-rich, maritime tracking data reveals. Superyachts flee to friendly waters, and the Balearic Sea is “treacherous”

 
Blade-Shaped, $300 Million Motor Yacht A Has Disappeared in the Arabian Sea
Blade-Shaped, $300 Million Motor Yacht A Has Disappeared in the Arabian Sea

20 May 2022, 05:53 UTC · By: Elena Gorgan / Owned by Andrey Melnichenko, Motor Yacht A is one of the most controversial, famous and spectacular vessels ever built, and it’s gone missing

 
Sanctions Send Russia’s Car Industry Back to the 80s, New Cars Now Without Airbags and ABS
Sanctions Send Russia’s Car Industry Back to the 80s, New Cars Now Without Airbags and ABS

17 May 2022, 12:25 UTC · By: Sergiu Tudose / Russian carmakers are also authorized to ignore Emissions standards and are no longer obligated to equip their vehicles with seat belt pretensioners

 
Poof! $150 Million Color-Changing Superyacht Pacific Has Gone Dark
Poof! $150 Million Color-Changing Superyacht Pacific Has Gone Dark

16 May 2022, 03:07 UTC · By: Elena Gorgan / Owned by Russian oligarch Leonid Mikhelson, who is on several sanctions list, Pacific was last located in the Caribbean Sea. It then turned its trackers off

 
Superyacht Amadea Is Too Expensive for Fiji, at $1 Million a Week in Maintenance Costs
Superyacht Amadea Is Too Expensive for Fiji, at $1 Million a Week in Maintenance Costs

14 May 2022, 04:03 UTC · By: Elena Gorgan / Fiji authorities want the controversial megayacht gone because it costs too much to maintain it. Amadea has been stuck there since it was arrested in April

 
Luxury Yachts, Assets of 15 Sanctioned Oligarchs Found, and Not One Moment Too Soon
Luxury Yachts, Assets of 15 Sanctioned Oligarchs Found, and Not One Moment Too Soon

13 May 2022, 06:42 UTC · By: Elena Gorgan / Spanish authorities say they’ve identified luxury assets of sanctioned oligarchs, as they were trying to “move” them to other entities

 
$400 Million Flying Fox Megayacht Is Rushing to Turkey After Secretive Departure
$400 Million Flying Fox Megayacht Is Rushing to Turkey After Secretive Departure

11 May 2022, 06:33 UTC · By: Elena Gorgan / Flying Fox was detained in the Dominican Republic for one month while under investigation, left there in secret, and is now heading to Turkey

 
The U.S. Can’t Sell Seized Billionaires’ Superyachts (Yet), So They’re Floating Money Pits
The U.S. Can’t Sell Seized Billionaires’ Superyachts (Yet), So They’re Floating Money Pits

10 May 2022, 07:50 UTC · By: Elena Gorgan / The difference between a floating palace and a floating money pit is in the lack of a legal framework and precedents for the sale of seized assets of this kind

 
Billionaire Owner of $325M Amadea Spent Over $500K on Fuel Trying to Flee Sanctions
Billionaire Owner of $325M Amadea Spent Over $500K on Fuel Trying to Flee Sanctions

8 May 2022, 09:00 UTC · By: Elena Gorgan / Megayacht Amadea has been detained in Fiji for weeks, and holds the record for longest and most expensive trip trying to avoid sanctions

 
The U.S. Has to Pay $30 Million in Annual Running Costs for Seized Amadea Megayacht
The U.S. Has to Pay $30 Million in Annual Running Costs for Seized Amadea Megayacht

8 May 2022, 05:45 UTC · By: Elena Gorgan / Once the appeal on seizure is heard, the U.S. will move Amadea into territorial waters and may proceed to sell it auction. Until then, it has to pay