Seized yachts: What we know so far

Seized yachts: What we know so far

More than 50 yachts, valued in billions of dollars, have been detained worldwide in connection with sanctions imposed after the Russian invasion of Ukraine, according to a Superyacht Investor investigation. Governments have formally and publicly seized 15 superyachts, with a

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UK government sanctions owner of Heesen Yachts

UK government sanctions owner of Heesen Yachts

The UK government has sanctioned Vagit Alekperov, who owns Heesen Yachts. Alekperov is subject to a UK travel ban and asset freeze. Alekperov bought the yard in 2008 from its founder. He owns the yard through a series of holding

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As sanctions bite, what happens to Russian-owned superyachts?

As sanctions bite, what happens to Russian-owned superyachts?

In the past eight weeks at least 25 Russian superyachts have been seized, arrested or detained by governments, banks and law enforcement agencies. This includes 12 under construction in the Netherlands. It also includes Dilbar (pictured above) (linked to sanctioned Russian

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Cocaine yacht MY Kahu to be sold to the highest bidder

Cocaine yacht MY Kahu to be sold to the highest bidder

Seized yacht MY Kahu will be sold to the highest bidder at an online auction in April, after being arrested carrying over 2t of cocaine. The UK National Crime Agency has instructed the sale of the 120ft (36.58m) vessel to

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Spain seizes Russian-owned superyacht on behalf of US

Spain seizes Russian-owned superyacht on behalf of US

Spanish law enforcement has seized the 77m (255ft) superyacht, Tango on behalf of the US Department of Justice due to its connections to sanctioned oligarch, Viktor Vekselberg. The US alleges that Feadship-built Tango was subject to forfeiture based on violation

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Thousands of crew affected by Russia sanctions

Thousands of crew affected by Russia sanctions

Up to 4,500 crew working on superyachts owned by Russians are being impacted by sanctions imposed after the invasion of Ukraine. Some have reportedly lost their jobs, while others fear non- payment of their wages, according to industry sources consulted

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MB92 Group names Jean-Marc Boligner as new CEO

MB92 Group names Jean-Marc Boligner as new CEO

The superyacht refit and maintenance company MB92 has appointed Jean-Marc Bolingeras its new group CEO. Pepe García-Aubert will continue as president and chairman of the MB92 Group. Bolinger (pictured)  has worked in a range of industries from business services and consumer

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