Superyacht Investor London 2022: Sanctions lead to choppy waters

Superyacht Investor London 2022: Sanctions lead to choppy waters

There were no Russian yacht owners at Superyacht Investor London 2022 for obvious reasons. But the effects of the Russian invasion of Ukraine dominated much of the conference. It started with an excellent session looking at the impact from the

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Superyachts, the Fifth Amendment, and the French Revolution

Superyachts, the Fifth Amendment, and the French Revolution

The Founding Fathers, the French proletariat and 205ft luxury yachts may never have been mentioned in the same instance before; yet all are prominent features of discussion since the latest development from US legislators. US Congress voted in favour of

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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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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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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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Why NFTs are not just for Bored Apes

Why NFTs are not just for Bored Apes

Talk show host Jimmy Fallon and Charlie Brown fanatic Snoop Dogg may not strike you as being nautical enthusiasts. But both have spent more than $250,000 on membership to the Bored Ape Yacht Club, a non-fungible token (NFT) for a

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Oligarchs: UBO sightings on the rise, seizures follow

Oligarchs: UBO sightings on the rise, seizures follow

No not unidentified flying objects (UFO). It’s ultimate beneficial owners (UBO), namely oligarchs, who have been sought out in recent weeks. Whilst sanctions lists have grown in response to the intensifying conflict in Ukraine, governments have been arresting and seizing

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Marina Port Vell: Banking on the blue economy

Marina Port Vell: Banking on the blue economy

Marina Port Vell is in the midst of a major overhaul, which aims to turn Barcelona into the superyachting capital of the Mediterranean. The latest round of investment, totalling €20m ($22.8m), includes funding for 23 new berths for vessels up

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Luxury tax has potential to ‘destroy’ Canadian yachting market

Luxury tax has potential to ‘destroy’ Canadian yachting market

Canada has an incredible marine landscape for half the year, when it’s not frozen, and plays host to a diverse range of yachts and boats. Take Canada’s growing west coast city of Vancouver, which is home to a number of

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Flagship: Henk de Vries on building through a boom

Flagship: Henk de Vries on building through a boom

If you (pandemic restrictions permitting), walked into any shipyard or brokerage over the past 12 months there’s a chance you heard talk of unprecedented demand, refit craftsmen at full tilt and not a slot to be seen until at least 2024.

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