The long arm of US law reaches at least 7,767 miles (12,500km). Today it took control of the motor yacht Amadea, which was seized in Lautoka, Fiji just over a month ago. In court filings, the FBI said that the
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
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
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
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
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
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
The survival of the most adaptable is the reality facing businesses right now in every industry, as economies begin to adapt to life post-Covid. Superyachting, whilst usually more sheltered than other sectors in times of crisis, when faced with a
The superyacht industry’s role in conserving and protecting the oceans should be viewed as an investment in the future and not an act of philanthropy, Robert van Tol, co-founder, Water Revolution Foundation told Superyacht Investor. He points out the industry
There is just not enough product to meet the demand for purchase. Now that’s a line you don’t hear very often – in any industry – but this is the reality facing the yachting world in 2021. Lack of inventory
