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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Flagship: ‘What a time to be in business’

Flagship: ‘What a time to be in business’

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

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Conserving oceans: Investment not philanthropy

Conserving oceans: Investment not philanthropy

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

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Market boom leaving inventory bare

Market boom leaving inventory bare

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

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The secret to successfully launching a new build yacht

The secret to successfully launching a new build yacht

Superyachts are a business and staff are the most important cog in the wheel, according to Tim Clarke, managing director, Quay Crew. He explains how they can play a key role in new builds. Creating a new build yacht is

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Flagship: Diversity, how far have we come?

Flagship: Diversity, how far have we come?

Superyachting has, by its own admission, been slow to diversify its workforce. A typical yacht still features a predominantly Caucasian crew, with women working inside and men out on deck. However, over the past 10 years ripples of change have

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Flagship: Virtual Reality ‘A Tool For Growth’

Flagship: Virtual Reality ‘A Tool For Growth’

Virtual Reality, also known as VR, is revolutionising how many of us enjoy entertainment and has been used to train astronauts, surgeons and even superyacht crew. Now, in a post-Covid-19 reality, VR has the potential to further benefit the superyacht

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