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Tag "Phi"

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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First superyacht seized in UK waters under sanction rules

First superyacht seized in UK waters under sanction rules

A Russian-owned superyacht has been seized in UK waters for the first time today, on the orders of UK transport secretary Grant Shapps. The 192ft (58.5m) $50m yacht Phi, owned by an unnamed Russian business man, was arrested at Canary

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