Back to homepage

Tag "Russian yachts"

Russian yachts are having a Rotter-dam

Russian yachts are having a Rotter-dam

Imagine spending €1.654bn ($1.682bn) on superyachts. What would your investment buy? One answer is 26 luxury vessels. That is the combined value of 24 yachts under investigation by the Dutch customs authorities in connection with Russian ownership plus a further

Read Full Article
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

Read Full Article
Oligarchs’ superyachts: The net begins to close

Oligarchs’ superyachts: The net begins to close

The net is beginning to close on some Russian oligarch’s superyachts, as sanctions imposed by the US, EU, UK and other nations begin to bite. Two vessels were seized in Europe and others are relocating to countries with no US

Read Full Article