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Tag "Yacht seizure"

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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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

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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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