$400 Million Flying Fox Megayacht Is Rushing to Turkey After Secretive Departure
11 May 2022, 06:33 UTC · By: Elena Gorgan / Flying Fox was detained in the Dominican Republic for one month while under investigation, left there in secret, and is now heading to Turkey
The U.S. Can’t Sell Seized Billionaires’ Superyachts (Yet), So They’re Floating Money Pits
10 May 2022, 07:50 UTC · By: Elena Gorgan / The difference between a floating palace and a floating money pit is in the lack of a legal framework and precedents for the sale of seized assets of this kind
Billionaire Owner of $325M Amadea Spent Over $500K on Fuel Trying to Flee Sanctions
8 May 2022, 09:00 UTC · By: Elena Gorgan / Megayacht Amadea has been detained in Fiji for weeks, and holds the record for longest and most expensive trip trying to avoid sanctions
The U.S. Has to Pay $30 Million in Annual Running Costs for Seized Amadea Megayacht
8 May 2022, 05:45 UTC · By: Elena Gorgan / Once the appeal on seizure is heard, the U.S. will move Amadea into territorial waters and may proceed to sell it auction. Until then, it has to pay
$700 Million Scheherazade Megayacht Has Refueled and Is Getting Ready to Flee Sanctions
6 May 2022, 04:18 UTC · By: Elena Gorgan / Scheherazade has been docked and temporarily restrained in Italy over supposed ties to Putin, but signs point that it’s getting ready to get away
Metal Billionaire Has Successfully Disappeared the $300 Million Megayacht Alaiya
5 May 2022, 09:06 UTC · By: Elena Gorgan / Fool me one, shame on me: Alisher Usmanov will not make the same mistake after authorities seized Dilbar, so his second megayacht has gone dark
Stranded $75 Million Superyacht Axioma Shows Damages No One Can Repair Right Now
4 May 2022, 10:40 UTC · By: Elena Gorgan / Axioma was arrested in Gibraltar by Spanish authorities in late March after owner Dmitry Pumpyansky was included on the sanctions list, and it’s stuck there
World’s First Private Icebreaker Superyacht Goes Dark as Banker Owner Laments His Fate
4 May 2022, 08:01 UTC · By: Elena Gorgan / Oleg Tinkov, who commissioned the $100 million La Datcha icebreaker explorer superyacht, is now living in exile after becoming persona non-grata
Steel Billionaire’s $100 Million Titan Megayacht Is Racing to Safety in Friendly Waters
1 May 2022, 06:21 UTC · By: Elena Gorgan / Analysts talk of the emergence of a new trend, as Alexander Abramov’s Titan races to Turkey to avoid sanctions, and will most likely go “invisible”
The U.S. Has to Pay for Billionaire’s Superyacht After Seizure, and It’s Not Cheap
28 Apr 2022, 04:32 UTC · By: Elena Gorgan / Oligarch Viktor Vekselberg was included on the sanctions list, and his superyacht Tango was seized in Spain by U.S. authorities. Now, they have to pay for it
Russian Gold King’s Megayacht Trapped in Fiji as the U.S. Is Trying to Seize It
20 Apr 2022, 07:53 UTC · By: Elena Gorgan / Amadea, the Lurssen megayacht that tried to flee to safety, is now in limbo in Fiji, where local and U.S. authorities are trying to impound it
$85 Million Ragnar Superyacht Is on the Move Again, After It Was Denied Fuel in Port
16 Apr 2022, 05:46 UTC · By: Elena Gorgan / The superyacht explorer Ragnar was stuck in Norway for five full weeks as local suppliers refused to fuel it, and is now headed to Malta
The World’s Largest Superyacht, $600 Million Dilbar, Officially Seized at Shipyard
15 Apr 2022, 04:17 UTC · By: Elena Gorgan / After a month-long investigation, German authorities have established a link between Dilbar and Russian billionaire Alisher Usmanov, and impounded the vessel
Former F1 Driver Nikita Mazepin Takes Another Hit as Italy Seizes $114M in Real Estate
12 Apr 2022, 04:51 UTC · By: Elena Gorgan / Mazepin and his father, Uralkali owner Dmitry Mazepin, were included on the international sanctions list, and Italian authorities seized their villa
Poor Roman Abramovich Has to Borrow Money for Running Costs on His Superyachts and Jets
9 Apr 2022, 05:51 UTC · By: Elena Gorgan / How the mighty have fallen: the billionaire is feeling the pinch of the sanctions, turns to wealthy friends for financial help
14 Mega- and Superyachts Seized in The Netherlands Over Possible Russian Ties
7 Apr 2022, 08:19 UTC · By: Elena Gorgan / Dutch authorities decide to hold vessels while they investigate whether the direct beneficiaries are on the current international sanction lists
$150M Superyacht Madame Gu “Disappears” as Russian Oligarchs Scramble to Escape Sanctions
14 Mar 2022, 14:10 UTC · By: Elena Gorgan / Madame Gu has the world’s most expensive paintjob, which makes it hard to miss. It’s owned by Andrei Skoch and fell off the map as it left Dubai
Russian Oligarchs’ Superyachts Depart for Safe Havens, as Risks of Being Seized Increase
2 Mar 2022, 05:10 UTC · By: Otilia Drăgan / France is targeting luxury vehicles owned by Russian billionaires with connections to Kremlin, and other countries are threatening to ban these pleasure crafts
Volvo Suspends All Car Shipments to Russia Over Kremlin’s Attack on Ukraine
1 Mar 2022, 09:49 UTC · By: Sergiu Tudose / Volvo is the first global carmaker to suspend car shipments to Russia because of the ongoing conflict, although others will probably follow soon
Renault Faces Component Shortages, Will Suspend Russian Operations Temporarily
25 Feb 2022, 16:47 UTC · By: Humphrey Bwayo / VW Group and Stellantis also operate automotive factories in Russia, and may be exposed if international sanctions on imports and exports are enforced