UK impounds $50m Russia-owned superyacht Phi

superyacht Phi

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The UK Government has seized a $50m (£38m) Russian-owned superyacht, called Phi, in the financial district of London.

Phi is said to be the first vessel to be impounded in British waters after the country took punitive action for Russia’s Ukraine offensive, reported Bloomberg.

In an emailed statement, the UK Department of Transport said that the 58.5m (192ft) long...

https://www.ship-technology.com/news/uk-impounds-russia-owned-phi/

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