By Luc Cohen NEW YORK, Feb 12 (Reuters) – The U.S. government said it is spending more than $7 million a year to maintain a superyacht it seized from a sanctioned Russian…
russian yachts
Ex-Google CEO Scraps $67.6 Million Purchase Of Abandoned Superyacht
By Jim Wyss and Devon Pendleton (Bloomberg) –Former Google CEO Eric Schmidt has backed out of purchasing a superyacht that’s been abandoned in Antigua for over a year, after the sale…
https://gcaptain.com/ex-google-ceo-scraps-67-6-million-purchase-of-abandoned-superyacht/
Dubai Boat Show Features Electric Sailboat, $318 Million Superyacht
By Lisa Fleisher (Bloomberg) –What do buyers of the world’s largest yachts want these days? Same thing that we all wanted more of during pandemic lockdowns: more space and a connection with…
https://gcaptain.com/dubai-boat-show-features-electric-sailboat-318-million-superyacht/
Russian Oligarch Yacht Agents Indicted By US Grand Jury
By Chris Dolmetsch (Bloomberg) Two businessmen were charged by US authorities with helping operate Russian billionaire Viktor Vekselberg’s yacht in violation of sanctions imposed four years ago. Vekselberg’s $90 million, 255-foot…
https://gcaptain.com/russian-oligarch-yacht-agents-indicted-by-us-grand-jury/
Russian Billionaire Gets Judge on Board in Fight Over French Riviera Yacht
By Gaspard Sebag (Bloomberg) –Sanctioned Russian billionaire Alexey Kuzmichev has notched up another victory in his fight with French authorities who raided his Riviera yachts after they were targeted by an…
https://gcaptain.com/russian-billionaire-gets-judge-on-board-in-fight-over-french-riviera-yacht/
South Africa Welcomes Sanctioned Russian Yacht
By Paul Burkhardt (Bloomberg) South Africa’s government said it has “no reason” to apply sanctions brought against Russian tycoon Alexey Mordashov and that his $500 million megayacht is free to dock…
https://gcaptain.com/south-africa-welcomes-russian-superyacht/
Spain Moves Yacht Linked to Russian Oligarch After Shipyard Payments Stop
By Joan Faus BARCELONA, Oct 21 (Reuters) – Spanish authorities moved a luxury yacht linked to the sanctioned head of Russian defense group Rostec after the shipyard where it was berthed stopped…
https://gcaptain.com/spain-moves-yacht-linked-to-russian-oligarch-after-shipyard-payments-stop/
Russian Billionaire Sues France Over Seized Yachts
PARIS, Sept 15 (Reuters) – A Russian billionaire is suing French authorities in an effort to win back access to two of his yachts, arguing customs officials did not have the right to immobilize…
https://gcaptain.com/russian-billionaire-sues-france-over-seized-yachts/
Bankers, CEOs Splash Millions On One-Week Superyacht Rentals
By K. Oanh Ha (Bloomberg) –Stacy Fischer-Rosenthal and her 30-strong team have had a busy summer booking private yachts for bankers, CEOs and other high flyers now liberated from the shackles of…
https://gcaptain.com/bankers-ceos-splash-millions-on-one-week-superyacht-rentals/
Seized Russian Superyacht Auctioned Off in Gibraltar
MADRID, Aug 23 (Reuters) – A $75-million superyacht linked to a sanctioned Russian steel billionaire was auctioned on Tuesday in Gibraltar, court sources said, in what is understood to be the first…
https://gcaptain.com/seized-russian-superyacht-auctioned-off-in-gibraltar/