Showing posts with label superyachts. Show all posts
Showing posts with label superyachts. Show all posts

Thursday, April 14, 2022

No Safe Haven for Russian SuperYachts in Dubai | SY News

Apr 12, 2022 • Shipping agents in Dubai imposing restrictions in Dubai on Russian yachts. Contractors not allowed to work with them and agents can’t do any cash deals or money transactions with them. Not sure if that’s all Russian or just sanctioned elsewhere ones.

Friday, April 01, 2022

Two New Secret Abramovich SuperYachts Discovered! | SY News

Antigua confirms Roman Abramovich owns 2 yachts moored on island Caribbean nation launched investigation after FT revealed boats’ ties to sanctions-hit Russian oligarch

Antigua’s minister of foreign affairs Paul Chet Greene said the island’s government had requested information on whether the owner of the BVI company, Wenham Overseas Limited, is on Britain’s sanctions list, in light of “persistent allegations by the Financial Times that the vessels could be owned by Mr Roman Abramovich”. The letter then confirmed that the British High Commission had provided Antiguan authorities with a letter “from the Financial Investigation Agency of the British Virgin Islands which states the beneficial owner of Wenham Overseas Ltd is Roman Abramovich”.


Wednesday, March 23, 2022

Anti-Corruption Activists Tied To Navalny Expose Putin Ownership Of Mystery Yacht

Mar 23, 2022 • Ali Velshi reports on research done by members of Alexei Navalny's anti-corruption activist group showing that a mysterious superyacht near Italy probably belongs to Vladimir Putin.

Monday, February 28, 2022

Ukrainian Sailor Arrested for Trying to Sink Oligarch’s Superyacht

THE GUARDIAN: Mechanic on Lady Anastasia, owned by Russian arms exporter, sought revenge for attacks on Kyiv

Lady Anastasia, pictured in Palamos harbour in Catalonia, is owned by Alexander Mikheev, head of Rosoboronexport. Photograph: Dieter Wanke/Alamy

A Ukrainian sailor has been arrested in Mallorca and faces charges of attempting to sink a yacht owned by Alexander Mikheev, the CEO of the Russian arms exporter Rosoboronexport and former head of the Russian helicopter federation. The boat is moored in the harbour of Port Adriano.

The unnamed man, who has been employed for the past 10 years as a mechanic on the Lady Anastasia, Mikheev’s 48-metre, £5m yacht, said he felt he had to do something after seeing footage of a Russian rocket attack on a block of flats in Kyiv, his home town. The defendant told the judge that he believed the rocket had been manufactured by Mikheev’s company.

Once on board the vessel he told the crew members, most of whom are also Ukrainians, to abandon ship. He allegedly then went to the engine room and opened a large valve in an attempt to sink the yacht. The crew members, aided by port staff, intervened to prevent the sinking. » | Stephen Burgen in Barcelona | Monday, February 28, 2022

Sunday, December 12, 2021

Sailing Away: Superyacht Industry Booms during Covid Pandemic

THE GUARDIAN: Record-breaking number of vessels being built or on order worldwide, despite environmental concerns

More than 1,200 superyachts are slated to be built – a rise of 25% on last year. Photograph: Albert Gea/Reuters

In an era of environmental awareness and conspicuous displays of sustainability, you might not expect a rise in the number of people with the means and appetite for a £50m floating fortress of solitude.

But, in part because of the coronavirus crisis, the superyacht industry is booming – and the number of vessels under construction or on order worldwide has hit a new record. According to figures revealed in the latest edition of Boat International’s Global Order Book, more than 1,200 superyachts are slated to be built – a rise of 25% on last year.

“The market’s never been busier,” said Will Christie, a superyacht broker. “And I’ve been in the industry 20 years. A lot of people say they appreciate the safety of being on a yacht during the pandemic. But it’s also because whereas in previous eras the people with enough money were too busy in the office to justify the purchase, these days they can work from anywhere.

“I had one client who sent his trading terminals by plane so he could use them onboard – he’d be kitesurfing in the afternoon and then go back to his desk.”

Christie said shipyard order books were typically full until 2025 – meaning clients are prepared to pay a premium to take over someone else’s slot if it can be delivered years earlier. He argued that the ability to transport your holiday home to a different location at a moment’s notice was deeply appealing. » | Archie Bland | Sunday, December 12, 2021