A Gibraltar court announced on Tuesday that a luxurious superyacht linked to a Russian billionaire currently under EU and U.K. sanctions was sold at an auction last month for $37.5 million. The 237.8 feet (72.5-meter) long vessel, Axioma, which had been owned by oligarch Dmitry Pumpyansky, was docked in Gibraltar on March 21 and was…
Gibraltar Sells Yacht Linked to Russian Oligarch for $37.5 Million
Fire Engulfs Superyacht in British Marina
LONDON—Fire ripped through a superyacht in southwest England on Saturday, sending thick plumes of black smoke into the sky and briefly releasing the burning vessel to drift across its marina. Police and fire officials said the 85 foot (26 meter) yacht in Torquay, Devon, was “well alight” and the fire brigade said the vessel contained…
Fiji Seizes Russian Oligarch’s $300 Million Yacht at Request of US
Authorities in Fiji have seized a superyacht owned by Russian oligarch Suleiman Kerimov at the request of the United States over alleged ties to corruption, the Department of Justice (DOJ) announced on May 5. The 348-foot luxury vessel, the Amadea—worth more than $300 million—was impounded based on probable cause of violating U.S. law, money laundering,…
Russian Oligarch’s Superyacht Seized After Docking in Gibraltar
March 22, 2022
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A superyacht linked to the owner of Russia’s largest steel pipe maker, subject to sanctions by the European Union due to the Ukraine invasion, has been seized by authorities after docking in Gibraltar. Western sanctions on Russian oligarchs over Russian President Vladimir Putin’s invasion of Ukraine have triggered an exodus of luxury yachts from Europe…
Second Superyacht Infection Detected in Queensland
Queensland recorded no new locally acquired coronavirus cases on Christmas Day but a second person traveling on a superyacht in the state’s north has tested positive. The vessel arrived in Cairns from the Maldives on Monday and a female crew member in her 20s tested positive and was taken to hospital. Now a man aged…
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