• Today's news
  • Reviews and deals
  • Climate change
  • 2024 election
  • Fall allergies
  • Health news
  • Mental health
  • Sexual health
  • Family health
  • So mini ways
  • Unapologetically
  • Buying guides

Entertainment

  • How to Watch
  • My watchlist
  • Stock market
  • Biden economy
  • Personal finance
  • Stocks: most active
  • Stocks: gainers
  • Stocks: losers
  • Trending tickers
  • World indices
  • US Treasury bonds
  • Top mutual funds
  • Highest open interest
  • Highest implied volatility
  • Currency converter
  • Basic materials
  • Communication services
  • Consumer cyclical
  • Consumer defensive
  • Financial services
  • Industrials
  • Real estate
  • Mutual funds
  • Credit cards
  • Balance transfer cards
  • Cash back cards
  • Rewards cards
  • Travel cards
  • Online checking
  • High-yield savings
  • Money market
  • Home equity loan
  • Personal loans
  • Student loans
  • Options pit
  • Fantasy football
  • Pro Pick 'Em
  • College Pick 'Em
  • Fantasy baseball
  • Fantasy hockey
  • Fantasy basketball
  • Download the app
  • Daily fantasy
  • Scores and schedules
  • GameChannel
  • World Baseball Classic
  • Premier League
  • CONCACAF League
  • Champions League
  • Motorsports
  • Horse racing
  • Newsletters

New on Yahoo

  • Privacy Dashboard

Germany seized the world's largest mega-yacht worth $600 million belonging to Russian oligarch Alisher Usmanov, according to Forbes report

  • Oops! Something went wrong. Please try again later. More content below

Sanctions against Russia and its oligarchs have been implemented by several countries.

A Russian billionaire had his yacht seized by German authorities Wednesday, according to Forbes.

Alisher Usmanov has spoken highly of Russian President Vladimir Putin in the past.

Germany seized Russian billionaire Alisher Usmanov's mega-yacht on Wednesday, according to Forbes, which cited multiple unnamed sources.

Usmanov's yacht, which has been docked in Hamburg, Germany, for months for a refitting, is the first to be seized since Russia's attack on Ukraine began on February 24.

Dilbar, a 512-foot yacht that weighs 15,917 tons, "is the largest motor yacht in the world by gross tonnage," according to Lürssen , the German ship's maker.

Usmanov bought the custom-built yacht for an estimated $600 million and it took 52 months to build, according to Forbes.

Video: How the 1999 Russian apartment bombings led to Putin's rise to power

The US State Department was unable to confirm to Insider if the yacht was indeed seized. Usmanov and Germany's   Federal Foreign Office did not immediately respond to Insider's request for comment.

Many countries, including the US and the European Union , have implemented sanctions — financial consequences applied by one party to another — against Russian banks, Russian oligarchs, and even Russian President Vladimir Putin, in an effort to end the country's full-scale invasion of Ukraine.

Usmanov's assets were frozen as part of sanctions levied by the European Union, according to the Guardian. After the European Union announced sanctions against Usmanov and other Russian oligarchs, he stepped down as President of the International Fencing Federation, one of his companies.

"I believe that such a decision is unfair, and the reasons employed to justify the sanctions are a set of false and defamatory allegations damaging my honor, dignity, and business reputation," Usmanov said in a statement on the company's website.

"I hereby suspend the exercise of my duties as the President of the International Fencing Federation effective immediately until justice is restored," he added.

The oligarch has historically supported Russian President Vladimir Putin, though he has not commented on the current attack on Ukraine.

"I am proud that I know Putin, and the fact that everybody does not like him is not Putin's problem," the Uzbekistan-born oligarch told Forbes in a 2010 interview .

Read the original article on Business Insider

Recommended Stories

Dolphins owner stephen ross reportedly declined $10 billion for team, stadium and f1 race.

The value of the Dolphins and Formula One racing is enormous.

Benches clear as Red Sox's Chris Martin takes exception to Brewers bunting on him

An argument between Boston Red Sox reliever Chris Martin and Milwaukee Brewers first base coach Quintin Berry caused a bench-clearing confrontation at Fenway Park on Sunday.

Stan Van Gundy reveals wife died by suicide in August: 'I just don't think I'll ever get over it'

Kim Van Gundy's obituary only said she died 'unexpectedly.'

Caitlin Clark lands dagger for first career WNBA win after 0-5 start

Clark has her first WNBA win, thanks to her first WNBA dagger.

California launching pilot program to charge drivers for miles driven

California will soon begin testing a pilot program that will tax drivers based on the miles they log to offset the loss of gas tax revenues from EVs.

Some Americans live in a parallel economy where everything is terrible

Many Americans mistakenly think the economy is shrinking and the stock market is tanking. What gives?

WWE King and Queen of the Ring 2024 results, grades and analysis: Cody Rhodes defeats Logan Paul to retain Undisputed WWE Championship

WWE King and Queen of the Ring took place Saturday in Saudi Arabia. There were three championship contests on the six-match card Saturday, but only one title changed hands.

Charles Barkley calls TNT leaders 'clowns,' suggests his production company could take over 'Inside The NBA'

Charles Barkley wants to keep the crew together.

NBA playoffs: Luka Dončić, Mavericks power past Anthony Edwards to take a 3-0 lead over Timberwolves

The Mavericks are now just one win away from their first NBA Finals trip since 2011.

This woman bought a four-bedroom, two-bathroom house for $135,000. In the Midwest, it's still possible.

The Midwest is a rare bright spot in the housing market, with affordable listings and low competition in attractive communities.

The Cheap Seats: How much should fantasy baseball managers worry about struggling stars?

Scott Pianowski covers some big names not delivering what was expected and more in his latest mailbag.

Braves' MVP OF Ronald Acuña Jr. tears ACL vs. Pirates, done for season

Acuña fell to the turf while running on the base paths.

Pick up Oprah's fave crossbody bag — it's just $36 with our exclusive code

'It can hold all your essentials,' the media maven gushes. 'And hooray for all the color options!'

UFC Vegas 92: Piera Rodríguez DQ'd for multiple illegal headbutts vs. Ariane Carnelossi

Rodríguez was warned by the ref to watch her head. She responded by headbutting her opponent even harder.

NBA playoffs: Standout Mavericks rookie Dereck Lively II leaves Game 3 vs. Timberwolves after violent knee to head

Derek Lively was woozy after the back of his head collided with Karl-Anthony Towns' knee.

'Bridgerton' Season 3 teases a spicy second half. Why Nicola Coughlan's sex scenes matter.

The sizzling onscreen romance has fans cheering for plus-size representation in the romantic lead.

Homeowners hit pause on remodels as costs get 'just ridiculous'

Two of the nation’s top home improvement retailers reported this month that consumers are spending less on big-ticket projects.

Auburn RB Brian Battie critically wounded in Sarasota shooting

Battie's older brother Tommie was killed and three others were shot early Saturday morning .

Astros pitcher Ronel Blanco receives 10-game suspension after foreign-substance ejection in win over A's

Ronel Blanco, who threw a no-hitter earlier this year, said Tuesday that he would appeal the suspension.

Under Armour is collapsing — And Kevin Plank has to take the blame

The Under Armour meltdown continues.

  • Skip to main content
  • Keyboard shortcuts for audio player

A Russian oligarch's $325M superyacht has been seized in Fiji

The Associated Press

largest yacht in the world seized

The superyacht Amadea is docked at the Queens Wharf in Lautoka, Fiji, on April 15. The vessel, which U.S. authorities say is owned by a Russian oligarch previously sanctioned for alleged money laundering, has been seized by law enforcement in Fiji, the U.S. Justice Department announced Thursday. Leon Lord/Fiji Sun via AP, File hide caption

The superyacht Amadea is docked at the Queens Wharf in Lautoka, Fiji, on April 15. The vessel, which U.S. authorities say is owned by a Russian oligarch previously sanctioned for alleged money laundering, has been seized by law enforcement in Fiji, the U.S. Justice Department announced Thursday.

WASHINGTON — A superyacht that American authorities say is owned by a Russian oligarch previously sanctioned for alleged money laundering has been seized by law enforcement in Fiji, the U.S. Justice Department announced Thursday.

A judge in Fiji earlier in the week permitted U.S. authorities to seize the yacht Amadea — worth $325 million — but also put his order temporarily on hold while defense lawyers mounted a challenge.

Germany seizes the world's largest yacht (at least according to volume)

Ukraine invasion — explained

Germany seizes the world's largest yacht (at least according to volume).

The Justice Department said authorities in Fiji, acting at the request of the United States, have now served a search warrant freezing the yacht, which had earlier been prevented from leaving the South Pacific nation.

American officials say the 348-foot vessel belongs to Suleiman Kerimov , an economist and former Russian politician who was sanctioned by the U.S. Treasury Department in 2018 and has faced further censure from Canada, Europe, Britain and other nations after Russia invaded Ukraine.

U.S. Hits Russian Oligarchs And Officials With Sanctions Over Election Interference

The Two-Way

U.s. hits russian oligarchs and officials with sanctions over election interference.

Kerimov made a fortune investing in Russian gold producer Polyus, with Forbes magazine putting his net worth at $14.5 billion.

Defense lawyers had claimed the yacht actually belonged to another Russian oligarch.

In an application in support of the search warrant, an FBI agent wrote that there was probable cause to believe that Kerimov had owned the Amadea since 2021. The vessel, which is flagged in the Cayman Islands, had turned off its automated information system on Feb. 24, the day Russia launched its invasion of Ukraine.

How 'shock therapy' created Russian oligarchs and paved the path for Putin

Planet Money

How 'shock therapy' created russian oligarchs and paved the path for putin.

A Russian oligarch's $90 million yacht is seized as part of U.S. sanctions

National Security

A russian oligarch's $90 million yacht is seized as part of u.s. sanctions.

The Justice Department said the seizure was coordinated by its KleptoCapture task force , which was created in March to seize assets belonging to sanctioned Russian oligarchs. In April, the Justice Department seized a 254-foot yacht in Spain owned by an oligarch, Viktor Vekselberg, with close ties to Russian President Vladimir Putin.

In a statement, Attorney General Merrick Garland said the latest seizure "should make clear that there is no hiding place for the assets of individuals who violate U.S. laws. And there is no hiding place for the assets of criminals who enable the Russian regime."

The Justice Department said the yacht is now in Lautoka, Fiji.

largest yacht in the world seized

Germany seizes the world's largest yacht (at least according to volume)

The luxury superyacht Dilbar sails off the coast of Monaco in 2017.

German authorities have seized the world's largest yacht by volume after determining that a Russian oligarch had transferred its ownership to his sister — who is also facing Western sanctions.

Dilbar, the yacht in question, measures some 511 feet and 15,917 tons, which shipbuilder Lurssen says makes it the largest motor yacht in the world by gross tonnage. It has two helipads and one of the biggest indoor pools ever installed on a yacht, according to the U.S. Treasury Department , which puts its estimated worth between $600 and $735 million.

The superyacht is named after the mother of its original owner: Alisher Usmanov, one of Russia's wealthiest billionaires and a known close associate of the Russian president. Usmanov was sanctioned by the U.S., United Kingdom., European Union and Switzerland in March, following Russia's invasion of Ukraine.

Germany's federal police tweeted Wednesday that it found, "through extensive investigations despite offshore concealment," that the yacht currently belongs to Usmanov's sister, Gulbakhor Ismailova. Authorities impounded the yacht, which remains at the port of Hamburg , after confirming with Brussels that its owner is under sanctions.

A Russian billionaire's superyacht has been impounded in Hamburg, Germany. Harsh sanctions in response to the invasion of #Ukraine brought the estimated $600-750 million yacht Dilbar out of 'offshore concealment', and into the hands of authorities. pic.twitter.com/GYkH6SmQk2 — German Embassy (@GermanyinUSA) April 14, 2022

Ismailova was sanctioned by the U.K. on Wednesday and the EU last week. Both entities said Usmanov had indirectly transferred assets to his sister, including leaving her as Dilbar's only beneficial owner.

"The owner of the yacht 'Dilbar' is Navis Marine Ltd. (Cayman Islands), whose shareholder is Almenor Holdings Ltd. (Cyprus). All shares in that holding company are held by PomerolCapital SA (Switzerland) in trust for the benefit of 'The Sisters Trust,' " EU officials explained, adding that Usmanov has not been a shareholder of that trust company since 2017.

Ismailova has also been linked to luxury real estate in Italy and Latvia associated with Usmanov, the EU said, and therefore has "actively supported materially or financially Russian decision-makers responsible for the annexation of Crimea and the destabilisation of Ukraine."

Dilbar made headlines in early March , when Hamburg officials denied conflicting reports that they had seized the superyacht and said any such move would have to come from higher federal customs authorities.

According to Boat International, Dilbar is also the fourth-longest yacht in the world. It can accommodate up to 96 crew members as well as 24 guests in a large living space, which includes fold-out balconies, an onboard garden (with "a specifically developed variety of grass that tolerates salt air") and more than 1,000 custom-made sofa cushions.

This story originally appeared in the Morning Edition live blog .

Copyright 2022 NPR. To see more, visit https://www.npr.org.

an image, when javascript is unavailable

Russian Oligarch’s Superyacht Reportedly Seized in Germany

By Daniel Kreps

Daniel Kreps

One of the world’s largest yachts, owned by a Russian oligarch who faces sanctions following the invasion of Ukraine , was reportedly seized Wednesday by German authorities, marking one of the first super-yachts to be seized as Europe and the U.S. crack down on the Russian billionaires within Vladimir Putin’s orbit.

Russian billionaire Alisher Usmanov’s custom-built 512-foot yacht Dilbar — which Usmanov purchased in 2016 for $600 million and was, at one point, the largest yacht in the world by tonnage — was seized two days after the European Union announced plans to sanction the oligarch, Forbes reports . The Dilbar was docked in Hamburg, Germany, where it was undergoing a refitting job since October 2021, adding that shipbuilders that were working on the Dilbar didn’t show up for work Wednesday because the German government had taken the yacht. (Hamberg’s government has denied that they seized any property. “No yachts have been confiscated,” a spokesperson told The Guardian . “A handover [of the yacht to its owner] is also currently not planned. No yacht is going to leave the port that is not allowed to do so.”)

According to Reuters , since the announcement of sanctions against Russian oligarchs, a handful of their superyachts have made their way to the Maldives, which does not have extradition agreements in place with the U.S. “This coming week, we will launch a multilateral Transatlantic task force to identify, hunt down, and freeze the assets of sanctioned Russian companies and oligarchs — their yachts, their mansions, and any other ill-gotten gains that we can find and freeze under the law,” the White House previously warned.

The Boos Have It. Trump Ruled Ineligible for Libertarian Nomination

See bradley cooper join pearl jam to sing 'maybe it's time' at bottlerock, the black keys cancel upcoming north american leg of international players tour, 'liar' 'panderer' libertarians relentlessly boo and heckle trump.

Usmanov — who the U.S. Senate called a “ senior member of Vladimir Putin’s inner circle ” while attempting to sanction him under the Foreign Corrupt Practices Act in 2018 — reportedly has a multi-billion dollar empire that includes metals giant Metalloinvest, the Russian cellphone giant MegaFon, consumer electronics firm Xiaomi, as well as estates throughout Europe. Forbes reports that Usmanov was also among Facebook’s earliest investors.

The European Union announced plans to blacklist Usmanov and prohibit his travel throughout the continent as part of the sanctions against Russian oligarchs amid the invasion of Ukraine.  

Also on Wednesday, the Everton F.C. in the English Premier League severed its sponsorship deal with three Usmanov-owned companies, ESPN reported . This past weekend Roman Abramovich, another alleged Putin associate, handed over stewardship of the Chelsea soccer team to his charitable trust before the U.K. could impose any sanctions on him; Abramovich is now attempting to sell the soccer team ahead of any longterm sanctions against him.

March 3, 10:30 a.m.: This story has been updated to include comment from the Hamburg government.

Who Is 'MultiVersus' For, Anyway?

  • Game Preview
  • By Christopher Cruz

Sasha Jane Lowerson Made History as the First Trans Pro Surfer. She's Just Getting Started

  • By Miles Klee

Google's AI Overview Is Spreading Conspiracies and Could Encourage Self-Harm

  • Seems Legit?
  • By Tim Dickinson

'The Floodgates Opened': How Paul Scheer Confronted Childhood Trauma in His New Memoir

  • By Emily Zemler

Father's Day Gifts for the Dad That Has Everything

  • By Rolling Stone

Most Popular

Morgan spurlock, 'super size me' director, dies at 53, matthew perry death sparks dea, lapd joint criminal investigation, prince william & kate middleton are 'deeply upset' about the timing of the sussexes' brand relaunch, diddy yelled "like a lunatic" at chaka khan and had her son beat up, alleges her daughter, you might also like, china box office: ‘the last frenzy’ keeps theatrical lead as momentum slows further, exclusive: cartier unveils new high jewelry collection with deepika padukone as its face, the best yoga mats for any practice, according to instructors, ted sarandos to creatives: ai won’t ‘take your job,’ but a ‘person who uses ai well might’, newgarden repeats as indy 500 winner; castroneves finishes 20th.

Rolling Stone is a part of Penske Media Corporation. © 2024 Rolling Stone, LLC. All rights reserved.

Verify it's you

Please log in.

Yachting World

  • Digital Edition

Yachting World cover

World’s largest sailing yacht, Sailing Yacht A, seized

Helen Fretter

  • Helen Fretter
  • March 12, 2022

The world's largest sailing yacht, Sailing Yacht A, has been seized by Italian authorities after its Russian owner was placed on a sanctions list

largest yacht in the world seized

Italian authorities have seized the largest sail-assisted superyacht ever built, the 143m (470ft) Sailing Yacht A, Italian news outlets are reporting.

According to the Reuters news agency in Rome, the Italian prime minister’s office confirmed this morning (Saturday, March 12) that the yacht had been seized after owner, Russian billionaire Andrey Igorevich Melnichenko, was placed on an EU sanctions list following Russia’s invasion of Ukraine.

The Philippe Starck-designed  Sailing Yacht A is one of the most of the distinctive yachts ever built . At 143m (470ft) long it features eight decks, and a 20m freeboard.

The hull has a maximum beam of 24.8m and includes 24 shell doors

Sailing Yacht A has a beam of 24.8m and a 20m freeboard

It was built by Nobiskrug in Germany and launched in 2016. It carries three of the world’s largest carbon rigs, which are unstayed and rotating, with over 3,700 square metres of sails set via an in-boom furling system. It also features a gimballed crow’s nest, accessible by lift, 60m high in one of the curved masts, an observation pod embedded in the keel and a three-man submarine.

The hull has a maximum beam of 24.8m and includes 24 shell doors concealed within it.

It was built under strict non-disclosure agreements, but has been reported to have a price tag of around €530 million ($578 million).

The yacht is reported to have been sequestered at the northern port of Trieste, following sanctions imposed on its owner. Melnichenko owns the fertiliser producer EuroChem Group and coal company SUEK.

Several high profile superyachts belonging to Russian oligarchs have been seized across Europe in the past week, although this is the first sailing vessel of its kind to be impounded.

U.S. seizes mega yacht owned by oligarch with close ties to Putin

PALMA DE MALLORCA, Spain — The U.S. government seized a mega yacht in Spain owned by an oligarch with close ties to the Russian president on Monday, the first in the government’s sanctions enforcement initiative to “seize and freeze” giant boats and other pricey assets of Russian elites .

Spain’s Civil Guard and U.S. federal agents descended on the yacht at the Marina Real in the port of Palma de Mallorca, the capital of Spain’s Balearic Islands in the Mediterranean Sea. Associated Press reporters at the scene saw police going in and out of the boat on Monday morning.

The seizure was confirmed by two people familiar with the matter. The people could not discuss the matter publicly and spoke to AP on condition of anonymity. A Spanish Civil Guard spokesman confirmed that officers from the Spanish police body and from the FBI were at the marina searching the vessel Monday morning and said further details would be released later.

A Civil Guard source told The Associated Press that the immobilized yacht is Tango, a 78-meter (254-feet) vessel that carries Cook Islands flag and that  Superyachtfan.com , a specialized website that tracks the world’s largest and most exclusive recreational boats, values at $120 million. The source was also not authorized to be named in media reports and spoke to AP on condition of anonymity.

The yacht is among the assets linked to Viktor Vekselberg, a billionaire and close ally of Russian President Vladimir Putin who heads the Moscow-based Renova Group, a conglomerate encompassing metals, mining, tech and other assets, according to U.S. Treasury Department documents. All of Vekselberg’s assets in the U.S. are frozen and U.S. companies are forbidden from doing business with him and his entities.

The move is the first time the U.S. government has seized an oligarch’s yacht since Attorney General Merrick Garland and Treasury Secretary Janet Yellen assembled a task force known as REPO — short for Russian Elites, Proxies and Oligarchs — as an effort to enforce sanctions after Russia invaded Ukraine in late February.

Vekselberg has long had ties to the U.S. including a green card he once held and homes in New York and Connecticut. The Ukrainian-born businessman built his fortune by investing in the aluminum and oil industries in the post-Soviet era.

Vekselberg was also questioned in special counsel Robert Mueller’s investigation into Russian interference in the 2016 U.S. presidential election and has worked closely with his American cousin, Andrew Intrater, who heads the New York investment management firm Columbus Nova.

Vekselberg and Intrater were thrust into the spotlight in the Mueller probe after the attorney for adult film star Stormy Daniels released a memo that claimed $500,000 in hush money was routed through Columbus Nova to a shell company set up by Donald Trump’s personal attorney, Michael Cohen. Columbus Nova denied that Vekselberg played any role in its payments to Cohen.

Vekselberg and Intrater met with Cohen at Trump Tower, one of several meetings between members of Trump’s inner circle and high-level Russians during the 2016 campaign and transition.

The 64-year-old mogul founded Renova Group more than three decades ago. The group holds the largest stake in United Co. Rusal, Russia’s biggest aluminum producer, among other investments.

Vekselberg was first sanctioned by the U.S. in 2018, and again in March of this year, shortly after the invasion of Ukraine began. Vekselberg has also been sanctioned by authorities in the United Kingdom.

The U.S. Justice Department has also launched a sanctions enforcement task force known as KleptoCapture , which also aims to enforce financial restrictions in the U.S. imposed on Russia and its billionaires, working with the FBI, Treasury and other federal agencies. That task force will also target financial institutions and entities that have helped oligarchs move money to dodge sanctions.

The White House has said that many allied countries, including German, the U.K, France, Italy and others are involved in trying to collect and share information against Russians targeted for sanctions. In his State of the Union address, President Joe Biden warned oligarch that the U.S. and European allies would “find and seize your yachts, your luxury apartments, your private jets.”

“We are coming for your ill-begotten gains,” he said.

Wednesday’s capture is not the first time Spanish authorities have been involved in the seizure of a Russian oligarch’s superyacht. Officials there said they had seized a vessel valued at over $140 million owned by the CEO of a state-owned defense conglomerate and a close Putin ally.

French authorities have also seized superyachts, including one believed to belong to Igor Sechin, a Putin ally who runs Russian oil giant Rosneft, which has been on the U.S. sanctions list since Russia annexed Crimea in 2014.

Italy has also seized several yachts and other assets.

Italian financial police moved quickly seizing the superyacht “Lena” belonging to Gennady Timchenko, an oligarch close to Putin, in the port of San Remo; the 65-meter (215-foot) “Lady M” owned by Alexei Mordashov in nearby Imperia, featuring six suites and estimated to be worth 65 million euros; as well as villas in Tuscany and Como, according to government officials.

Para reported from Madrid and Balsamo reported from Washington.

  • Environment
  • Road to Net Zero
  • Art & Design
  • Film & TV
  • Music & On-stage
  • Pop Culture
  • Fashion & Beauty
  • Home & Garden
  • Things to do
  • Combat Sports
  • Horse Racing
  • Beyond the Headlines
  • Trending Middle East
  • Business Extra
  • Culture Bites
  • Year of Elections
  • Pocketful of Dirhams
  • Books of My Life
  • Iraq: 20 Years On

Which Russian-linked superyachts have been seized and where?

These luxury vessels are worth hundreds of millions of dollars and are owned by or suspected to be linked to sanctioned russian elites.

Superyacht 'Amore Vero', which French authorities say is linked to the chief executive of Rosneft, a Russian energy company, moored near Marseille, France. Reuters

Superyacht 'Amore Vero', which French authorities say is linked to the chief executive of Rosneft, a Russian energy company, moored near Marseille, France. Reuters

Nada AlTaher author image

Since the beginning of the Russian invasion of Ukraine on February 24, the international community has issued sanctions and taken other punitive measures against Russian officials and oligarchs .

As a result, superyachts and other assets worth hundreds of millions of dollars belonging to some of Russia's wealthiest people have been seized or detained.

While the US and other western allies have continued to pursue action against wealthy Russians, vessel-tracking websites have shown a large number of luxury yachts leaving Europe in recent weeks to destinations such as the Maldives, which has no extradition treaty with Washington.

Here are the Russian-linked superyachts that have been detained so far.

'Axioma', a superyacht belonging to Russian oligarch Dmitrievich Pumpyansky who is on the EU's sanctions list, docks at a port in Gibraltar. Reuters

Russian link: This vessel belongs to Russia's largest steel pipe maker, billionaire Dmitrievich Pumpyansky , who has been sanctioned by the EU.

Date held: On March 21, the Axioma docked in Gibraltar and was subsequently detained by authorities.

Size: The yacht is 72 metres long and is owned by British Virgin Islands company Pyrene Investments, of which Mr Pumpyansky is believed to be a beneficiary.

Flag: The vessel was travelling under a Maltese flag.

Little Bear I and Little Bear II

A cyclist rides past the 24-metre-long 'La Petite Ourse', belonging to Russian oligarch Alexei Kuzmichev, which is docked in the harbour of Antibes, south of France. AFP

Russian connection: Alexey Kuzmichev, 59, is a main shareholder of the Alfa Group. In a March 15 announcement, the EU said Mr Kuzmichev has “well-established ties to the Russian president”. His two yachts, Little Bear I and Little Bear II, are together worth more than $100 million.

Date held: The two yachts were seized on March 22 in France's Cannes and Antibes.

Size: Little Bear I is 17 metres long and worth $22m while Little Bear II is 26 metres long and is worth $77m.

Superyacht 'Amore Vero', which French authorities have said is linked to Rosneft's chief executive, is seen at La Ciotat Port near Marseille, France.  Reuters

Russian connection: Although unconfirmed, the Amore Vero is believed to have links to sanctioned Russian chief executive of oil company Rosneft Igor Sechin, whom the EU calls one of Russian President Vladimir Putin's “most trusted and closest advisers” and one of the “most powerful members of Russian political elite".

Date held: French authorities said they seized the Amore Vero on March 4 as it was attempting to leave French territorial waters. A statement by the French Ministry of Economy said the vessel was scheduled for repairs which would last for three months but “was making arrangements to sail urgently” without completing the work.

Size: The 86-metre-long vessel is valued at $120m.

Superyacht 'Crescent', which has been detained by Spanish authorities, is seen docked at Marina Port Tarraco in Tarragona, Spain. Reuters

Russian connection: Also believed to belong to Igor Schin, the Crescent was detained by Spanish authorities while docked in the Mediterranean port city of Tarragona. Authorities said they will hold the yacht until they determine its true owner.

Date held: It was seized on March 16 although it was scheduled to depart on March 4, but never did.

Size: At 135 metres long, this yacht is considered one of the biggest in the world and was sailing under a Cayman Islands flag. Specialist website SuperYachtFan estimates the vessel to be worth $600m.

Lady Anastasia

The yacht called 'Lady Anastasia', owned by Russian oligarch Alexander Mikheyev, is seen at Port Adriano on the Spanish island of Mallorca. Reuters

Russian connection: Also in Spain's Mallorca, authorities retained the Lady Anastasia, which belongs to Russian oligarch Alexander Mikheyev, general director of Russia's Rosoboronexport, a state-owned defence exporter. The vessel was partially sunk by a Ukrainian worker on board in protest of the Russian invasion and the suspected owner's involvement in supplying arms to the war effort.

Date held: On March 15, local media said authorities were sealing the boat and keeping it from leaving.

Size: At 47 metres long, the boat is estimated to be worth $7.15m and is sailing under the flag of St Vincent and Grenadines.

The superyacht 'Valerie', which was seized by the Spanish government, is moored in Barcelona, Spain. Bloomberg

Russian connection: In yet another seizure by Spanish authorities, this time in Barcelona, the Valerie is believed to be linked to Russian aerospace and defence conglomerate chief Sergei Chemezov , who owns Rostec. He has been sanctioned by the US.

Date held: The Valerie was detained on March 15 for belonging to what the Spanish Prime Minister Pedro Sanchez called “one of the principal oligarchs” of Russia. “There will be more,” Mr Sanchez said on national television. The vessel was undergoing repairs at the time it was captured.

Size: The 85-metre-long boat is estimated to be worth $140m.

Sailing Yacht A

'Sailing Yacht A' owned by Russian tycoon Andrey Melnichenko is seen in front of Monaco harbour. Reuters

Russian connection: Owned by Russian billionaire Andrey Igorevich Melnichenko , the enormous vessel was seized by Italian police in the port of Trieste.

Date held: Authorities detained the ship on March 12.

Size: At a whopping 142 metres long, Sailing Yacht A is one of only three sailing yachts longer than 100 metres and is the world's largest private sail-assisted motor yacht. Currently under the flag of Isle of Man, the vessel is estimated to be worth $600m by specialised publication SuperYachtFan .

Lady M and Lena

A view of the yacht 'Lady M', owned by Russian oligarch Alexei Mordashov, where it is docked at Imperia's harbour, Italy. AP

Russian connection: Also in Italy, police detained the Lady M owned by steel tycoon and the so-called richest man in Russia, Alexey Mordashov , in the port of Imperia. The Lena yacht belonging to Gennady Timchenko, a Russian oil and gas mogul, was “blocked” in Sanremo.

Date held: Authorities took over the vessels on March 4.

Size: The Lady M is 65 metres long and is estimated to cost $55m. Less is known about the Lena which Italian officials say is 42 metres long.

Quantum Blue

The 'Quantum Blue', Russian billionaire Sergei Galitsky's yacht, docked in the port of Monaco. AFP

Russian connection: The Quantum Blue is owned by a company linked to Russian billionaire Sergei Galitsky, who heads Rosneft — making him the second company executive to be affected by the boat seizures. The vessel was seized in south of France in Monaco's port Hercule.

Date held: Authorities took over the boat on March 3.

Size: The 104-metre-long vessel is estimated to cost $250m.

The 'Dilbar', a luxury yacht owned by Russian billionaire Alisher Usmanov, sails in the Bosphorus in Istanbul, Turkey. Reuters

Russian connection: The Dilbar is owned by Russian billionaire Alisher Usmanov , who named the boat after his mother. It was seized by German authorities in Hamburg. It is the largest yacht in the world by interior volume.

Date held: The vessel was detained on March 3 in a decision that Mr Usmanov called “unfair” and “defamatory".

Size: The 156-metre-long yacht is estimated to be worth $800m.

Quiz of the week

clock This article was published more than  2 years ago

Spain impounds a third superyacht amid E.U. crackdown on Russian oligarchs

largest yacht in the world seized

Spanish authorities have impounded a third superyacht believed to belong to a Russian oligarch, a seizure that is part of a global crackdown on those seen to support Russia’s invasion of Ukraine.

The Crescent, a yacht registered in the Cayman Islands, had requested to depart the Spanish Port of Tarragona on March 4, authorities said, but it did not set sail. The 443-foot yacht has an estimated value of about $600 million, according to SuperyachtFan , a website tracking luxury yachts, which cited its owner as an “unknown billionaire.”

Governments all over the world are working to identify and freeze the assets of Russian elites and their family members, including luxury apartments, money and yachts. Online sleuths are watching their moves, tweeting names, locations, ownership and the latest status of yachts owned by Russian oligarchs.

The Crescent is supersized even by global elite benchmarks — few of the world’s biggest yachts measure more than 400 feet . It was built by the German shipyard Lürssen , which constructs many of the largest yachts, and reportedly features a retractable helicopter hangar and a big glass-bottomed pool.

Schadenfreude at sea: The Internet is watching with glee as Russian oligarchs’ yachts are seized

Spain’s Transportation Ministry said it was collecting information “to confirm the real ownership” of the vessel and whether control of the ship corresponds to an individual on the list of people and entities sanctioned by the European Council over the war in Ukraine. If it turns out to belong to someone on the sanctions list, it will be “immobilized,” officials said.

GET CAUGHT UP Summarized stories to quickly stay informed

How Florida’s abortion law is affecting East Coast abortion clinics

How Florida’s abortion law is affecting East Coast abortion clinics

In France, two young politicians are in a bitter fight over the future of Europe

In France, two young politicians are in a bitter fight over the future of Europe

Schools that never needed AC are now overheating. Fixes will cost billions.

Schools that never needed AC are now overheating. Fixes will cost billions.

World Central Kitchen draws criticism for its neutrality in Gaza

World Central Kitchen draws criticism for its neutrality in Gaza

A Black rising star lost his elite orchestra job. He won’t go quietly.

A Black rising star lost his elite orchestra job. He won’t go quietly.

Spanish authorities said that so far this week, they have seized the Valerie, in the Port of Barcelona, ​​and the Lady Anastasia in Majorca’s Port Adriano. The former is suspected to be owned by Sergey Chemezov, a longtime ally of Russian President Vladimir Putin and a subject of Western sanctions. Chemezov is the head of Rostec, a Russian industrial and military conglomerate.

The United States and its allies have said they will not fight the Russian military directly or support Ukraine’s request for a no-fly zone , which U.S. officials fear could lead to broader war with a nuclear-armed superpower. But they are waging an economic war against the Putin-connected Russian super-elite .

Russian superyachts and aircraft barred from New Zealand under new sanctions

Protesters this week broke into a white stucco mansion in central London belonging to the family of a Russian oligarch, unfurled a Ukrainian flag, and declared the property “liberated” and ready for refugees. Even countries as far as New Zealand have said Russian superyachts and aircraft would be barred from entering its waters and airspace under new sanctions legislation passed in response to the Kremlin invasion.

largest yacht in the world seized

From yachts to lavish estates, tracking Russian assets seized so far

Tal Yellin

By Tal Yellin , CNN

Published April 13, 2022

Updated April 27, 2022

Countries are on the hunt for sanctioned Russian assets after Russia’s invasion of Ukraine in February. Thousands of Russians have since been sanctioned by the United States, the European Union, and the United Kingdom, among others. Superyachts and multimillion-dollar properties have already been seized or frozen by authorities in Italy, France, Spain, the UK and Gibraltar. The United States has also launched KleptoCapture, a task force focused on those who violate sanctions and the seizing of their assets.

This interactive will continue to track known developments and help show where sanctioned Russians park their money outside of Russia. Except for Igor Sechin and Sergei Chemezov, no other oligarchs or related persons mentioned in this story responded to requests for comment from CNN.

largest yacht in the world seized

Real estate

Other assets

April 14, 2022

“dilbar”  linked to    alisher usmanov   valued at $600-$750 million in hamburg, germany.

largest yacht in the world seized

Germany has impounded the “Dilbar,” a superyacht connected to a Russian oligarch in Hamburg, the country’s embassy in the US tweeted . The yacht belongs to the sister of Alisher Usmanov and is worth between $600 to $750 million, according to the German Federal Criminal Police Office. Usmanov is one of Russia’s wealthiest billionaires with vast domestic and international holdings. The US government sanctioned him in early March in a campaign targeting Putin’s allies, stating Usmanov is alleged to have “financial ties” to Putin. In March, Italy’s financial police seized his real estate and assets worth about $90 million. Usmanov has also been sanctioned by the European Union.

April 12, 2022

Assets  linked to    roman abramovich   valued at over $7 billion in jersey.

Authorities in the Channel island of Jersey froze more than $7 billion worth of assets “suspected to be connected to” Russian billionaire Roman Abramovich, according to a government statement . The frozen assets are either located in Jersey or owned by Jersey incorporated entities, the statement said. The States of Jersey Police also executed search warrants on premises “connected to the business activities” of Abramovich. Abramovich made his fortune in steel and investments and was sanctioned by the UK in March, citing his decades-long relationship with Vladimir Putin. In a statement at the time , the UK government noted that “he is one of the few oligarchs from the 1990s to maintain prominence under Putin.” These frozen assets represent around half his net worth, according to the Bloomberg Billionaire Index .

April 11, 2022

Properties  linked to    nikita mazepin   valued at $114.3 million in sardinia, italy.

largest yacht in the world seized

A real estate compound, “Rocky Ram,” linked to Nikita Mazepin and his oligarch father Dmitry was seized in Sardinia, the Italian financial police confirmed in a statement. The police said the properties are worth 105 million euros (about $114.3 million). Nikita, a former Formula 1 Haas team driver, and his father were included on a list of individuals sanctioned by the EU in early March. The sanction list described Mazepin Sr. as “a member of the closest circle of Vladimir Putin” saying he and 36 other ”businesspeople” met with Putin and other government officials to discuss how sanctions would affect Russia. In early March, Mazepin Sr. sold his controlling stake in Uralchem Group, one of the largest producers of nitrogen and phosphate fertilizers in Russia, and resigned as CEO from Uralchem JSC, a subsidiary, according to a company statement .

April 7, 2022

Assets  linked to    sanctioned russians   valued at $7.83 billion in switzerland.

Switzerland has so far frozen 7.5 billion Swiss francs (about $7.83 billion) of sanctioned Russian assets, according to a State Secretariat for Economic Affairs (SECO) spokesperson. The number of frozen assets increased from March 24, when 5.75 billion Swiss francs (about $6.18 billion) were initially frozen. Frozen assets include 11 properties throughout Switzerland. No identifiable information was revealed and no specific assets were mentioned in the initial statement. After Russia’s invasion of Ukraine, Switzerland broke from traditional neutrality and adopted EU sanctions.

April 5, 2022

Assets  linked to    sanctioned russians   valued at $3 billion in belgium.

Belgian authorities have frozen $3 billion in Russian assets and blocked $215 billion in transactions since the start of economic sanctions, according to Belgian Minister of Finance Vincent Van Peteghem. The frozen assets belong to 877 individuals and 62 entities on the European sanctions list, according to the statement from the Belgian Finance Ministry. The blocked transactions are the result of other restrictions imposed by the European Union on Russia.

April 4, 2022

“tango”  linked to    viktor vekselberg   valued at $90 million in mallorca, spain.

largest yacht in the world seized

Spanish authorities seized a superyacht named “Tango,” which they say is owned by Russian oligarch Viktor Vekselberg in Mallorca, according to a statement from the Spanish Civil Guard. The detained yacht was part of an operation with US federal agents and was carried out under a Spanish court order, the statement said. Vekselberg runs the Russian investment company Renova Group. He is worth approximately $16.5 billion, according to the Bloomberg Billionaires Index. He was sanctioned by the United States and is “under investigation for tax fraud, money laundering and document forgery trying to hide the ownership of this superyacht to avoid sanctions” and is “very close to (Russian President) Vladimir Putin,” the Spanish Civil Guard said. Vekselberg’s case marks the first seizure for the newly formed US task force, KleptoCapture. The yacht is 78 meters long (about 256 feet) and is valued at nearly $90 million, per the US Department of Justice.

March 29, 2022

“phi”  linked to    a russian businessman   valued at $50 million in london, england.

largest yacht in the world seized

The United Kingdom detained the “Phi” yacht belonging to an unnamed-Russian businessman with ties to Russian President Vladimir Putin and the Russian regime, according to the UK Department for Transport. The Dutch-built vessel is docked in East London’s Canary Wharf for the superyacht awards, and was planning to depart March 29. The Department of Transport claims that the ownership of the boat was “deliberately well hidden.” It sails under the Maltese flag and is registered to a company based in the Caribbean islands of St. Kitts and Nevis. The 192-foot yacht is worth approximately £38 million (about $50 million).

March 23, 2022

Assets  linked to    sanctioned russians   valued at $800 million in france.

French authorities have frozen assets linked to sanctioned Russian oligarchs valued at $800 million, according to French government spokesperson Gabriel Attal. The European Union’s latest round of sanctions in early March against Russia included measures targeting 160 oligarchs and Russian politicians. “There will be no taboo if we need to go further,” Attal said about any additional sanctions.

March 22, 2022

Assets  linked to    sanctioned russians   valued at $431 million in the netherlands.

The Netherlands has frozen nearly 392 million euros (about $431 million) in Russian assets, the Dutch Ministry of Finance told parliament in a letter seen by CNN. The ministry said that further asset freezes were expected. The European Union’s latest round of sanctions in early March against Russia included measures targeting 160 oligarchs and Russian politicians.

March 21, 2022

“axioma”  linked to    dmitry pumpyansky   valued at $75 million in gibraltar.

largest yacht in the world seized

Authorities in Gibraltar have detained the “Axioma” yacht linked to Russian billionaire Dmitry Pumpyansky, according to UK and Gibraltar government statements. Pumpyansky was sanctioned by the EU and UK and was the beneficiary of TMK PAO, Russia’s largest oil and gas steel pipe maker. He also resigned from the TMK PAO’s board of directors, the company announced . The 240-foot yacht is worth approximately $75 million, according to SuperYachtFan . Gibraltar’s ports had been closed to sanctioned individuals, but the Captain of the Port made an exception after JPMorgan Chase was granted a court order authorizing the seizure. “JPMorgan is acting pursuant to its mortgage rights,” the Gibraltar government said in a statement to CNN. JPMorgan Chase, the largest bank in the United States, said in a statement in early March it was getting out of Russia following the invasion of Ukraine, citing “compliance with directives by governments around the world.”

March 18, 2022

Real estate  linked to    alexey mordaschov   valued at $116 million in sardinia, italy.

largest yacht in the world seized

The Italian financial police seized a real estate complex belonging to Russian billionaire Alexey Mordaschov in Sardinia, according to Italy’s Prime Minister’s office. Mordaschov is the chairman of Russian mining and steel company Severstal and is one of Russia’s richest men, worth $18.5 billion, according to Forbes . The frozen real estate is worth around 105 million euros (about $116 million), per Ferdinando Giugliano, the media advisor to the Italian Prime Minister. On March 4, Mordaschov’s yacht, named “Lady M” was also seized in Italy. The 213-foot yacht is worth approximately 65 million euros (about $71 million).

March 16, 2022

“crescent”  linked to    an unknown owner   valued at $600 million in tarragona, spain.

largest yacht in the world seized

Spanish authorities have detained a superyacht, named “Crescent” in the port of Tarragona, according to a statement from Spain’s Ministry for Transport. The 135-meter yacht flies a Cayman Islands flag and has been “provisionally detained” to establish whether it is the possession of a person or entity included in the European Council’s package of sanctions, the statement said. The yacht cost approximately $600 million, according to SuperYachtFan.

Real estate  linked to    Petr Aven   valued at $4.4 million in Sardinia, Italy

The Italian financial police froze a real estate complex belonging partially to Russian oligarch Petr Aven in Sardinia, according to a statement issued by Prime Minister Mario Draghi’s press office. The share of real estate is worth approximately 4 million euros (about $4.4 million), according to the Italian Prime Minister’s office. The billionaire stepped down earlier this month as Director of Russian private bank Alfa Bank and from the board of the investment firm he co-founded, LetterOne, after being sanctioned by the EU and UK . The European Union named Aven as “one of Vladimir Putin’s closest oligarchs,” who “regularly meet” with the Russian President in the Kremlin, and “does not operate independently of the President’s demands.”

Real estate and vehicles  linked to    Alisher Usmanov   valued at $72 million in Italy

Real estate assets and six corporate vehicles belonging to Russian oligarch Alisher Usmanov were seized by the Italian financial police. The seized assets are worth approximately 66 million euros (about $72 million). Usmanov is one of Russia’s wealthiest billionaires with vast domestic and international holdings. The US government sanctioned him in early March in a campaign targeting Putin’s allies, stating he is alleged to have financial ties to Putin. Italy’s financial police had previously seized his real estate in the Golfo del Pevero area in Arzachena on March 4. Those assets are worth approximately 17 million euros (about $18 million).

March 15, 2022

“lady anastasia”  linked to    alexander mikheev   valued at $7 million in palma de mallorca, spain.

largest yacht in the world seized

Spanish authorities have detained a yacht linked to Russian oligarch Alexander Mikheev, named “Lady Anastasia,” in the port of Palma de Mallorca, according to the Spanish Ministry of Transport. Mikheev is the CEO of Rosoboronexport, the only state organization in Russia that exports weapons and was sanctioned by the EU and the US. The yacht is nearly 48 meters (157 feet) long and was in the news in late February, when a crew member tried to sink the vessel in retaliation for Russia’s invasion of Ukraine. The yacht is worth approximately $7 million, according to a listing on BOAT International.

“Valerie”  linked to    Sergei Chemezov   valued at $140 million in Barcelona, Spain

largest yacht in the world seized

Spanish authorities seized the “Valerie” yacht reportedly linked to Russian oligarch and former KGB agent Sergei Chemezov in the port of Barcelona, according to Reuters . Chemezov is the chairman of the Rostec conglomerate and a member of the Supreme Council of ‘United Russia’, per EU sanctions . When the US sanctioned Chemezov in 2014 — as part of an effort targeting Putin’s inner circle — the government said he had known Putin since the 1980s and the two lived in the same apartment complex in East Germany. The yacht is worth approximately $140 million and will remain “provisionally immobilized” until authorities can determine its ownership. A spokesman for Chemezov denied that he is tied to the yacht.

March 11, 2022

“sailing yacht a”  linked to    andrey melnichenko   valued at $577 million in trieste, italy.

largest yacht in the world seized

The Italian financial police seized “Sailing Yacht A” — which could be linked to Russian fertilizer and coal billionaire Andrey Melnichenko — in the port of Trieste, according to Ferdinando Giugliano, the media advisor to the Italian Prime Minister. Melnichenko was sanctioned by the EU on March 9 and has since removed himself from the boards of two companies he founded, Eurochem and SUEK, according to his spokesman Alex Andreev in a statement to CNN. At 469 feet long, the vessel is also the world’s tallest sailing yacht — taller than the Statue of Liberty — and is worth approximately 530 million euros (about $577 million).

March 4, 2022

“villa lazzareschi”  linked to    oleg savchenko   valued at $3.3 million in lucca, italy.

largest yacht in the world seized

A 17th century villa allegedly owned by Oleg Savchenko, named “Villa Lazzareschi,” was seized by Italian financial police in the province of Lucca, according to a police statement . Savchenko is a member of the State Duma and was sanctioned by the EU. The seized Italian villa is worth approximately 3 million euros (about $3.3 million).

Real estate  linked to    Vladimir Soloviev   valued at $8.7 million in Como, Italy

largest yacht in the world seized

Real estate properties belonging to Vladimir Soloviev were seized by the Italian financial police in the province of Como, according to a police statement . Soloviev is a Russian pro-Kremlin propagandist and TV/radio journalist, according to EU Council sanctions . The frozen Italian real estate is worth approximately 8 million euros (about $8.7 million).

Real estate  linked to    Alisher Usmanov   valued at $18 million in Arzachena, Italy

A real estate compendium belonging to Russian oligarch Alisher Usmanov was seized by the Italian financial police in the Golfo del Pevero area in Arzachena, according to a statement . The frozen Italian real estate is worth approximately 17 million euros (about $18 million).

Usmanov is one of Russia’s wealthiest billionaires with vast domestic and international holdings, according to the US Treasury. The US government sanctioned him in early March in a campaign targeting Putin’s allies, stating he is alleged to have financial ties to Putin. The US said it sanctioned his private jet and his 512-foot superyacht named “Dilbar.”

“Lena”  linked to    Gennady Timchenko   valued at $55 million in San Remo, Italy

largest yacht in the world seized

The Italian financial police seized Russian billionaire Gennady Timchenko’s yacht, named “Lena,” in the port of San Remo, according to a police statement . Timchenko is the owner of private investment group, Volga Group. He was sanctioned by the EU in February. When the US government sanctioned Timchenko in 2014, an effort targeting Putin’s inner circle, they stated his “activities in the energy sector have been directly linked to Putin.” The 126-foot yacht is worth approximately 50 million euros (about $55 million).

“Lady M”  linked to    Alexey Mordaschov   valued at $71 million in Imperia, Italy

largest yacht in the world seized

The Italian financial police seized Russian billionaire Alexey Mordaschov’s yacht, named “Lady M,” in the northern port of Imperia, according to a police statement . Mordaschov is the chairman of Russian mining and steel company Severstal and is one of Russia’s richest men, worth $18.5 billion, according to Forbes . The 213-foot yacht is worth approximately 65 million euros (about $71 million).

March 3, 2022

“amore vero”  linked to    igor sechin   valued at $120 million in la ciotat, france.

largest yacht in the world seized

French authorities seized a yacht linked to Igor Sechin in the Mediterranean port of La Ciotat, according to the French Finance Ministry . Sechin is the CEO of Rosneft, the Russian state oil company and one of the world’s largest crude oil producers. The yacht, named “Amore Vero” — or “True Love” in Italian — was scheduled to leave the port on April 1 after arriving in January. Sechin was deputy prime minister of Russia from 2008 until 2012. The European Union said his connections to Putin are “long and deep,” with the two men maintaining daily contact. The yacht is worth about $120 million, according to SuperYachtFan. A Sechin spokesman denied that he is tied to the yacht.

Tips: Do you have information to share about seized or frozen Russian assets? Learn how to reach our journalists and help us investigate.

Senior Visuals Editor @CNNBusiness @CNN

  • International edition
  • Australia edition
  • Europe edition

Sailing Yacht A pictured near Monaco harbour in May 2017.

Italian authorities seize one of world’s largest superyachts from oligarch

Sailing Yacht A, owned by Russian businessman Andrey Melnichenko, seized in Trieste on Friday evening

  • Russia-Ukraine war – latest news

Italian authorities have seized a €530m (£444m) superyacht owned by Russian businessman Andrey Melnichenko as part of EU sanctions following Vladimir Putin’s invasion of Ukraine .

Sy A – short for Sailing Yacht A – was seized on Friday evening in the port of Trieste after being identified by Italian police as belonging to the billionaire owner of EuroChem Group, a major fertiliser producer, and the coal company SUEK.

Video footage reportedly showed police cars with flashing lights approaching the yacht, said to be one of the largest in the world, and boarding it.

EuroChem and SUEK said in statements on Thursday that Melnichenko had resigned as a member of the board in both companies and withdrawn as their beneficiary, effective on Wednesday.

It comes as Roman Abramovich’s superyacht Solaris was pictured arriving in Tivat, Montenegro, on Saturday. The vessel left a port in Barcelona earlier this week as the UK government imposed sanctions on the Russian billionaire owner of Chelsea Football Club.

On Thursday, it was tracked off the coast of Sicily after reportedly undergoing repairs earlier in the week in Barcelona, one of a number of apparently hurried sailings of Russian billionaires moving their superyachts to avoid seizure. His other yacht, the more luxurious Eclipse, was on Thursday located to the west of the Canary Islands.

A European Council decision authorising the sanctions against Melnichenko says he was one of 37 business leaders who met with the Russian president after the invasion of Ukraine to talk about the potential economic impact of EU and US sanctions.

Melnichenko, the document states, “belongs to the most influential circle of Russian businesspeople with close connections to the Russian government”.

It adds: “He is therefore involved in economic sectors providing a substantial source of revenue to the government of the Russian Federation, which is responsible for the annexation of Crimea and the destabilisation of Ukraine.”

A spokesperson for Melnichenko, Alex Andreev, said the businessman had “no relation to the tragic events in Ukraine. He has no political affiliations”.

“There is no justification whatsoever for placing him on the EU sanctions list,” Andreev said. “We will be disputing these baseless and unjustified sanctions, and believe that the rule of law and common sense will prevail.”

Italian authorities have separately seized €143m worth of luxury yachts and villas owned by Russian billionaires in luxury destinations including Lake Como, Sardinia and the Ligurian coast.

Nobiskrug, the manufacturer of Sailing Yacht A, describes the three-mast vessel on its website as “one of the world’s largest and most advanced superyachts” and the “ultimate embodiment of German superyachts built for the 22nd century”. It is almost 143 metres long, the mainmast is 100 metres above the waterline, and the yacht has a gross tonnage of about 12,600.

Other yachts seized by Italian police include Lady M, owned by Alexei Mordashov who, before being blacklisted this week by the EU, was the richest man in Russia. A yacht owned by Gennady Timchenko, another billionaire with close ties to Putin, was also seized.

Most viewed

The $578 million megayacht owned by Russian oligarch Andrey Melnichenko was seized by Italy

  • Russian oligarch Andrey Melnichenko's yacht was seized Friday, Italian authorities said.
  • Sailing Yacht A is the world's largest sailing yacht at around 469 feet long and has eight decks.
  • Melnichenko was sanctioned by the European Union in response to Russia's invasion of Ukraine.

Insider Today

A megayacht belonging to Russian oligarch Andrey Melnichenko was seized by Italian authorities on Friday, CNN reported.

A statement from Italy's finance police said the yacht, known as SY A or Sailing Yacht A, was worth around 530 million euros, or $578 million, according to CNN. It also said the yacht was currently in storage in Trieste, Italy. Maritime tracking data viewed by Insider confirmed the location of the yacht in the Adriatic Sea.

Melnichenko is one of the billionaire oligarchs sanctioned by the European Union in response to Russia's invasion of Ukraine. Melnichenko, who is worth $11 billion according to Forbes, founded fertilizer producer EuroChem Group and coal energy company SUEK.

Related stories

In announcing its decision, the EU council said Melnichenko "belongs to the most influential circle of Russian businesspeople with close connections to the Russian Government." It also said he was among a group of 37 businesspeople who met with Russian President Vladimir Putin and other officials on February 24 to discuss the impact of potential sanctions.

"The fact that he was invited to attend this meeting shows that he is a member of the closest circle of Vladimir Putin and that he is supporting or implementing actions or policies which undermine or threaten the territorial integrity, sovereignty and independence of Ukraine, as well as stability and security in Ukraine," the EU said, adding it also showed he is "providing a substantial source of revenue to the Government of Russia."

In a statement provided to Insider, a spokesperson for Melnichenko denied the EU's accusations about his connections to the war in Ukraine.

"Andrey Melnichenko is an international self-made entrepreneur. He has no relation to the tragic events in Ukraine. He has no political affiliations. To draw a parallel between attending a meeting through membership in a business council, just as dozens of businesspeople from both Russia and Europe have done in the past, and undermining or threatening a country is absurd and nonsensical," the statement said.

"There is no justification whatsoever for placing him on the EU sanctions list. We will be disputing these baseless and unjustified sanctions, and believe that the rule of law and common sense will prevail," the statement continued.

The spokesperson also noted Melnichenko resigned as a member of the board and main beneficiary of both EuroChem Group  and SUEK this week, as the companies announced in separate statements on Thursday. He also said both companies are privately owned and not affiliated with any government, and that EuroChem Group is based in Switzerland.

Sailing Yacht A is the worlds largest sailing yacht at around 469 feet long, according to SuperYachtFan.com . It has 300-foot masts, eight decks, a swimming pool, and an underwater observation pod. It's one of several megayachts owned by Russian oligarchs that are subject to sanctions.

Some Russian oligarchs and billionaires have tried to escape sanctions by transporting their luxury yachts to places like Dubai, which has not enacted sanctions, and the Maldives, which does not have an extradition treaty with the US.

largest yacht in the world seized

  • Main content
  • News & Coffee time
  • In Her Element
  • Local Living
  • Humor & cartoons
  • The Sunny Afternoon Line
  • Urban Issues
  • Kid’s Corner
  • Mindful Health
  • Street Style Trieste
  • Science In The City
  • Illustration
  • Food + Wine

largest yacht in the world seized

A Dialogue of Art and Ethics: Michelangelo Pistoletto at Villa Manin

Trieste celebrates italy’s infantrymen with historic commemoration, italy celebrates 78th festa della repubblica amid national holiday, international school of trieste celebrates 60 years of educational excellence, exploring the hidden gems of servola: unveiling the charms of an…, montessori children’s house unveils vibrant mural in trieste’s san giusto neighborhood, udine ranks 26th in italy’s top nightlife cities, what are trieste dwellers up to this weekend, nicola guarino to present “tutto qui” at ubik bookstore in trieste, crossing borders: exploring trieste’s multicultural heritage with ‘care parole’, librinfesta dominates ronchi dei legionari with diverse literary events, trieste’s literary kaleidoscope: cultural encounters at ubik bookstore, ben rosenzweig reflects on trieste’s challenging season and promises a brighter…, trieste revisited: a swinging tribute to the tumult of ’53, trieste hosts the 36th national gathering of italy’s infantry, trieste’s grand festival: a symphony of music and dance across the…, gratitude quotes to uplift and inspire you this sunday afternoon, beating the winter blues in trieste, embracing the new year: daring greatly, “what if…” saying “yes” instead of “no”, harvard cosmologist illuminates new frontiers of physics in trieste, sissa opens its doors: bridging science and society in trieste, exploring antarctica: tales from the national antarctic museum, nobel laureate giorgio parisi to speak at units centenary event, trieste workshop aims to empower climate scientists from developing nations, at cannes, an insightful conversation with victor toth, at cannes, a journalist’s perspective: alan viezzoli on this year’s standout…, alan jones on the future of science fiction: insights from the…, italy seizes world’s biggest yacht in trieste port.

largest yacht in the world seized

by In Trieste

Italy’s finance police have seized a super-yacht from Russian billionaire Andrey Melnichenko in the port of Trieste.

The seizure of the 143-m vessel, called ‘SY A’ and valued at €530 million, is as high an eight-storey building and is the largest sailing yacht in the world, reports Italian newspaper   Corriere della Sera .

The move is part of measures taken against Russian tycoons included in the EU ‘black list’ for sanctions following Russia’s invasion of Ukraine.

The vessel, which can reportedly accommodate 60 guests and crew, is equipped with a large swimming pool, an underwater observatory and a helipad.

largest yacht in the world seized

RELATED ARTICLES MORE FROM AUTHOR

Leave a reply cancel reply.

Save my name, email, and website in this browser for the next time I comment.

Stay Connected

Recent posts, urban gardening unveiled: exploring beekeeping and biodiversity, trieste’s healing embrace: rescuing palestinian children, skiing extravaganza unleashed: promoturismofvg elevates winter bliss across friuli venezia giulia’s slopes, fvg: chef antonia klugmann among ‘the top world chefs’, italy says yes to black friday sales.

largest yacht in the world seized

Sign up here.

Reporting by Jody Godoy in New York; Editing by Sonali Paul, Bill Berkrot and Jonathan Oatis

Our Standards: The Thomson Reuters Trust Principles. New Tab , opens new tab

largest yacht in the world seized

Thomson Reuters

Jody Godoy reports on banking and securities law. Reach her at [email protected]

Read Next / Editor's Picks

US Attorney General Merrick Garland announces review of May 2022 mass shooting at Robb Elementary School

Industry Insight Chevron

largest yacht in the world seized

David Thomas

largest yacht in the world seized

Mike Scarcella, David Thomas

largest yacht in the world seized

Karen Sloan

largest yacht in the world seized

Henry Engler

Spanish police seize largest amount of crystal meth ever from Mexican cartel

largest yacht in the world seized

Spanish police seized 1.8 tons of  crystal meth and arrested five people from Mexico's  Sinaloa Cartel earlier this month.

The raid at the eastern province Alicante marked the country's largest crystal meth seizure and second largest in Europe, Spain's national police said in a news release Thursday.

The leader of the cartel's operations in Spain was among the five people arrested. Officials also seized cash, abundant documentation, a detonating weapon and five vehicles, according to police.

The cartel members installed a complex hydraulic system in a van to hide drugs in an effort to transport the narcotic. Video posted on X (formerly Twitter) shows officials uncovering packs of methamphetamine under the floor of the van.

The cartel has operated in Tenerife, Alicante, Madrid and Valencie, the release said.

Cartel shipped cocaine through washing machines

In early 2023, police opened an investigation into the Tenerife-based group that trafficked cocaine from the peninsula to the Canary archipelago, police said.

Investigators arrested one of the people who shipped household appliances with cocaine hidden inside through legal companies unaware of what they were carrying. Police uncovered 53 pounds of cocaine hidden in washing machines.

Agents then learned that person was responsible for the trafficking operations out of the Valencia province and used a second vehicle as shuttle to "detect possible police controls," police said.

'Biggest-ever seizure of crystal meth in Spain'

"This is the biggest-ever seizure of crystal meth in Spain and the second largest in Europe," Antonio Martinez Duarte, head of the police's drug trafficking and organized crime unit, said according to CBS . "Among those arrested is a Mexican citizen linked to the Sinaloa Cartel."

Duarte implied the suspect received the narcotics in Spain before distributing them throughout Europe, CBS reported.

The organization also stored shipments of methamphetamine in houses within the Valencia region and then distributed them throughout Europe using vehicles with false bottoms, according to Duarte.

  • Family Notices
  • Picture Sales
  • Read the eEdition
  • Sign-up to our newsletter

Jersey Evening Post

Israeli strikes kill 35 in Rafah as displaced people hit, say Palestinian medics

largest yacht in the world seized

Israeli air strikes have killed at least 35 people and hit tents for displaced people in the southern Gaza city of Rafah, and “numerous” others were trapped in flaming debris, according to Palestinian health workers said.

Gaza’s Health Ministry said women and children made up most of the dead and dozens of wounded after the attacks on Sunday.

They came two days after the International Court of Justice ordered Israel to end its military offensive in Rafah, where more than half of Gaza’s population had sought shelter before Israel’s incursion earlier this month.

Israel Palestinians

Footage from the scene of the largest air strike showed heavy destruction. Israel’s army confirmed the strike and said it hit a Hamas installation and killed two senior militants.

It said it was investigating reports that civilians were harmed. Defence minister Yoav Gallant was in Rafah on Sunday and was briefed on the “deepening of operations” there, his office said.

A spokesperson with the Palestinian Red Crescent Society said the death toll is likely to rise as search and rescue efforts continue in the Tal al-Sultan neighbourhood.

The society said the location had been designated by Israel as a “humanitarian area”. It is not included in areas that Israel’s military ordered evacuated earlier this month.

The air strike was reported hours after Hamas fired a barrage of rockets from Gaza that set off air raid sirens as far away as Tel Aviv for the first time in months in a show of resilience more than seven months into Israel’s massive air, sea and ground offensive.

Israel’s military said eight projectiles crossed into Israel after being launched from Rafah and “a number” were intercepted, and the launcher was destroyed.

Earlier on Sunday, dozens of aid trucks entered Gaza from southern Israel under a new agreement to bypass the Rafah crossing with Egypt after Israeli forces seized the Palestinian side of it earlier this month. Israel’s military said 126 aid trucks entered by the nearby Kerem Shalom crossing.

It was not immediately clear if humanitarian groups could access the aid — including medical supplies — because of fighting. The crossing has been largely inaccessible because of Israel’s offensive in Rafah.

United Nations agencies say it is usually too dangerous to retrieve the aid, and the World Health Organisation last week said an expanded Israeli incursion in Rafah would have a “disastrous” impact.

Israel Palestinians

Egypt refuses to reopen its side of the Rafah crossing until control of the Gaza side is handed back to Palestinians. It agreed to temporarily divert traffic through Kerem Shalom, Gaza’s main cargo terminal, after a call between US President Joe Biden and Egyptian leader Abdel Fattah el-Sissi.

The war between Israel and Hamas has killed nearly 36,000 Palestinians, according to Gaza’s Health Ministry, which does not distinguish between civilians and fighters in its count. Israel blames civilian deaths on Hamas because the militants operate in dense, residential areas.

Around 80% of Gaza’s 2.3 million people have fled their homes, severe hunger is widespread and UN officials say parts of the territory are experiencing famine.

Hamas triggered the war with its October 7 attack into Israel, in which Palestinian militants killed 1,200 people, mostly civilians, and seized 250 hostages. Hamas still holds about 100 hostages and the remains of around 30 others after most of the rest were released during a ceasefire last year.

Trending Stories

Taxi driver narrowly avoids driving ban after speeding, lifeboat crews conduct "fast-paced" rescue of eight people on french yacht near the harbour, competition on island ferry routes ‘would not last long’, passengers reminded to get to jersey airport in 'plenty of time' ahead of half term, community service for man (23) who repeatedly hit woman who refused to have sex with him.

largest yacht in the world seized

Teachers ‘will be given free speech protection from blasphemy claims’

largest yacht in the world seized

Former deputy prime minister warns election campaign will be ‘dishonest’

largest yacht in the world seized

What the papers say – May 27

largest yacht in the world seized

‘Mixed’ bank holiday for most of UK with yellow weather warnings in Scotland

Read the latest free supplements.

Read the Town Crier, Le Rocher and a whole host of other subjects like mortgage advice, business, cycling, travel and property.

largest yacht in the world seized

IMAGES

  1. The World's Largest Yacht Linked To Russian Billionaire Usmanov Has

    largest yacht in the world seized

  2. Dilbar, the World's Largest Motor Yacht, Is Owned by Russian

    largest yacht in the world seized

  3. Dilbar, the World's Largest Motor Yacht, Is Owned by Russian

    largest yacht in the world seized

  4. Top 25 largest yachts in the world: The world's biggest yachts

    largest yacht in the world seized

  5. Italy has seized the $580 million yacht of sanctioned Russian

    largest yacht in the world seized

  6. Dilbar

    largest yacht in the world seized

VIDEO

  1. The yacht seized 19 months ago has been docked in National City and costs taxpayers $1M per month

  2. Life On World's Largest Yacht Carrier

  3. Boat Named "A" The Megayacht of Andrey Melnichenko's

  4. Russian superyacht spotted cruising around San Diego Bay as taxpayer costs mount

  5. Heesen Yachts launched the 80.07m/ 262’7” Galactica today

  6. Super Mega Yacht for Second Life

COMMENTS

  1. World's largest yacht, linked to Russian billionaire Usmanov, is seized

    German authorities said they have seized the world's largest superyacht following official confirmation that the vessel had links to Russian billionaire and business tycoon Alisher Usmanov. The ...

  2. Germany seizes the world's largest yacht (at least according to volume)

    The luxury superyacht Dilbar sails off the coast of Monaco in 2017. German authorities have seized the world's largest yacht by volume after determining that a Russian oligarch had transferred its ...

  3. World's largest yacht, linked to Russian billionaire, seized by Germany

    The Dilbar, the yacht impounded in Germany, is registered in the Cayman Islands, according to the Treasury Department, and worth between $600 million and $735 million, with an estimated annual ...

  4. Here are the superyachts seized from Russian oligarchs

    Authorities in Italy seized a 215-foot superyacht called the Lady M this month. It's owned by Alexei Mordashov, Russia's richest businessman, and it's estimated to be worth $27 million. The ...

  5. Superyacht with ties to Russian oligarch seized by Germany

    1:29. In the latest global effort to crack down on Russian power brokers, the world's largest yacht has been seized by German officials because of the vessel's association with a sanctioned ...

  6. Germany seized the world's largest mega-yacht worth $600 million

    Usmanov's yacht, which has been docked in Hamburg, Germany, for months for a refitting, is the first to be seized since Russia's attack on Ukraine began on February 24. Dilbar, a 512-foot yacht that weighs 15,917 tons, "is the largest motor yacht in the world by gross tonnage," according to Lürssen, the German ship's maker.

  7. France seizes yacht linked to Russian oligarch at Mediterranean port

    Usmanov's 156-metre (512-foot) yacht Dilbar, valued at $600m and regarded as the largest motor yacht in the world by gross tonnage, was seized by German authorities on Wednesday, according to a ...

  8. A Russian oligarch's $325M superyacht has been seized in Fiji

    A Russian oligarch's $325M superyacht has been seized in Fiji U.S. authorities say the 348-foot vessel is owned by Suleiman Kerimov, ... Germany seizes the world's largest yacht (at least ...

  9. German authorities impound world's largest superyacht

    German authorities impound world's largest superyacht Luxury vessel is the latest possession to be seized from Russia's sixth-richest man The 'Dilbar', a luxury yacht owned by the sister of Russian billionaire Alisher Usmanov, in the Bosphorus in Istanbul, Turkey, in May 2019.

  10. Germany seizes the world's largest yacht (at least according to volume)

    German authorities have seized the world's largest yacht by volume after determining that a Russian oligarch had transferred its ownership to his sister — who is also facing Western sanctions. Dilbar, the yacht in question, measures some 511 feet and 15,917 tons, which shipbuilder Lurssen says makes it the largest motor yacht in the world by ...

  11. Russian Oligarch's Superyacht Seized in Germany

    One of the world's largest yachts, ... the largest yacht in the world by tonnage — was seized two days after the European Union announced plans to sanction the oligarch, Forbes reports. The ...

  12. World's largest sailing yacht, Sailing Yacht A, seized

    Italian authorities have seized the largest sail-assisted superyacht ever built, the 143m (470ft) Sailing Yacht A, Italian news outlets are reporting. According to the Reuters news agency in Rome ...

  13. U.S. seizes mega yacht owned by oligarch with close ties to Putin

    April 4, 2022, 5:53 AM PDT / Source: The Associated Press. PALMA DE MALLORCA, Spain — The U.S. government seized a mega yacht in Spain owned by an oligarch with close ties to the Russian ...

  14. World's biggest sailing yacht owned by Russian billionaire is seized by

    The $578 million Sailing Yacht A - which is the world's biggest sailing yacht, according to the Italian government - has been sequestered at the northern port of Trieste, ... Last week, Italian police seized villas and yachts worth $156 million from five high-profile Russians who have been placed on the sanctions list.

  15. Which Russian-linked superyachts have been seized and where?

    It was seized by German authorities in Hamburg. It is the largest yacht in the world by interior volume. Date held: The vessel was detained on March 3 in a decision that Mr Usmanov called "unfair" and "defamatory". Size: The 156-metre-long yacht is estimated to be worth $800m.

  16. Spain seizes Crescent superyacht believed to belong to Russian oligarch

    The superyacht has been seized by Spanish authorities. (Albert Gea/Reuters) Spanish authorities have impounded a third superyacht believed to belong to a Russian oligarch, a seizure that is part ...

  17. List of Russian Oligarchs' yachts, homes and assets being seized

    The Italian financial police seized Russian billionaire Gennady Timchenko's yacht, named "Lena," in the port of San Remo, according to a police statement. Timchenko is the owner of private ...

  18. Italian authorities seize one of world's largest superyachts from

    Italian authorities have separately seized €143m worth of luxury yachts and villas owned by Russian billionaires in luxury destinations including Lake Como, Sardinia and the Ligurian coast.

  19. Here Are the Megayachts Belonging to Russian Oligarchs

    France seized Amore Vero, a 281-foot megayacht linked to oligarch and politician Igor Sechin, on March 3. The yacht, Amore Vero, is estimated to have a value of $120 million. It has a swimming ...

  20. Russian Oligarch Andrey Melnichenko $578 Million Yacht Seized ...

    Russian oligarch Andrey Melnichenko's yacht was seized Friday, Italian authorities said. Sailing Yacht A is the world's largest sailing yacht at around 469 feet long and has eight decks.

  21. Italy Seizes World's Biggest Yacht in Trieste Port

    3222. Italy's finance police have seized a super-yacht from Russian billionaire Andrey Melnichenko in the port of Trieste. The seizure of the 143-m vessel, called 'SY A' and valued at €530 million, is as high an eight-storey building and is the largest sailing yacht in the world, reports Italian newspaper Corriere della Sera.

  22. Italy seizes Russian billionaire Melnichenko's Sailing Yacht A

    Since last week Italian police have seized villas and yachts worth more than 700 million euros ($763.63 million) from high-profile Russians who have been placed on the EU sanctions list, Economy ...

  23. List of motor yachts by length

    This list of motor yachts by length, is a table of the world's longest active superyachts, with an overall length of at least 75 metres (246 ft) and up.. These boats are also known as "megayachts", "gigayachts" and even "terayachts", usually depending on length. It has been generally accepted by naval architects and industry executives that superyachts range from 37 m (≈120 ft) to 60 m (≈ ...

  24. 9 of the largest yachts owned by tech billionaires, ranked

    One of the largest private sailing yachts in the world, the three-masted Lürssen schooner measures 305ft long. She took three years to be built before being delivered to Diller in 2006 and, since ...

  25. Exiled Chinese businessman stole $1 billion to fund luxury lifestyle

    Prosecutors said Guo stole from the funds to buy a New Jersey mansion, a yacht, several luxury cars and other extravagances, including two $36,000 mattresses. Guo faces 12 counts of fraud ...

  26. Spanish police seize largest amount of crystal meth ever from Mexican

    0:56. Spanish police seized 1.8 tons of crystal meth and arrested five people from Mexico's Sinaloa Cartel earlier this month. The raid at the eastern province Alicante marked the country's ...

  27. Israeli strikes kill 35 in Rafah as displaced people hit, say

    Israeli air strikes have killed at least 35 people and hit tents for displaced people in the southern Gaza city of Rafah, and "numerous" others were trapped in flaming debris, according to ...