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Classic Feadship 57m Amara Returns for Refit

By George Bains

Feadship has welcomed back 57.30 metre yacht Amara for an extensive refit project. Amara, first launched by Feadship as Cacique in 1986, was designed by Frits de Voogt with interiors penned by Terence Disdale. The yacht was sold to its current owners in 2020, who have decided to refit Amara to suit their personal preferences and uses in an exciting project.

Amara arrived at the Feadship yard in Makkum, where one of the key aspects of the refit project will be the installation of a new helicopter deck. This will require the removal of this part of the construction, building a new helideck at the yard and placing this entire section onto Amara. Additionally, the teak on the sun deck will be replaced and the foredeck re-laid in teak.

The esteemed Feadship paint experts will apply their talents to the new helideck, the foredeck and a range of other areas. Various interior activities and technical work will also be carried out to return Amara to peak condition as she joins a growing fleet of Feadships placed by owners in the uniquely capable hands of the Feadship Refit and Services division.

As well as being a world-renowned builder of exquisite superyachts, Feadship is also a leading refit and maintenance shipyard. Recent examples of impressive refits include W (ex Larisa) which competed a 10-month project, while the classic Feadship Istros earned international acclaim for her beauty and the eco-friendly ethos that underpinned every aspect of the rebuild.

For owners of Feadship superyachts worldwide, there is no better way to maintain the heritage and quality of their yacht by returning to the prestigious Feadship facilities.

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New helideck planned for 57m Feadship superyacht AMARA refit

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Written by Rachael Steele

The Feadship facility at Makkum in the Netherlands has received the 57.3m/187.9ft luxury yacht AMARA, originally known as CACIQUE when she was launched in 1986.

Motor yacht AMARA © Feadship

The current Owners purchased AMARA in 2020, and among the planned improvements is the addition of a helideck. This will involve the removal of the section where the new helideck, which is being built at the yard, will be installed. The teak on the sundeck will also be replaced, and the foredeck completely re-laid in teak.

Classic yacht AMARA © Feadship

The exterior of this classic vessel will receive a new paint job so that the helideck and foredeck match the other areas on board, and the Feadship Refit and Services division will complete technical and interior work to return her to optimal condition.

AMARA yacht arriving at the yard © Feadship

Other luxury yachts that have recently received a refit at Makkum include luxury yacht W (ex.LARISA) , which underwent a 10-month refit, and 1954-built luxury yacht ISTROS that now blends contemporary and classic interior style.

Owners of a Feadship receiving maintenance and refit work at the shipyard facilities ensure that their vessel retains its resale value along with its quality and authenticity as a classic Feadship build.

Please contact CharterWorld - the luxury yacht charter specialist - for more on superyacht news item "New helideck planned for 57m Feadship superyacht AMARA refit".

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AMARA Yacht for Sale

188' feadship | 1986 | $17,900,000.

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Last updated Feb 27, 2024

Amara Boat | 188' Feadship 1986

- A superb example of a classic Feadship motor yacht- Extensive refit (20 million USD) overseen by Wright Maritime Group & De Voogt Naval Architects to keep in line with the FEADSHIP high standards- In 2016 FEADSHIP invited AMARA to join the Feadship Heritage Fleet- In 2021 AMARA completed a 4 million USD refit at Feadship, Makkum consisting of numerous upgrades.- Helipad – recently updated with a larger helicopter deck which can now take Twin Engine helicopters. The deck has been designed for H135/ EC135 P2 Aircraft or similar (2021)- Tasteful and stylish design - brand new, fresh contemporary interior twinned with classic Feadship exterior (2021)- Exterior - Deck teak replacement on sun deck and foredeck as well as new stone countertops. (2021)- Complete exterior paint job in 2016 from the keel to the top of the mast. Hull repaint in 2020 and Superstructure paint work in multiple areas in 2021- All new air conditioning, navigation / communication, and audio/video entertainment systems (2016 and 2021)- All mechanical and technical equipment updated (2016)- New Quantum Zero-Speed (XT) stabilizers (2016)- Finalist for the 2017 “World Superyacht Awards - Best Refit Yacht”- US Duty paid

Denison Yachting is pleased to assist you in the purchase of this vessel. This boat is centrally listed by Y.CO.

Denison Yacht Sales offers the details of this yacht in good faith but can’t guarantee the accuracy of this information nor warrant the condition of this boat for sale. This yacht for sale is offered subject to prior sale, price change, or withdrawal from that yacht market without notice. She is offered as a convenience by this yacht broker to its clients and is not intended to convey direct representation of a specific yacht for sale.

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Amara HIGHLIGHTS

• Yacht Details: 188' Feadship 1986
• Location: Cabo San Lucas, Mexico
• Engines: Deutz
• Last Updated: Feb 27, 2024
• Asking Price: $17,900,000
• Maximum Speed: 16 kn
• Max Draft: 10' 10''

Amara additional information

• Cruising Speed: 13 kn
• Beam: 31' 2''
• Hull Material: Steel
• Fuel Tank: 1 x 103000|liter
• Fresh Water: 1 x 27500|liter
• Double Berths: 3

Amara proudly retains her Feadship heritage and superior build quality; however, step on board and you could be forgiven for thinking she’s brand new. Amara has benefited from a lifetime of considered improvements from highly experienced owners, each of whom saw Amara’s potential for adventure and built upon it, adding to her exploration potential, her seaworthiness and her usability. Her 2016 transformation earned her the position of finalist in the best refit category of the prestigious World Superyacht Awards. Her 2021 upgrades cemented her reputation as one of the best-presented Classic Feadships on the water.

Delivered by Feadship in 1986, Amara was designed to cruise the world in style, something she has done with great aplomb. Her 5,600 nautical mile range, excellent tender and toy storage and helicopter capability have enabled adventures as far as Alaska and Indonesia, while on board, spacious accommodation and well-thought-out entertainment spaces make it possible to complete long voyages in absolute luxury. Modern additions such as Zero speed stabilisers, an enlarged helipad for twin-engine air craft and all new navigation systems preserve Amara’s adventurous spirit.

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Video: Oceanco Unveil 120m Superyacht Concept AMARA At Dubai International Boat Show

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By Oliver Pearson   28 February 2017

Generating a buzz of excitement at the Dubai International Boat Show earlier on today, Oceanco revealed the innovative and ready to go superyacht project AMARA.

Unveiled by His Excellency Saeed Hareb, the 120m/394ft concept yacht AMARA attracted plenty of applause for its groundbreaking work in superyacht design and luxury living.

Demonstrating the superb engineering and design talents of Oceanco, the yacht has been specifically designed for extended families and friends looking to cruise the world’s waters in unparalleled comfort.

Styled in collaboration with the shipyard’s regular exterior designer Sam Sorgiovanni, the sleek exterior is reminiscent of the award-winning 89m/290ft motor yacht NIRVANA and the recently delivered 89m/290ft luxury yacht BARBARA .

To take a virtual tour of the pioneering motor yacht , watch the video below.

Attending the announcement in person, the team at YachtCharterFleet took a closer look at the scale model to learn more about the stunning range of features on offer aboard AMARA.

Effortlessly revolutionary, everything from the open-air cinema on the sundeck to the waterfall cascading from the upper deck to the main deck pool exudes a forward-thinking sophistication.

Elaborating on the overall character of the yacht, Sorgiovanni described how: ‘in designing the exterior lines of Amara, I wanted to portray a very strong and muscular form that was progressive in design but with a timeless appeal’.

The intended timelessness of the design has been more than successful, with her profile sure to remain both impressive and creative.

With accommodation for up to 20 guests, the superyacht includes an ‘owner’s apartment’ on the upper deck which is complete with a private plunge pool and an alfresco dining area for the remaining guests to gather in.

Besides such finely appointed cabins, AMARA provides an abundance of spaces to entertain guests throughout both her interior and exterior.

No doubt the most impressive of these is the expansive lower deck beach club which features retractable balconies to port, starboard, and aft, offering 3-way access to the ocean and flooding the lounging space in natural light.

Comprised of natural timber, stone, and textural fabrics, the interior has been designed to produce a natural and calming environment to complement the sun-drenched atmosphere found around the exterior.

Other onboard amenities include a dedicated gymnasium with access to sublime views from the bridge deck, and a similarly breathtaking wellness area on the lower deck for guests who enjoy receiving treatments whilst on vacation.

Unsurprisingly, the motor yacht is capable of carrying all of the latest inflatable water toys and tenders, including a floating climbing wall for the truly adventurous.

Ultimately, AMARA is one of the most forward-thinking projects ready to enter build, and its unveiling at the Dubai International Boat Show was the most appropriate way of announcing such an undertaking.

A pioneering concept sure to usher in the future of superyacht design, AMARA is a testament to the capabilities of Oceanco

Whilst awaiting further news surrounding AMARA, take a look at all of the Oceanco superyachts which are available for charter .

Likewise, be sure to keep up to date with all of the action from the  Dubai International Boat Show 2017 .

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A Brief History of Superyachts

And how they explain the world..

Tim Murphy January+February 2024 Issue

James Clapham

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When the US targeted Russia’s oligarchs after the invasion of Ukraine, the trail of assets kept leading to our own backyard. Not only had our nation become a haven for shady foreign money, but we were also incubating a familiar class of yacht-owning, industry-dominating, resource-extracting billionaires. In the  January + February 2024  issue of our magazine, we investigate the rise of American Oligarchy—and what it means for the rest of us. You can read all the pieces  here .

The luxury yacht may be the world’s most exclusive form of transportation. But there are only a hundred-some that meet the definition of a gigayacht—a pleasure craft 295 feet or longer. Their opaque ownership records offer a glimpse of modern wealth and power: Over two dozen are linked to Gulf royals, businessmen, or states, and 20 to citizens (past or current) of the former Soviet Union. At least 23 have reportedly belonged to Americans, including founders of Microsoft, Netscape, Amazon, WhatsApp, and Snapchat. The widow of a German retailer who thrived under Hitler owned one; a UK tax exile and a Formula 1 dad still do. Yugoslav strongman Tito’s old yacht makes the list; Dominican dictator Trujillo’s does too. Take a cruise through the history of the vessels and their—somewhat—more modest sister ships.

1895: Nineteen years before World War I, the future King Edward VII of England punches his nephew, Kaiser Wilhelm II, in the face, after the German’s 121-foot yacht, Meteor II , defeats the royal Britannia in a race off the Isle of Wight.

1954: Greek shipping magnate Aristotle Onassis ushers in an era of postwar one-upmanship with his 325-foot Christina O . It features a pool that converts into a dance floor, furniture made from whale foreskin, and pornographic carvings.

1963: During his final birthday party aboard the presidential yacht Sequoia , JFK chases future Washington Post editor Ben Bradlee’s wife, Antoinette, into the bathroom and gropes her. “I guess I was pretty surprised, but I was kind of flattered, and appalled, too,” she says later. The ship’s visitor logs are destroyed after Kennedy’s assassination.

1984: King Fahd of Saudi Arabia builds the record-breaking 482-foot Prince Abdulaziz .

1987: Sen. Gary Hart (D-Colo.) drops out of the presidential race just before photos emerge of him with model Donna Rice aboard the yacht Monkey Business .

1988: Donald Trump acquires Nabila , which previously belonged to the Saudi arms dealer Adnan Khashoggi and was featured in the James Bond film Never Say Never Again . He renames it Trump Princess , adds a disco, and changes the helipad’s “H” to a “T.”

1991: After one of Trump’s casinos files for bankruptcy, he sells Trump Princess to his bank—which flips it to a Saudi prince. A new yacht, the Trump Princess II , which he boasted would be “something in excess of 400 feet long, closer to 500 feet,” is never built.

British publisher Robert Maxwell’s body is found in the Atlantic Ocean, where he had been cruising on a 180-footer named for his daughter—the Lady Ghislaine . The vessel is eventually resold to Anna Murdoch, Rupert’s second wife.

1994: At a cocktail party on the oligarch Petr Aven’s yacht in the Caribbean, Boris Berezovsky meets Roman Abramovich, calling him a “nice boy who wanted to discuss commercial projects.” He and Abramovich begin working together to acquire Sibneft, a Russian state oil company.

1997: Construction ends on The Limited and Victoria’s Secret owner Les Wexner’s ­316-foot Limitless . The project was overseen by his good friend Jeffrey Epstein.

1999: Oracle co-founder Larry Ellison buys the 191-foot Izanami from a Japanese seller. He changes the name to Ronin , he said later , after “the local newspapers started pointing out that Izanami was ‘I’m a Nazi’ spelled backwards.”

2001: Months before Enron files for bankruptcy, former CEO Jeffrey Skilling asks a company executive for advice on finding a yacht broker. “This industry is known for crooks and thieves,” he warns Skilling.

2002: House Majority Whip Tom DeLay (R-Texas) promises to strip “corporate kingpins of their ill-gotten gains,” after scandals rock Enron and WorldCom. “We’re coming after the yacht.”

2003: DeLay charges donors $500,000 a pop for tickets to a yacht cruise.

2005: Ellison shoots down rumors he issued orders midconstruction to have his newest yacht, the 454-foot Rising Sun , extended to outdo Microsoft co-founder Paul Allen’s recently launched 414-foot Octopus .

Rep. Duke Cunningham (R-Calif.) pleads guilty to federal bribery charges after being caught living rent-free on a yacht, called the Duke-Stir , that was moored in Washington, DC, and owned by a defense contractor.

Sheikh Mohammed bin Rashid Al Maktoum’s 531-foot Dubai surpasses Prince Abdulaziz as the world’s longest yacht.

2006: Media mogul Barry Diller reveals the world’s longest sailing yacht, the 305-foot Eos , whose prow features a 9-foot-tall sculpture of his wife, Diane von Furstenberg.

2007: Diller opens a Manhattan corporate headquarters­­ at a Frank Gehry­–designed building that itself has been likened to a sailboat . It’s across the street from where Eos ties up.

2008: George Osborne, the No. 2 official in the UK’s Conservative Party, relaxes on Russian aluminum magnate Oleg Deripaska’s yacht while vacationing with his family in Greece. He denies an accusation that he solicited funds, explaining in a statement that they discussed “Russian history” and drank tea.

2009: As his marriage falls apart, Tiger Woods retreats to a 155-foot yacht called Privacy .

2010: Abramovich’s new ship, Eclipse , surpasses Dubai as the world’s longest yacht. The 533-foot vessel features a submarine, anti-missile systems, and lasers to thwart paparazzi .

2011: During an unsuccessful suit seeking $5 billion he believed Abramovich owed him from the sale of Sibneft, an exiled Berezovsky claims that his former partner helped purchase the yacht Olympia for Vladimir Putin. When the BBC publishes a supporting account from another Russian businessman five years later, Abramovich’s lawyers dismiss the allegation as “a rehash of speculation and rumours.”

2012: As GOP presidential candidate Mitt Romney faces criticism for holding investment funds in the Cayman Islands, his campaign invites donors to party on Cracker Bay . The ship, owned by the founder of The Villages retirement community, flies the Cayman Islands’ flag.

2013: UAE leader Khalifa bin Zayed al Nahyan launches the 593-foot Azzam , surpassing the Eclipse .

2014: The Wall Street Journal reports that Ellison has basketball hoops on “at least two of his yachts” and had someone follow in a smaller boat “to retrieve balls that go overboard.”

2016: Allen’s Tatoosh drags its anchor through a protected zone in the Cayman Islands, destroying 14,000 square feet of coral.

2017: After leaving office, Barack and Michelle Obama retreat to the South Pacific aboard David Geffen’s yacht, where they’re joined by Oprah, Tom Hanks, and Bruce Springsteen.

Abramovich’s business partner, Eugene Shvidler, blocks views of the Statue of Liberty while anchoring his 370-foot Le Grand Bleu in New York Harbor for a month.

Addressing the national Boy Scout Jamboree, Trump tells an anecdote widely assumed to allude to sex parties on a yacht belonging to the developer of the Levittown suburbs. “You’re Boy Scouts, so I’m not going to tell you what he did,” he said. “But you know life.”

Rep. Vern Buchanan (R-Fla.) buys a yacht and on the same day votes to cut taxes on yachts.

2018: Rupert Murdoch is airlifted to UCLA after collapsing on a yacht trip with his fourth wife, Jerry Hall. “He kept almost dying,” a source tells Vanity Fair .

Republican Florida Gov. Rick Scott designates a billionaire donor’s marina as a special anti-­poverty opportunity zone.

Someone unties Seaquest , a superyacht belonging to Trump administration Secretary of Education (and billionaire) Betsy DeVos, causing it to crash into a dock on Lake Erie.

Businessman Jho Low, who financed The Wolf of Wall Street , is accused of taking part in a $4.5 billion scheme to siphon Malaysian state development funds and using some to purchase a $250 million yacht.

2019: Actress Lori Loughlin is arrested in a college admissions bribery scheme . Her daughter, USC student Olivia Jade, is vacationing in the Bahamas— on a yacht belonging to USC board of trustees chair Rick Caruso.

Following an investigation into corruption in the Nigerian oil industry, the US government auctions off businessman Kolawole Aluko’s Galactica Star , six years after Jay-Z rented out the vessel for Beyoncé’s 32nd birthday. A former Enron unit attempts to claim a portion of the proceeds.

Clarence Thomas visits an Indonesian preserve for Komodo dragons with billionaire Harlan Crow on the conservative megadonor’s Michaela Rose .

ArtNet reports that a $450 million (reputed) da Vinci that was supposed to be in an Abu Dhabi museum has been spotted hanging in Mohammed bin Salman’s personal yacht, Serene .

Kylie Jenner holds her 22nd birthday party on Low’s yacht, now under new ownership.

2020: “[I]solated in the Grenadines avoiding the virus,” Geffen writes on Instagram from Rising Sun , which he purchased in 2010. “I’m hoping everybody is staying safe.”

Steve Bannon is arrested off the coast of Connecticut by US Postal Police while aboard the fugitive Chinese billionaire Guo Wengui’s 150-foot Lady May .

Liberty University President Jerry Falwell Jr. dresses up as a character from the TV show Trailer Park Boys for a costume party aboard a NASCAR mogul’s yacht. He later posts a photo of himself to Instagram with his fly unzipped and his arms around his wife’s assistant.

2021: NRA CEO Wayne LaPierre testifies that he took refuge on Illusions , a Hollywood producer’s yacht, after the Newtown and Parkland mass shootings. “I remember getting there going, ‘Thank God I’m safe, nobody can get me here.’”

During a bitter divorce, the Daily Mail reports that Tatiana Akhmedova, wife of the Russian Azerbaijani billionaire Farkhad Akhmedov, hired a team of British special forces veterans to seize his yacht, Luna , in an effort to enforce a Marshall Islands court ruling. They settle instead, and he keeps the boat.

Port Azure , dubbed the world’s first harbor designed exclusively for megayachts, opens in Gocek, Turkey. It bills itself as a place where “problems big and small go away.”

2022: Amid reports a historic bridge will be dismantled so Amazon founder Jeff Bezos’ newly built Koru can leave Rotterdam’s shipyards, residents threaten to pelt the sailboat with eggs . The city changes plans.

A Ukrainian mechanic is arrested in Mallorca for attempting to sink a vessel owned by his boss, a Russian arms dealer.

Biden promises oligarchs he’s going to “take their ill-begotten gains” after the invasion of Ukraine. “We’re going to seize their yachts.”

Washington Commanders owner Dan Snyder avoids a congressional subpoena on the team’s misogynistic culture while cruising the Mediterranean on his yacht, Lady S .

Missing Russian superyachts are spotted waiting out sanctions at Port Azure.

Sen. Rick Scott (R-Fla.) criticizes Joe Biden for vacationing in Delaware while vacationing on a luxury yacht in Italy.

After sailing through Fiji on his yacht Aquarius , briefly retired Disney CEO Bob Iger tells friends he misses his wife and is bored with life.

New York Republican congressional candidate George Santos brokers a $19 million deal to sell a superyacht called Namaste to a Long Island car dealer.

Bankrupt crypto exchange FTX reveals in court filings that founder Sam Bankman-Fried’s hedge fund once spent $2.5 million on a yacht, which a top executive named Soak My Deck .

2023: Bezos takes possession of Koru . The $500 million, 417-foot sailboat comes with a bust that resembles his fiancée Lauren Sánchez—and its own second, 246-foot “shadow” support yacht with crew quarters and a hangar for the helicopter she pilots.

After divorcing Jerry Hall, Rupert Murdoch vacations on the Christina O with Abramovich’s ex-mother-in-law.

As TV and movie writers and actors strike, the Wall Street Journal reports that Iger, now back at work, has been regaling visitors to his Burbank office about the new, longer yacht he’s building.

Measuring Contest

Iconic gigayachts through the years

1931: Sea Cloud , Marjorie Post: 359 ft.

1981: Atlantis II , Stavros Niarchos: 380 ft.

2003: Octopus , Paul Allen: 414 ft.

2005: Rising Sun , Larry Ellison: 454 ft.

2010: Eclipse , Roman Abramovich: 533 ft.

2013: Azzam , Sheikh Khalifa: 593 ft.

Illustrations by Anthony Calvert

The Few, The Loud

Some famous faces aboard gigayachts

Steven Spielberg reeled out his anchor off Cannes.

A part of Katy Perry got stuck exiting a dinghy on her way to Barry Diller’s yacht.

Mohammed bin Salman purchased his yacht, Serene , just hours after he saw it.

Jerry Jones made a draft pick aboard his Bravo Eugenia to deepen the Cowboys’ bench.

Mariah Carey was engaged to a gigayacht owner, before the fantasy ended.

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Pandora Papers Name Alleged Offshore Beneficiaries with Putin Links

Leaked financial papers published by an international group of investigative journalists Sunday implicated several close associates of Russian President Vladimir Putin in allegedly hiding mass amounts of wealth in offshore firms. 

The International Consortium of Investigative Journalists said that Russian nationals are “disproportionately represented” in the Pandora Papers, with 14% of the more than 27,000 named companies having Russian beneficiaries and 46 Russian oligarchs found to use offshore companies.

The investigative news website iStories, ICIJ’s partner organization in Russia, delved into the biggest names in Putin’s inner circle implicated in the leak:  

Konstantin Ernst 

iStories reported that Ernst, the CEO of Russia’s largest state television channel, made billions of rubles by demolishing Soviet-era cinemas in Moscow and building shopping malls in their place through an offshore company.   

Ernst, 60, registered an offshore in his name in the British Virgin Islands in 2014, the same year he orchestrated the opening and closing ceremonies of the Sochi Winter Olympics.

In November 2014, Moscow city authorities auctioned off 39 historic Soviet-era cinemas across the capital to a company linked to Ernst’s offshore firm, Moscow Dvorik Ltd. The leaked files also show that Ernst was the beneficiary of a $16.2 million loan — from a Cyprus bank partly owned by Russian state-owned bank VTB — used to fund his stake in the deal. 

Ernst denied that the deal was part of his compensation for the Winter Olympics ceremonies and told ICIJ that he did not do anything illegal, because “this is how my parents raised me.”

While he confirmed that he was linked to Moscow Dvorik, Ernst did not explain why he registered a company in the British Virgin Islands; why his partner denied his involvement in this business; or why lawyers demanded that the offshore registrar not send information about shareholders to the British Virgin Islands’ corporate register.  

Rostec 

The family of Sergei Chemezov, CEO of Russian state defense conglomerate Rostec, hid properties worth 22 billion rubles — including a superyacht and a villa in Spain — in offshore firms, iStories said . 

Chemezov, who is under U.S. and EU sanctions, is considered one of Putin’s closest associates and one of the most influential figures at the intersection of Russian business and politics. 

According to the investigation, Chemezov's stepdaughter Anastasia Ignatova is the owner of British Virgin Islands-registered offshore Delima Services Ltd., to which the 85-meter, $140 million yacht is registered. She also allegedly owns a hacienda in Spain with an estimated worth of 15 million euros.   

The Pandora Papers uncovered a new luxury villa in Spain allegedly owned by Ignatova and Chemezov’s mother-in-law Lyudmila Rukavishnikova via the offshore Penimar Holdings Ltd., among other assets.  

Putin’s alleged mistress   

Financial records analyzed by ICIJ also found that Putin’s alleged mistress Svetlana Krivonogikh purchased a $4.1 million apartment in Monaco via an offshore company that she became beneficiary of in 2006. 

The company was reportedly set up weeks after Krivonogikh gave birth in 2003 to Luiza Vladimirovna Rozova, whom Russian investigative reporters named as Putin’s alleged extramarital daughter last year.

Russian authorities banned Proekt, the investigative outlet that broke the story on Putin’s alleged extramarital daughter, as an “undesirable” organization this summer  and placed several of its journalists on their list of “foreign agents.”   

Sberbank’s CEO  

German Gref, the CEO of state-owned lender Sberbank, established an offshore company in Singapore which was used to store more than $55 million in family assets, according to documents obtained by the Pandora Papers.

The beneficiaries of the family offshore Angelus Trust were Gref’s wife Yana, son Oleg, daughters Maria and Eva, brother Eugene and an individual named Philip Albert Gref, the investigation said. 

Transneft   

The son-in-law of Nikolai Tokarev, the head of state-owned oil pipeline giant Transneft and a longtime acquaintance and colleague of Putin, became a citizen of Cyprus and set up offshores to manage Transneft’s contractors with contracts worth billions of rubles, iStories said.   

Tokarev’s daughter Maya Bolotova and her now ex-husband Andrei Bolotov received passports from EU member Cyprus in 2014, the same year that Transneft was sanctioned by the EU.  

Financial records cited by the Pandora Papers show that Bolotov was the beneficiary of a dozen offshore companies. In 2014-2015, Bolotov was the beneficiary of at least three Cypriot companies through firms registered in the British Virgin Islands together with Georgy Bedzhamov, the former co-owner of Vneshprombank who was under investigation for embezzlement of over 100 billion rubles in 2015. 

Honorable mentions 

Roman Putin,  a son of the president’s cousin and the beneficiary of Infinite Capital Corp, registered in 2012 in the Seychelles, and its owner until 2013.

Nikolai Yegorov, one of Putin’s university friends and since 2016 also the owner of Pollux Global Corp registered in the British Virgin Islands. Since 2018, the company has been in the process of liquidation.

Victor Khmarin , another university friend of Putin’s who became a beneficiary of the British Virgin Islands-registered offshore Luciano Services Corp.

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Troika Laundering Claims Put Founder Vardanyan's Legacy in Focus

Troika Bank Scandal Exposed Global Failure to Prevent Money Laundering

Prosecutors Evaluating Dutch Ties to Alleged Russian Money Laundering

Russia’s Black Market Totaled 20% of GDP in 2018 – Reports

Business | South Florida yacht brokers hit with lawsuits…

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Business | south florida yacht brokers hit with lawsuits that claim 10% commissions violate antitrust laws.

Two newly filed federal lawsuits claim that 10% sales commissions required by South Florida’s yacht broker industry are anticompetitive and violate antitrust laws.

The claims follow an October finding by a federal jury in Kansas City, Missouri, that the National Association of Realtors conspired with brokers to artificially inflate commissions paid to real estate brokers. The ruling, and a March 15 settlement by the Realtors, is expected to radically change how homes are sold in the United States.

Both lawsuits involving yacht brokers name as defendants the International Yacht Brokers Association, based in Fort Lauderdale, the Yacht Brokers Association of America, Boats Group LLC and YATCO LLC.

Also listed as defendants in both suits are a who’s who of South Florida-based yacht brokers, including Denison Yacht Sales, MarineMax Inc., Galati Yacht Sales Inc., Allied Marine Inc., Tournament Yacht Sales LLC and Northrop & Johnson Yacht Ships, among others.

Nearly all of the defendants are headquartered in South Florida.

The most recent suit, filed on March 22, proposes a class of plaintiffs that includes anyone who listed vessels on certain Multiple Listing Services using a listing agent or broker affiliated with one of the defendants and paid a buyer’s broker commission since March 22, 2020.

The lead plaintiff in the lawsuit is Kip Lamar Snell, identified as an Alabama resident. Snell entered into an agreement with Galati to sell a 41-foot Express Cruiser Sea Ray in July 2020 and ended up paying a $12,000 commission on the $120,000 sale price, the suit states. The lawsuit lists as defendants 15 brokers and six organizations that promote the yacht trade or operate Multiple Listing Services.

That lawsuit follows one filed on Feb. 29 that proposes a class of plaintiffs that includes anyone who paid a commission to a listing broker affiliated with the defendants since Feb. 19, 2020. It lists as defendants 11 brokers and five organizations that promote the yacht trade or operate Multiple Listing Services.

The lead plaintiff in that suit is Ya Mon Expeditions, a Wyoming company that paid a “substantial broker commission” when it sold a vessel in January 2023 while represented by Tournament Yacht Sales of Tequesta.

The most recent complaint accuses the trade associations of colluding with brokers to “enforce an anticompetitive restraint that requires (sellers of pre-owned yachts and boats) to pay a brokerage fee to the buyer’s broker and a total aggregate commission fee that is inflated as a condition for selling their yachts.”

The complaint states the typical commission is 10% and is shared between the seller’s broker and the buyer’s broker under terms spelled out in Central Listing Agreements provided by the brokers associations, including the International Yacht Brokers Association and the Yacht Brokers Association of America.

Only boat brokers are able to list boats and yachts on such Multiple Listing Services as YachtWorld.com, BoatTrader.com and Boats.com, and the Multiple Listing Services will not accept listings from owners who want to sell their vessels themselves, the lawsuit states.

Yacht owners are “severely disadvantaged” if they do not list their boats for sale on the listing services, while buyers suffer because their brokers are “financially incentivized” to show boats that will earn them standard “and inflated” commission rates of 4% to 5% through co-brokerage transactions, the complaint states.

None of the defendants contacted for this story responded to a request for comment, and no response has been filed yet in either case.

Robert Allen Jr., whose Miami-based law firm Robert Allen Law represents the International Yacht Brokers Association, did not respond to emails or return a phone call.

A woman who answered the phone at the International Yacht Brokers Association said, “We have no comment on that,” and hung up after a reporter asked for her name.

Of six brokers contacted for comment about the lawsuits, only Tournament Yacht Sales responded to emails. “No comment,” the company’s response stated.

Overall commissions have increased faster than the rate of inflation in recent years as the price of larger boats and yachts have increased, according to the lawsuit that lists Snell as lead plaintiff.

The result is that boat owners pay “hundreds of millions of dollars” in inflated commissions each year, the suit alleges.

Both lawsuits allege violations of the Sherman Antitrust Act that are upheld by “brokers who should be competing with one another but, instead, cooperate with each other to the detriment of pre-owned boat sellers.”

Some brokerages represent both buyers and sellers and retain the entire 10% commissions, the suits state.

The trade associations enforce rules requiring brokers to offer their boats through a listing service and to share commissions, the suits state, adding that they can impose significant penalties on members who do not comply with their rules.

Yacht purchasers are disadvantaged by the current system, the lawsuit alleges, because their agents would otherwise negotiate for their business by decreasing their commission rates.

But buyer brokers’ commissions have remained constant despite their diminishing role, the suits state. Many buyers today find boats they are interested in purchasing through online searches and enlist the services of a buyer’s broker only after identifying the yacht they want to buy, the suits claim.

The lawsuits seek an order declaring the commission structure to be illegal, a permanent injunction outlawing what they describe as anticompetitive conduct, plus damages and/or restitution, pre- and post-judgment interest, and attorneys’ fees.

Paul Geller, an attorney for one of two law firms representing the class that includes Snell, acknowledged “parallels between the allegations relating to commissions in the real estate and yacht markets.”

In the real estate matter, the National Association of Realtors on March 15 agreed to a $418 million proposed settlement that would free home sellers from paying commissions to brokers for both sellers and buyers.

After a jury ruled for the plaintiffs in the case against the National Association of Realtors in October, numerous lawsuits were filed across the country with similar allegations, including one in December against the Florida Association of Realtors and 16 brokerages.

“At bottom, the goals of (the suit against the yacht brokers) are similar: protecting consumers by challenging what we allege to be anti-competitive conduct,” Geller said by email. “We believe in the universal truth that consumers benefit by increased transparency and the competitive pricing that results from negotiated terms, including commissions.”

Geller is a partner at Robbins Geller Rudman & Dowd LLP, which specializes in securities litigation on behalf of investors. The firm has offices in 10 cities, including Boca Raton.

Ron Hurtibise covers business and consumer issues for the South Florida Sun Sentinel. He can be reached by phone at 954-356-4071, on Twitter @ronhurtibise or by email at [email protected].

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All aboard S.S. Facebook.

Mark Zuckerberg has reportedly gifted himself a $300 million megayacht, dubbed “Launchpad,” ahead of his 40th birthday.

The staggering 387-foot-long vessel was seen floating at Port Everglades in Fort Lauderdale, Fla., after arriving at its berth earlier this week, The Sun reported Thursday.

The multi-layered luxury ship’s sleek exterior was designed by Espen Øino International and boasts a steel hull and an aluminum superstructure, according to SuperYacht Times.

Reportedly ranking as the 45th largest yacht in the world, the interiors are just as aesthetically pleasing and reportedly executed by Zuretti Interior Design company, a France-based company specializing in unique and custom yacht design.

The breathtakingly beautiful floater stands out with a navy blue theme matching an American flag perched proudly on its wood-paneled stern.

There are several outdoor areas where the social media maven will be able to relax with his family and the indoor levels feature glass paneling allowing for tons of natural light.

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There also appears to be a helipad perfect for whenever the Facebook co-founder wants to travel to his vessel by air.

The Feadship-built yacht, built in 2022, can comfortably fit 24 guests aboard, requires a crew of 48, and is said to cost $30 million a year for upkeep and usage, according to Superyachtfan.com .

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Want celebrity news as it breaks? Hooked on Housewives?

Boatworld insiders have been buzzing with speculation that Zuckerberg is the owner of the newly minted mega-cruise ever since it made its main voyage from the Netherlands last week.

The tech titan was spotted touring the Russian-commissioned megayacht in early March, though the impressive boat didn’t arrive stateside until this week due to sanctions, according to The Sun.

The website reported that Zuckerberg purchased the pricey yacht – along with its own $30 million partner boat — most likely as an early 40th birthday present to himself.

The boat reportedly traveled to Florida after being granted special permission to be imported just weeks ahead of Zuckerberg’s birthday on May 14.

Zuckerberg’s yacht is just 30 feet shorter than the length of fellow billionaire Jeff Bezos’ 417-foot megayacht Koru, which the Amazon boss snagged for a whopping $500 million.

Zuckerberg’s rep did not immediately respond to Page Six’s request for comment.

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Ecosystem Kalinka

Luxury real estate in Russia, Europe, Asia and Middle East for a comfortable life and profitable investment. Our team — it is an association of market professionals, innovations and digital technologies, traditions and continuous development.

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First place in the real estate market records award in the category of «Professional pride» with the project «Dvoryanskoye Gnezdo».

Only Russian company to win in three «International Property Awards» nominations.

Best real estate agency in Russia according to the «Premio Internazionale Le Fonti» award. Winner of two «International Property Awards» nominations.

Best real estate agency in Russia according to the «International Property Awards» with the presence of representatives of The Daily Telegraph.

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30% of real estate transactions are not done after the purchase decision has been made. That’s why we maintain a constant dialogue with the buyer, lawyers, mortgage brokers and designers, to study the needs and implement the solution.

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Complex on the territory of the business center Moscow-City

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Panoramic windows offer direct views of the legendary Ukraina Hotel, the Government House and the embankments of the Moscow River. Residents have access to the entire infrastructure of the business district within a 10-minute walk. Afimall shopping center, multiplex cinema, cafes and restaurants, fitness studios, beauty salons and viewing platforms.

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Moskvoretsky Park is a 5-minute walk away. In 10 minutes by car - the parks Shodnya, Pokrovskoe-Streshnevo and Stroginsky. A grandiose sports infrastructure is planned on the territory of the peninsula: more than 30 types of activities in one location and three yacht clubs in the neighborhood.

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Kalinka is in the TOP-3 in terms of citation in  the media in the elite real estate market and in the TOP-5 of business class and investment segment. Monthly number of publications mentioning Kalinka  — 250-300. Main sources: RBC, Forbes, Vedomosti, Kommersant, BFM, Elitnoe.ru. Joint analytics and press releases with leading Moscow developers: Insigma, AEON, Level Group and others. The Kalinka press service is always open to the media: journalists can be sure of comments, interviews and expert opinions. We promptly respond to requests and help the editors in the preparation of objective and high-quality materials.

A fifth of the entire interior improvement in the premium segment is created in the area of Minskaya Street

According to research of the Kalinka Ecosystem, the total area of internal landscaping in 40 projects on the premium real estate market in Moscow is 43.5 hectares.

Russians remain the leaders in buying Turkish real estate

Russians still occupy the first place in the demand for real estate in Turkey among foreigners. However, compared to 2022, there is a decrease in demand from our fellow citizens by 17%.

"Obydensky No. 1" became the best-selling club house in Moscow

According to a study of the Kalinka ecosystem, sales in 11 club houses started in the capital in 2023. The leader in sales was the club house "Obydenskiy No. 1", in other projects clients purchased on average four times fewer apartments.

The Kalinka ecosystem has summed up the results of its first year of operation in the UAE.

The Kalinka ecosystem has strengthened its top management team.

In two regional divisions of the company - Kalinka Turkiye and Kalinka Middle East - new sales directors have been appointed.

Kalinka Middle East has received several awards from a leading developer in Abu Dhabi.

The company won in several nominations as a developer of Aldar Properties and has been included among the best real estate agencies in Abu Dhabi.

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CEO of International consulting company Kalinka

Alexey Chumalov

General manager of Kalinka Moscow

Alexander Shibaev

General manager of Kalinka Middle East

Yulia Kovaleva

City real estate manager

Polina Medelyanovskaya

Denis Trusov

Dmitry Mezhinsky

Mikhail Dolgov

Head of Country Property Department

The owner of a $3.4 million Lamborghini yacht screamed 'I will kill you' and threw $100 bills into the water when told he couldn't use a private dock

• The owner of a Lamborghini yacht threatened a private dock employee, per CBS8.
• The employee said Ajay Thakore mooned and threw cash at him after being told he couldn't use the dock.
• Thakore, the CEO of Doctor Multimedia, issued an apology through his public relations team.

The owner of a $3.4 million Lamborghini yacht threatened a private dock employee after being told he couldn't be there, the San Diego-based broadcaster CBS8 reported on March 11.

Joseph Holt, a 21-year-old employee at Marriot Marina in San Diego, told CBS8 that he spotted the yacht sailing into the private dock. The owner, whom CBS8 identified as Ajay Thakore, tried to pick another person up at the dock, Holt said.

"I told him respectfully that he couldn't be there, and I honestly was hoping to have a conversation with him about his cool boat," Holt told CBS8.

In a YouTube video posted by @SM-wc9eq on March 10, a dark blue Tecnomar for Lamborghini 63 is seen sailing out of a dock. A man in a gray T-shirt, a pair of jeans, and a cap was shown standing on the yacht. The man appeared to be Thakore, per CBS8.

Thakore was shown shouting at Holt. "I will kill you, you know I will kill you!" he can be heard saying multiple times in the video

Thakore was later shown pounding his fist on his palm and pointing his thumb down before telling Holt: "To your face!" Holt was shown responding by pointing his middle finger at Thakore.

"I really was trying to restrain myself from getting fired from my job or stepping out of line. The only thing I did was give him the bird," Holt told CBS8.

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Holt said Thakore then took $100 bills from his wallet and threw them at him. He added that Thakore mooned him. This exchange was not shown in the video.

"He was saying I'm nobody, I'm nothing, I work a silly job. He said that he knows people, he has connections, he can change my life and ruin it," Holt said. Holt did not immediately respond to Business Insider's request for comment.

The San Diego Harbor Police arrived at the marina 10 minutes after Thakore's yacht exited the dock, per CBS8.

The Harbor Police told Business Insider that Holt decided to press charges against Thakore and that they are investigating the incident.

According to Thakore's LinkedIn page , he's the CEO of Doctor Multimedia. The company's website shows that it's a healthcare marketing firm based in San Diego. Thakore appears to go by the name Ace Rogers on Instagram and TikTok, where he's noted as being a professional gambler.

Thakore, through his public relations team, told CBS8 in a statement that his altercation with Holt was "regrettable."

"What started as a minor misunderstanding escalated into an argument, and I apologize for my actions and to those who witnessed the unfortunate exchange," the statement said. Thakore did not immediately respond to a request for comment from BI.

Thakore isn't the only CEO who's been called out for threatening another person. In November 2021, an Activision spokesperson told BI that its ex-CEO Bobby Kotick had previously apologized for telling his assistant he would have her killed. The spokesperson added that Kotick's threat was "obviously hyperbolic and inappropriate" and that "he deeply regrets the exaggeration and tone."

In June 2020, Lisa Alexander, the CEO of LaFace Skincare, a cosmetics company, apologized in a statement to the media after she had threatened to call the police on her neighbor for writing "Black Lives Matter" on his property. Alexander said in the apology that she was "disrespectful" and "should have minded my own business."

March 21, 2024: This story has been updated with Harbor Police's comments.

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