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The Rolex Yacht-Master II Reference 116681

2007 was the year Rolex proved that it could only be taunted so much by detractors for the lack of complications in its lineup before it would come out swinging. It has long been the anti-Rolex league’s favorite go-to criticism, holding up the Swiss giant’s catalog of ruggedly simple, almost minimalist, three-hand watches and sneeringly comparing them to the overtly functional pieces from the likes of Patek Philippe or Vacheron Constantin. Did Rolex lack the imagination to compete with the sky charts and moonphases of other watchmakers? Or was it the technical prowess it was missing? Rolex took it with its usual granite stoicism for decades, with the modesty of the Day-Date’s dual calendar or the Daytona’s chronograph seemingly as extravagant as it was prepared to go. Then, the iconic Swiss watch manufacturer released the Rolex Yacht-Master II series.

Vastly different from the original and less complex Yacht-Master, the Rolex Yacht Master II is a vibrant behemoth that contains one of the most technically impressive complications ever made. As a product, it could also serve as the dictionary definition of the word “niche.” Powered by a new caliber that required more than 35,000 hours to devise, the result was a watch that’s sole purpose was to help yacht skippers coordinate the starting procedure of a sailing regatta. The first models of the collection were available in either yellow or white gold. Then In 2011, the Yacht master II ref. 116681 appeared, which is a striking Rolesor variant that blends tough 904L stainless steel with precious 18k Everose gold. If you’re into big watches that make a bold statement on the wrist, then keep reading for everything you need to know about the Rolex Yacht-Master II 116681

Rolex Yacht-Master II 116681

Yacht-Master II Reference 116681 Key Features:

• Reference Number: 116681
• Year of Introduction: 2011
• Case Size: 44mm
• Materials: Everose Rolesor (wo-tone stainless steel and Everose gold)
• Functions: Time w/ running seconds, regatta chronograph featuring a programmable countdown timer with mechanical memory and on-the-fly synchronization
• Dial: White w/ Luminous Hour Markers
• Hands: Straight or Mercedes
• Luminous Material: Chromalight
• Bezel: Ring Command Bezel; blue Cerachrom insert w/ 10-minute scale
• Crystal: Sapphire (Flat)
• Movement: Rolex Cal. 4161 (automatic w/ 72-hour power reserve)
• Water Resistance: 100 meters (330 feet)
• Strap/Bracelet: Oyster Bracelet (two-tone stainless steel and Everose gold)
• Clasp: Oysterlock with 5mm Easylink extension
• Approx. Price (USD): $25,350 (Retail); $30,000 – $35,000 (Pre-Owned)

Click here for our Ultimate Buying Guide on the Rolex Yacht-Master II

Everose Rolesor Yacht Master II Design

While the styles of the Yacht-Master II watches have split opinions and are a world away from the handsome elegance that has been the Rolex hallmark for over 100 years, this technical yet luxurious sports watch has won plenty of fans. Its concept and sheer audacity have also silenced many of the brand’s critics and Rolex has proved that, should it decide to mix it up in the world of complications, it can compete with the best of them.

As mentioned, the first two Rolex Yacht Master II models that debuted in 2007 were in yellow gold (ref. 116688) and white gold (ref. 116689, which was discontinued in 2022). Five years later, Rolex unveiled the Yacht-Master II ref. 116681 as the two-tone Everose gold and stainless steel variant. The combination of the two metals, the bright blue bezel (crafted from Rolex’s ceramic alloy, Cerachrom), and the flashy dial is certainly not the subtlest of Rolex watches, but somehow, the Yacht-Master II 116681 just works.

The Everose gold elements – on the bezel numerals, crown, pushers, snailing around the seconds sub-dial, and center links of the sporty Oyster bracelet – soften some of the brashness of the all-steel or yellow gold versions. As a variant, it’s a definite eye-catcher. It has retained its rather graceful proportions, especially for such a large piece and one that crams in so much functionality. The 44mm case (the biggest case size in the Rolex fleet that’s only shared by the Deepsea) affords a large surface area for the dial designers to play with. And it’s just as well. There is a lot of information displayed on the watch’s face, but the logical placement of each element gives it legible readability.

At the top is a horseshoe-shaped track numbered to ten. The starting gun in a regatta is preceded by a warning signal, often either five or ten minutes beforehand. It informs participants the countdown has begun, and the Yacht-Master II’s curved gauge is there to precisely time the flying start – the long dagger-like hand marks the countdown seconds while the small red arrow-tipped hand displays the countdown minutes.

However, the clever part comes should our yacht skipper need to reset the countdown for any reason. The watch is the first in the world to feature a mechanical memory with both flyback and fly-forward functionality, and it allows the regatta timer to reset to synchronize with the official race timer – either forwards or backwards to the nearest minute. Therefore, should the countdown have been triggered too early or too late, it’s a simple step to bring it back in line.

Rolex Yacht-Master II Dial Update

On the occasion of the 10th anniversary of the Yacht-Master II, Rolex rolled out redesigned dials across the entire collection – including, of course, the Yacht-Master II ref. 116681. So what changed?

First, Rolex replaced the original straight hands with a Mercedes handset, which is much more common across the brand’s sports watches. Also, the hands of the Yacht Master II 116681 went from a dark blue to Everose gold – a nice touch to match the rest of the pink-toned details of the watch. Another dial update that occurred to bring the face of the Yacht-Master II more in line with Rolex’s other sports watches concerns the shape of the hour markers.

Earlier models featured square lume-filled indexes for each hour. However, after the 2017 dial redesign, Yacht-Master II watches now included an inverted triangle and a rectangle at 12 and 6, respectively. Naturally, since the Yacht-Master II 116681 is an Everose Rolesor edition, the hour markers feature Everose gold surrounds.

Yacht-Master II Ring Command Bezel and In-House Caliber

The key to the impressive functionality of the Rolex Yachtmaster II lies in the model’s most conspicuous component: the bright blue Cerachrom bezel with its oversized, pink golden numerals. More than simply being the watch’s border, the bezel is central to its overall operation.

Directly linked to the internal movement, the Ring Command Bezel, to give it its proper title, unlocks the programmable actions of the watch by rotating it counter-clockwise through 90 degrees. With the bezel activated, the crown can be used to set the countdown duration and the two pushers at the two and four o’clock positions start and stop the chronograph and work the flyback function. It sounds like a convoluted affair, but in reality, there is a beautifully designed intuitiveness to getting the most out of the Yacht-Master II.

The Rolex engineers have pared down the process as much as possible, while still retaining all the necessary performance. Underneath everything lies the movement. The original references were released with the Cal. 4160, a heavily reworked version of the Daytona’s Cal. 4130, complete with the vertical clutch that eliminates backlash on the chronograph seconds hand.

By 2013, Rolex had perfected the purpose-built Cal. 4161 specifically for the Yacht-Master II. At the time, it was the company’s most component-heavy movement to date, and the Caliber 4161 is constructed from 360 separate parts. As well as the improved accuracy and shock resistance provided by including Rolex’s proprietary Parachrom hairspring, the 31-jewel, high-beat movement also has a power reserve of 72 hours.

Over A Decade of the Rolex 116681 Yacht-Master II

The Rolex Yacht-Master II ref. 116681 has been a part of the brand’s catalog for over a decade now. Despite the movement update in 2013 to the Caliber 4131 and the dial update that occurred in 2017, Rolex has retained the same reference number since this two-tone variant’s release in 2011. And that’s quite curious given that Rolex has allocated new reference numbers to other watch models that have undergone much more subtle updates. Rolex truly works in mysterious ways!

It’s also interesting to note that in 2022, Rolex discontinued the white gold and platinum Yacht-Master II ref. 116689, which brings the Yacht-Master II lineup down from four references to only three. Perhaps the end of the Rolex Yacht-Master II ref. 116681 is near? Though we don’t wish for that to happen, it’s not uncommon for the modern-day Rolex to replace models after about a decade (or less) of production.

While the Rolex Yacht-Master II 116681 has an undeniable heft and is ultra-luxurious, it can easily be worn all day. Its watertight Oyster case ensures it’s more than a match for the rigors of life on the ocean and its robust self-winding movement is top-notch. As a skipper’s watch, this Rolex Yacht-Master II is in a class all its own. But even if you don’t sail competitively and only ever use the watch’s innovative timing function in the kitchen (if at all,) the steel and Everose gold Yacht-Master II ref. 116681 is a head-turning luxury sports watch that’s unlike any other in Rolex’s lineup.

About Paul Altieri

Paul Altieri is a vintage and pre-owned Rolex specialist, entrepreneur, and the founder and CEO of BobsWatches.com. - the largest and most trusted name in luxury watches. He is widely considered a pioneer in the industry for bringing transparency and innovation to a once-considered stagnant industry. His experience spans over 35 years and he has been published in numerous publications including Forbes, The NY Times, WatchPro, and Fortune Magazine. Paul is committed to staying up-to-date with the latest research and developments in the watch industry and e-commerce, and regularly engages with other professionals in the industry. He is a member of the IWJG, the AWCI and a graduate of the GIA. Alongside running the premier retailer of pre-owned Rolex watches, Paul is a prominent Rolex watch collector himself amassing one of the largest private collections of rare timepieces. In an interview with the WSJ lifestyle/fashion editor Christina Binkley, Paul opened his vault to display his extensive collection of vintage Rolex Submariners and Daytonas. Paul Altieri is a trusted and recognized authority in the watch industry with a proven track record of expertise, professionalism, and commitment to excellence.

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Rolex Yacht Master II Watches

Rolex Yacht-Master II 116680 is precisely designed with oyestersteel stretching back to the family of 904L steel family for devious climates. The 44mm case material is inclusive of a new white dial enhancing legibility with Bidirectional self-winding via Perpetual rotor. This gleaming model has 4161 caliber, approximately 72 hours of power reserve and water resistance up to 100m or 330 feet. The Bidirectional rotatable Ring Command bezel adds to the perfection of the yacht master with the inclusion of Blue Cerachrom insert in ceramic and engraved numerals and inscription. The Yacht Master II has the folding Oysterlock safety clasp with Easylink of 5 mm comfort extension link and providing the precision of -2 and +2 seconds a day.

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Other types of Rolex

History of rolex yacht master ii watches.

Rolex is simply known for creating its classic and traditional timepiece. Although it is never the one to release a new watch each year, but whenever it introduces any new model, it is just indomitable. Thus with the introduction of the new Yacht Master II in 2010, the Rolex set its sail with success. A bit about its history; the Rolex Yacht Master II is a sports watch which was disclosed in 2007 but was first introduced in 2010. It is basically available in four models, and the first ones were the Rolex Yacht Master II Gold 116688 and Rolex Yacht Master II White Gold 116689. Later in the year 2011, the Rolex introduced the next model which was Rolex Yacht Master II Everose Gold 116681 and it was made from steel and Everose gold. And the last model is the 116680 which was released in the Baselworld 2013 and was made available for the first time in 904L steel, fitted with a cerachrom bezel insert in blue ceramic. Originally the watch was introduced with the 4160 calibre movement, but later with the launch of 2013 model which is the 116680, it updated to the 4161 calibre movement which was specifically designed for the Yacht Master 2. The common feature which distinguishes the Yacht Master II from the other models is its large case size of 44mm which has a commanding presence. Thus regardless of the metal variants which has been used in the Rolex Oyster Perpetual Yacht Master II, they all have the same case diameter of 44mm. It is known that it is most suitable for professional sailors because of its feature which is called a Regatta Timer. Now you may ponder what this Regatta Timer actually is? So a regatta timer is chiefly used by the skippers, that is, the master of the boat or the yacht and it is used to determine the exact time when their yacht is allowed to cross the starting line. As you might know that the boats can not just hover or stay put at the starting line, so in case you cross the line before the set time, you are given a penalty and if you are too watchful, you might lag behind, thus this is where the function of regatta timer is being used. So basically the racing committee of the yacht race sets a uniform countdown or "regatta" period during which the boats that are participating have to sail back and forth towards the starting line without crossing it. And this countdown can be set anywhere varying from five to ten minutes depending on the rules of the race. Thus a good watch with an accurate movement becomes essential here. The mechanism of the regatta is really simple. All one has to do is set the time of the countdown to the start, then push the trigger at two o'clock and it begins the countdown timer. And just in case the skipper pushed the trigger too early or too late in the beginning, he can wait for the second signal at a halftime, that is, at 5 minutes, and can re-adjust his timer by pushing the reset button which is at 4 o'clock. And finally, to calculate the exact timing, the remaining time can be read off second by second. Thus this watch is ideal for the sailors, plus the regatta function and the process are really simplified in the Yacht Master 2. Now coming to the four models which the Yacht Master II offers, as mentioned before they are available in four different metal options. Thus you can choose it according to its weights, which ranges from steel which is a bit heavy to gold/steel which becomes heavier, to solid yellow gold which is even heavier to the last which is made of platinum and white gold combined. The next feature is, of course, the water resistance, as it a mandatory element for any sailor's watch. So the Yacht Master II is an Oyster (naturally), which is the waterproof case and it comes with the brand's signature oyster bracelet as well. Next, the dial of the Yacht Master II is simply elegant and has been beautifully executed. It features an all-white lacquer finish with chroma light hour and its minute hands are built in 18k white gold with blue PVD coating, and there is a small second counter present at 6 o'clock. The hour indexes as well have the chroma light markings. And now that the Rolex Yacht-Master II is all about ‘timing the start', the red-contoured countdown arrow which is on the 10-minute countdown gives accuracy to the job by being readable at a glance. Thus pick your choice of luxurious Yacht Master II, and set your watch collection on a sail.

Features of Rolex Watches

Rolex, since its inception in 1908, has brought various innovative technological revolution to the wristwatch industry and is still evolving. Rolex, which is popular as a mechanical watch also in Japan, has value, functional beauty and reliability supported by the high technical force of skilled technicians is not found in other brands.

Stainless steel

As a Brand of quality, Rolex Company usually creates its watches using high-quality non-corrosion steel, 904L Stainless Steel, that no other brand uses. Unlike the 316L which is widely used by other brands, 904L steel is very durable and shinier.

Although it’s hidden by the impermeable case, Rolex watches have been equipped with perpetual movements for years. Of which have been greatly celebrated by the watch wearers following its Chronometric performance. Recently, anyhow, the renowned Swiss brand was able to introduce its new movement- Caliber 3255, which is believed to even surpass the set COSC level of Chronometric precision.

Oyster Case

Recognized as the first impermeable case in the world, Oyster case is one of the largest milestones of Rolex which was invented in 1926. The Rolex Oyster diver watches are guaranteed to have a water resistance of up to 3,900 meters.

Triplock Crown Seal

Various Rolex sports watches have been fitted with a triplock winding crown seal which helps enhance the waterproofness of the watch. This system, natheless, is fitted in the winding crown’s tube, thus, is only visible after unscrewing the winding crown.

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A Week On The Wrist The Rolex Yachtmaster 40mm With Oysterflex Bracelet

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There is big news, and there is Rolex big news, and in some ways, ne'er the twain shall meet. At Baselworld this year, Rolex debuted a first for the company: the very first, ever, Rolex delivered on a rubber strap. Now, for most companies this would have little effect on watch enthusiasts other than to evoke (very) tepid interest at best, and boredom at worst – but this is not an ordinary rubber strap, this is an official, designed-and-tested-and-thoroughly-obsessed-over-by-Rolex rubber strap. And thereby hangs a tale.

The Yachtmaster, as we have mentioned in some of our previous coverage , occupies a somewhat particular place in Rolex’s lineup of sports watches; it shares water-resistance and a turning bezel with the Submariner (the latter is water resistant to 300 m while the Yachtmaster standard model is water resistant to 100 m). It is certainly not a tool watch; the Yachtmaster is offered in either platinum and steel, or gold and steel (that’s Rolesium and Rolesor, lest we forget) and is either quietly or unequivocally luxurious depending on what size and metal you go for (Rolex makes the Yachtmaster in both 35 mm and 40 mm sizes). 

The Yachtmaster’s history goes back to the first introduction of the watch in 1992, although the name, interestingly enough, appears on the dial of a prototype Yachtmaster Chronograph from the late 1960s (a watch so legendary I am actually forced to use the word; one of three known is in the collection of Mr. John Goldberger; we covered it – and a host of other remarkable ultra-rare watches from his collection – in a very memorable episode of Talking Watches ).

The term “Yachtmaster” is also, incidentally, used for a certificate of competency in yachting which is issued by the Royal Yachting Association, although we’re unaware of any specific association between the RYA and the Yachtmaster watch.

Now, this newest version of the Yachtmaster does take a few pages from the existing Yachtmaster playbook: 100-meter water resistance, a bidirectional turning bezel, and a dial and hands that echo the Submariner. There are also a couple of features that may make vintage Sub enthusiasts wonder if Rolex mightn’t have an exceedingly subtle sense of humor; the gilt coronet and “Rolex,” and the red lettering, both features which according to HODINKEE founder Ben Clymer would have, had they appeared on a Rolex dive watch, made it instantly the single most popular watch in the modern Rolex inventory. The case is rose gold – Rolex famously makes their own, called Everose, in their own foundry, with a bit of platinum mixed in to prevent discoloration – and the bezel, rather than being some other precious metal (as is the case in the “standard” Yachtmasters) is in black Cerachrom – a very technical-looking matte black that contrasts sharply with the gold case. Somehow, between the rose gold, the Cerachrom bezel, and the new Oysterflex bracelet this manages to be the most luxurious and at the same time most technical Yachtmaster yet (leaving aside the Yachtmaster II, which we recently reviewed right here , but that is a watch that marches to the beat of a different drummer entirely).

The two different versions of the Everose Yachtmaster (40 mm and 37 mm) sport different movements; the larger uses the caliber 3135 and the smaller, the newer 2236, which sports the “Syloxi” silicon balance spring (first used by Rolex in 2014).

The Oysterflex bracelet is, in a nutshell, quite a piece of work. One of the most endearing traits of Rolex as a company is that it tends to demonstrate what we can only describe as a laudable degree of corporate obsessive-compulsive disorder when it comes to research and development, and it does so, often, without making any sort of fanfare about it at all. In this case we do know a little bit about the Oysterflex, however – it is basically designed to have the hypoallergenic and comfort properties of a rubber strap and the durability and shape-retention properties of a bracelet. 

At the core of the Oysterflex bracelet are metal inserts made of titanium and nickel, which are used to affix the bracelet to the clasp and watch case; over those is a sheathing of “high-performance black elastomer.” “Elastomer” is a portmanteau word, formed from “elastic” and “polymer” and is a general term for natural and synthetic rubbers. In addition to the materials complexity of the Oysterflex bracelet, it is also shaped in a rather unusual fashion – there are ridges molded into the the wristward face of the bracelet, which are intended to allow the bracelet when worn to better approximate the natural curvature of the wrist.

They might look a bit odd but in practice, the design works out quite wonderfully; this is easily the most downright comfortable and organic-feeling rubber strap I have ever worn, and like the entire watch manages to be both extremely technical in feel, and very luxurious at the same time; I doubt whether any company has ever taken so much trouble over the design of a strap (for all that Rolex prefers the term “bracelet” in describing the Oysterflex, habit dies hard and you’ll probably find yourself calling it a strap, just as we did). On the wrist, the two stabilizing ridges do exactly what they are supposed to: keep the watch from shifting, as heavier watches on rubber straps are wont to do, without requiring you to have the strap uncomfortably tight. The Everose Oysterlock clasp does a superb job mechanically and also looks fabulous into the bargain; the quality of finish on the clasp and case may not seem terribly elaborate at first, but it is as technically flawless as anything I have ever seen at any price, on any watch.

What we have here, in other words, is a very Rolex interpretation of luxury. Yes, this is a gold watch, and a gold Rolex, and wearing a gold Rolex always carries with it, shall we say, certain semiotic complexities. However there is also another side to the watch, and to the Rolex approach to luxury in general: the taking of such pains to produce technical perfection that technical perfection becomes a luxury in itself.

The Everose Rolex Yachtmaster, in Rolex Everose, with Everose Oysterclasp and Oysterflex bracelet, as shown, $22,000 in 37 mm, and $24,950 in 40 mm. For more info, check out Rolex.com.

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VESSEL REVIEW | Sinichka – Electric commuter boats designed for Russia’s Moskva River

A series of three new electric monohull commuter ferries have already begun operational sailings on the Moskva River in the Russian capital Moscow.

Built by Russian shipyard Emperium, sister vessels Sinichka , Filka , and Presnya – all named after rivers in Moscow – are being operated by the Moscow Department of Transport and Road Infrastructure Development (Moscow Deptrans). They are the first units of a planned fleet of 20 vessels that will serve the capital city and other nearby communities. The new ferry system will be the water transport system to be operated on the Moskva River in 16 years.

Each vessel has a welded aluminium hull, an LOA of 21 metres, a beam of 6.2 metres, a draught of only 1.4 metres, a displacement of 40 tonnes, and capacity for 80 passengers plus two crewmembers. Seating is available for 42 passengers on each ferry, and the main cabins are also fitted with USB charging ports, wifi connectivity, tables, toilets, and space for bicycles and scooters. The cabin layout can be rearranged to allow the operator to adjust the distances between the seats and to install armrests of varying widths.

An open upper deck is also accessible to passengers and is the only area on each ferry where smoking is allowed.

The ferries are all of modular construction with each ferry’s wheelhouse, main cabin, and other structural elements being built as complete, separate components. This enables the ferries to be easily dismantled for transport to anywhere in Russia by rail and then quickly re-assembled within seven days.

The ferries are also ice-capable. Recently completed operational trials on the Moskva showed that the vessels can also easily navigate under mild winter conditions with broken surface ice, though year-round operations are planned for the entire fleet.

The ferries are each fitted with 500kWh lithium iron phosphate battery packs that supply power to two 134kW motors. This configuration can deliver a maximum speed of 11.8 knots, a cruising speed of just under 10 knots, and a range of 150 kilometres.

Emperium said the transfer of rotation of electric motors to the propeller is carried out by direct drive. As a propulsion installation, a pulling rotary propeller-steering column with double screws is used. The installation of double pulling screws, with similar power, allows an operator to increase the efficiency of the propulsion system to deliver a slightly higher speed or to reduce energy consumption. This arrangement also provides the ferries with enhanced manoeuvrability necessary for navigating in close quarters.

The batteries themselves have projected service lives of 10 to 12 years and are fitted with safety features such as built-in fire extinguishers and gas vents. Quick-disconnect features allow the batteries to be easily removed for replacement or maintenance.

Some of our readers have expressed disquiet at our publication of reviews and articles describing new vessels from Russia. We at Baird Maritime can understand and sympathise with those views. However, despite the behaviour of the country’s leaders, we believe that the maritime world needs to learn of the latest developments in vessel design and construction there.

Click here to read other news stories, features, opinion articles, and vessel reviews as part of this month’s Passenger Vessel Week.

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Russia-related Designations, Updates and Removal; Counter Terrorism Designation Update; Issuance of Russia-related General Licenses

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Russia-related General License 13G , "Authorizing Certain Administrative Transactions Prohibited by Directive 4 under Executive Order 14024"; Russia-related General License 74 , "Authorizing the Wind Down and Rejection of Transactions Involving East-West United Bank"; Russia-related General License 75 , "Authorizing Certain Transactions Related to Debt or Equity of, or Derivative Contracts Involving, Certain Entities Blocked on November 2, 2023"; and Russia-related General License 76 , "Authorizing the Wind Down of Transactions Involving Certain Entities Blocked on November 2, 2023."

Additionally, OFAC has updated its Specially Designated Nationals and Blocked Persons List:

The following deletions have been made to OFAC's SDN List: 

PUBLIC JOINT STOCK COMPANY ODK SATURN (a.k.a. NPO SATURN JSC; a.k.a. "SATURN NGO"), 163 Lenina Ave, Rybinsk 152903, Russia; Tax ID No. 7610052644 (Russia); Registration Number 1027601106169 (Russia) [RUSSIA-EO14024].  NPO SATURN JSC (a.k.a. PUBLIC JOINT STOCK COMPANY ODK SATURN; a.k.a. "SATURN NGO"), 163 Lenina Ave, Rybinsk 152903, Russia; Tax ID No. 7610052644 (Russia); Registration Number 1027601106169 (Russia) [RUSSIA-EO14024].  "SATURN NGO" (a.k.a. NPO SATURN JSC; a.k.a. PUBLIC JOINT STOCK COMPANY ODK SATURN), 163 Lenina Ave, Rybinsk 152903, Russia; Tax ID No. 7610052644 (Russia); Registration Number 1027601106169 (Russia) [RUSSIA-EO14024]. 

Unrelated Administrative List Updates:

NOLAN (f.k.a. OSLO) Oil Products Tanker Panama flag; Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886; Vessel Registration Identification IMO 9179701; MMSI 354798000 (vessel) [SDGT] (Linked To: PONTUS NAVIGATION CORP.). -to- NOLAN (f.k.a. "OSLO") Oil Products Tanker Panama flag; Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886; Vessel Registration Identification IMO 9179701; MMSI 354798000 (vessel) [SDGT] (Linked To: PONTUS NAVIGATION CORP.).

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The funeral of Russian opposition leader Alexei Navalny will be on Friday, spokesperson says

Yulia Navalnaya, widow of Russian opposition leader Alexei Navalny addresses the European Union’s parliament on Wednesday Feb. 28, 2024 in Strasbourg, eastern France. The grief-stricken widow of Russian opposition leader Alexei Navalny implored the 27-nation bloc to stand up to Russian President Vladimir Putin. The legislature often interrupted her speech with applause and lauded her efforts to keep the memory of Navalny alive. (AP Photo/Jean-Francois Badias)

FILE - In this handout photo taken from video provided by the Moscow City Court on Feb. 2, 2021, Russian opposition leader Alexei Navalny shows a heart symbol while standing in a defendants’ cage during a hearing in the Moscow City Court in Moscow, Russia. Navalny, who died in an Arctic penal colony on Feb. 16, spent months in punishment cells for infractions like not buttoning his uniform properly or not putting his hands behind his back when required. (Moscow City Court via AP, File)

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The funeral of Russian opposition leader Alexei Navalny , who died earlier this month in a remote Arctic penal colony, will take place Friday in Moscow after several locations declined to host the service, his spokesperson said.

His funeral will be held at a church in Moscow’s southeast Maryino district on Friday afternoon, Kira Yarmysh said Wednesday. The burial is to be at a nearby cemetery.

Navalny died in mid-February in one of Russia’s harshest penal facilities. Russian authorities haven’t announced the cause of his death at age 47, but many Western leaders have already blamed it on Russian President Vladimir Putin .

His widow, Yulia Navalnaya , accused Putin and Moscow Mayor Sergei Sobyanin of trying to block a public funeral. “We don’t want any special treatment — just to give people the opportunity to say farewell to Alexei in a normal way,” she wrote on X, previously Twitter.

AP AUDIO: The funeral of Russian opposition leader Alexei Navalny will be on Friday, spokesperson says.

AP correspondent Karen Chammas reports on plans to memorialize Navalny.

Yarmysh described the difficulties his team encountered in trying to find a site for a funeral, saying that most venues claimed they were fully booked, with some “refusing when we mention the surname ‘Navalny,” and one disclosing that “funeral agencies were forbidden to work with us.”

Ivan Zhdanov, the director of Navalny’s Anti-Corruption Foundation, said the funeral was initially planned for Thursday –- the day of Putin’s annual state-of-the-nation address – but no venue would agree to hold it then.

“The real reason is clear. The Kremlin understands that nobody will need Putin and his message on the day we say farewell to Alexei,” Zhdanov wrote on his messaging app channel.

In an interview with the independent Russian news site Meduza on Wednesday, Zhdanov said authorities were pressuring Navalny’s relatives to “have a quiet family funeral” and move the burial to the Khovanskoye cemetery on Moscow’s southwestern outskirts.

“They are again blackmailing relatives and saying: either hold a quiet family funeral, or nothing will really work out for you,” Zhdanov said.

He said Navalny’s lawyer, Vasily Dubkov, who helped Navalny’s mother retrieve her son’s body, was briefly detained on Tuesday “as some kind of suspicious person” when he went to visit the morgue, where Zhdanov said there currently is a strong police presence.

Zhadov declined to comment on the circumstances of Navalny’s death, but repeated claims by close Navalny associate Maria Pevchikh that there had been negotiations for a possible prisoner exchange involving Navalny before his death.

The exchange “was at the final stage” and would have taken place “with the mediation of the United Arab Emirates and Roman Abramovich,” Zhdanov said.

Claims about negotiations for a prisoner exchange, which were repeated on social media by other Navalny aides, could not be independently confirmed.

Shortly after the announcement of the funeral plans, Navalny’s widow addressed European lawmakers in Strasbourg.

Speaking at the European Parliament, she confirmed that her husband would be buried on Friday and expressed fears that the police might interfere.

“I’m not sure yet whether it will be peaceful or whether police will arrest those who have come to say goodbye to my husband,” Navalnaya said.

Appearing tearful at some points amid applause from lawmakers but largely resolute, Navalnaya said her husband’s death “showed everyone that Putin is capable of anything, and that you cannot negotiate with him.”

She appealed to the European Parliament to be “innovative” in its approach to the Russian president and those close to him.

“You cannot hurt Putin with another resolution or another set of sanctions,” she said, urging lawmakers instead to “apply the methods of fighting organized crime, not political competition.”

She asked the parliament to investigate “financial machinations” and “mafia associates” in their countries and “discreet lawyers and financiers who are helping Putin and his friends to hide money.”

Navalnaya and Navalny were married for more than 20 years, and she was at his side as he helped lead the biggest protests in Russia since the collapse of the Soviet Union.

In introducing Navalnaya, the president of the European Parliament, Roberta Metsola, paid tribute to Navalny.

“For many in Russia and outside, he represented hope. Hope in better days. Hope in a free Russia. Hope in the future,” she said.

Oyster Perpetual

Yacht-Master

Staying on course, mapping invisible routes.

For those at sea, staying on course is a constant challenge. When dealing with the elements, nothing is certain and constant reaction is required to stay in the right direction. Since its launch in 1992, the Oyster Perpetual Yacht-Master has been equipped with a bidirectional rotatable bezel that facilitates the calculation and reading of navigational time. Elegantly combining functionality and nautical style, this watch has made its mark well beyond its professional realm.

A shared quest for precision

Knowing where you are in space and time, setting a course and sticking to it are vital in navigation. Given its function, the watch is an essential tool for sailors to assess their position. Regarded as the most precise horological instruments in the world, marine chronometers have been certified by astronomical observatories since the 18th century. At the time, the ultimate authority for measuring chronometric precision was the Kew Observatory in Great Britain.

In 1914, the founder of Rolex, Hans Wilsdorf, had one of the brand’s watches tested by this very observatory, which certified it as a chronometer: a first in the watchmaking world for a wristwatch. Since then, renowned sailors, such as Sir Francis Chichester and Bernard Moitessier, have navigated the seas with Rolex wristwatches serving as onboard chronometers.

Matching the precision of marine chronometers was fundamental to Rolex’s watchmaking.

Designed for navigators

Sailing occupies a special place in the world of Rolex. In 1958, the brand partnered the New York Yacht Club, creator of the legendary America’s Cup. Rolex then formed partnerships with several prestigious yacht clubs around the world and became associated with major nautical events – offshore races and coastal regattas.

These strong ties culminated in 1992 with the launch of the Yacht-Master. Boasting the robustness and waterproofness of our Oyster case, this chronometer is fitted with a bidirectional bezel with raised 60-minute graduations to enable navigational time to be calculated and read.

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Precious on land and at sea

Available in three diameters – 37, 40 and 42 mm – and in various precious versions – 18 kt yellow, white and Everose gold – as well as in Everose Rolesor and Rolesium versions, the Yacht-Master is unique in the world of Rolex professional watches. An elegant watch with a sporty character, it was the first to be paired with an Oysterflex bracelet in 2015.

In 2023, after testing under real-life conditions by acclaimed helmsman Sir Ben Ainslie, Rolex launched a new version of the Yacht-Master 42. It is made of RLX titanium, a high-performance material, at once light, robust and corrosion resistant.

A veritable ally at sea, the Yacht-Master also elegantly adorns the wrists of navigators once back on solid ground. With many different versions, it is a model that transcends its seafaring origins. It has become a watch for those who know how to change course without losing sight of the horizon, moving freely.

Yacht-Master 42

Oyster, 42 mm, yellow gold.