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WASHINGTON, United States (AFP) — Authorities in Fiji have seized the $300 million yacht of Russian oligarch Suleiman Kerimov after the US Justice Department requested the vessel be held for violating sanctions and for alleged ties to corruption, the department said Thursday. The five-year-old, 348-foot (106 meter) “Amadea” was berthed in Lautoka, Fiji in the South Pacific when local authorities took control of it based on a US warrant and a Justice Department request. “The […]
BERLIN, Germany (AFP) — Germany has officially confiscated the world’s largest superyacht owned by Russian oligarch Alisher Usmanov, as part of sanctions against Moscow following the outbreak of war in Ukraine, police sources said Thursday. The 156-metre (1,680-feet) long “Dilbar” has an estimated value of $600 million ((555 million euros) according to Forbes magazine. Since last October the boat has been docked for repairs in a Hamburg shipyard. German customs had been eyeing the superyacht […]
THE HAGUE, Netherlands (AFP) — Dutch customs authorities have impounded 14 yachts in shipyards, including 12 still under construction, as part of Western sanctions imposed over Russia’s invasion of Ukraine, the government said Wednesday. European and US authorities have seized several yachts with links to Russian tycoons under the unprecedented sanctions that followed the February 24 invasion. “Given the current measures, these vessels cannot be delivered, transferred or exported for the moment,” Foreign Minister […]
HONG KONG, China (AFP) — A collision between a mainland Chinese fishing boat and the American-Danish team during the fourth leg of the Volvo Ocean Race left one man dead, police said Saturday, overshadowing a historic victory for the Hong Kong team as the city hosted the race for the first time. Local group Sun Hung Kai/Scallywag triumphed despite some significant setbacks in the gruelling 5,800 nautical mile stage from Melbourne, Australia, closely followed by […]
A yacht hit the Bastera Reef, which is part of the Tubbataha Reef in Palawan. The two American passengers were rescued while the Philippine Coast Guard is still investigating the incident.
