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Billionaire roman abramovich’s yacht is ‘the prize to seize’ amid russia conflict.

Composite image of Russian billionaire Roman Abramovich and his yacht Eclipse

Russian billionaire Roman Abramovich’s $500 million megayacht is the prize piece of hardware the international community wants to seize from the oligarchs, according to insiders.

Eclipse , the second-largest superyacht in the world, which is currently moored in St. Maarten, is equipped with a military-grade missile detection system, bulletproof glass, and a three-person submarine that is capable of submerging to 50 meters — sparking speculation that the vessel could be a refuge for President Vladimir Putin, of whom Abramovich is said to be a close confidant.

One Russian source told Page Six, “Yachts generally do not have bulletproof glass and antiballistic missile defenses. People in Russia and the Ukraine believe it was built for Putin. That yacht will definitely be top of the list to be seized by the Americans or the Europeans.”

Abramovich — who has always denied a personal link to Putin — nevertheless has been in Belarus helping with cease-fire talks with the Ukrainians on behalf of the Russians.

Roman Abramovich and Vladimir Putin in 2016

And he’s selling his prized Chelsea Football Club in the UK as he reportedly is rushing to offload assets including multiple properties in England before he is hit with possible sanctions.

Eclipse has hosted a litany of stars and power brokers over the years including Paul McCartney and Leonardo DiCaprio and has been at Abramovich’s annual New Year’s Eve party in St. Barts.

The vessel — built by renowned German shipbuilder Blohm + Voss — has three helipads, 24 guest cabins, two swimming pools, several hot tubs, and a disco hall. Around 70 crew members are needed to operate it.

Billionaire Roman Abramovich's yacht moored off the coast of Turkey in 2020

It even is reported to boast an anti-paparazzi system that detects the use of digital cameras to click photographs of the boat and uses lasers to disrupt a potential photograph.

A spokesman for Abramovich didn’t immediately get back to us.

The first Russian yacht that appears to have been seized is owned by billionaire Alisher Usmanov. His 512-foot yacht Dilbar, valued at nearly $600 million, has been impounded by German authorities in Hamburg, where it was undergoing repairs, Forbes reported .

The ship has been in the yards of shipbuilder Blohm + Voss since late October for a refitting job, the outlet reported, adding the German government froze the asset.

Usmanov reportedly bought Dilbar in 2016 for $600 million, custom-built by German shipbuilder Lürssen, which describes it as “One of the most complex and challenging yachts ever built, in terms of both dimensions and technology. At 15,917 tons, the 156-meter superyacht features entertainment and recreation spaces never before seen on a yacht. These include a 25-meter swimming pool that holds an incredible 180 m³ of water, the largest pool ever to have been installed on a yacht.” It can host 24 people in 12 suites and carries a crew of nearly 100.

Multibillionaire Usmanov’s fortune spans stakes in iron ore and steel giant Metalloinvest and consumer electronics firm Xiaomi, Forbes also reported. He is of the earliest investors in Facebook, a former stakeholder of Arsenal Football Club and also owns impressive real estate assets in the West, from two estates in the UK — Beechwood House in London and Sutton Place in Surrey, valued at a combined $280 million — to luxury homes across Germany, Switzerland, Monaco and Sardinia.

Composite image of Russian oligarch Alisher-Usmanov and his yacht which was seized by German Authorities

Usmanov said in a statement that he had been targeted by “restrictive measures” by the European Union, and “I believe that such 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,” he wrote. “I will use all legal means to protect my honor and reputation.”

The move comes after President Biden fired a warning shot at the oligarchs during his State of the Union address , saying, “We are joining with our European allies to find and seize your yachts, your luxury apartments, your private jets.”

And French authorities have seized a yacht that they say is linked to Russian oligarch Igor Sechin, considered a close ally and “de facto deputy” of Putin. 

The 280-foot Amore Velo was taken on March 2 in La Ciotat Shipyards, in the South of France, the country’s finance minister, Bruno Le Maire, announced on Twitter .

Meanwhile, a growing number of superyachts belonging to Russian tycoons have made their way to the Indian Ocean , cruising around the Maldives and Seychelles. 

And according to German reports, Putin’s own superyacht slipped out of European Union waters a few days before the invasion of Ukraine to avoid being impounded.

The $100 million vessel named Graceful left port in Hamburg abruptly before finishing repairs, according to the reports from German newspaper Bild , moving into Russian waters near Kaliningrad along the Baltic coast.

The superyacht features an indoor pool that can be transformed into a dance floor as well as a helipad, and can accommodate 14 guests.

But despite the craft being out of the reach of the EU, members of the “hacktivist” collective Anonymous managed to change Putin’s superyacht’s call sign to “FCKPTN” and the ship’s destination to “hell.”

Roman Abramovich and Vladimir Putin in 2016

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Roman Abramovich’s $1bn five-yacht fleet revealed

The luxury yacht Eclipse moored off Marmaris in Turkey.

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Russian oligarch Roman Abramovich owns or is linked to a collection of five yachts estimated to be worth almost $1bn, including several vessels whose ownership remained secret until this week.

A Financial Times investigation into the billionaire’s assets has lifted the veil of secrecy he maintains over his wealth, even after the UK and EU imposed sanctions on him following Russia’s invasion of Ukraine for his allegedly close relationship with President Vladimir Putin.

Authorities in the UK and EU are attempting to identify all of the assets owned by sanctioned oligarchs. Abramovich was already widely reported to be the owner of Solaris and Eclipse — worth $474mn and $437mn, respectively, according to yacht data service VesselsValue. But the FT revealed this week that he also owns Halo and Garçon, which are both moored in Antigua.

The Antiguan government was unaware of the ownership of the boats docked on the island before inquiries from the FT, highlighting the scale of the challenge UK and EU authorities face in enforcing sanctions.

Tom Keatinge, director of the Centre for Financial Crime and Security Studies at the Royal United Services Institute think-tank said governments, banks and other institutions trying to enforce sanctions had to navigate a world where “ownership trails run cold and morph into a haze of front companies, nominees and cut-outs”.

The yacht Amore Vero after being impounded by French authorities in La Ciotat, France.

Halo and Garçon are valued at $38mn and $20mn, respectively, and are now at risk of being seized.

In a letter to the British high commissioner to Barbados regarding the yachts, Antiguan minister of foreign affairs Paul Chet Greene said the island would “provide full assistance to the government of the United Kingdom” if it receives a request under the two nations’ Mutual Legal Assistance Treaty.

The letter noted that Antigua had requested information on the company that owns the two boats — British Virgin Islands-registered Wenham Overseas Limited — after “persistent allegations by the Financial Times that the vessels could be owned by Mr Roman Abramovich”.

In response, the British high commission provided Antiguan authorities with a letter, seen by the FT, “from the Financial Investigation Agency of the British Virgin Islands which states the beneficial owner of Wenham Overseas Ltd is Roman Abramovich”.

The letter also shows the billionaire’s address in Switzerland is listed simply as “Immeuble, Gatzby Le Magnifique”, which translates as “The Great Gatsby Building”.

Keatinge described the UK’s ability to demand full ownership information of companies registered in any of its overseas territories or crown dependencies as its “most powerful global weapon” in combating financial secrecy.

However, he asked: “How much is that weapon being used?”

UK transport secretary Grant Shapps with the impounded Russian-owned yacht Phi in Canary Wharf, east London.

A person with knowledge of Abramovich’s boat collection and documents seen by the FT indicate that the oligarch may also still be the owner of Sussurro, the first yacht he bought in 1998, despite reports he had given it to an ex-wife in a divorce.

The person who correctly identified the two yachts in Antigua as belonging to Abramovich told the FT the oligarch still owned Sussurro.

The vessel’s owner is listed in maritime registers as Vesuvius International Limited in the British Virgin Islands. BVI documents show this company was deregistered there in 2017. Another Vesuvius International was registered in Jersey the same year.

The owner of Jersey-based Vesuvius International is listed as Wotton Overseas Holdings Limited. This entity — which shifted from the BVI to Jersey in 2017 — is also the owner through a subsidiary of a helicopter that has been photographed landing on Abramovich’s Solaris several times.

Maritime tracking services show Sussurro, which means “whisper” in Italian and is valued at $11mn, is moored in La Ciotat in the south of France — the same port where the French government last month seized a $116mn superyacht belonging to a company tied to Igor Sechin, head of Russian oil group Rosneft.

Sussurro’s management company is Blue Ocean Management, a Cyprus-based company that also manages Le Grand Bleu, a 113-metre superyacht that Abramovich reportedly gave to his business associate Eugene Shvidler.

The UK placed Shvidler under sanctions last week.

The letter from the BVI’s financial investigation agency to its British counterparts also reveals that the owner of Le Grand Blue — Ashchurch Holdings Limited — is owned by “Zarui Shvidler”. Shvidler’s wife is commonly known as Zara Shvidler.

VesselsValue pegged Le Grand Bleu’s market value in a range of $110mn-$130mn, noting that the boat had last been tracked this week in the Caribbean Sea off the coast of Puerto Rico.

Representatives for Abramovich and Shvidler did not respond to requests for comment.

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Roman Abramovich's superyacht has missile defence system and anti-paparazzi lasers

Chelsea owner Roman Abramovich's yacht, Eclipse, has modern tech to protect guests, from bullet-proof windows toa missile-detection system and even a mini escape submarine

eclipse yacht seized

  • 12:26, 11 Mar 2022

Roman Abramovich has two prized assets that look out of reach - his enormous superyachts.

The Chelsea owner has been hit by sanctions from the UK government and faces the prospect of having £3.2billion of assets in this country frozen after being identified as having links to Vladimir Putin and the Russian state.

Foreign Secretary Liz Truss said yesterday that oligarchs like Abramovich have "no place in our society or economy", adding: "The blood of the Ukrainian people is on their hands. They should hang their heads in shame."

Abramovich, who according to The Sunday Times Rich List is worth a staggering £10.2billion, has a property empire across the world, including a west London mansion, Colorado ski-ranch and chateau on the French Riviera.

The Chelsea owner has a collection of helicopters and commercial-sized planes valued at around £400m, which includes his customised jet nicknamed "Bandit".

Abramovich also boasts a huge collection of supercars worth more than £16m and even splashed out £285,000 just on a number plate.

But the Russian billionaire is really known for being the world's greatest spender on luxury yachts, maintaining a fleet which was dubbed 'Abramovich's Navy'.

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Abramovich, who used to have a vast collection of super yachts, now only has two but they completely dwarf his old ones in size.

The crown jewel is Abramovich's 533ft super yacht Eclipse, which at the time of launch was the largest privately owned superyacht in the world.

Eclipse was originally contracted at a price of around £500million but is now known as 'the $1.5billion yacht'.

Winning the record Euromillions jackpot of £189million five times over would still not give you enough cash to purchase Abramovich's vessel.

Weighing in at 13,564 tons, Eclipse was the world'largest private yacht for around three years until the Azzam was built in 2013.

Designed by French architect Hermidas Atabeyki, it was built by Blohm and Voss in 2010, with the interior kitted out by Terence Disdale.

There is more accommodation for crew than guests, with 35 of the 53 cabins for the workers, who also get their own private cinema.

The superyacht has enough space on board for two helipads, an aquarium, multiple hot tubs, disco hall and two separate swimming pools.

One of the pools is the biggest ever placed on a private yacht and can be drained out to become a dance floor.

But most interesting of all is the modern technology Eclipse is kitted out with to give its guests privacy and protection from all sorts of threats.

Abramovich's yacht has anti-paparazzi lasers, which can detect the electronic light sensors that cameras use before they even flash.

They target the cameras with beams of infrared light which overexposes the photos, rendering them useless to anyone trying to get a snap, although it doesn't work on an old-fashioned mechanical camera.

There is also bullet-proof glass and armour-plating around Abramovich's personal quarters and a mini submarine that fits three people and could be used as an escape pod.

The newest addition to his fleet is the £430million Solaris, a 430ft vessel which took to the seas for the first time last year.

It is the most costly custom-made superyacht ever built with 48 cabins across eight decks, a crew of 60 and space for 36 guests.

To put into perspective how large Solaris is, the superyacht is bigger and taller than Buckingham Palace.

Abramovich has cut down to just two superyachts, but previously owned an entire fleet which he would loan out to his pals.

The two biggest were Pelorus and Luna, which were both 377ft and cost £274million and £276million respectively.

Pelorus was given to his second wife, Irina Vyacheslavovna Abramovich, as part of their divorce settlement in 2009 while Luna was sold to a close friend, Azerbaijani-born billionaire Farkhad Akhmedov, in April 2014.

Luna had been his replacement for the £110million and 371ft Le Grand Bleu, as both were expedition yachts with stronger hulls capable of providing comfort while navigating through high seas and inhospitable climates such as the North and South Poles.

Other vessels owned by the billionaire include the £110million Ecstasea (282ft) and £16million Sussurro (162ft).

Some of the yachts have been loaned out to some of Chelsea's players, including John Terry, Frank Lampard and Didier Drogba.

After Chelsea won the Premier League in 2005, Terry and Lampard were given use of the Pelorus as a 'bonus', then two years later Terry and his wife Toni set sail on the yacht for their honeymoon.

On Thursday it was announced that a further seven oligarchs would be sanctioned by the UK government over their links to Putin amid his war on Ukraine .

Giving a warning, Prime Minister Boris Johnson said: "There can be no safe havens for those who have supported Putin's vicious assault on Ukraine.

"We will be ruthless in pursuing those who enable the killing of civilians, destruction of hospitals and illegal occupation of sovereign allies."

One of the oligarchs, Igor Sechin, has already seen his 289-ft yacht 'Amore Vero' seized by French custom officers near Marseille after being sanctioned by the European Union .

But it seems Abramovich is making sure that no one will be able to get their hands on his superyachts.

Eclipse was moored in Barcelona last week but is now in open sea off the coast of the British Virgin Islands in the Caribbean.

While Solaris was last spotted off the Sicily coast and is now believed to be heading to Israel, which is where Abramovich holds citizenship.

A spokesperson for the Russian billionaire said: "We never comment on the movements of the yacht or any other vehicles or vessels."

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Russian Oligarch Roman Abramovich’s Two Superyachts Are Sailing Towards Each Other in the Mediterranean

Ship tracking platforms show that the billionaire’s yachts "eclipse" and "solaris" are relocating to the mediterranean, with no port destination specified., emma reynolds, emma reynolds's most recent stories.

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Blohm & Voss "Eclipse" Superyacht

Russian oligarch and billionaire Roman Abramovich is on the move—and so are his superyachts.

After being slapped with sanctions in response to Russia ’s invasion of Ukraine, the billionaire was last seen on March 14 at an airport in Israel, where he has dual citizenship, according to Reuters .

Abramovich, who is currently worth an estimated $7.1 billion, according to Forbes , appears to be moving his yachts to safer waters. His 533-foot superyacht Eclipse , normally anchored year-round in the Caribbean, has been sailing east towards the Mediterranean since February 21, according to global ship tracking platform MarineTraffic. As of Wednesday, the ship is located off the coast of Algeria and is still sailing east with no port destination specified. The yacht, estimated to be worth over $600 million, is one of the largest and most expensive in the world , and seems to be cruising towards Abramovich’s other yacht, Solaris , in the Ionian Sea.

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Russian oligarchs yachts continued to be seized

Roman Abramovich’s “Solaris” superyacht.  Courtesy of Lloyd Werft

The 461-foot Solaris  is currently located in the Ionian Sea off the western coast of Greece and heading south. Solaris was most recently at a port in Barcelona, where it had reportedly been receiving repairs since late 2021 . The ship left without declaring a destination. However, it’s possible both Solaris and Eclipse are heading towards each other and are even eyeing ports in Israel where Abramovich is considered safe from sanctions.

Though a long-time ally of Russian President Vladimir Putin, Abramovich has denied having close ties to the Kremlin. This hasn’t stopped dozens of nations, including the US, UK and several EU countries, from implementing sanctions and asset freezes on the oligarch. The sanctions are part of a concerted multinational effort to pressure Russia’s wealthiest and most powerful individuals to help bring Russia’s war on Ukraine to an end.

Perhaps sensing the economic pressures to come, Abramovich made headlines just days after the Ukraine invasion for stating his intention to sell his beloved Chelsea Football Club in London for $2.5 billion. The billionaire said all proceeds would benefit Ukrainian refugees and “victims of the war,” which, notably, may also include Russian soldiers.

Russian oligarch and Chelsea Football Club owner Roman Abramovich

Russian oligarch and Chelsea Football Club owner Roman Abramovich appears to be seeking cover from international sanctions in Israel, where he has dual citizenship.  Associated Press

Russians own up to 10 percent of the world’s megayachts, so Abramovich is just one of many Russian billionaires who are moving their assets to avoid seizure by international authorities. This week, Italian police seized Russian oligarch Andrey Melnichenko’s 486-foot Sailing Yacht A, and earlier this month, France impounded the yacht Amore Vero , owned by Russian oil billionaire Igor Sechin. Other Russian billionaires have had their yachts impounded in other EU countries.

This isn’t the first time Russian oligarchs’ whereabouts have been made public. Florida teen Jack Sweeney, who once tracked Elon Musk’s jet, created a Twitter account —@RUOligarchJets—dedicated to tracking the private jets of Russian oligarchs, which is updated daily.

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Roman Abramovich’s superyachts are on the move as vessels owned by Russian elite sail away from sanctions

A high-stakes game of cat and mouse is playing out in the high-seas as yachts owned by sanctioned Russian billionaires try to evade seizure.

Under severe sanctions announced by the US and Europe, members of the Russian elite who have “aided Putin” in his invasion of Ukraine have been warned they will have “assets frozen and property blocked from use”.

Solaris, a superyacht owned by Roman Abramovich, yesterday hit by UK sanctions , slipped out of Barcelona port on Wednesday afternoon where it was being maintained, and headed southeast.

According to ship traffic data from Marine Traffic, the £430 million vessel was most recently tracked off the coast of Sicily as it joined a scramble of Russian-owned vessels hastily leaving European ports.

eclipse yacht seized

The 458-ft yacht has several swimming pools, a helipad and an outdoor “beach club. It’s not even his biggest boat, an accolade that goes to the 533ft Eclipse which has a gym, a nightclub and can accommodate 62 guests and 50 crew. The Eclipse is also on the move, from the Caribbean island of St Maarten towards international waters.

Last week French authorities announced they had seized an 88-metre luxury yacht Amore Vero linked to Russian oligarch Igor Sechin, who has been sanctioned by the UK, EU and US, in the port of La Ciotat.

In Italy other Russian-owned yachts, were impounded in the country’s northern ports, while there were also claims Germany had seized the Dilbar, a £450m superyacht owned by billionaire Alisher Usmanov who has also been sanctioned by all three blocs.

The super-sized Dilbar includes a 25-metre swimming pool that holds an incredible 180 m³ of water, the largest pool ever to have been installed on a yacht.

Authorities in the port city of Hamburg denied it had been confiscated, but Forbes has reported that its crew were fired due to US and EU sanctions.

The Dilbar, a luxury yacht owned by Russian billionaire Alisher Usmanov, sails in Istanbul's Bosphorus

Meanwhile a Ukrainian mechanic in Mallorca decided to take matters in his own hands and tried to sink the 157ft Lady Anastasia, a yacht owned by the CEO of a Russian arms exporter, Alexander Mikheev, in retaliation for the invasion. Mikheev is not currently on any sanctions list.

Many oligarch’s yachts are thought to have already set sail for safer places like the Carribean. Other safe spots include the Maldives, an Indian Ocean island nation with no extradition treaty with the United States.

With port authorities on the lookout for luxury yacht flight risks, an army of social media users are getting involved in the search, using Marine Traffic to track vessels owned by those on the sanctions list. There is even a hashtag: # YachtWatch.

The data shows that Titan, a £76m superyacht owned by billionaire Alexander Abramov, arrived in the Maldives last week from Turkey. Like Mikheev, Abramov does not appear on the sanctions list.

Titan superyacht owned by Russia's Alexander Abramov is seen in the waters of the Indian Ocean near Male

The UK authorities have not yet seized any vessels, but a Dutch cargo ship was turned away from Poole and Portsmouth this week due to concerns it might be carrying Russian-owned yachts.

Ben McInnes, harbour master at Portsmouth International Port said it had received a last-minute request to receive the ship on Wednesday afternoon.

”We had been made aware that the ship had not been allowed in to Poole, as there were questions raised whether the cargo of yachts aboard were Russian owned.

“On this basis, the Deo Velonte was not allowed in to Portsmouth, in line with UK legislation.” According to Marine Traffic, the cargo ship then docked at Cuxhaven in Germany, though it is unclear if the cargo was unloaded.

The yacht "Graceful" sails along the Kiel Canal (Nord Ostsee Kanal) near Rendsburg

The US president, Joe Biden, said last week the US was actively working to seize oligarch’s assets including superyachts, luxury apartments and private jets, warning: “We are coming for your ill-begotten gains”.

As for what is believed to be Putin’s own yacht, Graceful, it left Germany two weeks ago and is now safely back in the Russian port of Kaliningrad.

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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.

Luxurylaunches -

Sanctioned billionaire Roman Abramovich has very cleverly saved his prized megayachts Eclipse and Solaris from being seized by authorities. But his luck may have finally run out as his $1.3 billion armada may soon be banned from sailing the high seas.

eclipse yacht seized

That’s not all; $ 610 million Solaris and $590 million Eclipse will also be left stranded without services, meaning these multi-million megayachts won’t be able to get shore-side help for routine maintenance will they get refueled. The rues of Abramovich’s frustrated staff is an entirely different problem that keeps getting complicated. The most expensive custom-made superyacht Solaris requires no less than a crew of 60 for its upkeep. On the other hand, Eclipse required a staff of 100 onboard at the service of 30 guests.

eclipse yacht seized

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A $700 million superyacht owned by the sanctioned oligarch Roman Abramovich is sailing toward his other $600 million vessel in the Mediterranean

  • Two superyachts owned by the Russian oligarch Roman Abramovich are sailing around the Mediterranean.
  • Abramovich's Eclipse is heading in the direction of his Solaris yacht, ship-tracking data shows.
  • There was no destination port for either superyacht listed on MarineTraffic's website.

Insider Today

A $700 million superyacht belonging to the Russian oligarch Roman Abramovich seems to be heading toward his other $600 million vessel in the Mediterranean Sea, ship-tracking data shows.

MarineTraffic's map suggests that if the two superyachts keep on their current courses, they would eventually meet in the Ionian Sea, a part of the Mediterranean separating Greece and Italy.

Eclipse, Abramovich's 533-foot superyacht, was just off the coast of Algeria on Tuesday, sailing east across the Mediterranean Sea, MarineTraffic data indicated . The ship — worth $700 million, according to SuperYacht Fan — has been underway from St. Martin in the Caribbean since February 21, the data shows.

Abramovich's 460-foot vessel, Solaris, which was off the eastern coast of Italy on Friday, was between the coasts of southeastern Italy and Albania on Tuesday, MarineTraffic data indicated . The website showed Solaris moving south.

Some Russian oligarchs and billionaires believed to have close ties to President Vladimir Putin — including Abramovich — are moving themselves, their yachts , and their private jets in the wake of sanctions announced by international governments. Their assets could be seized as part of measures aimed at the Russian elite in response to Moscow's decision to invade Ukraine.

Abramovich is one of seven Russian oligarchs sanctioned by the UK on Thursday. The sanctions include freezing their assets and barring them from doing business with the country.

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Other jurisdictions, including the European Union, have announced similar sanctions. Spanish authorities said on Monday that they had seized a $153 million superyacht that was later linked to the Russian oligarch Sergei Chemezov, the CEO of the Russian state-owned defense conglomerate Rostec and a close ally of Putin.

There was no destination port for Eclipse or Solaris listed on MarineTraffic's website, so it's unclear where Abramovich's superyachts will dock next. Solaris — worth $600 million, according to SuperYacht Fan — had been docked in a Spanish shipyard since late 2021 for repairs until it departed last week.

Reuters first reported that Abramovich was spotted in a VIP lounge at Ben Gurion Airport in Israel on Monday — the same day that flight-tracking data indicated a private jet linked to him flew from Israel to Istanbul. It was unclear whether Abramovich was on the plane, Reuters reported.

eclipse yacht seized

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At 162.5 metres, Eclipse is the second largest superyacht in the world and was dethroned from the top spot three years after its launch by megayacht Azzam.

Step on board the 162.5m Eclipse - the second largest superyacht in the world

Designer Terry Disdale talks us through the four and a half years, nine decks and 162.5 metres of the world’s second largest superyacht.

Terry Disdale didn’t set out to design the biggest superyacht in the world. “No one ever said to me, ‘I want a 160 metre boat’,” he says over breakfast near his office in Richmond, London. “When the yacht was still on the drawing board, there was a rumour going round that someone was building an even bigger boat, and the owner was asked if he knew about it. He said he didn’t, and that he didn’t care. Breaking records was the farthest thing from his mind.”

What he did care about was helicopters – he wanted to carry more than one; and the pool – it had to be big. There were also some early discussions about low bulwarks and big windows, and that was the totality of the brief for what would become Eclipse . “To be given free rein is actually a dreadful thing,” says Disdale.  “I asked myself what I wanted: something timeless. How do you design something timeless that’s still going to look good and not be anaemic? It’s so easy to get carried away, but you’ve got to be able to look at it in 20 years and decide it still looks OK.” But that’s the trick, isn’t it? And the measure of a designer.

  • The 25 largest yachts in the world

At least Disdale had some hooks on which to hang the design. “Part of what creates the yacht looking like that is you’ve got to land this huge helicopter on the front, so the superstructure is pushed back. The formation of the boat is built around helicopter usage. And we didn’t want the boat to look unbalanced when the helicopter is on the foredeck. Some boats have a foredeck that looks wrong whenever a helicopter sits there.”

The lines of the boat were dictated by another prerequisite: the two significant lifeboats demanded by Solas. The sheerline runs straight aft from the bow and steps up amidships, the high freeboard created giving visual support to the lifeboats. “If you’d had a different sheerline, the lifeboats wouldn’t have looked comfortable,” the designer says. This, plus the addition of a 15 metre pool aft on the main deck, meant that the overall length of Eclipse – 162.5 metres – was defined not by ego but by practicality.

“Everyone thinks that a boat starts with a sketch, some glamorous visual of the outside of the boat. But that’s not how things work in my office – we start with a plan, a general arrangement.” The project, from this first design stage to the boat’s launch at Blohm+Voss ’s Hamburg yard in 2009, took four and a half years – a remarkable achievement given the scale of the yacht, which was only overtaken as the world’s biggest in 2013 with the launch of 180 metre Azzam . 

Up to 20 engineers from Blue Ocean Yacht Management were present on site throughout the build, whipping it along to meet the aggressive delivery schedule. Disdale doesn’t recall any sleepless nights – “at least, no more than usual!” he laughs. The pressure of designing what was then the world’s top yacht – both inside and out – did obviously register, though. “It’s a huge responsibility building something of that magnitude, which is going to be under everyone’s magnifying glass. It’s not just ‘doing a job’, this thing is going to be scrutinised and analysed by everyone. There’s a responsibility to yourself as a designer.”

A decade from delivery, and more than 15 years from the moment Disdale first put pen to paper, he says he wouldn’t change a thing – and nor has the owner, who has kept Disdale’s designs largely unchanged. “For me, it’s more a clean piece of architecture than it is a piece of styling. The fact that you have a helipad on the front creates the superstructure to bow dimension, which is beautiful. If it wasn’t there, you wouldn’t have that length. And then when you get to the back of the boat, the swimming pool is dictating another piece of the story. I don’t know what I would change now. I don’t sit around saying, ‘I wish I did this or that’. Maybe I’d make the rear end look a bit more inviting, the way the staircases lead into the boat, but anti-piracy was a concern, plus there are a load of services and facilities back there. There’s a full-size pantry to serve the beach club, which very few boats have, and gull-wing doors with a pullout barbecue and pizza oven. There’s a lot you don’t see.”

Disdale’s long experience in the business means he is able to resist the temptation to force designs, or slavishly follow trends that flare and fade, leaving boats looking old before their time. “ Eclipse is a handsome boat, and it looks like a boat. It doesn’t make any pretence,” he says. “The key word is elegance. Very few boats can make that claim any more. Modern boats are purposeful, aggressive, macho, which has led to them all having snub noses. They look angry. You could paint them grey and stick a cannon on the front and it wouldn’t upset their stance at all. Eclipse is not like that.” It’s a familiar sermon from Disdale, who famously posts his 10 “design commandments” up round his office. “One of  the most important tools in your box is restraint. I can have complete freedom when designing a superstructure, but restraint is actually the most important thing – knowing when to stop gilding the lily. Don’t gild it! Use silver leaf.”

  • Inside the Surrey home of legendary superyacht designer Terence Disdale  

The obvious benefit of a single designer being responsible for the interior and exterior of a yacht is a seamless flow between the two, and that is absolutely true of Eclipse , whose interior conforms to another one of Disdale’s mantras: “ beach house not penthouse ”. “If you’ve got a dining room with satin on the chairs and gold braid around them, but you live in a T-shirt and shorts, then you’re not comfortable,” he says. 

The pool is a vast entertaining space, with 3.2 metre overheads and a retracting glass sunroof. “The ambience of the pool is as important as how it looks. You’ve got to want to sit by it.” Or dance on it: the blue granite bottom of the pool rises up to sit flush with the deck. It can also be lowered a touch to create a paddling pool.

The interior of any boat should be about “pure relaxation”, says Disdale. “People are on vacation, people are chilled.” He relates one story of an Arab client in the 1980s, who he dissuaded from fitting gold taps to his superyacht. “I told him he already had a 65 metre on the quay – he had already made his statement. It was a process of trying to quieten his ostentation.” You get the feeling no such effort was needed with the owner of Eclipse . “He had already owned three yachts to our design, so consequently was very familiar with my way of working and the habitat I create.” It’s impossible to miss the very deliberate warmth of that habitat and a design miracle that, despite using broadly the same colour palette throughout, nowhere do you tire of the ochre-like shades. 

This uniformity wasn’t applied to the lobbies between decks: different artists were tasked with creating unique works to give each lobby a flavour, so there is no confusion about what deck you’re on – a problem when you have nine. One of these pieces is a wooden sculpture made up of seven pieces, the design for which was hand drawn by Disdale and sent to Japan for manufacture. It’s a stunning work and symptomatic of the detail shown throughout – even in more mundane pieces, like the sideboards in the cabins that were designed in Europe and crafted in Chile.

With no clear-cut brief on the yacht’s layout, Disdale was forced to second-guess, “but that’s my job”, he says. “You have to work out how people will move around the boat.” The benefit of an LOA like Eclipse ’s is the owner can swallow serious acreage without impacting the guest experience. It’s not about avoiding guests, but being able to operate independently of them.

It would be easy to mistake the guest suites for the owner’s own quarters, such is their footprint. There are 18 guest cabins in total, served by 100 crew. From the moment the guests arrive by chopper, mainly on the top helideck, they’re absorbed in the comfort of the boat and have access to the main stairwell and elevator. It’s a transition of which Disdale is particularly proud. “It came from understanding how a boat is used. When you get out of the helicopter, you’re blown to pieces, and then where do you go?” The answer is an intimate lounge, where you can freshen up before entering the interior proper. It also gives pilots somewhere to conduct safety briefings, he points out. Eclipse is able to travel with multiple helicopters on board because one can be housed in the forward hangar, one above it on the retractable platform and another on the sundeck.

At the other extremity of the boat, the convenience continues with a huge bathing platform and staircases that fold down into the water for easy boarding – even for those wearing full dive gear. The beach club wasn’t maxed out, with a comfortable lounge along the centreline preferred to a big open area that is harder to secure. Beyond, though, the lower deck opens up into a huge 77 square metre gym and spa area, complete with massage room, beauty salon, sauna, shower areas and the yacht’s second plunge pool. Visual interest is added by banks of portholes with views into the swimming pool, which dapple light across this whole space. Choosing somewhere to relax on deck is slightly harder – where do you start? The options are endless but special mention has to be made of the wood-burning fire pit on the upper deck – perfect for nights on deck under the stars.

Disdale and his team were present in June 2009 when the boat appeared from the giant drydock in Hamburg. No butterflies – he claims to have been pretty zen about seeing her free of scaffolding and plastic. “Although you design every part of it and you see it being built, nothing prepares you for the feeling you get when you actually see it in the flesh. The tug pulled it out and there was the thickness of a mattress between the wing stations and the shed walls. Literally – they tied mattresses to the stations. When it appeared I was gobsmacked.” As was the owner, pleasingly for the man who’d dedicated nearly five years to the project.

“It’s like cars,” explains the car fanatic. “I was talking about Lamborghinis the other day. They used to have the Miura, a beautiful car. But they replaced it with the Countach, which looks like it was carved from cheese. One is ageless and one looks stuck in time. Elegance is the most important thing. The Miura is elegant, the Jaguar E-Type is elegant.” He’s too modest to say but Eclipse belongs in that league – beautiful for ever.

First published in the April 2016 edition of BOAT International. Get this magazine sent straight to your door, or subscribe and never miss an issue.

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West hits Russian oligarchs where it hurts — their mega-yachts

By Megan Cerullo

March 7, 2022 / 1:55 PM EST / MoneyWatch

The U.S. and European Union are cracking down on sanctions against Russian billionaires by taking control of their mega yachts and other valuable assets, including villas and private jets, parked in territory over which their governments have jurisdiction. 

Italy on Friday said it seized a $70 million yacht moored in Liguria, Italy, belonging to Alexey Alexandrovits Mordaschov, a steel magnate with close ties to the Kremlin. 

"Italy's police has just seized 'Lady M Yacht' - a €65 million yacht belonging to Alexey Alexandrovits Mordaschov located in Imperia (Liguria) - in compliance with the recent EU sanctions," Ferdinando Giugliano, a media adviser to Italy's prime minister, said in a tweet.

Italy’s police has just seized “Lady M Yacht” - a €65m yacht belonging to Alexey Alexandrovits Mordaschov located in Imperia (Liguria) - in compliance with the recent EU sanctions. pic.twitter.com/8NzqkXH7lE — Ferdinando Giugliano (@FerdiGiugliano) March 4, 2022

On Saturday, Italy's tax police also froze "Lena," a $54 million yacht belonging to Gennady Nikolayevich Timchenko, the founder of a Moscow, Russia-based private investment group and close friend of Russian President Vladimir Putin, whom the EU has sanctioned.

Assets that cannot be moved are even easier to take possession of, or prevent their owners from accessing. 

Italy also froze a $3.2 million property in Tuscany belonging to Oleg Savchenko, who is among the richest Russian business people. Giugliano tweeted an image of a Ministry of Economy and Finance vehicle in front of the estate, named "Villa Lazzareschi." 

Italy’s tax police also froze “Lena” - a €50m yacht belonging to Gennady Nikolayevich Timchenko located in Sanremo (Liguria) - and “Villa Lazzareschi” - a €3m property belonging to Oleg Savchenko located in the province of Lucca (Tuscany). pic.twitter.com/yc1Q2y4d0G — Ferdinando Giugliano (@FerdiGiugliano) March 5, 2022

President Biden has also said the U.S. government is homing in on Russian oligarchs' super-yachts, private planes and other conspicuous symbols of their wealth as Russian President Vladimir Putin escalates his country's attack on Ukraine.  

A new federal task force, dubbed "KleptoCapture," will take aim at what Mr. Biden described in his State of the Union address on Tuesday as "the crimes of Russian oligarchs."  

"We are joining with our European allies to find and seize your yachts, your luxury apartments, your private jets," Mr. Biden said. "We are coming for your ill-begotten gains."

More than a dozen Russian billionaires are under sanction by the U.S., European Union and the United Kingdom, and some are trying to dodge restrictions by moving assets that are mobile — including mega-yachts — into territories where sanctions don't apply and where their property cannot be seized or their assets frozen. 

The super-yacht "Graceful," believed to be owned by Vladimir Putin himself, left Germany two weeks before Russia invaded Ukraine and recently docked in Kaliningrad, near Russia's nuclear weapons operations, data form MarineTraffic, a maritime tracking website, shows. 

Vladimir Putin's yacht 'Graceful'

Putin ally Roman Abramovich, who made his fortune in the energy business, is not currently on any government sanction lists, but is making moves to unload valuable assets, including Chelsea Football Club. Among those assets is a super-yacht named "Eclipse" that is the third largest pleasure vessel in the world, measuring more than 540 feet long and 72 feet wide, according to Marine Vessel Traffic, a website that tracks the location of ships and other vessels, including privately owned yachts. It recently set sail from St. Barts to Philipsburg, the capital of Sint Maarten — the Dutch side of the Caribbean island Saint Martin.

"Le Grand Bleu," owned by Russian oil titan Eugene Shvidler, is also anchored off the island of St. Martin, where EU sanctions can be enforced. 

Too big to hide

Some oligarchs on sanction lists, who are alleged to have built their wealth in Russia through political corruption, have already been cut off from their own valuable assets. 

The EU's sanctions on Russian oligarchs on Wednesday led to Germany's freezing of a yacht owned by Alisher Usmanov, one of the wealthiest Russians, according to a Forbes report . According to Marine Traffic, the 512-foot yacht, named "Dilbar," had been stationed in Hamburg, Germany, since October 29 for repairs. 

The French Ministry of Economy and Finance on Thursday said its customs agents seized the "Amore Vero" yacht belonging to a company owned by Igor Setchine, director of Russian oil company Rosneft. The yacht had been stationed for repairs in La Ciotat in Southern France's Cote d'Azur region. 

While the crew's intention was to "sail urgently, without having completed the planned work," it was seized before it could depart, the agency said. 

Fleeing hotspots

In hopes of avoiding the same fate, some yacht owners are "hightailing it on the high seas," financier and anti-corruption activist Bill Browder told CBS News senior investigative correspondent Catherine Herridge. 

They are mooring their mega-yachts, some with 100-member-crews, in places like Dubai and the Maldives — a nation of tiny islands in the Indian Ocean, which does not have an extradition treaty with the U.S. "They're parking their assets where they cannot be seized," Browder told CBS MoneyWatch. 

The problem is that ships of this size can't stay indefinitely in a place like the Maldives, which can generate significant income through docking fees, given their need to refuel and stock provisions. 

"There are a number of these yachts in the Maldives, and unless those countries put sanctions in place they're probably safer there," Alasdair Milroy, a maritime accountant and owner of Breaking the Mould Accounting, told CBS MoneyWatch. "But you can only spend so long in someplace like the Maldives on a yacht of that size without needing provisions, or to refuel, so I don't know how well that will last for a longer period. I don't think they'll be able to do that for that long."

England Prepares To Relax Further Aspects Of Coronavirus Lockdown

Deputy Attorney General Lisa Monaco, who is in charge of the new U.S. task force targeting Russian oligarchs, issued a stark warning: "We will use every tool to freeze and seize your criminal proceeds," she said in a statement.

Confiscating Russian oligarchs' wealth could be an effective tactic, Browder told CBS MoneyWatch. "It's hugely symbolic, and part of this thing is psychological war. This really has an impact — if not financially, then psychologically."

At least 10 of the 100 largest super-yachts in the world belong to Russian oligarchs, according to Marine Vessel Traffic .

Websites tracking maritime activity show that other oligarchs' yachts are on the move as their owners attempt to shield their assets from seizure. The "Galactica Super Nova," a 230-foot long, $80 million vessel owned by Vagit Alekperov, president of Russian oil company Lukoil, recently left its mooring in Barcelona, Spain, where EU sanctions apply, and set sail for Tivat, Montenegro, in the Balkans, according to VesselFinder.com.  

Luxury Yachts At The 2016 Monaco Yacht Show

"Clio," a super-yacht owned by Russian industrialist Oleg Deripaska, is currently anchored off of the Maldives, according to MarineTraffic.com . A handful of other oligarch-owned mega-yachts are also moored in the Maldives, including Alexander Abramov's "Titan," Viktor Rashnikov's "Ocean Victory" and Vladimir Potanin's "Nirvana." 

How sanctions work

Placing an individual or their assets under official sanction does not give another government the legal authority to seize their assets — only to freeze or cut off their owner's access. 

"Generally speaking, sanctions are the authority that allow us to freeze assets. They are most easily understood in context of a bank account — it's literally put into a frozen account that still exists and collects interest and you own it, but you can't get any money from it," said Adam M. Smith, a partner at law firm Gibson Dunn. 

Tangible property must also be under the jurisdiction of the U.S. for any sanctions to work, or for the government to cut off their owner's ability to use an asset like a private yacht or jet. 

Daniel P. Ahn, a sanctions and economic warfare expert at the Woodrow Wilson International Center for Scholars and former chief economist for the U.S. State Department, said that targeting an individual's yacht can limit its use even it isn't seized.

"If it arrives in the West, any port that can refuel is not allowed to do that anymore. So maybe the yacht itself doesn't get seized, but it's a lot less useful thing to have," he said. 

For this reason, sanctioned individuals may choose to try to sell assets like yachts at a loss, rather than risk losing use of them indefinitely. 

"If I was an oligarch, the first thing I would do is I would protest and say I shouldn't be blacklisted. Second would be to see if I can liquidate these assets and claw back something, knowing that otherwise it may rot at the pier without proper maintenance and the like," Ahn said.

As far as their impact goes, the sanctions are more than merely symbolic, he added. "The ultimate objective is to make life very difficult for these oligarchs, and it has been achieved," Ahn said. 

Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24/7 to discuss her reporting.

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IMAGES

  1. In a desperate bid to avoid getting his crown jewels seized, Roman

    eclipse yacht seized

  2. Russian billionaire's seized super yacht released: Here are a few of

    eclipse yacht seized

  3. Sanctioned billionaire Roman Abramovich has very cleverly saved his

    eclipse yacht seized

  4. Sanctioned billionaire Roman Abramovich has very cleverly saved his

    eclipse yacht seized

  5. In a desperate bid to avoid getting his crown jewels seized, Roman

    eclipse yacht seized

  6. In a desperate bid to avoid getting his crown jewels seized, Roman

    eclipse yacht seized

VIDEO

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

  2. Megayacht Eclipse in Hamburg delivery

  3. $1 BILLION USD “ECLIPSE” GIGA YACHT ECLIPSE IN TURKEY 😨 #Eclipse #Eclipseyacht #megayacht

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

  5. Inside the Award-Winning Eclipse Superyacht

  6. M/Y Eclipse in Denmark during tests

COMMENTS

  1. What Happens After a Superyacht Is Seized? It's Uncharted Territory

    His $600 million Solaris set sail from Istanbul for international waters this week, while his other yacht Eclipse remains in that country.

  2. Here are the superyachts seized from Russian oligarchs

    Here are the superyachts seized from Russian oligarchs Attorney General Merrick Garland said the seizures are part of a campaign to "hold accountable those who facilitate" death and destruction in ...

  3. Billionaire Roman Abramovich's yacht is 'the prize to seize' amid

    Russian billionaire Roman Abramovich's $500 million megayacht Eclipse is the prize piece the international community wants to seize from the oligarchs.

  4. Roman Abramovich's $1bn five-yacht fleet revealed

    Abramovich was already widely reported to be the owner of Solaris and Eclipse — worth $474mn and $437mn, respectively, according to yacht data service VesselsValue. But the FT revealed this week ...

  5. Roman Abramovich's superyacht has missile defence system and anti

    Chelsea owner Roman Abramovich's yacht, Eclipse, has modern tech to protect guests, from bullet-proof windows toa missile-detection system and even a mini escape submarine

  6. Russian Billionaire Roman Abramovich Owns 16 Yachts And ...

    Eclipse is currently moored in the Turkish port of Bodrum, with three more of Abramovich's yachts—the 458-foot, $475 million Solaris, the 180-foot, $38 million Halo and the 220-foot, $20 ...

  7. Roman Abramovich's Two Superyachts Are Sailing to the Mediterranean

    Ship tracking platforms show Russian billionaire Roman Abramovich's yachts "Eclipse" and "Solaris" relocating to the Mediterranean.

  8. Abramovich's superyachts on the move in bid to evade seizure after

    Roman Abramovich's superyachts are on the move as vessels owned by Russian elite sail away from sanctions. Port authorities are on the lookout for luxury yacht flight risks, while an army of ...

  9. 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 ...

  10. Sanctioned billionaire Roman Abramovich has very cleverly saved his

    Sanctioned billionaire Roman Abramovich has very cleverly saved his prized megayachts Eclipse and Solaris from being seized by authorities. But his luck may have finally run out as his $1.3 billion armada may soon be banned from sailing the high seas.

  11. Sanctioned Oligarch's $700M Yacht Heads for His $600M Ship in the Med

    Two superyachts owned by the Russian oligarch Roman Abramovich are sailing around the Mediterranean. Abramovich's Eclipse is heading in the direction of his Solaris yacht, ship-tracking data shows ...

  12. Russia superyacht symbolises challenge of seizing assets

    A legal battle over who owns a luxury superyacht symbolises the difficulties of seizing Russian assets since the war in Ukraine started.

  13. Inside 162.5m Blohm+Voss megayacht Eclipse

    Designer Terry Disdale lifts the lid on the 162.5m superyacht Eclipse - the world's second largest superyacht.

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

    This interactive tracks seized and frozen assets around the world that are linked to sanctioned Russian oligarchs and entities. From superyachts to luxury estates, countries are targeting these ...

  15. West hits Russian oligarchs where it hurts

    The French Ministry of Economy and Finance on Thursday said its customs agents seized the "Amore Vero" yacht belonging to a company owned by Igor Setchine, director of Russian oil company Rosneft.

  16. Where yachts owned by Russian oligarchs are right now

    Other Russian-linked yachts are in the Caribbean, including Eclipse, another yacht owned by Abramovich, which is among the world's largest and includes a swimming pool that can be transformed ...

  17. Yachts impacted by international sanctions following the Russian

    Following the arrest of the owner, the yacht was arrested by Croatian authorities in Split. On 1 December 2022 it was announced she was seized and set to be auctioned off by the Asset Recovery and Management Agency. An auction date is not announced as of 1 December 2022. [26] [2] [27] 1 December 2022: Seized Croatia TBA: Auction date Croatia TBA

  18. Russian oligarch's super yacht seized

    A yacht owned by Igor Sechin, boss of Russian state energy company Rosneft, was grabbed by French customs officers near Marseille. However, German authorities denied a report that they had seized ...

  19. Russian oligarch's seized yacht costs $7 million a year to maintain, US

    The U.S. government said it is spending more than $7 million a year to maintain a superyacht it seized from a sanctioned Russian oligarch, and urged a judge to let it auction the vessel before a ...

  20. Yacht seized as U.S. ramps up oligarch sanctions so Putin 'feels the

    French authorities seized four cargo vessels and one luxury yacht linked to oligarchs as the United States and other governments ramped up sanctions on Russia's super-rich on Thursday over Moscow ...