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December 2, 2022
Ukraine says Croatian court has cleared way for sale of Viktor Medvedchuk’s Royal Romance yacht
November 21, 2022
After the very enthusiastic wave of sanctions and seizures of luxury assets from Russian oligarchs, as a means to discourage Putin’s ongoing war in...
November 8, 2022
It can cost millions of dollars a year to maintain yachts while authorities work out what to do with the assets, a process that can take some time.
November 7, 2022
A $140m Russian-owned yacht, which is said to belong to a Russian defence conglomerate CEO, has been seized by the Spanish court.
November 6, 2022
By Gaspard Sebag and Stephanie Baker (Bloomberg) –A Spanish court moved to seize a superyacht valued at $140 million that’s linked to a senior executive at a Russian defense conglomerate, after...
October 24, 2022
Switzerland has received five applications from Russian nationals demanding that the countrys government remove them from the sanctions list, media reported, citing the Swiss Federal Department of Economic Affairs, Education and Research (EAER).The list of those who submitted applications has not b ..
September 28, 2022
Another chapter in the longstanding drama of superyacht Axioma has closed, officially making it the first seized vessel to sell at auction without the ow...
September 28, 2022
A Gibraltar court announced on Tuesday that a luxurious superyacht linked to a Russian billionaire currently under EU ...
September 28, 2022
The 72-metre (236-foot) vessel, MV Axioma, was seized on March 22.
September 28, 2022
A MYSTERY buyer has paid the Gibraltar Admiralty £35 million (US$ 37.5 million) for the ‘My Axioma’ luxury yacht formerly owned by a Russian billionaire.