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Petition calls for sanctioned Russian oligarch's superyacht to be used as a hotel for Ukrainian refugees

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. ....

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Spanish court seizes Russian luxury yacht over payment dues

A $140m Russian-owned yacht, which is said to belong to a Russian defence conglomerate CEO, has been seized by the Spanish court. ....

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Superyacht Seized In Spain As Sanctioned Owner Stops Fees

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. ....

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Switzerland Receives 5 Applications From Russian Nationals On Sanctions Removal - Reports

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 .. ....

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Billionaire's Seized $75 Million Superyacht Sells at Auction at Half Its Value

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. ....

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