The net of sanctions is tightening around the superyachts owned by Russian oligarchs. Yesterday, Germany seized the 512-foot yacht Dilbar, valued at nearly $600 million, owned by Russian billionaire Alisher Usmanov, who faces European Union sanctions over Russia’s invasion of Ukraine, Forbes reported. The yacht has been in the Hamburg shipyards of German shipbuilding firm Blohm+Voss since late October for a refitting job.
Today, the French seized the 289-foot yacht Amore Vero belonging to Rosneft boss Igor Sechin as it tried to leave the Mediterranean port of La Ciotat in a breach of EU sanctions on Russian oligarchs, Finance Minister Bruno Le Maire said.