France & Germany Seize Oligarchs’ Yachts, Others Flee Sanctions

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 … Continue reading

Putin’s Yacht Graceful Makes Hasty Departure from Germany

German media reports that the 83-meter yacht, Graceful, believed to be owned by Vladimir Putin, has made a hasty departure from Hamburg, Germany, bound for Russia, before finishing repairs and renovations at the Blohm and Voss shipyard. Some speculate that … Continue reading