By Jonathan Browning (Bloomberg) -- A London court ordered the seizure of a luxury $492 million yacht owned by a Russian billionaire as judges sought to enforce one of the largest divorce payouts in U.K. history. The court ruled that Farkhad Akhmedov should transfer ownership of the 115-meter (380-foot) MV Luna, currently impounded in a dry dock in Dubai, to his wife, … [Read more...]
GoPro: Hellenic Coast Guard Rescues Crew from Sinking Superyacht
https://www.youtube.com/watch?v=a071BduRkTc Check out this GoPro video shot by the Hellenic Coast Guard during a 2012 rescue of 8 crew members from the sinking superyacht Yogi. We actually covered this incident way back when. The yacht ended up sinking off the coast off the Greek island of Skyros in the Aegean Sea. The 60-meter yacht, previously available for … [Read more...]
How To Sail Aboard The World’s Biggest Megayacht
by Nikki Ekstein (Bloomberg) It takes a lot of good business to be able to afford a megayacht. But owning one is very, very bad business, according to Aaron Simpson, founder and group chairman of the members-only concierge service Quintessentially. “It costs 10 percent of a yacht’s purchase price just to maintain that boat every year,” said the London-based entrepreneur. “If … [Read more...]
Here’s What Life is Like Aboard a 107-Meter Expedition Yacht
At 107-meters long and rumored to cost over $100 million, New Zealand businessman Graeme Hart can probably boast that he has one of most badass super yachts on the planet. And after watching this video it would be hard disagree with him: The yacht is named Ulysses and was delivered to the billionaire in 2015 by the Norwegian shipbuilder Kleven Maritime. It is a … [Read more...]
WATCH Trump Explain How To Buy A SuperYacht From An Arms Dealer
In his first appearance on "Late Night with David Letterman," presidential candidate Donald Trump talks about his purchase of a superyacht from the Saudi Arabian arms dealer Adnan Khashoggi, one of the Middle East's most notorious men at the time. The yacht in questions is the Trump Princess. Built in 1980 and christened the The Nabila , the 282-foot megayacht, … [Read more...]