superyacht

By K. Oanh Ha (Bloomberg) –When the $325 million Amadea superyacht that’s been linked to Russian billionaire Suleiman Kerimov sailed into Fiji in

LONDON (Reuters) – Fire ripped through a superyacht in southwest England on Saturday, sending thick plumes of black smoke into the sky and briefly

The fire that destroyed a luxury yacht near Key West in March 2021 likely started from an electric source within the sound enclosure for the vessel’s

By Stephanie Baker and Jonathan Browning May 14, 2022 (Bloomberg) –In the race to seize assets tied to sanctioned Russian billionaires, US

By Jeremy Hill (Bloomberg) A $37 million wire transfer will serve as a substitute for a 150-foot luxury yacht tied to exiled Chinese businessman Guo Wengui,

Spanish authorities have seized a luxury yacht owned by sanctioned Russia oligarch Viktor Vekselberg at the request of the United States. The seizure marks the

By Crispian Balmer (Reuters) – Italian police have seized villas and yachts worth at least 140 million euros ($153 million) from four

Superyachts of incredible size have become the symbol of oligarch-sized wealth and now, with the Ruble crashing and anti-Russian sanctions proliferating…

by Sudip Kar-Gupta (Reuters)  Monaco, a tax haven often favoured by the super-wealthy, will proceed with freezing assets and imposing

AMSTERDAM, Feb 3 (Reuters) – The city of Rotterdam has agreed to remove a section of historic bridge in the Netherlands to make way for a superyacht,

By Ellen Milligan (Bloomberg) — Credit Suisse Group AG is pursuing a Saudi prince in court, alleging he failed to repay the bank around $78 million

Maria Pia Quaglia (Reuters) The Italian Sea Group said on Wednesday it had bought bankrupt luxury yacht maker Perini Navi for 80 million euros ($91 million) in

By Thomas Gualtieri Nov 27, 2021 (Bloomberg) –There are some things that even billionaires in their superyachts can’t escape. The floating

By Corina Pons (Reuters) – When Chinese billionaire Jack Ma took a trip to Spain’s Mallorca island last month, much was made of it being his first

Candles lit and left unattended in a yacht’s VIP suite caused a fire that resulted in the total loss of the vessel and $480,000 in damage to a Miami

by Giulia Segreti (Reuters) – Luxury yacht maker The Italian Sea Group said on Friday it completed its initial public offering (IPO), setting a price of

by Cristina Carlevaro (Reuters) – Perini Navi majority shareholder Fenix said on Tuesday it had signed a binding agreement with private equity firm

by Kevin Varley (Bloomberg) –Forget Spain for a summer holiday overlooking the Mediterranean Sea. Croatia and Turkey are the up and coming destinations

(Bloomberg) — Billionaires are the only plausible buyers of the 112-meter superyacht concept Aqua, given its reported 500 million pound ($650 million)

By Benjamin Stupples (Bloomberg) –Gazing across the sun-dappled harbor in Monaco, even the fathomlessly rich might get the feeling that some people have