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A superyacht doesn’t impress billionaires on St. Barts anymore.

A superyacht doesn’t impress billionaires on St. Barts anymore.

The Rising Trend of Superyachts in St. Barts “Yachting isn’t really a show-off thing anymore,” remarked a local boat enthusiast in St. Barts, glancing at what he described as a “superyacht parking lot” in the Caribbean waters. “It really boils down to how many support ships you possess.” Among the vessels docked are those owned […]

$325 million superyacht Amadea owned by a Russian oligarch going up for auction

$325 million superyacht Amadea owned by a Russian oligarch going up for auction

US Seizes $325 Million Superyacht for Auction Amid Sanctions on Russia A $325 million superyacht, previously owned by Russian oligarch Suleiman Kerimov, is set to be auctioned off. This event marks the first sale of its kind as part of the United States’ broader strategy to penalize Russian elites following their invasion of Ukraine. The […]

Auctioning a seized $325M Russian superyacht featuring a helipad, gym, and spa

Auctioning a seized $325M Russian superyacht featuring a helipad, gym, and spa

The US has put the $325 million yacht Amadea up for auction. It’s noteworthy as the first Russian luxury vessel sold since the beginning of the conflict in Ukraine. This auction, which will end on September 10th, is occurring while President Donald Trump aims to intensify pressure on Russian President Vladimir Putin, hoping to prompt […]

Superyacht Retrieved from the Ocean Floor 10 Months After It Sank near Sicily

Superyacht Retrieved from the Ocean Floor 10 Months After It Sank near Sicily

ROME — The UK’s opulent superyacht, which sank off Sicily last year, partially resurfaced Saturday. The incident had resulted in the tragic deaths of British entrepreneur Mike Lynch and six others. The salvage team confirmed they’re undertaking a complex operation to recover the vessel for further examination. The 56-meter Bayesian displayed its white top and […]