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This Abandoned 267-Foot Superyacht Has Links to a Russian Oligarch. Now It’s Heading to Auction.

Alfa nero will be sold to the highest bidder if it remains unclaimed., rachel cormack.

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Lürssen’s newest superyacht is a 269-foot tri-deck behemoth.

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Oceanco Alfa Nero features an infinity pool on its aft deck and interior design by Alberto Pinto and Nuvolari-Lenard.

One seafarer’s loss could be your gain.

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How wellness trends may transform yacht design

“A notice to the newspapers and other media will be published for a period of 10 days, notifying the sale of the Alfa Nero vessel in order to satisfy the requirements under the law for a forced sale,” a statement from the Office of the Prime Minister of Antigua and Barbuda read. “If the owner fails to claim the vessel within that time period, the Government of Antigua and Barbuda will sell it to the highest bidder.”

Delivered in 2007 by Oceanco, Alfa Nero features a striking exterior by Nuvolari Lenard and interior styling by Alberto Pinto that together have landed the yacht a number of awards. The beautiful behemoth notably features six staterooms, accommodation for 28 crew, a hydraulically operated pool and a large helipad aft. Alfa Nero was sold in 2011 to its current owner with an asking price of $115 million, according to Marine Industry News . The Guardian has previously reported that the yacht is linked to the Russian oligarch (and Putin ally) Andrey Guryev.

The Antigua and Barbuda government reportedly consulted with the US authorities prior to taking the action. During a media briefing, Information Minister Melford Nicholas told reporters that any proceeds from the sale of Alfa Nero would remain in the Antiguan government’s hands, but the US could request access to the funds in the future.

Rachel Cormack is a digital editor at Robb Report. She cut her teeth writing for HuffPost, Concrete Playground, and several other online publications in Australia, before moving to New York at the…

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An unfinished 168-foot superyacht abandoned in 2007 just sold after going up for auction with bids starting at $1.5 million — see inside the 40% complete yacht

  • An unfinished superyacht abandoned just before the Great Recession was up for auction starting at $1.5 million.
  • The 168-foot motoryacht could cost between $16 million to $25 million to complete.
  • Take a look at the nearly half-finished motoryacht that was just sold on November 15.

The auction for a 168-foot superyacht starting at only $1.5 million — an absolute steal — has officially closed.

super yacht abandoned

The catch? It's only about 40% finished and the winning bidder is now responsible for bringing the 168-foot Trinity Tri-Deck yacht to life.

super yacht abandoned

The final sales price of the vessel, sold through Boathouse Auctions, is not public.

super yacht abandoned

But Jack Mahoney, a director at Boathouse Auctions, told Insider in an email that there were 32 interested groups that resulted in three final bids.

super yacht abandoned

And both the buyer and seller were ultimately "pleased with the outcome," Mahoney said.

super yacht abandoned

Yacht and boat sales have continued to skyrocket throughout the COVID-19 pandemic with some ultra-luxury yachts selling for millions of dollars above their initial asking price.

super yacht abandoned

Source: Insider

And the ultra-wealthy's demand for luxury homes at sea has yet to slow down.

super yacht abandoned

Superyacht sales hit a record high in 2021 even as manufacturers struggled to keep up with demand amid supply chain and staffing problems.

super yacht abandoned

This incomplete yacht may not be turnkey like the other vessels that have been sold during superyacht market's boom, but at least it is semi-customizable.

super yacht abandoned

The previous owner of the 168-foot Trinity was formerly owner of the now-defunct luxury yacht-building company Trinity Yachts.

super yacht abandoned

In the face of the Great Recession, the project was abandoned in 2007 when it was only 40% complete.

super yacht abandoned

Since then, the half-finished semi-displacement yacht had been stuck in storage where it was regularly checked.

super yacht abandoned

After several years, the vessel was finally put up for auction on Boathouse Auctions starting at a cool $1.5 million …

super yacht abandoned

… a bargain compared to other — albeit complete — superyachts.

super yacht abandoned

For now, the motoryacht is just a nearly completed shell of its potential (the aluminum hull and superstructure are about 95% done).

super yacht abandoned

But picture its potential as a six-stateroom, four-deck yacht with luxurious amenities like an elevator.

super yacht abandoned

Of the six staterooms, four for guests and two for the crew.

super yacht abandoned

The customizable yacht can also accommodate spaces like a galley, formal dining area, owner's lounge …

super yacht abandoned

… deck with a 12-person dining table …

super yacht abandoned

… several salons, and an outdoor lounge on the sun deck.

super yacht abandoned

It obviously wouldn't be a luxury superyacht without a large sun deck.

super yacht abandoned

The current owner can build out this lounge by adding a bar, dinette, outdoor galley, and more lounge seats to create the perfect space to bask under the afternoon sun.

super yacht abandoned

And when it's time to cool off in the water, the owners can head to the garage for access to toys like jet skis and a jet tender.

super yacht abandoned

Along with the half-complete motoryacht, the highest bidder also received several parts like engines and a watertight door …

super yacht abandoned

… as well as some help from the original Trinity Yacht's design and engineering team.

super yacht abandoned

When it's finally complete, the home at sea will be able to hit up to 23 knots with a less than eight-foot draft.

super yacht abandoned

But to finish the project, its owner will have to cough up at least $16 million for lower-end finishes, according to estimates from shipyards in Greece and Turkey, Mahoney, told Insider in October.

super yacht abandoned

If they want top-of-the-line amenities, the project could cost upwards of $25 million.

super yacht abandoned

To compare, buying a new yacht of this similar size could cost over $35 million, according to the 168-foot Trinity 2007's listing page.

super yacht abandoned

Source: Boathouse Auctions 

The unfinished yacht was likely far from inexpensive …

super yacht abandoned

… but with time, patience, and a few extra supplies, the yacht's new owner could find themselves saving close to $20 million.

super yacht abandoned

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Superyacht abandoned in the Caribbean to be sold to 'highest bidder' if not claimed by owner

11 March 2023, 01:12 | Updated: 11 March 2023, 01:37

A multi-million pound superyacht abandoned in the Caribbean is set to be sold

By Chris Samuel

A multi-million pound superyacht abandoned in the Caribbean is set to be sold "to the highest bidder" if it isn't claimed by its owner, the government of Antigua and Barbuda has said.

The US Department of the Treasury has linked The Alfa Nero to Russian oligarch Andrey Guryev, whom the department says is a "close associate" of Russian leader Vladimir Putin.

Guryev, 62, made a $10billion fortune from a Russian fertiliser firm, but was sanctioned by the US, the UK and the EU from last year.

Following Russia’s invasion of Ukraine in February 2022, several Russian oligarchs have been hit with sanctions by various countries, with bank accounts frozen, and assets including superyachts seized.

It led to some oligarchs moving their yachts into no extradition waters to prevent them being impounded.

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Guryev has denied being the owner of the super yacht and as with many multi-million-pound pleasure vessels, it is owned through a complex offshore structure.

The Alfa Nero was abandoned in Falmouth Harbour, on the southern coast of Antigua, in February 2022, soon after the Ukraine invasion began.

The Alfa Nero in Canale della Giudecca, Venice, Italy.

Officials on the island say the auction is being held in order “to prevent a future hazard since the luxury vessel is not being maintained by its owner".

The government of Antigua and Barbuda has said that any potential owner has 10 days to claim the yacht, or it will be auctioned off.

The Alfa Nero has has a number of opulent features, including a 40ft infinity pool

“If the owner fails to claim the vessel within that time period, the Government of Antigua and Barbuda will sell it to the highest bidder," the office of the Prime Minister said.

The vast private motoryacht was built in 2007 and has has a number of opulent features, including a 40ft infinity pool, a jacuzzi, and a gym.

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Antigua Plans to Sell Russian Tycoon’s ‘Abandoned’ Super Yacht

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(Bloomberg) -- A luxury super yacht purportedly belonging to Russian tycoon Andrey Guryev may be headed for auction.

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In a notice published last week, the government Antigua and Barbuda said the 267-foot Alfa Nero — complete with hair salon, gym and infinity pool that turns into a helipad — was considered “abandoned” and would be sold off unless it was removed.

The yacht has been in the Caribbean nation for at least 18 months and has run up more than $500,000 in fuel and food bills, the prime minister’s office previously wrote on its official Facebook page.

In last week’s published notice, the government said the Alfa Nero is owned and or controlled by Guryev, moored in Falmouth Harbour, and has been unclaimed for more than 90 days.

Guryev, who is thought to have a net worth of $10.1 billion, is the founder and largest shareholder of PhosAgro, the largest manufacturer of phosphate-based fertilizers in Europe. He’s also one of the few Russian billionaires who has seen his net worth increase despite the war in Ukraine and being the target of international sanctions.

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Along with outstanding dock fees and being uninsured, the yacht “poses a threat to the environment, the health and safety of persons using the harbour and to the safety and security of other vessels in the harbour,” the government said.

Attempts to reach Guryev for comment through PhosAgro were not immediately successful.

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super yacht abandoned

Inside the Wild International Battle Over An Abandoned Superyacht

I n an inlet in Antigua, surrounded by touristy hotels and kitschy cafes, a yacht nearly three times the size of a basketball court and twice the price of a luxury private jet sits unused, awaiting its fate.

The Alfa Nero, one of the largest superyachts in the world, is the reported—but not confirmed— property of Russian oligarch Andrey Guryev, a top target of sanctions imposed by the U.S. after the invasion of Ukraine last year. Thanks to a tangled mess of international restrictions and offshore ownership, its future is now the subject of a three-way battle between Guryev’s daughter, the government of Antigua and Barbuda, and former Google CEO Eric Schmidt . And none of them know where the Alfa Nero will be this time next year.

“This whole damn thing has been like a Tom Clancy novel,” Darwin Telemaque, chief executive of the Antigua and Barbuda Port Authority, told the London Times last month. “And I’m stuck in the middle.”

The Alfa Nero was constructed in 2007 for Greek shipping and steel magnate Theodore Angelopolous by Oceanco, the same company that built Jeff Bezos’ $500 million megayacht. The ship, which is 269 feet long, boasts three double cabins, two VIP cabins, a master suite, a living area, a gym, an office, two hot tubs, and a pool that converts into a helicopter landing pad. The interior features a nautical theme, with imagery like seashells and staghorn coral; its current owners have further adorned it with artwork by Joan Miró and a baby grand piano.

Angelopolous put the yacht up for sale multiple times between 2009 and 2014, when— according to the U.S. Treasury —Guryev purchased it for $120 million. Guryev, however, has denied owning the yacht, telling Bloomberg he “neither owns nor controls the Alfa Nero” and simply leases it for commercial charter “from time to time.”

Guryev is the 25th richest man in Russia, and an incredibly private one. Raised in a small town outside Moscow, he trained to be a martial artist and for a time taught judo to USSR sports authorities. He worked in local politics and at a major bank before founding PhosAgro, the biggest manufacturer of phosphate fertilizers in Europe, skyrocketing his net worth to an estimated $9.6 billion.

According to a New Yorker profile, Guryev is the likely owner of Witanhurst, the second-largest home in London after Buckingham Palace, though he has denied this, too. Despite working in politics on and off throughout his life and serving as a Russian senator for over a decade, he has never given an interview or made a speech in the federal legislature. His family is equally private; the most public attention they have received is when his daughter-in-law, Valeria Guryeva, posted on Instagram that she was “too pretty for work,” sparking international headlines.

That is, until 2022, when Russia invaded Ukraine and Guryev was placed on the top list of Russians sanctioned by the U.S. and U.K. Suddenly, anything the billionaire was said to own was under strict scrutiny—including the Alfa Nero.

At the time, the ship was docked at Falmouth Harbour in Saint Paul Parish, Antigua. In August, the U.S. sent a team of FBI agents to search the vessel and concluded it belonged to Guryev through a complicated series of offshore companies that traced back to his control. (Another Russian businessman, Alexander Mavrodi, tried to claim the yacht was his, but the government dismissed this as “either a hoax or … a deliberate fabrication.”) Guryev maintained that the yacht did not belong to him.

As the war continued and the sanctions dragged on, the Alfa Nero sat unclaimed, burning through diesel and taking up space in the yacht club marina. The original 44 crew members were winnowed down to six, who passed their time lounging in lawn chairs on the deck or playing “Call of Duty” in the master suite, according to Bloomberg . Twenty-five members sued for millions in unpaid wages over the spring.

The government of Antigua and Barbuda, meanwhile, started to get antsy. Prime Minister Agston Browne complained the yacht was a security risk: It could spring a leak, catch fire, or set off any other number of calamities. “The yachting sector contributes more to our economy than even the cruise tourism sector,” he told the Antigua Observer . “Understand the reputational damage if we fail to act and we end up with a major catastrophe.”

Finally, in March, the islands’ government declared that the owner of the yacht had 10 days to claim it before it was auctioned to the highest bidder, with the proceeds going toward Antigua and Barbuda’s national debt. In April, the vessel was officially seized, and in June, the U.S. Treasury Department removed it from its list of blocked property. According to the Times , the government heard from 30 interested buyers, 16 of whom could prove they had the cash on hand and six of whom passed money-laundering checks. The final bids were submitted in sealed envelopes to the accountant general of the Antiguan treasury.

On June 16, the Anitguan government announced Schmidt, who is worth an estimated $20.4 billion, had the winning bid at $67.6 million—a 4 percent bump to the country’s gross domestic product. The former Google honcho, who owns another 195-foot yacht and a $20 million private plane, was instructed to make payment within seven days. Telemaque, the port executive, was thrilled. “I just want to see it gone,” he told the Times .

He may have spoken too soon.

In late May, a month before the auction, lawyers for a company called Flying Dutchman Overseas Limited filed suit in the Supreme Court of Antigua and Barbuda claiming it owns the Alfa Nero and had tried to assert ownership of it in the days before its seizure. It asked the court to block the sale, claiming officials had ignored its repeated attempts to lay claim to the boat. The judge on the case agreed that there may have been “procedural unfairness” in the seizure, but refused to stop the sale. Schmidt’s purchase went through eight days later.

But just this month, another obstacle appeared: Guryev’s daughter, Yulia Guryeva-Motlokhov, who lives in London with her hedge-fund manager husband Alexei Motlokhov. (The two recently caused a stir for trying to build a massive playground in the backyard of their $6 million, five-bedroom home, which neighbors deemed “more like a theme park.”) In an appeal filed July 12, Guryeva-Motlokhov claimed she is the sole beneficiary of the trust that owns the Flying Dutchman, and thus the rightful owner of the Alfa Nero.

In her appeal, she claimed that the Antiguan government did not have the right to sell off her property and that the auction had been improperly executed, according to the Antigua Observer .

Her attorney, David Dorsett, told the Observer he intends to fight for her right to the superyacht, adding: “We just want our boat back.”

“We think the action of the government in taking possession of the yacht and selling the yacht is wrong on all levels,” he said. “It is not the government’s yacht; they cannot just take it up and sell it to somebody else.”

The government hit back with a counter-appeal of its own last week, arguing that Guryeva-Motlokhov had no standing in the case.

The attorney general, Steadroy Benjamin, told The Daily Beast the two sides were in court over the matter on July 18 but declined to answer any further questions. Dorsett did not respond to calls and emails seeking comment.

Schmidt, meanwhile, is reportedly withholding payment until the matter is resolved. The government of Antigua and Barbuda is scrambling to get him to pay up, even offering to indemnify him from any future liabilities created by the suits. The country’s parliament is scheduled to vote on approving these legal guarantees soon, with the hope of expediting the sales process.

Information Minister Melford Nicholas told reporters earlier this month that the government is “certainly committed to executing the Alfa Nero sale,” but growing anxious.

“A legal position is that we should wait until all legal proceedings are done,” he said at a press conference July 9, according to the Carribean Times . “The question is, how much time can we reasonably afford?”

Read more at The Daily Beast.

Photo Illustration by Erin O’Flynn/The Daily Beast/Getty Images

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Breaking news, ex-google ceo eric schmidt wins russian oligarch’s superyacht for $67.6m at auction.

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Former Google CEO Eric Schmidt sailed off with the superyacht abandoned in the Caribbean by its Russian oligarch owner after the invasion of Ukraine with a winning $67.6 million bid during an auction Friday.

Schmidt bought the 267-foot Alfa Nero yacht after it was left moored in Antigua by Andrey Guryev, the Russian billionaire who was slapped with sanctions by the US Treasury last year, according to Bloomberg News.

The Treasury Department claimed that Guryev, who made his fortune in the fertilizer industry and is thought to be close to Russian President Vladimir Putin, initially bought the yacht for $120 million in 2014, but the Russian oligarch has denied the claim.

The former Google boss, whose net worth was valued by Bloomberg Billionaires Index at $25 billion as of Friday, “won the auction this morning in a fully transparent process,” according to Sir Ronald Sanders, Antigua’s ambassador to the US.

Former Google CEO Eric Schmidt placed a winning bid for $67.6 million at an auction on Friday for a superyacht.

The vessel, which has been described by its manufacturer Oceanco as “one of the world’s most iconic and highly awarded yachts,” includes amenities such as a baby grand piano and a swimming pool that converts into a helipad, Bloomberg News reported.

Antigua and Barbuda was eager to sell the vessel due to mounting maintenance costs totaling some $112,000 per month that accumulated while it sat in Falmouth Harbor.

Schmidt served as Google’s CEO from 2001 to 2011, a time of rapid growth for the California-based technology company.

Andrey Guryev is the Russian billionaire who was slapped with sanctions by the US Treasury last year.

He later became executive chairman for Google, and in 2015, for its new parent company, Alphabet, before resigning as chairman in 2018.

The US and other Western countries sanctioned several Russian oligarchs following Putin’s invasion of Ukraine last year.

An Antiguan port official told Bloomberg News that Guryev’s daughter filed a last-minute injunction claiming ownership of the yacht.

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Former Google CEO Eric Schmidt placed a winning bid for $67.6 million at an auction on Friday for a superyacht.

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Abandoned Superyacht Is Still Burning $2,000 A Day In Just Fuel Costs

After a sale fell through, antigua is still on the hook for yacht maintenance..

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You remember the Alfa Nero, right? The superyacht abandoned by a Russian oligarch , seized by Antigua , and later sold to a former Google CEO for four percent of the island nation’s GDP ? Well, unfortunately for Antigua, that sale fell through earlier this month — leaving the country on the hook once again for thousands of dollars a month in maintenance.

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The Alfa Nero may not be allowed to leave port, but that doesn’t mean the ship is sitting vacant in its slip. The boat needs to be constantly air-conditioned in order to keep the hardwood floors and leather interior pristine which ensures Antigua receives top dollar when — if — it ever sells. That means its diesel generators must constantly be running , burning through $2,000 in fuel every day. The boat also requires a skeleton crew on hand to keep it shipshape. Luxury Launches spoke with the Antigua Yacht Club dockmaster, who provided some insight:

The Alfa Nero motoryacht cannot go two days without air conditioning due to her hardwood interiors, and without it, mold will spread through the decks faster than Antiguan officials can manage. “You can’t even open the doors on Alfa Nero without diesel,” said Tom Paterson, the dockmaster at the Antigua Yacht Club. “These boats, from the day they launch to the day they die, are burning fossil fuels.”

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Well, if you needed another reason to hate oligarchs, here you go. T he Alfa Nero is burning through Antigua’s treasury for maintenance (not to mention the ongoing suit from the ship’s crew for lost wages ) when it was supposed to be a boon, adding four percent to the country’s GDP with the sale. This boat can’t even sit without fossil fuels . Can oligarchs truly not live with traditional boat materials, vinyl and teak, like the rest of us?

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World’s most expensive sailing superyacht sits abandoned

The world’s most expensive superyacht, owned by a Russian oligarch, has remained stranded in the sea for almost two years.

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A Russian oligarch’s $860 million superyacht, seized by Italian police, has sat abandoned in the sea for almost two years.

The boat was nabbed in March 2022 as part of ongoing EU sanctions against Russia amid Vladimir Putin’s failing war in Ukraine.

It has remained stranded in the Trieste Gulf, off the coast of Italy, ever since, The Sun reports.

The superyacht is owned by Russian tycoon and Putin crony Andrey Melnichenko, one of a number of businessmen targeted under war sanctions.

Dubbed Sailing Yacht A, it is among the largest in the world – measuring 100 metres high and 143 metres long.

It underwent testing in Gibraltar in 2017 before it was handed over to Melnichenko.

Luxury yacht 'Sailing Yacht A' built for Russian billionaire Andrey Melnichenko has been abandoned for two years. Picture: Andrej Isakovic / AFP

The boat’s mast is bigger than Big Ben’s Tower by 10 feet and it’s even deemed a medium-sized cargo ship.

It has eight decks, a helicopter pad, an underwater observation room and a hybrid diesel-electric propulsion system.

Run by a crew of 54, the yacht also has a digital control system that allows them to raise and lowers the sails and anchor just by swiping.

And it has the power to dash across waves at speeds of up to 20.8 knots.

The unconventional yacht was built by German Naval Yards, in Nobiskrug.

The boat’s mast is bigger than Big Ben’s Tower by 10 feet. Picture: Andreas Solaro / AFP

Now it sits impounded in a dry dock with a constant crew of 20 and Italian media reports that the government has spent over £6 million ($11.5 million) keeping it there.

Police cars with flashing lights reportedly swarmed the yacht and boarded it before impounding the vessel in 2022.

Melnichenko owns fertiliser company EuroChem Group and SUEK, a coal company.

He made headlines for his impressive ships when he moored his other £240 million masterpiece, “Motor Yacht A”, on London’s River Thames near Tower Bridge in 2017.

Melnichenko's Motor Yacht A moored on the River Thames. Picture: Leon Neal/Getty Images

The tycoon is one of the richest men in the world and was one of 37 businessmen who met with Putin after the invasion of Ukraine to discuss potential sanctions.

An EU document described him as belonging “to the most influential circle of Russian businesspeople with close connections to the Russian government”, according to The Guardian .

It went on: “He is therefore involved in economic sectors providing a substantial source of revenue to the government of the Russian Federation, which is responsible for the annexation of Crimea and the destabilisation of Ukraine.”

Sailing Yacht A was seized in 2022. Picture: Tor Erik Schroeder / NTB via AFP

Both companies said Melnichenko had resigned just days before his yacht was seized in 2022.

A spokesperson for Melnichenko at the time said the businessman had “no relation to the tragic events in Ukraine. He has no political affiliations”.

“There is no justification whatsoever for placing him on the EU sanctions list,” Alex Andreev said.

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“We will be disputing these baseless and unjustified sanctions, and believe that the rule of law and common sense will prevail.”

Italian police have apparently seized over $230 million worth of luxury boats and homes owned by Russian billionaires.

This article originally appeared on The Sun and was reproduced with permission

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The way Australians travel Europe for the northern summer is changing with tourists starting to “wise up” to a big problem.

A relaxing holiday with a child under five is a rare find – but this destination has managed to work out the magic formula.

An Aussie couple were “absolutely shocked” when they realised how much they had forked out for two burgers and chips at their hotel.

super yacht abandoned

Mystery of abandoned £100m megayacht ‘seized from Putin crony’ that is sat burning £1,600 fuel a day with its air con

  • Published : 11:00 ET, Dec 10 2023

ONE of the world's biggest and most luxurious megayachts is sitting essentially abandoned after it was linked to a Russian oligarch with ties to Putin.

The 270ft Alfa Nero is currently languishing in a port in the tiny island nation of Antigua after the £100million vessel was boarded nearly two years ago by armed police.

Superyacht Alfa Nero pictured docked in Falmouth Harbour, Antigua, in April

Stickers reading "seized" were plastered on the vessel - and since Putin invaded Ukraine back in February 2022 the yacht has sat at the centre of a complicated legal storm.

Alfa Nero has a 40ft infinity pool, an onboard jacuzzi and spa, and a helipad - it is a floating palace.

It is believed to have been owned by secretive Russian billionaire Andrey Guryev, who has been sanctioned by US and UK for his ties to the Kremlin.

The yacht was seized by authorities in Antigua, who want to try and sell the vessel.

But it has been the subject of legal challenges by Guryev's daughter, who claims she is the rightful owner.

So with the battles raging in the courts, nearly two years on the yacht continues to sit in the port of Falmouth in Antigua.

Antigua only has a population of 93,000 people - but its taxpayers have now been left footing the bill to maintain the yacht.

It has been reported Alfa Nero's upkeep even as it sits stationary is some £22,000 a week.

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At least £1,600 of that is just the diesel fuel to keep the air conditioning running - which is switched off will allow mould to overrun the ship.

It reportedly also has a skeleton crew of six who are paid to help maintain the vessel.

Antiguans are stuck having to pick up the bill until the extraordinary vessel can finally be either claimed or sold.

“You take thousand dollar bills, tear them up, and just keep going,” said Tom Paterson, the dock master of the marina, told the WSJ .

Google CEO Eric Schmidt attempted to buy the yacht in an auction during the summer for £54million.

But he then withdrew from the sale due to the legal battles.

As it remains tied up in marina space, the mystery of the future of the yacht continues to deepen.

The US Treasury says Guryev is part of a group of " Kremlin -connected elites" who "generate substantial revenue for the Russian regime".

But as the yacht continues to burn fuel sat in the harbour, Guryev's lawyers denied that he owns it.

The 81.3-metre vessel has been at the centre of a legal wrangle over ownership

However. a BBC investigation later linked the yacht to him via Companies House filings through an address in Guernsey.

The raging debate over the yacht's ownership highlights the extraordinary challenges of effectively seizing assets from Putin's oligarchs.

Nonetheless, Antigua was left to seize the superyacht as abandoned property and took legislative steps to auction it off.

However, Guryev's daughter, Yulia Guryeva-Motlokhov, has filed a suit claiming that she is the vessel's true owner and that the yacht's seizure and attempted sale six months ago violated procedure.

And because of that, Antigua couldn't hand the yacht over to Google boss Schmidt - who then withdrew from the sale.

The Caribbean nation may now be forced to turn to the next highest bidder from the auction in a desperate attempt to rid themselves of the vessel.

Antigua and Barbuda Port Authority CEO Darwin Telemaque said in June: "This whole thing has been like a Tom Clancy novel. And I'm stuck in the middle.

"I just want to see it gone."

But the second highest bidder in June's auction, American entrepreneur Warren Halle, has also withdrawn his offer.

He has also filed a lawsuit against the government for breach of contract claiming it did not stick to its own rules after Schmidt failed to complete the transaction in seven days.

The government has insisted it is willing to negotiate with Halle, however.

Despite its ownership unclear and its inability to leave the area because of the legal wrangle, the yacht still has to function as the bills continue to mount for Antigua.

The diesel generators also need to be constantly running on board Alfa Nero.

But this is the sacrifice Antigua are willing to make to ensure a sale of the boat goes through as it’s expected to add four percent to the country’s GDP when it does.

In September, a hearing was held at the Court of Appeals over Mr Guryev's daughter's claims she is the rightful owner.

She appealed against a decision to refuse an application for an injunction against the sale of Alfa Nero.

Ms Guryeva-Motlokhov claimed: "The ownership of the vessel was known by the Government prior to the seizure and auction, and it was never abandoned.

"We are seeking the return of the vessel to its rightful and lawful owner through the proper process and legal means.

"This hearing is a step in that process that stops the sale of Alfa Nero by the Government, which has no right to its ownership."

But late last month, Ms Guryeva-Motlokhov lost her attempt to stop the sale, reports the Antigua Observer .

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Dr David Dorsett, her attorney, blasted the decision and claimed the situation could have been avoided “had the government not ignored the approaches to it by the owner of the Alfa Nero prior to the auction”.

He added: "You can’t just seize a person’s property conveniently and think that the person who has an interest in the property will just lie down dead; it’s just not going to happen."

Who is oligarch Andrey Guryev?

super yacht abandoned

ANDREY Guryev, 63, is a Russian billionaire oligarch who made is fortune in fertiliser.

He has an estimated net worth of $8.3billion (£6.6billion) - make him one of the richest men in Russa.

Guryev acquired the majority of his wealth in the 1990s following the collapse of the Soviet Union, obtaining previously state-owned assets at undervalued prices.

In 2004, he obtained half of PhosAgro at an extremely low price, eventually becoming the head of the Russian fertiliser company.

Guryev has a wife, Evgenia, and they have two children, Andrey Guryev, Jr. and Yulia Guryeva-Motlokhov

Last year, Guryev was hit by sanctions from the US, Britain and the EU as a result of Russia's invasion of Ukraine.

  • Antigua and Barbuda

super yacht abandoned

The Sad Story of an Abandoned Superyacht

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The 147-foot Bella T superyacht, built for an American industrialist in 1973 and once owned by a sultan in Malaysia, is in a state of disrepair in Cape Town, South Africa. With multiple changes of names and owners, unpaid and overdue yard bills, lawsuits and countersuits, the yacht, which once hosted the first series of the TV show Survivor , now will be put up for a court-ordered auction on March 1.

The yacht originally was the dream of Roy Carver, who made a fortune in the tire retreading business. He hired Arthur de Fever and Doug Sharp to design it, and the Maritima de Axpe yard in Bilbao, Spain, to build it.

But Axpe took too long and Carver was impatient. He turned to Feadship in the Netherlands to build a yacht using the same design and specs. It delivered the yacht in 1975.

Meanwhile, Axpe completed the original yacht in 1976. It has a steel hull, an aluminum superstructure and it can hold 16 guests in six cabins, plus ten crew. It’s powered by twin 750-hp Cat D348TA diesels, with a top speed of 15 knots and a cruising speed of 13 knots. Range: 1,650 nm. It has a beam of 15’ 7”, a draft of 11’ 8” and a displacement of 348 tons.

Axpe sold the boat to the Sultan of Sabah in Malaysia, who subsequently sold it to another Malaysian owner who named it Sipadan Princess . It was sold again to Earl Romans, an American, and renamed Summit One . In 2001, it was taken from Malaysia to the Farocean yard in Cape Town, South Africa, for a refit. The hull was lengthened by 16 feet and the yacht was renamed the Bella T .

But Farocean said Romans didn’t make payments, and it halted work in 2003. After some legal issues, the yacht was sold to a company in Dubai and then to Nautic Africa; Europa Shipping bought it five years ago.

After more legal issues, last year a South Africa court ordered the Bella T to be auctioned. The hull is now stripped back to steel, and engine parts, props and many interior items are in containers. In 2020, the Maritime Bureau of Africa said the engines were in good condition. The public auction is being handled by Solution Strategists, which specializes in yacht sales. Read more:

https://www.businessinsider.co.za/cursed-superyacht-in-cape-town-goes-to-auction-2022-1

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World’s most expensive sailing superyacht abandoned, five ‘expelled’ after shock venice canal act, ‘terrifying’ christmas tradition goes viral, hundreds of earthquakes at tourist hotspot.

A Russian oligarch’s $860 million superyacht, seized by Italian police, has sat abandoned in the sea for almost two years.

The boat was nabbed in March 2022 as part of ongoing EU sanctions against Russia amid Vladimir Putin’s failing war in Ukraine.

It has remained stranded in the Trieste Gulf, off the coast of Italy, ever since, The Sun reports.

The superyacht is owned by Russian tycoon and Putin crony Andrey Melnichenko, one of a number of businessmen targeted under war sanctions.

Dubbed Sailing Yacht A, it is among the largest in the world – measuring 100 metres high and 143 metres long.

It underwent testing in Gibraltar in 2017 before it was handed over to Melnichenko.

The boat’s mast is bigger than Big Ben’s Tower by 10 feet and it’s even deemed a medium-sized cargo ship.

It has eight decks... [Short citation of 8% of the original article]

super yacht abandoned

‘Ultraman: Rising’ Review: The Iconic Japanese Superhero Wrestles Kaiju and Daddy Issues in Netflix’s Overcrowded Cartoon

An attractive, original take on the Ultraman legend privileges a heavy-handed parenting lesson over the kind of monster mania fans expect from the franchise.

By Peter Debruge

Peter Debruge

Chief Film Critic

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Ultraman: Rising

Ultraman has one job: to defend the world from kaiju. Across countless manga, video games and movies, Ultraman’s core duty has been to fend off ferocious land and sea monsters — which, of course, have always been allegories for other threats facing humankind. In “ Ultraman: Rising ,” our hero adopts one, which makes no sense in the greater scheme of Ultraman lore. (It would be like Batman going soft and raising a supervillain’s abandoned love child or Superman deciding to open a gift shop specializing in kryptonite.) But as with all metaphors, this one isn’t really about kaiju, but parent-child dynamics. And who doesn’t love a baby kaiju?

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Before Ultraman finds her, he has a whole new backstory crammed into the film’s first half-hour. Remember Ultraman’s one job? According to an opening voiceover delivered by Ken Sato (Christopher Sean), fighting kaiju is nothing compared with being a good dad. One day when Ken was just a kid, his own father (Gedde Watanabe) — who just so happens to be Ultraman — disappeared entirely, prioritizing kaiju control over parenting. Twenty years later, Ken is now living in the U.S. and playing baseball for the Giants. Both his mom and dad are gone, and Ken’s got a kaiju-sized chip on his shoulder.

As if that’s not enough backstory, there’s another enemy in the mix: Dr. Onda (Keone Young), head of the Kaiju Defense Force, a government-backed organization committed to wiping out kaiju altogether. Japanese movies go back and forth on whether kaiju are good or evil, and this one finds the vigilante Ultraman flip-flopping, while the KDF is determined to render them extinct by locating and destroying Kaiju Island. Once Ken adopts Emi, he has to not only juggle parenting and baseball, but also keep his hungry “little one” from letting loose and stomping through population centers.

All this mythology-bending plotting is presumably a lot more fun if you’re already invested in Ultraman. Otherwise, the movie offers more fleeting pleasures, as when Ken struggles to figure out how to placate and feed his baby kaiju, with the aid of a floating Siri-like droid named Mina (Tamlyn Tomita, who’s also the voice of Ken’s long-lost mom). It’s less clear why he doesn’t just smother or banish the creature, but I guess no one asks why Batman dresses as a big bat.

Both the character and the script seem schizophrenic about Ultraman’s identity, uncertain whether to cast him as humble guy or superhero — man or Übermensch, as Nietzsche might put it. There’s also a promising romantic subplot involving a single-mother television reporter named Ami (Julia Harriman), although the whole movie starts to feel overloaded at a certain point.

Remember, what audiences really want are super-scale dustups, and the movie delivers that, with the slightly evolved Emi taking Ultraman’s side against Mega Gigantron during the film’s spectacular finale. The idea is to bring father-child stakes into all this mayhem, which works to a degree. But in the movie’s desire to wring tears, parental figures die, disappear or otherwise sacrifice themselves for their kids, only to reappear later hale and hearty (as the “Rising” subtitle implies). The film winds up having it both ways once too often, to the extent that Ultraman’s fate and the movie’s message are ultimately unclear.

Reviewed on Netflix, June 8, 2024. In Annecy Animation Festival. Running time: 117 MIN.

  • Production: (Animated – Japan-U.S.) A Netflix release, presented in association with Tsuburaya Prods. Producers: Tom Knott, Lisa M. Poole. Executive producers: Takayuki Tsukagoshi, Masahiro Onda, Kei Minamitani.
  • Crew: Director: Shannon Tindle. Co-director: John Aoshima. Screenplay: Shannon Tindle & Marc Haimes, based on the “Ultraman” franchise from Tsuburaya. Editor: Bret Marnell. Music: Scot Stafford. Songs: Diplo, Oliver Tree.
  • With: Christopher Sean, Gedde Watanabe, Tamlyn Tomita, Keone Young, Julia Harriman.

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COMMENTS

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  2. Ex-Google CEO Paid $67 Million for Oligarch's Abandoned Superyacht

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  4. Supposed Owners Of Abandoned Superyacht Want Their Big Boat Back

    The superyacht Alfa Nero docked in Falmouth Harbour in Saint Paul Parish, Antigua, on Wednesday, April 20, 2023. It's been more than a year since the Russian superyacht Alfa Nero all 267 feet ...

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  6. Superyacht abandoned in the Caribbean to be sold to 'highest ...

    Picture: Getty / Alamy. A multi-million pound superyacht abandoned in the Caribbean is set to be sold "to the highest bidder" if it isn't claimed by its owner, the government of Antigua and Barbuda has said. The US Department of the Treasury has linked The Alfa Nero to Russian oligarch Andrey Guryev, whom the department says is a "close ...

  7. Antigua Plans to Sell Russian Tycoon's 'Abandoned' Super Yacht

    A luxury super yacht purportedly belonging to Russian tycoon Andrey Guryev may be headed for auction. In a notice published last week, the government Antigua and Barbuda said the 267-foot Alfa ...

  8. Update: Bids entertained for abandoned 82m superyacht Alfa Nero

    The Antigua and Barbuda Government is making steps to auction the "abandoned" 82m superyacht Alfa Nero. Business Update: Bids entertained for abandoned 82m superyacht Alfa Nero . Written by SuperYacht Times. Thu, 06 Apr 2023 | 10:30. Loading... Newsletter. Subscribe. Follow Us.

  9. Antigua Plans to Sell Russian Tycoon's 'Abandoned' Super Yacht

    Antigua Plans to Sell Russian Tycoon's 'Abandoned' Super Yacht. may be headed for auction. Most Read from Bloomberg. In a notice published last week, the government Antigua and Barbuda said ...

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    Inside the Wild International Battle Over An Abandoned Superyacht. In an inlet in Antigua, surrounded by touristy hotels and kitschy cafes, a yacht nearly three times the size of a basketball ...

  11. Mystery Over Abandoned Yacht Grows as Russian Tycoon Denies Link

    The mystery surrounding who owns an abandoned 267-foot superyacht docked in Antigua and Barbuda deepened after lawyers for Russian billionaire Andrey Guryev said their client doesn't own the ...

  12. Eric Schmidt Buys Abandoned Alfa Nero Superyacht for $67.6 Million

    June 16, 2023 at 10:04 AM PDT. Former Google CEO Eric Schmidt bought the Alfa Nero superyacht that was ditched in Antigua in March 2022 after Russian troops invaded Ukraine. The billionaire "won ...

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    Former Google CEO Eric Schmidt sailed off with the superyacht abandoned in the Caribbean by its Russian oligarch owner after the invasion of Ukraine with a winning $67.6 million bid during an ...

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  17. World's most expensive sailing superyacht sits abandoned

    A Russian oligarch's $860 million superyacht, seized by Italian police, has sat abandoned in the sea for almost two years.

  18. Abandoned Superyacht Is Still Burning $2,000 A Day In Just Fuel Costs

    The superyacht abandoned by a Russian oligarch, seized by Antigua, and later sold to a former Google CEO for four percent of the island nation's GDP? Well, unfortunately for Antigua, that sale fell through earlier this month — leaving the country on the hook once again for thousands of dollars a month in maintenance.

  19. Mystery of abandoned £100m megayacht 'seized from Putin crony' that is

    Nonetheless, Antigua was left to seize the superyacht as abandoned property and took legislative steps to auction it off. However, Guryev's daughter, Yulia Guryeva-Motlokhov, has filed a suit claiming that she is the vessel's true owner and that the yacht's seizure and attempted sale six months ago violated procedure.

  20. Abandoned superyacht that burns $2,000 of fuel daily just to keep A/C

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  21. The Sad Story of an Abandoned Superyacht

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