It is difficult to buy, it is impossible to sell: in the event they do not know what to do with the superiments of oligarchs from the Russian Federation

According to Buisiness Insider, before the invasion of Ukraine, in August 2021, the Russian owners of yachts were the second largest share of vessels more than 40 meters long. Over the past 10 years, they have bought 16% of all Superias in the world. More than two years have passed since Russia's invasion of Ukraine, the world of yachting is still in the ignorance of the further fate of luxurious superhairs that belong to Russian oligarchs who have been sanctioned. Business Insider writes about it.

According to the newspaper, the war against Ukraine forced many states to impose sanctions against the richest Russians, including confiscation of their superhairs worth hundreds of millions of dollars. However, it is unclear whether it is possible to sell these yachts or find a buyer, which led to the fact that the ports on which these gorgeous vessels are usually in the floating state.

"The problem with Russian Superites is becoming more serious,"-says one of the brokers of luxurious yachts, who spoke at the International Yacht Exhibition in Palm Beach last week. Many of them preferred to remain anonymous, given the sensitivity of this topic and the overall secrecy in the industry. Russia has long occupied leading positions in the Super -Market Market.

Before invasion of Ukraine in August 2021, the Russian owners of yachts were the second largest share of vessels more than 40 meters long, according to the report of the Superyacht Times. Their share was 16% of the total acquisition of new superhairs in the previous decade, and they are known for their tendency to extravagant interiors and unique functions.

One of the anecdotal stories is the order of the oligarch of a large safe in the cabinet of the owner for storing rifles, which he then used for firing on plates on the deck. However, these sales stopped because of the sanctions imposed on the oligarchs. At least a dozen Superayt with a total value of more than $ 1 billion have been detained. Now the fate of these vessels is unclear. According to the publication, it is difficult to sell or buy. First, many of the yachts are "frozen", not arrested.

This means that although Russian owners cannot use or pick them up, technically they do not belong to any foreign government, which makes them unbounded without special permission. At the beginning of this month, federal prosecutors asked the judge to allow the sale of 106-meter Amadea superchanta, whose rent in San Diego is $ 922,000 a month. "I was repeatedly asked, but as long as the only answer we can give is we do not know how this situation will be resolved," says another Broker Supe.

Despite the brokers' statements about the Amadea yacht, most of the "ultra -backers" or their brokers do not even want to approach these vessels, even if the government receives permission for sale. "What will it look like if you buy a Russian yacht?" Asks Julia Simpson, broker with Thompson of Monaco. "Despite the fact that it is absolutely legal and normal, many questions arise. For example, where the former owner received his money and whether it will affect the reputation of the new owner.

" In addition, there are legal risks because it is difficult for the government to determine to whom the yachts actually belong. "Oligarchs usually use complex expensive assets through offshore companies and trusts to hide their true property," explains the former Federal Prosecutor Joshua Naftalis, who is currently working in Pallas Partners. Even if the government is the owner, it will depend largely on the court's decision.

For example, a Russian whose yacht was confiscated by the French government won the trial and resumed access to his vessel in 2022. "Purchasing a yacht is a complex process," says Ralph Dasrt, Head of Superyacht Times Analytics Department. "There is a serious risk that the former owner will sue you to return his ship. " He gives an example with Alfa Nero yacht, 82 meters long, which Eric Schmidt planned to buy for $ 67 million at an auction organized by Antigua and Barbuda last year.

However, he gave up this idea after trying to block the sale, probably fearing possible legal problems. "When the reason for the sanctions stops, which may happen, the Russian owners will try to return their vessels," Simpson notes. In the end, "the government will not buy them. " If the sanctions are removed, the cost of the yachts will decrease as unused vessels will lose their value faster than those actively used.

"These yachts need to be maintained in working order to maintain their value," another broker explains. "Simple storage on an anchor with a temporary crew does not contribute to the conservation of the ship's condition. " And for Russian owners who will be able to maintain control of their vessels, it will not be easy to get rid of them in the future.

"Therefore, the richest Russians have" stuck "in a few countries that they allow them, for example, in Maldives, in Montenegro and Dubai," the publication summarizes. Recall that in the US, the owner of the Lamborghini yacht worth $ 4. 5 million threatened an employee of a private pier after he was told that he could not be staying there. The employee so pulled out of his wallet with a 100-dollar bills and threw them into him. He added that the businessman clung to him.