The US government has said it has spent around $20 million maintaining a luxury superyacht seized from a sanctioned Russian ...
More than two years after Russia invaded Ukraine ... the 106-meter superyacht that has been docked in San Diego and costs the US as much as $922,000 a month to maintain. "I've had some inquiries ...
The 17 percent drop in superyacht sales was blamed on the exodus of Russians oligarchs as well as rising ownership costs.
Sales of superyachts took a dive in 2023, as long waiting lists, soaring costs and Russian oligarch sanctions hit demand. A buyer placing an order for a new yacht over 200 feet today faces wait ...
according to the SuperYacht Times, driven mostly by surging costs, waiting lists that ballooned during COVID and the sanctions against numerous Russian oligarchs. ZUMAPRESS.com A buyer placing an ...
Both new and used superyacht sales of vessels longer than 100 feet fell again 2023 — in part due to sanctions imposed on Russian oligarchs. But steady sales in America are helping to split at ...
The annual survey by SuperYacht Times found that rising costs, long wait times, and the exclusion of Russian oligarchs from the superyacht world all contributed to the decline in new orders.
The prediction will be galling for Western nations which have sought to economically isolate and punish Russia for its 2022 invasion of Ukraine. Get San Diego local news, weather forecasts ...