Russian oligarchs' superyachts seized as part of sanctions resulting from Russia's Ukraine invasion remain in limbo. It's unclear if they can be sold.
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 ...
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 ...
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 ...