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Yacht’s Happening?

Yacht’s Happening?

Putin’s Best Pal’s £500-million Luxury Yacht Mysteriously Arrives in Hong Kong Harbour 

A £500-million SuperYacht owned by Russian Oligarch has appeared in Hong Kong amidst continuing sanctions. The massive luxury superyacht, which costs a whopping £200,000 day just to run, appeared in the harbour The gargantuan superyacht owned by one of Vladimir Putin's wealthiest pals is Nord, a 142 metre long vessel purchased by AlexeyMordashovthat departed from the Far East Russian port of Vladivostok recently to mysteriously appear in Hong Kong. 

Mordashov has lost around £10billion since the start of this year due to western sanctions against him and his business interests. Despite this he remains one of Russia's richest men, with a total worth of around £14billion - approximately nine million times the £1,600 average salary in his homeland. Nord costs a whopping £200,000 to run every single day, with a crew of 40 uniformed men and women as well as room for 20 passengers. Its gross weight is just under 10,000 tons. It costs around £200,00 per day just to maintain, and was built by a German luxury yacht builder. It contains a heliport and a custom-designed interior by Italian firm Nuvolari-Lenard. 

Owner Mordashov is chairman of state-backed steel firm Severstal, which has 54,000 employees in 69 countries, according to CNN. In March 2022 he was sanctioned by Britain before facing further financial penalties imposed by Washington in June. A spokesperson for Mordashov told Bloomberg that he remains in Moscow, denying suggestions he is the latest wealthy Russian businessmen to flee the country. 

Putin's own £100million superyacht, recently renamed Killer Whale, has been spotted off the coast of Estonia after beating a hasty retreat out of Germany for the Russian exclave at the onset of war, just as Western governments were threatening to embark on a seizing spree of oligarchs' property should Putin invade Ukraine.

Nautor Swan is broadening its network  in the APAC Region

Nautor Swan is broadening its network in the APAC Region

In Conversation with: Michelangelo Casadei, Group Chief Technical and Operations Officer

In Conversation with: Michelangelo Casadei, Group Chief Technical and Operations Officer