The war against the Russian owned superyachts

 Bloomberg:

A growing number of superyachts belonging to Russian tycoons have made their way to the Indian Ocean, cruising around the Maldives and Seychelles just as sanctions are imposed on their homeland following Vladimir Putin’s invasion of Ukraine. 

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An estimated 7% to 10% of the global superyacht fleet is owned by Russians, according to industry watcher Superyacht Group. Overall yacht counts have dipped to 10 from 19 this time last year in the Maldives, while they’ve climbed from five to 12 in the Seychelles, a former British colony known for its palm-fringed islands and sandy beaches. 

The movements come as the U.S. signals it will take aim at Russian business leaders’ assets as part of its economic campaign against Moscow over the invasion. In his State of the Union address Tuesday, President Joe Biden said that the U.S. and its allies are preparing to seize the yachts, luxury apartments and private jets of wealthy, politically connected Russians.

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One Russian Yacht was sunk at its port by a Ukrainian employee before he fled to Ukraine to join the fight. 

See, also:

Russian oligarch's massive $600M yacht seized in Germany: reports

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