• Work & Careers
  • Life & Arts

Antigua confirms Roman Abramovich owns two yachts moored on island

The Garcon superyacht

  • Antigua confirms Roman Abramovich owns two yachts moored on island on x (opens in a new window)
  • Antigua confirms Roman Abramovich owns two yachts moored on island on facebook (opens in a new window)
  • Antigua confirms Roman Abramovich owns two yachts moored on island on linkedin (opens in a new window)
  • Antigua confirms Roman Abramovich owns two yachts moored on island on whatsapp (opens in a new window)

Arash Massoudi , Robert Smith , Cynthia O’Murchu and Laura Hughes in London

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.

The Antiguan government has established that two yachts moored in the Caribbean island belong to Roman Abramovich, confirming a Financial Times investigation that revealed the vessels appeared to be owned by the sanctions-hit oligarch.

The FT reported this week that boats docked in Antigua’s Falmouth Harbour were owned by a British Virgin Island company with ties to Abramovich, prompting the Caribbean nation to call on the UK government to help confirm whether the oligarch was their ultimate owner.

In a letter to the British High Commissioner to Barbados seen by the FT, Antigua’s minister of foreign affairs Paul Chet Greene said the island’s government had requested information on whether the owner of the BVI company, Wenham Overseas Limited, is on Britain’s sanctions list, in light of “persistent allegations by the Financial Times that the vessels could be owned by Mr Roman Abramovich”.

The letter then confirmed that the British High Commission had provided Antiguan authorities with a letter “from the Financial Investigation Agency of the British Virgin Islands which states the beneficial owner of Wenham Overseas Ltd is Roman Abramovich”.

Abramovich, the owner of Chelsea Football Club, has been placed under sanctions by the UK and the EU, though not by the US, for his allegedly close ties to Russian president Vladimir Putin.

While Antigua said this month that it would enforce all US, EU and UK sanctions on Russian entities and individuals, the island nation initially struggled to verify the ownership of the two boats.

Antigua’s confirmation of Abramovich’s ownership of the yachts raises the prospect that they could be seized . The letter noted that Antigua “will provide full assistance to the Government of the United Kingdom” if it receives a request under the two nations’ Mutual Legal Assistance Treaty.

British officials confirmed the government was in contact with the authorities of Antigua and Barbuda and was providing assistance. The UK said it would not comment on discussions.

The yachts in question — called Halo and Garçon — are worth about $38mn and $20mn respectively, according to valuation service VesselsValue.

Halo was built for Australian billionaire James Packer and was originally named EJI after the initials of his three children. However, the casino heir put the yacht up for sale a few months after it was delivered in 2018, reportedly because it was “too small”.

Garçon is a 67-metre explorer vessel designed to carry helicopters and an “armada of water toys”, and was built for Ukrainian billionaire Yuriy Kosiuk, who sold the so-called support yacht last year.

Promoted Content

Follow the topics in this article.

  • Russian business & finance Add to myFT
  • Antigua and Barbuda Add to myFT
  • British Virgin Islands Add to myFT
  • Roman Abramovich Add to myFT
  • Cynthia O'Murchu Add to myFT

International Edition

  • Coronavirus
  • Covid-19 In-depth
  • Navigate Bermuda
  • RG Fantasy League
  • Classifieds
  • Drive For Change
  • Terms of Service

abramovich yacht antigua

Net closes in on Roman Abramovich’s Bermuda-registered yachts in Antigua

abramovich yacht antigua

Two Bermuda-registered superyachts owned by the Russian billionaire Roman Abramovich could be seized after they put into port in the Caribbean.

The 67-metre Garçon and the 55-metre Halo , flying the Bermuda flag, docked in Falmouth Harbour in Antigua, which said it was prepared to co-operate with Britain, the EU and the United States, which have imposed sanctions on Russian oligarchs after Russia launched an invasion of neighbouring Ukraine.

Sir Ronald Sanders, Antigua and Barbuda’s ambassador to the US, said: “Antigua and Barbuda has been at the forefront of objections to the invasion of Ukraine and Russia’s violation of international law.”

But he added the US had been unable to establish beyond doubt the ownership of the boats because of the “veil of secrecy” around BVI companies.

Sir Ronald said: “We have no sanctions laws here — we can’t seize property unless someone has committed a crime in Antigua, which they have not.

“However, we would wish to co-operate with the jurisdiction imposing the sanctions.

“The British would have to make a mutual legal assistance treaty request to Antigua for us to do anything.”

Sir Ronald explained that once a request was made, the case could be taken to court for a possible seizure of the boats.

He was speaking to the Antigua Observer, which said that the British Financial Times had identified the yachts as linked to Mr Abramovich.

The two yachts were said to be owned by British Virgin Islands-based Wenham Overseas and that Abramovich, 55, was the beneficial owner.

But firms based in BVI, like Bermuda, a UK Overseas Territory where John Rankin, a former governor of Bermuda, is the Governor, are not required to reveal the beneficial owners.

But E P Chet Greene, the Antigua and Barbuda foreign affairs minister, has written to Scott Furssedonn-Wood, the British High Commissioner to Barbados, who also has responsibility for several other Caribbean countries, to ask for assistance in firm identification of the boats’ owner and to promise “full assistance”.

Britain, the EU and the US have drawn up sanctions lists of the Russian super-rich and companies linked to them said to be close to Russian president Vladimir Putin, who ordered the illegal invasion of Ukraine.

Mr Abramovich, the owner of Chelsea FC in London, and other Russian oligarchs have been hit with asset freezes, travel bans and other restrictions.

Several megayachts, along with private aircraft and mansions, have been seized by authorities around the world.

Antigua and Barbuda joined the chorus of condemnation of the illegal Russian action in Ukraine and promised to take action against Russian interests.

Sir Ronald said: “We gave the lists to all our agencies, banks, Coast Guard, shipping companies, everyone who does business, saying these are people Antigua and Barbuda would prefer not to do business with.”

The country has warned that anyone caught doing business with people or companies on the sanctions list, even if by accident, risked sanctions themselves.

The Antigua Observe r said that the country’s banks had decided not to do any business with Russia or Belarus, which has supported the Russian invasion, even if the people or firms were not on any sanctions list.

Sir Ronald explained: “Going through every single person on the lists is expensive and the risk was not worth the reward.”

Lindsy Thompson, the resident British Commissioner in the two-island country, said: “It’s incredibly important for all nations, regardless of the size of their population, to put pressure on Russia.

“The horrific invasion and atrocities being committed by Russia have a profound effect on the whole world, whether it’s the cost of fuel, the cost of living, but also on each nation’s right to self-determination and this is a huge affront to that.”

Ms Thompson added: “Anything any country can do which allows the people of Ukraine to live in peace is the right thing to do.“

The Bermuda Shipping and Maritime Authority revealed two weeks ago that ten vessels on the island’s registry belonged to companies set up in other overseas territories that were “widely known to be associated with high-profile Russian nationals”.

The BSMA said there was nothing in Bermuda’s maritime legislation to allow for sanctions.

But the authority was said to be in consultation with the Attorney-General’s Chambers and the Financial Sanctions Implementation Unit to decide the next steps.

abramovich yacht antigua

You must be Registered or Signed in to post comment or to vote.

abramovich yacht antigua

  • Electronic Edition
  • Registration
  • Privacy Policy

Authorities say sanctioned Russian oligarch Roman Abramovich owns 2 yachts moored in the Caribbean, including one that carries helicopters

  • Antigua authorities say Roman Abramovich owns two yachts moored there, The Financial Times reported.
  • Two other yachts owned by Abramovich docked in Turkey after he was sanctioned.
  • An Antigua official said the country would assist the UK, which has sanctioned Abramovich.

Insider Today

Authorities in Antigua say sanctioned Russian oligarch Roman Abramovich owns two yachts that are moored there.

The Financial Times first reported the news.

Two other yachts owned by Abramovich, thought to be worth a combined $1.3 billion, docked in Turkey late March, avoiding sanctions risks at EU harbors.

The two boats are docked in Antigua's Falmouth Harbor are owned by Wenham Overseas Ltd, a company based in the British Virgin Islands, The Financial Times reported.

Related stories

Paul Chet Greene, Antigua's minister of foreign affairs, said in a letter that the British High Commission had given Antiguan authorities a letter from the Financial Investigation Agency of the British Virgin Islands "which states the beneficial owner of Wenham Overseas Ltd is Roman Abramovich."

In Greene's letter, which was sent to the British High Commissioner to Barbados and viewed by The Financial Times, he said that Antigua would provide "full assistance" to the UK government under a mutual legal assistance treaty between the two nations.

Antigua previously said it would enforce US, EU, and UK sanctions against Russia, The Financial Times reported.

Abramovich, who owns Chelsea Football Club and whom Bloomberg estimates is worth about $14.4 billion , is believed to have close ties to the Kremlin . His name was included among those  sanctioned by the UK on March 10 and the EU on March 15 as part of Western measures to pressure Russian President Vladimir Putin to call off the invasion of Ukraine.

Abramovich has previously been linked to properties in New York, France, and London , each worth millions of dollars. As well as the two boats in Antigua, he also has at least two superyachts, multiple private jets, a helicopter, and a number of luxury cars.

One of his two vessels moored in Antigua is Halo, according to the publication. The 180-foot vessel was built by Dutch yachtmaker Amels for Australian billionaire James Packer. He listed it for sale for around $46 million a few months after it was delivered in 2018. Amels said the vessel can fit 12 guests, 12 crew, and a captain.

The other boat is Garçon, a 182-foot support vessel, which its makers Damen Yachting said was built to support the 285-foot superyacht Ace. It has a landing pad for a helicopter and can fit other smaller vessels onboard.

abramovich yacht antigua

  • Main content

Read the Latest on Page Six

Recommended

Russian oligarch roman abramovich’s secretive $1b superyacht fleet revealed.

  • View Author Archive
  • Email the Author
  • Follow on Twitter
  • Get author RSS feed

Contact The Author

Thanks for contacting us. We've received your submission.

Thanks for contacting us. We've received your submission.

Sanctioned Russian oligarch Roman Abramovich’s fleet of superyachts was revealed Friday to be more extensive than previously known following the discovery of two more luxury vessels in Antigua – both of which now face seizure.

British authorities have determined that Abramovich is the owner of the yachts Halo and Garçon, which have been the subject of persistent scrutiny while docked in Antigua as Western nations crackdown on the wealth of rich Russians during the Ukraine invasion.

Halo is valued at approximately $38 million, while Garçon is worth about $20 million, according to data from yacht valuation firm VesselsValue.

Abramovich’s ownership of the two additional superyachts came to light following an extensive investigation by the Financial Times .

A top Antiguan official said the island sought information on Wenham Overseas Limited, an Abramovich-linked and British Virgin Islands-based firm listed as the owner of Halo and Garçon. The firm is on the UK sanctions list.

Roman Abramovich yacht Eclipse

In a letter to Antigua’s government, British officials said an investigation had determined that the “beneficial owner of Wenham Overseas Ltd is Roman Abramovich.”

Ronald Sanders, Antigua’s ambassador to the United States, said the country is willing to detain and seize both vessels if it receives a formal request from the UK government.

“The only way we can (seize the vessels) is if the British in their mutual legal assistance treaty request establish that this is a person they want because he has committed some crime,” Sanders told Reuters.

Abramovich was already known to be the owner of the $600 million Solaris and the $700 million Eclipse, each of which fled to sea last month after the United Kingdom sanctioned the oligarch. Both yachts were last known to be docked in Turkey .

Roman Abramovich

The Russian billionaire may also still own a fifth yacht, the $11 million Sussurro, that he first purchased in 1998, according to the FT. While Abramovich reportedly gave the yacht to his ex-wife following their divorce, the outlet said a source with knowledge of his fleet and other documents showed the oligarch was still linked to the vessel through another firm.

Abramovich and other oligarchs have scrambled to protect the trappings of their wealth during the increasingly harsh crackdown. The UK sanctions froze Abramovich’s assets and forced him to sell his ownership stake in the Premier League soccer club Chelsea.

Meanwhile, reports have surfaced that Abramovich may have been poisoned alongside Ukrainian officials last month while attending peace talks aimed at ending the invasion – a sign that the oligarch’s relationship with Russian President Vladimir Putin has frayed.

Share this article:

Roman Abramovich yacht Eclipse

Advertisement

Antigua says it is willing to help UK seize Abramovich yachts

  • Medium Text

Russian billionaire and owner of Chelsea football club Roman Abramovich arrives at a division of the High Court in central London

Sign up here.

Reporting by Brian Ellsworth; Editing by Marguerita Choy and Alex Richardson

Our Standards: The Thomson Reuters Trust Principles. New Tab , opens new tab

General elections in Dominican Republic

World Chevron

A woman leaves after casting her vote at a polling booth during the fifth phase of India's general election, in Mumbra

India begins voting in fifth phase as Mumbai, Gandhi family boroughs head to polls

India began voting in the fifth phase of its mammothgeneral elections on Monday, with seats in the financial capital Mumbai and the opposition's Gandhi family bastions set to be sealed in the last few legs of the seven-phase vote.

Saudi King Salman bin Abdulaziz gives virtual speech during an opening session of the 15th annual G20 Leaders' Summit in Riyadh

Antigua News Room

Update in progress.

Site will be available soon. Thank you for your patience!

Luxurylaunches -

Roman Abramovich’s entire fleet of four luxury superyachts are now safe and secure in Turkey. His Halo and Garcon superyachts made a 5,000 nautical mile journey and crossed oceans from Antigua to Göcek.

abramovich yacht antigua

You may also like

abramovich yacht antigua

Not his wife or lover, but Russian oligarch Alisher Usmanov named his $800 million superyacht after his beloved mother. Currently seized in Germany ‘Dilbar’ is the world’s largest yacht by volume; it has two helipads, 60 cabins, and a displacement, the equivalent of 12 blue whales.

abramovich yacht antigua

Billionaires may soon be able to rejuvenate in AI-driven wellness centers onboard their superyachts

abramovich yacht antigua

Holiday like the Kardashians – The Jumeriah Vittaveli hotel in the Maldives lets you rent a superyacht

abramovich yacht antigua

American billionaire David Geffen slammed for flaunting self-isolation onboard his $590 million super yacht

abramovich yacht antigua

The 242 feet long Lurssen-made Aurora superyacht is on sale for $136 million. With art-deco inspired interiors the stunning vessel can house 16 guests in utmost luxury.

abramovich yacht antigua

Columbus Yachts has revealed a 120-meter gigayacht project with a waterfall that cascades between two pools

abramovich yacht antigua

Along with his $1.3 billion megayachts Eclipse and Solaris, Roman Abramovich owned a rather modest $40 million superyacht. Incidentally, he passed the ownership of the 165-ft long vessel to his close friend exactly on the day Russia invaded Ukraine.

abramovich yacht antigua

Despite paying $100,000 every month for more than a year to maintain the Russian billionaire’s abandoned superyacht, Antigua has made a massive profit of $63 million on the sale of the Alfa Nero to ex-Google CEO Eric Schmidt. The proceeds will add 4% to the country’s GDP.

abramovich yacht antigua

Russian billionaire Roman Abramovich is selling his private Boeing 767 jet – It has a massive lounge, three spacious bedrooms, and even a reading room.

Russian Billionaire Roman Abramovich Owns 16 Yachts And Vessels, 10 More Than Previously Known

  • Share to Facebook
  • Share to Twitter
  • Share to Linkedin

Roman Abramovich.

Documents show that the sanctioned tycoon has a much larger fleet than previously known. At least one of the previously unreported yachts is currently in French territory, putting it at risk of being frozen by authorities.

A trove of leaked documents has revealed several previously unreported assets owned by sanctioned Russian billionaire Roman Abramovich . The files, shared with the Organized Crime and Corruption Reporting Project (OCCRP) and its partners, including Forbes , show that Abramovich owns at least 10 more yachts and vessels through offshore companies and trusts—in addition to six yachts worth at least $1 billion that were already public knowledge.

The documents come from MeritServus, a Cyprus-based corporate services provider used by Russian oligarchs, and were initially shared with The Guardian , which received them from an anonymous third party. According to The Guardian , the files show that Abramovich transferred ownership of 10 offshore trusts with billions of dollars in assets —including the trust that owns his yachts and private jets—to his seven children in early February 2022, just three weeks before the Russian invasion of Ukraine and about a month before Abramovich was sanctioned by the U.K. and EU. An OCCRP investigation using company records and documents in the leak also revealed that Abramovich had invested some $230 million in a large Russian forestry company —whose other shareholders included the Russian government—between 2008 and 2016, before selling his stake for about $110 million one month before the outbreak of war in Ukraine.

Forbes identified 10 vessels owned by Abramovich that had not been previously attributed to him, bringing his overall tally to 16. Eight of the ships are small vessels that, according to the leaked documents, are “used to support the operations” of Eclipse , the 533-foot, $427 million megayacht that Abramovich had built in 2010. Eclipse is currently moored in the Turkish port of Bodrum, with three more of Abramovich’s yachts—the 458-foot, $475 million Solaris , the 180-foot, $38 million Halo and the 220-foot, $20 million Garcon —all anchored nearby, along Turkey’s western Mediterranean coast. A representative for Abramovich did not immediately respond to a request for comment.

Outside of the eight support vessels, the leaked documents also show that Abramovich owns a 40-foot Bluegame motor boat named Umbra A , valued at roughly $1 million in a 2016 annual report. The most valuable of the previously unreported yachts is the 80-foot Kewpie , worth about $3 million according to yacht valuation experts VesselsValue. The ship is registered in Bermuda and is currently located in the French overseas territory of Saint Barthélemy, more commonly known as St. Barts, where it has been moored since early November. Abramovich is a familiar face in St. Barts: He owns two properties on the island, one of which was frozen by French authorities in April.

That means Kewpie is also at risk of being frozen, because it’s located on French territory and Abramovich is under EU sanctions—unlike the megayachts in Turkey, which has not imposed sanctions on Russian oligarchs. And Kewpie isn’t the only one of Abramovich’s vessels that could be in trouble. His 162-foot, $11 million Sussurro has been moored in La Ciotat on the French Riviera for nearly a year. Yet another yacht, the 164-foot, $30 million Aquamarine , appears to still be in the Netherlands. Aquamarine ’s ultimate owner is a British Virgin Islands-based company that Abramovich transferred to his business associate David Davidovich on February 24, 2022.

Abramovich uses a complex structure of offshore entities for his yachts plus other assets including four jets , six helicopters and luxury villas and estates . His fleet of 16 ships and 10 aircraft—worth a collective $1.6 billion—are owned by several firms registered in offshore havens including Aruba, the British Virgin Islands, the Isle of Man and Jersey, all known for their secrecy and low-tax regimes. The leaked filings, combined with a seizure warrant for two of Abramovich’s jets filed by the U.S. Department of Justice in June, show that all of these assets—except Aquamarine —are ultimately owned by the Cyprus-based Europa Settlement Trust.

Until February 4, 2022, Abramovich was the trust’s only beneficiary. But on that day, two of Abramovich's representatives—David Davidovich and Tatyana Haykin—filed a document that added his seven children as additional beneficiaries. Four days later, Abramovich was removed entirely, leaving the trust and its trove of yachts and jets to his kids. The amendments to the trust appear to have been completed by February 24, the same day Russian tanks rolled into Ukraine.

Despite the changes to his trusts in February, Forbes still counts Abramovich as a billionaire with an estimated net worth of $8.7 billion. While the megayachts and jets are now technically owned by his children, the oligarch still appears to control them: Abramovich flew aboard his Gulfstream G650 from Israel to Istanbul on March 14, before departing for Moscow the next day.

Giacomo Tognini

  • Editorial Standards
  • Reprints & Permissions
  • Environment
  • Road to Net Zero
  • Art & Design
  • Film & TV
  • Music & On-stage
  • Pop Culture
  • Fashion & Beauty
  • Home & Garden
  • Things to do
  • Combat Sports
  • Horse Racing
  • Beyond the Headlines
  • Trending Middle East
  • Business Extra
  • Culture Bites
  • Year of Elections
  • Pocketful of Dirhams
  • Books of My Life
  • Iraq: 20 Years On

Roman Abramovich’s $600m yacht leaves UK-operated port in Turkey

Abramovich is one of the most high-profile russians to face international sanctions for alleged links to putin.

The luxury yacht 'Solaris' near the Aegean coastal resort of Bodrum in Turkey. AP

The luxury yacht 'Solaris' near the Aegean coastal resort of Bodrum in Turkey. AP

Simon Rushton author image

Live updates: follow the latest news on Russia-Ukraine

The Solaris superyacht linked to sanctioned Russian billionaire Roman Abramovich has been moved from Turkey’s Bodrum port on the Aegean coast to another near by.

Marine Traffic, a ship-tracking website, showed the 140 metre Solaris was anchored near Yalikavak after travelling about 50 kilometres around the Bodrum Peninsula.

The Solaris is one of two vessels linked to Abramovich that are together worth an estimated $1.2 billion and have docked in south-west Turkey in recent weeks.

On Monday, Global Ports Holding, the London-listed operator of Bodrum, said the decision to allow ships to dock was the responsibility of the Turkish authorities.

Abramovich, the owner of Chelsea FC, is one of the most high profile Russians to face international sanctions and asset forfeiture because of alleged links to President Vladimir Putin, whose decision to send troops into Ukraine resulted in weeks of fighting.

Superyacht 'Amore Vero', which French authorities say is linked to the chief executive of Rosneft, a Russian energy company, moored near Marseille, France. Reuters

Superyacht 'Amore Vero', which French authorities say is linked to the chief executive of Rosneft, a Russian energy company, moored near Marseille, France. Reuters

In the UK, there were questions about why the Solaris was allowed to dock and then permitted to sail from a port owned by a company listed in London.

Global Ports said it did not receive “any service fee or other payments concerning the berthing of the superyacht at Bodrum Cruise Port”.

Mr Abramovich was an unexpected face among the officials and diplomats gathered in a wing of the former imperial Dolmabahce Palace in Istanbul before peace talks between Russia and Ukraine were held there.

The Kremlin said his presence would “enable certain contacts”, while Turkish President Tayyip Erdogan said Abramovich was sincerely working to end the war.

Abramovich and Ukrainian peace negotiators experienced poisoning symptoms

Abramovich and Ukrainian peace negotiators experienced poisoning symptoms

While his official capacity at the peace talks is vague, he is one of a number of people reported to be have been poisoned at an earlier round of talks.

Abramovich is one of several wealthy Russians who were last month added to EU and UK blacklists following Russia's invasion of Ukraine, which began in February.

Governments are seeking to isolate Mr Putin and his allies for their role in Russia's war against Ukraine.

Turkish Foreign Minister Mevlut Cavusoglu said Russian oligarchs are welcome in Turkey but they must abide by international law if they wish to do business.

Turkey, a member of the Nato military alliance, shares a maritime border with Ukraine and Russia in the Black Sea. It has good ties with both and has offered to mediate.

Ukrainians attempt to stop Abramovich's yacht docking in Turkey

Ukrainians attempt to stop Abramovich's yacht docking in Turkey

Ukrainian protesters tried to stop the Solaris from docking.

Two other yachts worth almost $60m moored by the Caribbean island of Antigua have been revealed to belong to Abramovich.

The vessels, the Halo worth $38m and the $20m Garcon , were docked in Antigua’s Falmouth Harbour, and registered with a British Virgin Island company.

View from London

Your weekly update from the UK and Europe

View from London

  • International edition
  • Australia edition
  • Europe edition

Solaris superyacht in Bodrum

Roman Abramovich’s superyacht leaves Turkish port run by UK-listed firm

Russian oligarch’s vessel departed after Global Ports Holding was pressed to act over UK sanctions

Roman Abramovich’s $600m (£458m) superyacht Solaris has left a port in Turkey after the London-based company that operates the terminal which had been harbouring the oligarch’s yacht was pressed to act.

Solaris, which is 140 metres long and has a helipad and swimming pool, left Bodrum Cruise Port on Monday. It is now at anchor off Yalikavak beach in south-western Turkey, according to the shipping data service Marine Traffic .

Pressure had been building for Global Ports Holding (GPH), the Mayfair-headquartered company that runs Bodrum Cruise Port, to refuse services to Solaris.

Legal experts had said the London-listed company was taking “a very big risk” by allowing a superyacht owned by a sanctioned individual to use one of its ports. The Bodrum port is one of 22 terminals run by the firm.

Abramovich, the owner of Chelsea Football Club, is one of several Russian billionaires hit by UK sanctions last month as part of the government’s efforts to put pressure on Vladimir Putin to end the invasion of Ukraine. Liz Truss, the foreign secretary, described the sanctioned individuals as having “the blood of the Ukrainian people on their hands”.

A spokesperson for Global Ports Holding declined to comment on why Solaris had left the port.

In a statement on Sunday, the company said it did not have “any power to accept or reject any ship or yacht” from the port but it had taken the decision to “not receive any service fee or other payments concerning the berthing of this superyacht”.

“Global Ports Holding plc notes recent press speculation regarding the berthing at Bodrum Yolcu Liman İşletmeleri AŞ (Bodrum Cruise Port), Turkey, of a superyacht, allegedly owned by a designated person subject to sanctions imposed by the UK government,” GPH said .

“As a private terminal operator in Turkey , GPH merely operates Bodrum Cruise Port as the concessionaire and is not involved in granting permission for a ship or a yacht to dock at the port. This responsibility and decision sit with the Turkish authorities, and as concessionaire, GPH must comply with such a decision as long as the decision is legal under the applicable laws.

“However, and notwithstanding the difficulties of any party to correctly identify the actual ownership of such assets, GPH has not and will not receive any service fee or other payments concerning the berthing of this superyacht at Bodrum Cruise Port.”

The company said the berthing of Solaris did not breach UK sanction laws because “the alleged offence has taken place at a port outside the United Kingdom where GPH does not have any ownership or any power to accept or reject any ship or yacht pursuant to the applicable laws”.

Solaris arrived at Bodrum Cruise Port on 22 March after hurriedly leaving a port in Barcelona , where it was undergoing repairs, as EU countries began seizing sanctioned individuals’ assets.

Ukrainian protesters tried to stop Solaris mooring at the port. Members of the Optimist Sailing Team Ukraine confronted the vessel in a small boat, chanting “No war in Ukraine” and waving the country’s flag. They were part of a junior sailing team that was in Turkey to compete in an annual competition, having left Ukraine before the invasion.

Turkey has refused to impose sanctions on Russians, despite the UK, US and EU uniting to restrict oligarchs believed to have benefited from close relationships with Putin. The Turkish foreign minister, Mevlüt Çavuşoğlu, said the oligarchs were “of course” welcome and could do business in Turkey according to international law.

Another, even larger, superyacht owned by Abramovich is moored in Turkey. Eclipse, which at 162.5 metres is believed to be the world’s second largest superyacht, arrived at the port of Marmaris on 22 March.

Reports suggest that Abramovich owns as many as five superyachts worth more than $1bn (£762m) in total. Another yacht linked to the billionaire, Garcon, is now berthed in Antigua.

The Antiguan government has asked for the UK’s assistance to seize the vessel. Ronald Sanders, the country’s ambassador to the US, told Reuters: “We’ve said that we’re quite happy to cooperate, but under the rule of law. The only way we can [seize the vessel] is if the British, in their mutual legal assistance treaty request, establish that this is a person they want because he has committed some crime.”

  • Roman Abramovich
  • Shipping industry
  • Corporate governance

Most viewed

IMAGES

  1. 15 incredible features in Roman Abramovich's super yacht

    abramovich yacht antigua

  2. 15 incredible features in Roman Abramovich's super yacht

    abramovich yacht antigua

  3. Roman Abramovich’s entire fleet of four luxury superyachts are now safe

    abramovich yacht antigua

  4. Net closes in on Roman Abramovich’s Bermuda-registered yachts in

    abramovich yacht antigua

  5. Roman Abramovich's Yacht Fleet Past & Present

    abramovich yacht antigua

  6. Roman Abramovich’s yacht is an extravagant masterpiece, measuring a

    abramovich yacht antigua

VIDEO

  1. Seized Russian Yacht in Antigua and Barbuda 🇦🇬. Comment and Subscribe

COMMENTS

  1. Antigua confirms Roman Abramovich owns two yachts moored on island

    The Antiguan government has established that two yachts moored in the Caribbean island belong to Roman Abramovich, confirming a Financial Times investigation that revealed the vessels appeared to ...

  2. Roman Abramovich Is Confirmed Owner Of Two Yachts In Antigua ...

    Topline. Two yachts moored in Antigua are confirmed to belong to Roman Abramovich and could possibly be seized, the Financial Times said on Friday, the latest assets to come under scrutiny as ...

  3. Antigua confirms Roman Abramovich owns two yachts moored on island

    April 1, 2022. 5. FINANCIAL TIMES: The Antiguan government has established that two yachts moored in the Caribbean island belong to Roman Abramovich, confirming a Financial Times investigation that revealed the vessels appeared to be owned by the sanctions-hit oligarch. The FT reported this week that boats docked in Antigua's Falmouth Harbour ...

  4. Antigua confirms that Roman Abramovich owns two yachts moored on island

    Two yachts worth almost $60 million moored on the Caribbean island of Antigua have been revealed to belong to Roman Abramovich. Sanctions-hit oligarchs have been moving their superyachts around the globe in an attempt to avoid the reach of the West.. The two vessels, docked in Antigua's Falmouth Harbour, are registered with a British Virgin Island company, Wenham Overseas Limited, which the ...

  5. Net closes in on Roman Abramovich's Bermuda-registered yachts in Antigua

    The Bermuda-registered Halo, owned by Russian billionaire Roman Abramovich, and the Garçon, a bigger yacht also owned by the oligarch, could be seized after they docked in Antigua (Photograph ...

  6. Antigua Finds Two More Yachts Belonging to Oligarch Roman Abramovich

    Published Apr 1, 2022 11:46 PM by The Maritime Executive. The government of Antigua has confirmed that two yachts in its waters are linked to Russian oligarch Roman Abramovich, who is under UK ...

  7. Russian oligarch's yachts leave Antiguan waters after months of

    By Orville Williams [email protected] The two yachts owned by sanctioned Russian oligarch Roman Abramovich have finally left Falmouth Harbour in Antigua where they were moored for several months.

  8. Sanctioned Oligarch Abramovich Owns 2 Yachts in Caribbean: Authorities

    Advertisement. Authorities in Antigua say sanctioned Russian oligarch Roman Abramovich owns two yachts that are moored there. The Financial Times first reported the news. Two other yachts owned by ...

  9. Russian oligarch Roman Abramovich's secret $1B superyacht fleet revealed

    Roman Abramovich's yacht Solaris is currently docked in Turkey. Anadolu Agency via Getty Images. In a letter to Antigua's government, British officials said an investigation had determined ...

  10. Two Falmouth Harbour yachts confirmed as belonging to Russian oligarch

    Abramovich's 67-metre explorer vessel Garcon is currently moored in Falmouth Harbour alongside his 55-metre yacht Halo (Photo by Edwin Gifford) By Gemma Handy [email protected] ...

  11. Antigua says it is willing to help UK seize Abramovich yachts

    Antigua and Barbuda is willing to help Britain seize yachts owned by sanctioned Russian oligarch Roman Abramovich, the Caribbean nation said on Friday, adding London must seek such assistance via ...

  12. Antigua investigates yacht with possible Abramovich ties

    FINANCIAL TIMES: The Antiguan authorities is investigating a yacht with obvious hyperlinks to Russian oligarch Roman Abramovich. The 67-metre explorer vessel, named Garçon, is moored in Falmouth Harbour marina within the southern tip of the Caribbean island, in line with database MarineTraffic. This month Antigua stated it might implement all US, EU and UK sanctions […]

  13. Net closes in on Roman Abramovich's Bermuda-registered yachts in Antigua

    ROYAL GAZETTE: At risk: the Bermuda-registered Garçon, above, and the Halo, both linked to Russian billionaire Roman Abramovich, are at the centre of an international seizure move after they docked in the Caribbean (Photograph supplied) The Bermuda-registered Halo, owned by Russian billionaire Roman Abramovich, and the Garçon, a bigger yacht also owned by the oligarch, could be seized after ...

  14. Two of Roman Abramovich's Superyachts Suddenly Sail ...

    A later investigation determined that the direct beneficiary (i.e., the actual owner) was, indeed, Abramovich, but Antigua didn't have sanction laws or the grounds to impound them. Both ships ...

  15. Roman Abramovich's entire fleet of four luxury ...

    Several weeks after Russian oligarch Roman Abramovich's Halo and Garcon vessels were given permission to leave Antigua, the two motor yachts have been spotted in the Turkish port town of Göcek, according to the YouTube channel eSysman SuperYachts.What this means is the sanctioned Russian billionaire's entire fleet of luxury superyachts worth a combined total of over $1.2 billion is ...

  16. Superyachts tracked: Abramovich's boat heads east after sanctions

    First published on Thu 10 Mar 2022 08.52 EST. Roman Abramovich's superyacht Solaris was heading east across the Mediterranean on Thursday after sanctions were extended to the Chelsea FC owner ...

  17. Russian Billionaire Roman Abramovich Owns 16 Yachts And ...

    Outside of the eight support vessels, the leaked documents also show that Abramovich owns a 40-foot Bluegame motor boat named Umbra A, valued at roughly $1 million in a 2016 annual report. The ...

  18. Roman Abramovich's $600m yacht leaves UK-operated port in Turkey

    Ukrainians attempt to stop Abramovich's yacht docking in Turkey. Ukrainian protesters tried to stop the Solaris from docking. Two other yachts worth almost $60m moored by the Caribbean island of Antigua have been revealed to belong to Abramovich. The vessels, the Halo worth $38m and the $20m Garcon, were docked in Antigua's Falmouth Harbour ...

  19. Roman Abramovich's superyacht leaves Turkish port run by UK-listed firm

    Reports suggest that Abramovich owns as many as five superyachts worth more than $1bn (£762m) in total. Another yacht linked to the billionaire, Garcon, is now berthed in Antigua.