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OKTO Yacht – Ultimate $50M Superyacht

She features exterior design by Vallicelli Yacht Design and interior design by the esteemed Italian designer Alberto Pinto.

The superyacht was delivered from the Italian Yacht builders ISA in 2014. The striking superyacht is the epitome of luxury and comfort and a popular charter superyacht.

OKTO yacht interior

The OKTO yacht was one of the last yachts to be designed by the esteemed luxury designer Alberto Pinto .

She features a chic and monochromatic style and onboard accommodation for 11 guests in 1 master suite, 1 VIP suite, three doubles, and a single.

The owner’s suite features a private balcony over the water. The interior features a striking mix of natural light through huge windows, pale furniture, lacquered surfaces, and stainless steel.

The helipad turns into a great socializing and party area at night, with a state-of-the-art stereo system and dance area.

There is a cinema and gym on the sundeck which provides magnificent views of the waters.

The yacht is designed for excellent flow between outdoor and indoor areas.

The pool is one of the most striking features of the OKTO, with a covered lounge and sun loungers. Guests can enjoy a dip in the jacuzzi.

Complimenting the luxury is a massage room that can be used as a beauty salon or therapy room. The yacht has four tender garages.

The interior is designed to be a perfect combination of functionality and design. 

Andrea Vallicelli of Valicelli Yacht Design designed the fluid and striking exterior of the OKTO yacht.

The exterior design feature a striking black hull with a piercing bow. The sleek superstructure supports the striking superstructure.

The OKTO was built by  ISA  and delivered in 2014. She was refitted in 2016 by  Amico & Co  and Rybovich Shipyards.

Specifications

The OKTO yacht is powered by 2 Caterpillar engines, with a cruising speed of 13 knots and a maximum speed of 18 knots. She has a range of 3000 nautical miles.

She has a volume of 1149 gross tons. She has a length of 66.4m, a beam of 10.5m, and a draft of 2.95m. She has an annual running cost of $5 million.

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66,4m (218 ft)

11m (36 ft)

3,3m (10,8 ft)

FULL LOAD DISPLACEMENT

“The seduction of sweet life flowing on the water.”

The 66M GT M/Y OKTO was launched in 2014 by ISA Yachts . A true game changer, OKTO has raised the bar in superyacht design and engineering. Fusing the upmost expertise, creativity and serenity, she exceeds all expectations.

OKTO is certainly a sight to behold. On top of her jet black steel hull with its piercing bow sits a sleek, sparkling superstructure and this striking profile is only the start of her appeal. A large pool for salt or fresh water on the main deck aft is bound to become the hub of any vacation while the bridge deck aft abounds with space for alfresco dining, lounging and socializing with fellow guests. A secluded sun deck, meanwhile, with a Jacuzzi and sunning options provides a more intimate escape.

One of the last projects the late designer Alberto Pinto worked on, OKTO boasts a harmonious continuity between inside and outdoors. On the main deck, five-metre-wide glass doors slide open into an opulent salon. Pale furniture, lacquered surfaces and stainless steel structural detail flow from one space to the next while natural light floods in through huge windows. Visually striking, the grand ambiance and extraordinary comfort of this space continues throughout the whole motor yacht.

Powered by 2 CAT engines, this 66M can reach 18 knots max and cruises at 16 knots. With 5 cabins plus the master, it accommodates 12 guests.

SFOGLIA LA GALLERY

© Palumbo Superyachts Ancona s.r.l via Enrico Mattei 14 60125 Ancona, Italy IVA IT 02719080422

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OKTO is a 66.4 m Motor Yacht, built in Italy by ISA and delivered in 2014. She is the only GT 66 model.

Her top speed is 18.5 kn, her cruising speed is 16.0 kn, and she boasts a maximum cruising range of 6800.0 nm at 13.0 kn, with power coming from two Caterpillar diesel engines. She can accommodate up to 11 guests in 5 staterooms, with 17 crew members. She has a gross tonnage of 1149.0 GT and a 11.0 m beam.

She was designed by Andrea Vallicelli , who has designed 32 other superyachts in the BOAT Pro database.

The naval architecture was developed by ISA (21 other superyachts architected) and BMT Nigel Gee (8 other superyachts architected), and the interior of the yacht was designed by Alberto Pinto , who has 25 other superyacht interiors designed in the BOAT Pro database - she is built with a Teak deck, a Steel hull, and Aluminium superstructure.

OKTO is in the top 5% by LOA in the world. She is one of 202 motor yachts in the 60-70m size range, and, compared to similarly sized motor yachts, her cruising speed is 1.87 kn above the average, and her top speed 1.88 kn above the average.

OKTO is currently sailing under the Cayman Islands flag, the 2nd most popular flag state for superyachts with a total of 1366 yachts registered. She is currently located at the superyacht marina Fisher Island Club Marina, in United States of America, where she has been located for 2 weeks. For more information regarding OKTO's movements, find out more about BOAT Pro AIS .

Specifications

• Yacht Type: Motor Yacht
• Yacht Subtype: Displacement
• Model: GT 66
• Builder: ISA
• Naval Architect: BMT Nigel Gee , ISA
• Exterior Designer: Andrea Vallicelli
• Interior Designer: Alberto Pinto
• Refits: 2022-11-21,2020-11-24,2021-05-18,2022-06-10,2022-05-08

Available for charter

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This New 262-Foot Megayacht Has an Owner’s Suite Made of Glass So You Can Take in the Views

The luxurious project future is expected to hit the seas in 2027., rachel cormack.

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Rachel Cormack's Most Recent Stories

This new 131-foot all-aluminum superyacht lets you take a dip at tip and tail, this 92-foot yacht has a deck big enough for your chopper.

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ISA Yachts ’ Project Future is taking shape in the present. 

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The newcomer was sold to a repeat client in July, just over a month after the presentation of the new GT range. The owner, who has enjoyed the 217-foot ISA superyacht Okto for almost a decade, was seeking a fresh, innovative megayacht for the years to come. Enter Future. 

“The owner has always relied on Palumbo Superyachts for the maintenance of his superyacht,” Giuseppe Palumbo, CEO of Palumbo, said in a statement . “This allowed us to create a project tailored to his needs by formulating a new model with high-performance lines that winks at the near future.”

The yacht was once again penned by Enrico Gobbi of Team for Design and will feature naval architect by Palumbo’s in-house team. Billed as a “sporty coupé,” the 262-footer is replete with long, curved lines that create a sleek silhouette. The steel gray hull is adorned with charcoal details that further accentuate its shape. The superstructure is also set back further toward the aft than other Gran Turismo yachts to emphasize the distinctive ISA arch.

Stepping onboard, the main deck is home to four double cabins and a VIP with a lounge, while the lower deck sports a VIP cabin with twin beds and 10 crew cabins that can collectively seep 18. Occupying pride of place on the upper deck, the spacious and secluded owner’s suite is described as a “true glasshouse.” It is equipped with giant floor-to-ceiling windows, two bathrooms, a vanity area, two wardrobes, and an office. Gobbi will also take care of the interior design.

Project Future is expected to hit the seas in 2027. Stay tuned.

Rachel Cormack is a digital editor at Robb Report. She cut her teeth writing for HuffPost, Concrete Playground, and several other online publications in Australia, before moving to New York at the…

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If you have any questions about the OKTO information page below please contact us .

Launched in 2014, luxury motor yacht OKTO (Project H) is an impressive 66M Granturismo full displacement vessel, built by the respected Italian manufacturer, ISA Shipyard. Boasting aggressive plum bow as well as refined and elegant aft lines, superyacht OKTO is designed by bespoke Andrea Vallicelli. Her beautiful interior design is by Alberto Pinto. Accommodation onboard is offered for up to 12 guests in 6 luxurious cabins.

NOTABLE FEATURES: ~ Infinity pool ~ Owner's suite with balcony ~ Ideal for hosting special events ~ Unique design ~ Stabilisers for comfortable cruising ~ Low fuel consumption ~ Low noise & vibration levels ~ Touch & go helipad ~ Beauty salon ~ Elevator

The interior features unique decor, with excellent artworks, marble, laquered surfaces, expensive fabrics and amazing furnishing. The magnificient atmosphere is present at all times, while a professional crew of 11 takes care of all daily duties.

The bridge deck is the centre of entertainment onboard, offering 80 sqm of space for sunbathing, alfresco dining and evening entertainment. The yacht is qeuipped with state-of-art entertainment system, so the guests can listen to favourite tunes, watch movies and dance the night away. Indoors, there is a massive cinema room with a 103-inch Plasma TV.

On the sundeck is the intimate sunning and Jacuzzi area. For those who love to stay active, there is a fully qeuipped gymnazium with ming-blowing panoramic views, thanks to the oversized windows.

Foredeck of the yacht is the touch and go helipad, which makes it possible for the guests to arrive in style and explore some remote destinations.

The main deck aft hosts impressive sloping staircases on both sides of the vessel.

OKTO Specifications

Video of motor yacht okto.

Made of steel and aluminium, the ISA 66M Granturismo superyacht OKTO (Project H) is powered by twin Caterpillar diesel, reaching a top speed of 18 knots and a cruising speed of 16 knots. She is Lloyds registered.

Yacht Accommodation

A total number of 12 guests are offered utmost in luxury aboard ISA four-deck mega yacht OKTO. There are 6 beautifully appointed cabins, including a large master stateroom, as well as 5 lovely guest cabins.

Amenities and Extras

Tenders & Toys: • Dariel 7.5m (24’6 “) Jet Drive – Guest Tender with Yanmar diesel 6LP, 315 hp • Dariel 5.5m (18’0 “) Jet Drive – Crew Tender with Yanmar diesel 4JH, 125 hp • Lancer 390P (13’0″)15 hp Outboard – Rescue Tender 1x ZR Hoverboard 1x ZR Flyboard 1 x JETSKI - Sea Doo RXT-X 300 (300hp - 3 person) 1x JETSKI - Sea-Doo Performance GTR 215HP (3x person) 2x Sea-Bob F5 2x Jetsurf boards 1x Savage Wakeskate 1x Fade Wakesurfer 1x Proton Kneeboard 1x Byerly Assault wake board 1x District wake board and bindings 1x Kids water skis 1x Monoski and bindings 1x X caliber 67 combo water skis Jobe Inflatable towable line BANANA - 5 person Docking Station (Jet Ski) Rebound 16 (Trampoline) Aquaglide Jungle Jim Aquaglide Runway 10 Jobe 4 Man Watersled 1x Connelly 2 Man Inflatable 1x Connelly 3 man Inflatable 2x 1 man inflatable (Donuts) 2x All Around Air Inflatable SUP 2x Yakk Air HP2 Inflatable Kayak Audio Visual Equipment and Deck Facilities: Cinema room & Sky Lounge - 103" Panasonic 3D Plasma TV - Bower & Wilkins (B&W) sound system with iPad control (Crestron) - Popcorn machine in cinema!! Main Salon - 55" Panasonic 3D LED TV - iPad control Owner's Cabin & VIP Cabin - 55" Panasonic 3D LED TV - B&W sound system with iPad control Guest Cabins - 42" Panasonic LED TV - iPad control All areas access to Kaleidoscope, Apple TV A 3000 watt Bower and Wilkins sound system, teamed with a 103" Panasonic plasma screen, make this the ideal room for viewing movies. Communications: Sat Com - FB 500 and V-at 66 SSB VHF Internal telephone and intercom system Gym equipment: • Technogym Kinetic • Weight bench with kettle bells • Life Fitness F3 Treadmill Notes: • SWIMMING POOL, 6 m (20′) x 4 m (13') salt or/ fresh water, heated or cooled with contra flow current. • GUEST ELEVATOR from lower deck to bridge deck • OWNER’s BALCONY, one button operation (no crew necessary). • 2.3m (7’6”) headroom throughout • FOUR TENDER GARAGES

OKTO Disclaimer:

The luxury yacht OKTO displayed on this page is merely informational and she is not necessarily available for yacht charter or for sale, nor is she represented or marketed in anyway by CharterWorld. This web page and the superyacht information contained herein is not contractual. All yacht specifications and informations are displayed in good faith but CharterWorld does not warrant or assume any legal liability or responsibility for the current accuracy, completeness, validity, or usefulness of any superyacht information and/or images displayed. All boat information is subject to change without prior notice and may not be current.

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ISA represents excellence in quality, materials, finishes, technology and design. We build luxury megayachts with a maximum level of customization and the distinctive influence of “made in Italy. We are 'artisans of luxury.'" - International Shipyard Ancona (ISA)

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Stealth Mode Activated

Measuring 66.4m and wearing a striking dark hull that catches the eye of admirers wherever she cruises, Okto is an Andrea Vallicelli-designed motor yacht that is as sharp and distinctive as she is cosy. The contemporary Alberto Pinto interior is a polished work of monochromatic genius, reflecting natural light across mirrored surfaces. Built for serious cruising with exceptional noise and vibration proofing and economical fuel consumption, Okto’s vast deck spaces bring relaxation, edged with a respectable top speed of 18 knots.

CHARTER LOCATION

Winter: Caribbean, Bahamas

Summer: Mediterranean, West Mediterranean

Okto Through the Lens

Making a Splash

Flex your muscles in Okto’s 6m infinity-edged contraflow current swimming pool on the main deck aft. Surrounded by sun loungers, it ignites a Nikki Beach-vibe aboard the yacht while connecting the main salon to the outdoors via floor-to-ceiling glass doors that fully retract to create a large sea terrace. On the circular sun deck, an elevated on-deck Jacuzzi keeps the bikini lifestyle alive, even once the sun has gone down.

Going Up in the World

Bringing convenience and comfort to the fore, no four-decked yacht would be complete without the ease of an elevator. Serving the lower guest areas to the bridge deck, Okto’s lift raises the accessibility bar on board, as well as assisting weary guests and providing that all-important seamless transition from deck to bed after a long day on the water.

Desert Island Discs

Okto’s beach club game is strong, but when at anchor the addition of a full beach set up on the sand is thrilling. Including gazebos, beach chairs and tables, lazy boy inflatable seats, an entire beach barbecue set up, umbrellas for shade, beach games for the kids and tiki lamps for style, it’s a world unto itself.

Accommodation

Sweet Dreams

Cabin arrangement.

Full-Beam Main Deck Owner’s Suite

With king-sized bed, private lobby, his and hers bathrooms, walk-in dressing area and drop-down private balcony.

VIP & Doubles 1, 2, 3

Each with queen-sized bed, ensuites and views to the outdoors

Lower Deck Single

With single bed, ensuite and views to the outdoors.

Lifestyle Enhancers

Life aboard Okto is desirable in every way. A circular cinema room on the upper deck brings the silver screen to the high seas, ideal for cosying up together after a long day on the water. For the active, perched on the top spot alongside the Jacuzzi is an indoor gym with views all around. It’s one of the grandest spaces to work up a sweat aboard any superyacht.

Tune In, Drop In

What's in the Toybox

Tenders Flyboard Wakeboards Stand Up Paddle Boards Floating Trampoline Jet Skis Hoverboard Water Skis Monoski Towable Toys Seabobs Knee Board Inflatable Toys Kayaks Inflatable Toys

Please note that the tenders and toys on board the yachts are regularly updated. Please contact Y.CO for the most up to date list.

Play Central

Okto is a yacht for doers, made evident by the large array of watertoys for active charter clients. Three tenders are accompanied by jet skis, seabobs, wakeskates, kneeboards, eFoils, electric sufboards and wakeboards. The collection of inflatables takes in paddle boards, kayaks, banana rides, trampolines and docking stations. There’s even an Aquaglide Jungle Jim and Runway 10 for the ultimate assault course, and a three-person inflatable couch to crash out on.

Performance

Life Made Easy

Electric Avenue

Built by Italian shipyard ISA Yachts in 2014 and enjoying a new paint job in 2022, Okto can accommodate up to 11 guests in six luxurious cabins, with room for a further 17 crew. Push button electrics enhance special features throughout the boat, such as the drop-down balcony in the master suite, which also enjoys an ‘air curtain’ to prevent insects entering or air con leaving.

Charter Okto in the Caribbean & Bahamas

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Fishing and exploring the Bahamian Outer Islands

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Hawksbill Cay to Crooked Island. Party on a private island. Snorkel amongst Kaleidoscopic corals. Play with sharks. Swim with Pigs. Expect the unexpected.

Beaches. Rainforests. Volcanoes.

Antigua to Saint Martin. Cruise the Leeward Islands and experience adventures including rainforest trails, volcano hikes and zip lines.

Deserted Beaches. Jungle-Wreathed Mountains.

Deshaies to Le Gosier. An evocative blend of lush natural beauty and rich Creole and French culture make Guadeloupe a magical place to explore.

A Caribbean Adventure

Baie Longue to Colombier Beach. St Barths and St Martin offers unspoilt beaches and underwater treasure troves.

Charter Okto in the Med

Italia Deliziosa

Naples to Palermo. Travel around Italy’s top two culinary coastlines, in the company of food guides, Michelin stars and your own personal chef.

In The Shadow Of Volcanoes

Palermo to Catania. Cruise between Sicily’s two historic capitals. Hopping between the Aeolian Islands en route to black sand beaches, seismic fireworks and volcanic Jacuzzi baths.

Turkey Blue Coast Adventure

Gocek to Bodrum. Why swim from your beach club when you can cliff dive instead? Jump from a rope swing. Fall off a jetski. Or leap head-first down an inflatable slide.

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Skopolos to Koupanaries Beach. Cruise through Greece’s wildest archipelago. Private island picnics, seabob safaris and hundreds of deserted beaches.

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Venice to Porto Montenegro. In the Adriatic, culture is alive, it’s history in the making. Cruise through three nations and a dozen empires.

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Antibes to Menton. Y.CO sails far from the madding crowds with a seven-day sojourn through the secret South of France.

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NOT FOR CHARTER *

This Yacht is not for Charter*

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OKTO yacht NOT for charter*

31.04m  /  101'10 | azimut | 2012.

Owner & Guests

• Previous Yacht

Special Features:

• RINA (Registro Italiano Navale) classification
• Interior design from Galeazzi Design
• Cruising speed of 22 knots
• Sleeps 8 overnight
• Able to access shallow bays and coves

The 31.04m/101'10" motor yacht 'Okto' (ex. Toca Do Lobo) was built by Azimut in Italy. Her interior is styled by Italian designer design house Galeazzi Design and she was completed in 2012. This luxury vessel's exterior design is the work of Stefano Righini.

Guest Accommodation

Okto has been designed to comfortably accommodate up to 8 guests in 4 suites. She is also capable of carrying up to 5 crew onboard to ensure a relaxed luxury yacht experience.

Range & Performance

Built with a GRP hull and GRP superstructure, with teak decks, she has impressive speed and great efficiency thanks to her planing hull. Powered by twin diesel MTU (16V 2000 M84) 2,200hp engines, she comfortably cruises at 22 knots, reaches a maximum speed of 26 knots. Her low draft of 1.54m/5'1" makes her primed for accessing shallow areas and cruising close to the shorelines. Her water tanks store around 2,000 Litres of fresh water. She was built to RINA (Registro Italiano Navale) classification society rules.

*Charter Okto Motor Yacht

Motor yacht Okto is currently not believed to be available for private Charter. To view similar yachts for charter , or contact your Yacht Charter Broker for information about renting a luxury charter yacht.

Okto Yacht Owner, Captain or marketing company

'Yacht Charter Fleet' is a free information service, if your yacht is available for charter please contact us with details and photos and we will update our records.

NOTE to U.S. Customs & Border Protection

Specification

M/Y Okto

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The owners suite aboard the 400-foot-long Kismet that charters for $3 million per week is opulent

In fact, the master suite spans two decks and features a large skylight and fireplace, and his and hers bathrooms and dressing rooms. The private hot tub and sunbathing area forward and the private staircase leading up to a spectacular office simply must be seen to be believed.

The interior for the 400-foot-long Kismet that charters for $3 million per week is massive

The guest cabins also offer an oasis of comfort and serenity with the flexibility to accommodate varying preferences. Meanwhile, the yacht’s wellness and beauty areas include a Balinese-inspired spa with hammam, sauna, and cryotherapy chamber to a dedicated gym and yoga studio with a juice bar, both with opening sea terraces. In addition, there is a further treatment room with a massage table, waterfall shower and chromotherapy bathtub. For red carpet ready evenings, the yacht has two hair and beauty rooms, one in the spa area and another in the owner’s suite.

The outdoor cinema aboard the 400-foot-long Kismet that charters for $3 million per week

Entertainment areas include a large outdoor cinema on the bridge deck and a Nemo cinema on the lower deck with a 150-inch drop-down TV and underwater viewing lounge. Of course there’s also a DJ station overhanging the bridge deck aft, a Boganyi grand piano on the upper deck and four bars, including a champagne bar and wine cellar room.

As you’d expect, the yacht also boasts a full suite of water sports toys including: Jet Skis, SeaBobs, e-foils, Flitescooters, an Aquaglide floating deck and inflatable slide, dive gear and oh, by-the-way, there’s a basketball and pickleball court forward of the master cabin on the foredeck.

Sounds amazing, right? It is. And all of that over-the-top luxury can be yours for approximately $3,000,000 per week via Cecil Wright . And I bet KISMET ’s summer season is close to be fully booked already!

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Insiders still have no idea what's going to happen to Russian oligarchs' seized superyachts

• It's been two years since Russia invaded Ukraine, leading to sanctions against Russian oligarchs.
• Many of their superyachts were seized or frozen , leading industry insiders to question their fate.
• The yachts, some of which are worth hundreds of millions of dollars, remain in a state of limbo.

More than two years after Russia invaded Ukraine, the boating world still doesn't have many answers about what's going on with the very large, expensive elephants in the sea: oligarchs' superyachts .

The war prompted many governments to enact sanctions against Russia's richest , including seizing their superyachts worth hundreds of millions of dollars. But it's unclear whether they can be sold or who'd buy them, leaving ports peppered with massive boats stuck in a floating limbo.

"The Russian problem, it's becoming a bigger and bigger and bigger problem," one luxury yacht broker told Business Insider at the Palm Beach International Boat Show last week. Like many others, he requested not to be named, given the sensitive nature of the matter at hand and the generally discreet nature of the industry.

Russia has been a massive player in the massive boat market for a long time. In August 2021 — about six months before Russia's Ukraine invasion — Russians owned the second-largest share of yachts over 40 meters in length, according to a report from the industry publication SuperYacht Times.

They were responsible for 16% of new build superyacht purchases in the decade preceding the report and are known for splashing out on extravagant interiors and unique features. (One builder BI spoke to recalled a mandate from an oligarch for a large safe in the owner's cabin in which he could keep his rifles. The builder later learned he'd use them to skeet shoot on deck.)

But those sales have now screeched to a halt as oligarchs get hit by international sanctions. At least a dozen superyachts — worth well over $1 billion combined — have been affected.

And no one is quite sure what will happen to them.

Russia's sanctioned superyachts are hard to buy and sell

The first problem is that many of the yachts are "frozen" — not seized. That means that although the Russian owners can't operate or collect them, they don't technically belong to an overseas government, so they can't be sold without special permission.

Earlier this month, federal prosecutors petitioned a judge asking for consent to sell the Amadea, 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, but all you can tell them is we don't know the outcome yet" of the case, another superyacht broker told BI at the yacht show.

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And despite the broker's claim of interest in yachts like Amadea , most ultrarich — or at least their brokers — don't want to go near the vessels with a ten-foot pole, even if the government does get legal permission to sell them.

"How does it look if you bought a Russian boat?" Julia Simpson, a broker at Thompson of Monaco, said. "Even if it's completely legal and normal, there are too many things on the line," she said, like how the original owner got their money and whether that could make the new buyer look bad.

There are also possible legal implications, as it's hard for the government to prove who actually owns the yachts.

"Oligarchs typically structure their ownership of these high-value assets through a web of offshore shell companies and trusts that is designed to conceal the true owner," Joshua Naftalis, a former federal prosecutor who now works for Pallas Partners, told BI.

And if the government does assume ownership, it's highly dependent on court orders. For example, a Russian whose yacht had been seized by the French government regained access to his boat after winning a legal battle in 2022.

"It's a very difficult process to buy them," Ralph Dazert, the head of intelligence at SuperYacht Times, told BI. "There is a high risk of the former (Russian) owner suing you to get the boat back."

He pointed to the Alfa Nero, the 82-meter yacht that Eric Schmidt planned to purchase for $67 million last year in an auction put on by Antigua and Barbuda. He backed out after various parties tried to block the sale, likely deeming it not worth the legal headache.

"When the reason for sanctioning goes away, which it may do," the Russian owners will try to get their boats back , Simpson said. After all, "the government's not going to pay them."'

That said, if sanctions are dropped, the yachts will be worth much less than when they were seized, as a boat not in use deteriorates much faster than one sailing the seas.

"Those yachts need to be used to be kept in shape, kept in condition," the second broker said. "​​Just having them sit at the dock with a temporary crew on board is not good for the boats."

And the sanctioned Russians who have managed to maintain control of their superyachts won't have an easy time offloading them in the future.

Americans who try to do business with sanctioned oligarchs would have a number of hoops to jump through — like finding a bank to process the purchase, which would be next to impossible. If somehow they did and the government caught wind, they'd face hefty penalties and the transaction would be void.

So Russia's richest have found themselves "stuck" sailing in a select few countries that will let them, like the Maldives, Montenegro, and Dubai.

Watch: Video of Russian naval ship explosion shows a much-needed win for Ukraine

• Main content

Rosatom Starts Production of Rare-Earth Magnets for Wind Power Generation

TVEL Fuel Company of Rosatom has started gradual localization of rare-earth magnets manufacturing for wind power plants generators. The first sets of magnets have been manufactured and shipped to the customer.

In total, the contract between Elemash Magnit LLC (an enterprise of TVEL Fuel Company of Rosatom in Elektrostal, Moscow region) and Red Wind B.V. (a joint venture of NovaWind JSC and the Dutch company Lagerwey) foresees manufacturing and supply over 200 sets of magnets. One set is designed to produce one power generator.

“The project includes gradual localization of magnets manufacturing in Russia, decreasing dependence on imports. We consider production of magnets as a promising sector for TVEL’s metallurgical business development. In this regard, our company does have the relevant research and technological expertise for creation of Russia’s first large-scale full cycle production of permanent rare-earth magnets,” commented Natalia Nikipelova, President of TVEL JSC.

“NovaWind, as the nuclear industry integrator for wind power projects, not only made-up an efficient supply chain, but also contributed to the development of inter-divisional cooperation and new expertise of Rosatom enterprises. TVEL has mastered a unique technology for the production of magnets for wind turbine generators. These technologies will be undoubtedly in demand in other areas as well,” noted Alexander Korchagin, Director General of NovaWind JSC.

For reference:

TVEL Fuel Company of Rosatom incorporates enterprises for the fabrication of nuclear fuel, conversion and enrichment of uranium, production of gas centrifuges, as well as research and design organizations. It is the only supplier of nuclear fuel for Russian nuclear power plants. TVEL Fuel Company of Rosatom provides nuclear fuel for 73 power reactors in 13 countries worldwide, research reactors in eight countries, as well as transport reactors of the Russian nuclear fleet. Every sixth power reactor in the world operates on fuel manufactured by TVEL. www.tvel.ru

NovaWind JSC is a division of Rosatom; its primary objective is to consolidate the State Corporation's efforts in advanced segments and technological platforms of the electric power sector. The company was founded in 2017. NovaWind consolidates all of the Rosatom’s wind energy assets – from design and construction to power engineering and operation of wind farms.

Overall, by 2023, enterprises operating under the management of NovaWind JSC, will install 1 GW of wind farms. http://novawind.ru

Elemash Magnit LLC is a subsidiary of Kovrov Mechanical Plant (an enterprise of the TVEL Fuel Company of Rosatom) and its main supplier of magnets for production of gas centrifuges. The company also produces magnets for other industries, in particular, for the automotive

industry. The production facilities of Elemash Magnit LLC are located in the city of Elektrostal, Moscow Region, at the site of Elemash Machine-Building Plant (a nuclear fuel fabrication facility of TVEL Fuel Company).

Rosatom is a global actor on the world’s nuclear technology market. Its leading edge stems from a number of competitive strengths, one of which is assets and competences at hand in all nuclear segments. Rosatom incorporates companies from all stages of the technological chain, such as uranium mining and enrichment, nuclear fuel fabrication, equipment manufacture and engineering, operation of nuclear power plants, and management of spent nuclear fuel and nuclear waste. Nowadays, Rosatom brings together about 350 enterprises and organizations with the workforce above 250 K. https://rosatom.ru/en/

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Russian Company OOO "AVANGARD"

Brief profile.

active Commercial

Facts to Consider

The staff increased significantly (from 1 to 8 people in 2022).

A significant amount of the taxes paid (71.4 mln. RUB.).

show 2 more positive facts

Complete Profile

• 1. General Information
• 2. Registration in the Russian Federation
• 3. Company's Activities
• 4. Legal Address
• 5. Owners, Founders of the Entity
• 6. OOO "AVANGARD" CEO
• 7. Entities Founded by Company
• 8. Number of Employees
• 9. Company Finance
• 10. Timeline of key events
• 11. Latest Changes in the Unified State Register of Legal Entities (USRLE)

General Information

Full name of the organization: OBSHCHESTVO S OGRANICHENNOI OTVETSTVENNOSTIU "AVANGARD"

TIN: 5053058250

KPP: 505301001

PSRN: 1195081005767

Location: 144006, Moscow Oblast, Elektrostal, pr-kt Lenina, 010, pomeshch. 29

Line of business: Renting and operating of own or leased real estate (OKVED code 68.20)

Organization status: Commercial, active

Form of incorporation: Limited liability companies (code 12300 according to OKOPF)

Registration in the Russian Federation

The organization OBSHCHESTVO S OGRANICHENNOI OTVETSTVENNOSTIU "AVANGARD" was registered in the Unified State Register of Legal Entities 5 years 1 month ago 13 February 2019.

The average age of legal entities for the type of activity 68.20 "Renting and operating of own or leased real estate" is 15 years. This organization is younger.

The tax authority where the legal entity is registered: Mezhraionnaia inspektsiia Federalnoi nalogovoi sluzhby №6 po Moskovskoi oblasti (inspection code – 5031). The tax authority before 08/23/2021 – Inspektsiia Federalnoi nalogovoi sluzhby po g. Elektrostali Moskovskoi oblasti (code 5053).

Registration with the Pension Fund: registration number 060055027032 dated 18 February 2019.

Registration with the Social Insurance Fund: registration number 501900821550191 dated 18 February 2019.

Company's Activities

The main activity of the organization is Renting and operating of own or leased real estate (OKVED code 68.20).

Additionally, the organization listed the following activities:

The organization has 1 registered trademark 726966 .

Legal Address

OOO "AVANGARD" is registered at 144006, Moscow Oblast, Elektrostal, pr-kt Lenina, 010, pomeshch. 29. ( show on a map )

No other organizations are listed at the current registered address.

Owners, Founders of the Entity

The founders of OOO "AVANGARD" are

OOO "AVANGARD" CEO

The head of the organization (a person who has the right to act on behalf of a legal entity without a power of attorney) since 21 April 2022 is [Access to the information is restricted] ** .

Entities Founded by Company

OOO "AVANGARD" is not listed as a founder in any Russian legal entities.

Number of Employees

Company finance.

The Authorized capital of OOO "AVANGARD" is 519 million RUB. This is significantly higher than the minimum authorized capital established by law for LTD (10 thousand RUB).

Until 12/14/2021 the authorized capital was 1 million RUB.

In 2023, the organization received the revenue of 350 million RUB, which is 12.3 million RUB, or by 3.6 %, more than a year ago.

As of December 31, 2023, the organization's total assets were 3 billion RUB This is 43.5 million RUB (by 1.5 %) more than a year earlier.

The net assets of OOO "AVANGARD" as of 12/31/2023 totaled 2.5 billion RUB.

The OOO "AVANGARD"’s operation in 2023 resulted in the profit of 55 million RUB. Over the year, the organization's financial result has changed insignificantly.

The organization is not subject to special taxation regimes (operates under a common regime).

Information about the taxes and fees paid by the organization for 2022

The organization had no tax arrears as of 02/10/2024.

Timeline of key events

• Head of the organization – [Access to the information is restricted] ** .
• Information about the founder was entered – [Access to the information is restricted] ** .

Latest Changes in the Unified State Register of Legal Entities (USRLE)

• 04/21/2022 . Change of information about a legal entity contained in the Unified State Register of Legal Entities.
• 12/14/2021 . State registration of changes made to the constituent documents of a legal entity related to changes in information about a legal entity contained in the Unified State Register of Legal Entities, based on an application.
• 08/23/2021 . Entering information about accounting with the tax authority.
• 01/27/2021 . Change of information about a legal entity contained in the Unified State Register of Legal Entities.
• 11/18/2019 . Change of information about a legal entity contained in the Unified State Register of Legal Entities.
• 02/20/2019 . Entering information about registration in the FSS RF.
• 02/13/2019 . Entering information about accounting with the tax authority.

** Access to the information is restricted in accordance with the requirements of the Federal Law No. 129-FZ of August 8, 2001 "On State Registration of Legal Entities and Individual Entrepreneurs"

The data presented on this page have been obtained from official sources: the Unified State Register of Legal Entities (USRLE), the State Information Resource for Financial Statements, the website of the Federal Tax Service (FTS), the Ministry of Finance and the Federal State Statistics Service.

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