melnichenko superyacht

Italy seizes Russian billionaire Melnichenko's Sailing Yacht A

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Italian authorities seize one of world’s largest superyachts from oligarch

Sailing Yacht A, owned by Russian businessman Andrey Melnichenko, seized in Trieste on Friday evening

• Russia-Ukraine war – latest news

Italian authorities have seized a €530m (£444m) superyacht owned by Russian businessman Andrey Melnichenko as part of EU sanctions following Vladimir Putin’s invasion of Ukraine .

Sy A – short for Sailing Yacht A – was seized on Friday evening in the port of Trieste after being identified by Italian police as belonging to the billionaire owner of EuroChem Group, a major fertiliser producer, and the coal company SUEK.

Video footage reportedly showed police cars with flashing lights approaching the yacht, said to be one of the largest in the world, and boarding it.

EuroChem and SUEK said in statements on Thursday that Melnichenko had resigned as a member of the board in both companies and withdrawn as their beneficiary, effective on Wednesday.

It comes as Roman Abramovich’s superyacht Solaris was pictured arriving in Tivat, Montenegro, on Saturday. The vessel left a port in Barcelona earlier this week as the UK government imposed sanctions on the Russian billionaire owner of Chelsea Football Club.

On Thursday, it was tracked off the coast of Sicily after reportedly undergoing repairs earlier in the week in Barcelona, one of a number of apparently hurried sailings of Russian billionaires moving their superyachts to avoid seizure. His other yacht, the more luxurious Eclipse, was on Thursday located to the west of the Canary Islands.

A European Council decision authorising the sanctions against Melnichenko says he was one of 37 business leaders who met with the Russian president after the invasion of Ukraine to talk about the potential economic impact of EU and US sanctions.

Melnichenko, the document states, “belongs to the most influential circle of Russian businesspeople with close connections to the Russian government”.

It adds: “He is therefore involved in economic sectors providing a substantial source of revenue to the government of the Russian Federation, which is responsible for the annexation of Crimea and the destabilisation of Ukraine.”

A spokesperson for Melnichenko, Alex Andreev, said the businessman had “no relation to the tragic events in Ukraine. He has no political affiliations”.

“There is no justification whatsoever for placing him on the EU sanctions list,” Andreev said. “We will be disputing these baseless and unjustified sanctions, and believe that the rule of law and common sense will prevail.”

Italian authorities have separately seized €143m worth of luxury yachts and villas owned by Russian billionaires in luxury destinations including Lake Como, Sardinia and the Ligurian coast.

Nobiskrug, the manufacturer of Sailing Yacht A, describes the three-mast vessel on its website as “one of the world’s largest and most advanced superyachts” and the “ultimate embodiment of German superyachts built for the 22nd century”. It is almost 143 metres long, the mainmast is 100 metres above the waterline, and the yacht has a gross tonnage of about 12,600.

Other yachts seized by Italian police include Lady M, owned by Alexei Mordashov who, before being blacklisted this week by the EU, was the richest man in Russia. A yacht owned by Gennady Timchenko, another billionaire with close ties to Putin, was also seized.

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International Edition

Ukraine war: £443m superyacht owned by oligarch Andrey Melnichenko seized in Italy as part of sanctions

The vessel, the biggest sailing yacht in the world, is owned by billionaire Andrey Melnichenko, who made a fortune in fertiliser production and coal.

News reporter

Sunday 13 March 2022 01:14, UK

A Russian-owned superyacht valued at £443m has been confiscated by Italian police in the port of Trieste as part of a global crackdown on wealthy oligarchs.

The Sy A yacht is owned by billionaire Andrey Melnichenko, 50, who made a fortune in fertiliser production and coal.

The vessel was seized on Friday evening.

Designed by Philippe Starck and built by Nobiskrug in Germany, the vessel is the world's biggest sailing yacht at 143m in length.

Read more: Russia says Western arms shipments now 'legitimate military targets' - follow latest updates on Ukraine war

Footage shows police cars approaching the triple-masted yacht and officers boarding it.

Italian authorities last week seized £120m in luxury yachts and villas belonging to Russian billionaires in picturesque retreats such as Sardinia, the Ligurian coast and Lake Como as part of sanctions against oligarchs linked to Vladimir Putin.

A statement from the Official Journal of the European Union described Melnichenko as belonging to the "most influential circle of Russian businesspeople with close connections to the Russian Government".

It added: "On 24 February 2022, in the aftermath of the initial stages of Russian aggression against Ukraine, Andrey Igorevich Melnichenko, along with other 36 businesspeople, met with President Vladimir Putin and other members of the Russian government to discuss the impact of the course of action in the wake of Western sanctions.

"The fact that he was invited to attend this meeting shows that he is a member of the closest circle of Vladimir Putin and that he is supporting or implementing actions or policies which undermine or threaten the territorial integrity, sovereignty and independence of Ukraine, as well as stability and security in Ukraine."

A spokesperson for Melnichenko said the businessman had "no relation to the tragic events in Ukraine and has no political affiliations".

"There is no justification whatsoever for placing him on the EU sanctions list.

"We will be disputing these baseless and unjustified sanctions, and believe that the rule of law and common sense will prevail."

A number of oligarchs have sought to move their superyachts to safe locations to avoid confiscation.

Roman Abramovich's superyacht Solaris has been spotted in the small Adriatic Sea state of Montenegro.

The 533ft Solaris was seen on Saturday outside the Porto Montenegro marina in the coastal town of Tivat after arriving from Barcelona.

There was no immediate comment from the Montenegrin authorities on the arrival of the £460m vessel.

The NATO country has joined Western sanctions imposed on Russia for its invasion of Ukraine.

It comes after Abramovich was sanctioned by the UK government .

The Chelsea Football Club owner is one of seven more Russian oligarchs who have had sanctions placed on them by ministers in response to Russia's invasion of Ukraine.

A government document announcing the move said that Abramovich has had a "close relationship for decades" with Putin.

The UK is the first nation to sanction Abramovich, who has been described by the government as a "pro-Kremlin oligarch".

The government has now sanctioned more than 200 individuals and entities.

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Italian Police Freeze Russian Billionaire Andrey Melnichenko’s Sailing Yacht A

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Andrey Melnichenko's Sailing Yacht A.

Italy’s financial police boarded and froze a yacht owned by sanctioned Russian billionaire Andrey Melnichenko in the northeastern port of Trieste on Saturday, according to a tweet posted on Saturday by Ferdinando Giugliano, the media advisor to Italian Prime Minister Mario Draghi.

The 469-foot Sailing Yacht A, registered in the Isle of Man and owned via Bermuda-based Valla Yachts Ltd, is the world’s largest sail-assisted yacht. The Italian government estimates its value at around $578 million. Built in 2017 by German shipyard Nobiskrug, the yacht has a spa, elevator, gym and an underwater observation pod beneath its three masts, including 10 cabins with space for up to 20 guests. Manned by a crew of 54 people, the shipmaker that built it calls it “a masterpiece in every detail" and "one-of-a-kind."

Sailing Yacht A had been in Trieste for a month, according to yacht valuation experts VesselsValue. It’s the third yacht owned by a sanctioned Russian billionaire that’s been frozen by Italian authorities in recent weeks. On March 4, Italian police froze the Lady M yacht—owned by steel magnate Alexey Mordashov —in the port of Imperia, as well as oil & gas mogul Gennady Timchenko ’s Lena yacht in nearby Sanremo. According to the Italian government, the combined value of the three frozen yachts is $704 million; VesselsValue did not provide a value for Sailing Yacht A, but valued Lady M and Lena at a combined $35 million.

It’s also not the first time that Melnichenko’s yacht has run into trouble. Authorities in the British overseas territory of Gibraltar reportedly impounded Sailing Yacht A in February 2017, one month after its completion, as a result of a lawsuit between its shipbuilder, Nobiskrug, and Valla Yachts, the Bermuda-based firm that owns the yacht on Melnichenko's behalf. The lawsuit, which centered on claims by subcontractors that they were due some $17 million in additional payments, continued until 2019 after an appeal .

At the time, a spokesperson for Melnichenko told the BBC that the impounding was "a technical problem" and that he was "confident that the yacht will be handed over to the owner's project team in the coming days and this unfortunate episode will be over." A representative for Nobiskrug did not immediately respond to a request for comment.

Melnichenko, a wealthy industrialist who owned majority stakes in fertilizer producer Eurochem and coal energy firm SUEK, was sanctioned by the EU on March 9 . The same day, he stepped down from his positions at both Eurochem and SUEK and withdrew as the beneficiary at both firms, according to his spokesperson.

“Andrey Melnichenko is an international self-made businessman, entrepreneur and investor in children's education,” his spokesperson said in a statement addressing the sanctions. “He has no relation to the tragic events in Ukraine. He has no political affiliations.”

Referring to a meeting with Vladimir Putin on February 24 that was cited as a reason for imposing sanctions on Melnichenko, he added: “To draw a parallel between attending a meeting through membership in a business council, just as dozens of businesspeople from both Russia and Europe have done in the past, and undermining or threatening a country is absurd and nonsensical. There is no justification whatsoever for placing him on the EU sanctions list.”

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Italian Police Seize Russian Oligarch Andrey Melnichenko’s 468-Foot ‘Sailing Yacht A’

The list keeps growing with the impoundment of "sailing yacht a" and suspicion that "scheherazade" might be connected to vladimir putin., michael verdon, michael verdon's most recent stories.

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Italy’s finance police seized one of the world’s most iconic sailing yachts, owned by a Russian oligarch. Andrey Melnichenko’s Sailing Yacht A , with an estimated value of $578 million, was impounded in dry dock at the Port of Trieste, according to a statement from the Guardia di Finanzia. Melninchenko was sanctioned by the European Union on March 9 as part of a group of Russian oligarchs who met with Russian President Vladimir Putin following its Ukraine invasion to discuss the potential economic impact of EU and American sanctions.

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Melnichenko owns the major fertilizer producer EuroChem Group and SUEK, a coal company. He also owns the 390-foot Motor Yacht A. A spokesperson said in a statement that Melnichenko has nothing to do with politics and that he has removed himself from the board of Eurochem and SUEK after the EU sanctioned him. “He has no relation to the tragic events in Ukraine. He has no political affiliations,” said the statement.

US intelligence officials have also said they are trying to link the Scheherazade , a $700 million superyacht in dry dock in Italy, to Putin. The New York Times reported that the US government has made no definite conclusions about the yacht’s ownership, but believe it could be owned by the Russian president. The yacht’s captain, Guy Bennett-Pearce, told the Times that Putin had no stake in the yacht, but declined to name the owner. Bennett-Pearce said he would provide Italian police with documents that divulged the owner’s name. The Italian Sea Group, which owns the shipyard where Scheherazade is dry docked, said that, based on “checks carried out by relevant authorities,” the yacht is “not attributable to the property of Russian President Vladimir Putin.”

Roman Abramovich, who owns Solaris. last week was placed on the UK sanctions list.  Courtesy of Lloyd Werft

Chelsea FC owner Roman Abramovich was also added to the UK sanctions list days after he announced the sale of the football club. Abramovich, who owns a string of supercars and several private jets, also owns the superyachts Solaris and Eclipse. Solaris is reportedly sailing towards Israel, where Abramovich has dual citizenship.

On March 3, France’s finance ministry said that it had impounded Amore Vero , a yacht owned by Igor Sechin, CEO of Russian oil giant Rosneft. The EU had sanctioned Sechin earlier that week, calling him one of Putin’s “most trusted and closest advisors, as well as his personal friend.” German authorities also detained the 512-foot superyacht Dilbar in Hamburg, owned by Alisher Usmanov. Reports said the crew was fired last week. On March 5, Italian authorities impounded two yachts, Lena and Lady M , owned by Gennady Timchenko and Alexei Mordashov, respectively.

On Friday, the US State Department placed Viktor Vekselberg on its sanctions list. Two of Vekeselberg’s luxury assets, an Airbus A319-115 jet and his yacht Tango , were identified as “blocked property.”

The superyacht Scheherazade was impounded in Italy during an investigation to uncover whether it is owned by Russian President Vladimir Putin.  Video Still/YT

The seizures have prompted the superyacht industry to distance itself from the oligarchs. Italian yacht builders Sanlorenzo and Azimut both released statements that they have limited exposure to Russian clients, and none are on the sanctions list. Heesen Yachts released a statement that two Russians sitting on its supervisory board of directors have resigned their positions. The builder said Heesen is 100-percent Dutch-owned company and that Pavel Sukhoruchkin and Pavel Novoselov had nothing to do with its day-to-day operations.

Ownership of many Russian yachts is often hidden by shell companies in tax havens like the Cayman Islands. They are not only hard to trace, but actually seizing and selling them could present a legal quagmire that could take years to resolve.

Some are wondering whether seizing the oligarchs’ private yachts and jets will work. “Sanctions are another example of the West doing what it does best, which is just throwing a lot of cash at the problem and hoping it gets solved,” Olga Chyzh, a professor of political science at the University of Toronto, told the Washington Post. “However sad they are to let go of their Western assets, oligarchs have even more to lose if Putin is no longer there to protect them.”

Eclipse is another yacht owned by Roman Abramovich.  Robb Report File

In the meantime, some oligarchs are taking their yachts to destinations like the Maldives , the Seychelles and Dubai, which have no extradition treaties with the US and EU. Dubai has become a favorite destination for Russian tourism and wealth.

Alex Finley, a former CIA officer, has been tracking the yachts from Barcelona. Using the hashtag “Yacht Watch,” she posts updates on Twitter for Russian-owned superyachts.

“For me, the yachts are a big, easily recognizable symbol of the more serious side of this [Russian invasion]: These are people who support a dictator, and have been supporting him in carrying out destabilization operations against democracy, while at the same time coming here and taking all the benefits of the exact same democracies they were destabilizing,” Finley told the Washington Post.

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• International

March 11, 2022 Russia-Ukraine news

By Aditi Sangal , Adrienne Vogt , Meg Wagner , Melissa Macaya, Julia Hollingsworth , Jessie Yeung , Adam Renton, Jeevan Ravindran and Jason Kurtz, CNN

Italy seizes $578 million mega yacht owned by Russian oligarch Andrey Melnichenko

From CNN's Nicola Ruotolo and Paul P. Murphy

Italian authorities seized Russian oligarch Andrey Melnichenko's mega yacht on Friday, according to a statement from Italy's finance police.

The statement said the vessel — called "SY A" — is worth about 530 million euros ($578 million) and was in storage at the northeastern port of Trieste.

It's one of the largest superyachts in the world, according to its manufacturer,  Nobiskrug .

The sanctions: Melnichenko was sanctioned by the European Union on March 9 as part of expanded punitive measures against Russian oligarchs. According to the EU, he owns the major fertilizer producer EuroChem Group and the coal company SUEK.

The EU council decision , which authorized sanctions against Melnichenko, noted he and 36 other business leaders met with Russian President Vladimir Putin after the invasion of Ukraine began to discuss the potential economic impact of EU and US sanctions. 

The EU council decision reads: "The fact that he was invited to attend this meeting shows that he is a member of the closest circle of Vladimir Putin and that he is supporting or implementing actions or policies which undermine or threaten the territorial integrity, sovereignty and independence of Ukraine, as well as stability and security in Ukraine. "It also shows that he is one of the leading businesspersons involved in economic sectors providing a substantial source of revenue to the government of Russia, which is responsible for annexation of Crimea and ​destabilization of Ukraine."

On Saturday, Melnichenko spokesman Alex Andreev told CNN that the Russian oligarch removed himself from the board of both Eurochem and SUEK (companies he founded) after the EU sanctioned him. Andreev also said that Melnichenko was also no longer the “beneficiary” of the companies, in a statement to CNN.

When asked by CNN if Melnichenko had any comment on the situation in Ukraine, Andreev declined to provide additional comment and instead pointed towards his initial emailed statement to CNN.

“Andrey Melnichenko is an international self-made entrepreneur. He has no relation to the tragic events in Ukraine. He has no political affiliations,” Andreev said in that statement. “There is no justification whatsoever for placing him on the EU sanctions list. We will be disputing these baseless and unjustified sanctions, and believe that the rule of law and common sense will prevail.”

Zelensky calls detention of Melitopol mayor a "crime against democracy"

From CNN's Jennifer Hauser

The detention of the mayor of the southeastern Ukrainian city of Melitopol is a "crime against democracy," Ukraine's President Volodymyr Zelensky said Friday in a video posted on Facebook.

Earlier Friday, Melitopol mayor Ivan Fedorov was seen on video being led away from a government building in the city by armed men. A short time later, the Russian-backed Luhansk regional prosecutor claimed Fedorov had committed terrorism offenses and was under investigation. 

Fedorov's detention was "a sign of the weakness of the invaders," Zelensky said.

"They did not find any support on our land, although they counted on it. Because for years they've been lying to themselves that people in Ukraine were supposedly waiting for Russia to come.  "This is Ukraine here. It is Europe here. It is a democratic world here."

Zelensky added that the mayor's detention was "not only against a particular person, not only against a particular community and not only against Ukraine."

Ukraine's Foreign Ministry called the detention of Fedorov a "war crime," saying the Geneva Convention prohibits civilian hostages from being taken.

Damaged power lines to Chernobyl nuclear plant are being repaired, UN watchdog says

From CNN’s Taylor Barnes

Technicians began working on Thursday to repair damaged power lines serving the Chernobyl nuclear power plant, according to the United Nations' nuclear watchdog.

The lines were entirely cut earlier this week, with the last one “destroyed as a result of the occupant’s shelling” on Wednesday, Ukraine's energy minister said.

The International Atomic Energy Agency (IAEA) said diesel generators have been providing backup power to the site since Wednesday, and additional fuel supplies have been delivered to the Russian-controlled facility.

Some context: Russian troops overran the Chernobyl plant — the site of the world's worst nuclear disaster — on the first day of the invasion on Feb. 24, with staff still inside.

Some 211 technical personnel and guards at the site have in effect been living at the facility and in "increasingly difficult conditions" with potentially dwindling food supplies, the IAEA said.

The Ukrainian regulator told the IAEA it lost communication with the plant on Thursday, though it has continued to receive updates about the situation from senior off-site management.

Other nuclear facilities: The agency also gave updates about two other nuclear facilities in Ukraine. The power situation at the Zaporizhzhia nuclear plant is “unchanged,” with two of four power lines damaged, the IAEA said, adding that one power line could provide the plant’s off-site power needs and diesel generators for back-up power are ready and available. 

In Kharkiv, a nuclear facility for research and development and radioisotope production for medical and industrial applications suffered “additional damage” after facing shelling earlier this week.

However, the IAEA said the nuclear material at that site is subcritical and the inventory of radioactive material is low, and the agency assessed the damage would not lead to radiological consequences.

Here's a look back at the 1986 Chernobyl disaster in pictures:

Photos: The Chernobyl disaster

No diplomatic off-ramp in sight for russia's war in ukraine.

From CNN's Kylie Atwood, Jennifer Hansler and Jeremy Herb

With  Russia's war in Ukraine  now in its third week, US and European officials have little optimism that diplomatic channels can deliver a way out of the conflict at this point.

Talks between Ukraine's and Russia's diplomats this week yielded no discernible progress. Supposedly safe  evacuation routes out of the country have repeatedly been contested. The civilian death toll continues to rise, and by the end of the week both sides were trading accusations over the use of chemical weapons .

While Russian President Vladimir Putin said Friday there had been "certain positive advances" in negotiations with Ukraine, US and European officials and diplomats who spoke to CNN all expressed deep skepticism about the state of talks. None felt Putin's actions to date have suggested the Russian leader is ready to find a diplomatic off-ramp to end the war.

Impact of sanctions: The US and its allies have enacted  crippling sanctions on Russia  in response to its invasion of Ukraine, and US President Joe Biden has kept in touch with European leaders as well as  Ukrainian President Volodymyr Zelensky . But US officials have privately acknowledged they don't believe any of these sanctions are going to change Putin's thinking, and many don't believe Russia's losses in Ukraine will either.

The Biden administration is resisting putting its weight behind any single player involved in early efforts to broker a solution to end the Ukraine crisis. US officials say they have yet to see any tangible progress in any channel and continue to view Ukraine and Russia as the only essential players in driving a solution.

"A variety of different countries can try to shape things as they would like, but at the end of the day, this will likely boil down to what President Zelensky is willing to accept and what President Putin is willing to accept," said a senior State Department official.

Read the full story:

No diplomatic off-ramp in sight for Russia's war in Ukraine | CNN Politics

Explosions heard near kyiv as russian troops press closer to ukraine's capital.

CNN teams in Kyiv reported hearing explosions in the early hours of Saturday morning, with chief international correspondent Clarissa Ward describing "a nonstop volley ... of just heavy booms in the distance," continuing for several minutes.

It's not clear whether the explosions were Russian or Ukrainian strikes, she said.

Fighting is continuing on the outskirts of the Ukrainian capital, with the city's administration saying areas to the north remain the most dangerous, including the suburbs of Bucha, Irpin and Hostomel, as well as the district of Vyshorod further north of Kyiv. Fighting has also escalated in Brovary, across the Dnieper River, east of the city.

As Russian forces press in from several directions, "the worry becomes ... that the intention is to fully surround the city, to starve the city, to bombard the city and then ultimately to try to overthrow (Ukrainian President Volodymyr) Zelensky's government," Ward said. 

Kyiv Mayor Vitali Klitschko told CNN the city currently only has resources — including food and medical supplies — for one to two weeks.

CNN's Ward added that "Ukrainian forces are everywhere" in Kyiv. "They have dug up defensive positions along all the main thoroughfares leading into the city, they've put tank traps around. This is a heavily fortified city now. And even if Russian forces are enable to encircle it, it will still be an almighty battle for them to get to the heart of it."

UK Defense Ministry: Russian airstrikes have targeted cities of Lutsk and Ivano-Frankivsk

From CNN's Sharon Braithwaite in London

Russian air and missile forces have conducted strikes against the western Ukrainian cities of Lutsk and Ivano-Frankivsk in the past 24 hours, the UK Ministry of Defence said in its latest intelligence update on Friday.

The ministry added that Russian tactical aircraft supporting ground forces are relying on "unguided 'dumb' munitions," which are "relatively inaccurate and indiscriminate and their use significantly increases the likelihood of civilian casualties."

Biden detailed new measures to punish Russia in a 49-minute phone call with Zelensky

From CNN's Kaitlan Collins

Prior to his address on Friday, US President Joe Biden spent 49 minutes on the phone with Ukrainian President Volodymyr Zelensky, detailing the new measures he was going to announce regarding US trade with Russia, two officials familiar with the call tell CNN. 

While most of Biden and Zelensky's calls since the invasion have hovered in the 30- to 40-minute range, this was one was a bit longer as Biden highlighted how the US was moving to suspend normal trade relations with Russia in another effort to punish the Kremlin.

Zelensky tweeted that he gave Biden an "assessment of the situation on the battlefield, informed about the crimes of Russia against the civilian population" and they agreed on "further steps to support the defense of Ukraine and increase sanctions against Russia."

Independent US agency calls on Biden administration to push for Russia's expulsion from Interpol

From CNN's Priscilla Alvarez

An independent US government agency is calling on the Biden administration to push for Russia to be permanently expelled from Interpol — a step further than the suspension the administration has already sought — citing the invasion of Ukraine and previous abuses by Russia, according to a letter obtained by CNN.

Earlier this week, Attorney General Merrick Garland joined justice ministers from several allied countries to demand that Interpol immediately suspend Russia from accessing its systems, according to Justice Department spokesperson Anthony Coley.  

Interpol, the International Criminal Police Organization, is a global agency which facilitates police across its 195 member countries to collaborate on criminal investigations. Interpol issues what are known as Red Notices to request the location and arrest of an individual pending their extradition.

Friday’s letter from the Commission on Security and Cooperation in Europe commended the steps the US has taken so far, but added that the administration should call for the permanent suspension of Russia.

“We urge you to use the U.S. position in Interpol (and in particular Interpol's Executive Committee and its Advisory Group on Financial Matters) to make it clear that any failure to act against Russia's abuse of lnterpol will have grave consequences for the U.S. contribution to Interpol's budget and Interpol's legal immunities in the United States,” the letter, directed to Garland and Secretary of State Antony Blinken, reads.

The commission — also known as the US Helsinki Commission — was created by Congress in 1976   with a focus on human rights, military security, and economic cooperation. It is led by Sen. Ben Cardin and Rep. Steve Cohen.

If Russia is suspended from Interpol, it would bar the country from continuing to participate and therefore put in requests for Red Notices, but it would not remove Red Notices that are already in the system, said Ted Bromund, a senior research fellow at the Heritage Foundation and an expert in Interpol.

Core part of Kharkiv nuclear lab not damaged following shelling, institute director says

From CNN’s Philip Wang

The core part of a nuclear research facility in Kharkiv has not been damaged following a relentless round of shelling, the head of the science institute said on Friday in an interview with Reuters.

The outside of the institute has been hit with “major destruction” by several shells launched from the Russian side, said Mykola Shulga, general of the National Science Center Kharkiv Institute of Physics and Technology.

The facility is currently in working condition and safe, Shugla said, adding a warning that if the nuclear fuel tank were to become physically damaged, it could leak radioactive elements and severely harm the environment. 

"The facility, in working condition, doesn't present any danger whatsoever. However, if there is physical damage, nuclear fuel leak is possible, [with] radioactive elements escaping outside. This obviously would be a huge, huge problem for the environment. In other words, what would happen would be comparable to a similar situation at any nuclear power station," Shugla told Reuters.

There are 37 nuclear fuel cells that have been loaded into the core facility, according to Shulga. The institute was about to start working on the industrial utilization of the reactor.

This comes as CNN reported on Thursday that emergency services in Kharkiv were tackling a fire near the Kharkiv Institute of Physics and Technology.

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EU authorities continue to hunt down the superyachts owned by Russian oligarchs, and this time, it’s the turn of Sailing Yacht A to become a frozen asset.

It happened on Friday in Italy, with the local police confirming the superyacht belonging to billionaire Andrey Melnichenko is now in storage in Trieste.

The decision to freeze the vessel at the northern port of Trieste comes after the European Union decided earlier this month to sanction Melnichenko for his connections with Russian President Vladimir Putin.

European authorities have announced a series of sanctions following the invasion of Ukraine, and seizing the assets of Russian oligarchs is seen as a measure that could help increase the pressure on the Russian President and cut the money supply which could be used to fund the war.

Melnichenko has recently been added to the list of Russian oligarchs targeted by the sanctions, as it’s believed he’s part of the closest circle of Vladimir Putin. The EU council claims Melnichenko personally met with Putin to discuss the impact of the sanctions announced by both the European Union and the United States.

As of March 2022, Andrey Melnichenko, 50, is considered the 7th richest person in Russia, with a net worth estimated at $15.8 billion. He’s the founder of fertilizer producer EuroChem Group and coal energy company SUEK.

Sailing Yacht A is an impressive vessel, with manufacturer Nobiskrug calling it “ one of the world’s largest and most advanced superyachts. ” It measures 143 meters (469 feet) and has a gross weight of 12,558 gt, sporting 8 decks, a hybrid propulsion system, and even a touch-and-go helipad.

The superyacht can reach a top speed of 21 knots, with the range estimated to be just shy of 5,400 nmi (that’s about 10,000 km).

This isn’t Italy’s first impressive catch. Just earlier this month, Italian police managed to seize $153 million worth of assets belonging to Russian billionaires, including two iconic superyachts, the Lena and Lady M. 

• Sailing Yacht A

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Exclusive: pushing the boundaries of technology, Sailing Yacht A

Andrey Melnichenko is a man with exceptional vision. Where other yacht owners like to blend into the background, he wants his superyachts to push the boundaries of design, creativity and technology as well as make a statement. His first superyacht, Motor Yacht A , rocked the superyacht world with its radical design and now he’s done it again.

With an insatiable appetite to drive change he has put together a highly skilled team to build his new creation, currently under construction in Germany. Boat International was given exclusive access to the yacht, and we can reveal for the first time its name, Sailing Yacht A , and that this huge new project is a “sail-assisted motor yacht”.

This is the second yacht in Melnichenko’s portfolio. His first, Motor Yacht A , split opinion, but today stands as one of the most talked about and recognisable yachts in the world. But Sailing Yacht A is a much bolder move and Melnichenko has raised the stakes even higher with a radically designed yacht that introduces new technologies and techniques never before used in the shipbuilding industry. He also broke down barriers by creating his own project team to undertake the build from start to finish. Sailing Yacht A is a monument to invention.

Philippe Starck , who created Motor Yacht A , and from there went on to design Venus for the late Steve Jobs, is working once again for Andrey and Aleksandra Melnichenko on the project. “I am honoured and happy to bring to life the owner’s dream of what will be the summit of high technology and poetry,” says Starck.

Sailing Yacht A is a unique story that began as far back as 2008 when eight of the world’s leading designers were invited to submit their ideas for a huge project – the creation of one of the world’s biggest sail-assisted private yachts. Initially, French designer Jacques Garcia was chosen for his designs, but later there were concerns about the progress of design development, and the owner decided on a change of direction.

Sailing Yacht A is slated for delivery in 2016, although her masts were not stepped when Boat International was invited on board in July. The interior was also under wraps, but here we can take a look at some of her incredible statistics.

She is a three-masted, 142.81 metre (LOA) sail-assisted motor yacht, with a moulded beam at the widest point of 24.88 metres, an eight metre encapsulated keel and a gross tonnage of approximately 12,700GT. For a vessel of this size it was a challenge to find a shipyard that had the capacity, knowledge and skills to put together the naval architecture and engineering for the motor yacht side of the project. The one chosen, given its skills in building large yachts, was Nobiskrug in Germany.

For the sailing design, rig and keel, and associated structural engineering, Dykstra Naval Architects  in The Netherlands was appointed for its advanced technical abilities demonstrated on various world-class sailing yachts. Aloft Sailing Yacht A carries three of the largest and most highly loaded composite freestanding structures in the world produced by Magma Structures in the UK. The custom booms were made by Future Fibres in Valencia, and the custom sails by Doyle Sails in the USA.

With a hull and superstructure predominantly constructed of steel and incorporating composite and accents of carbon fibre, in order to keep the weight and draught to an acceptable level, Sailing Yacht A is the highest classified vessel of her type: (Maltese Cross) 100A1 Passenger ship Sail Assisted, (Maltese Cross) LMC UMC and (Maltese Cross) 100A1 Yacht Mono G6.

Propulsion comes from a customised hybrid diesel-electric package made up of two MTU 3,600kW diesel engines, and two 4,300kW electric motors, driving shafts ending in highly skewed five-bladed Andritz controllable pitch propellers. She is expected to cruise under power at 16 knots with an expected range of 5,320 nautical miles and will have a top speed of 21 knots.

With her uninterrupted shard-like appearance she carries her eight decks aft along the sheerline, which slopes up towards the stern, reaching a full beam width of 24.88 metres at the widest point. All her machinery is hidden within the hull structure, and as you can see, everything, including the windows, are flush. The bridge control centre for propulsion and sailing systems is on deck seven and there is a touch-and-go helicopter pad on deck six. There is accommodation available for up to 54 crew.

There are many more technical advances, innovations and surprises throughout her hull, decks and keel, which Boat International will reveal, in detail, in an exclusive feature in the November issue.

More about this yacht

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Putin-Allied Oligarch's $860 Million Superyacht, The Largest Sailboat In The World, Abandoned After It Was Seized As Part Of Ukraine War Sanctions

A Russian oligarch, who spent four years and $860 million building a superyacht, has abandoned the vessel for the last two years after it was seized by Italian police in March 2022.

Italy took the step to comply with European Union sanctions against Russian oligarchs who have supported their country’s war with Ukraine.

The vessel, constructed by German Naval Yards, is gargantuan in size and has three masts that tower 300 feet high and a length stretching to 468 feet long. These dimensions make this boat the largest current sailboat in the world.

Its height surpasses that of Big Ben by approximately ten feet. The boat is considered to be a medium-sized cargo ship and can reach speeds up to 20.8 knots or 24 miles per hour.

Since its seizure in 2022, the yacht has been sitting in the custody of the Italian government, waiting dormant off of the coast in the Trieste Gulf. The Italian government claimed that they have spent over $11.5 million on the upkeep of the ship.

The yacht is owned by Russian business tycoon Andrey Melnichenko , who is one of Russian President Vladimir Putin ‘s top allies.

Melnichenko made his fortune off of a fertilizer company and a coal company, which have made him one of the richest men in the world.

Melnichenko is among 36 wealthy Russian businessmen sanctioned by the E.U., whose assets may be subject to seizure.

This yacht seizure is just a small part of many repossessions of Russian goods by the Italian government since 2022 – it is estimated that a total of $230 million in Russian property has been appropriated.

In October 2023, the United States government seized a 348-foot yacht originally owned by sanctioned Russian oligarch Suleiman Kerimov .

Russian President Vladimir Putin recently said that the war in Ukraine was “a tragedy.”

Source: uInterview

The post Putin-Allied Oligarch’s $860 Million Superyacht, The Largest Sailboat In The World, Abandoned After It Was Seized As Part Of Ukraine War Sanctions appeared first on uInterview .

One of Russia's richest oligarchs who now lives in Dubai says Putin's invasion of Ukraine made him a 'pariah'

• One of Russia's richest men, Andrey Melnichenko, said the Ukraine war had made him a "pariah."
• Melnichenko now lives in the UAE, where his $300 million Motor Yacht A is moored.
• His $578 million Sailing Yacht A was seized by Italian authorities shortly after he was sanctioned.

One of Russia's richest individuals said he'd become a "pariah" in the United Arab Emirates where he fled after being sanctioned.

In an extensive interview with the Financial Times, Andrey Melnichenko decried the effects of Russia's invasion of Ukraine on his personal life, while also saying there were "war crimes from both sides" in the conflict.

Melnichenko was sanctioned in March last year after attending a roundtable of Russian business figures hosted by Vladimir Putin in February.

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The businessman, who made his money from coal and fertilizers, previously said that he only found out he had been sanctioned when he read about it in the news.

"I don't make weapons for the war. I make food for people and energy for power stations all over the world. I don't promote the war. I'm not involved in politics. What's the point?" Melnichenko told the FT.

Melnichenko berthed his $300 million Motor Yacht A in the UAE last year. His $578 million Sailing Yacht A was seized by Italian authorities shortly after he was sanctioned.

His net worth more than doubled to about $25 billion after the invasion and subsequent sanctions on Russia forced a spike in fertilizer prices, per Forbes.

Sanctions against Russian oligarchs have changed the lives of several influential billionaires who previously spent much of their time in the West.

Former Chelsea FC owner Roman Abramovich, for example, was forced to sell the club and now resides in Israel , per Le Monde.

Oligarchs had a collective $95 billion wiped off their net worth last year, according to Guardian analysis of Bloomberg Billionaires Index data.

Last week, the FT reported that tech billionaire Arkady Volozh had appealed sanctions placed on him by the EU, just days after he first criticized the war.

Oleg Tinkov managed to get sanctions against him in the UK lifted after slamming Putin's invasion of Ukraine and getting the backing of British business tycoon Richard Branson.

Watch: Inside Putin's secret bunker and billion-dollar palace

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