For more than a year, Russia’s richest man cleverly dodged the … – Luxurylaunches

Posted: June 30, 2023 at 4:59 pm

Sanctioned Russian billionaire Alexey Mordashovs $500 million superyacht Nord is reportedly heading back home after frantically journeying to different parts of the world in an attempt to avoid being seized. More than a dozen luxury vessels linked to Russian oligarchs have already been seized so far as part of the sanctions announced by the US and allies since the beginning of the Ukraine war. Several of them have also been auctioned, including Andrew Guryevs $120 million superyacht Alfa Nero which was recently sold to Googles ex-CEO Eric Schmidt by Antigua. However, Nord has successfully managed to keep itself away from the clutches of the sanctioning authorities thus far.

Thats when Nord departed on a 7000-nautical-mile journey to Cape Town, South Africa, where it was not welcomed. The vessel also went dark en route by shutting off its location-transmitting transponders. It is believed that Nord never made it to South Africa and had to ultimately spend its winters in Seychelles, safely tucked away from the sanctioning authorities. The superyacht finally switched on its AIS tracking system after 8 months on June 12, somewhere near Indonesia. The vessels antics have put a big question mark on the effectiveness of the attempts made by the US and its allies to punish Russian billionaires and put pressure on Putin.

Superyacht Nord With an overall length of 141.63 meters, Nord is one of the biggest superyachts in the world, which is estimated to be worth $500 million. The gigantic luxury vessel was built by the German company Lrssen Yachts and was launched in 2021. Nuvolari Lenard is responsible for the exterior and interior design of the gorgeous superyacht. Nord has a volume of 10,154 GT a steel hull and an aluminum superstructure. She is powered by 4 MTU engines, which give her a top speed of 20 kn.

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For more than a year, Russia's richest man cleverly dodged the ... - Luxurylaunches

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