Uncharted territory with seized yachts

Amid the atrocities occurring in Ukraine, it has given the public some joy to have obscenely expensive Russian yachts seized by foreign governments enforcing sanctions placed in response to its invasion of Ukraine.

However, that’s only where the story begins as explained by marine surveying and consulting company Van Ameyde McAuslands:

Seized maritime assets could pose a “significant risk” to ports, harbors, and marinas if there is no requirement to ensure mega yachts detained under sanction rules are properly maintained, made safe, or deactivated.

Safety concerns are now the issue following the seizure by port authorities across Europe of a number of high-profile mega yachts thought to be owned by Russian oligarchs…

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