After Putin invaded Ukraine, Western governments grabbed almost two dozen luxury vessels to punish him and his cronies. Great PR move but terrible economics, as four years later many of them are rotting in their berths, costing taxpayers millions.
Read the full story on Forbes: https://www.forbes.com/sites/giacomotognini/2026/07/26/inside-the-seized-superyacht-fiasco-thats-costing-taxpayers-millions/
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Sell the dam thing or chuck it
Keep in mind, that Russia can seize assets in their country and in international waters. Yet Russia hasn’t done so. And for those who would say”that Russia started an illegal war,” there’s no such thing as an “illegal war,”which the west is also guilty of, in past 20 years and even recently with 🇻🇪 and 🇮🇷. That’s why every nation should mind it’s own business and stay in their own lane.
A yatch is a liability, not an asset
Costly PR exercise to please leftist voters.
sounds like the russians will get them back soon. this article sounds like a setup piece.
Thanks Merrick.
Theft mate. Not your property. Give it back.