Europe
Denmark Investigates Yacht Linked to Nord Stream Blasts
Danish police have searched for a yacht on a tiny Baltic Sea island near the Nord Stream pipeline blast sites, the local administrator said on Thursday.German authorities confirmed on Wednesday they had raided a ship in January that may have been used to transport explosives used to blow up the pipelines."The police was searching for a specific boat that had moored here in September," Soren Thiim Andersen, the highest authority on the island of Christiansö, told Reuters.The Sept.
Spain Detains Yacht Thought to Be Owned by Rosneft CEO
Spanish authorities on Wednesday detained a mega-yacht called "Crescent" that is believed to belong to Igor Sechin, the sanctioned chief executive of Russian oil giant Rosneft, a police source told Reuters.The 135-metre-long yacht, described by specialist publications as one of the biggest in the world, sails under a Cayman Islands flag and arrived in Spain from Italy in November 2021, according to monitoring site Marine Traffic.Spain's Transport Ministry, which confirmed the detention but not the ownership, said it docked…
France Seizes Yacht Reportedly Belonging to Rosneft Boss Sechin
French customs have seized a yacht belonging to Rosneft boss Igor Sechin as it tried to leave the Mediterranean port of La Ciotat in a breach of EU sanctions on Russian oligarchs, Finance Minister Bruno Le Maire said.The move came as western states are implementing massive sanctions, including asset freezes, against Russia for invading its neighbor Ukraine. A separate nearly $600 million luxury yacht owned by Russian billionaire Alisher Usmanov has also been seized, by German authorities, Forbes reported. The 88-meter "Amore Vero" arrived in La Ciotat on Jan.3 and was due to stay there until April 1st for repairs…
Wärtsilä, Pastrovich Working on Sustainable Boutique Cruise Ship
Finnish marine technology company has teamed up with naval architect and yacht designer Stefano Pastrovich on the design of innovative sustainable superyachts for the boutique cruise sector."A new generation of boutique cruise ships is set to emerge, with the luxury of a superyacht, the construction techniques and passenger experience of a cruise ship, and a close focus on the environment. These cost optimized vessels will serve the charter and luxury hotel sectors in attracting and meeting the demand from millennials and cruise veterans alike…
Michael Müller New CEO of Bavaria Yachts
Bavaria Yachts, the producer of sailing and motor yachts in Europe, has appointed Michael Müller as the new Chief Executive Officer (CEO) of the Bavaria Yachtbau GmbH in Germany. He will also be responsible for the division of the Nautitech Catamarans SAS in France.The move follows on from a three-month tenure for Michael as MD for sales and marketing for the group. This position was previously vacant.“In the few weeks with Michael Müller on board we have learned how effective he is and how well he has been received by employees and dealers…
