As the West goes after the assets of Russian oligarchs, the ripples are being felt across the industry.
Superyacht design, like that of the new Victorious yacht, is suited to owner's tastes
In some cases this means superyachts sitting idle in ports around the world, as industry workers avoid doing business with those on the West's Most Wanted list. Some boats may have made a run for more friendly waters, travelling to ports in countries that have not imposed sanctions. Former Chelsea FC owner Roman Abramovich has docked two superyachts in Turkey, media report. Others have been spotted in Dubai.
Yacht sales, new builds and yacht charters are all at record highs and further growth is projected into 2022, aided in part by the pandemic, he said.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Airport evacuated when someone thought it a good idea to take bomb as souvenirVideo from the Ben Gurion airport in Isreal shows the airport plunging into chaos last night after an unexploded artillery shell was discovered.
Read more »
BBC boss reveals more shows to go following Holby City's endThe BBC’s director general Tim Davie has confirmed that more shows will go following Holby City’s shocking end - Gosh, we can't take any more goodbye's 😥
Read more »
Stephen Fry and David Baddiel mock Tory MP Neil Parish over ‘tractor’ claimStephen Fry and David Baddiel are among those who have been quick to ridicule the claim made by Neil Parish that he was ‘trying to look at tractors’ after he was caught watching porn in the House of Commons.
Read more »
Old buoy sparks bomb scare on Weston-super-Mare beachA Royal Navy bomb squad was called to a Somerset town amid reports of a 'suspicious package'.
Read more »
Spring Finally Sprung? Highs Reach 70 This WeekendWe’re finally getting out of the grip of that stubborn low pressure system that gave us all that wind over the last three days. It’s a marked improvement to the forecast, and it all starts today. Sun will be challenged by a few clouds in the afternoon as they continue to spill down from northern New England. Cool breezes will…
Read more »
Another rocketry firm experiments with recycling its launchersSo far, only SpaceX has pulled off recovering and relaunching the first stage of a space rocket. But Rocket Lab, another firm, hopes its “There and Back Again” mission will achieve the same
Read more »