The superyacht was seized under the UK government’s Russian sanctions - the first time the regulations have been used to detain a ship.
Britain has detained a Russian-owned £38 million superyacht hours before it was due to leave London where it had docked for a meeting of the superyacht awards, saying the move was part of its sanctions package aimed at punishing Moscow.
The government said Phi was owned by a Russian businessman that it did not name, but that ownership was “deliberately” hidden, with the company the ship is registered to based in St Kitts and Nevis, and the ship carrying Maltese flags. The yacht, which features a fresh-water swimming pool and what it described as an “infinite wine cellar”, was built by shipbuilders Royal Huisman.“Today we’ve detained a £38 million superyacht and turned an icon of Russia’s power and wealth into a clear and stark warning to Putin and his cronies,” Transport Secretary Grant Shapps said.
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