The Business of Middle East Superyachting

Tag: AMADEA

  • Sale of seized yacht AMADEA blocked by US. Court

    Sale of seized yacht AMADEA blocked by US. Court

    The US government, in possession of the seized luxury motor yacht AMADEA, was denied its request to obtain the right to sell the yacht by a New York court. Amadea, belonging to sanctioned Russian oligarch Suleyman Kerimov, was seized as it was docked in Fiji in May 2022, following the U.S. sanctions imposed on Russia….

  • United States government plans to sell seized motor yacht AMADEA after strenuous maintenance costs

    United States government plans to sell seized motor yacht AMADEA after strenuous maintenance costs

     US v. M/Y Amadea, 23-cv-09304, US District Court, Southern District of New York.  The 106-meter motor yacht Amadea was seized in May 2022 while docked in Fiji after her owner, Suleiman Kerimov, was placed under the U.S. sanctions list due to the Russian invasion of Ukraine, Mr. Kerimov’s third time becoming a designated person in…