Tag: Ukraine
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Auction to sell Royal Romance called off; Yacht Potentially No Longer Under Ukrainian Ownership
Royal Romance, the 92-meter motor yacht, will no longer be auctioned off by the Asset Recovery and Management Agency ( ARMA) of Ukraine after a new decision made by the Croatian court canceled its prospective sale. Royal Romance, owned by sanctioned Ukrainian lawyer Viktor Medvedchuk, was seized in March 2022 as she was docked in…
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Troostwijk Auctions no longer the central agent to seized motor yacht Royal Romance
After the Asset Recovery and Management Agency ( ARMA) of Ukraine confirmed the auction of the seized motoryacht ROYAL ROMANCE with Troostwijk Auctions, plans for the auction have fizzled out. In a statement shared with The Maritime Observer, the auction house states “Troostwijk will not be the auction platform to enable the sale. While we…
