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Italian authorities seize one of world’s largest superyachts from oligarch

Sailing Yacht A, owned by Russian businessman Andrey Melnichenko, seized in Trieste on Friday evening

• Russia-Ukraine war – latest news

Italian authorities have seized a €530m (£444m) superyacht owned by Russian businessman Andrey Melnichenko as part of EU sanctions following Vladimir Putin’s invasion of Ukraine .

Sy A – short for Sailing Yacht A – was seized on Friday evening in the port of Trieste after being identified by Italian police as belonging to the billionaire owner of EuroChem Group, a major fertiliser producer, and the coal company SUEK.

Video footage reportedly showed police cars with flashing lights approaching the yacht, said to be one of the largest in the world, and boarding it.

EuroChem and SUEK said in statements on Thursday that Melnichenko had resigned as a member of the board in both companies and withdrawn as their beneficiary, effective on Wednesday.

It comes as Roman Abramovich’s superyacht Solaris was pictured arriving in Tivat, Montenegro, on Saturday. The vessel left a port in Barcelona earlier this week as the UK government imposed sanctions on the Russian billionaire owner of Chelsea Football Club.

On Thursday, it was tracked off the coast of Sicily after reportedly undergoing repairs earlier in the week in Barcelona, one of a number of apparently hurried sailings of Russian billionaires moving their superyachts to avoid seizure. His other yacht, the more luxurious Eclipse, was on Thursday located to the west of the Canary Islands.

A European Council decision authorising the sanctions against Melnichenko says he was one of 37 business leaders who met with the Russian president after the invasion of Ukraine to talk about the potential economic impact of EU and US sanctions.

Melnichenko, the document states, “belongs to the most influential circle of Russian businesspeople with close connections to the Russian government”.

It adds: “He is therefore involved in economic sectors providing a substantial source of revenue to the government of the Russian Federation, which is responsible for the annexation of Crimea and the destabilisation of Ukraine.”

A spokesperson for Melnichenko, Alex Andreev, said the businessman had “no relation to the tragic events in Ukraine. He has no political affiliations”.

“There is no justification whatsoever for placing him on the EU sanctions list,” Andreev said. “We will be disputing these baseless and unjustified sanctions, and believe that the rule of law and common sense will prevail.”

Italian authorities have separately seized €143m worth of luxury yachts and villas owned by Russian billionaires in luxury destinations including Lake Como, Sardinia and the Ligurian coast.

Nobiskrug, the manufacturer of Sailing Yacht A, describes the three-mast vessel on its website as “one of the world’s largest and most advanced superyachts” and the “ultimate embodiment of German superyachts built for the 22nd century”. It is almost 143 metres long, the mainmast is 100 metres above the waterline, and the yacht has a gross tonnage of about 12,600.

Other yachts seized by Italian police include Lady M, owned by Alexei Mordashov who, before being blacklisted this week by the EU, was the richest man in Russia. A yacht owned by Gennady Timchenko, another billionaire with close ties to Putin, was also seized.

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SY A: Italy seizes one of the world’s largest superyachts owned by Russian businessman

The vessel, called “sy a”, is in storage at the northeastern port of trieste, article bookmarked.

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A £530 million mega yacht owned by Russian oligarch Andrey Melnichenko was seized on Friday by Italian authorities.

The vessel, called “SY A”, was in storage at the northeastern port of Trieste , a statement from Italy ’s financial police said.

Mr Melnichenko was one of a number of Russian elites recently sanctioned by the EU over close supposed links to the Kremlin, in response to Vladimir Putin’s decision to invade Ukraine .

In announcing its decision the EU said Mr Melnichenko - who owns fertilizer producer EuroChem Group and coal company SUEK - was among a group of 36 businesspeople who met with Mr Putin and other officials on February 24 to discuss the impact of economic sanctions by the EU and EU.

The EU Council decision said: “The fact that he was invited to attend this meeting shows that he is a member of the closest circle of Vladimir Putin and that he is supporting or implementing actions or policies which undermine or threaten the territorial integrity, sovereignty and independence of Ukraine, as well as stability and security in Ukraine.

“It also shows that he is one of the leading businesspersons involved in economic sectors providing a substantial source of revenue to the government of Russia, which is responsible for annexation of Crimea and ​destabilization of Ukraine.”

The businessman is worth approximately £8.4billion ($11 billion) - making him the eight richest man in Russia, according to Forbes.

The 143m (469ft) long superyacht was constructed by German shipbuilder Nobiskrug and features a host of amenities, including an underwater observation pod and hybrid diesel-electric propulsion.

European countries have responded rapidly to seize assets from Russian oligarchs and have already taken a number of the sailing vessels.

Italian authorities have taken Lena belonging to Gennady Timchenko, in the port of San Remo and the Lady M owned by Alexei Mordashov in nearby Imperia.

And French customs officials seized the yacht of Rosneft boss Igor Sechin, before it attempted to flee a French Riviera port.

A number of superyachts owned by Russian billionaires appeared to have found temporary haven in the Maldives, a luxury holiday destination, that crucially does not have an extradition treaty with the US or EU.

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2 years after being seized, the Russian oligarch’s $580 million megayacht which is even bigger than Jeff Bezos’ Koru left Trieste and sailed for Venice. Just so that it would not escape on the high seas the 469 feet long vessel was guarded by armed ships of the Italian forces.

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World’s most expensive sailing superyacht sits abandoned

The world’s most expensive superyacht, owned by a Russian oligarch, has remained stranded in the sea for almost two years.

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A Russian oligarch’s $860 million superyacht, seized by Italian police, has sat abandoned in the sea for almost two years.

The boat was nabbed in March 2022 as part of ongoing EU sanctions against Russia amid Vladimir Putin’s failing war in Ukraine.

It has remained stranded in the Trieste Gulf, off the coast of Italy, ever since, The Sun reports.

The superyacht is owned by Russian tycoon and Putin crony Andrey Melnichenko, one of a number of businessmen targeted under war sanctions.

Dubbed Sailing Yacht A, it is among the largest in the world – measuring 100 metres high and 143 metres long.

It underwent testing in Gibraltar in 2017 before it was handed over to Melnichenko.

The boat’s mast is bigger than Big Ben’s Tower by 10 feet and it’s even deemed a medium-sized cargo ship.

It has eight decks, a helicopter pad, an underwater observation room and a hybrid diesel-electric propulsion system.

Run by a crew of 54, the yacht also has a digital control system that allows them to raise and lowers the sails and anchor just by swiping.

And it has the power to dash across waves at speeds of up to 20.8 knots.

The unconventional yacht was built by German Naval Yards, in Nobiskrug.

Now it sits impounded in a dry dock with a constant crew of 20 and Italian media reports that the government has spent over £6 million ($11.5 million) keeping it there.

Police cars with flashing lights reportedly swarmed the yacht and boarded it before impounding the vessel in 2022.

Melnichenko owns fertiliser company EuroChem Group and SUEK, a coal company.

He made headlines for his impressive ships when he moored his other £240 million masterpiece, “Motor Yacht A”, on London’s River Thames near Tower Bridge in 2017.

The tycoon is one of the richest men in the world and was one of 37 businessmen who met with Putin after the invasion of Ukraine to discuss potential sanctions.

An EU document described him as belonging “to the most influential circle of Russian businesspeople with close connections to the Russian government”, according to The Guardian .

It went on: “He is therefore involved in economic sectors providing a substantial source of revenue to the government of the Russian Federation, which is responsible for the annexation of Crimea and the destabilisation of Ukraine.”

Both companies said Melnichenko had resigned just days before his yacht was seized in 2022.

A spokesperson for Melnichenko at the time said the businessman had “no relation to the tragic events in Ukraine. He has no political affiliations”.

“There is no justification whatsoever for placing him on the EU sanctions list,” Alex Andreev said.

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“We will be disputing these baseless and unjustified sanctions, and believe that the rule of law and common sense will prevail.”

Italian police have apparently seized over $230 million worth of luxury boats and homes owned by Russian billionaires.

This article originally appeared on The Sun and was reproduced with permission

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Alberto Mancini: spotting trends in superyacht design

Alberto Mancini, class of 1978, comes from the picturesque city of Trieste in the northeastern corner of Italy; a city known affectionately as “Vienna by the sea” for its diverse heritage along the crossroads of Latin, Slavic and Germanic cultures. It is here that Alberto’s love of everything nautical began, sailing on the family boat in the natural bay that surrounds the town.

Alberto, with a background of automobile design, studied at the European Design Institute of Torino and from there began a series of collaborations with some of the best-known naval architects and designers around. He was part of the design team of the incomparable, and perhaps most complex sailing yacht of its time, Perini’s Maltese Falcon- along with Nuvolari Lenard, Enrico Gobbi, and the list goes on and on.

A post shared by Denison_SuperYachts (@denison_superyachts) on Feb 27, 2017 at 2:31am PST

When he was ready to open his own shop, he returned home, to Trieste, and founded AM Yacht Design which focuses on interior and exterior yacht design for owners and shipyards.

As he gets ready to go down to the Italian town of Fano for the launch of his latest yacht (the Dominator – Ilumen 28m) next month, and then shortly after to the Mangusta shipyard, Superyacht Content caught up with him to chat about the biggest trends in yacht design today.

A post shared by Alberto Mancini (@amyachtdesign) on Jan 22, 2017 at 4:21pm PST

BIGGER, WIDER, BEAMY-ER, TALLER

On fiberglass production yachts, clients want to experience bigger spaces… they want castles. Unfortunately this doesn’t tend to lend itself well with the exterior styling. They want a villa and we have to work hard to find every square inch inside for them.

A post shared by Alberto Mancini (@amyachtdesign) on Sep 6, 2016 at 12:31pm PDT

THE ORIGAMI YACHT

Unfolding terraces, decks and flybridges. Everything unfolds and transforms. It makes it a challenge to create an exciting sleek exterior aesthetic.

A post shared by Alberto Mancini (@amyachtdesign) on Apr 9, 2016 at 12:07pm PDT

GYMS ONBOARD

Social entertaining and family spaces like cinema rooms are always a big request. More and more though, gyms are a big must right now and in particular outdoor exercise areas with equipment that overlooks the panorama. Clients want to breathe the fresh sea air while using a treadmill so gyms are moving up and getting a bigger priority onboard.

A post shared by Gym Marine (@gym_marine.co) on Oct 27, 2016 at 1:00pm PDT

THROUGH THE LOOKING GLASS

Maximizing glass to increase light and transparency is, of course, a trend you can immediately see on all the new yachts coming out. The quantity of glass surface now on newer vessels is much higher in comparison to older yachts.

A post shared by Boat International (@boatinternational) on Nov 15, 2016 at 3:11am PST

FLEXIBLE FURNISHINGS

A big trend is to buy more loose furniture instead of custom fixed furnishing. Owners can buy whatever furniture they enjoy, and when the yacht is sold it, can be removed easily by the new owner in order to create their own layout. It allows for a lot more flexibility in terms of restyling and spaces become multifunctional. For example, removable chaise lounges that can be removed to create open entertaining space… it creates more flexibility in terms of how they live on the yacht.

A post shared by Alberto Mancini (@amyachtdesign) on May 11, 2016 at 2:44pm PDT

But for Alberto everything really depends on the vision of the client.

“I am working now on a 46 meter for a client in Qatar and at the same time putting together a minimalistic interior space for an Overmarine Mangusta which have very different scopes. This is why I am so proud of my design team. I want to show how here in Trieste we are interpreting all types of design visions… not just one particular trend.”

Just one last question… any one particular new innovative design feature you are loving right now?

“Yes… I love the new technologies which permit me to create fabric & glass panels… imagine a glass decorative panel in a saloon or bathroom. It’s a cool little feature right now.”

Find out more about Alberto and his work at amyachtdesign.com

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Sea Emporium is a premier provider of luxury interior styling solutions for superyachts. Founded by experienced Chief Stew Suzie Shaw in 2011, the company offers a bespoke and highly personalized service to ensure each yacht’s interior matches the personalised preferences and lifestyle of its owner.

We Supply Yachts

Location: Copenhagen, Union Island, Tobago Cays, Petit St.Vincent, Palm Island, Mayreau, Mopion, La Ciotat/ Marseille/ Toulon, La Romana, Mustique, Tobago, Antigua, Cayo Largo, Paradise Island, Abaco, Grand Bahama, Nassau, Eleuthera, Exuma Islands, North Eleuthera, Cartagena, The French Riviera/ Antibes/ Cannes/ Nice, La Rochelle, Bequia, Barbuda, Saint Vincent / St.Vincent , Valencia, Tarragona, Cogolin/ Port Grimaud/ St Tropez, Corsica, Amalfi, Genoa/Portofino/Rapallo, Isola d'Elba, Isola Ponza/Procida/Ischia/Capri, La Spezia/Portovenere/Viareggio/Livorno/Scarlino, Grand Cayman, St. Kitts, Nevis, Sicily, Naples, Santa Marta, Havana, Old Havana, Rome, Trinidad, San Remo/Imperia/Loano/Savona, Sardinia, Menorca, Casa de Campo, Cap Cana, Samaná Bay, Boca Chica, Cofresi, Cabarete, Venice/Trieste, Corfu, Athens, Piraeus, Saronic Gulf, Bogota, Sosua, Old Santo Domingo, Canouan, Santo Domingo, Rosario Islands, Margarita, Varadero, Havana – Vedado, Great Exuma, Carriacou, Petite Martinique, East Coast, Lanzarote, Vigo, Baranquilla, Alimos, Santorini, Rhodes, Lefkas, Dubai, Harbour Island, Les Saintes, Marie Galante, Mykonos, Tenerife, Lemnos, Kefalonia, Vilanova, Gran Canaria, Abu Dhabi, Mallorca, The Southern Grenadines, Poland, Estonia, Sweden, Finland, Norway, Denmark, Thessaloniki, Aeolian Islands, Northern Cyprus, Southern Cyprus, Long Island, France, South Africa, Jamaica, United Kingdom, Spain, Montenegro, Dominican Republic, Martinique, Cuba, Grenada, Saint Lucia / St. Lucia, Guadeloupe, Portugal, Trinidad & Tobago, Puerto Rico, Cayman Islands, Saba, Bahamas, Gibraltar, Tunisia, Panama, The Azores, Maldives, Seychelles, Egypt, Israel, Madeira, Anguilla, Antigua and Barbuda, Barbados, Belize & Honduras, Costa Rica, Mexico Pacific Coast, British Virgin Islands / BVI, St. Maarten / St. Martin, Turks & Caicos Islands, Colombia, Saint / St.Vincent & The Grenadines, Montserrat, St. Kitts & Nevis, Aruba, Bonaire & Curaçao, Italy, Malta, Croatia, Greece, Turkey, U.S. Virgin Islands, St. Barth’s, Dominica, Monaco, Los Roques, Red Sea / Gulf of Suez, Scandinavia, The Netherlands, United Arab Emirates, Germany, Haiti, Canary Islands, Cyprus, Albania, Iceland, Greenland, Saudi Arabia, Morocco, Africa, Caribbean & Central America, Mediterranean, Middle East, Northern Europe, The Baltic & Northern Latitudes, Atlantic Islands Categories: Provisioning, Wines / Spirits / Beverages

We Supply Yachts deliver high-quality provisions to superyachts, ensuring your orders are on board within 48 hours. 24/7 service.

Location: Fort Lauderdale, Palma & Puerto Portals, Port Adriano & Santa Ponca, Florida, Spain, United States of America (USA), Mediterranean, North America Categories: Electric / Electronics & Audio / Visual Systems, Cell Phones / Communications/ Data Roaming, Global Service Providers, Computer & IT Services / Data Recovery

For over 20 years, e3 Systems have been providing the very latest marine electronics to the most advanced yachts in the world.

About Italy

Location: Amalfi, Genoa/Portofino/Rapallo, Isola d'Elba, Isola Ponza/Procida/Ischia/Capri, La Spezia/Portovenere/Viareggio/Livorno/Scarlino, Sicily, Naples, Rome, San Remo/Imperia/Loano/Savona, Sardinia, Venice/Trieste, Aeolian Islands, Italy, Mediterranean Categories: About/General Information

Italy shares its northern Alpine boundary with France, Switzerland, Austria and Slovenia. Italy - Bella Italia, the Belpaese (Beautiful Country) - is a country of extremes, with something to offer every visitor…with some of the best shipyards in the world of superyachts!

About Venice

Location: Venice/Trieste, Italy Categories: About/General Information

At the very top of the Adriatic Sea lies the floating city of Venice, built on over 100 small islets within the Venetian Lagoon and separated from the sea by a strip of land called the Lido di Venezia.

Location: Palma & Puerto Portals, Port Adriano & Santa Ponca, Port de Soller, Alcudia, Gran Canaria, Costa del Sol, Formentera, Margarita, Lanzarote, Vigo, Tenerife, Vilanova, Venice/Trieste, Mallorca, Cartagena, Aeolian Islands, Denia, Menorca, Sardinia, San Remo/Imperia/Loano/Savona, Rome, Naples, Sicily, La Spezia/Portovenere/Viareggio/Livorno/Scarlino, Isola Ponza/Procida/Ischia/Capri, Isola d'Elba, Genoa/Portofino/Rapallo, Amalfi, Ibiza, Barcelona, Tarragona, Valencia, Spain, Canary Islands, Italy, Mediterranean Categories: Yacht Agent / Concierge Services, Provisioning

BYS Europe offer exceptional yacht services and provisioning across Spain, The Canary Islands and Italy from their offices in Tenerife, Gran Canaria and Sardinia.

Gusella Shipping Agency

Location: Venice/Trieste, Italy, Mediterranean Categories: Yacht Agent / Concierge Services, Provisioning, Air Freight / Couriers / Shipping / Containers & Storage

Highly recommended Shipping & Yacht Services agent based in Venice, Italy, who has great experience & knowledge in the yachting industry, shipping, logistics and with the local Port and City of Venice. No one better to contact for anything!

Pesto Sea Group

Location: Genoa/Portofino/Rapallo, La Spezia/Portovenere/Viareggio/Livorno/Scarlino, San Remo/Imperia/Loano/Savona, Venice/Trieste, Italy, Mediterranean Categories: Yacht Agent / Concierge Services, Provisioning

Pesto Sea Group has been a leading ship and yacht agency in Italy since 1966, constantly refining their services to enhance cruising experiences.

Berths/ Moorings in Venice

Location: Venice/Trieste, Italy Categories: Marinas & Moorings

Contact Yacht Services Agents in Venice who can help arrange berths.

Cantiere Rossini

Location: Venice/Trieste, Italy Categories: Boatyards / Shipyards / Haul Out

A modern refit & repair shipyard in a sheltered port on the Italian Adriatic, with a 560T Travellift, for yachts up to 55m LOA, with stern-to marina berths also available.

Everything Marine Srl

Location: Venice/Trieste, Italy, Mediterranean Categories: Provisioning

We have received good reports for the quality of meat, fish and fresh produce that Everything Marine provide in Venice.

General Emergencies - Europe/ The MED

Location: Port Adriano & Santa Ponca, Port de Soller, Alcudia, Palma & Puerto Portals, Alimos, Rhodes, Vigo, Lanzarote, Margarita, Saronic Gulf, Piraeus, Athens, Corfu, Formentera, Costa del Sol, Venice/Trieste, Menorca, Santorini, Sardinia, Lefkas, Mykonos, Tenerife, Lemnos, Kefalonia, Vilanova, Gran Canaria, Mallorca, Cartagena, Thessaloniki, Aeolian Islands, San Remo/Imperia/Loano/Savona, La Ciotat/ Marseille/ Toulon, Barcelona, The French Riviera/ Antibes/ Cannes/ Nice, La Rochelle, Valencia, Tarragona, Cogolin/ Port Grimaud/ St Tropez, Corsica, Ibiza, Genoa/Portofino/Rapallo, Rome, Naples, Sicily, La Spezia/Portovenere/Viareggio/Livorno/Scarlino, Isola Ponza/Procida/Ischia/Capri, Isola d'Elba, Amalfi, Italy, Malta, Croatia, Greece, Madeira, Turkey, The Azores, Monaco, Gibraltar, Portugal, Montenegro, Spain, France Categories: Emergency Contacts

The European and Spanish number for all emergencies is 112.

Welcome to Trieste  

Yachtsunlimited ™ -  no 1 superyacht consultancy for the adriatic sea.

YachtsUnlimited ™ members have been proudly providing high quality advise to the Superyacht community for decades. What differentiates us from other businesses is our ability to truly connect with our customers, and provide the exceptional, transparent & compassionate service they deserve. We are located in the heart of Trieste right in the middle between city and marina.

10 Reasons to Love Trieste

Trieste (Triest in German, Trst in Slovenian and Croatian) is a city in North-East Italy that was once a very influential and powerful centre of politics, literature, music, art and culture under Austrian-Hungarian dominion.

Today, Trieste is often forgotten as tourists head off to bigger Italian cities like Rome, Milan, and Trieste's archrival Venice. But those tourists miss out on a very charming and underestimated city, with a quiet and lovely almost Eastern European atmosphere, several pubs and cafes, some stunning architecture and a beautiful sea view. It was also, for a while, the residence of the famous Irish writer, James Joyce. Click on the above button to find out more...

YachtsUnlimited ™ Services

Exceeding your expectations.

We are specialists for bookings in Venice

Agency services.

Marina & Shipyard Bookings

Custom & Port Clearance

Provisioning & Yacht Agents

Brokerage & Charters

Mini ISM management

Helicopter & Jet Charters

Crew Travel & Accommodation

Guided Tours & Car Rentals

Refit Projects

Shipyard Bookings

Naval Engineering 

Refit Management

Emergency Repairs

ISM/ISPS Management

Truck & Car Rentals

Logistics & Customs Agents

Together with local and international partners we arrange the most convenient solutions for fuel & lubricants.  With this service, we ensure all details, seamless and handled in a timely manner. Whenever you work with YachtsUnlimited ™, you can trust that you’re in good hands.

Note: Together with the Naval Academy we can offer crew members courses to upgrade your STCW certification during refit periods. Prices are very good and the training is held in English language. Engineer courses as well as commercial diving courses are also available. Please ask for details!

As the poet Umberto Saba wrote: “Trieste has an unsociable grace. Located between the sea and the mountains of Carso, beautiful and fascinating, she does not like to show off, although she conquers her visitor at first sight.”

Tergeste, as Trieste was named during the Roman era, is to be discovered on foot, to fully taste her richness and to breathe, through her streets, buildings and monuments, her 2000-year-old history.

Get in Touch

YachtsUnlimited™

GFC Shipping S.R.L

Piazza Tommaseo 4 34123 TRIESTE

Mr.Franco Napp +39 335 6404468 Mr.Thomas Wissmann +39 351 6193263 [email protected]

Venice Office G. Radonicich & C. S.r.l. Via della Pila, 19/21  30175 Venezia - Marghera  Franco Napp +39 335 6404468 Michele Gallo + 39 348 4448220

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TRIESTE is a 33.13 m Motor Yacht, built in Italy by Blessi and delivered in 1946.

Her top speed is 9.0 kn and her cruising speed is 8.0 kn and her power comes from a Normo diesel engine. She has a gross tonnage of 173.0 GT and a 6.03 m beam.

She was designed by Ing. Antonio Blessi , who also completed the naval architecture. Ing. Antonio Blessi has designed 1 yacht and created the naval architecture for 1 yacht for yachts above 24 metres.

TRIESTE is one of 2111 motor yachts in the 30-35m size range.

Specifications

• Name: TRIESTE
• Previous Names: CAP. PIERO BLESSI,LOVEN IV,VEGSUND
• Yacht Type: Motor Yacht
• Yacht Subtype: Displacement , Expedition Yacht , Classic Yacht
• Builder: Blessi
• Naval Architect: Ing. Antonio Blessi
• Exterior Designer: Ing. Antonio Blessi
• Refits: 2006

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