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Ukraine war: another yacht said to belong to Russian oligarch seized in Italy

  • The vessel, named Sailing Yacht A, is in the port of Trieste. Officials from the Italian financial police seized it on Friday, the government in Rome confirmed
  • The yacht is believed to belong to Russian coal billionaire Andrey Melnichenko, who was put on an EU sanctions list after Russia’s invasion of Ukraine

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The 142.81 metre sail-assisted motor yacht Sailing Yacht A, owned by Russian tycoon Andrey Melnichenko, in front of Monaco harbour in 2017. Photo: Reuters

Italian authorities have seized another megayacht apparently owned by a Russian billionaire on the EU sanctions list.

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The almost 143-metre-long three-master is estimated to be worth around €530 million (US$578 million) and is considered the largest sailing yacht in the world.

The vessel, named Sailing Yacht A, is in the port of Trieste. Officials from the Italian financial police seized it on Friday, the government in Rome confirmed.

The Sailing Yacht A is seen in the bay of Antibes near Nice, southeastern France in 2018. Photo: EPA-EFE
The Sailing Yacht A is seen in the bay of Antibes near Nice, southeastern France in 2018. Photo: EPA-EFE

The yacht, built by the German shipyard Nobiskrug, is believed to belong to Russian coal billionaire Andrey Melnichenko, who was put on an EU sanctions list after Russia’s invasion of Ukraine.

Last week, the Italian financial police seized another yacht suspected to belong to a Russian oligarch.

And US officials suspect that another superyacht, currently in Marina di Carrara, a port in Tuscany, could belong to Russian President Vladimir Putin, according to a New York Times report.

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US intelligence agencies have found initial indications that the Scheherazade yacht, worth US$700 million, is linked to Putin, the newspaper said citing sources familiar with the matter.

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