The luxury yacht Dilbar, moored in the port of Hamburg, has been detained because of the EU sanctions against Russia. The 156-metre yacht is one of the largest in the world and the asset was finally frozen after the German Federal Police succeeded in determining the...
Seized yachts could pose a ‘significant risk’ to ports, harbours and marinas if there is no requirement to ensure mega yachts detained under sanction rules are properly maintained, made safe or deactivated. This warning was issued by Van Ameyde McAuslands,...
The Netherlands is known for its high-quality superyacht construction, but this flourishing industry will now also be impacted by the sanctions imposed on Russia for invading Ukraine. So far, the Dutch government has detained fourteen yachts. In order to implement the...
The ship that blocked the Suez Canal for six days in March is not allowed to leave Egypt for the time being. An Egyptian court ruled on Sunday that it was not competent to decide on the seizure issue, according to a lawyer. The Panamanian-flagged Ever Given was...
The Suez Canal Authority (SCA) has reduced its claim against Japanese shipowner Shoei Kisen Kaisha, owner of the Ever Given from USD 916 million to USD 600 million. According to lawyers and maritime experts, the original claim is out of all proportion to the actual...
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