Tue, 21-Oct-2025

Germany seizes world’s largest superyacht 

superyacht

Berlin: Germany has confiscated the world’s largest superyacht owned by Russian oligarch Alisher Usmanov, police sources said Thursday. Forbes magazine values the 156-metre-long “Dilbar” at $600 million (555 million euros). The boat has been docked in a Hamburg shipyard since October. Due to a legal dispute over ownership, German customs had been eyeing the superyacht … Read more

Ukraine: The United Kingdom sanctioned oligarchs Alisher Usmanov and Igor Shuvalov

Alisher Usmanov

Following Russia’s invasion of Ukraine, the United Kingdom sanctioned two more Russian oligarchs, Alisher Usmanov and Igor Shuvalov. Mr Usmanov’s company, USM, previously sponsored Arsenal and, until this week, Everton. Mr Shuvalov was formerly Russian President Vladimir Putin’s deputy prime minister and is now the chairman of a Russian bank’s management board. Their assets will … Read more