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The Guardian - UK
The Guardian - UK
World
Miranda Bryant

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

Andrey Melnichenko United States Russia European Union Trieste Ukraine

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.

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