Britain has detained a Russian-owned $50 million superyacht hours before it was due to leave London where it had docked for a meeting of the superyacht awards, saying the move was part of its sanctions package aimed at punishing Moscow.
The 58.5 metre Dutch-built yacht, named Phi, was detained in the Canary Wharf financial district of London under the government's Russian sanctions, the first time the regulations have been used to detain a ship.
