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The Latest Breaking News from Andrey Melnichenko

Russian billionaire sued a paint company for $100 million because his $300 million superyacht was not shiny enough, then spent $30 million repainting it

When Russian billionaire Andrey Melnichenko commissioned Motor Yacht A, he wanted a vessel that would redefine luxury yachting. Designed by Philippe Starck and built by German shipyard Blohm+Voss, the futuristic superyacht quickly became one of the most recognisable private vessels in the world. But instead of making headlines solely for…

The Times of India

While commercial ships and oil tankers struggled to get by, this Soviet-born billionaire’s $300 million superyacht left Dubai and cruised through the Strait of Hormuz on a 2,000-mile journey to the Maldives

Motor Yacht A, under the ownership of billionaire Andrey Melnichenko, recently traversed the Strait of Hormuz amidst increased military tensions that have prompted commercial vessels to postpone their voyages. Following the imposition of Western sanctions after Russia's invasion of Ukraine, Melnichenko relocated his assets to the Gulf, particularly after his…

The Times of India

One in four billionaire Cop28 delegates made fortunes from polluting industries

Exclusive: analysis by Oxfam raises concerns about influence wielded by ultra-rich mega-emitters at summit

The Guardian - UK

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Why do Russia and China have a stranglehold on the world’s food security? Fertilizers

The cargo trapped for months at the Dutch port of Rotterdam was so precious that the United Nations intervened to mediate its release. The World Food Programme chartered a ship to transport it to Mozambique, from where it’s being taken by truck through the interior to its end destination, Malawi.

Tribune News Service

Rishi Sunak's election guru once worked for team advising oligarch pal of Putin

Tory election expert Isaac Levido had a job at lobbyists CT, which gave advice to Andrey Melnichenko, a billionaire who had his luxury yacht seized after being hit by sanctions over Ukraine invasion

Daily Mirror

Russian oligarchs and companies under sanctions are among lobbyists at Cop27

The heavy presence of lobbyists from Moscow suggests Russia is using the climate talks to drum up business

The Guardian - UK

Blacklist Dubai over failure to crack down on Russian oligarchs, say campaigners

UAE has become haven for superyachts, private jets and ‘dirty money’ since invasion of Ukraine, but has taken no action

The Guardian - UK

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Swiss lower house backs power to independently impose sanctions

Switzerland's lower house on Thursday backed legal changes that will allow the usually neutral country to impose sanctions independently of other nations or international groups on people or entities that have violated international humanitarian law.

Reuters

Russians flock to EU court in long-shot bids to undo sanctions

Russian billionaires hit by European Union sanctions over Vladimir Putin’s invasion of Ukraine are flocking to the bloc’s courts in an attempt to extricate themselves from the EU’s target list of rich individuals. History shows their chances of lasting success are slim.

Tribune News Service

Putin warns that Moscow will hit new targets if the west supplies Ukraine with long-range missiles – as it happened

This live blog is now closed, you can find our latest coverage of the Russia-Ukraine war here

The Guardian - AU

Wife of Russian billionaire Melnichenko contests EU sanctions

A European Union decision to extend sanctions against Russian billionaire Andrey Melnichenko to his wife is "irrational" because she has never held Russian citizenship or resided in Russia, a representative for the couple said on Saturday.

Reuters

EU blacklists wife of Russian billionaire Melnichenko to curb bypassing sanctions

The European Union on Friday blacklisted Aleksandra Melnichenko, the wife of Andrey Melnichenko, a previously sanctioned Russian billionaire who Reuters revealed had reassigned his companies to her in a bid to contain the business damage.

Reuters

Sanctioned Russian oligarch's megayacht hides in a UAE creek

In the dusty, northern-most sheikhdom of the United Arab Emirates, one of the world’s largest yachts sits in a quiet port

The Independent UK

Revealed: Russia-linked superyachts ‘going dark’ to avoid sanctions threat

Vessels with ties to Russian oligarchs hit by sanctions are no longer reporting their position to an automatic global locator

The Guardian - UK

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Reuters

How a Russian billionaire shielded assets from European sanctions

(This May 27 story corrects paragraph 30 to say that EuroChem produces roughly 5%, not roughly 10%, of world fertilizer output)

Tribune News Service

Oleg Deripaska’s superyacht sails on as sanctions bite

Clio, a $65-million superyacht tied to Oleg Deripaska, the Russian aluminum billionaire whose connections to Vladimir Putin have put him on sanctions lists, is on the move again after being anchored off the Maldives.

Reuters

Maldives shelters sanctioned Russian billionaires' yachts

A day after coal and fertilizer billionaire Andrey Melnichenko was placed on the European Union's sanctions list on March 9, his superyacht Motor Yacht A stopped broadcasting its location while in Maldives' waters, maritime data shows.

Evening Standard

Helipads that turn into pools! On-board spas! Anti-pap tech! Inside the oligarch super-yachts

They’re marina-hopping to avoid sanctions - but who has the biggest boat? From record-breaking swimming pools to haute-gyms and their own submarines, Katie Strick has a guide to the biggest brashest boats in town

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The Guardian - UK

Russian-born husband of Tory donor ‘earned millions via oligarch connections’

Vladimir Chernukhin’s wife, Lubov, has given Conservatives more than £2m

Tribune News Service

Italy seizes another Russian superyacht

Italian authorities have seized a superyacht owned by Russian billionaire Andrey Melnichenko as pressure on Russia’s elite continues following the invasion of Ukraine.

The Guardian - UK

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

Sailing Yacht A, owned by Russian businessman Andrey Melnichenko, seized in Trieste on Friday evening

The Independent UK

SY A: Italy seizes one of the world’s largest superyachts owned by Russian businessman

The vessel, called “SY A”, is in storage at the northeastern port of Trieste

The Guardian - AU

Invaders ‘cannot conquer us’, Zelenskiy says, as 13,000 flee besieged cities – as it happened

Ukraine’s president says the capital will only fall to Russian troops if it is completely destroyed, while Moscow warns western shipments of arms to Ukraine could be attacked

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