Floating liabilities: Western authorities grapple with the cost of seizing oligarchs’ superyachts

May 19, 2022
Detaining luxury vessels worth hundreds of millions of dollars was the easy bit. Maintenance runs about 10% of the yachts' value.
Above, a superyacht with suspected links to a Russian oligarch is docked in the Dominican Republic. For governments, seizing the pricey vessels comes with outrageous maintenance costs.
Ethan Swope/Getty Images

The yacht index: How the price of pricey boats shifts

Apr 1, 2014
Is it possible that yachts can serve as an economic indicator?

For public good, not for profit.

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