Antigua investigates yacht with possible Abramovich ties

FINANCIAL TIMES: The Antiguan authorities is investigating a yacht with obvious hyperlinks to Russian oligarch Roman Abramovich.

The 67-metre explorer vessel, named Garçon, is moored in Falmouth Harbour marina within the southern tip of the Caribbean island, in line with database MarineTraffic. This month Antigua stated it might implement all US, EU and UK sanctions on Russian entities and people.

The yacht, which is constructed to hold helicopters and an “armada of water toys”, together with a submarine and jet-skis, operates as a help vessel for megayachts.Possession of the vessel transferred to a British Virgin Islands-domiciled firm known as Wenham Abroad Restricted in January 2021, in line with maritime database Equasis. Studies on the time stated the last-known asking worth earlier than the sale was €24mn.

In accordance with plane registration paperwork, Wenham is the proprietor of a Boeing 787 non-public jet that earlier press reviews have recognized as being linked to Abramovich.

Abramovich can also be named because the proprietor of Wenham in a non-public airplane possession database seen by the FT.

Abramovich, the billionaire proprietor of at the very least two megayachts, has been positioned underneath sanctions by the UK and EU however has not had any imposed by the US.

Ronald Sanders, Antiguan Barbudan ambassador to the US, stated his authorities was investigating the yacht’s possession and had sought assist from the US and UK authorities.“Now we have sought help from different jurisdictions to find out the possession of the boat. Now we have tried our greatest to see whether or not this factor is certainly owned by Abramovich,” he stated, after being approached by the Monetary Instances with questions concerning the Garçon’s possession. “Now we have consulted extensively and we haven’t provide you with the solutions. We will’t discover a hyperlink and nobody can inform us if there’s a hyperlink to Abramovich.”

The Garçon was underneath administration by Isle of Man-based Döhle Yachts as of August 2021, in line with Equasis information. One individual with information of the matter informed the FT that Döhle just lately resigned from the contract. Döhle didn’t reply to requests for remark.

This individual stated that the Garçon proprietor was Abramovich and added that Abramovich could also be searching for to switch helpful possession of the ship. Abramovich didn’t reply to a request for remark.

The Garçon was beforehand owned by Ukrainian billionaire Yuriy Kosiuk, the founder and chief govt of MHP, Ukraine’s main meals provider. Kosiuk additionally bought his different yacht, an 87-metre vessel known as ACE, which the Garçon was constructed to help, final 12 months. MHP declined to remark.

The Garçon is “able to accommodating varied helicopter fashions together with a Bell 365 and an armada of water toys together with a 4-person submarine, jet ski and tenders . . . She will be able to accommodate further crew and has huge quantities of toys and space for storing for further provisioning,” in line with advertising materials from yacht brokerage Fraser.

One professional in superyachts described the boat as a “very hardcore explorer yacht”.

“It could have its personal stand-alone makes use of,” he informed the FT. “However what you see much more of nowadays is this type of help yacht that principally follows the large yacht and carries toys, crew and different issues.”

The whereabouts of Abramovich’s superyachts have come underneath scrutiny after two of his vessels -the 163-metre hull Eclipse and the 140-metre Solaris — sailed to Turkish ports final week.

The arrival of the vessels in Turkey has sparked issues that the nation is turning into a haven for oligarchs which have had sanctions imposed on them, given the nation’s reluctance to enroll to sweeping sanctions towards Russia.

Extra reporting by Laura Hughes

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