Superyacht Axioma Auctioned in Gibraltar — First Sale of an Oligarch’s Yacht Since Ukraine Invasion

Axioma, a $75-million superyacht linked to a sanctioned Russian steel billionaire, was auctioned on Tuesday in Gibraltar, court sources said, in what is understood to be the first sale of its kind since Russia invaded Ukraine in February. The 72.5-meter … Continue reading

Update: Who Owns MSC Gayane? Does it Matter?

Recently, we posted about the MSC Gayane, the container ship seized on Monday by US Customs following a $1.3 billion cocaine bust last month in Philadelphia. We said that the ship was not owned by Mediterranean Shipping Company (MSC) but by … Continue reading