Update: FLIP, Famous Flipping Research Platform, Saved From Scrapping

In August of last year, we bade a sad farewell to the Floating Instrument Platform, known as FLIP, which after 61 years of service, had been retired and was scheduled to be sent to a scrapyard. Fortunately, our reporting was … Continue reading

France & Germany Seize Oligarchs’ Yachts, Others Flee Sanctions

The net of sanctions is tightening around the superyachts owned by Russian oligarchs. Yesterday, Germany seized the 512-foot yacht Dilbar, valued at nearly $600 million, owned by Russian billionaire Alisher Usmanov, who faces European Union sanctions over Russia’s invasion of … Continue reading