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UPDATE: Fate Of Russian Billionaire Alisher Usmanov’s Mega-Yacht In Germany Uncertain

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Alisher Usmanov's Dilbar yacht.

CORRECTION (March 3): According to the Ministry for Economy and Innovation in the German state of Hamburg, the country’s authorities have not seized the Dilbar, a 512-foot yacht owned by sanctioned Russian billionaire Alisher Usmanov. As Forbes reported on Wednesday, work on the ship has been halted at the Hamburg shipyard where it has been stationed for refitting work since October.

Three sources had told Forbes it had been seized, but a representative for Usmanov cited the statement from the ministry in Hamburg to confirm that it had not. In its statement, the ministry elaborated that the German federal customs agency is the “responsible enforcement authority” and would have to issue an export waiver for the yacht to leave, and that “no yacht leaves port that is not allowed to do so.”

The yacht is registered in the Cayman Islands and owned through Klaret Continental Leasing Limited, a company based in Malta, according to public data from vessel tracking service VesselFinder. A spokesperson for the Malta Business Registry told Forbes that Klaret Continental Leasing Limited was a branch of a Cyprus-based company which closed in December 2018. The Cyprus company, also named Klaret Continental Leasing Limited, was dissolved in September 2019, according to corporate records in Cyprus. A spokesperson for Usmanov told the Organized Crime and Corruption Reporting Project , which Forbes is collaborating with on assets linked to Russian oligarchs, that the yacht had “long ago been transferred into an irrevocable trust” and that Usmanov had “donated” the beneficial rights to members of his family. That makes it difficult to tie the yacht directly to Usmanov for the purpose of sanctions.

In its statement, the ministry in Hamburg added that restrictions can be imposed on a yacht owned by a sanctioned Russian individual only “if the ownership situation is clearly clarified and all these possessions are also sanctioned.” The ministry confirmed to Forbes that the yacht is still in the dock at the Hamburg shipyards of Blohm+Voss.

Forbes contacted the German Ministry of Economic Affairs and the Federal Customs Service but has not received an immediate response.

Russian billionaire Alisher Usmanov was sanctioned by the European Union on Monday. Two days later, Forbes has learned from three sources in the yacht industry that work has been halted on one of his prized possessions—the 512-foot yacht Dilbar, valued at nearly $600 million—in the northern city of Hamburg, where it had been stationed for refitting at the shipyards of Blohm+Voss since October.

The ship has been in the Hamburg shipyards of German shipbuilding firm Blohm+Voss since late October for a refitting job. Sources who spoke to Forbes said that the German government froze the asset and that, likely as a result, Blohm+Voss employees who had been working on the yacht didn’t show up to work on Wednesday. A spokesperson for Lürssen, the German shipbuilder which owns Blohm+Voss, declined to comment on Thursday. “All orders and projects of the Lürssen Group and its subsidiaries are treated in accordance with the applicable laws and regulations,” the spokesperson said. Representatives for Usmanov didn’t immediately respond to a request for comment.

Usmanov purchased Dilbar in 2016 for a reported $600 million from Lürssen, which custom-built it for him over 52 months. The firm calls it "one of the most complex and challenging yachts ever built, in terms of both dimensions and technology." At 15,917 tons, it's the world's largest motor yacht by gross tonnage, and is typically manned by a crew of 96 people. Dilbar boasts the largest swimming pool ever installed on a yacht as well as two helicopter pads, a sauna, a beauty salon, and a gym. Its plush interiors have more than 1,000 sofa cushions and it can host up to 24 people in 12 suites.

The yacht is part of Usmanov’s estimated multibillion dollar fortune, which spans stakes in iron ore and steel giant Metalloinvest and consumer electronics firm Xiaomi, as well as smaller holdings in telecom, mining and media. One of the earliest investors in Facebook along with fellow billionaire Yuri Milner , Usmanov also owns extensive real estate assets in the West, ranging from two estates in the UK—Beechwood House in London and Sutton Place in Surrey, valued at a combined $280 million—to luxury homes in Munich, Germany; Lausanne, Switzerland; Monaco; and Sardinia.

Usmanov sold his 30% stake in English soccer team Arsenal F.C. in 2018 for nearly $700 million in cash, but until this week had ties to soccer through his USM Holdings and MegaFon sponsorships of Everton F.C. The Premier League team said on Wednesday that it was suspending the arrangements in light of Russia’s attack on Ukraine. Usmanov isn’t the only Russian billionaire with a mega-yacht: Forbes and yacht valuation experts VesselsValue tracked down 32 of them.

On Tuesday, Usmanov commented on the EU sanctions imposed on him in a statement to the International Fencing Federation where he also announced he was stepping down as the organization’s president. “I believe that such decision is unfair, and the reasons employed to justify the sanctions are a set of false and defamatory allegations damaging my honor, dignity, and business reputation," he wrote. "I will use all legal means to protect my honor and reputation."

Updated on March 30 with more information on Klaret Continental Leasing Ltd.

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Dilbar – the world’s largest super yacht

Dilbar – the world’s largest super yacht launched on 14 November 2015 at the Lürssen shipyard.

It was built as Project Omar. The interior design of Dilbar was designed by Andrew Winch. The exterior by Espen Oeino.

As of 2020, Dilbar Mega Yacht is the sixth longest yacht in the world. At 15,917 gross tons, it is the third largest yacht by volume, after Fulk Al Salamah and REV Ocean.

The length of the yacht is 156 m, with a beam of 24 m and a draft of 6.1 m.

Dilbar features a displacement steel hull with an aluminium superstructure. High quality teak is the selected material for decks. This yacht meets “Lloyd’s Register classification society rules”. Also, Dilbar meets “Safety of Life at Sea” requirements. Her flag state is Cayman Islands.

These include a 25-meter swimming pool that holds an incredible 180 m³ of water, the largest pool ever to have been installed on a yacht. Espen Øino International was exterior designer. Her spectacular interior, created by the Winch Design team, uses rare and exclusive luxury materials.

We know that it has two hellipads and 41,000 square feet of living space, but beyond that, details on the yacht are few and far between.

Dilbar, the world’s largest super yacht owner

Dilbar was custom-built for Alisher Usmanov, a 62-year-old Russian billionaire who is one of Arsenal FC’s largest shareholders. Usmanov has an estimated networth of $13.4 billion USD, making him one of Russia’s richest citizens. The billionaire’s new yacht completed sea trials earlier in the year and was recently spotted around Gibraltar and France. Unfortunately, as is the case with many vessels custom built for the super-rich, the details of Dilbar’s interior and amenities remain a secret.

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By itself, a personal helicopter is a fact already speaking about the viability of its owner, and here he is like a small detail. Well, a helicopter and a helicopter.

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In Video: 156m mega yacht DILBAR docked at Lurssen

The 156m/511.9ft Lürssen luxury yacht DILBAR is currently in Dock 10 (previously occupied by the recently launched 146m mega-yacht PROJECT OPERA ), after undergoing repairs at the Hamburg facilities.

Mega yacht DILBAR – Photo © DrDuu

DrDuu captured her return to Bremen from Hamberg in the early hours of the 22 nd of September, where she was towed without crew or power to the engines. After being placed in the currently unoccupied Dock 10, she was towed onto Berne.

Aerial view of DILBAR at Lurssen – Photo © DrDuu

By volume, M/Y DILBAR is the world’s largest yacht at 15,917 GT, and one of the world’s top ten largest yachts in terms of length. She was custom built and launched in 2016, with exterior styling by Espen Oeino International and interiors from Winch Design .

Superyacht DILBAR at Lurssen – Photo © DrDuu

Among her amenities is a 25m/82ft indoor swimming pool, sauna, massage room, cinema, two helipads and several indoor and outdoor social areas. The overnight accommodation is designed for up to 24 guests across 12 en-suite cabins, and a crew of 96.

VIDEO OF M/Y DILBAR BEING TRANSPORTED INSIDE DOCK 10:

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France seizes yacht linked to Russian oligarch at Mediterranean port

Vessel linked to Igor Sechin taken as Hamburg authorities deny confiscation of Alisher Usmanov’s $600m superyacht

• Russia-Ukraine crisis: live news

France’s finance minister has announced the country has seized a yacht linked to Rosneft boss, Igor Sechin, in the Mediterranean port of La Ciotat, as German local authorities denied reports they had also seized the $600m superyacht belonging to Russian billionaire Alisher Usmanov .

French finance minister, Bruno Le Maire, said it had seized a yacht linked to Rosneft boss Igor Sechin in the Mediterranean port of La Ciotat.

The finance ministry said the yacht was owned by an entity of which Sechin had been identified as the main shareholder.

The announcement came as authorities in Hamburg denied reports that Usmanov’s yacht had been seized in a shipyard in the German port city.

“No yachts have been confiscated,” a spokesperson for Hamburg’s economic authority said. “A handover [of the yacht to its owner] is also currently not planned. No yacht is going to leave the port that is not allowed to do so.”

The Hamburg local authority said any order to seize properties subject to sanctions would have to come from higher federal customs authorities.

A Forbes report citing three sources in the yacht industry had reported on Usmanov’s 156-metre (512-foot) yacht Dilbar, valued at $600m and regarded as the largest motor yacht in the world by gross tonnage, was seized by German authorities on Wednesday.

Usmanov was on a list of billionaires to face sanctions from the European Union in response to Russia’s 24 February invasion of Ukraine .

Usmanov’s 156-metre (512-foot) yacht Dilbar, valued at $600m and regarded as the largest motor yacht in the world by gross tonnage, was seized by German authorities on Wednesday, according to a Forbes report based on three sources in the yacht industry.

The Guardian understands that repair works on the Dilbar yet have currently been put on hold, and that the ship is not in a seaworthy state.

The yacht has been in the yards of shipbuilding firm Blohm+Voss since late October. A spokesperson declined to give a statement but said that all projects by shipbuilder Lürssen would be treated “in accordance with the law”.

Forbes reported that representatives for Usmanov did not immediately respond to a request for comment.

Ukraine’s adviser to the minister of internal affairs, Anton Geraschenko, responded to the report on Telegram by saying the yacht should be sent to Ukraine and refitted as a missile cruiser.

Usmanov bought Dilbar in 2016 for a reported cost of $600m from German shipbuilder Lürssen, which custom-built it for him over 52 months.

The firm describes it as “one of the most complex and challenging yachts ever built, in terms of both dimensions and technology”.

At the time of its launch, Lürssen CEO, Peter Lürssen, said : “Dilbar has the most advanced security technologies of any superyacht in the world. But the things you read about it containing an anti-aircraft missile defence system are all nonsense.”

At 15,917 tonnes, it’s the world’s largest motor yacht by gross tonnage, and is typically staffed by a crew of 96 people, with space for 24 passengers in 12 suites. It has the largest pool ever installed on a yacht as well as two helicopter pads, a sauna, a beauty salon and a gym.

At least five other superyachts owned by Russian billionaires are now anchored or cruising in Maldives, an Indian Ocean island nation that does not have an extradition treaty with the US, ship tracking data showed.

The vessels’ arrival in the archipelago off the coast of Sri Lanka follows the imposition of severe western sanctions on Russia.

The Clio superyacht, owned by Oleg Deripaska, the founder of aluminium giant Rusal, who was sanctioned by the US in 2018, was anchored off the capital Male on Wednesday, according to shipping database MarineTraffic.

The Titan, owned by Alexander Abramov, a cofounder of steel producer Evraz, arrived on 28 February.

Three more yachts owned by Russian billionaires were seen cruising in Maldives waters on Wednesday, the data showed. They include the 88-metre (288 ft) Nirvana owned by Russia’s richest man, Vladimir Potanin . Most vessels were last seen anchored in Middle Eastern ports earlier in the year.

A spokesperson for Maldives’ government did not respond to a request for comment.

The US has said it will take strict action to seize property of sanctioned Russians.

“This coming week, we will launch a multilateral transatlantic taskforce to identify, hunt down, and freeze the assets of sanctioned Russian companies and oligarchs: their yachts, their mansions, and any other ill-gotten gains that we can find and freeze under the law,” the White House said in a tweet on Sunday.

Washington imposed sanctions on Deripaska and other influential Russians in 2018 because of their ties to president Vladimir Putin after alleged Russian interference in the 2016 US election, which Moscow denies.

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DILBAR Interior & Exterior Photos

156m  /  511'10 | lurssen | 2016.

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Mega Yacht Dilbar Joins P&O And Cunard Ships

• 8th June 2020

Geoff Moore

• Discover Dorset , Featured Slider , Latest News , Travel Videos

Mega Yacht Dilbar has joined a fleet of cruise liners anchored off the World Heritage Jurassic coast of Dorset.

Mega yacht Dilbar one of the largest in the world.

Mixing in with the big boys or should it be buoys? Although, with her sophisticated navigation system she does not need to use physical anchors! A series of thruster’s keeps her in the correct GPS location entered by the captain.

Rated in some classes she is one of the biggest yachts in the world measuring in at over 15,000 tonnes with a length of 512 feet.

Mega yacht Dilbar one of the largest in the world joins 5 cruise ships anchored off the Jurassic Coast in Dorset.

Arriving off the coast to join a cluster of P&O and Cunard cruise ships.  They are currently sheltering during the Covid19 UK lockdown in Weymouth Bay.

The ship is thought to be owned Russian billionaire Alisher Usmanov who’s wealth is estimated at around $16 billion, which could make him the countries fifth wealthiest man.

Mega Yacht Owner from Russia

However, he is certainly well known in business circles as the main shareholder of USM Holdings, who made his money in metal, media, telecommunications and sport.

Dilbar is the fourth largest yacht in the world by length.  However, the biggest in terms of gross tonnage and huge interior volume.

She has a 30,000kw diesel electric power plant. This too, is thought to be a record for a mega-yacht , giving her an impressive cruising speed of 22.5 knots.

The vessel is equipped with an Airbus H175 helicopter .

Mega yacht Dilbar one of the largest in the world anchored off the Jurassic Coast in Dorset.

At 15,917 gross tonnage the yacht Dilbar is considered one of the largest yachts built by the German company Lürssen .

Every Aspect Is Mega On This Yacht

With a length of 512feet beam of 24-metres (79ft) and a draft of 6-metres (20ft), Dilbar boasts a combined 3,800 square metres of living space onboard.

Originally built under project name of Omar.  The 156-metre mega yacht Dilbar was launched in 2016 after nearly a five-year long build.

Mega yacht Dilbar anchored off the Jurassic Coast in Dorset.

Certainly, there is luxury all the way for those lucky enough to be invited on board.  She can accommodate around 40 guests across 20 cabins, and you could be taken care of by a crew of up to 96.

Featuring not one, but two helipads.  Dilbar’s dedicated H175 helicopter can take seven passengers. The two helipads are located on the bow and aft of the upper deck.

Mega yacht Dilbar  joined 5 cruise ships anchored off the Jurassic Coast in Dorset.

Even if surrounded by the ocean on Dilbar you can get wet on board too in its 25-metre pool. Again another record,  one of the largest pools ever installed on a mega-yacht.

The exterior design is of a classic profile with a light ivory hull and bronze accents. It was developed by Espen Øino International. Her spectacular interior, created by the Winch Design team, uses rare and exclusive luxury materials.

Award winning blogger and travel writer/photographer, I have travelled the world in one way or another for 30 years. I am a member of the British Guild of Travel Writers for over 13 years. In the ever-changing world of publishing and online media it now requires that I have media skills across all areas. That now also includes video production. My travel images appear in magazines, newspapers and publications all over the world I am now blogging about all aspects of travel.

MONARCH FLIES ON AFTER £165M CASH INJECTION

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With more cruise ships coming to Portland and the industry opening up again a passenger…

SHARM EL SHEIKH FLIGHTS STILL GROUNDED

Imagine…. All that design, engineering, artwork, construction, and money… And then he gives it a name like “Dilbar” !

I think its his mothers name.

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• Dilbar superyacht

Extravagant Dilbar superyacht in Barcelona harbour…

-> discover the history of the port of barcelona during the tour the born and barceloneta.

Mind-Blowing Photos of Mega Yachts Ona (ex. Dilbar) and Dilbar in Monaco

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Written by Maria Korotaeva

Launched in 2008 by the famous German shipbuilder Lurssen , mega yacht Ona (ex. Dilbar) is a breathtaking 110-metre luxury vessel. She was designed by Tim Heywood , and her exterior resembles superyacht Pelorus and Radiant . Ona is an outstanding full-displacement vessel built to the highest quality.

110m Ona (ex. Dilbar) in Monaco. Photo credit @j_b_photography__

Alberto Pinto worked on the opulent interior design of Ona. Accommodation layout of Ona comprises of at least ten luxurious cabins to accommodate 20 guests, assisted by a crew of 47. Mega Yacht Ona has two helipads, which make her a truly lavish yacht.

Stunning Ona (ex. Dilbar) in Monaco with her underwaterlights on. Photo credit @j_b_photography__

Mega Yacht Ona (ex. Dilbar) and the best company ever: Superyachts Madame GU, Royal Romance, Atlantis 2 and Hermitage. Photo credit @j_b_photography__

Built from steel and aluminium, Ona is powered by 2 MTU diesel engines and can reach a top speed of 21 knots. Ona boasts zero-speed stabilisers for comfortable cruising in her favourite destination.

Ona (ex. Dilbar) and Royal Romance spotted in Monaco. Photo credit @j_b_photography__

Luxury motor yacht Dilbar (ex. Project Omar) is a 156m enormous vessel, also built by Lurssen. Dilbar was delivered last year and made to the top 10 most popular superyachts of 2016. Dilbar features a total of 3,800 sqm of living spaces and has amazing 18,000 registered tonnage.

Dilbar using dynamic position with Monaco in the background. Photo credit @j_b_photography__

Bird-eye view on mega yacht Ona (ex. Dilbar). Photo credit @j_b_photography__

Dilbar was designed by one of the leading superyacht designers, Espen Oeino .

Mighty Dilbar in Monaco. Photo credit @j_b_photography__

Front view of Dilbar at night in Monaco. Photo credit @j_b_photography__

The “new Dilbar” and the “old Dilbar”, as many call these yachts, are regular visitors of the beautiful places in the Mediterranean , especially  Monaco , Nice , St Tropez and Cannes .

Please contact CharterWorld - the luxury yacht charter specialist - for more on superyacht news item "Mind-Blowing Photos of Mega Yachts Ona (ex. Dilbar) and Dilbar in Monaco".

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Die 2016 ausgelieferte Dilbar ist die größte Motoryacht der Welt nach Bruttotonnage. Sie ist eine der komplexesten und anspruchsvollsten Yachten, die jemals gebaut wurden, sowohl bezüglich ihrer Dimensionen als auch ihrer Technologie. Mit 15.917 Tonnen bietet die 156-Meter-Superyacht Unterhaltungs- und Erholungsflächen, die noch nie auf einer Yacht zu sehen waren. Dazu gehört ein 25-Meter-Pool mit 180 m³ Wasservermögen, der größte Pool, der jemals auf einer Yacht installiert wurde. Das Außendesign, ein klassisches Profil mit hellem elfenbeinfarbenem Rumpf und bronzefarbenen Akzenten, wurde von Espen Øino International entwickelt. Ihr spektakuläres Interieur, das vom Team Winch Design entworfen wurde, umfasst seltene und exklusive Luxusmaterialien.

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The global megarich are paying up to $2 million a week for superyacht rentals but smaller boat charters are down

Sales of luxury yachts may be down but the world’s megarich have found another, more instantaneous way to get their high seas kicks — chartering a swanky boat instead.

Total chartered days for yachts longer than 50 meters has increased since 2020, according to  IYC , a global firm specializing in the sale and charters of luxury yachts. Vessels between 60 to 70 meters posted the most growth last year, at 10%, whereas shorter yachts aren’t nearly as popular as before.

IYC Chief Executive Officer  Raphael Sauleau  said he’s seeing more customers willing to pay a higher premium for the ultimate ocean experience. Clients are willing to pay more for a so-called advanced provisioning allowance, which covers on-board expenses like food and service, of up to 40% compared to the standard 30% of the total charter fee, he said.

New customers are coming to yachting “with an appetite for larger yachts,” Sauleau said. Compared with smaller vessels, these floating villas come with more privacy, better facilities and a larger crew. A bigger range of large models that’s become available over the past three years has also contributed to higher bookings, he added.

Fraser Yachts , a major international broker, is experiencing a similar phenomenon, receiving 7% more charter bookings for yachts over 60 meters in 2023 versus prior years. Across yachts of all sizes however, the number of charter days reported last year was 19% down on 2021.

It’s a quirk that would seem to chime with the trend of super luxury brands defying a broader luxury slowdown. Hermes International SCA, for example, saw Chinese buyers  snap up its products . Hermes typically caters to the most affluent customers, making it more resilient in a challenging luxury goods market.

At the same time, sales of floating palaces are waning, the Superyacht Times said in a  report  in March. Sales of superyachts, generally defined as boats longer than 30 meters, contracted 20% in 2023 from 2022 and are well down on 2021, when many rich people splurged on boats to travel in a safe and exclusive way.

Stacy Fischer-Rosenthal , the president of luxury travel and lifestyle consultancy Fischer Travel Enterprises, said she’s expecting to help clients charter at least 10 yachts this year. Most of the interest is around megayachts — or yachts above 60 meters — and prices range from about $700,000 to $2 million a week, she said.

Wealthy people may be shying away from outright purchases due to geopolitical worries and global conflicts.

Fear of more widespread fighting in the Middle East and Russian’s war in Ukraine “seem to make some buyers nervous, particularly those in the market for very large new builds,” the Superyacht Times said.

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