Antigua officially seizes Russian super yacht

More than a year after the US and western nations had imposed sanctions on Russian oligarchs linked to the regime of President Vladimir Putin, Antigua’s government this week officially took possession of a super yacht that was left stranded in its main harbor, apparently abandoned by its frightened owner.

Authorities say they are anxious to dispose of the 267-foot Alfa Nero as it is costing taxpayers millions of dollars to maintain its onboard crew as well as the vessel while being a hambug to the marina where it has been tied up since Russia invaded neighboring Ukraine more than a year ago. Boat owners whose vessels also use the marina say they are upset that the vessel has a malfunctioning sewage system, meaning that they crew rather than properly disposing of waste simply dumps it overboard, much to the chagrin of others.

Port Authority Manager Darwin Telemaque on Tuesday handed over official documents of seizure and possession to the crew after meeting with the stranded men and their attorneys.

Before making the move to officially seize the vessels and prepare it for international auction, parliament had to amend local legislation allowing for such and to cover other legal loopholes in this unprecedented case that could put Antigua smack in the middle of Cold War era like politics. Prime Minister Gaston Browne says money from the sale will be used for national development. The main opposition United Progressive Party (UPP) has warned him not to do so, suggesting it be placed in escrow in case there are overnight international situations that could lead to near future demands for the payment. Browne also says he is worried that the vessel is now uninsured. No one will be paid if a fire breaks out and other vessels are damaged, he said.

Officials say they already have offers for up to $80 million but this figure could change when it is formally put on the auction market.

Port Authority Chief Telemaque notes that government has a few more steps to take before all issues are dealt with.

“There are five things that we must do now, one is to resolve the issue of the crew which is our primary responsibility under international maritime law, and also because we have designated seafarers in Antigua as essential workers. When that is done, we will engage in the process of maintaining and sustaining the ship. Third, we will engage with security personnel. Fourth would be the flagging of the ship. The final component is to discuss the issue of liability insurance is very important for the vessel, marina and the crew,” he told reporters.

The vessel boasts of a gym, a spa and pool which can be transformed hydraulically into helipad or dance floor, depending on needs.