yacht polestar owner

The global authority in superyachting

• NEWSLETTERS
• Yachts Home
• The Superyacht Directory
• Yacht Reports
• Brokerage News
• The largest yachts in the world
• The Register
• Yacht Advice
• Yacht Design
• 12m to 24m yachts
• Monaco Yacht Show
• Builder Directory
• Designer Directory
• Interior Design Directory
• Naval Architect Directory
• Yachts for sale home
• Motor yachts
• Sailing yachts
• Explorer yachts
• Classic yachts
• Sale Broker Directory
• Charter Home
• Yachts for Charter
• Charter Destinations
• Charter Broker Directory
• Destinations Home
• Mediterranean
• South Pacific
• Rest of the World
• Boat Life Home
• Owners' Experiences
• Conservation and Philanthropy
• Interiors Suppliers
• Owners' Club
• Captains' Club
• BOAT Showcase
• Boat Presents
• Events Home
• World Superyacht Awards
• Superyacht Design Festival
• Design and Innovation Awards
• Young Designer of the Year Award
• Artistry and Craft Awards
• Explorer Yachts Summit
• Ocean Talks
• The Ocean Awards
• BOAT Connect
• Between the bays
• Golf Invitational
• BOATPro Home
• Superyacht Insight
• Global Order Book
• Premium Content
• Product Features
• Testimonials
• Pricing Plan
• Tenders & Equipment

POLESTAR, a 70.2 m Motor Yacht built in Italy and delivered in 2021, is the flagship of Rossinavi .

Her top speed is 17.0 kn, her cruising speed is 15.0 kn, and she boasts a maximum cruising range of 6000.0 nm at 12.0 kn, with power coming from two Marelli Motori electric engines. She can accommodate up to 12 guests in 6 staterooms, with 17 crew members. She has a gross tonnage of 1542.0 GT and a 12.7 m beam.

She was designed by Team For Design - Enrico Gobbi , who also designed the interior. Team For Design - Enrico Gobbi has designed 30 yachts and designed the interior of 34 yachts for yachts above 24 metres.

The naval architecture was developed by Arrabito Naval Architects , who has architected 42 other superyachts in the BOAT Pro database - she is built with a Teak deck, a Steel hull, and Aluminium superstructure.

POLESTAR is in the top 5% by LOA in the world. She is one of 117 motor yachts in the 70-80m size range, and, compared to similarly sized motor yachts, her cruising speed is 0.31 kn above the average.

POLESTAR is currently sailing under the Cayman Islands flag, the 2nd most popular flag state for superyachts with a total of 1414 yachts registered. She is known to be an active superyacht and has most recently been spotted cruising near Italy. For more information regarding POLESTAR's movements, find out more about BOATPro AIS .

Specifications

• Name: POLESTAR
• Previous Names: POLARIS
• Yacht Type: Motor Yacht
• Yacht Subtype: Displacement , Expedition Yacht
• Builder: Rossinavi
• Naval Architect: Arrabito Naval Architects
• Exterior Designer: Team For Design - Enrico Gobbi
• Interior Designer: Team For Design - Enrico Gobbi

Yacht featured in

Yachts like this, from our partners, sponsored listings.

70.16 m – 230 ft 2 in

12.67 m – 41 ft 7 in

3.35 m – 11 ft 0 in

Diesel-Electric

3x Cat C32 - 3x 1,081 bkW @ 2,000-2,300 rpm

2x Cat C9.3 - 2x 355 bkW @ 2,300 rpm 

> 6,500 nm @ 12 kn

Team For Design – Enrico Gobbi

Arrabito Naval Architects

When you think you are lost, look up 

and follow the North Star.

Sophisticated yacht design for remote, ice destinations .

The new 70 meters super yacht, Polestar, is able to navigate in extreme ice conditions, including the Arctic. Polestar’s point of difference is that it has been developed with an emphasis on yachting lifestyle, able to move from the warm waters of the Caribbean to the sub-zero conditions of Antarctica. The harmonious design features of the yacht see as much emphasis on the aesthetics and amenities as the technical abilities of the boat.

High Power III

• THE PRINCESS PASSPORT
• Email Newsletter
• Yacht Walkthroughs
• Destinations
• Electronics
• Boating Safety
• Ultimate Boating Giveaway

• Cruising and Chartering

Fraser Welcomes ‘Polestar’ to the Charter Fleet

• By Yachting Staff
• July 27, 2023

Polestar , which, at 229 feet long, is the largest-ever Rossinavi build, is now part of the Fraser charter fleet.

The 2021 launch accommodates 12 guests in six staterooms. Plans are to offer charters this summer in France and Italy, with the owner considering other locations on request.

For winter 2023-24, Polestar is expected to be available for bookings in the Indian Ocean.

“ Polestar showcases the perfect balance of elegance and performance,” charter manager Alexia Eude stated in a press release. “She boasts an impressive range, making her ideal for long-range cruising adventures. Guests can expect top-notch service and expertise while on board this magnificent yacht .”

What’s the lowest weekly base rate to charter Polestar ? It’s about $785,000.

How to book a week on board: contact a charter broker at fraseryachts.com

• More: Charter , Cruising & Chartering , Fraser Yachts , Rossinavi , Yacht Charter
• More Cruising and Chartering

Cruising The Exumas

Luxury Yacht Charters: Inclusive Options Await

New Mediterranean Charter Options

Reflections on Offshore Sailing

For Sale: Riviera Belize 54 Daybridge

Halo 470 Reviewed

Superyacht Collision, Sinking Incident, Takeaways and Lessons

• Digital Edition
• Customer Service
• Privacy Policy
• Terms of Use
• Email Newsletters
• Cruising World
• Sailing World
• Salt Water Sportsman
• Sport Fishing
• Wakeboarding

POLESTAR Rossinavi

• Inspiration

POLESTAR has 22 Photos

Rossinavi News

46m superyacht 2 LADIES offering a ...

Similar yachts.

FREEDOM | From US$ 500,000/wk

• Yachts >
• All Yachts >
• All Motor Yachts Over 100ft/30m >

If you have any questions about the POLESTAR information page below please contact us .

Luxury super yacht POLESTAR (ex Polaris, Project King Shark) is a full displacement vessel measuring 70m/230ft and constructed with a steel hull and aluminium superstructure to Ice-class standards. At her launch in January 2021, she is the largest luxury yacht which was constructed by the Italian shipyard Rossinavi. The naval architecture comes from Arrabito Naval Architects with exterior and interior styling from Enrico Gobbi – Team for Design. The accommodation provides for up to 12 guests across six en-suite cabins, with a professional crew of 18 for safe and exciting cruises around the world.

NOTABLE FEATURES OF POLESTAR: ~Main deck aft infinity pool with whirlpool jets ~Owner's deck with waterfalls surrounding private terrace ~Main salon waterfall feature with backlit onyx ~Soundproofed cinema ~Wellness centre with massage room, hammam, sauna and more ~Extensive storage for tenders and water toys ~Exhaustive cruising range of more than 6,000 nautical miles ~Well-equipped gym and yoga area ~Air conditioning ~Wi-Fi

The exterior layout has yet to be revealed by the shipyard, however, the main deck aft features a 6m/19.7ft infinity pool with a whirlpool system.

E/Y POLESTAR has an Owner's deck with a private terrace complete with a surrounding waterfall, a main salon with a waterfall flowing down a back-lit onyx panel, plus a soundproofed cinema with wall dividers covered in crystal staves. There is also a wellness centre with a sauna, hammam, massage room, yoga area and fully-equipped gym. Storage is abundant on board for a range of onboard water toys and tenders, including six jet skis and two tenders, one being a full-custom 10m/32.8ft tender built by Rossinavi.

POLESTAR Specifications

The diesel-electric propulsion consists of twin Marelli Motori 1,866 kW electric motors and triple Cat C32 1,081 bkW generators as well as a pair of Cat C9.3 355 bkW generators to reach a top speed of 17 knots, a cruising speed of 15 knots and a range exceeding 6,000 nautical miles.

Yacht Accommodation

The accommodation sleeps a maximum of 12 guests over 6 en-suite cabins: 1 Master suite and 5 further guest cabins. The crew of 18 are accommodated over 10 cabins.

Amenities and Extras

We do have available further amenity, owner and price information for the 70.16 m (230' 2") yacht POLESTAR, so please enquire for more information.

POLESTAR Disclaimer:

The luxury yacht POLESTAR displayed on this page is merely informational and she is not necessarily available for yacht charter or for sale, nor is she represented or marketed in anyway by CharterWorld. This web page and the superyacht information contained herein is not contractual. All yacht specifications and informations are displayed in good faith but CharterWorld does not warrant or assume any legal liability or responsibility for the current accuracy, completeness, validity, or usefulness of any superyacht information and/or images displayed. All boat information is subject to change without prior notice and may not be current.

Quick Enquiry

ENDEAVOUR | From US$ 371,980/wk

SHERAKHAN | From EUR€ 450,000/wk

SALUZI | From EUR€ 480,000/wk

Please use a modern browser to view this website. Some elements might not work as expected when using Internet Explorer.

• Landing Page
• Luxury Yacht Vacation Types
• Corporate Yacht Charter
• Tailor Made Vacations
• Luxury Exploration Vacations
• View All 3698
• Motor Yachts
• Sailing Yachts
• Classic Yachts
• Catamaran Yachts
• Filter By Destination
• More Filters
• Latest Reviews
• Charter Special Offers
• Destination Guides
• Inspiration & Features
• Mediterranean Charter Yachts
• France Charter Yachts
• Italy Charter Yachts
• Croatia Charter Yachts
• Greece Charter Yachts
• Turkey Charter Yachts
• Bahamas Charter Yachts
• Caribbean Charter Yachts
• Australia Charter Yachts
• Thailand Charter Yachts
• Dubai Charter Yachts
• Destination News
• New To Fleet
• Charter Fleet Updates
• Special Offers
• Industry News
• Yacht Shows
• Corporate Charter
• Finding a Yacht Broker
• Charter Preferences
• Questions & Answers
• Add my yacht

POLESTAR Interior & Exterior Photos

70.15m  /  230'2   rossinavi   2021.

• Previous Yacht
• Amenities & Toys
• Rates & Regions
• + Shortlist

Charter Polestar

To charter this luxury yacht contact your charter broker or

SIMILAR YACHTS FOR CHARTER

62m | J.J. Sietas

POA ♦︎

67m | Shadow Marine

from $120,000 p/week

59m | Fr. Schweers Shipyard

from $350,000 p/week

78m | Piriou

from $480,000 p/week

60m | Brooke Marine

from $314,000 p/week

69m | Svendborg Skibsvaerft

from $133,000 p/week ♦︎

Bleu De Nimes

72m | Clelands Shipbuilding Co

from $545,000 p/week ♦︎

56m | Turquoise Yachts

from $294,000 p/week

67m | Benetti

from $680,000 p/week

75m | Abeking & Rasmussen

from $834,000 p/week ♦︎

Come Together

60m | Amels

from $450,000 p/week

71m | Richards Shipbuilders

from $322,000 p/week ♦︎

NOTE to U.S. Customs & Border Protection

SIMILAR LUXURY CHARTER YACHTS

Here are a selection of yachts which are similar to the current charter yacht. To view all similar luxury charter yachts click on the button below.

As Featured In

The YachtCharterFleet Difference

YachtCharterFleet makes it easy to find the yacht charter vacation that is right for you. We combine thousands of yacht listings with local destination information, sample itineraries and experiences to deliver the world's most comprehensive yacht charter website.

San Francisco

• Like us on Facebook
• Follow us on Twitter
• Follow us on Instagram
• Find us on LinkedIn
• Add My Yacht
• Affiliates & Partners

Popular Destinations & Events

• St Tropez Yacht Charter
• Monaco Yacht Charter
• St Barts Yacht Charter
• Greece Yacht Charter
• Mykonos Yacht Charter
• Caribbean Yacht Charter

Featured Charter Yachts

• Maltese Falcon Yacht Charter
• Wheels Yacht Charter
• Victorious Yacht Charter
• Andrea Yacht Charter
• Titania Yacht Charter
• Ahpo Yacht Charter

Receive our latest offers, trends and stories direct to your inbox.

Please enter a valid e-mail.

Thanks for subscribing.

Search for Yachts, Destinations, Events, News... everything related to Luxury Yachts for Charter.

Yachts in your shortlist

Yacht Sank in Sicily Due to ‘Endless Chain of Errors,' Ship Maker's Owner Speculates: ‘Everything Was Predictable’

"A series of activities should have been done to avoid finding oneself in that situation," argues Giovanni Costantino, who owns the firm that built the vessel in 2008

• Giovanni Costantino — who is the CEO of The Italian Sea Group, the company that now owns Perini Navi, which built the  Bayesian  in 2008 — blames an "endless chain of errors" for the luxury yacht’s sinking on Monday, Aug. 19
• "Everything was predictable. I have the weather charts in front of me here," Constantino told Italian newspaper  Corriere della Sera  of the storm the boat was caught in
• "An unsinkable ship but from the crew an endless chain of errors," the CEO claimed to the outlet

The sinking of the luxury Bayesian  yacht off the coast of Sicily this week  resulted from an "endless chain of errors" by the crew, the ship maker's CEO is speculating.

"This episode sounds like an unbelievable story, both technically and as a fact," Giovanni Costantino — who leads The Italian Sea Group, the company that now owns Perini Navi, which built the  Bayesian  in 2008 — said,  according to CNN .

While speaking to  Italian newspaper  Corriere della Sera , Costantino said he believes those on board should not have been in their cabins, as he claims they were, when the Bayesian sank in the early hours of Monday, Aug. 19. 

Many details of why the yacht went into the water so quickly remain unclear and it's not yet known what the passengers and crew were doing before tragedy struck.

The 183-foot British vessel sank around 5 a.m. local time on Monday after a "violent storm" while near Porticello, the Italian coast guard said in a statement that was previously obtained by PEOPLE.

"Everything that has been done reveals a very long sum of errors. The people should not have been in the cabins, the boat should not have been at anchor. And then why didn't the crew know about the incoming disturbance?" Costantino said in his interview, translated from Italian.

Related: Italian Authorities Currently Don’t Have Anyone ‘Under Investigation’ over Luxury Yacht Sinking

"The passengers reported an absurd thing, namely that the storm came unexpected, suddenly. It's not true. Everything was predictable. I have the weather charts in front of me here. Nothing came suddenly ... Ask yourself, why was no fisherman from Porticello out that night? A fisherman reads the weather conditions and a ship doesn't? The disturbance was fully readable in all the weather charts. One could not not know," he argued.

"An unsinkable ship but from the crew an endless chain of errors," the CEO asserted.

The coast guard has said 22 people were aboard the  Bayesian  when it sank — 12 passengers and 10 crew — and that 15 of those were subsequently rescued.

The body of the yacht's chef, Recaldo Thomas, was recovered nearby. 

Costantino's comments came as it was reported that five bodies had been found in the search for the missing six people as of Wednesday, Aug. 21, a source close to the rescue operations confirmed to PEOPLE. Authorities have said that their work is ongoing. 

An Italian government official, Massimo Mariani, reportedly named one of the dead as British tech tycoon Mike Lynch . The other bodies have not yet been publicly identified by authorities. 

Lynch was celebrating with family and friends on the yacht following his acquittal in a fraud trial in June, PEOPLE previously reported.

Related: 'We Are in Shock,' Prominent N.Y.C. Attorney's Firm Says After He and His Wife Go Missing in Yacht Sinking

Costantino offered his view of how the tragedy could have been avoided: "To begin with, in a weather alert situation it was inappropriate to have, as I read, a party. Not that evening. The hull and deck needed to be secured by closing all doors and hatches, after putting the guests at the ship's meeting point as per emergency procedure. Then start the engines and pull up the anchor or release it automatically, put the bow to the wind and lower the keel.

"The next morning they would have departed with zero damage." 

When discussing whether the crew were at fault, Costantino reiterated to the Italian outlet that he believes "errors were made."

"A series of activities should have been done to avoid finding oneself in that situation," he said. "I as the ship's captain would have moved, but even if for some reason I had to stay there, I would have managed those weather conditions which then, let's face it, weren't so crazy."

Never miss a story — sign up for  PEOPLE's free daily newsletter  to stay up-to-date on the best of what PEOPLE has to offer, from celebrity news to compelling human interest stories.  

Costantino contended that there would have been "a zero risk if the correct maneuvers had been made and if situations that compromised the ship's stability had not occurred," adding to the newspaper that reports that the boat went down in seconds is "nonsense." He believes the yacht would have "went down" after water "started to enter" within "six minutes."

The remaining missing  Bayesian  passengers are Lynch's daughter Hannah as well as Chairman of Morgan Stanley International  Jonathan Bloomer, his wife, Judy , and New York City-based lawyer  Christopher Morvillo and his wife, Neda , sources have said.

Lynch's wife, Angela Bacares, was among those rescued, PEOPLE previously reported.

For more People news, make sure to sign up for our newsletter!

Read the original article on People .

Manslaughter Probe Launched After Bayesian Yacht Sinking Kills British Entrepreneur, Morgan Stanley Chief

• Share to Facebook
• Share to Twitter
• Share to Linkedin

Italian authorities have launched a manslaughter investigation into the captain of the luxury Bayesian sailing yacht that sank off the coast of Sicily last week in a wreck that killed seven people, including Britsh tech entrepreneur Michael Lynch, his 18-year-old daughter, Hannah, and Morgan Stanley International director Jonathan Bloomer.

Italian Coast Guards take part in searches of missing off Porticello near Palermo, on Aug. 21, 2024.

Italian prosecutors will investigate James Cutfield, the captain of the Bayesian, for manslaughter after the ship sank in rough weather overnight on Aug. 18, multiple outlets reported Monday.

The investigation will look into if the crew of the ship appropriately handled the storm that hit the yacht before it capsized, if passengers were warned of imminent danger and if hatches on the ship were left ajar, which would have contributed to its quick sinking.

As part of the probe, the ship will be raised from the waters in which it sank later this year, CNN reported , at the cost of registered owner Angela Bacares, the wife and mother, respectively, of victims Michael and Hannah Lynch.

The Bayesian, named for a mathematical theory, is currently about 50 meters (164 feet) below the surface near the port of Porticello in Sicily, Italy, and sank less than a minute after it capsized.

Officials have said the passengers who died—Michael and Hannah Lynch, Jonathan and Judy Bloomer and Chris and Neda Morvillo—were likely asleep at the time of the sinking.

Notices of investigations into an incident must be issued in Italy before autopsies can be done on victims, Reuters reported , and the opening of a probe does not necessarily mean formal charges will follow.

Get Forbes Breaking News Text Alerts: We’re launching text message alerts so you'll always know the biggest stories shaping the day’s headlines. Text “Alerts” to (201) 335-0739 or sign up here : joinsubtext.com/forbes.

Key Background

The Bayesian is a 184-foot luxury sailing yacht with a 246-foot aluminum mast—the tallest of its kind in the world. It is legally owned by Bacares and her late husband "had a lot of pride" in his yacht, a staff member told The Times of London. The Lynch/Bacares family was on board with seven guests and the boat was anchored when a storm hit overnight on Sunday, Aug. 18. The harsh weather included a " waterspout ," a tornado-like swirling column of air and water, that caused the vessel to top over and it was then quickly dragged underwater. Of the 10 passengers, six died in the capsizing and their bodies were recovered last week. There were also 12 crew members on board and one, Recaldo Thomas, also died. Among those resued were Bacares; Charlotte Golunski, a partner at Lynch's Invoke Capital, along with her partner and her baby daughter; lawyer Ayla Ronald and her partner.

Lynch, Bloomer and Morvillo were all involved in a massive fraud trial that saw Hewlett-Packard accuse Lynch and others of artificially inflating the value of his software company, Autonomy, before HP purchased it in 2011. Lynch was indicted for conspiracy and wire fraud in the sale but was acquitted alongside his co-defendant Stephen Chamberlain, who was killed in a car crash in the U.K. the same weekend the Bayesian sank in Italy. Bloomer testified for the defense at Lynch’s trial, according to the Associated Press , and Morvillo was one of the lawyers on the case.

Further Reading

• Editorial Standards
• Reprints & Permissions

Join The Conversation

One Community. Many Voices. Create a free account to share your thoughts. 

Forbes Community Guidelines

Our community is about connecting people through open and thoughtful conversations. We want our readers to share their views and exchange ideas and facts in a safe space.

In order to do so, please follow the posting rules in our site's  Terms of Service.   We've summarized some of those key rules below. Simply put, keep it civil.

Your post will be rejected if we notice that it seems to contain:

• False or intentionally out-of-context or misleading information
• Insults, profanity, incoherent, obscene or inflammatory language or threats of any kind
• Attacks on the identity of other commenters or the article's author
• Content that otherwise violates our site's  terms.

User accounts will be blocked if we notice or believe that users are engaged in:

• Continuous attempts to re-post comments that have been previously moderated/rejected
• Racist, sexist, homophobic or other discriminatory comments
• Attempts or tactics that put the site security at risk
• Actions that otherwise violate our site's  terms.

So, how can you be a power user?

• Stay on topic and share your insights
• Feel free to be clear and thoughtful to get your point across
• ‘Like’ or ‘Dislike’ to show your point of view.
• Protect your community.
• Use the report tool to alert us when someone breaks the rules.

Thanks for reading our community guidelines. Please read the full list of posting rules found in our site's  Terms of Service.

• Manage Account
• The Courier ePaper
• Evening Telegraph ePaper
• Newsletters

Liverpool FC owner’s £66 million superyacht spotted off Broughty Ferry

Elysian, owned American businessman John W Henry, has a helipad and heated pool.

A £66 million superyacht belonging to Liverpool FC owner John W Henry has been spotted off Broughty Ferry.

Elysian, a 66-metre-long vessel, docked in the Tay – between Broughty Ferry and Tayport – on Monday morning.

It travelled to the Tay from Aberdeen, where it was berthed over the weekend.

Locals said those on board the luxury yacht appeared to be using a smaller boat to reach the shore.

Superyacht Elysian visits the Tay

It is understood Henry was among them.

The yacht has since moved out towards Barry Buddon.

One onlooker said: “I think it belongs to the owner of a Premier League football team as I’d read it was up in Aberdeen yesterday .

“We were walking along the beach this morning when we spotted it.

“You think they’d rather be in the Mediterranean at this time of year with a boat like that.”

Elysian’s arrival in the Tay was mentioned by  Liverpool fan group KopTalkTV on YouTube .

In the video, the host said: “Don’t assume that he is in the UK just because the yacht’s in the UK.

John Henry’s superyacht spotted off Broughty Ferry after Liverpool game

“Maybe if you see him at the game then he’s obviously there, and what happened – he turned up at the game .”

The reason for the visit has not been confirmed but some locals have speculated Henry may be heading to the Old Course in St Andrews.

The yacht, which sails under the Cayman Islands flag, was built in Germany.

With a top speed of 16.5 knots, it has an outdoor swimming pool, helipad, spa centre and gym and glass lift.

There is room on board for up to 12 guests and 17 crew.

Previously named Ester III, the yacht was once owned by Russian entrepreneur Georgy Bedzhamov.

American businessman Henry – who also owns the Boston Red Sox and Pittsburgh Penguins – bought the ship in 2016.

More from Dundee

Dundee council chiefs seek developer for £4.5m Blackness Road housing plan

Murraygate is 'suffering' says Dundee phone shop owner after smash-and-grab raid

Oasis icon Liam Gallagher recalls first festival memory with pal Angie from Dundee

Angus cannabis farmer grew drugs for sick family members, court told

Boys, 15 and 16, taken to hospital and one charged after Dundee 'stabbing'

Ferry gas engineer caused A90 crash in which boy suffered spinal injury

Shop selling handmade jewellery and alternative gifts to open in Dundee

VIDEO: Mercedes driver speeds through Dundee in police chase

Dundee Planning ahead: New McDonald's and housing proposals

Police tape off pavement as man seen taken into ambulance after 'fight' in Dundee…

Conversation.

Comments are currently disabled as they require cookies and it appears you've opted out of cookies on this site. To participate in the conversation, please adjust your cookie preferences in order to enable comments.

• Today's news
• Reviews and deals
• Climate change
• 2024 election
• Fall allergies
• Health news
• Mental health
• Sexual health
• Family health
• So mini ways
• Unapologetically
• Buying guides

Entertainment

• How to Watch
• My Portfolio
• Latest News
• Stock Market
• Biden Economy
• Stocks: Most Actives
• Stocks: Gainers
• Stocks: Losers
• Trending Tickers
• World Indices
• US Treasury Bonds Rates
• Top Mutual Funds
• Options: Highest Open Interest
• Options: Highest Implied Volatility
• Basic Materials
• Communication Services
• Consumer Cyclical
• Consumer Defensive
• Financial Services
• Industrials
• Real Estate
• Stock Comparison
• Advanced Chart
• Currency Converter
• Credit Cards
• Balance Transfer Cards
• Cash-back Cards
• Rewards Cards
• Travel Cards
• Credit Card Offers
• Best Free Checking
• Student Loans
• Personal Loans
• Car insurance
• Mortgage Refinancing
• Mortgage Calculator
• Morning Brief
• Market Domination
• Market Domination Overtime
• Asking for a Trend
• Opening Bid
• Stocks in Translation
• Lead This Way
• Good Buy or Goodbye?
• Financial Freestyle
• Capitol Gains
• Fantasy football
• Pro Pick 'Em
• College Pick 'Em
• Fantasy baseball
• Fantasy hockey
• Fantasy basketball
• Download the app
• Daily fantasy
• Scores and schedules
• GameChannel
• World Baseball Classic
• Premier League
• CONCACAF League
• Champions League
• Motorsports
• Horse racing
• Newsletters

New on Yahoo

• Privacy Dashboard

Yahoo Finance

Exiled russian oligarch’s 257’ superyacht amaryllis seen towed through palm beach.

The Amaryllis being towed past the former mansion of Henry Flagler, built in 1902

By John Jannarone and Alan Hatfield

The 257’ superyacht Amaryllis apparently owned by exiled Russian oligarch Andrey Borodin was towed past Palm Beach, FL on Friday morning, according to a visual account by CorpGov .

The yacht, whose owner is frequently cited as Mr. Borodin by enthusiast publications, moved slowly through the Lake Worth lagoon where bridges were raised for its passage. A towboat with flashing lights about 150 feet ahead pulled the Amaryllis , built by German shipyard Abeking & Rasmussen in 2011.

While CorpGov could not officially confirm Mr. Borodin as the owner of the vessel, his wife, socialite Tatiana Korsakova, has posted dozens of Instagram photos and videos aboard the Amaryllis. A yacht broker interviewed by CorpGov confirmed that Ms. Korsakova is indeed aboard the Amaryllis in the photos and videos.

View this post on Instagram A post shared by Tatiana Korsakova (@tati_vk)

The sighting comes as billions of dollars in Russian-owned yachts have been seized around the world as a result of international sanctions. CNN has published an extensive list of seized vessels, which were taken in harbor cities including Mallorca, Spain and London.

However, it is unclear if the Amaryllis was being seized or voluntarily towed. Very large yachts often choose to be towed because bridges are required to raise for them, according to the yacht broker.

The former Bank of Moscow chief was granted political asylum in the UK in February 2013 after fleeing what he alleged to be politically-motivated fraud and embezzlement charges. Mr. Borodin would go on to be tried and convicted in abstentia in Russian Court in 2018, but not before managing to enlist a number of prominent American lawmakers to lobby Washington for a U.S. visa. Despite Russian extradition requests to the UK government, Borodin’s controversial attempts to make large donations to the NHS, and the uncovering of an assassination plot against his life, the fugitive banker remains overseas, having been granted access to his Swiss bank accounts and having made several notable London real estate purchases during his time in exile.

Mr. Borodin is widely listed as a billionaire, but his total wealth remains difficult to confirm accurately, with the governments of Switzerland and the Bahamas having been asked to help the Russian government in its legal case. In 2012, Borodin purchased the UK’s then-most expensive home, an 80-hectare 18th-century estate in Oxfordshire, for upwards of $217 million. In 2017 he was granted access to personal Swiss accounts holding a reported $378 million. The Amaryllis was purchased for a reported $120 million.

Mr. Borodin did not immediately respond to an emailed query from CorpGov , while the FBI declined to comment. An emailed query to The Department of Homeland Security was not returned.

www.CorpGov.com

[email protected]

Twitter: CorpGovernor