Another mega yacht seized by oligarch in Italy

It’s a yacht for 530 million euros: Italy has once again arrested a mega yacht in the port of Trieste. Apparently it belongs to a coal billionaire.

Italian authorities have detained another mega yacht attributed to a Russian billionaire. The ship called “Sailing Yacht A“, estimated to be worth around 530 million euros, is moored in the port of Trieste. Officials from the Italian financial police arrested it on Friday, the Ansa news agency reported.

Built by German shipyard Nobiskrug, the yacht is attributed to Russian coal billionaire Andrei Melnichenko, who was put on an EU sanctions list after Russia’s invasion of Ukraine. The Italian financial police arrested a suspected Russian oligarch yacht last week.