Lady M yacht

2022 - 3 - 5

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Image courtesy of "Boat International"

Superyachts Lady M and Lena seized in Italy under EU sanctions ... (Boat International)

The Italian government has seized two superyachts – the 65.5 metre superyacht Lady M and 40.8 metre Lena – under European Union economic sanctions against ...

She was seized on Friday (March 5) while moored in Portosole Sanremo. Timchenko is the founder of one of the largest investment groups in Russia and shareholder of Bank Rossiya. He appears on EU, UK and US sanction lists and is also accused of benefitting from links with Russian decision-makers. Meanwhile, German authorities have denied reports that the 156 metre Lürssen motor yacht Dilbar has been seized in Hamburg. The Guardia di Finanza was spotted boarding both vessels moored in their respective ports on Italy's Ligurian coastline last week.

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Image courtesy of "autoevolution"

Lena, Lady M Superyachts Seized in Italy as Part of $153 Million Haul (autoevolution)

Earlier this week, European authorities moved to freeze assets of Russian oligarchs, as a means to put pressure on Russian President Vladimir Putin to cease ...

Lady M, the more expensive of the pair, is also bigger and newer: measuring 65 meters / 213 feet, it was delivered by Palmer Johnson in 2013, and is estimated at $71 million. Lena, a 38.5-meter / 126-foot, $55 million superyacht delivered by Sanlorenzo in 2010, belonged to Gennady Timchenko and was in the port of San Remo when authorities moved in on it. The owner of Lady M is Russia’s richest man, Alexei Mordashov, who had it docked in the port of Imperia when it was According to various officials both in the EU and the U.S., this is just the beginning. Lady M, the more expensive of the pair, is also bigger and newer: measuring 65 meters / 213 feet, it was delivered by Palmer Johnson in 2013, and is estimated at $71 million. Lena, a 38.5-meter / 126-foot, $55 million superyacht delivered by Sanlorenzo in 2010, belonged to Gennady Timchenko and was in the port of San Remo when authorities moved in on it.

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