17 C
Qādiān
Thursday, February 13, 2025

Reshaping Perspectives and Catalyzing Diplomatic Evolution

A luxury yacht is sold on the island of Antigua, which is associated with a Russian businessman

The authorities of Antigua and Barbuda are demanding the removal of the yacht Alfa Nero, associated with Russian billionaire Andrey Guryev, from the port of Falmouth. They are going to sell the yacht and they want to use the proceeds from the sale of the ship to pay off the crew’s fuel and food debts, informed The business insider.

The government of Antigua and Barbuda issued a notice on Tuesday March 21 declaring the $81 million yacht “abandoned”. They intend to sell the ship to pay off the food and fuel debt, if the owner does not show up.

Antigua and Barbuda Prime Minister Gaston Browne said the 81-meter yacht with a gym, swimming pool and other amenities has a bid of more than $50 million. Proceeds from the sale of the vessel should be used to repay a $500,000 debt to – Antigua Yacht Club Marina for fuel, writing Daily Observer. The remaining funds will be transferred to the development of Antigua and Barbuda.

Additionally, money is needed to provide food for the yacht’s crew, Brown said. According to him, the vessel has been off Antigua and Barbuda for more than 18 months.

The yacht, according to local authorities, could pose a danger to the port of Falmouth, the main port of the island of Antigua. In particular, Brown does not know if the ship is insured, and the lack of necessary documents could create problems for the port.

“We have to plan for different scenarios. A leak may open, then the yacht will sink. In this port, there are ships worth billions of dollars. You can imagine what will happen if this ship catches fire,” quotes the Daily Observer Brown.

The US Treasury Department links Alfa Nero to Andrey Guryev, founder of fertilizer company PhosAgro. The fortune of the businessman is estimated at 10.1 billion dollars. After the outbreak of hostilities in Ukraine, it to hit under American, British and European sanctions. March 6 writing that the businessman himself denies the fact that he owns a yacht.

More

Follow The Eastern Herald on Google News. Show your support if you like our work.

Author

Russia Desk
Russia Desk
The Eastern Herald’s Russia Desk validates the stories published under this byline. That includes editorials, news stories, letters to the editor, and multimedia features on easternherald.com.

Editor's Picks

Trending Stories

Laurita Fernandez poses totally nude on her back in her Instagram

Laurita Fernandez is one of the most talented dancers...

Prostitution in Dubai: Understanding the Dark Side of the City

Dubai, a city celebrated for its lavish shopping experiences,...

Combat Barbie: Rianna Conner Carpenter’s journey from Marine to social media icon

Discover the journey of Rianna Conner Carpenter, known as Combat Barbie, from serving as a US Marine to becoming a social media sensation with over 600,000 followers on Instagram.