Topic: superyacht

A Cayman Islands Grand Court judge has ordered the freezing of up to US$45 million in assets, including a luxury yacht, of a UK lawyer, from whom a Saudi princess has been trying recoup millions in funds since 2013.

A Russian oligarch-owned superyacht flagged to the Cayman Islands that has been anchored at an Antiguan harbour for more than a year will be auctioned if the owner does claim it.

Nothing says Russian billionaire like a Cayman-flagged superyacht. Some of these Russian-owned luxury ships will soon be permanently anchored or find themselves on the run from authorities in some Pacific archipelago.

The super-yacht Arctic Pride II was seen docked Thursday morning at George Town harbour.

The 115-metre-long Cayman-registered Pelorus was detained by authorities in Montenegro in March after the superyacht's owner allegedly failed to settle all financial obligations to the crew, suppliers and the local marina.

The Cayman Islands Registry ended last year with 2,215 registered vessels, which included 1,897 pleasure vessels and 318 commercial vessels.