Yachting world news from Interparus (12.10.22)

Sanctioned superyachts and a warning to Hong Kong

According to the Financial Times, the 142-meter superyacht Nord has arrived in Hong Kong. According to various sources, the owner of the yacht is Alexey Mordashov. Moreover, according to the same anonymous sources, the yacht sails under the Russian flag. Nord arrived in Hong Kong in the middle of last week after leaving the Far East port of Vladivostok. 

Mordashov received his fortune from the Russian steel group Severstal. After the invasion of Ukraine, personal sanctions were imposed against him by the United States, Great Britain and the EU.

As soon as the whereabouts of the yacht became known, the US government sent a warning to the Hong Kong authorities that nearby ports could become a potential “haven” for sanctioned superyachts.  

There is another aspect related to the US warning. It lies in the fact that the Hong Kong authorities will not apply Western sanctions against Nord or the superyachts of other oligarchs.

According to the US State Department report, the position of Hong Kong and China in particular may push the oligarchs under sanctions to live in the territory and / or base their yachts there. The US statement said: "The potential use of Hong Kong as a safe haven by multi-jurisdictional sanctions evaders further calls into question the transparency of the business environment."

New marina in northern Spain

The municipality of El Astillero, in the northern autonomous region of Cantabria, Spain, plans to build a new marina with 70 beds. The marina is to be located between the existing Orconer and San José piers, according to El Diario Cantabria.

The project is currently under review by the Port Authority of Santander (APS). It is the approval of the port authority that is needed to conduct a tender for the construction of the pier.

According to Francisco Martin (APS President), the marinas along the Santander Bay are not large enough to “meet the growing demand”. The projected marina will be able to “satisfy the need”.

It is planned that the area of the marina will be 9000 sq.m. The marina will have to accept yachts between 8 and 10 meters (26-33 feet) in length.

Sunreef Yachts to build the world's largest electric catamaran

Polish shipyard Sunreef Yachts has signed an order for the Sunreef 43M Eco. It should become the largest electric catamaran in the world. The length of the kat will be 43 meters (141 feet). The concept was first shown back in January 2022. At a recent boat show in Monaco, the shipyard confirmed the sale of the first hull. 

A distinctive feature of the catamaran is the number of solar panels. They are built into the hull, superstructure and even rigging. In addition, the Sunreef 43M Eco will feature one of the world's most advanced hydro generator systems. 

The Sunreef 43M Eco also offers plenty of interior space. Below deck, the owner has a spacious saloon, lounge, massage room, bar and fitness area. Tenders and water toys can be stored in the spacious aft garage. There are also two areas for outdoor recreation and sunbathing, a spa pool, large sun loungers, an outdoor cinema.

We are waiting for a photo of the finished first building!

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12.10.2022