watercraft
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Seized Russian Super Yacht Sells For $US67 Million, Bumping Up Host Country’s Entire GDP
The Caribbean country of Antigua and Barbuda finally unloaded a Russia superyacht seized by feds around the start of the invasion of Ukraine and it just made the tiny country a pretty penny: $US63 million in profit, or about four per cent of its Gross Domestic Product.
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This Abandoned Russian Superyacht Costs $US100,000 a Month to Maintain
Antigua is desperate to sell the superyacht, but U.S. sanctions might make getting rid of it it a little complicated.
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The World’s Newest Supertanker Uses Sails to Help Transport Crude Oil
As heavy industries take action to reduce their carbon footprint, many companies are exploring innovative methods to continue operations as normally as possible while reducing their reliance on fossil fuels. But I never thought that sails could be making a return to commercial shipping. It seems even more ridiculous that sails would be used to…
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For About $1.6 Million a Week, You Can Rent Paul Allen’s Obscene Superyacht
The late Microsoft co-founder Paul Allen’s 126.19 m superyacht has finally been sold to an unnamed mystery buyer for the low, low price of 235 million euros (about $375 million). The vessel, nicknamed “Octopus” before Allen’s death in 2018, is slightly longer than the average football field, and considered one of the largest superyachts in…