European authorities seize oligarch’s megayacht in German port

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European authorities seize oligarch’s megayacht in German port
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Authorities in Germany have seized Russian oligarch Alisher Usmanov’s 500-foot megayacht, the Dilbar, as part of sanctions against the Kremlin and its supporters, Forbes magazine reported.

The ship was taken by authorities in the north German port of Hamburg on Wednesday. The megayacht is estimated to be worth $600 million.

The Dilbar is reportedly the world’s largest yacht by gross tonnage. With 12 guest suites, a crew of at least 80, a sauna, a gym, and the largest swimming pool ever installed on a yacht, the ship is said to cost $60 million a year just to keep afloat.EPA/YURI KOCHETKOV Usmanov’s pride and joy was a sitting duck for authorities — it’s been in the German port since last year for a refit.

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