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Germany seizes the world's largest yacht (at least according to volume)

Rachel Treisman

The luxury superyacht Dilbar sails off the coast of Monaco in 2017. Valery Hache/AFP via Getty Images hide caption

The luxury superyacht Dilbar sails off the coast of Monaco in 2017.

German authorities have seized the world's largest yacht by volume after determining that a Russian oligarch had transferred its ownership to his sister — who is also facing Western sanctions.

Dilbar, the yacht in question, measures some 511 feet and 15,917 tons, which shipbuilder Lurssen says makes it the largest motor yacht in the world by gross tonnage. It has two helipads and one of the biggest indoor pools ever installed on a yacht, according to the U.S. Treasury Department , which puts its estimated worth between $600 and $735 million.

Why so many Russian billionaires are called oligarchs

The superyacht is named after the mother of its original owner: Alisher Usmanov, one of Russia's wealthiest billionaires and a known close associate of the Russian president. Usmanov was sanctioned by the U.S., United Kingdom., European Union and Switzerland in March, following Russia's invasion of Ukraine.

Germany's federal police tweeted Wednesday that it found, "through extensive investigations despite offshore concealment," that the yacht currently belongs to Usmanov's sister, Gulbakhor Ismailova. Authorities impounded the yacht, which remains at the port of Hamburg , after confirming with Brussels that its owner is under sanctions.

A Russian billionaire's superyacht has been impounded in Hamburg, Germany. Harsh sanctions in response to the invasion of #Ukraine brought the estimated $600-750 million yacht Dilbar out of 'offshore concealment', and into the hands of authorities. pic.twitter.com/GYkH6SmQk2 — German Embassy (@GermanyinUSA) April 14, 2022

Ismailova was sanctioned by the U.K. on Wednesday and the EU last week. Both entities said Usmanov had indirectly transferred assets to his sister, including leaving her as Dilbar's only beneficial owner.

"The owner of the yacht 'Dilbar' is Navis Marine Ltd. (Cayman Islands), whose shareholder is Almenor Holdings Ltd. (Cyprus). All shares in that holding company are held by PomerolCapital SA (Switzerland) in trust for the benefit of 'The Sisters Trust,' " EU officials explained, adding that Usmanov has not been a shareholder of that trust company since 2017.

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A russian oligarch's $90 million yacht is seized as part of u.s. sanctions.

Ukrainian sailors tried to block a Russian oligarch's yacht from docking in Turkey

Ismailova has also been linked to luxury real estate in Italy and Latvia associated with Usmanov, the EU said, and therefore has "actively supported materially or financially Russian decision-makers responsible for the annexation of Crimea and the destabilisation of Ukraine."

Dilbar made headlines in early March , when Hamburg officials denied conflicting reports that they had seized the superyacht and said any such move would have to come from higher federal customs authorities.

According to Boat International, Dilbar is also the fourth-longest yacht in the world. It can accommodate up to 96 crew members as well as 24 guests in a large living space, which includes fold-out balconies, an onboard garden (with "a specifically developed variety of grass that tolerates salt air") and more than 1,000 custom-made sofa cushions.

This story originally appeared in the Morning Edition live blog .

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Germany Impounds the World’s Largest Yacht After Establishing Links to a Russian Billionaire

"dilbar" has been linked to sanctioned russian billionaire alisher usmanov. meanwhile, 20 yachts in the netherlands are now prohibited from leaving the country., michael verdon, michael verdon's most recent stories.

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German authorities impounded the superyacht Dilbar on Wednesday in Hamburg, according to a tweet from the federal police. The vessel has been linked to Russian billionaire Alisher Usmanov, and is the world’s largest by volume. It was built by Germany’s Lürssen Yachts.

The national police said in the tweet that, “through extensive investigations despite offshore concealment,” it found Dilbar is owned by Gulbakhor Ismailova, Usmanov’s sister. The US Treasury Department said that it was named after Usmanov’s mother, according to the Washington Post . The department estimates its value to be between $600 million and $700 million, with annual maintenance costs of about $60 million.

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The Treasury Department said that Usmanov has ties to Russian President Vladimir Putin as well as to Dmitry Mevedev, former president and prime minister. Usmanov has “vast holdings across multiple sectors,” according to the statement, including a 49 percent stake in USM, a holding company that controls Russia’s largest iron-ore producer.

The 350-ft Amadea, owned by Russian bilionaire Suleiman Kerimov, also on the sanctions list, has entered Fijian waters.  Robb Report File

The Netherlands has also reported that Dutch authorities have impounded 20 yachts at shipyards in that country. The country has added four new yachts to its list this week. It did not specify the names of the yards or which yachts are impacted, but said that 14 are now under construction, two are in storage and four are being refitted. They said the vessels’ lengths range from 30 to 400 feet.

“For two of these yachts, it has been established that they are linked to a person on the EU sanctions list,” the statement said, adding that none could be delivered, sold or exported.

Meanwhile the 350-foot yacht Amadea , owned by Russian billionaire Suleiman Kerimov, has landed in Fiji after a long Pacific crossing. Kerimov is on the sanctions list from the US, UK and EU following Russia’s invasion of Ukraine. Fiji’s Health Minister Dr Ifereimi Waqainabete said his department would need clarification when asked about the arrival of the yacht on Tuesday, adding, “We don’t do Russians.” The US Embassy in Suva and the EU’s delegation in the Pacific said they have already been in touch with the Fijian government over the yacht’s presence.

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UPDATE: Fate Of Russian Billionaire Alisher Usmanov’s Mega-Yacht In Germany Uncertain

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Alisher Usmanov's Dilbar yacht.

CORRECTION (March 3): According to the Ministry for Economy and Innovation in the German state of Hamburg, the country’s authorities have not seized the Dilbar, a 512-foot yacht owned by sanctioned Russian billionaire Alisher Usmanov. As Forbes reported on Wednesday, work on the ship has been halted at the Hamburg shipyard where it has been stationed for refitting work since October.

Three sources had told Forbes it had been seized, but a representative for Usmanov cited the statement from the ministry in Hamburg to confirm that it had not. In its statement, the ministry elaborated that the German federal customs agency is the “responsible enforcement authority” and would have to issue an export waiver for the yacht to leave, and that “no yacht leaves port that is not allowed to do so.”

The yacht is registered in the Cayman Islands and owned through Klaret Continental Leasing Limited, a company based in Malta, according to public data from vessel tracking service VesselFinder. A spokesperson for the Malta Business Registry told Forbes that Klaret Continental Leasing Limited was a branch of a Cyprus-based company which closed in December 2018. The Cyprus company, also named Klaret Continental Leasing Limited, was dissolved in September 2019, according to corporate records in Cyprus. A spokesperson for Usmanov told the Organized Crime and Corruption Reporting Project , which Forbes is collaborating with on assets linked to Russian oligarchs, that the yacht had “long ago been transferred into an irrevocable trust” and that Usmanov had “donated” the beneficial rights to members of his family. That makes it difficult to tie the yacht directly to Usmanov for the purpose of sanctions.

In its statement, the ministry in Hamburg added that restrictions can be imposed on a yacht owned by a sanctioned Russian individual only “if the ownership situation is clearly clarified and all these possessions are also sanctioned.” The ministry confirmed to Forbes that the yacht is still in the dock at the Hamburg shipyards of Blohm+Voss.

Forbes contacted the German Ministry of Economic Affairs and the Federal Customs Service but has not received an immediate response.

Russian billionaire Alisher Usmanov was sanctioned by the European Union on Monday. Two days later, Forbes has learned from three sources in the yacht industry that work has been halted on one of his prized possessions—the 512-foot yacht Dilbar, valued at nearly $600 million—in the northern city of Hamburg, where it had been stationed for refitting at the shipyards of Blohm+Voss since October.

The ship has been in the Hamburg shipyards of German shipbuilding firm Blohm+Voss since late October for a refitting job. Sources who spoke to Forbes said that the German government froze the asset and that, likely as a result, Blohm+Voss employees who had been working on the yacht didn’t show up to work on Wednesday. A spokesperson for Lürssen, the German shipbuilder which owns Blohm+Voss, declined to comment on Thursday. “All orders and projects of the Lürssen Group and its subsidiaries are treated in accordance with the applicable laws and regulations,” the spokesperson said. Representatives for Usmanov didn’t immediately respond to a request for comment.

Usmanov purchased Dilbar in 2016 for a reported $600 million from Lürssen, which custom-built it for him over 52 months. The firm calls it "one of the most complex and challenging yachts ever built, in terms of both dimensions and technology." At 15,917 tons, it's the world's largest motor yacht by gross tonnage, and is typically manned by a crew of 96 people. Dilbar boasts the largest swimming pool ever installed on a yacht as well as two helicopter pads, a sauna, a beauty salon, and a gym. Its plush interiors have more than 1,000 sofa cushions and it can host up to 24 people in 12 suites.

The yacht is part of Usmanov’s estimated multibillion dollar fortune, which spans stakes in iron ore and steel giant Metalloinvest and consumer electronics firm Xiaomi, as well as smaller holdings in telecom, mining and media. One of the earliest investors in Facebook along with fellow billionaire Yuri Milner , Usmanov also owns extensive real estate assets in the West, ranging from two estates in the UK—Beechwood House in London and Sutton Place in Surrey, valued at a combined $280 million—to luxury homes in Munich, Germany; Lausanne, Switzerland; Monaco; and Sardinia.

Usmanov sold his 30% stake in English soccer team Arsenal F.C. in 2018 for nearly $700 million in cash, but until this week had ties to soccer through his USM Holdings and MegaFon sponsorships of Everton F.C. The Premier League team said on Wednesday that it was suspending the arrangements in light of Russia’s attack on Ukraine. Usmanov isn’t the only Russian billionaire with a mega-yacht: Forbes and yacht valuation experts VesselsValue tracked down 32 of them.

On Tuesday, Usmanov commented on the EU sanctions imposed on him in a statement to the International Fencing Federation where he also announced he was stepping down as the organization’s president. “I believe that such decision is unfair, and the reasons employed to justify the sanctions are a set of false and defamatory allegations damaging my honor, dignity, and business reputation," he wrote. "I will use all legal means to protect my honor and reputation."

Updated on March 30 with more information on Klaret Continental Leasing Ltd.

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News | World

Massive superyacht ‘owned by sister of Russian oligarch Alisher Usmanov’ is seized in Hamburg

German authorities said they have seized a massive superyacht in Hamburg after determining that it belongs to the sister of Russian oligarch Alisher Usmanov .

The Federal Criminal Police Office said that, after “extensive investigations” and despite “offshore concealment”, it had been able to determine that the owner is Gulbakhor Ismailova, Mr Usmanov’s sister.

Superyacht Dilbar was launched in 2016 at a reported cost of more than $648 million (£493 million).

The yacht features a 25m swimming pool, two helipads, and an on-ship garden and is valued between $600m (£456m) to $750m (£570m), according to the US treasury.

Germany police said authorities worked in Brussels to ensure that European Union sanctions applied to the owner.

It says the yacht can no longer be sold, rented or loaded.

The United States and the EU last month announced economic sanctions against Mr Usmanov, a metals magnate, over his ties to Russian President Vladimir Putin and in retaliation for the invasion of Ukraine.

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Russian oligarch sees $600 million superyacht swiped after ‘offshore concealment’ attempts are busted by authorities

Authorities in Hamburg impounded Russian billionaire Alisher Usmanov’s superyacht Dilbar after determining it was legally owned by his sister, who is also subject to western sanctions over the war in Ukraine.

The 156-meter (512 foot) vessel, the world’s largest by volume, had been undergoing refitting in the northern German port city . Boasting a 25-meter swimming pool and two helipads, it’s valued at $600 million to $750 million, according to the U.S. Treasury.

Germany’s federal crime office said Wednesday that despite efforts at what it called “offshore concealment,” it had determined that the yacht’s owner is Usmanov’s sister, Gulbakhor Ismailova.

“The luxury yacht Dilbar is therefore subject to sanctions law and was able to be legally impounded in Hamburg,” the BKA said in a  tweet . News agency DPA quoted a BKA spokesman as saying that the yacht cannot be “sold, rented or pledged as collateral.”

The move underscores the wider impact of the penalties levied by Europe and the U.S. on ultra-rich Russians seen as having close ties to President Vladimir Putin.

Superyachts and other displays of wealth among Russia’s elite have drawn especially intense scrutiny since the country’s invasion of Ukraine.

Usmanov owns a major stake in USM, a Russian investment group with holdings in Metalloinvest, one of the world’s largest iron ore producers, and telecommunications company MegaFon.

He’s the sixth-richest Russian with a fortune of $19 billion, according to the Bloomberg Billionaires Index. The yacht is named for his mother.

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Germany seizes world’s largest superyacht ‘Dilbar’ belonging to Russian billionaire Alisher Usmanov

Usmanov has been sanctioned by european union, us and uk in wake of russia’s war in ukraine, article bookmarked.

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German authorities have frozen Russian billionaire Alisher Usmanov ’s 512-ft superyacht “Dilbar” after an investigation revealed that it was legally owned by his sister, who has also been sanctioned over Vladimir Putin’s invasion of Ukraine .

The Russian businessman was sanctioned by the European Union (EU) on 28 February and by the UK and the US in March.

His sister Gulbakhor Ismailova was sanctioned by the EU and the UK earlier this month as authorities claimed that Mr Usmanov “indirectly transferred assets”, including the vessel, to her.

“The luxury yacht Dilbar is subjected to the sanction law and could be legally fixed in Hamburg,” German authorities announced on Wednesday.

The yacht cannot be “sold, rented or pledged as collateral”, a spokesperson for the federal criminal police office of Germany said, according to news agency DPA.

Touted to be the world’s largest yacht by volume, Dilbar had been undergoing refitting in the northern German city.

Forbes had reported that the vessel, undergoing a refit in the shipyards of Blohm + Voss, was not allowed to leave the port of Hamburg after the EU froze its assets. Due to sanctions, the yacht’s entire crew was fired shortly after.

The yacht features a 25m swimming pool, two helipads, and an on-ship garden and is valued between $600m (£456m) to $750m (£570m), according to the US treasury.

After the Russian president’s declaration of war on 24 February, the EU announced it was freezing Mr Usmanov’s assets, calling him a “pro-Kremlin oligarch with particularly close ties to Russian president Vladimir Putin” and a man who is “considered to be one of Russia ’s businessmen-officials, who were entrusted with servicing financial flows, but their positions depend on the will of the president”.

Mr Usmanov, known as “the hard man of Russia”, is one of the richest men in the country with an estimated worth of $18.4bn.

Russian billionaires have been scrambling to save their yachts and other assets from western governments that are trying to seize them.

The Fiji police on Thursday said they were investigating the arrival of a luxury vessel suspected of being owned by a Russian oligarch.

According to local media, authorities have seized superyacht Amadea owned by Russian billionaire Suleiman Kerimov, who was also sanctioned by the US and its western allies.

The US embassy said it was aware the Amadea had docked in Fiji’s Lautoka port and they were cooperating with authorities of the island nation.

“The United States is committed to finding and seizing the assets of the oligarchs who have supported the Russian Federation’s brutal, unprovoked war of choice against Ukraine,” the embassy said in a statement.

The Independent has a proud history of campaigning for the rights of the most vulnerable, and we first ran our Refugees Welcome campaign during the war in Syria in 2015. Now, as we renew our campaign and launch this petition in the wake of the unfolding Ukrainian crisis, we are calling on the government to go further and faster to ensure help is delivered.

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Making Superyacht DILBAR: The World’s Largest Yacht

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By Rebecca Bradbury   23 June 2016

A new time-lapse video of the 156m/512ft superyacht DILBAR , confirmed as the world’s largest yacht in terms of volume, has been released to celebrate her recent delivery to the Mediterranean .  

The spectacular footage provides a behind-the-scenes glimpse of DILBAR under construction at the Lurssen shipyard as well as aerial shots of her 2,000nm delivery passage to the Mediterranean .

DILBAR is now the world’s largest yacht with a gross tonnage of 15,917 tons, surpassing superyacht ‘Al Said’, a fellow build from the shipyard measuring in at 15,850 tons.  

Indeed, as she takes shape, viewers can see her sheer scale as well as the huge amount of labor involved in her 52-month build as welders and other craftsmen get to work on her hull and superstructure.

Lurssen also revealed that the motor yacht was ‘one of the most complex and challenging yachts that has ever been built, both in terms of dimension and technology'. 

The video unveils the curved and fluid lines which make up DILBAR's timeless profile

As luxury yacht DILBAR gets underway and smoothly cuts through the water, the video unveils the curved and fluid lines which make up her timeless profile as well as her expansive foredeck and sundeck aft, both home to helipads.

She is also said to ‘provide spaces in the interior which have never been seen on a yacht before’. But the superyacht world is left guessing what these could be as the Andrew Winch-styled interior remains a heavily guarded secret.

In terms of length, M/Y DILBAR is the fourth largest yacht in the world.

For more information on other Lurssen superyachts, please contact your preferred charter broker .

Alternatively, take a look at all yachts similar to DILBAR that are available to charter .

More Yacht Information

156m Lurssen 2016

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The best photos of 156m Lürssen superyacht Dilbar

Dilbar in southampton.

Dilbar was spotted moored at Southampton’s Town Quay earlier this year. The yacht then made its way across the English Channel and the North Sea to Germany. Delivered in 2016,  Dilbar  features exterior design by Espen Øino with interiors by Andrew Winch .

Dilbar Underway

Dilbar was later seen underway for Hamburg to begin a refit at the its home yard Lürssen . Dilbar has an total interior volume of 15,917GT and features a 180 cubic metre swimming pool believed to be the largest on any yacht.

Dilbar at Anchor

Here, Dilbar is seen at anchor in the Mediterranean following her delivery voyage in 2016.

Dilbar on Sea Trials

Previously known as Project Omar, Dilbar is seen here embarking on sea trials after first hitting the water in 2015. 

Dilbar Under Construction

This timelapse video showing the construction of the 156 metre superyacht Dilbar was released by Lürssen to mark the delivery of the superyacht. The footage shows construction underway on the hull and superstructure prior to launch and aerial footage of the record-breaking yacht on her delivery trip.

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Delivered in 2016, Dilbar is the largest motor yacht in the world by gross tonnage. She is one of the most complbuilt as and challenging yachts ever built, in terms of both dimensions and technology. At 15,917 tons, the 156-meter superyacht features entertainment and recreation spaces never before seen on a yacht. These include a 25-meter swimming pool that holds an incredible 180 m³ of water, the largest pool ever to have been installed on a yacht. The exterior design, a classic profile with a light ivory hull and bronze accents, was developed by Espen Øino International. Her spectacular interior, created by the Winch Design team, uses rare and exclusive luxury materials.

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DILBAR Yacht – Glamorous $800M Superyacht

At 156 meters (512 ft), DILBAR yacht is the fifth-longest yacht in the world.

If measured by tonnage, she actually ranks in first place as the largest yacht in the world by interior volume. DILBAR was built by Luerssen in Germany in 2016.

DILBAR yacht interior

The interior of the DILBAR yacht was designed by Andrew Winch’s studio based in London. Twelve luxury suites can accommodate 24 guests onboard the yacht.

An impressive 96-member crew finds space below deck and tends to every need the guests might have.

The crew can move through the vessel on separate crew passageways to ensure maximum privacy and a luxurious experience.

The superyacht has a gym, sauna, spa, elevator system, beauty salon, and sauna, all for the comfort and entertainment of the guests.

She also has the largest indoor pool ever installed on a yacht, measuring a total length of 25 meters.

The interior of DILBAR features a classical yacht design with beautiful wood elements and opulent furnishings.

Blue and gold accents take the interior design of the impressive superyacht to the next level and have earned her several design awards in the past.

Specifications

The DILBAR yacht has a total length of 156 meters (512 ft), a beam of 25.7 meters (84.4 ft), and a draft of 6 meters (19.8 ft).

She was built in 2016 by the Luerssen shipyard in Lemwerder, Germany and the project took more than four years to complete.

Her tonnage lies at 15,917, but she can still reach top speeds of 23 knots despite her weight. Her average cruising speed lies at 18 knots, and she is powered by twin diesel engines.

DILBAR is a multi-award-winning yacht with an array of unusual features. Her exterior was designed by the Monaco-based studio of Espen Oeino, which has worked on some of the world’s largest yachts.

The exterior of DILBAR is white with bronze and ivory accents to match Usmanov’s other luxury vessels. The yacht has two helipads that can hold Usmanov’s H175 helicopter.

Several sunbathing decks with a great selection of seating areas make this yacht the perfect place to relax and enjoy the stunning sea views.

DILBAR yacht for an estimated sales price of US $800 million, although this number could be even higher.

The yacht generates a further US $50 to 80 million in annual running costs.

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