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Hot Water for Russian Superyacht Owner

Friday, 24 February 2017

Hot Water for Russian Superyacht Owner

For the second time, Russian billionaire Andrey Melnichenko was dealing with a lawsuit regarding one of his vessels. Last week his £360million Superyacht A was seized by Gibraltar Port Authority after a lawsuit was filed by German shipbuilder, Nobiskrug.

The spectacularly built, Phillipe Starck designed sailing yacht is the largest vessel of her kind that needs over 40 crew members. She is capable of 35 knots under sail and has a hybrid diesel-electric propulsion system to power her when motoring.

To some this yacht is a masterpiece of design and innovation with eight teak decks, a Heli-pad, swimming pool and underwater viewing window. The three, noticeable masts are each taller than Big Ben, one is so large it has its own room inside.

Had the shipbuilder been successful with their suit then yacht A could have been put up for sale in a sealed-bid auction, and would have been a bargain for an aspiring yacht owner!
However, the suit was settled and the 470-foot mega-vessel left the Gibraltar port yesterday (Wednesday) to complete her sea trials.

It is reported that the first dispute Melnichenko fought was in 2013 regarding motor yacht A. He sued leading coating manufacturer, Akzo Nobel for $100million for an unsatisfactory paint job completed on his motor yacht.

Interesting fact: Both Melnichenko’s sailing yacht A and motor yacht A are named as such so that they appear at the top of the list in shipping registers.

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