MADRID - Authorities in Gibraltar seized a superyacht belonging to a notorious Russian billionaire on March 21, local media reported.
In recent footage obtained by Storyful, the ship, the Axioma was seen arriving at a dock in the British overseas territory. ThE footage shows the Axioma coming in to dock in the British overseas territory.
The vessel was reportedly seized for its ties to Dmitry Pumpyansky, owner of Russian steel company TMK.The 240-foot boat has an estimated value of $75 million.
It is among several superyachts to have been seized following Russia’s invasion of Ukraine. Authorities in Italy, France and other countries have impounded several luxury vessels as a global crackdown in response to Russia military assault on its European neighbor.Earlier this month, Spanish authorities ordered for a separate luxury yacht believed to be owned by a Russian oligarch to not leave its ports.Spain’s Civil Guard has acted on orders from maritime authorities to not let the "Crescent" superyacht leave the port of Tarragona, police told The Associated Press.The 135-meter yacht is reportedly owned by Igor Sechin, the head of Russian oil company Rosneft.