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On Board M/Y Goose: A trip back in time for our MD

Superyacht Content’s Managing Director, Mark Upton, took a trip back on board M/Y Goose at the 2022 Monaco Yacht Show, where she was listed for sale with Cecil Wright . It was on this classic vessel that he landed his first Superyacht crew job before moving up to become a yacht captain. Mark, however, remembers Atlantic Goose (her name when he worked on board) as being more than just the first yacht he ever worked on, it was also where he met his wife, Victoria.

In our interview with Mark, we learned more about the yacht’s legacy, and how it felt to return aboard after 25 years.

About M/Y Goose:

Built to Lloyds class by renowned UK shipyard Tough Brothers and completed in 1987, M/Y Goose was launched originally as BRAVE GOOSE – the second yacht by the same name belonging to the late Sir Donald Gosling. She was rebuilt in 2000 and has been meticulously maintained ever since, with the most recent significant work taking place in 2021/2022. The vessel has just passed her Lloyds 5-Year survey.

M/Y Goose can accommodate up to 10 guests across five deluxe suites comprising a full-beam master stateroom on the main deck with a further four en-suite guest cabins positioned amidships on the lower deck for maximum comfort. Further accommodation can sleep a crew of ten to ensure a high level of guest service.

The contemporary but country-style interior for Goose was conceived by H2 Yacht Design and features delicate walnut and ash wood paneling and fine soft furnishing fabrics in the expansive interior guest lounge.

Q&A with Mark Upton, former Captain and current Managing Director of Superyacht Content:

1. how long did you work onboard m/y goose, and what was your role on board.

MU: I joined “the Goose” as a deckhand on 11th October 1997. 25 years ago today. I joined in Hamilton, Bermuda, just before a boss trip before heading south to the Caribbean. I was only actually on board for about 10 weeks due to the owner going through the process of buying a new yacht. So, at the end of December, a few of us moved on to the new yacht.

2. Having worked on a few vessels in different roles, what sets M/Y Goose apart from other Superyachts you worked aboard?

MU: She was and still is a very traditional design. She probably bridges the gap between yachts of the 60’s and 70’s, and the more modern design of a full-width owner’s cabin. However, by modern standards, she is still small, compared with recent yachts of the same length. At the MYS she was next to M/Y Gitana, which is a very similar length but looks a whole lot bigger.

3. Stepping back on board 25 years later, how did that feel? Has the vessel’s interior changed dramatically? Does it have the same atmosphere?

MU: To me, she seems exactly the same. A lot has changed really as she’s been refitted, but the feel and style are still there, and still the same. She’s such a classic.

4. During your time on Goose is there a memory/destination that sticks out to you as your favourite moment onboard?

MU: My first day on board. It was the day I met my future wife for the first time. I knew right then and there. Unfortunately for me, she didn’t see the attraction straight away! Bermuda and Atlantic Goose will always hold fond memories for me.

5. Lastly, M/Y Goose has recently been listed for sale. Could you describe the type of owner you would like to see buy M/Y Goose and how you would like the boat’s legacy and history to continue?

MU: I think the previous owners of The Goose all fall into the same category. Traditional British owners who view the yacht as a home from home. The current Captain and I both described her as a “country cottage’. She is like a home-from-home, comfortable, familiar, and a place you look forward to being. I think the new owners will be similar. She’s a great yacht to travel on and be comfortable on when you get there. Ideally, someone who will be sympathetic to her history and maintain her as a classic yacht, rather than try to modernise her aesthetically too much. It would be great to see her looking the same in another 25 years!

Cecil Wright is delighted to announce their appointment as the Central Agent for the sale of GOOSE , the 45m British-built motor yacht, with an asking price of €4,950,000 (excluding tax).

For more information on the sale of M/Y Atlantic Goose, click here.

Lucy Johnson

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On Board M/Y Atlantic Goose: A Trip Back In Time For Our MD

18 oct 2022 by lucy johnson, superyacht contents’ managing director, mark upton, took a trip back on board m/y atlantic goose at the 2022 monaco yacht show, where she was listed for sale with cecil wright. it was on this classic vessel that he landed his first superyacht crew job before becoming moving on to become a yacht captain. mark, however, remembers atlantic goose for being more than just the first yacht he ever worked on, it was also where he met his current wife, victoria..

About M/Y Atlantic Goose:

View More >

Thursday, 20th october 2022, 38.9m s/y lady m for sale following exceptional refit, tuesday, 27th september 2022, 45m tough bros motor yacht goose back on the market, friday, 23rd september 2022, cecil wright announces exciting new lineup for mys, contact the team.

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Motor Yacht

Goose is a custom motor yacht launched in 1987 by Toughs Shipyard, in the United Kingdom and most recently refitted in 2022.

Goose measures 45.00 metres in length, with a max draft of 2.98 metres and a beam of 7.88 metres. She has a gross tonnage of 352 tonnes. She has a deck material of teak.

Goose has a steel hull with an aluminium superstructure.

Her interior design is by H2 Yacht Design.

Goose also features naval architecture by Alan Deane.

Performance and Capabilities

Goose has a top speed of 14.00 knots and a cruising speed of 12.00 knots. .

She also has a range of 5,500 nautical miles.

Accommodation

Goose accommodates up to 10 guests in 5 cabins. She also houses room for up to 10 crew members.

Other Specifications

Goose is a LR class yacht. She flies the flag of the United Kingdom.

Yacht Builder Toughs Shipyard No profile available
Naval Architect Alan Deane No profile available
Exterior Designer James Scallon No profile available
Interior Designer H2 Yacht Design View profile

Yacht Specs

Goose Yacht

45 m Toughs Shipyard | Custom | 1987 /2017

Length	GT	Built (REFIT)
	352	1987
Beam	Draft	Top Speed
8m	3m	14 Kts

Delivered in 1987, Goose is a 45m motor yacht built by Toughs Shipyard. She features exterior design by James Scallon and interior styling by H2 Yacht Design.

Key Features

Swim platform offers easy sea access
Sumptuous saloon with walnut and ash wood
Open sundeck with sun pads
Full-beam master stateroom

Design & Construction

Designed around a displacement steel hull and an aluminium superstructure she features a 8m beam and a 3m draft. The yacht has an internal volume of 352 GT (Gross Tonnes).

The yacht was designed and constructed in compliance with the Lloyds Register technical standards. She was delivered to her owners in May 1987.

Exterior Design

Goose features a Clipper Bow and a dark blue hull that contrasts sharply with its white superstructure and boot top. The swim platform at the stern provides straightforward access to the sea, enhancing the yacht's usability for water activities.

The main deck's aft section is practical for tender storage, ensuring that all equipment is easily accessible. The bridge deck is designed with an aft lounge and dining area, offering a spacious environment for social gatherings. The open sundeck is outfitted with sufficient space for lounge furniture and sun pads, making it a versatile area for relaxation.

Teak is used for the deck material, adding durability and a clean, polished look to the vessel's exterior. The combination of these design elements ensures that Goose is both practical for maritime use and visually appealing.

Interior Design

Goose's interior design focuses on functionality and understated elegance. The saloon features walnut and ash wood panelling, providing a warm and inviting atmosphere. Soft furnishing fabrics are used throughout, ensuring comfort without compromising on style. The dining area accommodates up to 10 guests around a circular table, positioned to offer clear views through the landscape windows. This arrangement allows diners to enjoy their meals while taking in the surrounding scenery.

Accommodation

Goose is designed to accommodate up to 10 guests in five deluxe suites. The full-beam master stateroom is located on the main deck. This expansive suite offers a spacious sleeping area with ensuite facilities. Four additional guest staterooms are located amidships on the lower deck. Each of these rooms includes ensuite facilities, ensuring that all guests enjoy a high level of comfort and convenience.

To maintain a high standard of service, Goose is equipped to carry a crew of 10.

Performance & Capabilities

Motor yacht Goose is capable of reaching a top speed of 14 knots, and comfortably cruises at 11 knots. With her 80,000 litre fuel tanks she has a maximum range of 5,500 nautical miles at 11 knots. She has been fitted with stabilizers to increase on-board comfort when the yacht is at anchor, particularly in rough waters.

In addition, a swim platform provides easy access to the ocean. Air conditioning offers increased on-board comfort. The sundeck is the social hub of the yacht and an inviting spread of sunpads.

Goose Yacht is not For Sale

Goose is NOT currently on the sales market.

If you're the yacht owner, broker, or captain, please use the "Update Sales Info" link to report any changes to the sales information. Update Sales Info

Length	GT	Built (REFIT)
	352 GT	1987
Beam	Draft	Top Speed
8m	3m	14 Kts

Stand Out Features

Expansive Sundeck

The open sundeck offers ample space for lounge furniture and sun pads.

Panoramic Dining Area

The dining area seats 10 guests around a circular table with clear views through landscape windows.

Swim Platform

The swim platform provides easy access to the sea for guests.

Owner's Brief

Sir Donald Gosling, co-chairman of National Car Parks, commissioned the 42-metre yacht Brave Goose from Toughs Shipyard in London. The build took place on the River Thames, with naval architect Alan Deane & interior designer James Scallon involved from the start. Brave Goose, Sir Donald’s third yacht, after Elizabeth Gertrude in 1953 and then Silver Goose in 1960, reflected his experienced eye for line and personal taste. Sir Donald would later go on to own the 74.6m (245ft) LEANDER .

Owner's Requirements

Quiet operation with aft machinery space
Full-beam guest cabins with convertible options
Main saloon on the top deck
Use of British materials & craftsmanship

Build & Design Team

Exterior Designer

James Scallon

Interior Designer

Naval Architect

How did they do it?

From the beginning, Toughs of Teddington took on the task of constructing Brave Goose with a beam of 8 metres (26.2ft) and a displacement of 360 tonnes. British joinery firms, known for high-quality craftsmanship, were commissioned to fit her out. The owner’s study inside was panelled in sycamore, while the main saloon featured a traditional bar with brass stools and a lounge area. The saloon opened onto the upper deck, which had a dining area enclosed with an awning.

The unconventional placement of the main saloon on the top deck was a significant hurdle. Storing tenders on the main deck abaft the dining suite required meticulous planning to ensure no disturbance to guests when moored stern-to.

Specifications

Principal characteristics.

Builder Toughs Shipyard
Built / Refit 1987 / 2017
Model Custom
Naval Architect Alan Deane
Exterior Designer James Scallon
Interior Designer H2 Yacht Design
Length 45 m

Hull & Superstructure

Hull Type Displacement
Hull Material Steel
Hull Colour Dark Blue
Superstructure Aluminium
Superstructure Colour White
Deck Material Teak
Fuel Capacity 80,000 Litres
Freshwater Capacity 13,000 Litres

Speed & Range

Max Speed 14 Knots
Cruising Speed 11 Knots
Range 5,500nm @ 11 Knots

Engine & Propulsion

Engine 2 x Kelvin
Type Diesel
Power 2x 550hp / 738kW
Total Power 1100hp / 1476kW
Propulsion Twin screw propellers
Cabin Arrangement 1 Owner 3 Double 1 Twin
Air Conditioning
At Anchor Stabilizers
Stabilisers underway
Swimming Platform
1 x 5.79 m Sea ray Speed Boat
1 x 4.88 m Novurania RIB
Photo Gallery
1 x 19f Sea ray Speed Boat
1 x 16f Novurania RIB
United Kingdom
United States

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GOOSE, a 45.42 m Motor Yacht built in the United Kingdom and delivered in 1987, is the flagship of Tough Bros. .

Her top speed is 13.5 kn and she boasts a maximum range of 6500.0 nm when navigating at cruising speed, with power coming from two Kelvin diesel engines. She can accommodate up to 10 guests, with 11 crew members. She has a gross tonnage of 352.0 GT and a 7.62 m beam.

She was designed by Alan Deane , who also completed the naval architecture. Alan Deane has designed 1 yacht and created the naval architecture for 1 yacht for yachts above 24 metres.

Her interior was designed by James Scallon - she is built with a Teak deck, a Steel hull, and Aluminium superstructure.

GOOSE is in the top 30% by LOA in the world. She is one of 518 motor yachts in the 45-50m size range.

GOOSE is currently sailing under the United Kingdom flag, the 4th most popular flag state for superyachts with a total of 882 yachts registered. She is known to be an active superyacht and has most recently been spotted cruising near France. For more information regarding GOOSE's movements, find out more about BOATPro AIS .

Specifications

Name: GOOSE
Previous Names: BRAVE GOOSE,THE GOOSE,ATLANTIC GOOSE
Yacht Type: Motor Yacht
Builder: Tough Bros.
Naval Architect: Alan Deane
Exterior Designer: Alan Deane
Interior Designer: James Scallon
Refits: 2000,2019,2019,2021,2021,2021,2022,2023

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Length: 45.00m - 5 cabins

Shipyard: Tough Bros Ltd
Built year: 1987
Refit year: 2017
4 950 000 €

Description

Motor Yacht ATLANTIC GOOSE (formerly Brave Goose) a 45m motor yacht was originally built in 1987 but totally rebuilt in 2000 and benefiting from a further extensive refit during Winter 2012/2013, her new interior is fresh and light whilst still retaining a homely environment. Timeless styling, beautiful furnishings and sumptuous seating feature throughout her living areas to create an elegant and comfortable atmosphere. She looks like new and in immaculate conditions. charter yacht ATLANTIC GOOSE can easily compete with the recent yachts. Relax in the perfect retreat with everything you need close to hand. ATLANTIC GOOSE is a sanctuary on the sea in which to relax and recharge. Comfortable space makes life on bord a memorable experience. Luxury yacht Atlantic Goose , custom built in 1987 by Toughs Shipyard. James Scallon is responsible for her beautiful exterior and interior design. This superb superyacht ATLANTIC GOOSE is a dog friendly yacht. This super yacht for charter will be based this Summer in Montenegro and available and keen for charter in the Adriatic. Totally rebuilt What you need to know: . 70m² sundeck perfect for cocktail parties . Can welcome up to 100 guests for static events . Crew renowned for their outstanding service . So stable, she does not need zero speed stabilizers

Specifications

Renovation year: 2017
Length: 45.00m (147.60ft)
Beam: 8.00m (26.24ft)
Draft: 3.00m (9.84ft)
Kelvin Diesel
Cruising Speed: 10 knots
Maximum Speed: 12 knots

Accommodation

Number of Guests: 10
Number of cabins: 5
Double cabins: 4
Twin bed cabins: 1
Stabilisers underway: no
Stabilisers at anchor: no
Jacuzzi: no
Gym/sport equipment: no
Number of crew: 10
Fuel consumption: 130 l/h
Building materials: Aluminium;Steel
Yacht location: Palma

Are you interested in this Yacht? Our team is at your disposal to answer all your questions!

Atlantic Goose

by MikosGreekos
August 27, 2011 December 4, 2018

Yachtmati Website offers you this yacht which was formerly named BRAVE GOOSE and at that time this yacht belonged to Sir Donald Gosling who owns NCP Car Parks in the UK. Built at Tough Brothers yard on the Thames. ATLANTIC GOOSE is a Tough Brothers Yacht built in 1987.

ATLANTIC GOOSE at Marina Zeas 16/Aug/06

We recommend you to have a peek at this post for another monster yacht from the gods at Lurssen.

ATLANTIC GOOSE Specification

LOA : 45.0 m

Beam : 7.60 m

Draft : 2.60 m

Construction : Steel

Built : 1987 Tough Brothers UK

Naval Architect : Alan Deane

Int. Designer : James Scallon

Engines : 2 x 550 BHP Kelvin

Speed : 10 / 14 Knots

Crew : 10

Guests : 10

Exnames : BRAVE GOOSE

Photos by willawake and Canon 20D

About Goose

Contact agent.

Specifications


Yard :	Toughs Shipyard
Type :	Motor yacht
Guests :	10
Crew :	10
Cabins :	5
Length :	45 m / 147′8″
Beam :	8 m / 26′3″
Draft :	3 m / 9′11″
Year of build :	1987
Classification :	Lloyds
Refit :	2013
Displacement :	Full displacement


Type of engine :	Diesel
Brand :	Kelvin
Engine power :	550 hp
Total power :	1100 hp
Maximum speed :	13 knots
Cruising speed :	10 knots
Range :	6500 nm


Gross tonage :	352
Hull :	Steel
Superstructure :	Aluminium
Decks :	3
Interior designer :	H2 Yacht Design
Exterior designer :	James Scallon


Extras :	Water-skis and Wakeboard
Extras :	Various towable toys
Extras :	Snorkelling eqiupment
Extras :	Jetski
Flag :	Marshall Islands

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YACHTS FOR CHARTER
DESTINATIONS

ATLANTIC GOOSE, YACHT FOR CHARTER

INQUIRE ABOUT ATLANTIC GOOSE

‘Atlantic Goose’ is a 147.64ft /45m Custom motor yacht built in 2000 by Toughs Shipyard and last refitted in 2011. She is a great choice for a charter vacation with friends and family.

Atlantic Goose’s spacious interior layout sleeps up to 10 guests in 5 rooms, including a master suite, She is also capable of carrying up to 10 crew members onboard to ensure you and your guests get the most out of your charter vacation, and enjoy the most luxurious, memorable charter vacation.

Her impressive leisure and entertainment facilities make her perfect for entertaining friends and family on your perfect charter vacation. There’s space for enjoying lavish dining or simply kicking back.

She has a cruising speed of 11 knots, a maximum speed of 11.5 knots and a range of 5,500nm from 80,000litre fuel tanks. Overall, she beautifully combines style and luxury.

The yacht has a great Wi-Fi connection throughout, so you’ll be able to check emails or share your experience on social media. Air conditioning keeps conditions comfortable throughout the cabins, so you’ll stay cool even on those hot, humid days or nights.

Fun is always close by thanks to toys including 2 x Kawasaki Jet-Skis 150 hp, Snorkelling Equipment, Water-Skis, Wake Board, 2 x Doughnuts, and Banana, sure to keep guests of all ages entertained.

Atlantic Goose Photos & Videos

Atlantic goose features & pricing.

• AIR CONDITIONING • JET SKI • SNORKELING • TOWABLE TOYS • WAKEBOARD • WATER SKI • WI FI

CHARTER RATES

1 x 19ft /5.79m Sea ray Speed Boat with 1 x 210 HP engine 1 x 16ft /4.88m Novurania RIB with 1 x 80 HP Outboard engine

2 x Kawasaki Jet-Skis 150 hp Snorkelling Equipment Water-Skis & mono-ski Wake Board 2 x Doughnuts Banana

Atlantic Goose Is Available at These Locations

CHARTER ATLANTIC GOOSE

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GOOSE YACHT CHARTER

45m / 147'8 toughs shipyard 2000 / 2017.

Previous Yacht

Special Features:

Full-beam master cabin for superior comfort
Impressive 5,500nm range
Interior design from H2 Yacht Design
Sleeps 10 guests
5.79m/19' Sea ray Speed Boat

Superyacht Goose promises to deliver an outstanding charter vacation

The 45m/147'8" 'Goose' motor yacht built by Toughs Shipyard is available for charter for up to 10 guests in 5 cabins. This yacht features interior styling by English designer H2 Yacht Design.

Boasting an array of sumptuous living areas laid out invitingly to create a warm and welcoming atmosphere onboard, motor yacht Goose is the perfect luxury charter yacht for friends and family.

Guest Accommodation

Built in 2000, Goose offers guest accommodation for up to 10 guests in 5 suites. There are 6 beds in total, including 2 king. She is also capable of carrying up to 10 crew onboard to ensure a relaxed luxury yacht charter experience.

Onboard Comfort & Entertainment

Whatever your activities on your charter, you'll find some impressive features are seamlessly integrated to help you, notably Wi-Fi connectivity, allowing you to stay connected at all times, should you wish. You can stay comfortable on board whatever the weather, with air conditioning during your charter.

Performance & Range

Built with a steel hull and aluminium superstructure, she offers greater on-board space and is more stable when at anchor thanks to her full-displacement hull. Goose comfortably cruises at 11 knots, reaches a maximum speed of 14 knots with a range of up to 5,500 nautical miles from her 80,000 litre fuel tanks at cruising speed. An advanced stabilisation system on board reduces the side-to-side roll of the yacht and promises guests exceptional comfort levels at anchor or when underway.

Set against the backdrop of your chosen cruising ground, you and your guests can enjoy fun on the water with the collection of water toys and accessories aboard Goose. Take to the sea on the Jet Skis offering you power and control on the water. Another excellent feature are waterskis that are hugely entertaining whether you are a beginner or a seasoned pro. If you enjoy diving you'll appreciate the diving equipment and the PADI certified professionals on board. If that isn't enough Goose also features wakeboards and snorkelling equipment. When it comes to Tenders, Goose has you covered - with two tenders, including a 5.79m/19' Sea ray Speed Boat.

Goose and her crew are available for charter this summer for cruising within the Mediterranean. She is also accepting bookings this winter on request.

Motor yacht Goose is an outstanding pedigree yacht that delivers on all fronts for superlative luxury yacht vacations.

TESTIMONIALS

There are currently no testimonials for Goose, please provide .

Goose Photos

Length	45m / 147'8
Beam	8m / 26'3
Draft	3m / 9'10
Gross Tonnage	352 GT
Cruising Speed	11 Knots
Built	\| (Refitted)
Builder	Toughs Shipyard
Model	Custom
Exterior Designer	James Scallon
Interior Design	H2 Yacht Design

Amenities & Entertainment

For your relaxation and entertainment Goose has the following facilities, for more details please speak to your yacht charter broker.

Goose is reported to be available to Charter with the following recreation facilities:

1 x 5.79m / 19' Sea ray Speed Boat with 1 x 210 HP engine
1 x 4.88m / 16' Novurania RIB with 1 x 80 HP engine

For a full list of all available amenities & entertainment facilities, or price to hire additional equipment please contact your broker.

+ shortlist

For a full list of all available amenities & entertainment facilities, or price to hire additional equipment please contact your broker.

PADI CERTIFIED TRAINING CENTRE

Your family and friends could learn to scuba dive on your charter vacation onboard this luxury charter yacht. Motor Yacht Goose is a certified PADI Dive Centre yacht so you could obtain your PADI diving card .

'Goose' Charter Rates & Destinations

Summer Season

May - September

€90,000 p/week + expenses Approx $100,500

High Season

€105,000 p/week + expenses Approx $117,000

Cruising Regions

Mediterranean Croatia, Italy, Montenegro

HOT SPOTS: Amalfi Coast

Winter Season

October - April

Please enquire .

Charter Goose

To charter this luxury yacht contact your charter broker , or we can help you.

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Sunrise Yachts Sponsor 2011 Moscow International Boat Show (MIBS)

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Written by Mike Smith

Sunrise Yachts, a luxury yacht building company which is based in Turkey, has been made a main sponsor of next year’s 2011 Moscow International Boat Show (MIBS). The four-day Russian yacht show event is currently scheduled to run from April 14-17 at the Moscow’s Crocus exhibition centre.

moscow boat show

MIBS is organised by the ITE Group and it is one of Russia’s leading boat shows and is an internationally recognised superyacht event. The show covering everything from small parts and accessories to large superyacht with over 9,000 people and 178 exhibitors attended the last year show.

The Paolo Scanu-designed Sunrise 45 yacht is an ocean-going cruising yacht that was released in 2009 to much acclaim at this was the group’s first-ever model.

Sunrise Yachts was founded in 2007 by the German entrepreneur Herbert P Baum along with the French-British yacht builder Guillaume Roché. The luxury yacht group is based in Antalya, Turkey and utilises a 10,000sq m shipyard facility. Sunrise has two sheds measuring 100m (328ft) x 16m (53ft), as well as a 70m (230ft) x 16m (53ft) fully acclimatized paint shed that can accommodate new-build and refit projects up to 65m (213ft) in length and 1,200 tonnes displacement.

The sunrise 45m superyacht by Sunrise Yachts

Along each side of the yacht-building facility, space is available for long-term sub-contractors with the latest equipment and logistics capabilities, along with air-conditioned storage, ventilation and extraction plants. The shipyard is organized as an “assembler,” based loosely on the car industry’s model, with a small, yet powerful project management team charged with running all the in-house long-term sub-contractors.

Please contact CharterWorld - the luxury yacht charter specialist - for more on superyacht news item "Sunrise Yachts Sponsor 2011 Moscow International Boat Show (MIBS)".

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Targeting super yachts owned by Russian oligarchs could hit a nerve in Moscow

Poor transparency around ownership of assets can cause challenges, experts say.

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With sanctions levied and financial assets seized, Russian oligarchs have been scrambling to get their super yachts out of Western ports in search of safer harbours.

One yacht, said to belong to Russian President Vladimir Putin himself, abruptly left port in Hamburg, Germany, just weeks before the Russian invasion of Ukraine prompted wide-reaching sanctions. Others were not so quick to leave European ports.

Authorities in La Ciotat, on France's Mediterranean coast, seized a yacht they say is linked to sanctioned Russian oligarch Igor Sechin, the CEO of state oil company Rosneft. He was Russia's deputy prime minister from 2008 to 2012.

Canada slaps sanctions on Russian oligarch Roman Abramovich
Analysis With Russia pressing on and Ukraine digging in, how will Putin's war actually end?

Industry watchers say oligarchs everywhere are trying to keep their yachts from being taken.

"There's a few yachts that we are watching at the moment in the Atlantic," said Sam Tucker, head of super yachts at the firm VesselsValue, which tracks and estimates the value of these giant luxury yachts.

"I'm expecting some of them to start doing U-turns in the middle of the ocean," he told CBC Radio's Day 6 .

Western countries have imposed a punishing package of sanctions and export control restrictions on Russia in response to the invasion of Ukraine. Russia's biggest banks were hit, as was the country's central bank. Major state-owned companies and some of the country's wealthiest individuals have seen overseas assets frozen.

The investment bank JP Morgan Chase believes Russia's economy will shrink 35 per cent in the second quarter of 2022 and seven per cent for the entire year.

White House spokesperson Jen Psaki says the suite of sanctions is meant to make every aspect of life difficult on Putin and the oligarchs who protect him.

"What we're talking about here is seizing their assets, seizing their yachts and making it harder for them to send their children to go to colleges and universities in the West," Psaki said in a briefing this week. "These are significant steps that will impact the people who are closely around President Putin."

<a href="https://twitter.com/hashtag/Putin?src=hash&ref_src=twsrc%5Etfw">#Putin</a>´s Yacht "The Gracefull" inbound Kaliningrad from Hamburg in anticipation of future sanctions due to the conflict in <a href="https://twitter.com/hashtag/Ukraine?src=hash&ref_src=twsrc%5Etfw">#Ukraine</a>. <a href="https://t.co/qdhAUhCH1m">pic.twitter.com/qdhAUhCH1m</a> — @GDarkconrad

Symbolic target

The yachts themselves are worth hundreds of millions of dollars, but experts in Russian sanctions say this isn't just about the dollar value.

"They don't have much value compared to the total net worth of an oligarch," said Bill Browder, a long-time advocate for stiff sanctions against Russian oligarchs, in an email to CBC Radio.

But they are "a highly symbolic attack on something coveted by the oligarchs."

These ultra-luxurious ships became a status symbol for the oligarchs as they amassed fortunes in the 1990s and early 2000s.

"There is a bit of oneupmanship," Tucker told Day 6 . He says the biggest and most expensive ships are cloaked in secrecy. They have extreme privacy and security features, including bulletproof glass, and some require crew to sign non-disclosure agreements.

But Tucker says the biggest security and privacy feature of all is the opaque ownership structure of the yachts. He says precious little information about who actually owns these ships is available.

"[Only] basic information is disclosed — for example, the registered owner — which is often a shell company or a 'special interest vehicle' registered in Monaco, Malta, [or the] Cayman Islands," he said.

Untying those knots is a notorious problem, but one usually confined to taxation issues.

"One thing that I think may come out of this whole situation is the increased call for transparency and transparent ownership," said Tucker.

Yachts on the move

So far, only four super yachts have been seized, including a 213-foot yacht owned by Alexei Mordashov in Imperia, Italy.

While authorities sift through the byzantine paper trail of ownership, other oligarchs have scrambled their crews to get the yachts to somewhere safe.

"One of the things I've been trying to figure out is, where do they go [next]?" asked Alex Finley, a former CIA officer living in Barcelona, in an interview with As It Happens host Gillian Findlay .

This week, Finley tweeted photos tracking a ship said to be owned by Roman Abramovich, the Russian billionaire who owns the Chelsea Football Club.

Anxious Russians flee by the hundreds each day into neighbouring Finland

"A lot of these yachts that we've been looking at are heading towards the Maldives or the Seychelles. A few are in Montenegro, but they look like they're probably going to be on the move," Finley said in the interview .

Here you can see the sterns of both Aurora and Valerie, and in the other pic, the empty slip where Solaris used to be (which is the size of the empty hole in my heart). 7/ <a href="https://t.co/Luvj5vyWXp">pic.twitter.com/Luvj5vyWXp</a> — @alexzfinley

Neither the Maldives nor the Seychelles signed onto the sanctions, so the ships are probably safe from seizure there. Another major hub is Dubai.

"I think we're going to see Dubai as a big hotspot for these yachts," said Tucker. "It has hot weather all year round and … Russians can fly to Dubai without going through the EU airspace."

Tucker agrees that targeting the yachts is a symbolic move.

"It's really sending the message that they aren't untouchable. We've closed the skies on both sides of the Atlantic so their private jets can't operate, and now we're going after their super yachts," he said.

"I'd be feeling quite vulnerable if I was an oligarch right now."

ABOUT THE AUTHOR

Senior Business Reporter

Peter Armstrong is a senior business reporter for CBC News. A former host of On the Money and World Report on CBC Radio, he was previously a foreign correspondent and parliamentary reporter for CBC. Subscribe to Peter's newsletter here: cbc.ca/mindyourbusiness Twitter: @armstrongcbc

Interview with Sam Tucker produced by Rachel Levy-Mclaughlin

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Sunrise Yachts Sponsor 2011 Moscow International Boat Show (MIBS)

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Sunrise Yachts

63M CUSTOM SUPERYACHT

Recently delivered 63m Sunrise Super Yacht IRIMARI to make world premiere at MYS 2015

New Savings and Benefits for Russian Yacht Owners in 2014 announced by Karpaz Gate Marina

5th Moscow Boat Show, March 20-25, 2012

5th International exhibition of boats and yachts Moscow Boat Show a Huge Success

10 sensational superyachts with spectacular swimming pools

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Leapher Yachts unveils 49m luxury explorer yacht NAVIX50

Inaugural CROYA Charter Show announced for 4th to 6th October 2024 in Split, Croatia

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OCEA delivers 33m motor yacht ARAOK II to her new owner

39m sailing yacht LINNEA AURORA launched by SES Yachts

A luxury charter yacht is the perfect way to encounter New England’s fall foliage display

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Targeting super yachts owned by Russian oligarchs could hit a nerve in Moscow

Social Sharing