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Maldives shelters sanctioned yachts of Russian billionaires

A day after coal and fertilizer billionaire Andrey Melnichenko was placed on the European Union sanctions list on March 9, his superyacht Motor Yacht A stopped broadcasting its location while in the waters of the Maldives, according to maritime data. In Italy, four days later, authorities seized another of Melnichenko’s vessels – the largest sailing ship in the world, estimated by Italian financial police at $578 million. Turning off devices that allow authorities to track a vessel’s whereabouts can help keep yachts out of sight.

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