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5h ago

U.S. Opens Sealed-Bid Auction for Seized Superyacht Amadea

A judge’s dismissal of competing claims cleared the way for a Sept. 10 sealed-bid sale with proceeds directed to Ukraine under a new congressional law.

This image from June 16, 2022 shows the yacht Amadea at the Honolulu Harbor, Hawaii after it had been seized from sanctioned Russian oligarch Suleiman Kerimov.
FILE - The super yacht Amadea sails into the San Diego Bay June 27, 2022, seen from Coronado, Calif. The United States is auctioning off the $325 million luxury superyacht Amadea, its first sale of a seized Russian superyacht since the launch of Russia’s full-scale invasion of Ukraine. The auction comes as President Donald Trump pressures Russian President Vladimir Putin to end the war. (AP Photo/Gregory Bull, File)
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Overview

  • Sealed bids for the Amadea close Sept. 10, with a $10 million deposit required and auction services provided by National Maritime Services.
  • Federal marshals have kept the 348-foot vessel docked in San Diego since its April 2022 seizure in Fiji under Operation KleptoCapture.
  • Taxpayers have borne roughly $32 million in maintenance and storage costs, including about $850,000 in monthly fees during its San Diego berth.
  • The government is seeking to recover those expenses from Eduard Khudainatov, whose claim to the yacht was rejected as a front for the sanctioned owner.
  • Estimated at $300–325 million, the Amadea boasts six decks with a helipad, infinity pool, gym, spa and accommodations for up to 16 guests and 36 crew.