“Arrested” SuperYacht Fleeing port? | Ep60 SY News
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- Опубліковано 27 сер 2024
- #superyacht #superyachts #yachts #boats
Episode 60 SY News
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Raise your hand if you've been checking in on eSysman's channel several times a day anxiously awaiting another of the best news reports out there!! Thank you, sir, and cheers from Minnesota, USA.
For me there is no need. YT seems to be doing a decent job of adding the new vids to the top live of my recco list.😛
🙋🏽♀️
UFDA . . . 😙
Somehow feeling joyful with each seizure….🥰
The reason I started watching great info & yes I celebrate each arrest!
“The ecosystem” of these super yachts is immense. You present all things super yachts in such a professional and interesting manner. Not only the content stays current, the actual style of your videos does, as well. Thanks for your continued time and effort.
. . . yes - that is what gives mankind a push of severe advance . . .
@@andybrands1883 they have state rooms with 2 bunks...
One top bunk
One bottom bunk
😁
I like the term "ecosystem" in the context of pure wastage of resources.
Agreed.
@@andybrands1883 In the superyacht world of, > "crew selection and training"; the phrase "looks good in shorts" is a big part of getting the job... I've no idea how many live aboard "crew/friends, with benefits end their careers with a lot of money" there are. Superyacht owners are often in a position to tip crew very very generously for special contributions? to the "owners happiness" but are not always in position to allow discretions.
You have always brought interesting news about yacht movements and coverage of interesting boats in general. Long before this. I'm so happy for you that you are the right guy with the right channel at the right time. I think a lot of people will continue to follow you long after this because your channel was always good anyway.
Can confirm: I found this channel amidst the sanctions fiasco and have been absolutely enthralled (older videos included).
I am very confident that I will continue to follow this amazing channel long after the immediate dramas have unfolded. My only regret is: I wish had discovered the channel earlier!
Are you dog-whistling a beautiful phone call, Brownie?
Arrest derives from the French word arrêt, which means to stop or to stay. It is therefore exactly the correct word for restraining a vessel and preventing it from travelling. It does not imply criminality, but usually involves a reasonable suspicion of criminality. It is only when an asset (such as a vessel) has been seized that the alleged criminality has been proven.
That’s why he said it and explained why he said it.
Old English and Old French and Old Spanish words contributed to English. English is chock full of words with many other nuanced usage other then land living. Why are people hung up on such a trivial detail?......arret it.
Just to increase the geek level further, mediaeval monks copying the bible endlessly developed a massive shorthand for all the common suffixes, and the circumflex ^ was one, a hidden "s". Another's the ampersand &, a stylised "et". Most died out with latin, though - if you were to do the same today, "-tion" would be a candidate. "con-" as well.
I love the channel and your tremendous insight into the little known world of the Super Yacht industry. My heart goes out to all the crews and there families that have been affected by this nightmare. Please keep up your great reporting and don't let slugs steal your stories!
I think it's despicable that people are taking other people's property and they did not work for it government is stealing people's property the government's do not know where that money came from
@@SIRENRICO88 ....do you mean like Putin taking Ukraine's cities from them???
@@steelman86 I think he's referring to Russians that aren't being sanctioned.
and the decent humans of Both ukraine and russia . . .
vlad killing human hopes - his lunch, apparently.
@@SIRENRICO88 are you referring to "communism", the handy method of thieves to use fools to take over a whole country, then kill anyone w brains who produces anything, and handing over industries to your buddies the petty crooks you release from jail to split moneys w you,, while destroying All Nature ,, and then get ready to possess another country of fools like say the UK or the USA, while accusing capable leaders of being "communists" ? you Must not yet be a teenager. study hard .
Regarding "arresting" a vessel: I have heard you explain this terminology many times (as you have said); ignore those who believe they know more about your area of expertise than you do. Keep using the correct terminology and keep up the terrific reporting.
Edit: He changed the title.
You can still think of it exactly like you would a person: Arrest is legally constrained, a person gets thrown in the pokie awaiting bail, trial or pardon. An arrested ship can't leave or go anywhere pending whatever action - be it payment of a fine (bail) or clearing up whatever legal action (trial or pardon) got it arrested in the first place.
Agreed. Unfortunately in most aspects of life, the loudest voices often speak the least sense, where the quiet, sensible voices don't bother wasting their time "correcting the record" with zero actual understanding 🤦♂️
@esysman - can you due a YT card and just have it pop up with a comment of "the arrested terminology, it's explained here" and a point up to the link?
A lot of people are surprised to find out that inanimate objects can be "arrested". The U.S. Marshal Service does it all the time.
Thank you for your videos and constant updates.
As a professional in the industry I can tell you that we are stepping into uncharted territory and quite interesting times.
In the last year it was quite difficult for someone to buy a yacht and prices have been skyrocketing.
We really don’t know what the immediate future of these ceased or arrested yachts will be. It is quite uncertain at the moment.
You are absolutely right on saying that the industry will certainly be turned on its head.
Keep the good work.
I love your channel and hope you get the recognition for all the hard work you've put in. 💜
Esyman in 10 years times : Some people have said you can't arrest a ship, as I said in a previous video this terminology is correct
🤣
Every definition of arrest in legal terms speaks of arresting humans.
Seize or impound property ,freeze assets
But ,this is 2022, so people can change definitions to anything that fits their narrative.
Even Esyman is saying "as far as I can tell", which is a statement of doubt
Next week, green will be red and red will be blue.....
@@prefersoxygen9373 Arrest if a vessel is a valid legal term and has been for a very, very long time. It has been codified in a 1952 International Convention for the unification for certain rules relating to ARREST of Sea-going ships and a 1999 International Convention on Arrest of Ships.
@@aggiewoodie International Conventions and International Law is meaningless unless it applies to both sides. What we actually have is one rule for us , where America and the West can do whatever they like and are never held accountable, and a rule for them, where we be bleat about innocent women and children and how evil the "they" are and set up war tribunals. Conveniently forgetting the million or so Iraqis & Afganies killed. We go to war based on lies and will even fund groups we are ideologically opposed to such as ISIS and the Ukrainian Nazi element. Yet not one Super yatch has ever been arrested or confiscated. The hypocrisy makes me almost as sick as the senseless deaths. Tribalism is what causes wars, we need a principled approach where we call out our side with the same venom and apply International Law and conventions when anyone steps out of line including ourselves or our friends when in the wrong.
@@aggiewoodie then why did he also say seized a few times.... Guess it's whatever we feel these days 😅😅
I did send an email about the article that was written. I hope you get the recognition due. Thanks for all the long hours you've put into tracking these boats and all those who've helped you thought this ordeal as of yet. Cheers! Keep up the great work!
Me too
Whew--also would not be surprised if one of his bosses was not a super yacht owner or fan, and hasn't learned about the plagiarism directly!
Me three!
Detest lazy journalists who cannot even be bothered to give an attribution!
you're a scammer leave us alone ... people like you keep on abusing independent journos who put I in the hard work & allover a sudden you hijack there work
When the going gets tough, the tough get going. You’re growing into the situation. Thanks a lot!
I love this information regarding a subject I knew very little about, living mid-continent. I am amazed at how big these yachts are and how much they cost, and yet, how little they seem to be used by their owners. Just for bragging rights? Thank you for all your hard work tracking these vessels. It’s insane how much money is spent on something that is used so little.
Thorstein Veblen coined the term conspicuous consumption to explain the spending of money on and the acquiring of luxury commodities (goods and services) specifically as a public display of economic power - the income and the accumulated wealth of the buyer.
The term is over 100 years old.
Mainly for showing off to each other, you're right.
Yachts are not a necessity, a person buys yacht when they do not know what to do with the excess money
Also check into a channel called Aquaholic, it's a UA-cam channel done by this super nice guy who shows you the interiors and builds of all varieties of yacht, small to big.
Bragging rights but mostly money laundering.
Just wanted to let you know that I’m really enjoying super yacht news! Your videos are very interesting and I have watched every episode since the 🇷🇺 vs 🇺🇦 started.
What you’ve not commented on are the number of yachts commissioned by “ sanctioned” Russian that are in build at the moment that are having their construction suspended or cancelled.
That would be very interesting to hear about!
With all the information he does give this channel, maybe you can find him more hours in a day, two more of him and or pay him more! 🙋🏼♀️
@@judibarth7999 relax, he didn't accuse, he mentioned something that was relevant...
@@Argosh so, how much have u subbed to this channel? have u bought him a coffee?
@@loubou4043 way to go miss the point completely... If your intention is to drive people away, well done.
The whole “you can’t arrest a vessel” thing is a symptom of the reason why I quit the marine industry almost ten years ago. So many people in shipping just don’t want to learn about their own industry or take any pride in their work. I just got tired of explaining basic stuff over and over again to people who just don’t want to listen.
Funniest one was the harbourmaster in Valencia. We'd had a consignment of orange juice on a ship which got into difficulties and was salvaged. About the first job I had was to sort out the mess, easy, the juice was now the property of the salvagers, I got a new shipment on its way and claimed the insurance. A couple of years later, I'm clearing my desk in a move to Group HQ, the phone goes. "This is the Harbourmaster in Valencia. We have a pile of boxes on the quayside, with your name on, and the boxes, they go POP. The smell is terrible. What you gonna do?" My reply was terse, "They're not ours, speak to the salvagers." "We don't know nothing about that." "Not my problem." "We'll bulldoze them into the harbour, then." "Be my guest, like I said, nothing to do with us." A few years went past, and a colleague who makes the juice reported back. The colder seawater had stabilised the fermentation at a much lower level, so every couple of months, a can blows, and the port is fumigated. There's a couple of thousand cans there. Spain has its own Beaufort Trench (that's the deep spot off Stranraer where they dumped the surplus munitions after WW2. The UK Government recently wanted to put a Chunnel through there, and that stopped it.)
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TO SEE ANYONE PERISH INTO HELL. GOD LOVES YOU SO HE GIVES YOU FREE
WILL AND A CHOICE TO ACCEPT HIM OR REJECT HIM. TO LOVE HIM OR TO LOVE
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LIFE IN HEAVEN! PICTURE YOUR BEST DAY ON EARTH TIMES A BILLION FOR
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YOU REJECT HIM YOU WILL BE SEPARATED FROM HIM & HIS BLESSINGS
(LOVE, PEACE, JOY, HOPE, REST, ETC). IN HELL YOU WILL BE ALONE WITHOUT
GOD OR PEOPLE, YOU WILL BE HOPELESS, YOU WILL BE IN DESPAIR & AGONY
FOREVER!
GOD'S STANDARD FOR HEAVEN IS PERFECTION AND ONLY JESUS
(THE SON OF GOD/GOD IN THE FLESH) LIVED THAT PERFECT LIFE! HE LAID
DOWN HIS LIFE & TOOK THE WRATH OF THE FATHER ON THE CROSS FOR YOUR
SINS! GOD IS JUST SO HE MUST PUNISH SIN & HE IS HOLY SO NO SIN CAN
ENTER HIS KINGDOM OF HEAVEN. IF YOU ARE IN CHRIST ON JUDGEMENT DAY GOD
WILL SEE YOU AS HIS PERFECT SON (SINLESS SINCE YOUR SINS ARE COVERED BY
JESUS' OFFERING). YOU CAN ALSO CHOOSE TO REJECT JESUS' GIFT/SACRIFICE
& PAY FOR YOUR OWN SIN WITH DEATH (HELL) BUT THAT SEEMS PRETTY
FOOLISH! GOD SEES & HEARS EVERYTHING YOU HAVE SAID & DONE. YOU
WONT WIN AN ARGUMENT WITH HIM & YOU CANT DEFEND ANY OF YOUR SINS TO
HIM. WE'RE ALL GUILTY WITHOUT ACCEPTING JESUS' SACRIFICE FOR OUR SINS!
MUHAMMAD DIDN'T DIE FOR YOUR SINS, BUDDHA DIDN'T DIE FOR
YOUR SINS, NO PASTOR/PRIEST/MARY OR SAINT DIED FOR YOUR SINS, NO IDOLS
OR FALSE GODS DIED FOR YOUR SINS, NO ACTOR OR CELEBRITY DIED FOR YOUR
SINS, NO ATHLETE OR POLITICIAN DIED FOR YOUR SINS!
JESUS CHRIST ALONE DIED FOR YOUR SINS & WAS RESURRECTED FROM THE GRAVE! HE IS
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PREPARE YOURSELVES, TURN FROM SIN & RUN TO JESUS! IT STARTS WITH
ASKING HIM TO FORGIVE YOUR SINS & INVITING HIM INTO YOUR HEART/LIFE,
SURRENDER ALL TO HIM! IT'S ABOUT A RELATIONSHIP WITH YOUR CREATOR. HE
KNOWS YOUR PAIN & TROUBLES, TALK TO HIM LIKE A BEST FRIEND! ASK
HIM TO REVEAL HIMSELF TO YOU & HELP YOU TO BELIEVE IF YOU DOUBT!
DON'T WAIT TO CRY OUT! NO ONE IS PROMISED TOMORROW! HE LONGS FOR YOU TO
INVITE HIM IN, HE LOVES YOU MORE THAN ANY PERSON EVER COULD, HE CREATED YOU!
Jesus answered, “I am the way and the truth and the life. No one comes to the Father except through me."-John 14:6
"But whosoever shall deny me before men, him will I also deny before my Father which is in heaven."-Matthew 10:33
“For the wages of sin is death (hell), but the gift of God is eternal life in Christ Jesus our Lord”-Romans 6:23
Yeah, I can understand how that could be very frustrating. The amount of shallow, prideful, ignorant people in the world is staggering - far greater than the minority of thinkers and quiet achievers.
@@montinaladine3264 There's a fine line between knowing excellence, and pride. I'm excellent, but I hope to refute pride. The Nobel Prize Committee just dump themselves on people uninvited. sent me from my initial reaction of grunting, "that's not why we did it" through "how about that?" and back to "nah, that's not me", because it's a Neurotypical honour. To honour me, listen to the lessons I've learned. Outdo me. Discover how it happened.
To hear that xyz Putin claim he's doing the same, though, makes me sick. Zero respect. Zero honour.
The award? 2012 Peace Prize. The headline act was mine, as was the new model Imran Khan told him about, curing the "these bombs are more than we can afford" issue.
@@jeffstrongman7889 I have absolutely no patience for incompetence, especially not with anyone with safety critical responsibilities, even if it means not being loved by my colleagues. The willful ignorance of captains and their officers costs lives and causes massive property and environmental damage every year.
What would you tell the parents who lost their children when the MV Sewol sank? That at least the crew had a jolly good time with nobody nagging at them about getting the stability calculations right? Would you trust the lives of your loved ones in the hands of people with such a cavalier attitude to the correct practice of their profession?
In the merchant navy we always referred to the seizure of a vessel as being impounded. When a vessel is impounded, it still belongs to the owner but can't be released until legal matters are resolved.
Excellent reporting! Thanks Sysman!
Brilliant work, all! May the proceeds be used for good.
Around 10% of the value of these vessels would normally be spent on maintaining and running them each year, so $279 million based on your figures. It's amazing the yachting industry seems to be shrugging this off. I understand that order books are full at many yacht builders, the estimated impact to new orders is based on the average sales to Russia being around 9% of the superyacht marketplace.
All it does is reduce the waiting list a little.
I’m new here and I find this sooooo fascinating! Thank you for all your hard work and keeping the public up to date!!! 👍🏼🙏🏼😊🙌🏼
Great job. During the suez blockage i was so grateful for the almost daily reports of mr Mercagliano (sp?) and learned so much about the vessels and tugs etc. now you are another great source for info and i am very appreciative. Thank you!
Thank you for all of these updates. I also appreciate the care you take to ensure we recognize that the Russian invasion does not necessarily indict the Russian people. Please keep posting.
I think your update today was Excellent. Easy to follow and understand and great description on the vessel’s and the owner’s and why and were there at . Bravo,Well Done.
Thank you for explaining the difference between to 'arrest' and to 'seize' a vessel!
Excellent work -- thank you! Thank you, also, for so selflessly supporting the poor WSJ.
Super Yachts is a loooooooonnnnggg way above my paygrade but kinda fun to follow. Good job.
I used to carry out repairs on vessels along the Cote-d'Azur. Despite I had a good time during when working on those boats, I have changed my perspective over the last years. There are endless arguiments in my point of view that there cannot be enough vessels to be taken away - rightfully so or not.
@@Ron-zr6se first of all al lot of yacht owners have accumulated their wealth by unlawful activities, through tax incentives on the expense of the tax payer, through exploitation of others and so on. Further those people who are having yachts belong to the sort of people who fuck up our planet, either with with their factories, because environmental protection is the most expensive expensive expense when running a company. Through something else. Or that they need to go everywhere they like. That included their travels to the polar regions and also to space. It is time that those people who fucked up the planet give something back. Where ever the human being goes, the human being is stupid enough and lazy enough not to pick up their own rubbish and leave something behind for someone else. Those people have no social responsibility and only greed is on their mind.
@@Ron-zr6se when you can buy favorable laws, there is no "crime". The difficulty is actually finding a billionaire who hasn't benefitted from ill-gotten gains... a needle in the haystack
Question, The newspaper Metro in London said on its front page that Motor Yacht Eclipse was equipped with a missile system and an escape submarine, can this be true?
It’s mind boggling that 3 yachts make up over $1.8 billion of that total!
Sickening that these few have so much while the innocent suffer.
@@rosegeaber7533 its sickening that you have food, internet, and expendable time to find time to do what you want to do while innocents suffer all - and at the same time you want to call the kettle black
Those 3 yachts pay hundreds of mortgages. They are money put for the owner but a jobs program for thousands. The subcontractors needed to keep those things floating are all working stiffs like the majority of us.
@@ah244895 blood diamond industry employs lots of people too, as does the human trafficking industry, what's your point. These oligarchs are directly responsible for Putin being able to do what he does.
@@tadstertrolley7770 Well said Tadster!👍🏼
New builds, being stopped, seems to be the only details not reported.
Any data on that issue?
This stuff fascinates me for some reason.
Thanks for your work.
That would be an area of vulnerability for a shipyard for a boat to take up valuable space for an extended amount of time with no money coming in on the project. WHOA
don't worry...the chinese are still buying super yachts....with their laundered money....lol
The same way an Ant colony is fascinating, you know they are there, you see them occasionally but when you turn a stone and see them in depth, fascinating. Cheers
They would need good contracts, records and be on top of the situation. To act immediately is vital, move on to viable business.
New builds canceled is the best news for our planet
Strange to think that the Super Yacht industry has been propped up by these undesirable and now banned "characters". I hope the industry has prepared itself for these times. The yrds must be terrified, unless they made such provisions. Great work, all over the UK papers too now!
What you have to realize, is just these superyachts represent almost 3 Billion dollars stolen from the Russian people because that is effectively how they were bought. I've seen plenty of times where they also occupy the best spots in exotic locations. Not a fan as you can guess.
To hell with the yards. Their repairs, while creating jobs is merely a prop up of the gigantic kleptocracy of Russia, where we see now, any grifting, corrupt oligarch worth his evil salt, has to have a yacht, by which to decimate the hard earned money they simply siphon out of the economy back home, with every devious pay-off, false billing fraud, or simple confiscation of assets. Favouritism wit Putin, and pork-barrel over invoicing as well as outright theft, adds money in their pockets,...for these sociopathic oligarchs to waste on these gigantic baubles !
@@Legal-gv4gg Agreed but you can't blame a ship builder for their client's actions. Although it must be uneasy at times invloved in building and crewing...
The most entertaining video I've watched in a while!
Thanks again. You are providing a great service.
Excellent! Thank you for keeping up with the ‘arrestments’. Very disappointed that Norway caved. You could have possibly written and directed a documentary on the cutting, shaping, staining, and use of the oars needed to row it home. I guess that if you have enough money, as these goofballs must have, you are damned near untouchable.
Fascinating!!! ...wonderful work and thank you for sharing !!!
I'm only sad for the ordinary crew who are now looking for work but they likely knew who they were signing on to work for well enough.
Thumbs up if you think these super yachts should be used to house Ukrainian refugees...........
Keep up the great work.
A massive thanks to all of your research 🇺🇸
Hello! I stumbled upon your UA-cam channel this week and I am very impressed by your coverage of the yacht seizures. Keep on it! It's good information.
Thanks.
Keep up the good work.
And I suppose that figure does not take into account the value of the art collections which are undoubtedly on board in vast numbers!
Thank you for the video!
Oh, Good point, in the last few years the money spent by these Russian on art works has been staggering.
Not making light of the misery unfolding, but, the tracking and arresting of these monsters is a great movie in the making, hope you get a good consultant fee.
The numbers are just astounding. Wow. Enjoy your reports , updates and information. Thank you!!
I've also heard that some Russian commercial aircraft have also been seized
Commercial or private aircraft, he did mention at lease one helicopter being seized from one of the yachts. I saw a video about homes on the French Rivera being seized and the local Realtors were whining about how it was bad for their business. 🙄
Fabulous reporting
Please continue the unbiased updates.
You’re the 💣!!!
Getting a spot in the bay for Monaco Grand Prix this year should be easier with that lot missing 😁
Patiently awaiting today's episode. Thanks again for the great reporting!
It is nauseating that individuals have so much money they can own these pigs of ships, while others in the world have a hard time keeping food on the table.
I couldn't agree more these floating pleasure palaces are obscene, the world largest penis extenders. 😒
All this money was stolen from the Russian people. Russia's economy when it's 180 million people and a rich Bounty of natural and Mineral has an economy smaller than Australia's with her 26 million. There approximately 128 Russian kleptocratic oligarchs, it has been estimated that since 1991 they have stolen collectively $800 billion US. When Putin took over around
The job loss hopefully is only temporary. I hope everyone finds a way to replace their lost income. Through no fault of their own, they are probably scrambling. It is vital to always have at least 6 months of expenses saved. Preferably several years of expenses saved. Always worth keeping in mind, "this too shall pass". Good luck to all the affected staff!
@@daidavies6210 In ww2, most Europe economies and the UK were in horrific shape. You can't really "blame the victim" which is the EU. The EU probably reckons that russia stopped inside Ukraine is preferable to russia on Poland's border and chose to throw their weight behind containing russia in Ukraine.
Logically it makes sense because if russia reached Poland's border, they are effectively on the border of all Nato countries - one misstep and the conflict becomes inconceivably worse. If russia 'accidentally' hit Poland, my goodness, this would be very bad.
The EU is doing something it really does not want to do. No one wants it. But it's 100% on russia. And like in ww2, everyone is going to suffer economically. But it's temporary. "This too shall pass."
Wonderful style you present in all videos. Your expertise is so duly respected. Day by day I await new esysman and another positive clean episode of yachting news and answers.
Tremendous thanks Stay the course. Love every second.
Who knew I would ever be watching videos about super yachts, and yet here I am.😂
Thank you
Great investigating reporting
Thanks for all the hard work. I look forward to watching your many informative updates.
Just a quick comment to praise you for being so far ahead of the mainstream press on this. I’ve been watching your videos only since a week into the invasion and am amazed that only now the likes of the BBC are picking up on stories you’ve been reporting on for weeks. Well done, exceptional journalism.
Great update as usual. Thank you
Marine model maker. We made models of 2 of the yachts mentioned in this video.
Thank you for your updates ! I think every Ukrainian deserve a free holiday in these superyachts.
Great job. Your dedication to this side effect of the war in Ukraine keeps us balanced. Some repurcussions for the bar guys!👍👍👍
AWSOME they need to keep seizing these super yachts ‼️‼️🇺🇦🇺🇦🇺🇦🇺🇦🇺🇦
Keep 'em coming. Really enjoying this. (from Australia)
Find your channel really easy to watch and I've not even been on a SY.
Cheers ,all the best
as a yachtbuilder, much of the platework upon these yachts, is SUPERB
Amazing info and clear definitions. Thank you. Are you keeping track of yachts "arrested" vs. "seized" and if/when ships move between the lists? I suspect that some are first detained as Arrested while the management companies confirm ownership, and then they may become Seized. And sanctioned ships are now very likely sailing without insurance/certification. No port authority is going to allow them to dock. They'll be stranded at sea out of fuel dead in the water, unless they can get to a 'friendly' jurisdiction.
That was another really good video!!! Staggering amount of money tied up in those Vessels. I do feel bad for the crews who are just trying to make a living to survive.
It's just been made worse by P&O dumping nearly 1000 ferry crew, illegally, for cheaper foreign agency workers, having committed no end of other crimes along the way. The reaction's expanding into a wider classification of oligarchs than just Russian ones.
In practical terms, those with a Services background will always find a berth, you just have to look at the courses around Hereford, Poole and Plymouth to see that. For the rest, the loss of so many truck drivers has created a deficit of around half a million jobs which can't be filled. The UK DVLA isn't helping, as they've dug a hole and are happy in it, but other nations' testing is still recognised, you'd have to research which. That gives time for Swansea to get their act together or a new government to get a grip (neither the Transport Minister nor Prime Minister having any understanding of the concept).
I really enjoy the information that you provide on your channel. I am a non boat owner but have a strong appreciation for the super yachts and learning so much from you. Plus I’m really enjoying the news of the yachts being arrested/siege. I could listen to your information all day. Keep up the good work and I hope you get your recognition deserved for the article put out.
This is some Top Shelf reporting Well Done and keep up the good work ! Stay Safe !!
Brilliant channel. Really fascinating incites into this world once hidden from the hoi poloi.
Well done. Appreciate hearing about all of this it sounds like the sanctions are actually working across the world where ever these yachts go .
@@Peskycitizen_Chris No, the are going after criminals in possession of stolen property.
@@Zomby_Woof Lol the thieves are going after the thieves?
@@easygoingdevilfan1387 It's asset recovery.
@@easygoingdevilfan1387 What's the matter? Afraid they'll come after you next? lol
@@Zomby_Woof It's not asset recovery, more freezing. They will get everything back like Iran back in the day
Keep up the good work.
Thank you for keeping track. GOOD TO KNOW. I hope this adds pressure.
Excellent, timely content drawing non-seafarers (like me)…. perhaps encapsulate seize vs. arrest explanation @1:40 in descriptions, or as first (preemptive) comment.
The summary you made at the end of the video makes it unimaginable to say the least at the eyes of most of the humans who lives and eat day after day. Great work! I just recently found you when the sanctions where implemented.
By the way, did you see a short segment at MSNBC last night, Tuesday? It was about the yacht which is believed to be owned by the leader of Russia.
I am just loving this blog, my near daily fix of news about what is or isn’t happening with Russian owned super yachts and the eye watering values involved too! This is far better than any soap opera, please keep the clips coming. Thank you!
I found you page from a link on Reddit. I have to say I am impressed. Usually when I come to UA-cam I have to turn my volume down because some loud mouth has crazy music and an annoying intro. You have neither. As someone who has no interest in yachts you explained things very well and did indeed make it interesting.
great report! thank you its amazing the money some people have in life, whether legal or not.
It frequently isn't poor but honest, rather poor because honest.
I feel for the crews
Hi. 2.7 Billion, thats awesome. When the auction begins it's going to be a tough choice. Great updates on the situation and affects in the yachting industry. Cool video thanks 😊
During my career as a claims executive with a protection and indemnity club, ships were arrested on a daily basis by various parties wishing to secure a claim for loss or damage. It is usually quite a simple process.
I truly do feel bad for the crew who thru no fault of their own, are out of work.
This conflict has put people world wide out of work. Sailors can find less pleasant work, many others can't.
They should find better people to for. Most of these owners are crooks. They just pay part of certain governments to cover up what these owners do and how they do it. Don't work for them.
*"The best time to plant a tree was 20 years ago and the next best time is now"* I consider this to be best motivational quote I've heard in a very long time. But motivational quotes are useless if you don't practice what you preach*
@LeeAnne Deardorff I heard a lot of investing with Mr Dave Jevans and how good he is, please how safe are the profit?
He's Really amazing with an amazing skills he changed my 0.3btc to 2.1btc
Excellent reporting and the impact of the situation is very worrying for the crew of these yachts with no income and the shipbuilders also. Keep up the good work 👍
Boohoo, they slept with the devil
This channel is a gem. Glad I found you.
I like that people don't know what the word 'arrest' even means. you can arrest a person, you can arrest a vehicle, you can arrest a fall and you can even have arrested development. I wonder if these self-proclaimed grammar experts realize that there are 'arrestor cables' on aircraft carriers to arrest the horizontal velocity of landing aircraft.
An arrest is just to bring something to a complete and total stop; what most people think of as a legal arrest is actually incarceration, the arrest is just when the officer cuffs you or otherwise apprehends to bring in. The version of incarceration for property is impoundment; and since they are not moving the yachts somewhere else and kicking the crew off, it's only an arrest. Seizing means that the owners have permanently lost ownership of property, legally speaking.
you also have detainment, which is temporary and doesn't involve an arrest in and of itself. IE if a police officer stops you for speeding, it's a detainment. If you flip them the bird and refuse to provide licence and registration, you will then be arrested, and likely incarcerated until a bail hearing. Legalese, yeah!
Great points, but to clarify, a person can be arrested as the person is a vessel for the soul, persons have berth/birth certificates as they come ashore from the waters of their mother's womb and are registered on land.
Legalese is a fun subject to study and you find so many interesting facts that have been contorted and diluted over the years. It is isnteresting to see most country's laws are based on Admiralty Law, with slight changes in definition and or spelling (ie; birth/berth) which is why all the similarities cause confusion to those who are ignorant of Law.
I has to laugh at arrested development.😄
@@katiehettinger7857 you laugh, but it's a not so great thing to happen to someone, either mentally or physically, not just the name of a show.
Nope, we use the word "DETAINED" - But then I don't live in Europe or UK so I wouldn't know how their English works over there. Incarceration means confine to prison not jail. When you are arrested you go to jail. When you are incarcerated you don't go to jail, you go to prison. Incarceration are long sentences. Jail are short term - you could be in jail for 6 months after a light sentencing so there is some overlap here.
Usually when you are arrested, you are suspected/charged with a crime. When you are detained you are held for questioning since the authorities are not sure if you are the culprit.
From what I can tell, when you are under sanctions list, you are barred from doing business, no Interpol arrest warrants have been made to put these Oligarchs in custody so they the owners themselves are not being arrested then these boats should be detained base on sanctions.
That is why the word arrested being use here is bit weird - but then most of us arnt in this industries so maybe using the word arrested is applicable here - but it is not base on the way you are defining it.
@@hby7768 I'm in NA, bub, the legalese is the same here. The english is too, unless you're really bad at english.
Go open a dictionary sometime, you'll learn a lot.
So if we play this scenario out a bit. They stay on the bad list and the boats remain under arrest etc, what happens with them in a year for example? Are they sold, scrapped etc? Do the countries pay for the arrest / seizure? For example to the marina or boat yard for storage? I assume fuel and or power is needed for them, or there is a potential they could sink etc?
They get sold at actions by governments. Then our "good" o̶l̶i̶g̶a̶r̶c̶h̶s̶ ̶ billionaires buy them at discounted prices... and the corruption cycle keeps going on!
I came across this channel when the sanctions started and I can honestly say that this is one of the most interesting and well put together channels I've ever seen. I immediately subscribed and not only have I watched the current situation, but I've watched older videos too. I'm also a fan of F1 racing. I'm so glad to have found you.
On a personal level, I am happy that you are looking so dapper and handsome and the screen background is more appealing than a plain looking cabin💯👍🏻
May they all be seized, arrested and sold to pay for the damage in Ukraine 🙏
I have a question: Why can these yachts not be seized/arrested underway? As you've mentioned before a lot of these yachts are passing through Gibraltar and the med, why can't the coast guard of European countries intercept them at sea?
The real question is why should they be able to, its just theft.
@@churblefurbles just like Russia are stealing land and lives from Ukrainians?
Is repossession of stolen property really theft? I suppose it’s a sort of re-stealing of stolen goods. You can’t seriously feel bad for oligarchs in a country that is as poor as Russia. In 2015 the average Russian family had total assets of $850 that’s lower than the average in India. The oligarchs are garbage.
👍Great coverage of the situation by a knowledgeable guy.
I know nothing about yachts but I love your channel. Might I suggest you “pin” the difference between an “arrested “ vessel and a “seized “ vessel to the top of your page so you don’t have to continually explain it. I also appreciate that you talk about the effects on people down the food chain.Thanks again for your very informative channel.
PS: I don’t know how advertising works with UA-cam, but the advertising for this one for me was NetJets.🤣
What are those six vertical stacks on top of Crescent? I saw a similar set, same configuration, but set at a slight outward angle, on another yacht. They're probably completely innocent, but they certainly do look like part of some sort of defensive system.
Real questions : how does this play out ? Will the owners of these boats figure out a way to save or make money off this ? Not likely these could be sold off. Who would be crazy enough to buy a ship taken from an angry billionaire ?
If these yachts are never returned to the owners and sold off by the governments arresting them then all of it was a big money grab or those countries just got new Presidential state vessels.
Something to think about, Iranian assets were frozen in the 1979 and not released until 2016.
How it usually plays out is the vessels are usually sold, either for the scrap price or to someone interested who can pay the asking price. The money generated would then go to buying weapons and ammo to help Ukraine fight the Russians.
Humanitarian costs alone are staggering. Would be nice if the vessels could be sold and the money go directly to relief efforts. These people are costing the entire world billions, when all is said and done. Their assets should go towards the damage theyve caused.
@@katiehettinger7857 might need a refit
Nobody is going to believe a yacht is “arrested” until the see it in Handcuffs!!!
#perpwalk
#perpsail
Love the daily updates.... 🤠
Was the Axiona (sp?) brought in by it's crew in some sort of mutiny? It would seem odd for someone on the sanction list to just surrender their vessel in such a blatant way.
I thought that too. 🤔
@@katiedotson704 Marine salvage laws are extremely convoluted, and the legality of "finder's keepers" can vary depending on whether any crew remain on the vessel, whether an anchor of any kind was in the water, and whether the vessel was in any danger. I suspect that the crew may have mutinied or sabotaged the boat in some way to justify putting in to Gibraltar rather than facing an uncertain journey home from Russia, but that's just speculation on my part.
Sell them and give it all to the Ukrainians who are suffering and to help rebuild their country
Only oligarchs can afford them :D
Arrest/arresting can also used when on an aircraft when it is quickly stopped after landing with the help of "arresting gear", probably most often used on aircraft carriers when every meter of a runway matters. So the word is far from being used to only describe a person being restrained, it has many uses.
Another great update! Thank you eSysman… 🙏👏👍
When is it legal for someone to board these behemoths and take a few internal pics to share with us all??
I’d love to see what they look like from the inside??? 🤔🤔