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Top 10 luxury yacht builders 2023

The design and build of a luxury yacht is a truly personal experience. Whether customising a design to be built, or striving to create a completely new concept altogether, superyacht owners will seek to work with a yacht builder that truly understands their vision, and can translate their dream design into a real vessel.

As Royal Huisman proudly state, “If you can dream it, we can build it!”

Those buying a new superyacht will therefore have many questions to ask themselves before settling on a suitable yacht builder and shipyard facility to carry out the project. Thankfully for these prospective owners, there are a number of luxury superyacht brands that have the ability to turn the biggest mega yacht dreams into reality.

Yachting Pages lists the world’s top luxury superyacht builders and their shipyard facilities , from A to Z, identifying some of the best superyachts in the world along the way.

Best luxury superyacht builders

1.  amels, netherlands.

Located in Vlissingen, Amels operates the largest superyacht boatyard in the Netherlands, and is known to be one of the best superyacht builders in the world.

Amels has been operating for over 100 years and offers both Full Custom and Limited Editions, ranging from 55 to 83 metres (180 to 272 feet) LOA. Built on a proven platform and delivered in half the time expected of standard construction superyachts, all 20+ Limited Editions projects have so far been delivered on or ahead of contract, with 55-metre (180-foot) Galene among the most recent to emerge from the yard. With several new projects currently under construction, Amels is likely to be among the top superyacht shipyards for many years to come.

2. Benetti, Italy

Founded in 1873 and headquartered in Viareggio, Benetti is the world’s largest builder of superyachts by number built, with a production capacity of 100 units per year.

Most famous for building Sir Philip Green’s 90-metre (295-foot) Lionheart in 2016, 2019 was its breakthrough year with its first 100-metre+ (328-foot+) deliveries of Lana, Luminosity and IJE. This gave Benetti 2 nd , 3 rd and 4 th spots on the Top 10 Largest Superyachts Delivered in 2019 . Luminosity is widely believed to be valued in excess of €200,000,000 and is listed with Fraser and Burgess (as of November 2020).

3. Feadship, Netherlands

The home of full-custom superyachts, Feadship is one of the few shipyards worldwide that works to create completely custom yachts. It has worked with superyacht owners since the 19 th century to create one-off luxury motor yachts that are truly unique.

Feadship currently has four shipyard facilities in the Netherlands, with expansion underway at its Amsterdam facility in Western Harbour to offer the ability to build motor yachts as long as 160 metres (525 feet). To date, there are over 250 Feadship yachts in navigation, including 99-metre (324-foot) Madame Gu, 99.95 (327-foot) Moonrise, 101-metre (333-foot) Symphony and 110-metre (361-foot) Anna.

4. Fincantieri Yachts, Italy

Fincantieri Yachts specialises in full-custom luxury pleasure yachts over 70 metres (230 feet) with no upper limit to the size or volume that it can produce. The builder currently has a range of concepts and projects, including 70-metre (230-foot) superyacht Blanche.

Having manufactured in excess of 7,000 vessels in its 230-year history, Fincantieri has a network of 18 shipyards across four continents, two design centres and a research centre, making it one of the largest Western shipyards in the world.

5. Heesen Yachts, Netherlands

Heesen Yachts is known as one of the world’s luxury yacht builders, specialising in custom superyachts in the 30- to 65-metre (98- to 213-foot) range, but with the additional capability of building vessels of 80 metres (262 feet) and above.

With a focus on quality and innovation, Heesen has created many custom yachts with no two yachts the same. Founded in 1978, it was the first Dutch shipyard to employ aluminium for yacht hulls. In its 42 years, it has delivered more than 170 yachts, with aluminium, steel, displacement, semi-displacement and revolutionary fast displacement yachts making up its fleet. Its most famous vessels include the 65-metre (213-foot) Galatica Star, 70-metre (230-foot) Galatica Super Nova and 55-metre (180-foot) Serenity.

6. Lürssen, Germany

Based in Germany, Lürssen is one of the world's leading shipyards for large luxury yacht building, with a focus on excellence in custom-built superyachts. A family-owned shipyard for four generations, it can claim the accolade of building the world’s first motor yacht back in 1886.

Responsible for building more than 13,000 vessels since 1875, Lürssen currently has eight shipyard facilities in Northern Germany, each specialising in a specific size of yacht ranging from 60 to 220 metres (197 to 722 feet) in length. Together these facilities offer 1,125,000 metres squared of space for new builds, as well as refit, repair and maintenance services.

Lürssen builds some of the largest luxury yachts in the world, including the iconic Azzam, the world’s current largest superyacht at 180 metres (590 feet) LOA.

7. Nobiskrug, Germany

Having just celebrated its 115 th anniversary, Nobiskrug began shipbuilding long before the term ‘superyacht’ was even coined. Drawing on its extensive experience in seagoing vessels, the shipyard turned to yacht building in 2000 with the completion of its inaugural superyacht project, the 92-metre (302-foot) Tatoosh. It has since delivered an impressive portfolio of innovative custom-built superyachts, pledging to work on a single project for a single client to build superyachts ready for the 22 nd century. A big statement of intent.

With two facilities in Northern Germany, the boatyard can currently build vessels ranging from 60 to 426 metres (197 to 1398 feet) in length. Over 1000 in-house employees work across the two sites, where they have developed and built numerous award-winning superyachts, including one of the industry’s most talked about vessels, 142-metre (466-foot) Sailing Yacht A.

2020 saw the launch of 80-metre (262-foot) Artefact. At 2,999 GT, Artefact is now the largest 80-metre superyacht by volume in the world and is one of the world’s first superyachts to meet IMO Tier III emissions regulations.

8. Oceanco, Netherlands

Oceanco specialises in building sophisticated custom yachts ranging from 80 to 140 metres (262 to 459 feet) in length. Offering a highly personal service to clients, Oceanco is positioned with state-of-the-art yacht building facilities in the Netherlands, and a design, sales and marketing office in Monaco.

The builder celebrated its first launch in 1992, and almost 30 years later its portfolio now includes well-known superyachts such as the 95-metre (311-foot) Indian Empress, 82-metre (269-foot) Alfa Nero, 88.5-metre (290-foot) Nirvana and 91.5-metre (300-foot) Equanimity.

9. Perini Navi, Italy

The Perini Navi Group is made up of four independent companies that operate in five specific markets: sailing yachts up to 60 metres (197 feet), large sailing yachts more than 60 metres, racing sailing yachts, fast cruising sailing yachts and Picchiotti motor yachts.

To date, the group has launched 58 sailing yachts and four motor yachts. Its track record for innovative sailing yachts has seen it set the standard for excellence in the sector, launching more yachts over 50 metres (164 feet) than any other builder. It's responsible for the iconic 88-metre (288-foot) three-masted schooner Maltese Falcon, which currently holds the title of the sixth largest sailing yacht in the world, and other award-winning sailing yachts, such as the 73-metre (239-foot) Nautilus, 70-metre (229-foot) Badis I and 64-metre (210-foot) Spirit Of The C’s.

10. Royal Huisman, Netherlands

Established in 1884, Royal Huisman is the only shipyard with two entries in the top 10 largest sailing yachts ever built. The 2020 launch of 81-metre (266-foot) Sea Eagle II was its tenth sailing yacht over 50 metres (164 feet) and its biggest yacht since 90-metre (295-foot) Athena in 2004, which was then the largest sailing yacht in the world. Despite being renowned for its luxury performance sailing yachts, Royal Huisman’s largest delivery in 2021 is expected to be “Project 403 PHI”, a featherweight 55-metre (180-foot)+ aluminium motor yacht under 500GT.

Discover how to choose your luxury yacht builder or alternatively  search for superyacht shipyards .

Tried & Tested

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The Best Luxury Yacht Builders in the World

With prices heading into the billions, it pays to know who's who in the world of luxury yachting.

By Kim Ayling

With each builder claiming to be the best, the world of luxury yachting can be tricky to navigate, even for those who already have a considerable level of expertise. And as the industry continues to rapidly expand , there’s never been a better time to know who’s who within the boat world. From the small-scale boutique builders to the pioneering companies striving for innovation, we’ve narrows down eight of the most renowned luxury yacht builders in the world.

In line with Elite Traveler’s ongoing commitment to responsible luxury, we celebrate the stellar efforts that each of these featured yacht builders have made to reducing the impact of its builds and operations.

From lighter materials and onboard energy solutions, to hybrid motors and marine conservation funding, these luxury yacht builders are not only leading the future of luxury yachting, they’re protecting the oceans too.

[See also: The Best Superyacht Charter Itineraries in the World]

Recognized as a world leader in building pure custom yachts, Feadship has been in pursuit of building the perfect ship since its inception in 1949 – although the brand can trace its roots back another 100 years. With each new ship that Feadship builds, its team employs the most cutting-edge methods and materials available, which when paired with its unpromising attitude toward fulfilling its clients’ desires, promises to deliver some of the most technically advanced yachts in the world – including the recently revealed Project 817 , which has now been delivered as Viva.

Viva remains a groundbreaking yacht build, with Feadship revealing ambitious aims to keep her environmental impact as low as possible. The 308-ft eco-friendly yacht features an advanced hybrid propulsions system that allows the yacht to travel at 12 knots on diesel-electric power. The ship’s hull has been designed with efficiency as a priority to reduce the energy needed to travel through the water.

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The Dutch company has locations throughout The Netherlands, with its headquarters and design and engineering center found in the northern city of Haarlem.

feadship.nl

Dutch yacht building outfit Oceanco was initially founded in 1987 – but it was only in 2002 (when Oceanco found itself in the hands of new owners) that the switch was made to focusing on 260-foot plus superyachts, drawing on old-world Dutch craftsmanship to build the yachts of the future. The award-winning company prides itself on its design-led builds, and in addition to employing its own forward-thinking design team, works with industry-leader designers such as Andrew Winch, Terence Disdale and Sam Sorgiovanni.

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Environmental awareness is core to each Oceanco project, with the aim of not only meeting but surpassing environmental legislation with each build. Even its largest yacht to date – the 394-foot Redentore, which is still under construction – is impressively efficient thanks to her hybrid propulsions system, which keeps fuel consumption to a minimum. Other noteworthy Oceanco’s builds are the striking three-masted Black Pearl , which is powered by a combination of wind power and electric propulsion motors, and one of its latest concepts, Esquel  – an advanced expedition vessel.

oceancoyacht.com

[See also: Twenty for 20: Innovative Yachts of the 21st Century]

Dutch luxury shipbuilder Heesen has received worldwide recognition for its engineering and design prowess since launching in 1978. Heesen proudly pioneers the use of aluminum, which is widely regarded as the premium yacht-building material thanks to its lightness owing to better efficiency. As well as full custom builds, Heesen offers a platform concept that features semi-custom yachts already under construction in order to dramatically cut down delivery waits, without compromising on quality.

One of Heesen’s most notable yachts is Alive, which was the first to feature the revolutionary Hull Vane technology (underwater foil) for greater efficiency and speed, resulting in up to 30% less fuel consumption than a regular yacht. Other celebrated Heesen’s builds are Home and Electra , delivered in 2017 and 2020 respectively, both of which were in the award-winning 5000 FHDF aluminum hybrid class and came as a result of Heesen’s strive to limit the environmental impact of yachting.

heesenyachts.com

Part of the Azimut-Benetti Group, Benetti Yachts can trace its shipbuilding heritage all the way back to 1873 when the Fratelli Benetti shipyard was founded in the Tuscan city of Viareggio – the center of classic Italian shipbuilding. While much has changed in Benetti’s near 150-year lifetime, its focus on building state-of-the-art yachts to impeccably high standards has not, cementing its status as one of the best luxury yacht builders in the world.

As concerns on the environmental impact of private yachts have grown over time, Benetti has adapted its methods accordingly, utilizing hybrid technology to ensure its ships are at the forefront of sustainability. For example, when the Luminosity was first delivered in 2019 she was hailed as one of the greenest superyachts on the sea. The 352-foot yacht features advanced diesel-electric hybrid power, with her powerful battery providing up to 12 silent and emission-free hours at anchor.

Of course, sustainability doesn’t come at the cost of style: the Luminosity features a stunningly designed interior courtesy of Zaniz Jakubowski, with full-length windows drawing the outside in, and tasteful nods to contemporary artists creating a true home away from home.

benettiyachts.it

[See also: Superyacht Builders Heesen on Impacts of Covid-19 Pandemic]

Europe rules the roost when it comes to the top yacht builders in the world – the fifth in our list hails from Germany, with eight yards dotted throughout the country including main sites in Bremen, Hamburg and Rensburg. As with most yacht building companies, Lürssen is family run having been first founded in 1870 by Friedrick Lürssen. Since then the company has developed an esteemed reputation as one of the best in the world, breaking many records along the way, including the longest yacht in the world with Azza in 2015, which measures 592 feet, and Flying Fox which is the largest superyacht available for charter.

Lürssen’s latest superyacht is the sizeable 465.5-foot Nord (previously called Project Opus). Nord transcends the typical design of a superyacht thanks to the work of Italian design studio Nuvolari-Lenard, which was responsible for the yacht’s striking interior and exterior.

As is becoming standard for leading yacht builders, Lürssen is acutely aware of the negative environmental impact of both building and owning yachts. It is taking appropriate action to help mitigate this damage, including providing significant funding to marine life charities and conservation projects and implementing pioneering technologies such as onboard compact silencers and hybrid motor concepts.

lurssen.com

Royal Huisman

With a history that dates back to 1884, Dutch shipyard Royal Huisman proudly stakes a claim as one of the oldest yacht builders in the world. While the company was originally founded to build modest wooden fishing boats, its operations have deftly grown with the times, and Royal Huisman is now responsible for some of the finest and most luxurious yachts cruising the ocean today.

Although best known for its stunning sailing yachts ( Sea Eagle II, Ethereal  and  Aquarius  are particular knock-outs) Royal Huisman has also successfully branched out into the world of motor yachts. Its most recent build is the 192-ft Phi,  which was delivered in 2021. This super-slick aluminum yacht has space for up to 12 guests and since her maiden voyage, has been seen cruising on the Thames through London’s financial district. An apt setting for a yacht of this caliber.

royalhuisman.com

Damen Yachting

Damen Yachting, which falls under the umbrella of the wider Damen Shipyards Group, is another Dutch yacht builder dominating the world stage. Operating as Damen’s building division, Damen Yachting was only formed in its existing state in 2019 and is now responsible for the building of the famous Amels yachts, as well as the SeaXplorer expedition ships and yacht support vessels. Since moving its Amels building operations to Vlissingen in 2003, Damen Shipyards proudly boasts the largest superyacht facility in the Netherlands.

As a company of this magnitude, Damen Yachting naturally has some impressive builds under its belt, including the newest in the Limited Editions semi-custom range: the Amels 60 . Currently under construction with an estimated delivery of 2022, the 197-foot Amels 60  uses a fuel-efficient hybrid propulsions system to slash emissions, cut noise pollution and minimize fuel and maintenance costs.

damenyachting.com

Italian-born Sanlorenzo is continuously regarded as being among the best in class when it comes to yacht builders and has been the recipient of numerous awards in its near-65 year lifetime. Despite Sanlorenzo’s longevity and established status, it remains a truly boutique luxury yacht builder at heart. To ensure the attention to detail and high quality for which it is famous for, as well as securing exclusivity for its clients, Sanlorenzo is committed to working with a limited number of customers each year.

In true Italian style, the superyachts that leave Sanlorenzo’s main La Spezia shipyard transcend trends; instead, they exude classic style and authentic craftsmanship. Combined, this guarantees a truly timeless finish – of which the current flagship Attila is a perfect example. Sanlorenzo specializes in fiberglass, steel and aluminum, ensuring that each owner can select a material to befit their needs.

sanlorenzoyacht.com

Despite dating back over a hundred years, German luxury yacht builder Nobiskrug always has one eye on the future with a steadfast commitment to innovation. Nobiskrug offers fully custom yacht builds, working directly with owners to fulfill their unique vision, as well as working on ship refits. The company operates out of world-class yacht-building facilities in the city of Rendsburg, which include a climate-controlled superyacht hall.

The need to strive for innovation extends to Nobiskrug’s environmental commitments, where it applies advanced technologies in order to limit the impact of its builds. For example, Artefact – which was first delivered in 2020 – was one of the first superyachts to be built in line with the IMO Tier III regulations (which focus on reducing emissions). Artefact uses onboard solar panels and a battery storage system to allow for a limited period of engineless operation, as well as adopting a waste-water recycling system.

nobiskrug.com

[See also: Discovering the World’s Most Exciting Superyacht Concepts]

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76M san bao

94.7m red star, 88.5m illusion plus, 92m ninetytwo, 108.8m tomorrow, 115m estatement, unlimited technology.

Pride Mega Yachts are world-class, competitive mega yacht builders, located in China’s Yantai Peninsula in the Bohai Gulf. Pride Mega Yachts designs and builds its yachts with an experienced, international team of world-class consultants and designers according to European standards. The use of tested, state-of-the art technologies allows for an unwavering focus on innovation and sustainability.

UNLIMITED PERFECTION

With more than 25 years of experience working in the superyacht industry, luxury shipbuilders Pride Mega Yachts have numerous high-quality international projects to their name. China is traditionally not associated with the global yachting industry but that is changing fast. Both country and Pride Mega Yachts have an obsession with perfectionism and a strong drive to significantly contribute to the qualitative aspects of the world economy.

UNLIMITED PROFESSIONALISM

The unrivalled level of professionalism is reflected in the high levels of naval expertise in the fields of engineering, construction, methodology, research and development, design and production. The desire to consistently delivers the very best drives in the constant search for excellence that is required for the creation of superior-quality superyachts. Extraordinary and meticulous craftsmanship forms the indispensable basis for the realisation of the largest, finest, unlimited high-end super yachts.

UNLIMITED IN SERVICE PROVISION

Flexible and client driven, Pride Mega Yachts is constantly seeking the best product and the best solution for the client. From the design process to the construction phase and after completion, Pride Mega Yachts knows that the customer’s experience with the shipyard is as important as the end product. It is therefore always fully focused on realising client wishes, while maintaining the highest levels of quality and safety on board.

UNLIMITED CHOICE

Luxury yacht builders, Pride Mega Yachts knows how keen owners are to feel proud every time they step onto their yacht to enjoy maritime life with friends and family. In order to realise this aspiration as rapidly as possible, Pride Mega Yachts builds its yachts on the basis of a fully tested and engineered standard platform, with several superyachts in various stages of completion at all times. Owners can decide at which stage they want to step in, depending on their wishes regarding time, budget and specifications.

UNLIMITED CUSTOMISATION

From superyachts being under construction based on pre-designed lay-out and outfit to fully customised yachts, Pride Mega Yachts can accommodate all a future owner may require at any stage in the yacht building process. There is no limit to available possibilities in terms of nautical architecture, interior design or technical equipment. All yachts are developed with world-class consultants and designers, paying meticulous attention to Pride Mega Yachts exacting standards. The result is a yacht that meets European standards, while maintaining competitive prices.

UNLIMITED INNOVATION

At Pride Mega Yachts, our team of specialist yacht builders use innovative designs and the finest materials to manufacture our range of custom built yachts. We recognise the importance of customisation when purchasing your own private mega yacht. Therefore, our goal at Pride Mega Yachts is to realise clients’ dreams, transforming complex ideas into a reality, whilst ensuring an outstanding client-driven customer service. Our accomplished team of experts ensures the highest quality experience throughout the entire process and gives you the opportunity to customise any aspect of the project at any stage.

UNLIMITED FLEXIBILITY

Combining the latest state-of-the-art technology and our team of world-class consultants, designers and engineers, Pride Mega Yachts provides an unparalleled fully comprehensive service that gives owners the flexibility to personalise every aspect of their yacht, from the technical specifications, to the interior design and special features. We are committed to providing you with a complete service, resulting in a personalised unique superyacht at the most competitive price.

UNLIMITED DEDICATION

We pride ourselves on our high-quality, client-orientated services. As part of our custom yacht sales strategy, we give owners illimitable customisation options. From the outset, choose the preferred layout, the technical specifications and then personalise the interior design and furnishing. Owners collaborate with our experienced consultants to create the perfect yacht suited to their requirements and expectations. Buyers can also optimise the special features aboard their custom built yachts and influence the project according their budget and time.

88.5M illusion Plus

DISCOVER DELTA

You are invited to discover more about Delta, the craftsmen who create and build Delta yachts, the shipyard and the beautiful city it calls home. Each individual Delta yacht is a masterpiece of innovation and creative design. At Delta, the true measure of innovation is not necessarily in how dramatically it is displayed, but how subtly, effectively — even invisibly — it can be integrated.

The Delta story continues to become greater with every new yacht commissioned. For more than 50 years, Delta’s most important value has remained unchanged. Delta provides the finest custom yacht manufacturing and services — with an owner’s vision and desires at heart. This is a lasting commitment. As new generations of professionals join the ranks and unprecedented technologies enhance their capabilities, Delta remains steadfast in its goal to produce world-class yachts that are truly beyond compare.

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U.S. Eyes $156 Million Yacht in Dubai Linked to a Russian Oligarch

The U.S. Justice Department is taking steps to seize the Madame Gu, a 324-foot luxury yacht, but it will be diplomatically thorny.

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By Kate Kelly ,  Michael Forsythe and Julian E. Barnes

DUBAI, United Arab Emirates — On a clear morning in late October, the jewel-blue hull of the Madame Gu, one of the world’s most luxurious superyachts, gleamed, its aluminum rails shimmering in the sun. Workers on the pier said they had recently seen people painting, cleaning and generally keeping the ship with its helipad and six guest staterooms in pristine condition.

In past years, such a scene would not have been noteworthy. Many superyachts come and go from Dubai’s Mina Rashid Marina, best known as the home of the Queen Elizabeth 2, the trans-Atlantic ocean liner-turned-hotel that dominates the waterfront here.

But Russia’s war in Ukraine has turned an otherwise routine tableau into a diplomatic battleground between the United States and the United Arab Emirates, an important American ally that has established itself as a safe haven for Russian money and assets out of the reach of U.S. sanctions.

The $156 million Madame Gu epitomizes the problem. In June, the United States designated the vessel, which is linked to Andrei Skoch, a Russian steel magnate and lawmaker under sanctions, as blocked property. That means the yacht cannot use American companies for its upkeep, employ U.S. citizens or even use the dollar. The Justice Department is now taking steps to seize the Madame Gu, according to people with knowledge of the plan.

But the United States can’t seize property in a sovereign nation without permission from its government. The Emirates, which has taken a friendlier position toward Moscow, is balking at cooperating with the United States to pursue oligarchs, American officials said. The Kremlin is also using oligarch-controlled companies in the Emirates to acquire war supplies that the West is trying to keep out of Russia’s reach, according to a Western official involved in the sanctions effort against Russia.

Emirati officials did not comment specifically on the Madame Gu but said in a statement that they took their role “protecting the integrity of the global financial system extremely seriously.”

A closer examination of Russian assets in the Emirates shows that even before the war in Ukraine, Dubai had become a playground for Russians with links to President Vladimir V. Putin. At least 38 businessmen or officials with ties to the Russian president own homes in Dubai that are collectively valued at more than $314 million, according to the Center for Advanced Defense Studies. Five of those owners are under U.S. sanctions.

Since the Russian invasion, Dubai has established itself as a safe haven for Russian yachts and aircraft unable to sail or fly elsewhere. After Russian jets were barred from the European Union in late February, the Emirates became the destination for 14 percent of all private flights leaving Russia, up from 3 percent before the invasion.

“It’s frustrating when you see huge assets that are sitting out there and it appears that the country is not cooperating,” said Senator Sheldon Whitehouse, Democrat of Rhode Island, referring to the Emirates. “It would be nice if there were more common cause against Putin while he’s busy shelling hospitals and schools.”

Mr. Whitehouse is sponsoring legislation that would use proceeds of the sales of seized Russian assets to help rebuild Ukraine. Senior officials at the Treasury and State Departments have also complained publicly about the situation.

U.S. officials view the presence of superyachts in places like Dubai and Bodrum, Turkey , as a symptom of wider Russian circumvention of sanctions and continued access to financial markets. Yachts have also come to symbolize the decadence of Russia’s oligarchs, especially at a time when Russian soldiers are scrounging for body armor and sleeping bags on the front lines.

Pursuing the Madame Gu

Built by the Dutch firm Feadship and put into service in 2013, the Madame Gu has a large helicopter pad on its forecastle with a hangar underneath that can double as a squash court when the chopper isn’t on board. The vessel has berthing for 36 crew members, according to one trade magazine.

Mr. Skoch, a member of Russia’s Parliament who is linked to assets worth billions of dollars, according to U.S. court filings, has had sanctions imposed on him twice by the United States, first in 2018 and then after Russia’s invasion this year. The Treasury Department has cited his “longstanding ties to Russian organized criminal groups.”

Mr. Skoch could not be reached and did not respond to messages left at his office at Parliament.

In an interview in October about the government’s broader efforts to go after the assets of oligarchs, Andrew Adams, a federal prosecutor leading the Department of Justice’s KleptoCapture task force, declined to discuss the Madame Gu. But the United States, he said, is warning companies they must not do business with individuals and assets under sanctions. The government, he said, will pursue oligarch-owned assets whose sale could be used to aid Ukraine.

“Where we know there is an asset that can potentially provide significant remuneration for Ukraine, that obviously is an attractive case to pursue,” he said.

U.S. officials are likely to use the case they made for impounding a $90 million Airbus business jet linked to Mr. Skoch in August as a blueprint for seizing the Madame Gu, said people familiar with the plan.

That means investigators will aim to show that the owner of the vessel, or the companies that have been providing services to it, have intersected with the U.S. financial system.

“If there are U.S. dollars or a U.S. nexus associated with supporting this vessel, massive enforcement actions could take place,” said Adam M. Smith, a former official overseeing sanctions at the Treasury Department. Companies that provide support to entities under sanctions could potentially face their own sanctions, said Mr. Smith, who is now a lawyer at Gibson Dunn in Washington.

This year the United States has carried out two high-profile seizures of yachts tied to Russians under sanctions, working with cooperative governments. The $300 million Amadea was taken in Fiji in May and sailed to San Diego under an American flag. In April, the United States worked with Spanish police to seize the $90 million Tango.

A Problematic Partner

Diplomatically, the Emirates has been reluctant to take a clear anti-Russian position when it comes to the war in Ukraine. Sheikh Mohammed bin Zayed Al Nahyan, president of the United Arab Emirates, recently met with Mr. Putin in St. Petersburg, and the Emirati foreign minister recently hosted his Russian counterpart. Yet Sheikh Mohammed has also talked with Volodymyr Zelensky, the president of Ukraine, more than once and recently gave the country $100 million in humanitarian aid.

The United States has publicly expressed dismay over the mixed messages.

During a visit to Dubai in June, Wally Adeyemo, the U.S. deputy treasury secretary, warned of the need for vigilance and proactive steps in combating Russian evasion. That same month Barbara Leaf, the State Department’s under secretary for Near East Affairs, said at a congressional hearing that regarding the Emirates, she was “not happy at all with the record at this point” on sanctions enforcement. Mr. Adeyemo reiterated his concerns in a meeting with Emirati officials in October in Washington.

A senior State Department official said in a statement to The New York Times that the agency continues “to reinforce the importance of conducting enhanced due diligence to prevent sanctions evasion and investigating allegations of such activity” to the Emirates.

The Treasury Department declined to comment on the Madame Gu or the relationship with the Emirates.

Last month, the Treasury Department announced it had placed sanctions on an Emirates-based company, Constellation Advisors Ltd., that the American government said was operating on behalf of a nephew of another Russian oligarch, Suleiman Kerimov. Mr. Kerimov, according to American court documents, was the owner of the Amadea superyacht .

American officials are also worried the Russian government is using the Emirates to acquire military supplies for its war in Ukraine. On Nov. 15, the Treasury Department imposed sanctions on two Emirates-based transportation firms that had worked with another Iranian firm under sanctions, which in turn had helped transport drones and personnel from Iran to Russia.

Moored in Dubai

Based on a recent visit to Dubai’s Mina Rashid Marina , where the Madame Gu is moored, it is clear that international companies are playing a critical role in its care.

The Emirates-based company DP World, through its subsidiary P&O Marinas , oversees the pier where the Madame Gu is moored. Employees from another DP World subsidiary , World Security, staff the small guard box at the entrance. That makes DP World, which is owned by Dubai’s royal family, potentially vulnerable to American sanctions.

DP World “fully complies with all applicable local and national laws and intends to continue doing the same regarding the Madame Gu and other vessels utilizing our services,” said Adal Mirza, a spokesman for the company. He added that DP World had not yet heard from the United States or other countries that had placed Mr. Skoch under sanctions, including Britain and the European Union.

A generator set that dock workers said in late October was powering the Madame Gu — two container-like structures near its stern — bore the distinctive orange logo of Aggreko , a British company. The generator set was connected to the superyacht by thick cords; one of the containers was emitting grayish exhaust.

At the Mina Rashid Marina, soon after Aggreko was contacted by The Times, workers removed the generator. “Having identified that the generator was being used to power a vessel that is allegedly connected to a sanctioned person, we immediately terminated this rental and have since recovered the generator,” the company said in a statement.

Mr. Mirza, the DP World spokesman, said the Aggreko generator had been replaced with one from a local supplier.

P&O Marinas arranged for the diesel generator to provide power for the Madame Gu because that part of the pier, a holding area, has no shore-supplied electric power, said a port official in Dubai, who spoke on the condition of anonymity because he is not authorized to talk to the press.

“At the end of the day, if the U.A.E. hasn’t imposed sanctions, it’s not really their job to enforce other countries’ laws within their borders,” said Nabeel Yousef, a Washington-based partner at the law firm Freshfields, where he runs the sanctions practice. Nevertheless, “companies should not take comfort in the fact that their country has not imposed sanctions,” he added, “because even the smallest connection to the U.S. can lead to U.S. penalties.”

There has also been a notable absence onboard the Madame Gu in recent weeks: a flag. Unlike other ships moored nearby, including the Quantum Blue, a superyacht linked to the billionaire Sergei Galitsky, the Madame Gu appears to be stateless, apparently having been deflagged by the Cayman Islands.

Cayman Islands officials didn’t respond to an emailed inquiry about the ship’s status.

If DP World were to face fallout from U.S. sanctions enforcers, it wouldn’t be the first time the company has been the focus of attention in Washington. In 2006, DP World was seeking to manage some terminal operations at six American ports but dropped out of the deal after a bipartisan uproar in Congress.

Anton Troianovski contributed reporting from Turin, Italy, and Oleg Matsnev from Berlin.

Kate Kelly covers money, influence, and policy as a correspondent in the Washington bureau of the Times. Before that, she spent twenty years covering Wall Street deals, key players and their intersection with politics. She is the author of three books, including "The Education of Brett Kavanaugh." More about Kate Kelly

Michael Forsythe is a reporter on the investigations team. He was previously a correspondent in Hong Kong, covering the intersection of money and politics in China. He has also worked at Bloomberg News and is a United States Navy veteran. More about Michael Forsythe

Julian E. Barnes is a national security reporter based in Washington, covering the intelligence agencies. Before joining The Times in 2018, he wrote about security matters for The Wall Street Journal. More about Julian E. Barnes

Our Coverage of the War in Ukraine

News and Analysis

The top American military commander in Europe warned that Ukraine could lose the war with Russia  if the United States did not send more ammunition to Ukrainian forces, and fast.

Ukrainian lawmakers passed a mobilization law aimed at replenishing the nation’s exhausted and depleted fighting forces .

China’s top leader, Xi Jinping, and Russia’s foreign minister, Sergey Lavrov, met in Beijing . The visit came days after the United States threatened new sanctions against Chinese companies if they aided Russia’s war in Ukraine.

A U.S. Lawmaker Speaks Out : Representative Chuck Edwards, a Republican from North Carolina, has emerged as a vocal proponent of U.S. aid to Ukraine in a party that has grown hostile to it. He discussed his recent trip there  in a Q. and A.

Hollowing Out a Generation: Ukraine desperately needs new recruits, but it is running up against a critical demographic constraint long in the making: It has very few young men .

Conditional Support: Ukraine wants a formal invitation to join NATO, but the alliance has no appetite for taking on a new member  that would draw it into the biggest land war in Europe since 1945.

How We Verify Our Reporting

Our team of visual journalists analyzes satellite images, photographs , videos and radio transmissions  to independently confirm troop movements and other details.

We monitor and authenticate reports on social media, corroborating these with eyewitness accounts and interviews. Read more about our reporting efforts .

Billionaire fights to dock his boat on water behind his house. His 164-foot boat, that is.

The love of the water, and a mega-yacht to enjoy it, is putting one resident at odds with village of north palm beach leaders..

For some people, the ultimate Florida lifestyle is a waterfront house , a private dock and a boat parked next to it. But what if that boat is a mega-yacht , and the mega-yacht stretches 164 feet?

That's the conundrum facing the Village of North Palm Beach.

This tiny community in northern Palm Beach County, with only 13,000 full-time residents, has an identity so tied to the water that a ship's steering wheel is the village's emblem.

But it's that love of the water that is putting one resident at odds with village leaders.

For the past several years, homeowner Michael Bozutto has been battling the village for the right to park his 164-foot Westport, dubbed Honey, behind a home he owns at 932 Shore Drive.

The house, built in 1961, is a one-story, ranch-style property with three bedrooms on a half-acre lot. Bozzuto paid $840,247 for the house in 2014, according to Palm Beach County property records.

Lawsuit rooted in dispute over where to dock mega-yacht

What makes this plain house special is its location. It's on a rare corner bordered on the north and east by navigable waters that provide access to the Atlantic Ocean via the Lake Worth Inlet. The east-facing dock is large enough to accommodate Bozzuto's motor yacht.

Since Bozutto bought Honey for an undisclosed sum a decade ago, he mostly has parked it at the Old Port Cove Marina, near Tiger Woods' 155-foot showy mega-yacht, ironically dubbed Privacy.

More recently, Bozzuto has wanted to park Honey alongside his Shore Drive house, one of four houses he owns in the village. While Bozzuto keeps some personal property at the Shore Drive house, he lives at a house he owns at Harbour Isles Court.

Village officials warned Bozzuto he can't park Honey at 932 Shore Drive because boats can only be parked on docks behind houses that are occupied by the homeowner.

But village rules do not define the word "occupied." For instance, the rules do not state that occupied means the house is a residence where the owner lives. Village rules also contain no restrictions on the size of boats that can be kept at private docks.

After years of pushing back against what he believes are fuzzy rules, Bozzuto in March filed a lawsuit against the village.

More: Cannonsport Marina sells for $58.5 million in big deal for tiny Palm Beach Shores

He alleged the municipality is illegally depriving him of his property rights because nothing in the village code prevents him from mooring Honey at his house. He is asking a Palm Beach County Circuit Court judge to rule that he has a constitutional right to dock Honey there.

Gregory Coleman, Bozzuto's West Palm Beach attorney, said the village has plenty of waterfront homes with yachts parked behind them. But Coleman said the village is illegally blocking Bozzuto from docking Honey at his house because the village is bending to pressure from a handful of neighbors who think the boat is too big.

The selective enforcement is wrong, said Coleman, a former president of the Florida Bar.

"He's a very under-the-radar guy who doesn't cause anybody any problems," Coleman said of Bozzuto. "He pays his property taxes, and he wants to be left alone by the village of North Palm Beach. Unfortunately, they are singling Mike out."

Neither Leonard Rubin, the village's longtime attorney, nor Village Manager Chuck Huff responded to requests for comment.

Eric Stettin, a Fort Lauderdale-based attorney who is representing the village in the Bozzuto lawsuit, said he could not comment on pending litigation.

What good is a man's castle if he can't have a boat in his moat?

Coleman's lawsuit describes the conflict as a battle over property rights, but real estate and yachting experts say it's also a sign of the times.

As wealthy new residents pour into the county wanting all the perks of the Sunshine State, they want a boat to go along with their waterfront homes and golf club memberships. Some longtime residents fear Palm Beach County is turning into a playground for billionaires, to the detriment of everyday people who also want to live in sunshine and peace.

This conflict between Old Florida and new money is an ever-present tension, but even seasoned yacht brokers say they've never seen interest in luxury yachts quite as strong as it is now.

More: Illegal boat slips are popping near Palm Beach Gardens. Residents want regulators to act

"What we've seen in the marketplace right after COVID in the yachting industry, and especially the superyacht segment, is the most incredible growth ever seen in the history of yachting to date," said Shannon McCoy, a luxury yacht advisor and broker with Worth Avenue Yachts in Palm Beach.

"A lot of people are moving here with serious money," added Pascal Savoy, U.S. managing director of Camper & Nicholsons International yacht brokers in Fort Lauderdale.

While in the past Palm Beach County was not considered lively enough for some buyers, Savoy said the county's growing sophistication is putting it on the map in a way never seen before.

"It's a mini-Monaco for us," Savoy said.

Prices for mega-yachts can range from $18 million to $60 million, or many times that, for the largest and most decked-out mega-yachts, Savoy said.

While some yachts can be glitzy, a 164-foot Westport is considered a more low-profile boat, Savoy added.

Michael Bozzuto's interests: Houses, boats and philanthropy

Bozzuto is no newcomer to North Palm Beach. He's been a resident of the village for 20 years.

He is the billionaire owner of a family-owned supermarket wholesaler in Connecticut, and an investor and philanthropist who likes to collect houses and yachts, Coleman said.

In addition to the four North Palm Beach houses and several yachts he owns, Bozzuto in February paid a whopping $31.1 million for a house in the Town of Palm Beach Shores. The house, which has two docks, sits just north of the Palm Beach/Lake Worth Inlet.

Twin City Mall: North Palm clears way for redevelopment, taller buildings at landmark site

Coleman said there is plenty of room for other boaters to navigate the waterway when Honey is parked at the Shore Drive house in North Palm Beach. And while other people may not have as large a yacht, there are other sizeable yachts parked on docks behind other North Palm Beach homes, too, he added.

At a 2017 village council meeting, then-Mayor Darryl Aubrey commented on the issue, according to the complaint.

"When I didn't live here full time, I had a boat sitting in my dock, I was gone nine months of the year. I don't see how you can say that someone has to be in a residence year-round, seems to be some interpretation of occupant, there would be an enormous number of violations," Aubrey said.

Another member of the village council asked if the village had a definition now, the complaint said.

Rubin, the village attorney, replied: "No, we don't," according to the lawsuit.

Show me the money? Here it is: West Palm and Palm Beach rank in top 5 as cities with fastest growth in millionaires

Palm Beach County's waterways run deep, and they are popular

The yacht docking dispute is particularly timely, given the scarcity of dock space for boats of all sizes.

The most convenient place to park a boat is on the water behind a house, brokers say. But not every waterway or channel can accommodate the draft, or depth, of a mega-yacht.

However, the dock behind Bozzuto's Shore Drive house can.

Not only is the Westport not known for its deep hulls, but the waterway also is typical of northern Palm Beach County, which boasts deep water and easy access to the ocean via the Lake Worth Inlet, said Coleman, a lifelong boater.

"In Palm Beach County, they have deeper water, and it allows people to have larger yachts," Savoy agreed.

But not every waterway is deep enough for every boat.

McCoy said she specializes in helping advise potential yacht owners about the county's varied water depths before they buy a house, if they plan to dock their yacht behind it.

If yacht owners don't have a private dock, the other option is a marina. But marina space is hard to find, with many dock berths reserved for months in advance, McCoy said.

Despite the challenges of owning a boat and finding a place to dock it, yacht brokers say demand continues.

They see interest continuing from business executives moving here with their families as they relocate their companies to Palm Beach County. There's also a growing demand for yachts among female buyers, McCoy added.

They also see younger mega-yacht buyers, some even in their early 30s. This is in sharp contrast to the mostly older buyers in the past, Savoy said.

Palm Beach County may not be as go-go as Miami-Dade County when it comes to showy ships, but if interest continues, "it's coming," Savoy said. "You're going to attract bigger yachts."

Put another way: "No one needs a boat, but everyone needs a boat," McCoy said. "It's the ultimate lifestyle."

Alexandra Clough is a business writer and columnist at  The Palm Beach Post . You can reach her at  [email protected] . Twitter:  @acloughpbp .  Help support our journalism. Subscribe today.

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Cruising the Moskva River: A short guide to boat trips in Russia’s capital

There’s hardly a better way to absorb Moscow’s atmosphere than on a ship sailing up and down the Moskva River. While complicated ticketing, loud music and chilling winds might dampen the anticipated fun, this checklist will help you to enjoy the scenic views and not fall into common tourist traps.

How to find the right boat?

There are plenty of boats and selecting the right one might be challenging. The size of the boat should be your main criteria.

Plenty of small boats cruise the Moskva River, and the most vivid one is this yellow Lay’s-branded boat. Everyone who has ever visited Moscow probably has seen it.

This option might leave a passenger disembarking partially deaf as the merciless Russian pop music blasts onboard. A free spirit, however, will find partying on such a vessel to be an unforgettable and authentic experience that’s almost a metaphor for life in modern Russia: too loud, and sometimes too welcoming. Tickets start at $13 (800 rubles) per person.

Bigger boats offer smoother sailing and tend to attract foreign visitors because of their distinct Soviet aura. Indeed, many of the older vessels must have seen better days. They are still afloat, however, and getting aboard is a unique ‘cultural’ experience. Sometimes the crew might offer lunch or dinner to passengers, but this option must be purchased with the ticket. Here is one such  option  offering dinner for $24 (1,490 rubles).

If you want to travel in style, consider Flotilla Radisson. These large, modern vessels are quite posh, with a cozy restaurant and an attentive crew at your service. Even though the selection of wines and food is modest, these vessels are still much better than other boats.

Surprisingly, the luxurious boats are priced rather modestly, and a single ticket goes for $17-$32 (1,100-2,000 rubles); also expect a reasonable restaurant bill on top.

How to buy tickets?

Women holding photos of ships promise huge discounts to “the young and beautiful,” and give personal invitations for river tours. They sound and look nice, but there’s a small catch: their ticket prices are usually more than those purchased online.

“We bought tickets from street hawkers for 900 rubles each, only to later discover that the other passengers bought their tickets twice as cheap!”  wrote  (in Russian) a disappointed Rostislav on a travel company website.

Nevertheless, buying from street hawkers has one considerable advantage: they personally escort you to the vessel so that you don’t waste time looking for the boat on your own.

Prices start at $13 (800 rubles) for one ride, and for an additional $6.5 (400 rubles) you can purchase an unlimited number of tours on the same boat on any given day.

Flotilla Radisson has official ticket offices at Gorky Park and Hotel Ukraine, but they’re often sold out.

Buying online is an option that might save some cash. Websites such as  this   offer considerable discounts for tickets sold online. On a busy Friday night an online purchase might be the only chance to get a ticket on a Flotilla Radisson boat.

This  website  (in Russian) offers multiple options for short river cruises in and around the city center, including offbeat options such as ‘disco cruises’ and ‘children cruises.’ This other  website  sells tickets online, but doesn’t have an English version. The interface is intuitive, however.

Buying tickets online has its bad points, however. The most common is confusing which pier you should go to and missing your river tour.

“I once bought tickets online to save with the discount that the website offered,” said Igor Shvarkin from Moscow. “The pier was initially marked as ‘Park Kultury,’ but when I arrived it wasn’t easy to find my boat because there were too many there. My guests had to walk a considerable distance before I finally found the vessel that accepted my tickets purchased online,” said the man.

There are two main boarding piers in the city center:  Hotel Ukraine  and  Park Kultury . Always take note of your particular berth when buying tickets online.

Where to sit onboard?

Even on a warm day, the headwind might be chilly for passengers on deck. Make sure you have warm clothes, or that the crew has blankets ready upon request.

The glass-encased hold makes the tour much more comfortable, but not at the expense of having an enjoyable experience.

Getting off the boat requires preparation as well. Ideally, you should be able to disembark on any pier along the way. In reality, passengers never know where the boat’s captain will make the next stop. Street hawkers often tell passengers in advance where they’ll be able to disembark. If you buy tickets online then you’ll have to research it yourself.

There’s a chance that the captain won’t make any stops at all and will take you back to where the tour began, which is the case with Flotilla Radisson. The safest option is to automatically expect that you’ll return to the pier where you started.

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