Authorities in Germany this week seized a lavish $600 million yacht belonging to a Russian oligarch, according to reports. The Dilbar, a 512-foot vessel belonging to billionaire Alisher Usmanov, was ...

German authorities have seized the world's largest yacht by volume after determining that a Russian oligarch had transferred its ownership to his sister — who is also facing Western sanctions. Dilbar, ...

I love spring. The snow is melting. The days are getting longer. And head-turning superyachts measuring well over 300 feet long are popping out of shipyards in Germany, Holland and Italy like ...

One of the most luxurious superyachts in Lurssen’s fleet is set to make waves at this year’s Monaco Yacht Show. Boat enthusiasts will have the chance to get up close and personal with AHPO, a 377-foot ...

Two mega-yachts owned by Russian oligarchs, who are reportedly close allies of Russian President Vladimir Putin, were seized by authorities in Germany and France this week. In Germany, the Dilbar – a ...

Investing.com-- Rheinmetall AG (ETR:RHMG) said on Sunday it has reached an agreement to buy Naval Vessels Lürssen (NVL), the military shipbuilding arm of Germany’s Lürssen Group. The deal is subject ...

First it was Ferrari, now it’s Lürssen: Another notable luxury brand has fallen victim to a cyberattack. The German shipyard, known for building big and beautiful superyachts, was hit by ransomware ...