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History of Maxi Yachts

Maxi Yachts is a renowned Swedish boat manufacturer with an enduring legacy in the yachting world. The company was founded in the late 1960s by Pelle Petterson, a respected designer and accomplished sailor. The brand was dedicated to crafting high-performance sailing vessels that embodied Swedish craftsmanship, sophistication, and innovative design. The company's pioneering spirit and attention to detail quickly gained recognition, and in less than ten years, the Maxi 1100, their flagship sailing yacht, had become a popular name among enthusiasts and professional sailors.

Over the years, Maxi Yachts has evolved and diversified its range, meeting the high expectations of its global customer base. They expertly blend contemporary design with traditional construction techniques to create sailing vessels known for their durability, performance and design aesthetics. Throughout the 1990s, under the leadership of Petterson's protege, Joakim Karche, Maxi Yachts further cemented its place as one of the leading yacht manufacturers, and it’s models such as the Maxi 1080 were celebrated for their design excellence.

Today, Maxi Yachts is based in Poland and continues to thrive under highly skilled European craftsmanship. Lundh Craft, a distinguished boat building company, carries the torch, ensuring that each Maxi yacht continues to adhere to the highest standards of design, construction, and performance. Notwithstanding the change of location, Maxi Yachts remains true to its core – creating excepcionally well-crafted sailing yachts that embody the spirit of its Swedish heritage. The brand stands firm in its commitment to innovation, perfection, and sailing pleasure, upholding the legacy started by Pelle Petterson more than half a century ago.

Which models do Maxi Yachts produce?

Maxi Yachts produce a range of boats including the Maxi Yachts Maxi 1000 , Maxi Yachts Maxi 25 , Maxi Yachts Maxi 72 , Maxi Yachts Maxi 84 and Maxi Yachts Maxi 88 . For the full list of Maxi Yachts models currently listed on TheYachtMarket.com, see the model list in the search options on this page.

What types of boats do Maxi Yachts build?

Maxi Yachts manufactures a range of different types of boats. The ones listed on TheYachtMarket include Sloop , Cruiser , Racing boat , Cruiser/racer and Bluewater cruiser .

How much does a boat from Maxi Yachts cost?

Used boats from Maxi Yachts on TheYachtMarket.com range in price from £8,510 GBP to £3,360,000 GBP with an average price of £714,000 GBP . A wide range of factors can affect the price of used boats from Maxi Yachts, for example the model, age and condition.

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British Marine

Yachting Monthly

  • Digital edition

Yachting Monthly cover

Maxi 1000: Quick, seaworthy and solidly built

Graham Snook

  • Graham Snook
  • June 9, 2022

If you’re looking for a quick and comfortable cruiser that is full of great features with solid build quality, few boats can rival the Maxi 1000, as Graham Snook discovers

presidente maxi yacht

Product Overview

Anna-Leigh and Alex Cox have both sailed for many years but Gemini , their Maxi 1000, is the couple’s first yacht. They also own a Sunseeker 31 motorboat, but Anna-Leigh’s yearning to return to sailing won over and they now use either boat when work allows, often cruising the Solent or beyond.

As a first yacht for coastal and offshore cruising, the couple have fallen on their feet with Gemini ; the Maxi 1000 has a good pedigree. Her designer was Pelle Petterson, Swedish Olympic medalist and skipper of America’s Cup challengers.

Being made redundant during a global pandemic might not be the best time to buy your first yacht, but it happened at just the right time for Anna-Leigh and Alex. ‘We never thought we’d be able to own a yacht like Gemini , at least not at this stage in our life,’ smiles Anna-Leigh.

‘After more than 20 years with the same company I was made redundant and Alex was looking to expand Raw Bean [his coffee business], so I joined the company and we bought Gemini . We love her, she’s a great boat!’

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A deep forefoot prevents excess slamming to windward. Photo: Graham Snook

The Maxi 1000 was a development of the Maxi 999 that was produced between 1985 and 1992 when the 1000 started production. The model remained in build for 10 years with more than 1,000 built.

Gemini was hull no. 1042, launched in early 2002 and was one of the later boats. Having reached 20 years old, Gemini hides it well; a few loose areas of caulking on the weathered teak decks and scratched detailing of stickers around the coachroof windows show the extent of her life so far.

Covid delays

Anna-Leigh and Alex bought Gemini in 2020, but they weren’t able to collect her from Fowey until spring 2021. ‘We were really lucky though,’ explains Alex. ‘Although because of Covid and the regulations, we weren’t able to visit the boat, Gemini ’s previous owners Pete and Ali Siddall would go down and check on her, they really looked after us well.

‘We couldn’t have asked for a better seller. When we eventually left Fowey they came out and waved us off, taking photos which they then sent us.’

presidente maxi yacht

Although they have sailed for years, Gemini is Anna-Leigh and Alex Cox’s first yacht. Photo: Graham Snook

There was a light breeze when I joined Alex and Anna-Leigh at Swanwick, a far cry from the couple’s first date when Alex had borrowed a friend’s yacht to impress Anna-Leigh, only for it to blow a gale – the less said about that trip the better, but they are living happily ever after now.

Gemini was moored stern-to and boarding was easy. The Maxi 1000 has a long bathing platform with a ladder and a step in the transom. Despite having a radar pole fixed to the step, there was plenty of foot space – one more step and I was in the cockpit.

The Maxi 1000 shares a lot of family features with her previous models; sleek with a pleasing sheer line and wedge-shaped coachroof. After the 1000, bows became more vertical and hulls broader.

Petterson has been clever with the design, keeping the freeboard at a sensible height but sloping her decks up gently going inboard to increase the headroom below.

As standard the 1000 was fitted with a 7/8ths fractional rig and a self-tacking jib, which Gemini still has. The couple have found that the furling No2 genoa (28m2) suits their sailing, giving her the extra sail area the self-tacking jib lacks in light winds. Her Lewmar 40ST winches make short work of either sail.

She also has two jib tracks on the inboard edge of the deck; the forward set allows a jib to be sheeted within the shrouds while the genoa passes outboard.

presidente maxi yacht

Gemini has the optional teak deck, which adds to her desirability. Photo: Graham Snook

Friendly conditions

In the conditions we had, 6-10 knots true, we weren’t going to be pushing her limits. On the wind (32-35º apparent wind angle) we had an apparent wind speed of up to 14 knots and she was sailing well.

Making between 5.2-5.9 knots in the gusts, she would start to feel pressed but remained comfortable and responsive; a few more knots breeze and the genoa might have needed a turn taking in or switched to the self-tacking jib, but as we only had a short beat up Southampton Water it was soon time to bear away.

At 60º AWA the wind was dropping 7-10 knots but we were getting 5-5.4 knots through the water. Gemini has Whitlock wheel steering; its rod connections keep the steering slack-free with responsive control.

Sadly, the breeze decreased more, at 90º in 6 knots she was making just over 4 knots, but by the time we were sailing at 120º AWA in 3.6 knots apparent, it was more drifting with control than sailing.

It was time to put the kettle and the engine on, and head back. Gemini has the optional full teak deck and she looks all the smarter for it. There are a few places where it’s worn or been sanded to a depth where the caulking sealant has come adrift, but the fastenings holding the deck are still well-hidden by their wooden plugs.

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Lewmar 40ST winches make it easier to sail shorthanded. Photo: Graham Snook

She has a detachable mainsheet on a short traveller in the cockpit, enabling the cockpit table or a cockpit cover to be easily fitted.

Stowage in the cockpit is excellent with a cavernous locker to starboard and deep lazarette lockers beneath the helm’s seat and to port.

Moving below, Gemini has wide companionway steps over the engine compartment. The forward section is removable to give good access to the front of the engine. One is instantly struck by the amount of solid wood on show; on the whole, it has aged well.

The Maxi 1000 was available with a teak or an American cherry wood interior, the latter having a more interesting grain pattern.

Below decks

Immediately to starboard is the heads. If you’re entering the boat with soaked oilskins you can get changed in here and then leave the wet kit in the locker to the rear without having to drag it through the boat. Once dry, it can be left in the oilskin locker outboard of the chart table seat, so it’s on hand when you need it.

The chart table is a good size, and what looks like a squeeze is a comfy navigation station. The lid overhangs the table and has a good chunky laminated solid-wood surround with a grab handle forward in the semi-bulkhead.

The locker beneath the chart table has the bin and there’s a drawer beneath that. There is a handy cubby hole outboard, beneath the chart table, and the switch panel is above. Instrument space is a little limited but otherwise, it works well.

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The aft end of the saloon has over 6ft of headroom. Photo: Graham Snook

Opposite, to port, is the L-shaped galley. It has high fiddles and a good grab handle aft of the large double stainless-steel sinks. Above the stove are deck-level lockers with smoothly sliding doors.

Her original 90-litre water capacity was increased by her former owner to 260 litres for trips away to the Isles of Scilly. There is a good line of drawers and a locker beneath the sinks and a pan locker below the stove.

Headroom below is good, with 1.83m+/6ft+ in the galley, aft cabin and rear of the saloon.

Moving forward, the wedge-shaped coachroof takes away headroom from the forward end of the saloon down to 1.68m/5ft 6in and the forward cabin to 1.6m/5ft 3in.

In the saloon are five deck-level bottom-hinged lockers. Where there would be a sixth on the starboard side is an open-fronted locker with a solid wood fiddle. The lockers have solid wood louvred fronts and weighty solid-wood frames.

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Two hatches provide plenty of ventilation in the aft cabin. Photo: Graham Snook

With all this wood it could have easily felt like the inside of a coffin; thankfully though, the Maxi 1000 has a white GRP inner liner which forms the supports for the forward and aft berths, the saloon seat bases, and chart table seat.

Not only does this make the workflow of building the yacht more efficient, it also lightens the lower areas of the yacht.

In these seat bases, one finds lockers that can be accessed from the top and inboard without having to lift cushions or crew. It’s especially handy as Gemini is sensibly fitted with lee cloths, which would further add to the faff of getting into the lockers were it not for these locker doors.

She has a bench seat to starboard and U-shaped seating to port, which has a nice feature that allows the bunk base to slide out to create a double berth. This gives Gemini three decent-sized double berths.

Still in good nick

At 20 years old, Gemini is still in great condition. There are some battle scars in her woodwork and watermarks in her floorboards, but it’s nothing some sandpaper and varnish couldn’t put right.

She has lots of nice little details, such as the raised deck outboard of the helm or the plastic edging around the inspection hatches on the floorboards that seal the edges and stop them from binding and squeaking.

presidente maxi yacht

The chart table has plenty of stowage. Photo: Graham Snook

In the forward cabin, there are bottom-hinged doors to access the under-berth stowage without having to lift the bunk cushions. The long vee berth has an infill, but there is no other floor space in the forward cabin, so with the insert in place, as you would do with sheets on the berth, there’s no room to get changed unless you do so in the saloon or lying down. Not an issue with children, but it might not be ideal for you or any guests you invite onboard.

The berth is 2.09m/6ft 10in long with a maximum width of 1.77m/5ft 9in, but at shoulder height it is only 1.44m/5ft 9in.

Alex and Anna-Leigh have found the aft cabin makes the better owner’s cabin on board. It’s easy to see why, it feels huge. While the berth isn’t the widest (at 1.6m/5ft 3in) headroom is 1.83m/6ft and the space above the berth is unusually generous too. I kept expecting to bump my head but it never happened.

The aft cabin also has both shelf and locker stowage outboard. Locker ventilation is great thanks to the louvred doors. There are reading lights and the main light switch can be reached from the berth. The cabin also benefits from two hatches that open into the cockpit for increased ventilation.

Beneath the berth are the batteries and there is also access to the engine and to the saildrive gearbox.

Opposite the aft cabin is the heads, again there is good headroom here. The shower pulls out of the heads and there are mirrored sliding lockers outboard.

The plinth for the toilet is quite high. The toilet has a fold-down cover that stops the toilet from getting wet and gives a good seat for those having a shower. The toilet roll holder is sheltered in the locker under the sink, also in there, you’ll find a drawer for even more stowage.

presidente maxi yacht

Louvred doors provide good ventilation to the lockers. Photo: Graham Snook

The Maxi 1000 is a good-looking boat that will find favour with those who like yachts with attractive lines and are happy to have a pretty boat rather than a roomy boat.

She harks back to a time before impractical plumb bows when yachts were more parallelogram in profile than brick. Her narrow beam does restrict her accommodation and interior comfort by modern standards, but she’s a more comfortable sailing yacht because of it.

Looking for rivals, I was struck by the good value the Maxi 1000 offers. The quality of her woodwork was good, but compared to other Swedish-built yachts or yachts of a similar quality she was considerably cheaper, almost a third in some cases.

Although her interior woodwork wasn’t pristine, she is two decades old and the quality of the joinery was better than many yachts built today.

Finding a yacht the same age and price that offers excellent coastal cruising, build quality and clever design features along with the ability for club racing, is a hard task.

For those with deeper pockets, there’s the Finngulf 33, Arcona 340 or the Hallberg Rassy 34. If you’re looking for more performance, there are yachts like the Elan 333 or X-Yacht 332, J105 or the newer Dehler 34, but as YM caters for cruising sailors I’ve suggested three rivals that are similar but with a twist…

Alternatives toi the Maxi 1000

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There was an option for a deep performance keel

For a more modern alternative, without having to spend half as much again as a good Maxi 1000, the Dufour 34 is similar in ethos to the Maxi 1000 and within roughly the same price bracket. The 34 model was launched after the Maxi in 2003, and developed into the 34 Performance.

In 2010 it evolved to become the 34e; gone were the aft helm seat and step in the transom. Instead, she gained an open transom with raised aft deck, liferaft locker and fold-down bathing platform, while forward was a larger steering wheel.

Like the Maxi 1000, she’s a nippy 33ft coastal cruiser with the comfort of two separate cabins as standard and a large cockpit that enables her to be used for cruising or racing. Her hull is sleek, well-proportioned and easily driven. She has a single spade rudder and her standard draught was 1.5m/4ft 11in. There was an option for a deep performance keel (1.9m/6ft 2in) to allow her to reach her full performance potential.

A wheel bisects the aft end of the cockpit and got bigger as she became the 34e. Nowadays a boat like her would have twin wheels. The steering was smooth and the large wheel made helming enjoyable.

Below decks, the layout is very similar to the Maxi 1000, even if it doesn’t match the Maxi’s quality; instead of one-piece laminated surrounds to the galley and chart table Dufour uses corner pieces and has an ‘assembled’ feel rather than the crafted feel of Swedish boats.

The use of darker mahogany veneers is also more apparent on board. The berth size is good and, unlike the Maxi, there is room to stand in the forward cabin and there is hanging and shelved stowage in the forward cabin too.

The saloon has a bench seat on each side, with the chart table to starboard. The heads is opposite the galley and there’s the option for a second aft cabin. As the 34 is a newer design and was launched when the Maxi was ending her production cycle, one should expect to pay more.

presidente maxi yacht

An easily driven hull shape gives the 346 good directional stability. Photo: Bob Aylott

The centre cockpit Moody 346 is a good option for those wanting more interior space while still retaining good sea-keeping. It comes at the expense of performance, but the 346 is certainly no slouch – far from it.

Just under 250 Moody 346s were built since its launch in 1986, and some also featured twin keels.

On deck, the 346 can’t compete with the large aft cockpit of the Maxi 1000 or the Dufour 34, and the downsides of the centre cockpit may outweigh the benefits; the raised position increases rolling motion. It’s also smaller and there are more steps to move around the boat from here, whether you’re heading to the saloon, or mooring up or boarding from aft.

However, there is decreased pitching, a large aft cabin and greater owner privacy. Indeed, it is below decks where the 346 makes up ground.

For many, the privacy and space offered in the separate aft cabin is what persuades them to choose a centre-cockpit design. The galley is a longer L-shape and has more countertop space, but much of it is along the corridor to the aft cabin where the headroom is reduced by the cockpit’s shape.

It is the cosy aft cabin that steals the show here though, especially for a sub 35ft yacht. Not only does it have a large double berth outboard to port, but opposite there is also an L-shaped sofa.

While her interior might feel a little dated now, the 346 remains well made and practical, and can offer many miles of comfortable coastal cruising to anyone who chooses to buy one.

presidente maxi yacht

Most of the Westerly Storm 33s have tiller steering. Photo: Lester McCarthy

Westerly Storm 33

For those who like the idea of a 33ft cruiser with a touch of speed, but can’t stretch to the Maxi 1000, a cheaper alternative is the Westerly Storm 33.

The Storm was Westerly’s 1986 take on a performance cruiser and it sold 141 of them. After seven years, it (along with the company) was revamped. She became the Regatta 330 and another 15 were built.

The Storm holds true to Westerly’s values: tough British-built boats with solid joinery that sailed well. The majority have tiller steering, making them quick to respond and rewarding to sail.

The cockpit is a good size and while the coamings are low, they are sloped making them very comfortable when sitting out of the cockpit. Forward, the companionway has a teak grated bridgedeck, and steps below; this gives those operating the coachroof winches more room and provides stowage for the liferaft.

Her interior quality still shows today, although it’s clear that after more than 35 years interior design has evolved while the amount of solid wood has decreased. The lack of a forward anchor locker has increased the space and size of the forward cabin, and it has lockers and floor space to show for it.

The saloon is a good size as is the L-shaped galley, but what she gains forward she loses in the smaller aft cabin and heads. Westerly Yachts remain a popular choice with cruising couples and those with small families and the Storm is no different; she was designed for the British coastal waters and has all you need to enjoyably navigate them.

Expert Opinion

A yacht built by the old Nimbus boat yard and designed by Pelle Petterson is, without doubt, a winning combination of well thought out design and substantial construction standards. As a result, these boats always hold their value.

Of the yachts I’ve surveyed, very few had serious structural problems, but there are a few issues you need to be aware of. Port light fittings within the saloon can allow moisture into the normally very well finished internal joinery and laminate.

Many topsides were moulded in a dark blue pigment and while reasonably colour-fast for around five to 10 years, many do end up with the typical chalking and fading that many dark coloured gel coats suffer with. It can be quite noticeable where repairs have been previously undertaken.

Some 1000s had teak decks overlaid onto the main working GRP decks and as with several other yachts of this age, it’s very important to evaluate the condition and watertightness of the deck as replacement costs will always be expensive.

If you’re considering the wing keel option, take a close look at the hull to keel joint condition and obviously the internal fastenings. It’s not uncommon for yachts of this age to need the fastenings properly checked. It is also important to pay attention to the rudder blade condition as moisture absorption is frequently an issue as well.

Ben Sutcliffe-Davies, Marine Surveyor and full member of the Yacht Brokers Designers & Surveyors Association (YDSA) www.bensutcliffemarine.co.uk

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Galateia wins Maxi A class Maxi Yacht Rolex Cup

Galateia, Y3K and Svea win at Maxi Yacht Rolex Cup

The 33rd edition of the Maxi Yacht Rolex Cup drew to a close on Sunday after four days of close racing out of Yacht Club Costa Smeralda in Porto Cervo.

The final classification remained unchanged from the penultimate day of competition after the last day of racing was cancelled due to lack of wind. The race committee took the decision to send the 45-strong fleet back to port for prize giving.

Fresh off of a win at the PalmaVela regatta, David Leuschen and Chris Flowers' 30.5-metre Wallycento Galateia won the Maxi A class with a seven-point lead from Leopard 3 and eight points ahead of fellow Wally , Bullitt . While Leopard 3 made the strongest start to the event, Andrea Recordati’s newly refitted Bullitt won two races in lighter winds, but it was Galateia that maintained a consistent series of podium finishes.

On his return to the dock, David Leuschen said: "It has been an exceptional week, the key factors for our success have been our consistency, nothing but second and third-place finishes, and our starts, probably the best we have ever had in a regatta. Winning the Maxi Yacht Rolex Cup is an extraordinary achievement, for us it’s like the Holy Grail, so we feel very good."

In the Super Maxi class there was a two-horse race between Claus-Peter Offen’s new custom Wally 101 Y3K and Juan Ball’s Swan 115 Moat , both having scored two bullets, but with Y3K prevailing by one point in her first-ever event.

Y3K, the brand new Wally 101 owned by YCCS member Claus-Peter Offen, won the Supermaxi class on her debut outing, ahead of the Swan 115 Moat and the Briand 108 Inoui. Karol Jablonski, Offen's trusted tactician of many years, explained how they got there: "We are more than pleased with the result. We only had three days to test the boat and we are very happy with the job Wally has done. It is all about teamwork and how fast you learn about the new boat. We’ve been improving from day to day. I must admit that conditions in the first three days were perfect for learning about the boat, because it was blowing quite hard. Then we had light breeze conditions, so we had to learn very fast how to sail the boat in the light breeze as well. It’s a learning process, and we managed well in this first event."

The most dominant performance of this year's Maxi Yacht Rolex Cup was in the J Class where Niklas Zennström and Filip Engelbert’s Svea achieved a perfect scoreline, beating fellow Js Velsheda and Topaz in every race. The result means two class wins in a row for the 43.6-metre Vitters sailing yacht following her win at last year's Maxi Yacht Rolex Cup.

And for the first time, the Maxi Yacht Rolex Cup introduced a new Maxi Multihull class that welcomed three boats to the circuit: a 24-metre APC78 Allegra , the new Gunboat 80 flagship Highland Fling 18 , and a Gunboat 68 Convexity2. Allegra made a strong start claiming the first two races in strong winds, while it was Highland Fling 18 that prevailed in lighter winds that followed in the latter half of the week. Ultimately, Allegra claimed class victory finishing two points ahead. 

Owner Adrian Keller said: "We couldn't have wished for better, the venue is top class, the first two days were great racing, and I think some of our colleagues on the monohulls have understood that catamarans can also be competitive. I think we will see more participants next year, we have agreed among ourselves to make a joint effort to attract more boats, so it will be even more exciting in the future. A big thank you to Sardinia and the YCCS of which I am a member, wonderful hosts.”

The 34th edition of the Maxi Yacht Rolex Cup will take place from 8 to 14 September 2024.

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  • The World’s Fastest Thoroughbred Racing Yachts Are Going Head to Head Again

Sailing’s most beautiful and technical racing yachts are battling for line honors once again.

David reed's most recent stories.

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Maxi Yacht Capri Trophy

They’re back. After a year of mostly canceled events due to Covid-19, the Maxis, the world’s largest thoroughbred racing yachts , are going head-to-head in one of sailing’s most exciting series. The most prestigious contests on the calendar are organized by the International Maxi Association , founded 41 years ago to manage the growing competition between yachting’s high-tech grand dames.

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Not to be confused with the elegant sailing giants known as Superyachts, which typically compete in gentlemanly regattas (sometimes called “buckets”) where boats are required to maintain at least 131 feet of distance between them, Maxis differ in size—Mini-Maxis at 60 to 79 feet, Maxis at 79 to 100 feet and Super Maxis from 100 feet—but are all built for close-hauled racing. With lightweight, carbon-fiber hulls and sails that can run into the six figures, Maxis are purpose-built speed machines, with crews scrambling across wet decks to lift giant spinnakers as skippers steer their race boats within spitting distance in an attempt to gain minor tactical advantages over the competition.

Rolex Giraglia

A yacht on course in the Rolex Giraglia 2021.  Giulio Testa

Among owners, the Mini-Maxi class has become the most popular, for the romantic reason that owners are required to steer their own boats. That involves much more than standing behind the wheel during a race. Owners often oversee the designs and builds of new boats, and help recruit veteran Olympic, America’s Cup and ocean-race sailors who fly in to crew the high-dollar machines. Planning a single campaign can take months.

We’re currently in the middle of Maxi season, the main events for which include the Maxi Yacht Capri Trophy , won in May by Vincenzo Addessi’s Fra Diavolo; June’s 241-nautical mile Rolex Giraglia , where Adalberto Miani’s Arca SGR was first to finish; the Maxi Yacht Rolex Cup , in Porto Cervo, Sardinia, in early September; and late October’s 606-nautical mile Rolex Middle Sea Race , which starts and ends in Malta with a race around Sicily in between. (Some Covid-related changes are in effect this year, with the Giraglia, considered the oldest race in the northern Med, starting in Sanremo, Italy —rather than Saint-Tropez—and ending in Genoa.) As always, sailors are looking to claim not just the victory but the coveted “line honors” that accompany it: First across the finish line is first to the champagne.

Maxi Yacht Capri Trophy

Sailors competing on the Tyrrhenian sea in Capri, Italy.  Courtesy of Rolex

The year’s highlight is the Maxi Yacht Rolex Cup, featuring a week of intense coastal racing involving around 50 boats. The Aga Khan’s remarkable Yacht Club Costa Smeralda in Porto Cervo is the host club, with Sardinia’s picturesque hills and charming ports reminding visitors why it remains the Shangri-La of sailing. And backdrops like Sardinia are the added attraction of Maxi racing, beyond its thrilling competition. The contests take place in some of the Med’s most idyllic settings, which make for ideal vacation spots after the trophies have been awarded.

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Maxi Racing to the Max

  • By Kimball Livingston
  • February 21, 2023

Maxi racing in the Med is hot. Call it a lesson in the value of getting your act together. The game has grown and changed dramatically—and deliberately—with fleets of 50 as the new normal. Ten years ago, none of this was ensured. The secretary general of the International Maxi Association, Andrew McIrvine, tells us, “Rapid change was needed, or it was going to just die.”

How it didn’t “just die” is a story worth telling, and we lean on McIrvine for that. “The International Maxi Association was originally a social club for the owners of 80-footers. That generation was going out as I was invited in,” he says. “The racing had categories that were impossible to define, so people were always gaming it. What’s a racer-cruiser versus a cruiser-racer? And could we ever have effective class splits based on hull length?”

The answer to that, as proven, is no he says. “The categories are now performance-defined, using a single-number IRC rule that includes an accurate weight measurement, not a calculated weight. We photograph the interiors so we know who’s stripping them out. The database includes 155 boats, and it has checks on people who fly too close to the rules. That gives other people the confidence to come out and race.”

The 2023 Mediterranean Maxi Offshore Challenge offers a series of six events, wrapping up in August with the Palermo-Montecarlo Race. That’s 500 miles from Sicily to the Champagne at Yacht Club de Monaco—not to forget the fly-through gate at Porto Cervo along the way and the option of leaving Corsica to port or to starboard. It’s a sporty race in a sporty calendar.

“I truly believe the IMA has made a difference. We’ve attracted a new, younger membership. We’ve added events, and the compass has expanded from the Med to the Caribbean . Whereas we used to have a big mini-maxi contingent and not many boats 80 to 100 feet, in 2022 we suddenly had 12 of the 80- to 100-foot maxis racing, and racing on proper terms. At least two of the current owners are building new boats, which I believe is the sign of a healthy class.

“Then there are the Maxi 72s that have all been modified outside the box they were designed for, but they still race together. They’re more optimized than the other boats, so no one outside their group wants to race against them—they’re a threat—but we can usually give them their own sandbox to play in.”’

And what of the Wallys that seems to have disappeared?

“We gave that up. Wallys come in different sizes, different speeds. I can’t think of a single case of twin Wallys. Now they’ve rejoined according to their ratings, and I think, frankly, the Wally era is over. Luca Bassani’s success with Wallys is such that all designers have copied his concept. When he started, big race boats were neither ergonomic nor pretty, and the decks were bristling with winches. If you go aboard any boat now, it looks like a Wally.

“You could also go the way of Rambler and Comanche, where you pay more and more money to be more and more uncomfortable. Down below, you’re sitting in a carbon-black hole (black because paint adds weight) beside an engine that runs to power the canting keel and the winches. On deck—and it’s true with the Maxi 72s—you find they are exhausting boats to sail because they’re fast upwind at steep angles only. They’re on the edges of the hull to keep the wetted surface to a minimum. The hulls are so wide at the stern, all the crew is hiked hard at the aft end of the boat. And then, in a tack, you’re going from 45 degrees to 45 degrees, and if you don’t get it right running across the deck, you’re in trouble. On a clean deck, there’s nothing to grab on to.”

Placing itself somewhere in between the extremes of the grand-prix set and the ­leaning cruisers, Nautor has a new ClubSwan 80 it’s touting as a one-design class. Loro Piana brought Hull No. 1 to the Maxi Yacht Rolex Cup last year at Porto Cervo, and the boat performed well. Weighing the odds of developing a successful one-design, it’s worth remembering that the ClubSwan 50 had its skeptics, who were proven wrong. But the 80 is a take-no-prisoners statement. It’s a major turn for a company whose classic racing events feature boats with furniture. Now we’re talking all carbon with a canting keel, a tacking daggerboard, push-button controls, twin rudders, design by Juan K, and construction in Italy by Persico—very fashion-forward. I’m sure you had a look at that boat.

“It’s a fascinating project, and it looks extreme, but it has, theoretically, cruising potential,” McIrvine says. “Inside, it’s all black carbon—artfully crafted—accented with strips of mahogany veneer. No furniture, but you have the option of adding interior modules for cruising. And we shouldn’t overlook the carbon-fiber bidet in the owner’s head.”

Clearly, Nautor thinks the IMA has a good thing going, and it wants a bigger piece of it. Beyond rational class definitions, one very important thing is resonating, McIrvine says. The owners are driving.

“Our rule is critical, and we are strict about imposing it, with rest breaks allowed,” he says. “Generally, it takes a lifetime to amass the wealth to race a big boat. By the end of a day race, most owners are exhausted. Which is not to say that amateur drivers are on their own. An astonishing number of names you know show up to whisper, ‘A little higher, sir, a little lower.’ That keeps the standards high, and it’s a reminder that being a pro sailor is a dodgy profession. There are only 10 TP52s in the Med, for example, only nine SailGP teams in the world and five America’s Cup teams. However, we don’t restrict driving in the superyacht group at all.”

The other boat debuting at the Maxi Yacht Rolex Cup was FlyingNikka , which raised the concern of foiling monohulls threatening the order. “ Nikka showed that she can sail in the fleet safely, so at St. Tropez we put her in a class where her rating was absurd. The boat would do 35 knots in the right conditions, but they couldn’t keep her on foils going upwind. Tacks were agonizingly slow. What Roberto Lacorte is looking for is line honors in longer races.”

The venues where maxis can and now gather are also a draw. The Caribbean was the inevitable expansion opportunity beyond the Med, where it’s obvious that people like to go to St. Tropez, Capri, Sorrento, Giraglia and so on. Neither coast of the United States can accommodate such a fleet.

“Water depth is a huge challenge for race committees,” McIrvine says. “A lot of the Bay of Naples is 1,200 to 1,500 feet deep. Off St. Tropez it’s much, much deeper. We’re using MarkSetBot, which is promising. It’s not 100 percent reliable, but an upside beyond remote control is that you can’t wrap your keel around an anchor line because there is no anchor line [on a GPS‑directed robot mark].

“Our people are selective about where they choose to race. One owner told me it costs him $750,000 to take his boat, team and containers to Porto Cervo for five days. No one wants to spend that kind of money on a badly run regatta, so it’s a conservative bunch.

“The IMA has a small board of directors backed up by a dynamic, insightful team. IMA costs are supported by membership subscription except for Rolex, which has been fantastic. When I started with the IMA, the Rolex people told me, ‘We’ve been giving you money, but your people just put it in the bank.’ I said, ‘I’m sure I can fix that,’ and I have. There is a lot of travel now, a much more glam yearbook, a lot of publicity. About half the boats racing last year were flying the IMA flag.”

So, everything is coming up roses? “There are still supply-chain issues around securing building materials. Outside of maxi racing, the 30- to 40-foot range is falling off a cliff, except for shorthanded distance racing. Looking ahead, we still don’t know if we are in a recession or a hiccup, but in previous recessions, maxi racing has gone on, looking good for two or three years longer than you might expect. Then the boats stay on the dock.”

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

presidente maxi yacht

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.

presidente maxi yacht

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).

presidente maxi yacht

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.

presidente maxi yacht

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.

presidente maxi yacht

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.

presidente maxi yacht

“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.

presidente maxi yacht

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.

If using any of Russia Beyond's content, partly or in full, always provide an active hyperlink to the original material.

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presidente maxi yacht

YachtForums Administrator

One of the most famous Trumpy's... "El Presidente". ​ This historic yacht has been beautifully restored and spends summers in Chicago and winters in South Florida. Originally, El Presidente is a 96 foot, 1939 Mathis-Trumpy motor yacht. El Presidente, originally named Innisfail, was built for the J.M. Cudahy family of Lake Forest, Illinois for pleasure use on the east coast in 1939. During World War II, the vessel was pressed into service by the U.S. Navy. She was refit at the Naval shipyard in Philadelphia in May of 1942, and was commissioned as the YP-354. The ship was mounted with two 20mm cannons on her deck, and a depth charge rack was placed on her stern. El Presidente served as a coastal patrol boat for five years.

Attached Files:

El pres full bow.jpg.

Following decommissioning in 1947, El Presidente was refurbished and remained in government service via a lend-lease arrangement until 1965. During that time, the vessel was used by U.S. Presidents, foreign dignitaries and heads of state. Her guest list of U.S. Presidents includes Roosevelt, Truman, Eisenhower, Kennedy, Nixon, Ford, Reagan and Clinton. The current owner has painstakingly sought and acquired many of her original furnishings, including gifts by former French President Charles de Gaulle and by former Egyptian President Anwar Sadat. El Presidente has been frequented by countless celebrities and has been featured in several motion pictures. Forward Quarter...

El Pres Frwd.JPG

El Presidente underwent a major restoration in 1996. The complete structural, mechanical, electrical and cosmetic reconstruction succeeded in making her a state-of-the-art yacht while still retaining the grace and elegance of an era gone by. Aboard, guests enjoy original Art Deco-style furnishings, an elegantly appointed main salon trimmed in teak and mahogany, and a teak afterdeck. El Presidente is commercially documented and enjoys "new boat" status with the United States Coast Guard due to her extensive renovation. With the ambiance of the old and the amenities of the new, one of the world's most beautiful and historic cruising yachts is now a charter vessel. El Presidente - side pic

El Pres side.JPG

Way before her current refit...

El Pres Before.JPG

As she is seen today in her native waters off Chicago...

El Pres After.JPG

Cthulhu

Cthulhu New Member

New Life, Old Name El Presidente is now once again M/V INNISFAIL. In late 2007, the vessel was sold to a new owner. After delivering the boat to a yard in Beaufort, NC, extensive repair work on the boat deck and some re-fitting in the saloon, staterooms, wheelhouse and boat deck, she once again bares her original shape and original names, INNISFAIL . Her home port is Charleston, SC, and she is still available for private charters, not only in Charleston harbor but along the Low Country coast. Here she is with the owner aboard steaming along the Ashley River"

Innisfail under Ravenel bridge.jpg

SeaEric

SeaEric YF Historian

The refit is stunning. The removal of that horrible enclosure on the roof and the return of her traditional profile stack is wonderful. Great job!
Of course, the next step is to fit a new stem, one that does not have a clipper "beak" and has a convex shape like she had at launching. Considering that the stem and all the planks that are rabbetted into it are only eight years old, we most likely shan't be doing that any time soon. A captain of a Trumpy here in Charleston jokingly chided me for having Trumpy scrollwork. I don't have the heart to point this out to the owner. Thanks for the kind words. Eric, did you work on Trumpys yourself, or are you simply a fan?
Greetings, I am a yacht broker, a past commodore of The Classic Yacht Club of America, and a student of boats. I have owned a number of classic and wooden boats during my lifetime. As a yacht broker, I have a sub-specialty in classic and wood. I have listed and sold many Trumpys in my 20 year career, some of the boats several times. Its always a challenge in marketing a significant yacht, to ascertain that the new owner is prepared to properly maintain the boat going forward. I dislike placing a nice boat in the hands of someone who will let her "die". My most recent success story is the sale of "Claudette" an unmolested 1970 58' Trumpy cruiser. She has gone to a New York owner who has previously owned large wooden boats, and maintains them beautifully. She has a good home. I do my best to keep in touch with the Trumpy community, and always enjoy seeing a pampered yacht gliding past on the waterway.

Bamboo

Bamboo Senior Member

This news as a vessel nearly identical to this one has had several passes to Sailfish Marina in Palm Beach (shores) bearing the name "El Presidente" in the last few weeks. Of course I could be mistaken, but if this is not the same vessel I'd be very surprised.
Bamboo-- It is definitely not this boat. We have been in Charleston, SC since APR 2008. There is another Mathis that is very similar in looks to Innisfail. She was the first boat built for the original owner, now named Enticer. If you get a chance to post some pics, would love to see another classic yacht named "El Presidente."

dsharp

dsharp Senior Member

I believe this is a picture of her in the late 1950's or early 1960's. This boat was sold to Daytona Boat Works at about the same time.

img030-resized.jpg

william skip

william skip Guest

yacht shiawassee In the late fifties I crewed on a....could have been trumpy houseboat out of Star Island Miami Beach, Fl. for Calvin Bentley. She was a beautiful boat, we did all the varnish work ourselves..six coats. i think she was near 100ft. Her name was Shiawassee. Have never been able to find out what happened to her after the owner died. If anyone knows thanks. Hope she didn't get forgotten.

Capt J

Capt J Senior Member

Innisfail used to sit on the New River behind a house during the winters I believe. She is a beautiful boat and has beautiful lines.
william skip said: ↑ In the late fifties I crewed on a....could have been trumpy houseboat out of Star Island Miami Beach, Fl. for Calvin Bentley. She was a beautiful boat, we did all the varnish work ourselves..six coats. i think she was near 100ft. Her name was Shiawassee. Have never been able to find out what happened to her after the owner died. If anyone knows thanks. Hope she didn't get forgotten. Click to expand...

Capt Ralph

Capt Ralph Senior Member

I was on M/V INNISFAIL today in Jacksonville FL. What a beauty.

d romberger

d romberger New Member

YachtForums said: ↑ One of the most famous Trumpy's... "El Presidente". ​ This historic yacht has been beautifully restored and spends summers in Chicago and winters in South Florida. Originally, El Presidente is a 96 foot, 1939 Mathis-Trumpy motor yacht. El Presidente, originally named Innisfail, was built for the J.M. Cudahy family of Lake Forest, Illinois for pleasure use on the east coast in 1939. During World War II, the vessel was pressed into service by the U.S. Navy. She was refit at the Naval shipyard in Philadelphia in May of 1942, and was commissioned as the YP-354. The ship was mounted with two 20mm cannons on her deck, and a depth charge rack was placed on her stern. El Presidente served as a coastal patrol boat for five years. Click to expand...

Joe duke

Joe duke New Member

SeaEric said: ↑ The "Shiawassee V" was 92' built in 1925 for Thomas M. Howell. She was contract #175 originally named "Thalia". Her most recent documented name was "Private Dancer". Last I heard of her was in the mid 1990's. She was located in New York and was in very tough shape, having been kept afloat by a continuously running AC sump pump connected with an extension cord which eventually failed. I'm quite certain she does not survive. Click to expand...

WhiteStar

WhiteStar New Member

Joe duke said: ↑ Does anyone have any further info on private dancer . Last I saw her was in 1990, after doing a 300000 refit on her . What a crime if she is lost. She was a beauty. Click to expand...
I would love to have whatever pictures you have , most of mine were lost. I put two years , a ton of money and a lot of love into her, what a crime she is gone.
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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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View of the marina at dusk, with the superyacht in the water and buildings and cranes behind it.

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

Russia launched a missile strike  on the southern Ukrainian city of Odesa while President Volodymyr Zelensky of Ukraine and Prime Minister Kyriakos Mitsotakis of Greece were visiting. Neither leader was hurt.

More than two years into their wartime alliance, the bond between the United States and Ukraine is showing signs of wear and tear , giving way to mutual frustration and a feeling that the relationship might be stuck in a bit of a rut.

The capture of the eastern Ukrainian city of Avdiivka  was the Russians’ most significant gain in nine months . Among the reasons for their success were dwindling Ukrainian ammunition , declining Western aid and poor Ukrainian defenses .

Helping the War Effort: Since the early days of the war, thousands of Ukrainian volunteers have led crowdfunding efforts that have been crucial in supplying the military with equipment. But as the conflict drags on, it is becoming harder to raise money .

Holding a Sliver of Hope: A Russian mother knows her son, a conscript, died 14 months ago in a battle in eastern Ukraine. But she is still waiting for him.

A Long Fight: On the second anniversary  of Russia’s invasion, many weary but determined Ukrainians  are taking a longer view of the war , pinpointing the Maidan uprising of 2014 as the start of a 10-year conflict with their adversary.

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 .

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