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| Lurssen | 156.00M | "DILBAR" ex. Project Omar | 2016 |

Discussion in 'Lurssen Yacht' started by German Yachting, Nov 12, 2015.

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  1. Yacht News

    Yacht News YF News Editor

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    A nice look at "Dilbar".

  2. bgp123

    bgp123 New Member

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    Now seized by the German government. Wonder which yacht is next.
  3. Gage Rowden

    Gage Rowden Active Member

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    I wonder if the owner will be able to get Dilbar back? Or do the Germans plan on keeping her and selling Dilbar?
  4. HTMO9

    HTMO9 Senior Member

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    To confiscate Dilbar and sell her is not so easy, as You might think. Dilbar is not confiscated, she is only banned on departure. Property within the FRG would be a different story. Non-movable property like houses need to be confiscated to get hold of.
    I am sure, if Mr. P ends this war ASAP, most Yachts will be released again, unless one of her owners has participated on war crimes.
    Scott W likes this.
  5. Scott W

    Scott W Senior Member

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    I also have to believe there is zero intent (as of now) to sell these yachts. First, how many people could afford the annual upkeep much less the capital outlay for Dilbar? Not many. And of those, how many want to buy the confiscated asset of a Russian oligarch tied closely to a war criminal? Even fewer (probably none). What we're seeing is just an exercise of power available to nation states that stops short of combat intervention against Putin and his allies....and I'm all for it.

    Having said that, things could change dramatically depending on how this catastrophe resolves itself. As the human tragedy worsens and potentially expands outside the borders of Ukraine there could be an increasing appetite to see these kinds of assets discharged in a more permanent way perhaps by being dismantled and sold for scrap or even scuttled.
  6. Riknpat

    Riknpat Senior Member

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    During WWII, in Canada at least, persons of Japanese and German origin were detained and had their assets seized in a rather wholesale fashion. This was understandable given the realities of the time; It was followed after the war by a rather elongated period of review which resulted in the return of most assets, apologies and compensations. Also correct. In the present day it is understandable that all wealthy Russians are thought to be Oligarchs', all Oligarchs are assumed to be friends of Putin and all friends of Putin are possibly complicit in the current outrage. It is therefore sensible to detain their assets and even in some cases themselves for a time while we sort this out. But they are probably not all criminals or culpable. If a hypothetical American leader is found guilty of terrible crimes not everyone who supported his campaign, supported some of his policies or got photographed with him is a criminal too. So some of the oligarchs will indeed lose their yachts and some will be tried in person or in absentia for crimes. Others may be penalized in some way but have most of their assets returned. Others will have all of their assets returned and possibly even receive some form of compensation or apology. It is too early to tell. So we don't know yet what will happen to all these yachts. It is certain though that the base of much Russian wealth will take a major short term hit and this will have immediate impact on the boat building industry.
    ApreMare and Reconjohnnie like this.
  7. HTMO9

    HTMO9 Senior Member

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    You would not want to buy Dilbar, if she ever gets confiscated and auctioned. The very close friend of Mr. P, Alischer Burchanowitsch Usmanow is one of the, let's say, not so nice O's from R. You would not like to have him as Your personal enemy and get in contact with his "field representatives". On the other hand, the interior of Dilbar really requires a special taste to come along with. As long as he somehow pays her bills, nobody will touch Dilbar.

    Yesterday, there were hundreds of protesters geathering in front of his several large and very expensive villas at the Tegernsee in Bavaria. The local people (and the local politicians) want him to leave the area for ever. These houses are the first property, which will be confiscated and auctioned in Germany, if the first bills remain unpaid and the government decides on further measures.

    There is a small town in southwest Germany at the foot of the Black Forest, called Baden-Baden with a more than a 230 year long history of close relation to Russia and the Russians. This relation started, when Princess Luise Maria Augusta von Baden married the later Tsar Alexander I of Russia in 1793.

    Ever since, this town is a famous tourist spot and wanted town for wealthy Russians. Baden Baden has more jewelry stores and expensive fashion stores than Monaco. This town will loose most of it's income, if the Russians (have to) stay away. The nearby airport Baden-Söllingen used to see a lot of Russian private jets. Now You can play Soccer on that runway.

    But as we say: "No mercy, "betting all money on one horse is stupid".
    Riknpat likes this.
  8. olderboater

    olderboater Senior Member

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    What I find even more insane is that there are many brokers already working the phones and trying to stir up buyers and get involved selling some of these yachts. I'm not even in FL at this time and have been contacted by 5 brokers as to my potential interest, which I quickly told them somewhat harshly, I had no interest.

    Here's just the gist of the emails.

    The Government is slowly going to begin to seize some megayachts
    owned by members of the Russian Oligarchy. A few of these owners
    are quite aware of that and are looking for a Quick Sale. So, at least in some cases, the owners have already put the boat up for sale, supposedly at discounts of $10 to $30 million. This would be a bigger nightmare of ownership than those who have bought boats used to run drugs or those who have bought boats used to smuggle people. Not only are the boats labeled in all systems and well known to all, then you toss in worrying about the previous owner or his crew or his friends. The brokers don't see the problem, but I would not buy any of these boats at any price.

    I also don't want to be the one about whom it could be said, " Got a great deal on a boat owned by a Russian Oligarch who suppled weapons used to kill many thousands of Ukrainians and guess this was a matter of getting one of the spoils of war. While people were dying, saved millions."

    How could you even get on the boat and not cringe in disgust?
    Dillon1018, wwch, d_meister and 3 others like this.
  9. Ken Bracewell

    Ken Bracewell Senior Member

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    I reached out to a good friend of mine, who is a broker for a major worldwide house, just after sanctions were announced. He told me that they are staying away from any of these yachts, and are actively fund raising for the support of refugees.
  10. MBevins

    MBevins Senior Member

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    The company that employs the crew on sanctioned Russian billionaire Alisher Usmanov’s superyacht Dilbar terminated its employees on the yacht on Monday due to U.S. and EU sanctions, according to an email sent to the crew that was obtained by Forbes.
  11. olderboater

    olderboater Senior Member

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    Those that have been sanctioned generally cannot be sold. Those marketed without sanctions or prior to sanctions can be in some cases. In general, the process of freezing assets is pretty quick and simple, but the process of determining what to do with them takes years.
  12. Maritna_ra

    Maritna_ra Active Member

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    Pinstripe likes this.
  13. ychtcptn

    ychtcptn Senior Member

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    I'm sure there are other unscrupulous buyers out there, mainly from the middle east, that would have no qualms snatching up some of these yachts. That's really the only market for these behemoths!
  14. Maritna_ra

    Maritna_ra Active Member

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  15. Yacht News

    Yacht News YF News Editor

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    Not sure, I do not think any of us has been able to see the interior of Dilbar, to my knowledge it has never been shown before. I was of the impression she had a sizable indoor pool, I didn't know it was 100-feet long though. If this is indeed onboard, that is eye-opening... who is leaking all these photos to this entity?
  16. Maritna_ra

    Maritna_ra Active Member

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    that's interesting...from the article:

    The source said: “Usmanov and Putin are very good friends. Once or twice a year Usmanov would go down to Sochi with all the crew on board.
    "It was always a very big deal and the crew would lock down on a deck. The phone signal was cut off, wi-fi was cut off.
    “There were people with guns outside and armed security on every exit. Putin would come on and they would go out to sea for an hour or two.”
  17. volfkan

    volfkan Active Member

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    It was written in many magazines that it had the longest swimming pool in the world. (25 meters) and before 2-3 interior photos share magazines.
  18. ELEMEENOOPEE

    ELEMEENOOPEE Senior Member

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    If you have a look at the Dilbar build video from Lürssen that came out at the time you can see the welded contours of the pool (if you pause at right second). That shape matches with the one on this picture
  19. Maritna_ra

    Maritna_ra Active Member

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    So, that's the pool.
    I would say...it's not my cup of tea
    Even the bedroom and the garish, flashy table area
    Sorry Usmy...but your taste is...a little kitsch. No offence. :)
    Last edited by a moderator: Mar 24, 2022
    Pinstripe likes this.
  20. Kevin

    Kevin YF Moderator

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    Fixed that for you.
    Maritna_ra likes this.