Seized art deco-styled superyacht to go on sale

While the US is reportedly spending millions holding seized Russian superyachts, the French are taking a different approach. The luxury superyacht Stefania is scheduled for auction on March 27 at the La Ciotat shipyards in Bouches-du-Rhône. The 41-meter Stefania was seized by French authorities in late 2023 during a money-laundering investigation involving its Belarusian owner. It was built in 2021 by Dynamiq. Notable for its Art Deco interior design, and with only 200 engine hours logged, the vessel is expected to start bidding at $10 million.

Read more here