Owners Archives - Megayacht News https://megayachtnews.com/category/people/owners/ the trusted source for megayacht and superyacht information Sun, 30 Jul 2023 23:08:21 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.1 https://megayachtnews.com/wp-content/uploads/2021/09/cropped-favicon-black-32x32.png Owners Archives - Megayacht News https://megayachtnews.com/category/people/owners/ 32 32 $117,000 Fine Levied in Nakoa Yacht Grounding https://megayachtnews.com/2023/07/117000-fine-levied-in-nakoa-yacht-grounding/ https://megayachtnews.com/2023/07/117000-fine-levied-in-nakoa-yacht-grounding/#respond Mon, 31 Jul 2023 04:00:00 +0000 https://megayachtnews.com/?p=70843 Hawaiian officials and the investors behind a yacht that damaged coral and rock on Maui have reached a tentative settlement. The investors will pay $117,472 to cover the natural resources damage and government administrative costs from the Nakoa yacht grounding. The owner of the yacht, however, potentially still faces hefty fines. Hawaii’s Board of Land […]

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]]> https://megayachtnews.com/2023/07/117000-fine-levied-in-nakoa-yacht-grounding/feed/ 0 Owner of Yacht Phi Loses Lawsuit Against UK Government https://megayachtnews.com/2023/07/owner-of-yacht-phi-loses-lawsuit-against-uk-government/ https://megayachtnews.com/2023/07/owner-of-yacht-phi-loses-lawsuit-against-uk-government/#comments Mon, 24 Jul 2023 04:00:00 +0000 https://megayachtnews.com/?p=70743 Supporting the British government’s “broad margin of discretion” in exercising detainment, a London court handed a defeat to the owner of the yacht Phi. The superyacht therefore remains held, without permission to depart the city, despite the owner remaining unsanctioned. In March, the owner sued the UK government for unlawful detainment. He sought a decision […]

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]]> https://megayachtnews.com/2023/07/owner-of-yacht-phi-loses-lawsuit-against-uk-government/feed/ 1 Alexander Dreyfoos, SWATH Superyacht Owner & Ocean Conservationist, Dies https://megayachtnews.com/2023/05/alexander-dreyfoos-swath-superyacht-owner-ardent-ocean-conservationist-dies/ https://megayachtnews.com/2023/05/alexander-dreyfoos-swath-superyacht-owner-ardent-ocean-conservationist-dies/#respond Tue, 30 May 2023 15:44:36 +0000 https://megayachtnews.com/?p=69796 Alexander Dreyfoos, whose passion for yachting was matched by his love of photography, died in West Palm Beach on May 28. He was 91 years old. Dreyfoos earned renown for commissioning the first SWATH vessel as a superyacht. Additionally, he made generous philanthropic donations to the arts, sciences, and ocean conservation. Born in New York […]

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]]> https://megayachtnews.com/2023/05/alexander-dreyfoos-swath-superyacht-owner-ardent-ocean-conservationist-dies/feed/ 0 Superyacht Phi Owner Suing UK Government for Unlawful Detainment https://megayachtnews.com/2023/05/superyacht-phi-owner-suing-uk-government-for-unlawful-detainment/ https://megayachtnews.com/2023/05/superyacht-phi-owner-suing-uk-government-for-unlawful-detainment/#respond Fri, 12 May 2023 04:00:00 +0000 https://megayachtnews.com/?p=69537 Come July, a British judge will decide whether the government acted properly in holding the superyacht Phi for more than a year. The hearing follows a lawsuit from the owner of Phi seeking a ruling to set aside the decision to detain her, plus damages. In March 2022, the UK government detained the yacht in […]

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]]> https://megayachtnews.com/2023/05/superyacht-phi-owner-suing-uk-government-for-unlawful-detainment/feed/ 0 Owner of Lady May Arrested for Fraud & Money Laundering https://megayachtnews.com/2023/03/owner-of-lady-may-arrested-for-fraud-money-laundering/ https://megayachtnews.com/2023/03/owner-of-lady-may-arrested-for-fraud-money-laundering/#respond Mon, 20 Mar 2023 04:00:00 +0000 https://megayachtnews.com/?p=68856 UPDATE, APRIL 13, 2023: The owner of Lady May may lose the yacht to the U.S. government. Court filings from April 7 declare her, along with cars, land, and millions in bank accounts, subject to forfeiture. If the court rules in the government’s favor, the Attorney General or a designee can seize the yacht and […]

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