Abandoned Russian Yacht to Be Auctioned After Sanction Delisting

The US Treasury removed an abandoned $120 million Russian superyacht from its sanctions list, clearing the way for the vessel to be auctioned to the highest bidder.

The 267-foot Alfa Nero, replete with a baby grand piano and Miro painting, was ditched in Antigua’s Falmouth Harbor in March 2022 after Russian troops invaded Ukraine. Last year, the US Treasury imposed sanctions on Russian fertilizer billionaire Andrey Guryev, naming him as the owner of Alfa Nero, an allegation the magnate denies.

Facing a mountain of unpaid bills, the government of Antigua formally seized the superyacht in April and asked ...