Gibraltar seizes Russian's superyacht over German debt claim


(MENAFN) Gibraltar has impounded a Russian billionaire's superyacht - one of the world's biggest - because the German shipbuilder says he still owes 15.3m euros ("13.3m; $16.3m) in fees.

The claim has kept Andrey Melnichenko's Sailing Yacht A stuck in Gibraltar, a British territory, since Wednesday.

His spokesman voiced confidence that the order would be lifted soon.

The Bermuda-registered vessel, built by Nobiskrug, left the Kiel shipyard in northern Germany two weeks ago.

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