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Isle of Man delists two Russian-linked super yachts

 

 

Sixteen jets and helicopters as well as two super yachts with Russian links have now been stripped of their Isle of Man-registered status.

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Enterprise Minister Alex Allinson the island was "going further than UK sanctions" by delisting any vessels implicated with the country.

Craft linked to or owned by those listed in EU and G7 sanctions were also being deregistered, he said.

The action is being taken in response to the Russian invasion of Ukraine.

Until now, the Manx government has automatically mirrored sanctions introduced by the UK in response to the war.


'Detective work'
Dr Allinson said including EU and G7 penalties as well was part of a deliberate policy to be "proactive", with the state-run registries in the process of reviewing databases to "make sure we know exactly who we are dealing with".

Limiting the activity of "high net wealth oligarchs" would put pressure by proxy on Russia, he added.

One airliner, eight business jets and seven helicopters have been removed from the Manx registry, which contains around 320 aircraft.

Sailing Yacht A, which visited the island last year, was one of the two large vessels delisted along with seven smaller yacht-servicing craft.

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