Ever wondered what the inside of a Russian oligarch’s superyacht looks like?
Well, courtesy of the Gibraltar office of Howe Robinson Partners, TradeWinds can show you.
The 1,620-gt motor yacht Axioma (built 2013) is due to be sold at auction in Gibraltar on Tuesday after its billionaire owner failed to repay a loan from JPMorgan Chase & Co.
Pyrene Investments, a British Virgin Islands-registered company, defaulted on the covenants of a €20.5m ($20.5m) loan arranged with JP Morgan last 2021.
TradeWinds has previously reported that ownership of the yacht, which was built at Turkey’s Ursa Dunya, is linked to Russian billionaire businessman Dmitry Pumpyansky.
The Axioma was arrested upon arrival in Gibraltar in March after Pumpyansky, who guaranteed the loan, was added to the UK sanctions list because of his close connections to Russian President Vladimir Putin.
The Malta-flag ship, which boasts an infinity swimming pool plus a 3D cinema, has drawn a “staggering amount of interest”, Howe Robinson broker Nigel Hollyer told Bloomberg.
He has received about 115 inquiries and 28 inspections by potential buyers or their survey teams to date.
It will be the first superyacht to be publicly auctioned since Russia’s invasion of Ukraine pushed authorities to freeze luxury vessels in ports around the world.
VesselsValue put a $75m price tag on the Axioma at the time of its arrest.
The vessel, which has a range of 5,000 nautical miles (9,260 km), can accommodate 12 guests in six cabins.
“The motor yacht Axioma is a beautifully designed and stylishly appointed 72-metre vessel boasting luxurious furnishings and well laid out decks,” Howe Robinson says in the sales patter.
“There is something here for everyone from the most sophisticated and discerning to those just wishing to relax and get away from it all. Axioma has it all.”
