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$500M superyacht owned by Russia’s richest man passes through Strait of Hormuz
A superyacht owned by one of Vladimir Putin’s key allies passed through the Strait of Hormuz as the critical waterway remains effectively closed to commercial ships. “Nord,” a 465-foot multi-deck luxury vessel valued at more than $500 million linked to Russia’s richest man, Alexei Mordashov, was able to navigate the Strait after undergoing maintenance in Dubai, after neither Iran nor the US objected, a source close to the billionaire said Tuesday. Sailing under a Russian flag, the yacht left Dubai on Friday and passed through the Strait on Saturday, one of the few private vessels to successfully do so since ... (full story)
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