The Netherlands confiscate 14 yachts while Russia faces further sanctions over the brutal war in Ukraine

The Hague — The Dutch customs authorities have confiscated 14 yachts in shipyards, including 12 still under construction still growing western sanctions imposed Russia’s invasion of Ukraine, the government announced on Wednesday. European and US authorities have confiscated several yachts with ties to Russian tycoons under the unprecedented sanctions that followed the February 24 invasion.

“In view of the current measures, these ships cannot currently be delivered, transferred or exported,” Foreign Minister Wopke Hoekstra wrote in a letter to the Dutch parliament.

Spain yacht sanctions by US oligarch
Spanish Civil Guards stand next to the yacht ‘Tango’ as U.S. and Spanish federal agents search the ship, which belongs to a Russian oligarch, in Palma de Mallorca, Spain, April 4, 2022. It is one of many yachts seized by Western authorities due to sanctions against Russia over the war in Ukraine.

Francisco Ubilla/AP

The 12 yachts under construction, including luxury vessels measuring more than 38 meters in length, would be built in five different shipyards for “Russian beneficiaries”, the government said. The other two yachts are currently being serviced.

“These are not people who are on the European sanctions lists,” said the Dutch minister. However, the “ownership” of the yachts will be further investigated, including whether any of them are linked to anyone on the European sanctions list, Hoekstra said.

“The government attaches great importance to compliance with and implementation of sanctions,” he added.

The Netherlands has also frozen assets worth 516 million euros and transactions worth 155 million euros, the minister said.

The US was ready to announce a new package of sanctions against Russia on Wednesday in response to reported atrocities in the Ukrainian capital Kyiv, sources familiar with the forthcoming penalties confirmed to CBS News this week.

Local residents react to alleged massacre by Russian forces in Bucha


The additional sanctions were to be announced in coordination with the Group of Seven and the European Union and should impose “significant costs” on Russia for its brutalities in Ukraine, the sources said. The measures include a ban on all new investments in Russia, increased sanctions on financial institutions and state-owned companies, and sanctions on Russian government officials and their family members.

According to the sources, the measures are intended to “weaken key instruments of Russian state power” and quickly inflict economic damage on Russia.

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