Sanctioned Russian Billionaire’s $500 Million Yacht Slips Through Hormuz Blockade
BeInCrypto
The superyacht Nord, linked to billionaire Alexey Mordashov, recently traversed the Strait of Hormuz despite a maritime blockade.Summary
The 142-meter superyacht Nord, associated with sanctioned Russian billionaire Alexey Mordashov, successfully navigated the Strait of Hormuz while other commercial traffic remained stalled. Despite Western sanctions targeting Mordashov due to his ties to Vladimir Putin, the vessel has avoided seizure through complex ownership structures linked to his wife, Marina Mordashova. The yacht utilized an Iranian-declared safe lane, highlighting how bilateral cooperation and layered legal buffers allow sanctioned assets to bypass enforcement efforts during regional blockades.
(Source：BeInCrypto)