Howe Robinson Partners’ auction of a seized Russian oligarch’s superyacht in Gibraltar has attracted 63 bids, the broker has confirmed.
The Maltese-flagged 1,620-gt motor yacht Axioma (built 2013) was put up for sale after JP Morgan Chase & Co called in a €20.5m ($20.4m) loan tied to the vessel.
It is reportedly the first superyacht to be publicly auctioned since Russia’s invasion of Ukraine pushed authorities to freeze luxury vessels in ports around the world.
