$45 Million Superyacht Phi Linked To Vitaly Vasilievich Kochetkov Detained by UK Government
The UK government detained Superyacht Phi, owned by Russian Oligarch and tycoon Vitaly Vasilievich Kochetkov in March 2022.
According to the documents filed with the court, Sergei Georgievich Naumenko, a Russian property developer, is the beneficial owner of the yacht. However, reports state that Vitaly Vasilievich Kochetkov, the founder of Motiv Telecom, is the ultimate owner of the vessel.
Superyacht Phi: Key Features
Superyacht Phi is a 192-foot yacht built by Royal Huisman in the Netherlands. Its estimated value is around $45 million, and its yearly maintenance and operation cost is roughly $5 million.
The yacht can accommodate up to 12 guests and has a crew space of 11. It is powered by two MTU engines, each with 1,432 horsepower.
Its exterior design was done by Cor D. Rover Design, while the interior was done by Lawson Robb.
Details of Detention
At first, the ownership details were kept confidential, but later, it was revealed to be owned by Russian billionaire Vitaly Vasilievich Kochetkov, a telecom tycoon.
After the Russo-Ukrainian War began in March 2022, the UK government detained the Superyacht Phi. It should be noted that the United Kingdom banned all Russian-owned or controlled ships from its ports.
The yacht is currently moored in Canary Wharf, east London.
Who is Vitaly Vasilievich Kochetkov?
Vitaly Vasilievich Kochetkov is a millionaire from Russia and the owner of the yacht ‘Phi’. He started Motiv Telecom and is now one of the most successful businesspeople in the area’s telecommunications industry.
Even though the yacht was detained, its owner Kochetkov, was not on any sanctions lists at the time of the detention.
According to reports, Russian property developer Sergei Georgievich Naumenko is the beneficial owner of the yacht. However, earlier reports stated that Vitaly Vasilievich Kochetkov, the founder of Motiv Telecom, was the ultimate owner of the vessel.
FAQ – Superyacht Phi
Q.1 What is Superyacht Phi?
Superyacht Phi is a 58-meter motor yacht built by Royal Huisman from the Netherlands. It features exterior design by Cor D. Rover Design and interior design by Lawson Robb. It has an aluminium hull and superstructure and can accommodate up to 12 guests and 11 crew members.
Q.2 What are the key features of the Superyacht Phi?
Superyacht Phi is a 192-foot yacht built by Royal Huisman in the Netherlands. Its estimated value is around $45 million, and its yearly maintenance and operation cost is roughly $5 million. It can accommodate up to 12 guests and has a crew space of 11. It is powered by two MTU engines, each with 1,432 horsepower. Its exterior design was done by Cor D. Rover Design, while the interior was done by Lawson Robb.
Q.3 Why was Superyacht Phi detained in the UK?
Superyacht Phi was detained in the UK in March 2022 in relation to Russian sanctions. It is the first detention of a superyacht in UK waters tied to the sanctions against Russian individuals and companies.
Q.4 Who is the owner of Superyacht Phi?
According to the documents filed with the court, Sergei Georgievich Naumenko, a Russian property developer, is the beneficial owner of the yacht. However, earlier reports stated that Vitaly Vasilievich Kochetkov, the founder of Motiv Telecom, was the ultimate owner of the vessel.
