NewsAnother Putin yacht detected in a NATO country

Another Putin yacht detected in a NATO country

"Victoria"
"Victoria"
Images source: © MarineTraffic

6:26 AM EST, November 21, 2023

An investigative service, Dossier Center, has identified another yacht, marking the ninth, allegedly belonging to Putin in Istanbul. Named "Victoria", the yacht is valued at around $50.1 million and has been at the local shipyard since late October.

The Dossier Center reports that the yacht's construction began in 2005 at Severodvinsk's Sewmash defense plants. The building process wasn't completed until 2019. Formally, the ownership of the yacht is registered under the billionaire, and a close associate of Putin, Gennady Timchenko.

The creation of "Victoria" faced significant delays, compelling Timchenko to initiate other plans to maintain the president's trust. A source from the Dossier Center disclosed that Timchenko ordered another yacht, a 459-foot "Scheherazade" for Putin during this period.

Repairing for Putin, building for a NATO member

Despite all odds, Sewmash eventually constructed two yachts for Putin - "Victoria" and "Graceful".

The "Victoria" is being serviced at the Tuzla shipyard in Istanbul. The shipyard doesn't only offer repair services for superyachts, but it also builds warships for Turkey, a NATO member country.

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