A Russian businessman's $50 million yacht, Phi, was detained by the UK in London on Tuesday. Its captain called the detention "government overreach and nothing more than a publicity stunt." UK ...

It's been almost three years that the world cheered as local authorities decided on and then went on to enforce sanctions against Russian oligarchs, seizing luxury assets like expensive cars, ...

With an intriguing name, inspired by the famous Golden Ratio concept, and a head-turning appearance, Phi is one of the most challenging projects undertaken by the luxury Dutch shipyard Royal Huisman, ...

A superyacht owned by a Russian businessman has been detained in London as the UK government continues to impose sanctions due to the ongoing war in Ukraine. Transport Secretary Grant Shapps confirmed ...