Russian Steel Billionaire’s Superyacht Impounded in Gibraltar

Dmitry Pumpyansky
Photographer: Andrey Rudakov/Bloomberg

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By THE PRESS ASSOCIATION (Neil Lancefield, PA Transport Correspondent)

March 22, 2022 at 12:04 PM UTC

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Transport Secretary Grant Shapps said he is doing "all I can to cripple Russia's aviation and shipping industries" after Gibraltar seized a superyacht owned by billionaire oligarch Dmitry Pumpyansky.

The 72-metre long vessel, Axioma, was impounded by authorities in the British overseas territory on Monday.