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Superyacht seized by U.S. from Russian billionaire arrives in San Diego Bay

June 27, 2022 / 3:40 PM EDT / CBS/AP

A $325 million superyacht seized by the United States from a sanctioned Russian oligarch arrived in San Diego Bay on Monday.

The 348-foot-long (106-meter-long) Amadea flew an American flag as it sailed past the retired aircraft carrier USS Midway and under the Coronado Bridge.

"After a transpacific journey of over 5,000 miles (8,047 kilometers), the Amadea has safely docked in a port within the United States, and will remain in the custody of the U.S. government, pending its anticipated forfeiture and sale," the Department of Justice said in a statement.

The FBI linked the Amadea to the Russian oligarch Suleiman Kerimov, and the vessel became a target of Task Force KleptoCapture, launched in March to seize the assets of Russian oligarchs to put pressure on Russia to end the war in Ukraine. The U.S. said Kerimov secretly bought the vessel last year through various shell companies.

But Justice Department  officials had been stymied  by a legal effort to contest the American seizure warrant and by a yacht crew that refused to sail for the U.S. American officials won a legal battle in Fiji to take the Cayman Islands-flagged superyacht earlier this month. 

The Amadea made a stop in Honolulu Harbor en route to the U.S. mainland. The Amadea boasts  luxury features  such as a helipad, mosaic-tiled pool, lobster tank and a pizza oven, nestled in a décor of "delicate marble and stones" and "precious woods and delicate silk fabrics," according to court documents.

"The successful seizure and transport of Amadea would not have been possible without extraordinary cooperation from our foreign partners in the global effort to enforce U.S. sanctions imposed in response to Russia's unprovoked and unjustified war in Ukraine," the Justice Department said.

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Who's Paying for Russian Oligarch's Seized Yacht in San Diego Bay?

The amadea, which superyachttimes.com called the 63rd largest yacht in the world, tied up monday at naval base san diego, in national city, by eric s. page and mari payton • published june 28, 2022 • updated on june 28, 2022 at 2:11 pm.

Many San Diegans who saw the news about the Amadea — the $325 million seized Russian oligarch's yacht that docked in San Diego on Monday — may be wondering: Who's paying for that?

Imagine how much the fuel costs to sail it more than 5,000 miles from Fiji, where it was seized earlier this month, to San Diego? A local marine fuel dock quoted the following prices, if you're wondering: $7.40 for gas, $7.35 for diesel. According to SuperYachtTimes.com, the Amadea has a 392,000-liter fuel tank. That works out to about 103,555 gallons, so it could cost $766,307 or so just to fill up.

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And then there are maintence costs on a 350-foot long yacht, which, you can be sure, are extensive and necessary — in fact, not undertaking such efforts can cause the vessel's value to decline if it deteriotes due to neglect.

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The Amadea carries a full complement of 36 crew, including the captain, according to SuperYachtTimes, but it won't need nearly that many once she tied up at Naval Base San Diego in National City. Nevertheless, someone will be monitoring the yacht and conducting the maintenance.

According to the U.S. Department of Justice, the yacht was bought with what it calls "dirty money," and, as such, some may be relieved to hear, will be sold to the highest bidder. Presumably, the associated post-seizure costs accrued after its seizure will be coming off the top of the sale price. Until then, the Amadea, which SuperYachtTimes called the 63rd larges yacht in the world, will resume in the custody of the U.S.

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Officials with the DOJ said the Amadea, which was seized in connection to the department's KleptoCapture campaign undertaken in the wake of the invasion of Ukraine by Russia, was owned by Suleiman Kerimov a Russian billionaire.

After the yacht arrived in San Diego, John Kirby, a former federal prosecutor, told NBC 7 that he thinks the U.S. government hopes moves like the Amadea's seizure are efforts to apply pressure to Russian president Vladimir Putin.

Earlier this month, Deputy U.S. Attorney General Lisa O. Monaco said, regarding the Amadea, “The department had its eyes on every yacht purchased with dirty money. This yacht seizure should tell every corrupt Russian oligarch that they cannot hide — not even in the remotest part of the world. We will use every means of enforcing the sanctions imposed in response to Russia’s unprovoked and unjustified war in Ukraine.”

The court ruling represented a significant victory for the U.S. as it encounters obstacles in its attempts to seize the assets of Russian oligarchs around the world. While those efforts are welcomed by many who oppose the war in Ukraine, some actions have tested the limits of American jurisdiction abroad.

The United States wasted no time in taking command of the after a Fiji court ruled in its favor and sailed the ship away from the South Pacific nation just hours after the ruling.

"If you could say or somehow prove that this boat … that the oligarch had the money for this boat because he bribed Vladimir Putin, that is public corruption," Kirby said. "It’s a crime even when it takes place outside the United States. The United States can still act upon it."

According the website, the Amadea is not currently for sale, but that may soon change. Until then, you can "shop" for other eye-popping, wallet-busting boats here .

The Associated Press contributed to this report — Ed.

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Federal government moves to confiscate mega yacht seized from alleged Russian oligarch

NATIONAL CITY, Calif. (KGTV) — After letting a mega yacht seized from an alleged Russian oligarch sit in San Diego bay for nearly 18 months, the federal government is now beginning the process of trying to officially confiscate it.

The Amadea was seized in Fiji and arrived in San Diego in June of 2022. According to court documents obtained by ABC 10News, federal prosecutors allege that the yacht is owned by Suleiman Kerimov, a Russian billionaire who was sanctioned following Russia's invasion of Ukraine.

Kerimov had the ship custom-built at a reported cost of $300 million dollars. It's considered one of the most lavish mega yachts in the world. "Even in our jaded industry, the yacht behind me is a superstar," said yacht expert Todd Roberts, President of Marine Group Boat Works, a ship yard in Chula Vista that works on mega yachts, though not contracted to work on the Amadea.

While the government may hope to win the case to confiscate the yacht and sell it, that may be a tricky proposition. “Nobody really wants international law to be designed in a way where countries can just sort of seize other country’s assets and actually confiscate them," explained University of San Diego law professor Craig Barkacs.

He says it is not legally clear that the United States has the right to confiscate the ship, even after seizing it. There are a number of United States and international laws that could be at play. He points out that the seizure of the ship for violating sanctions is more of a political decision than a legal one.

Even the ownership of Amadea by Kerimov is being challenged, with a counter lawsuit filed on behalf of another man who claims to be owner of the yacht. Barkacs says the court battle could last a long time. “The answer to your question is, I don’t want to sound too cynical here, but 'in perpetuity' comes to mind.”

Meanwhile, the government is stuck with the ship. Roberts says it must be maintained because letting it rot would lead to leaks and environmental damage to the bay. He estimates the cost of paying for fuel to power the generators, plus maintenance, and the salaries of the 20-30 person crew living full-time on the yacht to be between $4-6 million annually.

If it wins in court, the government could sell Amadea to recoup its money. But for now, it will remain parked in its spot next to Pepper Park.

“If the boat’s going to sit anywhere, it’s great that it’s here in San Diego," Roberts said.

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Superyacht feds say was seized from Russian oligarch sails into San Diego

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A $300-million superyacht the U.S. seized from an alleged Russian oligarch in Fiji last month sailed into San Diego Bay on Monday morning.

Known as the Amadea, it is 348 feet long and features a helipad and swimming pool. The Department of Justice says it was owned by Suleiman Kerimov, a gold investor Forbes says is worth $14.5 billion .

It’s not clear how long the seized boat will stay in San Diego. Justice officials said the plan is to eventually sell it off.

“The successful seizure and transport of Amadea would not have been possible without extraordinary cooperation from our foreign partners in the global effort to enforce U.S. sanctions imposed in response to Russia’s unprovoked and unjustified war in Ukraine,” the Department of Justice said in a statement Monday.

The U.S. sanctioned Kerimov, who was accused of money laundering related to the purchase of French villas, in 2018. The European Union sanctioned him in March 2022, the Associated Press reported.

That same month, the Department of Justice created Task Force KleptoCapture to enforce the sanctions the U.S. and its foreign allies imposed after Russia invaded Ukraine.

Two months later, on May 5, the Department of Justice announced it had seized the Amadea in Fiji. “Today’s action should make clear that there is no hiding place for the assets of individuals who violate U.S. law,” Atty. Gen. Merrick Garland said that day.

After winning a court battle in Fiji — there was a dispute over the yacht’s actual owner — the U.S. sailed the ship from the South Pacific island on June 7 .

The superyacht stopped in Hawaii last week before heading into San Diego, sailing under the San Diego-Coronado Bridge on its way to its berth Monday.

The Associated Press contributed to this report.

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Teri Figueroa covers courts, crime and breaking news for The San Diego Union-Tribune. A native Californian, she joined the North County Times in 2002, and the U-T in 2012. Figueroa reported on the 2003 and 2007 wildfires, and covered the criminal cases against Richard Tuite and John Gardner III, as well as war crimes cases. A San Diego State University graduate, Figueroa has won multiple journalism awards for her work.

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Port of San Diego Welcomes Megayachts to Embarcadero

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Knight & Carver is pleased to announce that the Port of San Diego has officially launched its Megayacht Mooring facility along San Diego’s bayfront Embarcadero. Up to eight spaces are now available for megayachts sized 100 ft and longer, up to 400 ft.

The location includes more than 200,000 square feet of water between the Grape Street piers and the San Diego Maritime Museum, just north of the B Street Pier.

Using a system of docking popular in Mediterranean megayacht facilities, the large, luxurious vessels will be able to berth in a parallel formation alongside each other — the traditional European manner favored by large yachts in such glamorous yachting ports as Monte Carlo, Monaco and Antibes, France.

The Port’s board of commissioners granted a two-year lease to San Diego Mooring Company to manage the facility.

“We whole-heartedly welcome this official sanction by the Port of San Diego of our successful efforts to attract large privately-owned yachts to San Diego,” said Sam Brown, president/CEO of Knight & Carver. “We congratulate the Port for taking this significant step forward for the city and our marine industry.”

The designated site is located along San Diego’s Harbor Drive, the scenic boulevard that runs along the bayfront. It is within easy walking distance of the city’s downtown business district as well as upscale  restaurants and hotels. In addition to San Diego’s year-round mild climate and the relative calm waters of San Diego Bay, another advantage of the site is its close proximity to Lindbergh Field, the city’s international airport, located less than a mile away.

For more information on rates and availability, contact Terry Ruppert, Knight & Carver’s Business Development Director, at (619) 336-4141, ext. 102 or via email: [email protected]

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Port successfully woos superyachts, megayachts to San Diego waters

SAN DIEGO —San Diego made a push in 2007 and 2008 to remind those navigating the Pacific Ocean in large recreational vessels Los Angeles is not the only destination in Southern California for superyacht and megayacht owners to dock for a few days while traveling to Alaska or Mexico.

The campaign for multimillion-dollar yachts to moor in San Diego Bay started to materialize when port officials launched a trial program in 2008. Megayachts would be allowed to moor along San Diego’s embarcadero with the promise of a myriad of services for 100- and 200-foot vessels visiting the harbor. Services included concierge and boat maintenance.

Fast forward to 2015 and superyachts and megayachts appear to have a steady presence in the harbor, with a few docking at Fifth Avenue Landing in downtown and San Diego Mooring Co. offering docking opportunities for 100- to 300-foot yachts. The port’s campaign appears to be yielding positive results, according to a boatyard representative and yacht broker.

Ambitious Beginnings

San Diego Superyacht Association (SDSA), a collective of business executives, marinas, and superyacht brokers, builders and designers, was launched in 2006. Members included representatives from Driscoll Boat Works, Fraser Yachts, Kona Kai Marina, Marine Group Boat Works and Shelter Island Marina.

“The group’s mission is to promote San Diego as a world-class superyacht destination and provide a conduit to marine services and suppliers,” port staff stated about SDSA.

SDSA’s mission appeared to materialize in 2007 as the Port of San Diego campaigning for superyachts and megayachts to visit the harbor began.

The Port of San Diego’s Board of Port Commissioners granted San Diego Mooring Co. a two-year lease to manage megayacht moorings the following year.

Princess Mariana was the first megayacht to dock in San Diego Bay; the six-deck, 225-foot yacht docked Mediterranean-style at the embarcadero in August 2008.

After the economic downturn an assemblyman from Carlsbad introduced legislation to make it easier for large recreational vessels to visit California’s ports. Gov. Jerry Brown signed the bill into law in 2012, making it easier for superyacht and megayacht owners planning to visit San Diego (among other ports) to submit an oil spill prevention and pollution plan to the state.

“Yes, we do have areas for megayachts. We had a couple of megayachts dock in secure port areas because their owners requested privacy and security,” said Marguerite Elicone, marketing and public relations representative with the Port of San Diego. “We had Luna , owned by Roman Abramovich, here for several months in 2013.”

Just Passing Through Fraser Yachts’ Neal Esterly said the port’s efforts to market San Diego as a destination for superyachts and megayachts is yielding results, particularly for vessels passing through the region while en route to Alaska or Mexico.

“There is no noticeable growth of superyachts based in San Diego, but … there is an increase [in large yachts passing through]. It’s growing bigger,” Esterly said.

He added San Diego is attractive to superyacht and megayacht owners for several reasons. The city, for example, features an accessible international airport and yards such as Marine Group Boat Works in Chula Vista capable of servicing large projects. Having the Navy and hi-tech companies in town means the right technology is available for most work.

“Boats like coming to this environment,” said Esterly, adding the weather in San Diego is more cooperative than harbors in Florida. “San Diego is ideal as a transition for going to Alaska or Mexico. It’s well situated.”

Available dockage at reasonable rates and cooperative government agencies are among the reasons San Diego’s position as a destination for large yachts passing through the area has met with positive traction, Esterly said.

“It’s a team effort between private industry and the government to keep boats coming. Captains have a good feeling about San Diego right now,” Esterly said. “Word is out there the port can handle this. Word would go around the world quickly if San Diego is a hassle.”

Marine Group Boat Works’ spokesperson Leah Yam echoed similar sentiments, saying San Diego Bay is large enough to handle superyachts and megayachts.

“San Diego is one of the largest port cities on the West Coast and acts as a perfect destination for leisure, rest and resources for superyachts,” Yam said. “It’s also arguable that many of the reasons that draw yacht owners to San Diego stems from the number of facilities equipped to handle them including Marine Group Boat Works, a shipyard with two locations that can haul vessels up to 220 feet and dock up to 350 feet for repairs, and Fifth Avenue Landing, a marina located in downtown that docks up to 350 feet.”

Superyacht vs. Megayacht vs. Gigayacht

Yam said the distinction between superyacht and megayacht is evolving. The type of vessel qualifying as a “superyacht” has grown since the turn of the century, while “megayacht” was not widely used until recently, Yam explained.

“If you were to ask me 15 years ago, I would’ve defined a superyacht as being about 85 feet or greater and there was no such thing as a megayacht.  Now I’d categorize a superyacht as being about 100 feet or greater and a megayacht would be 200 feet or more.  The terms are still evolving,” Yam said.

The term “gigayacht” could be the next term commonly bantered about from the large vessel lexicon, according to staff at Warsash Superyacht Academy (a division of Southampton Solent University in the United Kingdom). Gigayacht could apply to vessels larger than 100 meters (about 328 feet).

Increased Presence and Economic Impact

Marine Group Boat Works serviced more than 60 vessels measuring larger than 100 feet in 2015, according to Yam.

“Between our two shipyards, just this year alone, we serviced [more than] 60 superyachts over 100 feet. That’s almost double than what we saw in 2013 during America’s Cup, which brought record number of yachts to the West Coast,” Yam said. “The megayachts are also booking at Fifth Ave Landing … especially during major conventions such as Comic Con.”

Visiting San Diego, be it during major events or while en route to points due south, north or east, each large yacht coming into the bay impacts the local economy, according to Esterly and Yam.

“These boats are a floating economic stimulus,” Esterly said.

A 200-foot yacht typically employs a crew of 10 or more people, according to Warsash Superyacht Academy staff. Food supplies for the crew during multi-day navigations are usually bought during stopovers in San Diego. Captain and crew would rent hotel space or housing if the superyacht or megayacht is being serviced.

Yam said superyacht and megayacht owners support employees at boatyards and bring revenue to fueling stations, restaurants, retail and local housing.

One superyacht, for example, could spend tens of thousands of dollars on one trip to Costco, stocking up on provisions for everyone aboard a long voyage south or west. Yam cited an example of one captain renting out two homes in coastal San Diego for his crew. Each home was rented out at $15,000 per month for three months, she said, infusing nearly $100,000 into the San Diego economy.

There are no recent economic impact reports to validate how much money is put into the San Diego economy courtesy of visiting superyachts and megayachts. A 2007 Marine Group Boat Works press release citing industry estimates stated for every $1 spent on repairing or maintaining a superyacht meant $7 was invested locally on entertainment, hotel rooms, restaurants and shopping.

“With such large vessels, whose value ranges from $10 million to $100 million and higher it is commonplace that at least 10 percent of the vessel’s market value is required to keep it operating each year. Expenses go for such essentials as captain and crew, provisions and fuel,” port staff stated. “For repairs it’s not uncommon for such yachts to spend several million dollars on refits – the industry term for complete refurbishing of the vessel – along with engine re-powers, hull and topside paintwork and general maintenance.”

Superyachts and megayachts also bring an aesthetic value to the local landscape, according to Yam. She said superyachts and megayachts are well-received by San Diego’s recreational boaters.

“In speaking for them, I think boat owners become boat owners because they’re fascinated by the aesthetics, mechanics and performance of the actual boat. For them to see so many different custom designed and engineered vessels is exciting to them,” Yam said. “I think it also helps to legitimize the services we perform. If we’re capable of repairing and maintaining vessels of that size and magnitude, especially if the work is logistically impossible and yet we’re still able to accomplish it, then we can find the solution to their needs as well.”

A few superyachts and megayachts are regularly spotted at Fifth Avenue Landing in the downtown area, which advertises itself as a “12-slip boutique San Diego superyacht marina”  capable of serving 300-foot vessels.

San Diego Mooring Co. and GB Capital Holdings LLC currently advertise the city’s waterfront as an ideal destination for yachts between 100 and 400 feet in length. Berthing rates start at $75 per day ($2,250 per month) for a 100-foot superyacht to $225 per day ($6,750 per month) for 300-foot megayachts. The mooring company charges $150 per hour for loading and unloading of equipment and provisions.

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San Diego July 4th Weekend | Pier Pressure® Mega Yacht Party

Celebrate july 4th aboard the $10m inspiration hornblower - the biggest independence day sunday yacht party in san diego: 5 djs • 2 areas of music • 1 amazing cruise.

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Join us for the ultimate party on the water! This isn't like any other cruise or event. Hornblower and San Diego Nightlife's mission is to make sure our Pier Pressure Yacht Party is the perfect one for you and your friends.

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So don’t be shy to have the time of your life on San Diego's #1-Rated Yacht Party for Memorial Day Weekend. If you have any questions, or need assistance, call: 619-330-9430.

CURRENT SCHEDULE

• Check-in: 3:30pm
• VIP Boarding: 4:00pm
• GA Boarding: 4:15pm
• Gate Closes at: 4:55PM Sharp - DO NOT BE LATE - No refunds.
• Cruise Time: 5:00pm – 8:00pm to Sunset
• Inspiration Yacht | 1800 N Harbor Dr - Grape Street Pier | 21+

PRICE INCREASE WARNING

This party sells out every year; so Act Now and Buy Tickets to Save! Prices may increase based on supply and demand.

SOME INFO TO KNOW

Age Requirement: Must be 21+ to participate.

All sales are final. No refunds or exchanges. Prices are subject to change while supplies last. There is NO OPEN Bar.

Find Your Tickets: When you order tickets on Eventbrite, an account is created using the email address you enter during checkout. To access your tickets, log in to the Eventbrite app or website using the email on your order. Then, go to Tickets . Find all you need to know available HERE ONLINE .

Please Note: Your name does not need to be on all the tickets, just the name of the purchaser should be present with matching ID and credit card.

Boarding Location: The Inspiration Yacht in San Diego departs from Grape Street Pier (Pier 1, Hornblower Landing) at 1800 North Harbor Drive, San Diego, CA 92101: Download Directions || Google Map || Google 360 Street View .

Do Not Miss the Boat: Gates close at 4:55pm. Cruise leaves sharply at 5PM. There are absolutely NO REFUNDS or exchanges. We reserved a spot for you on our cruise.

Parking: Arrive early – parking lot available by Broadway & Harbor and Ash & Harbor. Walking distance from many hotels: Wyndham, Grand Hyatt, Marriott Marquis, Days Inn and more. Click To View Parking Options .

Dress Code: Smart Casual Summer Pool Party Style attire. Board Shorts and Bikinis Strongly encouraged. No Sports Jerseys. Hats OK. Click To View Current Weather .

Bag Requirements: Large purses or backpacks / camel packs will not be allowed onboard.

Party Responsibly: Please DO NOT Drink & Drive. Opt for Ride Share Apps (Lyft or Uber), a taxi service or designated driver.

Contact Us: If you have any questions, email: [email protected]. Let's have fun & party responsibly. Don't forget to thank the event staff as you exit!

MORE THINGS TO DO FOR JULY 4TH WEEKEND

Lining up plans to celebrate 4th of July with a BANG? Get your attire on point and head out to some of the biggest Independence Day Weekend special events for a day or night full of fun in the city you're living or traveling to. Learn more .

ADDITIONAL INFORMATION

No alcohol, open containers or outside food is permitted. No illegal drugs or controlled substances, including prescription drugs and marijuana, will be tolerated. Using marijuana on the water is illegal; regardless of medical condition(s). The use and or possession of illegal drugs or controlled substances is absolutely prohibited by the US Coast Guard.

Hornblower holds a zero tolerance policy related to illegal substances aboard all vessels and anyone who is caught participating or processing any such items will not be allowed to board and substances will be confiscated.

If you're thought to be under the influence of, or caught participating in, illegal substances on board, you will be quarantined until the boat can safely return to dock and the cruise will be subject to end for all guests immediately upon doing so (no refunds will be issued under any circumstances). Thank you in advance for your cooperation.

Let’s have fun and party safe!

PURCHASE POLICY

NO REFUNDS OR EXCHANGES. ALL SALES FINAL: There are NO REFUNDS, NO CANCELLATIONS, no credits, no exchanges, and no transfers after the order has been made.

Credit Card & ID:

You must present the original credit card used to purchase the ticket and a valid Government Issued Photo Identification (along with your e-tickets that have been emailed to you via Eventbrite when your order was placed): the name on both the credit card and ID match the name on your purchased tickets, in order to gain entry to the event. If the name on the Credit Card and/or ID does not match the tickets, or if you do not have both the credit card used to make the purchase and government issued identification, you will be denied entry to event without a refund.

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No credit or refund will be issued as a result of the ticket purchaser or any person in the party contracting COVID-19 or a variant alike. By purchasing tickets to a VIP Nightlife Event, you understand and agree that tickets are non-refundable and you are assuming the risk that you may not be able to use tickets purchased if you contract COVID-19 or variants alike. You further agree that you will not attend any VIP Nightlife event if you currently have symptoms of COVID-19, have been exposed to COVID-19 prior to attending and/or have tested positive for COVID-19 and have not completed the CDC recommended quarantine period.

If you encounter a problem at the event, you must file a complaint with Promoter within 5 calendar days following the date of the event; failure to contact Promoter within the 5-day period will be a complete waiver of your right to request compensation whether monetary or otherwise. If you need customer support, Promoter’s email is [email protected].

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By placing an order, you are confirming that you received this policy and are agreeing to abide by the clauses within. This Purchase Policy is a binding contract between you and event Promoter.

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By purchasing a ticket, package or reservation you're entitled to entry to event you're purchasing it for. At the time of your order, Eventbrite will place an order for your ticket(s) in the Promoter’s ticketing system, reducing the number of tickets available for the chosen event. Before purchasing your ticket(s) we urge you to confirm the title, time and location of the event(s) you wish to attend, as there are no refunds. Each event has a definitive date, start time and end time. If you do not show up to the event, you understand that you are forfeiting your ticket(s) and therefore your ticketing fee (the entirety of what you paid) will not be returned to you. If you do not attend your event, you're still 100% financially liable for your purchase. If you cannot attend event, you will not receive refund.

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Things to do | how san diego became a player in the super-glitzy world of superyachts, for superyacht owners, no extravagance is too extreme, no port too glamorous.

The San Diego Union-Tribune

The 145-foot super yacht Dumb Luck, center, is docked in Shelter Island basin on Nov. 6, 2019.

Take, for instance, Golden Shadow. Launched in 1995 by San Diego’s Campbell Shipyard, the 219-foot vessel has luxurious staterooms for 16 guests, more modest quarters for 22 crew members, a 50-square-foot dive chamber and an exterior elevator platform, powerful enough to hoist aboard a seaplane and spacious enough to set down a helicopter.

Impressed? Don’t be. Golden Shadow was built as a floating garage for Golden Odyssey, a Saudi prince’s 404-foot superyacht.

“These big yachts have so many helicopters and toys aboard,” said Neal Esterly, a San Diego salesman for Fraser, a premier superyacht broker. “They are building 200-foot shadow boats to carry the submarine, the helicopter, the dirt bikes.”

In the world of superyachts, no extravagance is too extreme, no port too glamorous. These palatial vessels anchor off Cannes, roam the Windward Islands, explore Norwegian fjords, wander across the Pacific. The owners — Russian oligarchs, Middle Eastern sheikhs, American tech titans — travel in royal splendor with Cordon Bleu-trained chefs, masseuses, dive masters, pilots, tutors for the kids. On board, they are surrounded by African hardwood cabinets, spas fed by waterfalls, herb gardens, indoor and outdoor swimming pools, basketball courts, hot tubs, Dale Chihuly glass chandeliers and Keith Haring originals.

Size alone doesn’t define a superyacht, but everything in this category is at least 75 feet from stem to stern. The largest, the 600-footer REV Ocean, is almost 100 feet longer than a U.S. Navy Arleigh Burke-class destroyer.

“They are very much for the 1%,” said San Diego’s Kate Pearson, chair of the U.S. Superyacht Association. “Well, the .1%.”

During a leisurely voyage — from Alaskan glaciers to Costa Rican rainforests, say — these vessels often need to pause in a safe harbor for repairs and replenishment. That’s San Diego’s role in this glitzy world, offering shipyards, sheltered dock space and an army of woodworkers, welders, engineers, sailmakers, even specialists in the surprisingly delicate task of on-board carpet cleaning.

All of this, fans note, pumps money into the local economy. So do the live-aboard crew members who take advantage of our waterfront’s proximity to bars, restaurants, nightclubs.

“Most of them are 35 and younger. They pay no rent, no monthly bills, they’re not paying for food,” said Steve Brownsea, captain of the 145-foot Dumb Luck, moored at Shelter Island. “All they do is go and party.”

Like all industries, this business is sensitive to the market’s ebbs and flows. Orders for new vessels slipped during the Great Recession and brokers like Esterly keep a wary eye on signs that the global economy is weakening. As the gap between the .1% and everyone else widens, some superyachters fret about the “optics” of their seagoing displays of super-wealth.

Perhaps the greatest hazard, though, is also this lifestyle’s greatest attraction: the beautiful and unforgiving sea.

Port for all reasons

San Diego arrived late to the party. Massive pleasure yachts have been enjoyed by European royal families for centuries, while the ostentatious vessels of 19th century American tycoons commonly cruised near the Gilded Age mansions of Newport, R.I., and Long Island, N.Y.

In 1947, David Fraser founded a yacht brokerage house in Newport Beach. About 20 years later, he opened a branch office San Diego. Despite these deep Southern California roots, Fraser now has an Old World feel — in the 1990s, it merged with Europe’s United Yachting, and the company’s headquarters moved to Monaco. With Burgess and Y.Co, Fraser is one of superyachting’s Big Three brokers.

While Fraser maintains an office here, San Diego is home port for only a handful of superyachts.

“We don’t have the cruising grounds like you have in Florida, the Bahamas, the Caribbean or Europe,” Esterly said. “From San Diego, Cabo and Seattle are each 1,000 miles away. Between those two, there just isn’t any place to go cruising. You can only go to Catalina Island so many times.”

To this super-wealthy crowd, though, San Diego markets itself as the destination between destinations.

“We are not Monaco or the Bahamas,” said Todd Roberts, president of Fifth Avenue Landing, the superyacht anchorage south of Seaport Village. “We are effectively a transit port. But we are doing a pretty good job of giving the superyacht the whole package.”

The landing’s 12 slips can accommodate mid-size superyachts, up to about 300 feet in length. Vessels that moor here can hook up to shore power, pump out “blackwater” — yachtspeak for sewage — unload food, drink and other supplies straight off the dock. Fifth Avenue also owns the Marine Group Boat Works, which operates shipyards in National City and Chula Vista.

San Diego’s naval heritage guarantees plenty of people trained in ship maintenance. Brownsea, the captain of Dumb Luck, recalls the dismay of another superyacht’s owner, when he learned his vessel needed new parts that were only available in Europe. His sailing date would have been delayed — if he hadn’t stumbled upon a San Diegan able to machine the parts.

“They were delivered within 24 hours,” Brownsea said. “The owner couldn’t believe it.”

Geography, too, works in San Diego’s favor. For southbound sailors waiting for the Mexican hurricane season to blow itself out, this bay is a comfortable place to spend days or weeks while monitoring satellite weather maps.

“The captains that go down to the Sea of Cortez, they all stop in San Diego,” said Scott Whittaker, the Puget Sound-based skipper of Gayle Force, a 99-foot expedition boat. “Everybody does.”

Changing trends in sailing also benefit San Diego, as long voyages — to Costa Rica and Peru, say, then across the Pacific to New Zealand, Tahiti, Fiji, Micronesia and finally back to the U.S. — appeal to a certain class of well-heeled wanderer.

“The boats we get in San Diego, the vessels you see on our waterfront that blow your mind, that owner is more adventurous,” said Fifth Avenue’s Roberts. “The yacht owner who wants to sit on the deck with a margarita and wave at his friends, those aren’t the owners we get. We get the more expeditionary owner.”

Expeditionary or sedentary, owners value their privacy. Typical is Robert Mercer, a New York tech millionaire and major financial contributor to Donald Trump’s 2016 presidential campaign. On Sept. 11, his superyacht tried to enter San Diego Bay incognito, with tarps draped over her name.

Might as well put sunglasses on the Mona Lisa. One of the world’s most photographed vessels, this 203-foot floating mansion is instantly recognizable, thanks to her forest green hull and cream-colored decks. Few, though, have been invited aboard to marvel at the carved mahogany “tree” rising through four decks, the frescoes saluting Darwin and Newton, the hand-knotted carpet of Nepalese wool and silk.

During Sea Owl’s eight-week stay at Fifth Avenue, a sign dangled over her gangway: “Private yacht — no boarding.”

Peril on the sea

Like a garage full of Maseratis or a closet full of Valentino gowns, superyachts are a sure sign of wealth. TV’s Judge Judy owns a 152-foot cruiser, Triumphant Lady, while Tiger Woods’s Privacy is slightly larger, 155 feet. Steven Spielberg’s Seven Seas is grander still, a 282-foot home-away-from-his-other-homes-away-from-home, with crew of 23, flotilla of tenders and on-board movie theater.

San Diego has enjoyed occasional visits by ocean-going glitterati, such as Luna, the 377-foot vessel owned by Russian billionaire Roman Abramovich, and Tatoosh, a 303-foot wonder built for the late Microsoft co-founder Paul Allen. The latter’s five decks house a cinema, gym, massage room, swimming pool, 11 staterooms and a crew of 35. Fraser now charters Tatoosh — a week in the Caribbean this winter will run $650,000.

Attessa IV also made a big splash here, mooring in San Diego Bay often between 2016 and 2018. Her most recent visit ended in tragedy — while cruising off Imperial Beach on Oct. 26, 2018, Attessa IV slammed into the Prowler, a 65-foot sportfishing boat. One passenger, Richard Neff, was killed and another, John Schmit, critically injured.

Schmit, who suffered a fractured skull, vertebra, rib and sternum, sued the owners of Attessa IV and Prowler. A hearing in this case is scheduled for Dec. 6.

Both vessels reported poor visibility due to heavy fog, just one of the many hazards superyachts must navigate. A partial listing of recent victims: in 2015, Hurricane Carlos sank the 127-foot Bellissima near Acapulco; in 2017, Hurricane Irma sank the 131-foot Sierra Romeo in the Caribbean; and in 2018, heavy seas capsized the 124-foot Suegno off the Italian port of Genoa.

Some danger can be avoided by staying in port. Dumb Luck, the 145-foot tri-level motor yacht skippered by Brownsea, rarely leaves her Shelter Island dock. Even so, the usually absent owner is hit hard in his pocketbook.

“Just to keep her in port costs about $750,000 a year,” said Brownsea, citing the crew’s salary, docking fees, fuel, insurance and property tax, the latter levied on vessels that remain here at least six months a year. “If we were active, going more places, it would be about $1.5 million.”

That’s a lot of money — unless you are a superyachter. Fifth Avenue’s Roberts once priced repairs for an owner. The job wasn’t cheap, and Roberts advised the owner that expenses would climb astronomically if had to be done quickly.

“I’m old, Todd,” the owner responded. “I have way more money than time. Just make it happen.”

Super budget

If superyachts are for the .1%, the Nerissa is for the other 99.9% — or at least those with a decent amount of disposable income. A 73-foot motor yacht going to seed on the Gulf Shore, Nerissa was purchased by San Diego’s Shari and Amos Zolna, who restored it as a party vessel with a well-stocked bar and a hot tub.

Now docked on Shelter Island and Coast Guard-certified for 49 passengers, Nerissa specializes in day cruises on San Diego Bay. Summer is her high season, but year-round she is booked by bachelor and bachelorette parties, sightseers, sunset cruisers and others. Two hours on the water for 40 people, with a caterer and an open bar, runs about $5,000, or $125 a head.

The experience, Amas Zolna said, is priceless: “There’s nothing like sitting out there in the hot tub with a cold beer or a glass of wine.”

The true superyacht experience will always be far out of reach for most people. Kate Pearson, the U.S. Superyacht Association’s chair, laughs when asked if she owns one.

“No,” said Pearson, who is vice president of Safe Harbors Marina, the world’s largest owner and operator of marinas. “We are a boating family, but on a much more subdued level.”

While she has been a guest aboard numerous superyachts, she views them the way most people view the stars — something beautiful, magnificent and unattainable. When Pearson is sailing with guests and they see a superyacht, she quickly alters course.

“We take them up close,” she said.

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