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Superyacht owned by Russian oligarch Dmitry Pumpyansky detained after docking in Gibraltar

The multi-million dollar super-yacht has been held after dmitry pumpyansky faced british and eu sanctions in march, subscribe to independent premium to bookmark this article.

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Axioma, the superyacht belonging to Russian oligarch Dmitry Pumpyansky docked in Gibraltar.

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A super-yacht linked to a Russian oligarch currently under British and European Union sanctions has been detained by authorities in Gibraltar.

Western sanctions on Russian oligarchs over Moscow ’s invasion of Ukraine have triggered an exodus of luxury yachts from Europe in recent weeks, with several heading towards the Maldives , which has no extradition treaty with the United States.

The $75m (£57m) Axioma belongs to billionaire Dmitry Pumpyansky, the owner and chairman of steel pipe manufacturer OAO TMK, a supplier to Russian state-owned energy company Gazprom.

The Gibraltar government confirmed in a statement the Axioma had arrived in port after asking permission to enter and “was confirmed to be the subject of an arrest action by a leading international bank in the Supreme Court of Gibraltar”.

“The vessel is now subject to arrest by the Admiralty Marshal until further order,” it said, without specifying the legal claims from creditors against the vessel or the vessel's owner.

Research from financial market data company, Refinitiv shows the 72-metre vessel is owned by a British Virgin Islands holding company called Pyrene investments.

The Axioma is the latest in a series of yachts to be seized in Europe

An article published by the International Consortium of Investigative Journalists as part of the Panama Papers leaks names Mr Pumpyansky as a beneficiary of the holding.

Forbes and specialist publication Superyacht Fan also list him as the Axioma's owner.

Refinitiv shipping data showed the Axioma left the Caribbean island of Antigua on 27 February and spent the past three weeks crossing the Atlantic before reaching Gibraltar.

Russian oligarch Dmitry Pumpyansky is currently on the British and EU sanction list

Earlier on Monday, a vessel linked to Roman Abramovich, the sanctioned owner of Chelsea football club, docked in the seaside city of Bodrum in southwest Turkey

It comes as a video on YouTube alleging that Mr Putin owns a $700 million (£528 million) super yacht, which is in an Italian port. The clip boasts just under three million views by Tuesday evening. The New York Times reported earlier this month that the vessel's captain denied Putin owned or had ever been on the yacht.

Multi-million-dollar mega yacht Scheherazade, docked in Italy. It is currently the source of speculation that it belongs to a Russian oligarch, or even perhaps President Vladimir Putin

Russian billionaire Alisher Usmanov has said he no longer owns a number of properties that have been hit by UK sanctions, according to reports.

Mr Usmanov's net worth is put at about £13.8bn. He was thought to own a £10m mansion in Surrey and a £48m house in Highgate, north London.

However, neither of those assets can be frozen because they are not his, a spokesman for the oligarch said, raising questions around how effective sanctions against Russian oligarchs have been.

“All of Mr Usmanov's properties were settled into the irrevocable trusts long before the sanctions came,” he commented.

“It had nothing to do with sanctions and was determined by estate planning.”

Properties in north London and Surrey once owned by the businessman were “long ago” placed into trusts prior to sanctions imposed by the UK government on 3 March, the Guardian reported, citing a spokesman for the oligarch.

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Axioma Charter Yacht

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Axioma (ex: Red Square)

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AXIOMA YACHT CHARTER

72m  /  236'3   dunya yachts   2013 / 2024.

  • Previous Yacht

Cabin Configuration

  • 2 Convertible

Special Features:

  • Approved RYA water sports centre onboard
  • 3D cinema room
  • Uber-chic infinity pool on main deck
  • Stunning double-height salon with mezzanine area
  • Owner's cabin located on a dedicated deck for the utmost privacy
  • Master-sized VIP suite
  • Exquisitely designed Fjord 44 coupe tender
With plenty of onboard entertainment, motor yacht Axioma is an exceptional yacht charter choice

The 236.22ft /72m custom motor yacht 'AXIOMA' was built in 2013 by Dunya Yachts. Originally known as project Red Square, her luxurious interior is designed by the renowned Alberto Pinto while Sterling Scott is responsible for her exterior styling.

The debut build from Dunya Yachts, AXIOMA embodies the world’s top superyacht craftsmanship, engineering and materials, making her a standard-bearer of the shipyard’s pedigree.

Exterior Design

Behind AXIOMA’s beautiful lines is Diana Scott of Sterling Scott. All four main exterior locations flow harmoniously, providing guests with the best of interactive outdoor living. The pool on the main deck is the perfect daytime setting. Lay back and relax as your kids splash about in the water before heading up one level to the spacious alfresco dining area for lunch and, as the sun sets, unwind with a cocktail in the bridge deck’s spa pool complete with swim-up bar. Then, up again and forward, there is a secluded lounging and dining area for intimate evening gatherings.

Interior Design

The late Alberto Pinto has created a contemporary beach house style, eschewing the stiff formality of a glitzy hotel-inspired interior expected to be found on a yacht of AXIOMA’s class. Dedicated to creating a bright, summertime feel, Pinto has utilized light-coloured woods and natural fabrics such as straw and leather. Enhancing this sense of space and light is the stunning two-level open mezzanine aft of the main salon, which joins an upper-level seating area and bar below. These spaces, which are connected yet individual in scope, present a multitude of uses from entertaining guests to unwinding with a book. Bold splashes of colour enliven the neutral backdrop, but does not overwhelm, for the upmost tranquillity.

Guest Accommodation

AXIOMA’s sleeping quarters follow the design features of the upper living areas. The master suite’s neutral wall panels are enhanced by flashes of blue, and wide windows and a large circular skylight flood the room in natural light. In a revolutionary twist, the five additional staterooms, comprised of a VIP suite, two doubles and two convertible twin cabins, are located on the main deck to ensure they benefit from large windows. All these guest suites boast their own colour scheme.  

Onboard Comfort & Entertainment

There are a multitude of leisure options on board superyacht AXIOMA. Whether hosting a summer party on the sun deck with delicious snacks from the barbecue, enjoying a private gathering in the media room on the upper deck or watching a movie in the 3D cinema room, family and friends are guaranteed to be kept entertained.

Special Features

An approved RYA water sports centre, AXIOMA offers guests the chance to obtain their Jet Ski certificate while on a luxury yacht charter. What’s more, there will be a whole host of the latest water toys at your disposal, including Sea-Doos, kayaks, paddle boards, wakeboards and diving equipment as well as an inflatable water slide.

In line with her easy going attitude, AXIOMA boasts a steam room, sauna and gym on her bridge deck. Easily accessible to all guests, these present the perfect opportunity for relaxation and the gym is surrounded by floor-to-ceiling windows, allowing guests to work out with a view.

Performance & Range

A custom full displacement yacht, AXIOMA is equipped with an ultra-modern stabilization system, which works at zero speed and when traversing rough waters to reduce roll motion and offer a more enjoyable cruising experience. With a cruising speed of 14 knots, a maximum speed of 17 knots and a range of 5,000nm from her 172,400 litre fuel tanks, she is the perfect combination of performance and sophistication.

When not cruising Axioma has onboard an incredible selection of water toys and accessories for you and your guests to connect with the waters around you. Take to the sea on the Jet Skis offering you power and control on the water. You'll be loving the huge adrenaline rush as you zip over the water on one of the two Seadoo WaveRunners. Another excellent feature are towable toys offering fun and adventure. If that isn't enough Axioma also features waterskis, scuba diving equipment, a seabob, wakeboards, kayaks and much more. When it comes to Tenders, Axioma has you covered - with two tenders, including a Chase Tender.

Axioma and her crew are available for charter this winter for cruising within the Caribbean. She is already accepting bookings this summer for cruising in the Mediterranean.

With its superlative combination of luxurious styling and superb amenities, motor yacht Axioma has everything you could possibly want for unforgettable yacht charter vacations.

TESTIMONIALS

There are currently no testimonials for Axioma, please provide .

Stand Out Features

Spacious mezzanine on Axioma

Spacious mezzanine

Ideal for entertaining, the double deck mezzanine is a large open space with high ceilings

Impressive infinity pool on Axioma

Impressive infinity pool

The main deck is highlighted by a huge infinity pool with panoramic views at every angle

Indulgent bridge deck spa on Axioma

Indulgent bridge deck spa

Enjoy the Jacuzzi with its own bar before relaxing in the massage room, steam room and gymnasium

Axioma Photos

Axioma Yacht 11

Length 72m / 236'3
Beam 12m / 39'4
Draft 3.6m / 11'10
Gross Tonnage 1,620 GT
Cruising Speed 14 Knots
Built | (Refitted)
Builder Dunya Yachts
Model Custom
Exterior Designer Sterling Scott
Interior Design Alberto Pinto

Amenities & Entertainment

For your relaxation and entertainment Axioma has the following facilities, for more details please speak to your yacht charter broker.

Axioma is reported to be available to Charter with the following recreation facilities:

  • 1 x Chase Tender
  • 1 x Castoldi 25 Jet Tender

For a full list of all available amenities & entertainment facilities, or price to hire additional equipment please contact your broker.

Axioma Awards & Nominations

  • The ShowBoats Design Awards 2014 Interior Design Award: Displacement Motor Yachts 200′+ Finalist
  • The ShowBoats Design Awards 2014 Exterior Design & Styling Award: Displacement Motor Yachts 200′+ Finalist
  • The World Superyacht Awards 2014 Best Displacement Motor Yacht of 1,300GT to 1,999GT Special Commendation
  • + shortlist

For a full list of all available amenities & entertainment facilities, or price to hire additional equipment please contact your broker.

PADI CERTIFIED TRAINING CENTRE

Your family and friends could learn to scuba dive on your charter vacation onboard this luxury charter yacht. Motor Yacht Axioma is a certified PADI Dive Centre yacht so you could obtain your PADI diving card .

APPROVED RYA WATER SPORTS CENTRE

Your family and friends could learn to use the water toys on your charter vacation onboard this luxury charter yacht. Motor Yacht Axioma is a certified RYA Training Centre yacht.

'Axioma' Charter Rates & Destinations

Mediterranean Summer Cruising Region

Summer Season

May - September

€562,500 p/week + expenses Approx $608,500

High Season

€625,000 p/week + expenses Approx $676,000

Cruising Regions

Mediterranean Croatia, France, Greece, Italy, Monaco, Montenegro, Turkey

HOT SPOTS:   Amalfi Coast, Calvi, Corsica, French Riviera, Ibiza, Mykonos, Sardinia, The Balearics

Caribbean Winter Cruising Region

Winter Season

October - April

Caribbean Antigua, Saint Martin, St Barts

This yacht is available for Corporate Yacht Charter and Events

Charter Axioma

To charter this luxury yacht contact your charter broker , or we can help you.

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Sanctioned Russian billionaire's superyacht sells at auction for $37.5 million, far less than its $75 million value, reports say

  • A five-deck superyacht seized from Russian steel tycoon Dmitry Pumpyansky has been sold.
  • The Axioma, which had previously been valued at $75 million, sold for $37.5 million, per Reuters.
  • The identity of the buyer has not been disclosed. 

A superyacht seized from its Russian oligarch owner has been sold in the first auction of its kind since the beginning of the Ukraine war . 

The 236-foot vessel named the Axioma had been owned by steel tycoon Dmitry Pumpyansky and had an estimated value of $75 million, per Superyachtfan .

Nigel Hollyer of Howe Robinson Partners, which brokered the auction on behalf of The Office of the Admiralty Marshal in Gibraltar, confirmed to Insider that the vessel had been sold, but declined to confirm the amount. 

"The Admiralty Marshal has today sold the MY Axioma following payment into court of $37.5m by the successful bidder," Gibraltar's Supreme Court said in a statement to the Guardian on Tuesday. Reuters also reported the final sum as $37.5 million. 

The Axioma's fate has been closely scrutinized since it was seized by the government of Gibraltar in March. It was seized after a legal request by the US investment bank JP Morgan , according to documents seen by Reuters.

The seizure came after Pumpyansky defaulted on a 20.5 million euro ($19.6 million) loan payment made to one of his companies, Reuters added. The loan automatically defaulted after Pumpyansky was sanctioned by Western governments following Russia's invasion of Ukraine, Reuters added.

Until March, Pumpyansky was the owner of steel manufacturer OAO TMK and has an estimated worth of around $2 billion, according to Forbes's Billionaire's Index . 

The five-deck Axioma boasts six cabins and has a glass elevator, cinema, and infinity pool.  Hollyer previously confirmed to Insider that the boat had received 63 bids. The identity of the final buyer has not been disclosed. 

The Office of the Admiralty Marshal said that funds from the sale would be used to settle the debt, and the court would then decide what to do with the surplus, per Reuters.

axioma yacht owner

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Seized £63m Russian superyacht Axioma to be sold at Gibraltar auction

axioma yacht owner

A £63m ($75m) Russian superyacht will go under the hammer after its owner was sanctioned.

The Axioma was seized in Gibraltar in March after US bank JP Morgan claimed owner Dmitrievich Pumpyansky did not pay a £17m ($20m) loan.

The 72.5m vessel is being auctioned on Tuesday and, because it is listed for one day only, it is expected to go for less than its estimated value.

The monster boat can sleep 12 people in six cabins.

It boasts a swimming pool, jacuzzi, spa, 3D cinema, jet skis and scuba diving equipment and has space for 20 crew.

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It is the first seized luxury boat to be sold since restrictions were imposed on powerful Russians following Moscow's invasion of Ukraine in February.

There have been calls from some governments, including the UK, for proceeds of seized assets to help Ukrainian refugees.

However, the money from the sale of Axioma is expected to go to JP Morgan, following the auction by Gibraltar's Admiralty Court.

The hunt for superyachts of sanctioned Russians

No longer plain sailing in world of megayachts, where do russia's oligarchs hide their billions.

Although owned by Pumpyansky, the boat - which was originally called Red Square when it was built in 2013 - was available for millionaires to rent at up to £465,000 (549,000 euros) per week, plus expenses.

Pumpyansky is the owner and chair of steel pipe manufacturer OAO TMK, a supplier to the Russian state-owned energy company Gazprom.

The 58-year-old, who has an estimated £1.84bn fortune, has been sanctioned by the UK, EU and US.

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  1. AXIOMA Yacht • Ali Riza Yildirim $75M Superyacht

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  2. Superyacht Axioma, Axioma Yacht Specifications & Prices [Updated 2023]

    axioma yacht owner

  3. AXIOMA Yacht • Ali Riza Yildirim $75M Superyacht

    axioma yacht owner

  4. AXIOMA Yacht • Ali Riza Yildirim $75M Superyacht

    axioma yacht owner

  5. AXIOMA Yacht • Ali Riza Yildirim $75M Superyacht

    axioma yacht owner

  6. AXIOMA Yacht • Ali Riza Yildirim $75M Superyacht

    axioma yacht owner

COMMENTS

  1. AXIOMA Yacht • Ali Riza Yildirim $75M Superyacht

    Once Listed for Sale. Axioma was once tagged with a ‘for sale’ sign, listed at an asking price of EUR 68 million ($75 million) as its owner planned to replace her with a new 100-meter yacht project underway at Dunya Yachts in Turkey. However, the yacht was later taken off the market.

  2. DMITRY PUMPYANSKY • Net Worth $2 Billion • House • Yacht

    He was the owner of the motor yacht Axioma. He is reportedly building a 100-meter yacht in Turkey, known as Project Blade. Axioma was sold at auction in 2021 to Turkish billionaire Ali Riza Yildirim, CEO of the Yildirim Group. Ali’s brother Robert Yuksel Yildirim is the owner of the yacht SARASTAR.

  3. Superyacht Axioma owned by Russian oligarch Dmitry Pumpyansky ...

    The $75m (£57m) Axioma belongs to billionaire Dmitry Pumpyansky, the owner and chairman of steel pipe manufacturer OAO TMK, a supplier to Russian state-owned energy company Gazprom.

  4. Dunya's first superyacht Axioma is full of surprises

    The story of 72.5 metre superyacht Axioma (ex- Red Square) started in 2005 when Sedat Ergun, owner of the Ursa Shipyard in Turkey, who had been working in the financial and civil engineering sectors, decided to take the yard owned by his family and transform it into a superyacht building operation. ‘We had this yard—the Ursa Shipyard ...

  5. Axioma: Gorgeous $75 Million Custom Superyacht Survived ...

    Axioma is a fully custom build by Turkey-based Dunya Yachts, delivered to the owner in 2013, shortly after its debut at the Monaco Yacht Show. To this day, it's the largest motor yacht built in ...

  6. AXIOMA Yacht Charter Price (ex. Red Square) - Dunya Yachts ...

    The 236.22ft /72m custom motor yacht 'AXIOMA' was built in 2013 by Dunya Yachts. Originally known as project Red Square, her luxurious interior is designed by the renowned Alberto Pinto while Sterling Scott is responsible for her exterior styling. The debut build from Dunya Yachts, AXIOMA embodies the world’s top superyacht craftsmanship ...

  7. Update: Seized Russian superyacht Axioma sold at auction for ...

    Application error: a client-side exception has occurred (see the browser console for more information). The SYT Newsletter (daily) Yacht Charter Market (weekly) All. SuperYacht Times is the authority in yachting. News, yachts for sale & charter and superyacht intelligence.

  8. Oligarch's Superyacht Sold for $38M, Despite $75M Value ...

    A superyacht seized from its Russian oligarch owner has been sold in the first auction of its kind since the beginning of the Ukraine war.. The 236-foot vessel named the Axioma had been owned by ...

  9. Auctioned superyacht Axioma bound for Turkey - BOAT International

    The yacht was listed without a reserve price and the final auction price was never disclosed. The identity of the buyer was also withheld. Following her arrest in Gibraltar, the 72.5 metre superyacht Axioma was sold for a reported $37.5 million at auction in September 2022 and is now en route to Turkey.

  10. Seized £63m Russian superyacht Axioma to be sold at ... - BBC

    The Axioma was seized when it docked in Gibraltar in March. A £63m ($75m) Russian superyacht will go under the hammer after its owner was sanctioned. The Axioma was seized in Gibraltar in March ...