London Daily

Focus on the big picture.
Friday, Sep 04, 2026

The $120 Million Ghost Ship Antigua Is Desperate to Unload

The $120 Million Ghost Ship Antigua Is Desperate to Unload

Cross the gangway and this $120 million floating palace still looks shipshape, even with just a skeleton crew.

It's been more than a year since the Russian superyacht Alfa Nero - all 267 feet and 2,500 gross tons of it - was abandoned in Falmouth Harbour, Antigua.

Cross the gangway and this $120 million floating palace still looks shipshape, even with just a skeleton crew. Red, white and gray Alfa Neropolo shirts are folded just so atop the baby grand piano. On the wall hangs a Miro. The infinity pool - which converts, via hydraulics, into a helipad - sparkles under the Caribbean sun.

And then, on the upper foredeck, in the wood-paneled study of the master suite, lies a clue that life aboard Alfa Nero has taken a very strange turn.

It's a PlayStation with video games like "Call of Duty." It's for the bored crew, since no passengers come aboard anymore.

The Alfa Nero, center, docked in Antigua.


Here on the southern shores of Antigua, where the British navy once chased real-life pirates of the Caribbean, Vladimir Putin's invasion of Ukraine has collided with the hyper-wealth he's helped mint in today's Russia.

What's left of the Alfa Nero's crew, it turns out, has partly commandeered the master suite. The captain sleeps in a guest bedroom, but otherwise the crew mostly remain below deck, leaving the five other luxury cabins, the spa, the gym, the elevator and everything else on board largely unused.

Ghost Ship

Alfa Nero has been docked here since early March 2022, a ghost ship of the war in Ukraine, 5,500 miles (8,851 kilometers) away. Not long after Russian troops crossed the border into Ukraine, the UK slapped sanctions on its purported owner, fertilizer billionaire Andrey Guryev. The US followed in August, sending FBI agents to search the vessel with local law enforcement.

Washington named Guryev as the owner, an allegation the magnate denies. A lawyer for Guryev said he's used Alfa Nero "from time to time" since 2014. Built in the Dutch shipyard Oceanco in 2007, it was until recently available for charter for about $1 million a week.

Just who is the owner is almost impossible to determine from public records given the labyrinthian means many of the world's ultra-rich employ to mask their wealth and assets. The notice of the ship's seizure by the Antiguan government is addressed to Guryev, as well as companies in the British Virgin Islands and Channel Islands. On board, Bloomberg saw notes for the crew that had references to "Mr. and Mrs. G."

Since Russia invaded Ukraine in early 2022, the US and its allies have issued sanctions against dozens of wealthy Russians to punish Putin and those close to him. In the process, luxury yachts linked to Russia have been transformed from billionaire playthings into symbols of the growing enmity between Russia and the West. More than two dozen vessels worth about $4 billion have been impounded in ports around the world.

Now, Antigua wants to get rid of what it considers an abandoned ship. It formally seized Alfa Nero in April, hoisted an Antiguan flag and, for good measure, posted two security guards on the dock.

Antigua and Barbuda Port Authority "Seized" sign on the bridge of the Alfa Nero.


The harbor-bound Alfa Nero has become a floating hazard, officials say, and an expensive one at that. The crew wants back pay. Diesel for the generator costs a small fortune. Bills have been piling up since Antigua took it over in April, with crew expenses alone costing $112,000 a month.

Authorities here have asked the US to lift its sanctions on the yacht so Antigua can auction it off to the highest bidder. They say they've received roughly 20 bids already.

'Blocked' Property

But as long as Washington continues to designate Alfa Nero as a "blocked" property, the Antiguans worry the proceeds of any sale might end up frozen as banks obey the letter of the law.

So they wait.

"Nobody's laid claim to it, nobody's been paying its bills. It's been running up money left, right and center, and it has become a risk to the harbor itself," Sir Ronald Sanders, Antigua's ambassador to the US, said in a telephone interview.

Antigua has offered to share the identities of potential bidders with the US to ensure any sale complies with Treasury's rules, Sanders said. Treasury officials declined to comment.

And so, day after week after month, the Alfa Nero bobs in the water at the Antigua Yacht Club Marina. The remaining crew scrubs its teak decks. They polish its black hull to a glossy sheen. Other yachts come and go through the bay.

An Antigua Port Authority security officer aboard the Alfa Nero.


For the time being, the stranded Alfa Nero offers a glimpse into the astronomical expense of simply keeping a superyacht afloat.

Its normal crew of 44 has been reduced to six. Twenty-five members have sued to recover $2.1 million in unpaid wages, according to Craig Jacas, a local lawyer representing them.

"Our clients' objective is simply to secure what is lawfully owed to them," Jacas said.

Occasional Dip

The six hands still living aboard take meticulous care of Alfa Nero. They occasionally take a dip in the pool.

The captain passes idle hours in a folding lawn chair on the port side deck. From his perch, he can spy a fleet of other superyachts gliding through the aquamarine harbor. In April, Mogambo, a 241-footer (73 meters) owned by Jan Koum, the Ukrainian-American billionaire who co-founded WhatsApp, pulled into a slip nearby.

Even here, in the relative safety of the marina, sun and sea are a constant menace. Saltwater takes a toll. Alfa Nero must burn diesel constantly to power everything on board. The air conditioning runs 24/7 in order to protect the precious wood, mother of pearl and soft leather adorning the high-design interiors.

"You can't even open the doors on Alfa Nerowithout diesel," said Tom Paterson, the dockmaster at the Antigua Yacht Club. "These boats, from the day they launch to the day they die, are burning fossil fuels."

Another growing worry: the calendar. Hurricane season is approaching once again. Other yachts have already begun to clear out. In September, when Tropical Storm Fiona rolled through, heavy seas threatened the dock-bound Alfa Nero. The marina asked the crew to take the ship out to sea - provided Dockmaster Paterson went along, too, to ensure Alfa Nero didn't make a run for it.

"At this point, the marina would like to get paid," Paterson said.

Newsletter

Related Articles

0:00
0:00
Close
Scottish Tech Company PureLifi Enters Administration With More Than 40 Job Losses
Scottish Government Names Alyn Smith Innovation and Education Minister
Green Party Co-Leader Zack Polanski to Contest By-Election for Keir Starmer’s Former Seat
Palestine Action Activists Appeal Terrorism-Related Prison Sentences
PwC Report Highlights Persistent Regional Spending-Power Divide Across Britain
UK Names Hundreds of Employers for Minimum Wage Violations
UK Commits £400 Million to International Tropical Forest Fund
UK Extends £2 Bus Fare Cap Across England Through 2027
UK Warns Travellers as US-Iran Tensions Disrupt Middle East Security and Shipping
Andy Burnham Faces Kemi Badenoch in First Prime Minister’s Questions
Kemi Badenoch Names Andrew Griffith Shadow Chancellor in Conservative Reshuffle
UK Treasury and Markets Focus on Fiscal Headroom Ahead of Autumn Budget
UK Government Reverses Early Release Plans for Serious Violent and Sexual Offences
UK and France Review Border Cooperation After 48,000 Small-Boat Crossings Prevented
UK Growth Outlook Weakens as Inflation and Energy Costs Rise
Breeding Tropical Mosquitoes Discovered in East London
Sadiq Khan Agrees to Search of Digital Communications in Palantir Lawsuit
Scottish Protesters Call for Moratorium on AI Data Centre Expansion
Uber Drivers Bring London Class Action Over Algorithmic Management
Reform UK Accepts £4 Million Donation From Cryptocurrency Billionaire Pardoned by Trump
Justice Secretary Tightens Early Release Scheme to Exclude Manslaughter Offenders
Kemi Badenoch Reshuffles Conservative Team as Reform UK Pressure Grows
British Mortgage Rates Rise as Global Bond Sell-Off Pushes Up Borrowing Costs
UK Records Hottest Summer on Record in 2026
UK Government Urges Households to Stock Essential Supplies Ahead of Severe El Niño Risk
UK Prepares Targeted Sanctions Over Israeli Settlements in West Bank
Reform UK Faces Electoral and Police Scrutiny Over Foreign Donation Allegations
UK and France Expand Channel Migration Cooperation as Trade Tensions Surface
UK Marks Merchant Navy Day With Tribute to Civilian Seafarers
Burnham Pays Tribute to Two Police Officers Killed on Duty in Northern England
Booking.com Left Fake Downing Street Listing Online for Two Months, Which Says
Burnham and Macron to Review UK-France Cooperation on Channel Crossings
UK Business Confidence Improves Slightly but Investment Concerns Persist
Burnham Faces Pressure Over Future North Sea Oil and Gas Licences
Burnham Pushes Wider English Devolution Through ‘Number Ten North’
British Chambers of Commerce Raises 2026 UK Growth Forecast to 1%
Keir Starmer Resigns as Holborn and St Pancras MP, Triggering By-Election
UK Chancellor Faces Tighter Budget Headroom as Long-Term Borrowing Costs Rise
UK Government Weighs Thames Water Nationalisation as Financial Crisis Deepens
Prime Minister Andy Burnham Faces First Commons Questions Over Tax and Spending Plans
Eleven British Seafarers Receive Merchant Navy Medal
Which? Creates Fake 10 Downing Street Rental Listing to Expose Booking.com Vetting Weaknesses
BP Appoints New Chairman in Effort to Stabilise Leadership
Aberdeen Sells Hydrogen Bus Fleet at Heavy Loss After Green Transport Experiment
UK Records Hottest Summer on Record as Climate Change Intensifies Extreme Heat
Scotland Pledges to End Temporary Accommodation for Children and Build 111,000 Affordable Homes
DNO Agrees $396 Million Deal to Acquire Capricorn Energy
Uber and Wayve Launch UK’s First Supervised Autonomous Ride-Hailing Service in London
Britain Expected to Avoid New US Tariffs Targeting European Union
Middle East Conflict Pushes UK Energy Costs Higher and Revives Inflation Concerns
×