London Daily

Focus on the big picture.
Tuesday, Feb 17, 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
UK Markets Signal Opportunity as Starmer Confronts Intensifying Political Pressure
Trump Criticises Newsom’s UK Climate Pact, Defends Federal Authority Over Foreign Engagements
UK’s Top Prosecutor Says ‘No One Is Above the Law’ as Police Review Claims Against Ex-Prince Andrew
Businessman Adam Brooks weighs in on the reports that the US is set to help Hamit Coskun flee the UK, over free speech concerns
U.S. Attorney General Pam Bondi Releases 3.5 Million Pages of Jeffrey Epstein Case Files
US Secretary of State Marco Rubio Comment on European allies report blaming Russia for killing late Kremlin critic Alexei Navalny using toxin from poison dart frogs
Eighty-Year-Old Lottery Winner Sentenced to 16.5 Years for Drug Trafficking
UK Quran Burner May Receive Asylum in the US Amid Legal Challenges
Rubio Calls for Sweeping U.N. Reform, Saying It Has Failed to End Wars in Gaza and Ukraine
10,000 Condoms Distributed at Winter Olympics 2026 Athlete Village Depleted Within 72 Hours
Poland's President Advocates for Evaluating Independent Nuclear Weapons Development
Prince William Meets Saudi Crown Prince as Epstein-Andrew Fallout Casts Shadow
Starmer Calls for Renewed ‘Hard Power’ Investment at European Security Summit
UK Police Establish National Taskforce to Handle Domestic Epstein-Linked Allegations
UK Court Rules Ban on Palestine Action Unlawful in Major Free Speech Test
UK Faces Prospect of Net Migration Turning Negative as Economic Impact Looms
Mayor of Serdobsk in Russia’s Penza Region Resigns After Housing Certificates Granted to Migrant Family Trigger Public Outcry
Pentagon Reviews Anthropic Partnership After Claude AI Reportedly Used in Operation Targeting Nicolás Maduro
President Donald Trump and Hip-Hop’s Political Realignment: Pardons, Public Endorsements, and the Struggle Over Cultural Influence
China’s EV Makers Face Mandatory Return to Physical Buttons and Door Handles in Driver-Distraction Safety Overhaul
Goldman Sachs and DP World Executive Resignations: Elite-Reputation Risk and Corporate Governance Fallout From the Epstein Disclosures
‘Amelia’: The UK Government’s Anti-Extremism Game Villain Who Became a Protest Symbol
Peter Mandelson Asked to Testify Before US Congress Over Jeffrey Epstein Links
Walmart's Earnings and UK Economic Data Highlight Upcoming Financial Trends
UK Green Party Considering Proposal to Legalize Heroin for an Inclusive Society
SpaceX's New Vision: Lunar City Takes Precedence Over Mars Colonization
OpenAI and DeepCent Superintelligence Race: Artificial General Intelligence and AI Agents as a National Security Arms Race
Document Suggests Prince Andrew Shared UK Briefing on Afghan Investment Opportunities with Jeffrey Epstein
We will protect them from the digital Wild West.’ Another country will ban social media for under-16s
McDonald's Shortens Breakfast Hours in Australia Due to Egg Shortage
Heineken announces cut of 6,000 jobs due to declining beer demand
Beijing Brands UK Hong Kong Visa Expansion ‘Despicable and Reprehensible’ After Jimmy Lai Sentencing
Tesco Chief Warns UK Is ‘Sleepwalking’ Toward a Joblessness Crisis
Trump’s ‘Act of Great Stupidity’ Comment on UK Chagos Deal Reverberates Through Diplomacy and Strategy
New U.S. filings say Jeffrey Epstein repaid Les Wexner one hundred million dollars after theft allegation
Commerce Secretary Howard Lutnick acknowledges 2012 visit to Jeffrey Epstein’s private island as lawmakers scrutinise past ties
Helsing and Stark Defence loitering-munition drones and Germany’s race to industrialise battlefield autonomy
UK orders deletion of Courtsdesk court-data archive, reigniting the fight over who controls public justice records
UK Police Review Fresh Claims Involving Prince Andrew as Senior Royals Respond to Epstein Files
Keir Starmer’s Premiership Faces Unprecedented Strain as Epstein Fallout Deepens
Starmer Vows to Stay in Office as UK Government Faces Turmoil After Epstein Fallout
China and UK Signal Tentative Reset with Commitment to Steadier, Professionally Managed Relations
UK Confirms Imminent Increase in ETA Fee to £20 as Entry Rules Tighten
UK Signals Possible Seizure of Russia-Linked ‘Shadow Fleet’ Tanker in Escalation of Sanctions Enforcement
Epstein Scandal Piles Unprecedented Pressure on UK Prime Minister Keir Starmer’s Leadership
UK’s ‘Most Romantic Village’ Celebrates Valentine’s Day and Explores the Festival’s Rich History
The Implications of Expanding Voting Rights to Non-EU Foreign Residents in France
Ghislaine Maxwell to Testify Before US Congress on February 9
Al.com Acquired by Crypto.com Founder for $70 Million
Apple iPhone Lockdown Mode blocks FBI data access in journalist device seizure
×