Residents of Antigua may finally rejoice, as for the first time in two years, the abandoned Alfa Nero superyacht has changed its flag state, indicating that the money-burning vessel has finally been sold.

Antiguan authorities onboard the Alfa Nero.


The Alfa Nero has been labeled everything from ill-fated and abandoned to luckless and more. However, all that changed when this superyacht, which had been moored and motionless at Falmouth Harbor since March 2022, was sold. That wasn’t the only shift; since then, the luxury vessel, once owned by Russian tycoon Andrey Guryev, has changed its flag from Antigua to Malta on the AIS data. It was observed by the popular YouTube channel Esysman SuperYachts that on August 9th, the yacht’s flag state changed again, this time from Malta to the Cayman Islands.

Via Charterworld

Interestingly, the IMO Database still shows Antigua and Barbuda as its flag state, possibly because the yacht is undergoing refits and sea trials. Recently, the vessel took a trip around the island to rekindle its potential as a superyacht.

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Via Charterworld

It is expected that the 269-foot ship will soon employ a new crew, as it has been operating with a skeleton crew for over two years. But it appears that all that is about to change, and the Oceanco-built pleasure craft, featuring a helipad, a massive beach club, a movie hall, and a card room, will soon be up and running like the regal vessel it is.

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The Alfa Nero docked at Falmouth harbor

In July, Luxurylaunches reported that the small nation of Antigua was finally relieved of the $100,000 monthly maintenance bill for the abandoned Alfa Nero superyacht after a secretive Turkish billionaire purchased the boat. It is believed that the new owner of the Alfa Nero is the same individual who owns the Axioma yacht, the first seized superyacht to be auctioned. Yildirim bought the 236-foot Axioma for a respectable $37.5 million and is likely aware that magnificent ships like the Alfa Nero and Axioma are valuable assets capable of enduring more than just a few years of inactivity.

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With over 15 years of experience in luxury journalism, Neha Tandon Sharma is a notable senior writer at Luxurylaunches. Her expertise spans luxury yachts, high-end fashion, and celebrity culture. Beyond writing, her passion for fantasy series is evident. Beginning with articles on women-centric gadgets, she's now a leading voice in luxury, with a fondness for opulent superyachts. To date, her portfolio boasts more than 2 million words, often penned alongside a cappuccino.