U.S. authorities’ excitement turned to frustration as a Manhattan court bluntly rejected the DOJ’s bid to sell the seized Amadea superyacht. Taxpayers are left holding the bag and will be paying $27,000 every day for years to come just to maintain this $325 million vessel.

Image - Youtube / Olag Nikiteno

The Amadea superyacht, purportedly under the ownership of Russian oligarch Suleiman Kerimov, was seized in Fiji in February 2022 and has remained stationary ever since. Its situation, along with its misfortune, has not changed in over two years. Federal prosecutors in Manhattan sought to alter this by submitting a statement in federal court in New York in October 2023, urging the judge to proceed with an auction due to the ‘excessive’ carrying costs, estimated at $743,750 per month.

Image – X.com / Ryan P. Haygood

However, US District Judge Dale Ho rejected the request, asserting that the court is cautious about using maintenance costs as the sole justification for the sale, as these costs only represent a small fraction of the vessel’s value and are not unusual for such property.
“The court is wary of relying solely on maintenance costs to justify sale, when those costs represent a small fraction of the value of the res and do not appear to be atypical for property of this type,” said Judge Ho.

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Amadea docked at the Port of Everett, where she will be undergoing a multi-million dollar repair. Image – Youtube / Olag Nikiteno

As a result, American taxpayers continue to bear the burden of maintaining the 248-foot Lurssen beauty. While not a crime, at $27,000 per day, it is a significant amount that is sure to run into several millions before the yacht is ever returned to its owner.

348 feet long, the Amadea is one of the most luxurious superyachts built. Via Charterworld

US officials moved the vessel to San Diego, employing a crew to manage it. The $325 million yacht made a five-day journey from San Diego to Everett Port in Washington state, arriving on April 29th and remaining moored there. DOJ officials are concerned about the nearly $800,000 monthly costs, and the Amadea is likely heading to Seattle next, where premium shipyards offer dry docking services for lavish yachts, potentially costing the government another $5.6 million.

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US lawmakers claim that Amadea is owned by sanctioned billionaire Suleiman Kerimov.
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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.