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Bloomberg: Seized Russian super yacht to be auctioned for the first time since the start of the war

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The yacht, Axioma, was previously owned by Russian businessman Dmitry Pumpyansky who reportedly failed to pay his loan to the American bank JPMorgan Chase. The 72-meter vessel boasting luxurious furnishings and five decks is worth at least $74.5 million. It was seized in Gibraltar in March.

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The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

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President Volodymyr Zelensky said on July 11 that he is preparing changes to Ukraine’s “diplomatic efforts” to accelerate weapons deliveries from allies, as Ukraine's stockpile of Patriot air defense missiles has run dry.

 (Updated:  )

Russia launched 12 missiles overnight, including six Iskander-M and S-400 ballistic missiles, four Kh-59 and Kh-69 cruise missiles, and two Kh-31 anti-radiation missiles, alongside 121 attack and decoy drones, Ukraine's Air Force said.

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