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One Off Yachts for Sale

Welcome to our curated selection of yachts from One Off. Whether you’re in pursuit of adventure or relaxation on the open seas, we’re here to assist you in finding the perfect yacht to fulfill your aspirations. Can’t find what you are looking for? Get in touch with a member of the team to pair you up with your ideal vessel.

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Boatbuilding with One-Off Fiberglass

From time to time new boatbuilding methods are touted as a breakthrough in boat construction. We have by-passed many of these “breakthroughs” because we don’t believe in experimenting with your time and money. There have been several such methods of fiberglass construction that have proven to be less than advertised or not suited to the production of one boat.

Factory made fiberglass boats utilize a female mold with laminates made of sprayed resin and chopped glass fibers or, in more expensive boats, hand laid fiberglass and polyester resin. These methods are only suitable for volume production due to the high cost of the mold.

There are much better methods that make it practical to produce a single boat using fiberglass materials. Glen-L has done a great deal of research into the various options for “one-off” construction. This research has resulted in our 400 page book: FIBERGLASS BOATBUILDING FOR AMATEURS . It has also produced several designs which are detailed in our online catalog “Fiberglass Construction” section.

There are two types of “one-off” construction detailed in our plans: sandwich core and fiberglass planking (C-Flex). By using either of these methods you can produce a fiberglass boat that is equal to or exceeds the quality of factory-built boats. These materials are well within the abilities of the amateur, even those who have never built a boat before. The Glen-L methods are especially designed with you, the amateur, in mind.

In the photographs in our Fiberglass Boatbuilding Guide , we use the  FOAMEE to illustrate the sandwich core construction method, and the  FEATHER to illustrate the C-Flex method. These boats were designed to give you an introduction to these methods or as an end in themselves.

C-Flex Fiberglass Planking Manual

PLEASE NOTE: While we are enthusiastic about these “one-off” fiberglass methods, in order to be properly utilized, the boat must be specifically designed for the materials. We have designs which are especially adapted to these methods and have detailed them accordingly. We do NOT recommend taking our other designs with the intention of using one of these methods unless they are specifically intended for fiberglass construction. Our plans detail clearly the best method for building each particular boat. To protect your investment and have a boat you’ll be proud of, avoid improvising.

9 Responses to Boatbuilding with One-Off Fiberglass

What an inspiring story on your website and the boat “Midnight Cry”. I am part of a southern gospel quartet here in Ft. lauderdale Florida and we sing this great song. I am inspired by your love for our Lord and also your love for boat building as I grew up building boats for my family Merritt Sportfishing yachts here in Florida. Hope we might talk one day

I’ve found an old 1965 glenn l boat that is full of rainwater. I am wondering if it would take alot of money to get it back on it’s sea legs. Do you have any diagrams of your 1965 models? It’s a motorboat, about 17′ long, with a very small cabin. Thanks

Rory, all of our designs are in our online catalog but we don’t have a fiberglass motorboat with a cabin that is 17′ long. It’s possible the builder converted a plywood hull to fiberglass.

Oh, and it’s fiberglass.

Thank you to responding so quickly. It looks like I have a”bit” of reading to aabout how to construct a fibre glass boat’ Thank you again Ron

I want to build a drift boat using one-off with foam board. Do you have plans available?

Dee, we don’t have any fiberglass drift boats–just the boats shown on our site: https://www.boatdesigns.com/Fiberglass-Construction/departments/6/

Do you know of any other people who have plans for a fiberglass drift boat?

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De Vries Lentsch 12.80 One Off

239,500 EUR

Motor boat | Year : 1932 | Country : The Netherlands

Engine : Caterpillar 3304 NA

Scheepsmakelaardij Goliath

Arie Wiegmans 26 One Off Edition

Motor boat | Year : 2014 | Country : The Netherlands

Engine : Yanmar

Valk 960 One Off

Sailing boat | Year : 1962 | Country : The Netherlands

Engine : Bukh

Beekhuis Yachtbrokers

Jongert Typ Stainless Steel One Off

335,000 EUR

Sailing boat | Year : 1985 | Country : Spain

Engine : Perkins 354M

Pavana Yacht Services

Jørn Utzon One Off Boat

Sailing boat | Year : 1970 | Country : Denmark

Yachtbasen Aps

Florida Ifrån 1962 Harry Becker Design One Off

Sailing boat | Year : 1962 | Country : Sweden

Engine : Ford V6

Yachtbroker Network

Dt. Werftbau/One Off 10.20

Live a board / River boat | Year : 2000 | Country : Germany

Brauckmann Boote / Standort Brandenburg-Plaue

Sailboat Steelboat 50 Feet - One Off

207,410 EUR

Sailing boat | Year : 1991 | Country : Sweden

Engine : Tmd41A

One Off Ketch Ketch - Motorsailer 20m

245,000 EUR

Motor sailor | Year : 1974 | Country : Belgium

Engine : Berliet

Lighthouse Boating

One-Off Serenity

Motor boat | Year : 2003 | Country : The Netherlands

Engine : Daf

Marine Concepts One Off 70

1,400,000 EUR

Sailing boat | Year : 2013 | Country : France

Engine : 1 x Deutz - M.W.M.

Sunbird International Yacht Sales - Sunbird France Mediterranee

One-Off 42" Motorbåd - 1986

Motor boat | Year : 1986 | Country : Denmark

Engine : 2 x Volvo Penta Tamd 40 B - 6 Cyl. 165 hk

One-Off S-Spant

Sailing boat | Year : 1975 | Country : The Netherlands

Engine : Perkins

One Off Sailing Yacht Brune B60

1,500,000 EUR

Motor sailor | Year : 2001 | Country : Spain

Engine : Man

De Valk Barcelona

Custom Trawler One Off

175,000 EUR

Motor boat | Year : 1984 | Country : France

Roussey Yachting

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STEP ONE Amels

• Inspiration

STEP ONE has 53 Photos

Step One News

M/Y Step One still available for South ...

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PLAN B | From US$ 231,000/wk

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If you have any questions about the STEP ONE information page below please contact us .

Launched in 2012, the 54.3m custom built luxury motor yacht Step One is the first member of the highly customisable and very unique Limited Editions 180 range, built by the prominent Dutch yard, Amels. Designed by well known Tim Heywood, the Step One superyacht boasts beautiful interior by Laura Sessa Romboli.

*STEP ONE IS NOT AVAILABLE FOR CHARTER*

12 guests find comfortable accommodation aboard the LE180 superyacht Step One. She provides 6 spacious cabins, with a fold-down balcony to the master stateroom that is situated on the main deck. She features an extended main salon, full-width upper salon as well as an extended sundeck. There is also a touch-and-go helipad on the roof of the bridge.

Boasting a steel hull and aluminium superstructure, the Amels luxury yacht Step One has a range of 4500 nm from her 115000-litres fuel tanks. Her beam is of 9m (29´6´´).

STEP ONE Specifications

Yacht step one video by amels yachts.

Yacht Accommodation

12 people can be accommodated on board the LE180 yacht Step One. She offers 6 cabins, with a fold-down balcony to the master stateroom that is situated on the main deck. She features an extended main salon, full-width upper salon as well as an extended sundeck. There is also a touch-and-go helipad on the roof of the bridge.

Amenities and Extras

Step one disclaimer:.

The luxury yacht STEP ONE displayed on this page is merely informational and she is not necessarily available for yacht charter or for sale, nor is she represented or marketed in anyway by CharterWorld. This web page and the superyacht information contained herein is not contractual. All yacht specifications and informations are displayed in good faith but CharterWorld does not warrant or assume any legal liability or responsibility for the current accuracy, completeness, validity, or usefulness of any superyacht information and/or images displayed. All boat information is subject to change without prior notice and may not be current.

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AMELS Managing Director Rob Luijendijk: “We’re innovating and growing. A big factor behind that is the rock solid support of our parent company DAMEN Shipyards. Our clients appreciate the strength and R&D know how that AMELS gains from being part of the Dutch family-owned international group.”

ASTRA | From EUR€ 275,000/wk

SEAGULL II | From EUR€ 110,000/wk

RARE FIND | From EUR€ 260,000/wk

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ONE PLANET YACHT CHARTER

23.47m  /  77'   sunreef yachts   2023.

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Special Features:

• Built in 2023
• Sleeps 8 guests
• Williams Jet Tenders
• Able to access shallow bays and coves

Luxury yacht One Planet combines style, performance and comfort for unforgettable charter vacations

The 23.5m/77'1" catamaran yacht 'One Planet' is an excellent new superyacht for the luxury charter market. Delivered by the Polish shipyard Sunreef Yachts she can comfortably accommodate up to 8 guests in 4 cabins.

Offering well-appointed deck areas, One Planet grants freedom to cruise breathtaking shallow anchorages in style and comfort.

Guest Accommodation

Built in 2023, One Planet offers guest accommodation for up to 8 guests in 4 suites.

Onboard Comfort & Entertainment

Whatever your activities on your charter, you'll find some impressive features are seamlessly integrated to help you such as Wi-Fi connectivity, allowing you to stay connected at all times, should you wish. You can stay comfortable on board whatever the weather, with air conditioning during your charter.

Performance & Range

One Planet comfortably cruises at 8 knots. With a shallow draft of One Planet can anchor closer to coves and sheltered bays overnight.

When not cruising One Planet has onboard an incredible selection of water toys and accessories for you and your guests to connect with the waters around you. Principle among these are two F5S SEABOBs, that allow you to skim along the surface or steer under the crystal water and experience life swimming with the fish. Another excellent feature are wakeboards so guests can show off at speed. Additionally, there are two kayaks - a tranquil and relaxing way to pass the time. One Planet has a Williams Jet Tenders to transfer you from ship to shore.

Book your next luxury yacht charter aboard One Planet this winter. She is already accepting bookings this summer for cruising in the Mediterranean.

A charter on catamaran yacht One Planet will offer you a week of unforgettable family memories

TESTIMONIALS

There are currently no testimonials for One Planet, please provide .

One Planet Photos

Amenities & Entertainment

For your relaxation and entertainment One Planet has the following facilities, for more details please speak to your yacht charter broker.

One Planet is reported to be available to Charter with the following recreation facilities:

• 2 x Wing Foil
• Williams Jet Tenders 110 HP engine

For a full list of all available amenities & entertainment facilities, or price to hire additional equipment please contact your broker.

• + shortlist

For a full list of all available amenities & entertainment facilities, or price to hire additional equipment please contact your broker.

'One Planet' Charter Rates & Destinations

Summer Season

May - September

€65,000 p/week + expenses Approx $71,000

High Season

€75,000 p/week + expenses Approx $81,500

Cruising Regions

Mediterranean France, Italy, Monaco

HOT SPOTS:   Amalfi Coast, Corsica, French Riviera, Sardinia

Charter One Planet

To charter this luxury yacht contact your charter broker , or we can help you.

To charter this luxury yacht contact your charter broker or

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SIMILAR YACHTS FOR CHARTER

23m | Sunreef Yachts

from $59,000 p/week ♦︎

21m | Custom

from $78,000 p/week ♦︎

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from $34,000 p/week ♦︎

21m | Lagoon

from $54,000 p/week ♦︎

NOTE to U.S. Customs & Border Protection

Specification

SEASONAL CHARTER RATES

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4-Day, 4-Park Magic Ticket from $99 Per Day, Plus Tax (Total Price from $396, Plus Tax)

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Experience 4 days of magic and thrills across the Walt Disney World theme parks when you purchase a specially priced 4-Park Magic Ticket starting from US$99 per day , plus tax (total price starting from US$396, plus tax).

This ticket does not require a theme park reservation to enter a park.

Date-based ticket with start dates from April 2 through September 22, 2024. Ticket must be used within 7 days of selected start date.

Fun in the Theme Parks

Discover new experiences and classic favorites in all 4 Walt Disney World theme parks when you purchase a 4-Park Magic Ticket. Read More

Discover new experiences and classic favorites in all 4 Walt Disney World theme parks when you purchase a 4-Park Magic Ticket.

As a reminder, the 4-Park Magic Ticket provides one visit to each of the 4 Walt Disney World Resort theme parks (one theme park per day).

• NEW! Stroll along a lush trail where you can explore the wonders of water and discover its playful personality at Journey of Water, Inspired by Moana .
• NEW! Watch the skies come alive in Luminous The Symphony of Us , a nighttime spectacular with fireworks, fountains, lights and music.
• Spring into fresh flavors, lively entertainment and fun for all ages at EPCOT International Flower & Garden Festival —now through May 27, 2024.
• Sip, savor and celebrate a world of flavor at EPCOT International Food & Wine Festival —returning in fall 2024.
• Bring the whole family to zip, dash and scurry through Gusteau's kitchen as you take in the sights, sounds and even smells from Remy's world on Remy's Ratatouille Adventure .
• Board an ancient Norwegian vessel and be whisked away to the kingdom of Arendelle during a Frozen Ever After adventure.
• Soar across the sky during a hang-gliding adventure on Soarin' —with spectacular sights, pleasant scents and the graceful sensation of flight that take you to incredible heights.

Disney's Animal Kingdom Theme Park

• Celebrate the magic of nature at Pandora - The World of Avatar . Here, you can fly on the back of a banshee on Avatar Flight of Passage, hike amid floating mountains in the Valley of Mo'ara and take a mystical boat ride into a bioluminescent rainforest on the Na'vi River Journey.
• Set off in an open-air vehicle across a lush African savanna teeming with exotic animals on Kilimanjaro Safaris.
• Witness Finding Nemo: The Big Blue... and Beyond! —a vibrant stage show set in the underwater world of Finding Nemo .
• Speed through the Himalayas on a runaway train while avoiding the clutches of the Yeti on Expedition Everest - Legend of the Forbidden Mountain .
• Behold Festival of the Lion King —a larger-than-life show filled with pageantry, puppetry and classic songs from The Lion King .
• Splash your way through a lush Asian jungle on Kali River Rapids .

Magic Kingdom Park

• Leave the real world behind for a high-stakes race across the Grid—the dark, computerized world from TRON —on TRON Lightcycle / Run presented by Enterprise.
• Explore iconic attractions and experiences in 6 incredible lands—including Seven Dwarfs Mine Train , a swaying family coaster ride that will have you racing through a diamond mine.
• Be dazzled by music, dancing and vivid pageantry during the Festival of Fantasy Parade —a grand tribute to the tales and inhabitants of Fantasyland.
• Meet some of your favorite Disney pals , enjoy a royal reception from Disney princesses and so much more. You may even spot Mirabel or Bruno from the animated film Encanto !
• Take off on an exhilarating coaster ride on Space Mountain and Big Thunder Mountain Railroad .
• Rediscover beloved classic Disney attractions such as Jungle Cruise, Haunted Mansion and more.
• Feast your eyes on a nighttime fireworks spectacular featuring lights, lasers and special effects.

Disney's Hollywood Studios

• Live your adventure in a galaxy far, far away at Star Wars : Galaxy's Edge ! Experience 2 thrilling attractions, build your own droid or lightsaber, savor Batuu's tasty food and beverages, shop for themed merchandise and more!
• Discover big fun for kids and grown-ups alike at Toy Story Land . Take a wild ride on Slinky Dog Dash and go for a whirl on Alien Swirling Saucers.
• Pack your imagination, switch tracks and take a ride on the cartoon side like never before when you hop aboard Mickey & Minnie’s Runaway Railway.
• Hurtle up and down on a haunted elevator ride at The Twilight Zone Tower of Terror™.
• See some favorite Characters around the park—including Toy Story Characters, Disney Junior pals, Frozen friends and Star Wars Characters.

Stay in the Magic... and Save!

Turn your visit into an unforgettable vacation with a special offer at select Disney Resort hotels. Read More

Turn your visit into an unforgettable vacation with a special offer at select Disney Resort hotels.

Stay in the magic with the Disney Resorts Collection—and save with this offer:

Spring and Early Summer Room Offer

Save up to 30% on rooms at select Disney Resort hotels when you stay 5 nights or longer, valid for stays most nights through July 7, 2024. Other savings may be available for shorter stays. View offer details .

Why Stay in the Magic?

When you book this room offer, you can enjoy a Walt Disney World vacation filled enchantment.

As a Disney Resort hotel Guest, you can:

• Experience the same legendary storytelling, detail and service found in the Walt Disney World theme parks
• Stay close to the theme parks
• Enjoy extra time in the theme parks — view details about this benefit for Disney Resort hotel Guests
• Get around Walt Disney World Resort with ease using complimentary transportation options—like bus, boat and monorail services
• Delight in other great benefits !

Check out Walt Disney World room offers to learn more about these benefits—and save on your stay!

Make the Most of Your Day

Save time waiting in line with Lightning Lane entry .

• Admission is subject to capacity closures and other restrictions.
• Parks, attractions and other offerings are subject to availability, closures and change or cancellation without notice or liability. Admission to a theme park is not guaranteed.
• Tickets are subject to the Walt Disney World Resort Ticket Store Terms and Conditions .

Stay in the Magic at Select Walt Disney World Resort Hotels by booking a non-discounted room with a discounted 4-Park Magic Ticket now through 9/22. To book, call 407-934-7639 and speak with a vacation planning expert or call your travel agent. The number of rooms allocated for this offer is limited.

†Guests under age 18 must have parent or guardian permission to call.

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USCG suspends search for missing boater after crash with rig off Grand Isle coast

GRAND ISLE, La. (WVUE) - The search for a missing boater has been suspended by the United States Coast Guard after a vessel crashed into a rig off the coast of Grand Isle.

The United States Coast Guard says they received an urgent alert Tuesday from the boat Linedout, indicating that they were taking on water near ship shoal 87 with two individuals aboard and a third man overboard.

The USCG sent out a helicopter aircrew and a 45-foot response boat to rescue the two onboard and begin searching for the third.

The lift boat Gloria also responded and was able to retrieve the two injured boaters.

The chopper crew saw no visual trace of the missing man but were able to airlift the two injured individuals from the Gloria and take them to a hospital in New Orleans. Both men were conscious and responsive.

Search efforts continued until Thursday around 1:20 p.m.

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Why the U.S. put a $1 million bounty on a Russian yacht’s alleged manager

On Sept. 3, 2020, the staff of a $90 million yacht placed an order with a U.S. company for a set of luxury bathrobes that came to $2,624.35.

For roughly two years before that, according to federal prosecutors, the yacht’s management had been falsely claiming it was working for a boat named “Fanta.” But the luxury bathrobes came embroidered with a monogram that, prosecutors said, revealed the yacht’s true identity: “Tango.”

That was a problem, officials say in court papers, because Tango was owned by a Russian billionaire under U.S. sanctions, and doing business on his behalf violated federal law.

Late last month, U.S. authorities unveiled a $1 million reward for information leading to the arrest and or conviction of the man they say was running the yacht staff and orchestrated the deception with the robes — Vladislav Osipov, 52, a Swiss-based businessman from Russia. In a new indictment , federal prosecutors say Osipov misled U.S. banks and companies into doing business with the Tango yacht despite the sanctions on the Russian owner, whom the Justice Department has identified as billionaire Viktor Vekselberg .

Osipov has denied the allegations. Osipov’s attorney has said that the government has failed to demonstrate that Vekselberg owned the yacht, and that its management was therefore not a sanctions violation.

The reward offer for Osipov reflects the latest stage in the evolution of the West’s broader financial war against Russia two years into the war in Ukraine, as the United States and its allies increasingly target intermediaries accused of enabling Russian oligarchs to circumvent sanctions.

Many Russians close to President Vladimir Putin have been under sanctions dating to 2014, when Russia seized Crimea from Ukraine and sent proxy forces into that country’s eastern Donbas region. When Russia invaded Ukraine in 2022, President Biden vowed to deal a “crushing blow” with a barrage of new sanctions on financial institutions, industries, business executives and others tied to the Kremlin. But roughly two years later, Russia’s economy has proved surprisingly resilient after the nation poured tens of billions of dollars into ramping up its military industry. Moscow has also worked around the sanctions, finding new third parties to supply it with critical military and industrial hardware, as well as countries beyond Europe to buy its oil.

Now, the West is trying to increase the reach of its sanctions by digging deeper into Russian supply chains. Late last month, the Treasury Department announced more than 500 new sanctions targeting Russia , primarily on military and industrial suppliers. The Justice Department also announced charges against two U.S.-based “facilitators” of a Russian state banker who is under sanction, as well as the guilty plea of a dual national based in Atlanta who was accused of laundering $150 million through bank accounts and shell companies on behalf of Russian clients.

Prioritizing criminal charges against — and the arrests of — Western employees of Russia’s elites represents a new escalation of the U.S. financial war against Putin, experts say. One Moscow businessman, speaking on the condition of anonymity for fear of retribution, said many influential Russians are concerned about the arrest of two associates of Andrey Kostin, the head of VTB, Russia’s second-biggest state bank. These associates, Vadim Wolfson and Gannon Bond, were charged with helping Kostin evade sanctions by maintaining a $12 million property in Aspen, Colo., for Kostin’s benefit while concealing his ownership. Kostin has said that the charges of sanctions evasion against him are “unfounded” and that he has not violated any laws . Bond has pleaded not guilty; Wolfson hasn’t made an initial court appearance yet.

Wolfson, also known as Vadim Belyaev, had been a Russian billionaire until the Russian government took over his bank in 2017. Bond, 49, is a U.S. citizen from Edgewater, N.J. For all Russians living abroad and working with people in Russia, the threat of criminal charges is a much more worrying prospect than the sanctions imposed by the Treasury Department last month against hundreds of individuals and entities, the businessman said, in part because sanctions are far easier to dodge than criminal charges.

“What you have seen through today’s public announcements are our efforts at really targeting the facilitators who possess the requisite skill set, access, connections that allow the Russian war machine [and] the Russian elites to continually have access to Western services and Western goods,” David Lim, co-director of the Justice Department’s KleptoCapture task force, which is tasked with enforcing U.S. sanctions over Russia’s invasion of Ukraine, told reporters last month.

Thad McBride, an international trade partner at the law firm Bass Berry & Sims, said the crackdown on intermediaries reflected the natural evolution of the U.S. sanctions campaign in response to Russian adjustments.

“It seems to me they have gone through a comprehensive list of the oligarchs, and you can debate whether or not it’s had a meaningful impact on the Russian war effort,” McBride said. “Because they’re getting smarter about who’s who, they’re finding other people who play meaningful roles in these transactions, even though they’re not showing up in the headlines.”

The charges against Osipov related to his alleged management of the Tango yacht illustrate the mounting potential consequences for people in Europe and the United States who attempt to do business with Russians targeted by Western allies, as well as the opaque structures allegedly employed by those seeking to evade sanctions.

With a net worth estimated by Forbes in 2021 at $9 billion, Vekselberg, 66, has long drawn scrutiny from the West — and sought to safeguard his wealth. He made his initial fortune in aluminum and oil in Russia’s privatization of the 1990s and then expanded into industrial and financial assets in Europe, the United States and Africa, with Putin’s blessing. In addition to the yacht, federal prosecutors say, Vekselberg acquired $75 million worth of properties, including apartments on New York’s Park Avenue and an estate in the Long Island town of Southampton.

Vekselberg, who declined to comment for this article, has not been criminally charged by the Justice Department. In a 2019 interview with the Financial Times, he denounced the sanctions as arbitrary and harmful for international business, saying he had been targeted just because he was Russian and rich and knows Putin.

In April 2018, the Treasury Department under the Trump administration sanctioned Vekselberg and six other Russian oligarchs as part of broader financial penalties over the Kremlin’s invasion of Crimea, support for President Bashar al-Assad in Syria and interference in the 2016 U.S. presidential election. Vekselberg was also targeted for his work for the Kremlin as chairman of the Skolkovo Foundation, an attempt to create Russia’s version of the Silicon Valley — evidence that appeared to undermine the Russian businessman’s claims that he operated independently of the Kremlin.

But with Vekselberg’s payments monitored by U.S. banks, according to the federal indictment , Osipov used shell companies and intermediaries to avert the bite of sanctions. Vekselberg kept other major assets out of the reach of U.S. authorities by making use of the Treasury Department’s 50 percent ownership rule, which stipulates that it is illegal to transact with firms only if an owner under sanction controls more than 50 percent of the business.

For example, a month after Treasury imposed sanctions on Vekselberg in April 2018, his Renova Innovation Technologies sold its 48.5 percent stake in Swiss engineering giant Sulzer to Tiwel Holding AG, a group that is nevertheless still “beneficially owned” — meaning, owned in practice — by Vekselberg through Columbus Trust, a Cayman Islands trust, according to Sulzer’s corporate filing. Vekselberg’s longtime right-hand man at Renova, Alexei Moskov, replaced one of Vekselberg’s direct representatives on the board. Moskov told The Washington Post that he stepped down from all his executive positions at Renova Group in 2018 after U.S. sanctions were first imposed and from that moment ceased to be Vekselberg’s employee.

The attempts to circumvent the sanctions appear to have found some success in the U.S. legal system. Columbus Nova, a U.S.-based asset management fund controlling more than $100 million in assets in the U.S. financial and tech industry, is run by Vekselberg’s cousin, Andrew Intrater. The firm battled for more than two years to lift a freeze on Columbus Nova’s assets, imposed by Treasury’s Office of Foreign Assets Control because of the sanctions on Vekselberg, and won, reaching a settlement agreement with the Treasury Department. After renaming itself Sparrow Capital LLC, Columbus Nova successfully argued that Intrater — not Vekselberg — owns the fund. Intrater argued that the company was 100 percent owned by U.S. citizens and that no individual or entity under sanction held any interest in it. Intrater said Columbus Nova had earned fees for managing investment funds owned by Renova. He said he had repeatedly told Treasury he would not distribute any funds to Vekselberg.

Now Osipov, the alleged manager of Vekselberg’s $90 million yacht, is attempting a similar argument as U.S. authorities seek his arrest on charges of bank fraud, money laundering, conspiracy to defraud the United States, and violations of sanctions law.

The federal indictment states that the Tango was owned by a shell corporation registered in the British Virgin Islands that was in turn owned by several other companies. The Virgin Islands shell company, authorities say, was controlled by Osipov, who also served in senior roles for multiple companies controlled by Vekselberg. U.S. officials also say Vekselberg ultimately controlled the other companies that owned the Virgin Islands shell company.

According to the indictment, a Tango official instructed a boat management company in Palma de Mallorca, Spain, to use a false name for the yacht — “Fanta” — to disguise its true identity from U.S. financial institutions and firms, which try to avoid doing business with an entity or person under sanction.

Working at Osipov’s direction, according to the indictment, employees for Tango bought more than $8,000 worth of goods for the yacht that were unwittingly but illegally processed by U.S. firms and U.S. financial institutions, including navigation software, leather basket magazine holders provided by a bespoke silversmith, and web and computing services. The management company running Tango, run by Osipov, also paid invoices worth more than $180,000 to a U.S. internet service provider, federal prosecutors say.

The Tango was seized by the FBI and Spanish authorities in the Mediterranean not long after Russia invaded Ukraine in 2022, and Osipov was first indicted last year. The owner of the Spanish yacht management company hired by Osipov, Richard Masters, 52, of Britain, was criminally charged last year by federal prosecutors with conspiracy to defraud the United States and violating federal sanctions law. A request for comment sent to Masters’ firm was not returned.

But in recent court documents, Osipov’s attorney argues that the yacht was not more than 50 percent owned by Vekselberg, and that the government hasn’t demonstrated it was. Barry J. Pollack, an attorney at Harris, St. Laurent and Wechsler, also says the government never warned Osipov of its novel and “unconstitutional” application of federal sanctions law.

“The government points to no precedent that supports its extraordinary interpretation and cites no authority that allows the traditional rules of statutory construction to be turned on their head,” Pollack wrote in a defense filing. The filing adds: “[Osipov] is not a fugitive because he did not engage in any of the allegedly criminal conduct while in the United States, has never resided in the United States, did not flee from the United States, and has not concealed himself.”

Still, the State Department’s Transnational Organized Crime Rewards Program has said it will provide up to $1 million for information leading to Osipov’s arrest, warning that he may visit Herrliberg, Switzerland; Majorca, Spain; or Moscow.

The case demonstrates the extent of the U.S. commitment to tighten the screws on those seen as aiding Russian elites, even if they themselves are not closely tied to the Kremlin.

“When DOJ levels legal action against an individual or entity, they have quite a bit of evidence, especially because the threshold to press charges for money-laundering and sanctions evasion is so high,” said Kim Donovan, director of the Economic Statecraft Initiative within the Atlantic Council’s GeoEconomics Center. “We’ve had quite a bit of experience targeting Russia directly, and what you’re starting to see is the U.S. go after the facilitators enabling sanctions evasion. That’s where the U.S. is focusing its efforts right now.”

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