On 27 March 2025, the yacht “Stefania” was sold at a public auction in France for 10 million euros. This sale was a result of the shipowners’ conviction for money laundering. The auction highlights the effectiveness of seizing and selling ships in criminal cases, where vessels are often high-value assets. However, it is crucial to understand that the procedures for arresting yachts or other maritime assets in civil or commercial contexts are different and often more complex.Continue Reading Judicial sale of superyacht Stefania: An opportunity to look into French ship arrest procedures
