The Nord, a $500 million superyacht linked to Russian billionaire Alexey Mordashov, crossed the Strait of Hormuz on Saturday during a blockade imposed by Iran. The vessel departed Dubai on Friday and arrived in Muscat, Oman on Sunday. It is unclear how the vessel obtained authorization to navigate the restricted route.
The Strait of Hormuz is one of the world's main maritime routes, through which 20% of global oil normally passes. Alexey Mordashov is a Russian oligarch sanctioned by the US and European Union following Russia's invasion of Ukraine in 2022, due to his ties with Vladimir Putin.
The superyacht Nord crossed the Strait of Hormuz on Saturday, January 25
The Nord is linked to Russian billionaire Alexey Mordashov and is valued at over $500 million
The vessel is registered under a company owned by Marina Mordashova, Alexey Mordashov's wife
Mordashov is subject to sanctions imposed by the US and European Union
It is unclear how the vessel obtained authorization to navigate the blocked route
Covered by only some sources, or where the accounts diverge.
Covered by only some sources (3)
Mordashov has a fortune of nearly $37 billion and became Russia's richest man again in 2025
The superyacht has 20 cabins, a swimming pool, helipad and submarine
The EU alleges that media companies in which Mordashov invests contributed to destabilization of Ukraine
No gaps declared — all sources converge on the material facts.