A $700m super-yacht linked to a Russian oligarch just sailed through the Strait of Hormuz

{"@context":"https://schema.org","@type":"NewsArticle","dateModified":"2026-04-28T05:22:00Z","datePublished":"2026-04-28T05:22:00Z","description":"It is not clear how the multi-deck pleasure vessel, complete with a helipad and a submarine, was able to use the blockaded shipping lane at the heart of the US-Iran conflict.","headline":"A $700m super-yacht linked to a Russian oligarch just sailed through the Strait of Hormuz","keywords":"Middle East at war, Billionaires, Just in, Middle East tensions, Putin's Russia","author":[{"@type":"Person","name":"Reuters"}],"mainEntityOfPage":{"@id":"https://www.smh.com.au/business/companies/a-700m-super-yacht-linked-to-a-russian-oligarch-just-sailed-through-the-strait-of-hormuz-20260428-p5zrq0.html","@type":"WebPage"},"image":{"@type":"ImageObject","height":"1322.6666666666665","url":"https://static.ffx.io/images/$zoom_0.7760116666666667%2C$multiply_0.7025%2C$ratio_1.777778%2C$width_1059%2C$x_241%2C$y_395/t_crop_custom/q_86%2Cf_auto/1e150c463375e23f8c7791ef0efb5232b47572c6","width":"744"},"isAccessibleForFree":false,"hasPart":[{"@type":"WebPageElement","isAccessibleForFree":false,"cssSelector":".paywall"}],"publisher":{"@type":"NewsMediaOrganization","name":"The Sydney Morning Herald","logo":{"@type":"ImageObject","height":"628","url":"https://www.smh.com.au/metro-assets/assets/static/smh.png","width":"1200"},"url":"https://www.smh.com.au"},"isPartOf":{"@type":["CreativeWork","Product"],"name":"The Sydney Morning Herald","productID":"smh.com.au:webonly"}}{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","item":{"@id":"https://www.smh.com.au/business","name":"Business"},"position":1},{"@type":"ListItem","item":{"@id":"https://www.smh.com.au/business/companies","name":"Companies"},"position":2},{"@type":"ListItem","item":{"@id":"https://www.smh.com.au/topic/middle-east-at-war-6h0o","name":"Middle East at war"},"position":3}]}AdvertisementBusinessCompaniesMiddle East at warA $700m super-yacht linked to a Russian oligarch just sailed through the Strait of HormuzReutersApril 28, 2026 — 3:22pmSaveYou have reached your maximum number of saved items.Remove items from your saved list to add more.ShareAAAA super-yacht linked to sanctioned Russian billionaire Alexey Mordashov sailed through the Strait of Hormuz on Saturday, shipping data showed, one of very few vessels to transit the blockaded shipping lane at the heart of the US-Iran conflict.Nord – a 142-metre yacht worth over $US500 million ($697 million) – left a Dubai marina at around 1400 GMT on Friday (Saturday AEST), crossed the strait on Saturday morning and arrived in Muscat early on Sunday, according to data on the MarineTraffic platform.The Nord super-yacht in Hong Kong in 2022. It has 20 staterooms, a swimming pool, a helipad and a submarine.BloombergIt is not clear how the multi-deck pleasure vessel gained permission to use the route. Since February, Iran has severely restricted traffic through the strait, which typically handles around one-fifth of the world’s oil supply.A representative of steel magnate Mordashov declined to comment on Monday.AdvertisementJust a few, mainly merchant vessels have been passing daily through the crucial ‌waterway at the entrance to the Persian Gulf as Washington and Tehran maintain an uneasy ceasefire. This represents a fraction of the average 125 to 140 daily passages before the war began on February 28.In a countermeasure, the US has imposed a blockade of Iranian…

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