US Refuses ‘Rightful Owner’ Offer to Pay Superyacht Bill | SY News Ep297
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- Опубликовано: 22 май 2024
- #superyacht #superyachts #yachts #boats
00:00 Amadea’s massive cost to US Taxpayers
08:49 Strange destination for M/Y Elements
10:04 Flying Fox heading through Seuz Canal
11:24 Podcast live on RUclips
11:46 Join us on patreon!
12:13 If you have information to send…
12:35 Bloopers!
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Most people know that a boat makes a hole in the water into which you pour buckets of money. A super yacht makes a super sized hole…. Please continue to do your detailed videos. I like them.
This is journalism / reporting level pro !
Great work captain
I would be interested in the follow up video.
In the 80s my father was in the USAF and worked as part of a group responsible for managing radar stations in northern Alaska/Canada/Greenland, called the DEW Line, to watch for potential Soviet bomber attacks. These rather small sites were manned by about a dozen or so civilians at each site, and at one point they threatened to go on strike. My father was tasked with finding out the logistics of replacing the striking workers with Air Force personnel. In order to man the stations to USAF manning standards it turned out that well over 100 Air Force personnel were required to do the same job as the dozen civilians. That is what's going on.
I nbet they werent staying in any buildings heated to 75 degrees either. Those were nsome tough dudes.
Considering the corruption of the U.S. Government officials and agents, I'm very surprised the cost of maintaining Amedea isn't 10X that amount.
Not yet , give it time.
USA still less corrupt than almost every other country, especially Russia.
Give it time.. I used to sub projects in Iraq. The .gov stupidity is something to behold.
OK . Stop paying your taxes . This is your best option
I’m local in San Diego and see Amadea all the time. Local news has the costs at $10m per year. It’s only moved once.
That's a tough word :) Love the blooper reel!
I am genuinely anxious to know more about the Amadea situation. Thanks for all of the good work that you have already done, with this and numerous other issues. Geoff Rohde
San Diego is full of US military. Can’t they get the Navy to maintain the vessel?
You reference the minimum crew and make zero provision for security for a seized yacht. But... perhaps the chef/cook is also a X-Navy Seal like Steven Seagal in that movie?
Oh, dear.
😂😂😂
1. US blubberment isn't smart enough to construe something like that
2. It'd be better than the chef from Hunt for Red October :)
The cook is Steven Seagal 😂
@@grantosgroover6556 As he is currently living in Putin Town... maybe not. 😉
An uncle of mine inherited a small super yacht from the owner (he was the skipper and the owner liked him). He couldn't sell it quickly enough, as there was no way he could afford the upkeep.
These things are EXPENSIVE.
10% of its cost per year.
@@NinjaRunningWild, or as high as 20%, based on hard and often you push her.
Whether it is invading a faraway country or seizing a yacht, the US Government Doesn’t seem very good at thinking through the obvious and foreseeable consequences of its actions.
It has been a dozen years since I did work for Pasha but where you see that yacht in the opening shot is where there ships unload. The ships have ramps that open on to the dock and the longshoremen drive the cars into that parking lot, then the teamsters move the cars from there. I have to think that yacht has to move to accommodate the ships.
Yes would love to see a longer video on amadea
I love it when you call bosses "douchebags"!
The scuttling idea has some merit - Strip it of all items of value and sell those, and then tow it out to sea and send it to the bottom. Then start doing it with every other arrested Russian boats.
don't forget to clean all fuels & such,we've got a new reef. ...Give it back,...or third option, gimme a pack of matches....
@@jaxdragon1723 now if the sanctioned owner isnt sanctioned anymore, you then need to replace his loss, this hasnt been confiscated, just impounded like a car at a tow lot
Nope he's Russian he gets no protection of US citizenship, and unrelated but can go ukcf himself
Luv the bloopers!
Would make an awesome admiral's barge.
Ha ha like your bloopers 😂 😢
Me too. "Easy for me to say" 😂
Is that an orange Lamborghini Urus at the port? Right below Amadea in the drone shot?
Great video and information,yes would appreciate a video on this hole saga.
Interlocutary means the sale decision will be taken with all known legally interested parties on full formal notice. The opposite would be ex parte, meaning the other side would not be put on notice.
LOL well done Admiral 🥂
San Diego is a NAVAL yard! The US Navy must have several THOUSAND servicemen certified, and able to be certified, to enable/drive/run this vessel. I expected the Admiral Club in San Diego to be on this boat most of the time, taking it our for "proving" trips........!!! Doesn't the Federal US MARSHALLS at least chit chat with the United States Navy??? They have the same boss!!!
they may but then you will have to reimburse the owner for wear and tear should there be damage, the hours on the engines and so on, remember this yacht is more like a car thats been towed to a lot, the place holding it is responsible for its safety
The US Marshal service are getting ripped off or they are telling porkies. 360,000 pcm for salary is utterly ridiculous - that would be 10K/person per month if the were fully crewed and junior crew (the majority) are not getting paid anywhere near that. An MSMD of 12 would more than enough to look after the yacht and do short day trips to sea, but you don't really need to go to sea. Engines can be run slowly ahead/astern whilst alongside and steering gear can moved port/stbd and stabilisers can be put in manual forced roll (if the side of the dock wall allows). We used to do that all the time in the RN and in the yachts I commanded. Only thing that could not be run are the watermakers.
The fuel cost is a bit steep. The biggest draw will be the AC and then other things for short periods - water calorifiers, pumps, hydraulics, galley etc, but 250KW should be enough. That's 18 US gals/hr at max chat for 24 hrs (unlikely, as its always 50%+ less at night) at $4/US gal is $52000 (duty paid).
I can't envisage general running costs being 165K pcm.
I have no idea why a Flag and Class survey would take 2 months, not even for a 5 yearly and she isn't old enough for a Special. Can easily do that in a month. Tanks and through hull valves are big jobs, but do 50% of the valves at the Intermediate Docking Survey and the other 50% at the 5 yrly. Might be that the yard doesn't have the manpower. Go to a bigger and better yard.
Perhaps I could do the job for the US Marshal Service and save them a tidy sum, but her size exceeds my Yacht licence and my RN Destroyer "ticket" doesn't count.
You would have thought over this length of time they would have shore hookup.
Amadea!
US government continues to prove we require much less government.
Thanks eSysman.
Love an update vid on M/Y Amedeo
Based on your image, Amadea is at
32.65798503190612 -117.1196735487494 on north side of a dock.
AIS shows on on south side in the Sweetwater channel, and Google Earth shows it there in June 2023.
32.64920891197456 -117.1131628026164
Both locations are in commercial area, not US NAVY area.
I’m definitely gonna put in a bid for this boat when it comes up for auction, I could see myself spending my 2 weeks holidays on it no problem.
I'm always interested in the intrigue and the connections of who owns these yachts. Amadea in particular. I'd definitely be interested in more.
Interlocutory... 😅 sound it out! Good Job👍
If its in SanDiego it can definately be running on shore power except when sailing. The costs are over inflated, period!
Would like to see more on our new yacht. As a citizen, it's part mine ... isn't it?
Just the bills
For me, not a yachting person, it is so astonishing and appalling how much fuel and electricity such a yacht need to simply lay in the harbor!
Aren't the huge silver radar balls obsolete now?
I was drinking like longshoreman that Episode.
Yes... and no... they are not radar but satellite internet which has been somewhat superseeded by starlink, many boats are going wholly to starlink and pulling the domes off but others are keeping them as backup
Can you do an update on PHI please? Would love to know monthly expense and condition
$360k is hefty. But seeing that it is US crewed, they might be unionized, which drives the compensation. They are docked in California, which means that other costs to payroll, are payroll taxes, Local state and federal. Disability insurance for the crew. Probably a bunch of other things that drive up employee compensation that an employer might pay that is invisible to the employee. There is probably a Crew management administrative company taking a chunk out of that 360K also.
You would have thought they could have the US Navy handle it.
yes to Amadea Story
once the gov't gets involved, stupidity and costs go ballistic
the best
You probably covered it years ago, but this makes me think of the Jo Low yacht seized by Malaysia. I wonder how much their government eventually got in the end.
Interlocutory: sounds like enter-lock-uh-tory.
I wonder if this yacht is being used by Congressmen as a party boat. Maybe they ought to put this into a military port. I'm sure the US Navy or Coast Guard would have no end of sailors willing to serve. The military could cut costs to a fraction of that bill and have a bonus.
48 cars in the lot adjacent. This is a seriously large crew for parking in one spot with no "Boss" around.
Esys -- sounds like the USMS forced the drydock facility to cover ALL costs while its in refit. So its still paying it -- just as part of the refit total price. (not an uncommon form of US contract - "all costs + predetermined profit)
EASY FOR YOU TO SAY 😁🤗💚💚💚
😂😂
The French government had similar issue with two ship they had taken control off with questionable Russian ownership. Because of the holding costs and legal cost projected to be incurred proving ownership via four company structures. It was deemed better to release the vessels as holding cost for an estimated 2-3 years would be at least half the vessels sale price but most likely more . If the legal action failed further cost could arise from loss of access the the vessel gif hire and lack of maintenance at a higher standards than provided.
Stick it in the Naval dockyard and use USN matelots?
COME ON! Who is ripping off Who!
11.20 - remember Phi in London
As explained in that video, that is the exception.
What do you know about super yacht 1 Dynasty that is moored at Malaga
put the homeless on it.
US should make it a future coral reef
what is the estimated value of the amadeas?
WHY dont they CHARTER it out to cover costs ??????
That would interfere with government officials use of the yacht.
Yes , scuttle it .
It’s called shore power
Wow, the biggest civil asset forfeiture ever.
Tremendous £600,000, POW!! blimey, bloody Nora. What a big stink of corruption xx
Interlocutory = under discussion. Loquor (latin verb) = to talk. eSysman's loquatious, meaning gabby.
350k
Captain 15k-30k
First Officer 9k
Chief Engineer 12k
Asst Engineer 7k
Bosun/deck 5.5k
Being in the US with US flag the benefits and other requirements can easily be that high.
just sell it or sink
Amadea I cost are based on simply paying the military back
If the government eventually sells Amadea, can they recoup monies spent on the upkeep while she sits in San Diego, by building it into the sale price?? I don't know how that works.
Requiring a crew of 36 for an empty yacht is never going to pass the laugh test
Presume you have heard about the recent passing of Roger Horner of e3 ?
Generators are not needed dock side!! It should be hooked up to shore power! And NO GOVERNMENT CREW, should ever be paid THAT much!!! It’s absurd!!! 🙄🙄🙄
I'm so over the mainstream media's coverage of the superyacht industry. they clearly have an impetus on highlighting the more flagrant stories. The positive economic contributions of this industry to different communities and sectors is inestimable, but i understand why that will never make clicks. it's just a tiring narrative.
Can the US government rent out the yacht to recoup some of the costs ?
Scuttle it.
Honda generator
Why is the United States paying for many things like ship crew, dockage, etc? The US has a large navy and a coast guard who are more than skilled at caring for seagoing vessels. I realize that, as a rule, this vessel is not the same as an aircraft carrier. Still, it is not unprecedented that U.S. military personnel have been charged with caring for precious and delicate items.
Anytime the US Government is paying the bill? The bill is padded significantly. Probably 2x or 3x what it would cost a private owner. There are a couple of people getting wealthy off this cash cow!! I would bet. It’s the nature of the beast.
Is Dick Cheney in on this?
Using the 10% rule that makes the yacht worth only $72 million, I thought it was worth more like $300m?
Scrap it for scrap metal recycling
They really need to sell it. Usa does not need to keep it.
The US doesn't own it. But doesn't want to pay the upkeep while it's arrested. They probably don't also want to compensate the owner for loss of use, if they can argue the seizure was unlawful. If, of course the owner can do that after it's been sold, then the compensation bill is obviously going to be a lot higher to pay for a replacement and the loss of use until the replacement is available.
Let me ask you this when they sell it who we the taxpayers get refunded any of the money absolutely 100% not the taxpayers always get screwed!
Can they at least charter it out to help offset the costs?
I’m definitely not a rocket scientist, but I think I can comment intelligently on a few points in your video. I have a bit of experience on the waterfront of San Diego as well as being a retired yacht and tug engineer. First, I don’t believe the vessel has done any seagoing ops since arriving in San Diego. It is located in a secure location in the south part of the bay, at the 24th St. Marine Terminal in National City. I’m certain that it has been running its auxiliaries, as there is no shore power at that berth, and certainly none providing 50 cycle service. This is unfortunately counter to the Unified Port District of San Diego’s Marine Clean Air Strategy. Crewing seems almost invisible, as certainly the exterior is showing visible signs of filth. As for maintaining Classification, yes, certain requirements exist. Those requirements could be met as well as a thorough survey for purposes of sale, at existing shipyard facilities in San Diego. Adequate officers and crew also are available for temporary movements, but I have no knowledge as to what current staffing onboard might be. I could find out. Cue the idiot trolls.
As far as I know, there is a minimum crew that has to be on board for all active vessels, (not just yachts), over a certain tonnage even when tied to a dock.Even if it's not going to be moving for a while.
all boats and ships regardless of size must plug in to shore power when at the dock when motive power is a diesel engine this includes generator running use as well. CA rule enacted about 4 years ago.
The berth in this footage is not where the vessel is presently moored. It is presently moored at a lay berth, where there is NO shore power. This what The Syzz meant about you rocket, scientists and armchair mariners. You don’t know Jack Shit. We both DO know Capt Jack, having sailed with him back in the day when we were young Ordinary Seamen. Now, bugger off!
about $13000 a day for crew salary? Absolute BULL$HIT
Sell n raffle cruises after inspection also use it for scientific research
Sell it already. Also, San Diego bay has some of the best facilities for ship support, how is it not on shore power?
It appears that the reason for Impounding this vessel has not been proven, nor has there been transparency by the US government as to the funding of the vessel by the owner. The tactics employed appear to be political, directed at the private owner, and no thought given to the people paying the exorbitant upkeep costs - the taxpayer.
An offer has been made to relieve the taxpayer of this burden but it has been declined. Would the annual payment not be better spent on the taxpayers?
The US government does not believe the person offering to pay is the real owner. Also the offer to pay is based on the yacht being 'returned' to the 'shell' owner, only then will they pay.
it needs at least a skeleton crew on board just for safety
Interlocutory = The devil's word! 😂😂😂
I think that at some point governments will reach a point where arrest or seizure is more trouble than it is worth.
between maintenance costs and legal costs it will be a small fortune
and in the end there is still the question of how lawful the seizure will be seen at the end oof the war in Ukraine.
considering that who is willing pay a good market price for such an ex Russian yacht,
Obviously.
Could never understand wanting to own this other than cus you can. From a business standpoint I get it but personal use makes no sense
The Supreme Court is ruled that a person live in outside United States. That is not a US citizen does not have constitutional rights in the United States.
I understand that the "policy" for lack of a better word, is to keep the motorized island in the condition it was seized in and therefore the money must be spent to maintain it. I do not, however, agree with the policy. The idea that these boats will be returned to whatever shell corporation the owners are using at the time, is ridiculous. What game these sanctions, just to make it appear to the public that the billionaires are being punished. A foolish waste of time and resources.
Headline / Title should read $7 Million Per Year (not Month).
If ol' Uncle Sam knows anything about boats, is how to recover dollah dollah bills. You can bet your shiny anchor that they will be collecting that cool $20 mill long before that boat hits its new captain.
Does this level of essential costs make sanctions based approaches to major Russian assets pointless?
Clearly they don't need a chef. 6:35 They can presumably cater local fast food or whatever every day for much less than a chef and food costs. And if they hire local crew, they can just bring their lunch from home and sleep in their own beds at home at night.
Having a chef onboard cooking is less expensive than buying food every day. I have been onboard yachts that have had no use of the galley in dry dock, and the costs are huge.
And as explained in the video, people cannot leave the yacht unattended at night because they are required for minimum safe manning.
Your headline is incorrect. More importantly, the government is wasting money. The $360,000 per month in crew salaries is ridiculous when there are no hotel guests aboard. It is three time what it should be. Docking at an area without shore power and water is financially and environmentally idiotic. As to security, the ship should be in a Naval facility so that no incremental security is needed. The Auditor General should investigate profligate spending. One can mothball a vessel and yet maintain value.
sell it or sink it!
No mechanics wtf
Ukraine is Doing
Their Part in Helping
to Build the "Daves
Jones Locker"
Fleet for the
Russian Navy.
Very much doubt it’s costing $233,000 per day !! At $7 million per month as in the description !!
He said $7 million per year. Was $600K monthly. Not sure if insurance was broken into monthly increments and averaged. The yearly insurance payment is due this month and is $1.725 million.
The description doesn’t say anything like that. What are you smoking?
@@LK-dx2oqyou might want to actually watch the video without partaking of left handed cigarettes or other substances that alter your ability to understand British English. Check around the 1:50 mark for totals.
@@TerryKeever
Well, I am not doing anything. Not smoking anything. I was doing some dishes. I was commenting on another person’s post. Who said he had in the description it cost $233,000 per day.
He didn’t say that in the description.
And why is it any of your business what I do??
I’d like to take this time to hand out my award for stupidity to “ The Team “
Ya, you know who I am talking about.
It’s really interesting to me how many people have inserted themselves into a situation that should be between 2 people!! Why do you all care so much that I figured out who he was and told him off?? What is it to you??
I’ve only been nice to him and the rest of you!! I thank you for you participation however, it’s not necessary or needed.
Thank you for messaging the FBI WILL BE CALLING!!!
@@TerryKeever
Read the description !
They could have just left it with its rightful owners.
Stating on AIS „No Israel connection“ is like walking around in Gitmo with a „No terrorist“-overall...
Mad. Ud think the US could hav used the money for social care or something useful for the people?!
why cant the US Navy put a crew on the yacht and save the money i am sure the Navy could take care of the yacht that would be a nice duty ok back to my rocket science