Luxury Yachtmaker Linked to Russian Billionaire Hits Snag
- One of Heesen Yachts’ owners is sanctioned Vagit Alekperov
- Supplier Rolls-Royce said it had to temporarily pause activity
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A Dutch luxury yachtmaker is facing supply issues after strict sanctions from Western powers targeted one of its ultimate owners, Russian billionaire Vagit Alekperov.
Some of Heesen Yachts’ business partners in the U.K., including Rolls-Royce Holdings Plc, no longer supply the company because of sanctions against Alekperov, according to Sara Gioanola, a spokeswoman for the yacht builder.