The 72.5 metre superyacht Axioma is set to be sold at auction on August 23 after she was arrested at the end of March as a result of sanctions against Russia.

She marks the first Russian-owned superyacht to be listed for sale since the economic sanctions were introduced earlier this year. It is understood that she is to be auctioned following a loan violation, which has arisen now that the yacht’s former owner has been added to the European Union’s list of sanctioned individuals.

She will be sold by the Admiralty Court in Gibraltar under an “as is, where is” private auction, with Howe Robinson handling the sale. The auction will close on the same day (subject to KYC checks) and proceeds of the sale will be awarded to the Admiralty Court.

Axioma was built in 2013 by Dunya Yachts and delivered under the name Red Square. She has proven herself to be a highly popular and versatile charter platform over the years, with a consistently booked-up calendar.

She offers accommodation for up to 12 guests in six cabins with a complement for a crew of 20. She has been meticulously maintained over the years, most recently with a full-scale refit in 2020 which gave her a bright new hull colour.

Onboard highlights include a 3D cinema room and a generous aft deck swimming pool that overlooks the swim platform. There is a second jacuzzi on the upper deck aft, alongside a good variety of shaded and non-shaded al fresco areas across her decks.

The yacht’s interiors have been crafted by legendary designer Alberto Pinto, who has given her a chic, monochromatic look that complements her volume and natural light. She features a double-height main saloon with a mezzanine area and a private owner’s deck with a skylight.

She is powered by twin Caterpillar engines which give her a top speed of 18 knots and is ABS-classed.

Lying in Gibraltar, Axioma is being sold without a reserve price.