Documents show how the five yachts were leased to a company in Cyprus called Blue Ocean Yacht Management, which chartered them on to a handful of companies in the British Virgin Islands that ...
The boats were leased and managed by Blue Ocean Yacht Management, a Cyprus-based company controlled by Abramovich. This firm then rented them out to “customers”. Leaked files from Cyprus show ...
Behind the scenes, his associates were also busy. On the eve of Chelsea’s league victory in April 2005, Jonathan Holloway, director of the Cyprus-based firm Blue Ocean Yacht Management, emailed ...
Abramovich was sanctioned by the UK in 2022 Getty A 2005 memo written by Blue Ocean director Jonathan Holloway laid bare the scheme's intentions: "We want to avoid paying VAT on the purchase price of ...
Blue Ocean would, in turn, lease the boats for cruises to a set of companies also owned by Abramovich. While the scheme was under way, it is claimed that shipping data showed that the yachts were ...