Russian tycoon’s superyacht reappears, heading for S. Korea

SEOUL (Bloomberg): The US$500 million Nord superyacht owned by Russian tycoon Alexey Mordashov reappeared after about eight months in the dark, having evaded capture by the US and its allies. It is headed to Busan in South Korea.

The 465-foot (142-metre) vessel began transmitting its location again on June 12 in the Indian Ocean, near the coast of Indonesia, after ceasing to broadcast its whereabouts last year en route to Cape Town in South Africa.