A $500 million superyacht linked with Russia’s richest man was just able to pass through the blockaded Strait of Hormuz
The Nord, a $500 million superyacht linked to Russian billionaire Alexei Mordashov, successfully navigated the blockaded Strait of Hormuz. This passage occurred despite the ongoing conflict in Iran, which has severely restricted maritime traffic in the region. The yacht's journey highlights the complex geopolitical dynamics involving Russia and Iran amidst the war's impact on global oil supply chains.
- ▪The Nord is the 12th largest superyacht in the world and is valued at about $500 million.
- ▪Since the onset of the war in Iran, traffic in the Strait of Hormuz has drastically decreased from over 150 vessels daily to fewer than 25.
- ▪Alexei Mordashov, the yacht's owner, is under sanctions from the U.S. and EU due to his ties with the Russian government.
5 outlets in our directory ran this story, first to last over 15 hours. Coverage spans 3 points on the political spectrum — 1 lean left, 2 centre, 1 lean right.
- ▪ Russian Superyacht Sails Through Strait of Hormuz — Newsweek
- ▪ Russian superyacht sails through Strait of Hormuz despite blockade — BBC News
- ▪ A $500 million Russian superyacht managed to sail through the blockaded Strait of Hormuz — Business Insider
- ▪ Putin ally’s $500 million Russian superyacht sails through Hormuz despite US blockade: Report — Times of India — Top
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| Original publisher | Fortune |
| Canonical URL | https://fortune.com/2026/04/28/500-million-superyacht-linked-with-russia-richest-man-alexei-mordashov-strait-of-hormuz/ |
| Publication time | Tue, 28 Apr 2026 18:09:25 +0000 |
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Opening excerpt (first ~120 words) tap to expand
Though the Strait of Hormuz has been effectively closed as the war in Iran enters its ninth week, that hasn’t stopped one of the world’s largest luxury superyachts from gaining passage through the chokepoint.Recommended Video The Nord, a 464-foot vessel tied to Russian businessman Alexei Mordashov, left Port Rashid in Dubai on Friday and sailed through the Hormuz Strait over the weekend before it was anchored in Oman on Sunday, according to data from maritime traffic tracking databases VesselFinder and Kpler. The ship is associated with Mordashov, a Russian billionaire and owner of steel magnate Severstal, with shipping records showing Mordashov’s wife Marina Mordashova, owning the vessel for a brief window in 2022.
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