The Triton

Editor's Pick

Megayacht impounded over unpaid crew wages

ADVERTISEMENT

M/Y Indian Empress, a 312-foot (95m) Oceanco owned by Indian multimillionaire Vijay Mallya, has been impounded in Malta following allegations that the businessman failed to pay the crew more than $1 million in wages, according to news reports.

The yacht was boarded by port officials and prevented from leaving Malta on March 6. More than 40 crew have not been paid since September, when Mallya abandoned the ship, according to Malta Independent.

Nautilus International, a maritime professionals’ trade organization based in London, had the yacht arrested while it works to recover an additional $330,000 in unpaid wages and other costs on behalf the more than 40 crew. Crew back-wages vary from $6,250 to more than $92,000 per individual, according to a press release from Nautilus.

Mallya, co-owner of the Force India Formula One team, was arrested in London in 2017 over allegations he supported his F1 team with money-laundered cash. He also stands accused of fraudulently palming off losses from his now-defunct Kingfisher Airlines onto banks by taking out loans, Reuters news agency has reported.

Indian authorities are seeking his extradition to face trial in India. Mallya denies the accusations and is out on bail pending an extradition hearing scheduled in April.

M/Y Indian Empress is registered on the Isle of Man and estimated to be worth $93 million, according to Reuters. The yacht was launched in 2000 as M/Y Al Mirqab and was previously owned by the Qatari royal family.

Related Posts...
The Florida Fish and Wildlife Conservation Commission (FWC) and Gov. Read more...
The research team of yacht owner and Microsoft co-founder Paul Read more...
The U.S. Coast Guard and National Oceanic and Atmospheric Administration Read more...
A team of eight Polish sailors became the first to Read more...
Update: April 13 Captain arrested in charter guest death in Read more...

Share This Post

Leave a comment

Your email address will not be published. Required fields are marked *

Please answer the question below to leave a comment. * Time limit is exhausted. Please reload CAPTCHA.

Editor’s Picks

R/V Petrel finds another WWII ship

R/V Petrel finds another WWII ship

The research team of yacht owner and Microsoft co-founder Paul Allen has found another World War II ship. According to Allen's website, …

Crowds ride into the night at Sunrise Harbor Marina 2018

Crowds ride into the night at Sunrise Harbor Marina 2018

Yacht captains and crew and professionals from the industry mingled over food and beverages at Sunrise Harbor Marina's annual appreciation …

Captain arrested in guest death in propeller accident

Update: April 13 Captain arrested in charter guest death in propeller accident in Miami The captain of a yacht involved in a fatal …

Triton Expo No. 20 draws record crowd

Triton Expo No. 20 draws record crowd

More than 750 yacht captains, crew and industry gathered on the grounds of The Sails last night for the 20th edition of Triton Expo, a …