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  • Antigua gov’t paying more than $122K a month to maintain Russian billionaire Andrey Guryev’s seized $120M Alfa Nero superyacht

Antigua gov’t paying more than $122K a month to maintain Russian billionaire Andrey Guryev’s seized $120M Alfa Nero superyacht

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(Luxury Launches) — Superyachts are treasured possessions; until they get sanctioned and become a burden so beautiful you have little choice but to maintain it. That’s precisely the case with Russian billionaire Andrew Guryev’s $120 million superyacht Alfa Nero.

After being moored and motionless in Falmouth Harbour for over a year, Alfa Nero costs the government a hefty $112,000 monthly in maintenance. The seized 267 feet long vessel with only a captain and a skeleton crew onboard for care was also recently boarded by the Antiguan military.

For a minute there, it did feel like they would finally be free of the floating palace and its long list of expenses, which does not include fuel charges.

Alfa Nero docked in Antigua.Via Charterworld

The Antiguan Defense Force took over the luxury vessel and expedited its sale process. There was a lot of interest expressed 279-foot Alfa Nero is not in distress but in demand! Port Manager Darwin Telemaque shared that he receives several offers for the Alfa Nero yacht as the auction draws closer. So far, more than 20 possible buyers have offered to buy the elegant Oceanco beauty.

The swimming pool.Via Charterworld

The FBI fervently captured Alfa Nero –

Among the few superyachts that became the FBI’s target was tycoon Andrey Guryev’s Alfa Nero. Another was the spectacular Tango yacht belonging to sanctioned Russian billionaire Viktor Vekselberg.

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Billionaire Guryev duo, both father and son, tried every trick to save their 269-foot steel and aluminum superyacht; but the FBI is not known for their misses. The Oceanco superyacht was seized in February 2022 and is since been moored in Falmouth Harbour.

Master Cabin on the Alfa Nero.Via Charterworld

Since then, it has been bleeding the nation dry. The Information Minister, Melford Nicholas, said the Alfa Nero was “abandoned” in Antigua and Barbuda by its owner. He further stated the Government’s move is only trying to deter damage to the luxurious $120 million vessel by auctioning it. Steadroy Benjamin, Minister of Justice and attorney general of Antigua and Barbuda, declared the vessel “a hazard to shipping and to the harbor where it is moored.”

One of the guest cabins on Alfa Nero.Via Charterworld
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REQUEST FOR EXPRESSIONS OF INTEREST

(CONSULTING SERVICES – INDIVIDUAL SELECTION)

 

OECS MSME Guarantee Facility Project

Loan No.: IDA-62670, IDA-62660, IDA-62640, IBRD-88830, IDA-62650

Assignment Title: Senior Operating Officer (SOO)

Reference No. KN-ECPCGC-207852-CS-INDV

 

The Governments of Antigua and Barbuda, Commonwealth of Dominica, Grenada, St. Lucia and St. Vincent and the Grenadines have received financing in the amount of US$10 million equivalent from the World Bank towards the cost of establishing a partial credit guarantee scheme, and they intend to apply part of the proceeds to payments for goods, and consulting services to be procured under this project. 

The consultant will serve as the “Senior Operating Officer (SOO)” for the ECPCGC and should possess extensive knowledge of MSME lending with some direct experience lending to Micro, small and medium-sized businesses, knowledge of the internal control processes necessary for a lending operation and the ability to design and implement risk mitigation procedures. The ideal candidate should possess an Undergraduate Degree from a reputable college or university, preferably in Business, Accounting, Banking or related field, with a minimum of 5 years’ experience in lending, inclusive of MSME lending. The initial employment period will be for two years on a contractual basis. Renewal of the contract will be subject to a performance evaluation at the end of the contractual period. The assignment is expected to begin on September 30th, 2021.  The consultant will report directly to the Chief Executive Officer of the ECPCGC.

The detailed Terms of Reference (TOR) for the assignment can be viewed by following the attached link below. 

 

https://bit.ly/3iVannm

 

The Eastern Caribbean Partial Credit Guarantee Corporation (ECPCGC) now invites eligible “Consultants” to indicate their interest in providing the Services. Interested Consultants should provide information demonstrating that they have:

  • An Undergraduate Degree from a reputable college or university, preferably in Business, Finance, Banking or related field; and
  • Minimum of 5 years’ experience in MSME lending. Applicants should also have:
  • The ability to design and implement risk management procedures 
  • Extensive knowledge of MSME lending with some direct experience lending to small and medium-sized businesses
  • Extensive knowledge of MSME banking operations
  • Knowledge of the internal controls necessary for a lending operation and the ability to design and implement risk management procedures
  • Experience developing and presenting information in public, including responding to questions in real-time
  • Experience lending to MSMEs located in the ECCU
  • Knowledge of marketing and communicating with the MSME sector
  • Ability to draft procedures to be used in a lending operation
  • Familiarity with the mechanics of a loan guarantee program
  • Exceptional written, oral, interpersonal, and presentation skills, and
  • Proficiency in the use of Microsoft Office suite.

The attention of interested Individual Consultants is drawn to Section III, Paragraphs 3.14, 3.16, and 3.17 of the World Bank’s Procurement Regulations for IPF Borrowers July 2016, [revised November 2017] (“Procurement Regulations”), setting forth the World Bank’s policy on conflict of interest. A Consultant will be selected in accordance with the Approved Selection Method for Individual Consultants set out in the clause 7.34 of the World Bank Procurement Regulations for IPF Borrowers. 

 

Further information can be obtained at the address below during office hours 0800 to 1700 hours:

Eastern Caribbean Partial Credit Guarantee Corporation

Brid Rock, Basseterre,

St. Kitts.

Expressions of interest must be delivered in a written form by e-mail by August 11th, 2021, to [email protected]

 

For further information, please contact:

Carmen Gomez-Trigg                                                            Bernard Thomas

Chief Executive Officer                                                          Chief Financial Officer

Tel: 868-620-8144                                                                  Tel: 869-765-2385

Email: [email protected]                                          [email protected]