Industry players have linked the lack of available berths to an inflow of vessels following Western sanctions The Russian Black Sea resort of Sochi is facing a shortage of berths for yachts, business daily RBK reported on Thursday. Representatives of yacht clubs in Sochi, a former Olympic host city, said they had run out of spaces for vessels until at least the end of the summer, with over 90% of marinas already fully occupied. Among the reasons cited were an inflow of luxury boats from the EU due to sanctions and a lack of relevant infrastructure in Russia. “We’re facing 95% occupancy. There are spots [for ya
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