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A Russian billionaire's £360 million superyacht has been impounded after the shipbuilder said it was still owed millions in fees, it has emerged.

The futuristic vessel is now being kept in Gibraltar after shipbuilders Nobiskrug said Andrey Melnichenko still owed it more than £13million.

The 468ft-long superyacht, which was has three 300ft masts that are taller than Big Ben's tower, was named 'Sailing Yacht A' by Mr Melnichenko, who was originally due to have received his prized possession in the spring.

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