The vessel is probably affiliated with russian president putin and was presented to him by russian businessman and politician R. Abramovich in 2005. The vessel is one of the hundred largest yachts in the world. The estimated cost of the 57-metre yacht is $50 million. Designed and built in 2002, the yacht was assembled at the Feadship shipyard in Netherlands - De Vries Aalsmeer. Olympia has a speed of 16 knots and a range of 8,000 km.