The court refused to change the preventive measure for Sergei Turkmenyan.

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The Court of Appeal rejected the appeal of the general director of SVS Shipping, which organized the Seabridge ferry voyage from Trabzon to Sochi at the end of last year, to extend his detention.

As reported by the "Caucasian Knot", in early February it became known that Sergey Turkmenyan, the general director of SVS Shipping, which organized the Seabridge ferry voyages from Trabzon, Turkey, to Sochi at the end of 2025, is in custody on charges of The diversion of funds into the shadow economy.

The ferry from Trabzon with 20 passengers departed on November 5th, intending to disembark the passengers at the port of Sochi on the morning of November 6th. The ferry spent 24 hours in the outer roads, after which the vessel was inspected, and representatives of the company "SVS Shipping," which services the routes, intended to disembark the passengers and depart on the evening of November 7th. On November 9th, the ferry was forced to return to Turkey. On November 11th, 2025, Krasnodar Krai Governor Veniamin Kondratyev, commenting on the refusal to allow the Seabridge ferry from Trabzon to the port of Sochi, stated that the infrastructure was not ready to receive cargo-passenger vessels. On December 19, Rosmorrechflot closed the Lider Line ferry service between Trabzon and Sochi at Kondratyev's request.

On February 24, the Krasnodar Regional Court rejected the appeal against the arrest of SVS Shipping director Sergei Turkmenyan, who is accused of financial fraud. The businessman's defense requested that the pretrial detention be lifted, but the court denied the motion, RBC reported on February 24.

The case file indicates that Turkmenyan's defense appeal for an extension of his pretrial detention was submitted to the judge on February 17. "The court decision has been upheld," the card states.

Ferry service between Sochi and Trabzon operated from 1993 to 2011 and was interrupted during the port's reconstruction for the 2014 Olympics. Attempts to resume services have been made since 2023, but the deadlines were constantly postponed due to political and sanitary restrictions, Sergey Turkmenyan told the Caucasian Knot earlier.

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Source: https://www.kavkaz-uzel.eu/articles/421098