Update to RMI Yacht Code under development
An update to the Republic of the Marshall Islands Yacht Code is scheduled for the first half of 2021…
According to the Republic of the Marshall Islands (RMI) work is underway to update the RMI Yacht Code. Taking input from across the registry’s specialist teams, as well as external experts, a revised version of the code is expected to be ready in the first half of 2021.
“We hope that these amendments to the Code will make it more practical than ever before for owners and yards to choose the Marshall Islands as a building standard,” comments Marc Verburg, fleet operations manager yachts for International Registries, Inc. and its affiliates (IRI), who is leading the code revision.
The newly formed Yacht Technical Working Group (YTWG), which includes representatives from Classification Societies, yacht mangers, naval architects, surveyors, maritime safety consultants, and aviation experts is focussed on updated the code to reflect changes in today’s yacht market, such as helicopter landing areas, structural fire protection measures for yachts under 500gt, and lifesaving appliances.
According to the RMI team, the growing trend for helidecks on larger superyachts means that the approach to firefighting systems is in need of a review. Currently, the applied firefighting rules are based on the United Kingdom Civil Aviation Authority’s CAP 437 guidance, which is intended for offshore platforms. As such, this standard has not always been a practical solution for yachts, and so a goal-based standard is currently being developed and reviewed.
“The pop-up deck spray nozzles found on rig helipad firefighting systems are not always feasible on a yacht, so we’re looking at alternative means that can perform the task just as well,” explains Verburg.
“Although we are not the largest yacht registry by size, we focus our attention on quality and our ability to provide a 24/7 problem solving service,” says Patrick Bachofner, director of IRI’s Geneva office and worldwide director of Yachts.
According to the team, the appeal of RMI lies in the differentiations in the standards for yachts capable of carrying more than 12 guests. Large private yachts do not have to be built to the same specifications as are provided in the Code, Chapter III for passenger yachts. The RMI allows, through its national legislation and the Code, the registration of commercial yachts, private yachts, private yachts limited charter (PYLCs), and passenger yachts (PAXYs). It also allows for RMI-flagged private yachts to charter in French and Monégasque waters without the need for commercial registration by requesting a Temporary Certificate of Registry for Yacht Engaged in Trade.
Profile links
Marshall Islands Yacht Registry (International Registries, Inc.)
NEW: Sign up for SuperyachtNewsweek!
Get the latest weekly news, in-depth reports, intelligence, and strategic insights, delivered directly from The Superyacht Group's editors and market analysts.
Stay at the forefront of the superyacht industry with SuperyachtNewsweek
Click here to become part of The Superyacht Group community, and join us in our mission to make this industry accessible to all, and prosperous for the long-term. We are offering access to the superyacht industry’s most comprehensive and longstanding archive of business-critical information, as well as a comprehensive, real-time superyacht fleet database, for just £10 per month, because we are One Industry with One Mission. Sign up here.
Related news
Changing the perception of yacht agents
Evolution Yachting has launched a transparent new pricing model for its agency services in the Mediterranean
Business
It starts with a dream
Filippo Rossi explores the LYNX YACHTS philosophy and new build process
Business
Italian authorities provide details on VAT proofing
The Italian Tax Authority confirms the proof required on effective sailing outside the European Union
Business
Brazilian shipyard INACE launches new superyacht division
Indústria Naval do Ceará is scheduled to launch the first of its new superyachts in February 2021
Fleet
Sanlorenzo delivers fourth 52Steel
The Italian shipyard in La Spezia delivers 'Lady Lena' without any delays despite the ongoing global situation
Fleet
Related news
Changing the perception of yacht agents
4 years ago
It starts with a dream
4 years ago
Sanlorenzo delivers fourth 52Steel
4 years ago
NEW: Sign up for
SuperyachtNewsweek!
Get the latest weekly news, in-depth reports, intelligence, and strategic insights, delivered directly from The Superyacht Group's editors and market analysts.
Stay at the forefront of the superyacht industry with SuperyachtNewsweek