Private Yacht – Passenger Yacht Code Compliance
The introduction of the Passenger Yacht Code (PYC) by the Red Ensign Group (REG) was a great step forward for the industry: finally removing the 12 passenger limit; aligning the safety and survivability of the yacht with passenger ship regulations; and allowing owners to maximise the potential of their investment. Today there are a number […]
Commercial vs. Private – Yacht Insurance
I enjoyed the various workshops I attended at the Global Superyacht Forum 2015 and the interaction and discussions with my industry colleagues. One particular comment during the (Over) Regulation workshop caused me to reflect upon its implication. A major yacht insurance company made a statement that they saw little difference between the number of claims lodged by ‘private’ […]
Private Yachts Carrying >12 PAX – Clarity Required
Owners, operators, captains and crew working on, ‘pleasure yachts not engaged in trade’ (private) are somewhat fortunate in that they do not to have to comply with much of the maritime legislation in force today, such as SOLAS, MLC, STCW, or even the Large Yacht Code. There are some exceptions to this, such as the Passenger Yacht Code […]
Cracking the Code – PYC 13-36 Follow Up
It’s almost a year since I wrote the article in The Superyacht Report Issue 158 (a copy can be found on my Linkedin Profile page or via this link http://www.slideshare.net/MalcolmJacotine/tsr-issue-158-cracking-the-code) and since that time there have been a number of yachts launched built to the Passenger Yacht Code (PYC) and according to some sources there are […]
