#YachtCode - The UK’s Red Ensign Group (REG) of shipping registers is developing a new regulatory framework for yachts, as British Marine reports.
The rebranded Red Ensign Group Yacht Code will consolidate an updated version of the Large Yacht Code (LY3) and the latest version of the Passenger Yacht Code (PYC) to address the needs of the large yacht industry.
The Cayman Islands Shipping Registry will take the lead in the secretariat function of the code on behalf of the REG.
Highlighted in the code are the necessary steps required to adapt to the International Maritime Organisation’s (IMO) new four-yearly adoption and amendment cycle for its Conventions to which the codes form equivalences (SOLAS, Load Line & STCW).
This will make the Large Yacht Code more dynamic to industry change and development, while slowing the annual PYC editions to continue to meet the new international requirements for passenger ships.
British Marine has much more on the story HERE.