Red Ensign Group releases updated Yacht Code for 2024
11 January 2024
The Red Ensign Group (REG) has released an updated version of its flagship Yacht Code, a comprehensive framework that establishes the benchmark for safety and design standards in the yachting industry. The new revision, representing the collective expertise gained across nearly three decades of regulatory experience since its initial publication in 1997, marks the first major update since 2019.
Developed over a two-year period in close consultation with the REG Yacht Code Industry Working Group, a broad-based forum encompassing shipyards, designers, management companies, and regulatory authorities, the revised Code incorporates substantial changes to reflect recent amendments issued by the International Maritime Organization (IMO) and accommodate current trends and innovation in yacht design.
To ensure consistent application and a level playing field across the industry, the revision provides further clarification to areas of the Code that were previously open to interpretation. While the updated document is now available, it will not come into full force until July 2024, allowing the industry ample time to familiarise itself with the new guidelines and make any necessary adjustments.
A spokesperson for the Red Ensign Group emphasised the Code's dual focus on safety and innovation:
"The REG Yacht Code is the international standard for the design, construction, and operation of these vessels. We will never compromise on safety and crew welfare and maintain the highest maritime regulatory standards. However, we do recognise that it's important to support innovation and technological developments in a rapidly changing industry."
This commitment to both safety and innovation reflects the REG's dedication to fostering a thriving and responsible superyacht sector that prioritises the well-being of seafarers and upholds the highest standards of maritime safety. The updated Yacht Code serves as a testament to the REG's commitment to ensuring the continued success of the global yachting industry.
To stay updated with the latest industry developments, be sure to sign up to our newsletter. You can also join the PYA as a member and access numerous services including our MCA and Transport Malta approved Sea Service Verification.
Yachting industry associations join forces in the Western Mediterranean
A number of leading associations have joined forces to support the yachting industry across a wide range of areas following the signing of a new comprehensive agreement in Marseille, France.
Avoiding disaster: How a yacht fire was averted at the last minute
A recent incident on a yacht could have led to a catastrophic fire but thanks to proper procedures and training, the situation was quickly dealt with by its crew and averted.
Leadership in Yachting 2024 - Webinar now available
Our recent Leadership in Yachting webinar has been released, revealing insights into industry practices and expert opinions from a host of guest speakers.