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.
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