Radio Equipment
Republic of the Marshall Islands Updates its Yacht Code
The Republic of the Marshall Islands (RMI) Yacht Code (the “Code”) has been updated and amended making it more pragmatic than ever for modern and innovative owners and shipyards to choose the RMI as a building standard. The Code was first published in 2013 and this is the most significant update to the Code since then. The 2021 Code revisions incorporate all previously issued supplements as well as additional technical and safety updates to address the building requirements of…
Lloyd's Register Statutory Alert: LY3 Entry Into Force
The third edition of the Large Commercial Yacht Code (LY3) entered into force on August 20, 2013, when the ILO Maritime Labour Convention (MLC, 2006) was introduced. LY3 applies to yachts which are 24 meters and over in load line length, are in commercial use for sport or pleasure, do not carry cargo and do not carry more than 12 passengers. For the most part, the Code applies to new yachts constructed (having their keels laid) on or after August 20, 2013. However, there are some retrospective requirements for existing yachts surveyed against the previous versions of the Code – LY1 and LY2.
