Commercial Yacht FAQ
A Code of Practice, first issued and accepted for application on commercial yachts in 1997 as an equivalent arrangement to the requirements of SOLAS, the International Load Line Convention and the STCW Convention. IMO Circular SLS.14/Circ.523 dated 16 September 2013 confirmed acceptance of the latest version (LY3) internationally.
When the yacht is certified as compliant with the Code, as directed by the flag administration, and whether or not it is operating commercially.
Yes. You may wish to contact us to discuss what we can do for a ‘Pleasure Yacht Plus’. Many owners will build to the Code or bring their yachts into the Code, for a number of reasons, including the peace of mind of knowing their yacht complies with an internationally recognised safety standard. Other reasons include vessel resale value maximisation and risk mitigation.
Certification applicable to yachts can be found here.
A LYC certificate remains valid for a maximum of 5 years provided annual inspections are carried out.
Annual inspections must be carried out within 3 months either side of the certificate’s anniversary date otherwise the certificate becomes invalid.
Yes. The yacht must be so registered, issued with a valid LYC certificate, and manned in accordance with its Minimum Safe Manning Document.
Yes. However, a yacht can only be issued with one Certificate of Registry at any one time. The Certificate of Registry which is not in current use must be returned to the Isle of Man Ship Registry. It can be re-issued on application.
Yes. MARPOL applies to all vessels, commercial and pleasure.
Yes. The International Regulations for Preventing Collisions at Sea (COLREGs) prescribe safety measures for visibility, navigation and sound signalling to ensure safe navigation for all users of the world’s oceans.