Since January 2021, the IMO III nitrogen oxides (NOx) legislation that already applies to commercial vessels has been extended to marine leisure vessels above 24m load line length, which navigate in US waters as well as the North and Baltic Seas. Providing another step towards increased sustainability in the industry, the 2021 legislation is aimed at reducing emissions. To comply, affected yachts now need to be fitted with a Selective Catalytic Reduction (SCR) after-treatment system. This has led Volvo Penta to work on an optimized solution for its yacht customers both for IPS and traditional inboard shaft installations. Continue reading “Volvo set to unveil new IMO III solution for large yachts at Cannes Yachting Festival”
We are not meeting Paris ambitions; there is a short window of opportunity to close the gap says the new energy transition outlook 2021 report executive summary published by
The lockdowns of the past 18 months or so have given us all time to think and readjust our priorities. Like never before yacht owners and potential purchasers have been giving thought to their work-life balance, the risks of travelling and where in the world can a vacation actually take place? All of this has had a knock-on effect on the market, making yacht insurers’ lives busier than expected.
