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An initiative to update and amend the Republic of the Marshall Islands Yacht Code is currently in progress with the launch of the new revised edition anticipated for the second half of 2021.
The Marshall Islands Yacht Registry is one of the largest in the world. As of May 31, 2020, it included 595 yachts representing 13% by number of the 4,722 vessels listed. The yachts totalled 183,817 GT, which accounted for just 0.10% of the 175.2m GT of the total flag fleet.
The revision work is taking input from across the Registry’s global specialist teams, as well as external experts. A revised version is Continue reading “Marshall Islands Yacht Code set for revision in 2021”