A new code for tomorrow's industry
Next week, The Red Ensign Group (REG) Yacht Code will be presented at The Superyacht Forum in Amsterdam. This new code looks to build upon the lessons learned from large yacht regulation ever since the first Large Yacht Code (LYC) was released back in 1997. The main purpose of the new code is to consolidate the existing codes into a single entity and update them to meet the latest international requirements and needs of the large yacht industry.
The Red Ensign Group have produced a combined code which includes updated versions of the LYC and the Passenger Yacht Code (PYC), as well as new common annexes. The working groups involved key players within the industry to help develop the regulatory framework. The new code is a response to the latest changes in the industry and will allow a dynamic approach for future development as well as promoting innovation by supporting alternative design and arrangements. However, the code also sticks to its roots, thus enabling builders and designers to work within a familiar format and with the addition of common annexes more alignment between the LYC and PYC is achieved.
Alex Meredith-Hardy, senior naval architect at BMT Nigel Gee, comments “The new REG Code is a decisive step forward for the Superyacht Industry and will become the new benchmark for the expected standard of design, build and operation of large yachts. It is a testament to the industry, and particularly the companies involved in the working groups, as to what can be achieved when working together for a common goal; to allow more flexibility but with no compromise to safety.”
With senior naval architects involved in much of the development of these new codes, as part of the working groups, BMT is looking forward to the discussions that will arise within the industry as a result of the launch at The Superyacht Forum.