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Malta Flag: Introduction Of A Small Commercial Yacht Code

Insights

22/03/2024

Author: Mr. Joseph Fenech
Published: 22nd March 2024
Maritime Unit

Following extensive consultation with various industry stake holders, including yacht builders, yacht owners, yacht repair yards, specialised service providers, manufacturers, Recognised Organisations, Appointed Government Surveyors, yacht management companies and maritime associations, the Merchant Shipping Directorate has developed the “Small Commercial Yacht Code” (sCYC).

This tailormade Code, dedicated to Small Commercial Yachts, is an acknowledgment to the importance being given to the < 24metres length commercial yacht segment.

The sCYC will better serve the needs of the yachting industry as it aims to optimise the regulatory regime to the particular needs, demands and technologies of this market, in conformity with safety and international regulations and standards.

This new code is applicable to all commercial yachts < 24m Length and is effective as from the 1st April 2024.

Existing commercial yachts < 24m Length, already certified in accordance with the Commercial Yacht Code, shall comply with the requirements of the sCYC by not later than the yacht’s first renewal survey carried out after the 1st June 2024.

Documentation links:

 

The information provided in this Insight does not, and is not intended to, constitute legal advice. All information, content, and materials available are for general informational purposes only. This Insight may not constitute the most up-to-date legal information and you are advised to seek updated advice.

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