New group collaboration announced to help improve the industry’s safety and environmental impact…
During the Monaco Yacht Show, leading global classification societies DNV, Lloyd’s Register (LR), RINA, Bureau Veritas (BV) and ABS announced the establishment of the Yacht Safety and Environmental Consortium (YSEC). The consortium aims to drive better safety and environmental performance of yachts over 24 metres in length by utilising its members’ collective expertise to support the industry tackling these challenges during yacht design and operation by best practices, and advising on industry standards and fostering collaboration. Engel-Jan de Boer, global yacht segment director, Lloyd’s Register, hopes “By working together, we can set new benchmarks and ensure best practice across the industry”.
This is particularly needed as yachts are not covered by the International Association of Classification Societies, unlike other maritime vessels. Also, many of these societies have been individually working to progress these issues such as endorsing different environmentally focused initiatives and indices, as well as creating relevant Class notations.