Revised Red Ensign Group Yacht Code published today
The Red Ensign Group have unveiled the latest version of their Large Yacht Code, commonly known as the "REG Code." This release outlines the guidelines for the construction and operation of commercially operated yachts exceeding 24 metres in Load Line length.
The Red Ensign Group serves as the collaborative working body for the shipping registries, which include the British Register of Ships. This includes the United Kingdom, the Crown Dependencies (Isle of Man, Guernsey, and Jersey), and eight UK Overseas Territories (such as the British Virgin Islands and Cayman Islands).
Any vessel registered in the UK, a Crown Dependency, or UK Overseas Territory is a "British ship" and is entitled to display the Red Ensign flag. This flag holds international prominence among large yachts due to its esteemed quality, prestige, and worldwide acceptance. Approximately 80% of the global large yacht fleet is estimated to fly the British flag.
The REG Code establishes safety standards aligned with relevant International Conventions or equivalent standards when direct compliance is unreasonable or impractical for yachts. It operates as an equivalence under the provisions of Article 8 of the International Convention on Load Lines, 1966, Regulation I-5 of the International Convention on Safety of Life at Sea, and Article 9 of the International Convention on Standards of Training Certification and Watchkeeping for Seafarers 1978, as amended.
The development of the REG Code acknowledges that full compliance with applicable International Conventions can be unreasonable and disproportionately burdensome for yachts operating under conditions vastly different from typical commercial ships. Building upon established industry standards, the REG Code integrates lessons learned from years of regulating the large yacht sector since the initial publication of the Large Yacht Code by the Maritime and Coastguard Agency (MCA) in 1997.
While the Code is released today, it will not be enforced until July 2024, allowing the yachting industry sufficient time to familiarise itself with the content.
A spokesperson from the Red Ensign Group stated, "The REG Yacht Code sets the international standard for the design, construction, and operation of these vessels. We prioritise safety and crew welfare, upholding the highest maritime regulatory standards. Nevertheless, we recognise the importance of supporting innovation and technological advancements in this rapidly evolving industry."
This latest code represents the first significant revision since 2019 and has been developed over a two-year period in consultation with the REG Yacht Code Industry Working Group. This group includes stakeholders such as shipyards, designers, management companies, and regulatory authorities.
Substantive changes have been incorporated to align with recent regulatory amendments from the IMO and accommodate evolving trends and innovations in yacht design. Additionally, significant amendments aim to provide clarity to areas of the Code previously open to interpretation, ensuring consistent application and establishing a level playing field for the industry.
The REG Code is structured into two parts (A & B) along with a set of common annexes. Links can be found below:
Part A is an updated version of the Large Yacht Code, applicable to yachts over 24 metres in load line length, engaged in commercial use for sport or pleasure, and not carrying cargo or more than 12 passengers.
Part A REG Red Ensign Group Yacht Code
Part B is an updated version of the Passenger Yacht Code applicable to pleasure yachts of any size, in private use or engaged in trade, which carry more than 12 but not more than 36 passengers and do not carry cargo.
Part B REG Red Ensign Group Yacht Code
The annexes include sections for areas that are common to both Part A and Part B.
Annexes REG Red Ensign Group Yacht Code
To discuss the key changes that affect registered vessels under the code, give us a call at Dextra Marine on +34 608157300.