Changes to superyacht laws in Spain
Mar Fernández | October 28, 2014 | Reply
Superyachts, or yachts longer than 24 metres are becoming increasingly prevalent in the luxury yachting world, with high profile members of society such as Bill Gates and Roman Abramovich partaking in the trend. However, until recently under Spanish law these vessels have fallen into a grey area, with unclear rules on their licensing and regulation.
In addition, with the new SOLAS convention international ruling on recreational vessels, created a great deal of a great deal of uncertainty over rules for captaining mega yachts, or any vessel over 24 metres long. This is because it made a distinction between boats and ships, with the former being legally defined as being less than 24 metres long, with a gross tonnage (gt) of less than 3000gt. Under this system, superyachts would be classified as ships, and therefore be subject to the stricter rules governing these.
Keep on reading… Changes to superyacht laws in Spain : aBoatTime Blog.