Bulletin 305 : Large Commercial Yachts “LY3” Code Rev.1.0

Bulletins

Bulletin 305 : Large Commercial Yachts “LY3” Code Rev.1.0

 
Large Commercial Yacht Standards ‘LY3’ Code

Guidance for Yacht Owners and Managers

Further to Bulletin 209, BMSR has been operating in compliance with the Large Yacht Code “LY2”, drawn up by the UK Maritime & Coastguard Agency (MCA) and applicable to large commercial yachts over 24 metres load line length and under 3000 grt.

The Large Commercial Yacht Code ‘LY3’ has been developed, by the Red Ensign Group, to enable luxury yachts to operate under an alternative set of requirements given the nature of their use. The Code applies to yachts which are 24 metres and over in load line length, are in commercial use for sport or pleasure, do not carry cargo and do not carry more than 12 passengers. While appropriate legislation is being approved by the Barbados Government, BMSR on a case by case basis will be approving the use of this code.

Owners of any planned new-buildings, however, should apply the LY3 Code to those new-buildings as will be done by any classification society that may oversee the building.

Privately Operated Yachts

A privately operated yacht, operated without any commercial charter hire whatsoever, will not need to comply with any Barbados legislation with respect to the LY3 Code, manning or operations. The BMSR policy however is to strongly recommend that private yachts comply with the LY3 Code. The reason for this recommendation is essentially to provide greater safety, by virtue of the construction, equipment, operations and manning requirements of the LY3 Code.

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