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Yachts

Making it Easy to Register a Small Yacht

Focused on simplifying the registration procedures for yachts under 24 meters (m), the RMI has made changes to the under 24m program. The application is now a single, streamlined form that also contains the Declaration of Private Use—Not for Hire. This Continue reading...

Strategy for Growth

Patrick Bachofner, who heads IRI’s Yacht Team, discusses the Registry’s growth strategy In a short time, RMI has built a reputation as a first-class registry for large and small yachts. We are not looking to be the world’s largest yacht registry, Continue reading...

Marshall Islands on the European Union (EU) White List

It is critical that yacht owners ensure that their asset is registered with a quality flag, and that their chosen flag demonstrates compliance with the highest industry standards. Choice of flag affects the ability to secure a mortgage on the asset and Continue reading...

Yards Calling

Despite the global economic downturn due to COVID-19, yacht construction continues, and the Marshall Islands Registry is receiving weekly yard inquiries about new projects. There is a steady increase of yachts being built to the RMI Code standard, Continue reading...

Updates to the Yacht Code Underway

Work is currently underway to update and amend the Republic of the Marshall Islands (RMI) Yacht Code (the “Code”). Taking input from across the Registry’s global specialist teams, as well as external experts, a revised version is expected to be Continue reading...

Monaco Yacht Show: the world’s most important yacht show

The annual Monaco Yacht Show is unparalleled in both luxury and importance among the global yachting community. With more than 44 new launches, 125 extraordinary one-off superyachts on display worth more than EUR 4 billion combined, and 30,000 visitors Continue reading...

Marshall Islands Flagged Giga Yacht FB275 Christened in Italy

In a yard in the Italian coastal town of Livorno, a yacht has been christened and now joins the yachting world’s most exclusive club: the “giga” class. The FB275 is 108 meters (m), built by renowned Italian luxury yacht builder Benetti, was unveiled Continue reading...

IRI/The Marshall Islands Registry hosts Kiev Seminar on RMI Associations Law and Yacht Code

IRI/The Marshall Islands Registry organized a successful seminar in November at the Fairmont Grand Hotel in Kiev, Ukraine to discuss the RMI Associations Law and the RMI Yacht Code. This seminar was a unique event for the Ukrainian market and attracted Continue reading...

Building And Flagging ARTEFACT

Something very special will soon be floating out of Nobiskrug. The north German shipyard, famous for groundbreaking superyachts including SAILING YACHT A and ODESSA II, is building a breathtaking yacht designed to push the boundaries of what is possible Continue reading...

Making A Splash At The Monaco Yacht Show 2018

One of the biggest events on the yachting calendar is the annual Monaco Yacht Show, with 30,000 buyers, industry professionals, and yachting enthusiasts gathering to do business and admire some of the world’s biggest and most beautiful yachts. This Continue reading...

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