RMI Yacht Code 2021
The RMI Yacht Code (“MI-103” or the “Code”) was first published in 2013. The RMI Yacht Code 2021, as amended through August 2023, is the most significant update to the Code since 2013. The RMI Maritime Administrator revised the Code reflect changes in today’s yacht market, not only in terms of the increasing size and complexity of yachts being designed and built, but also to cover recent industry developments.
The Code provides a commonsense and practical approach to evolving safety and technical issues while being supported by a strong worldwide yacht technical group.
The RMI allows, through its national legislation and the Code, the registration of commercial yachts, private yachts, and passenger yachts (PAXYs). It also allows for RMI flagged private yachts to obtain a compliance certificate for temporary or limited charters (yacht engaged in trade (YET) / private yacht limited charter (PYLC)). The Code, in conjunction with the relevant international conventions to which the RMI is a party, sets the standards and substantial equivalencies for safety, security, pollution prevention, and seafarer accommodations appropriate to the size of the yacht, taking into consideration instances where it is not reasonable or practicable to comply fully with international conventions.
All yachts to which the Code applies must be annually inspected by an Appointed Representative or Classification Society as applicable, to verify compliance with the Code. The RMI Yacht Compliance Requirements (MI-103A) provide additional guidance on national and international compliance requirements for commercial yachts, private yachts, PAXYs, YETs, and PYLCs.