As Superyachts’ Popularity Grows, So Is Their Supersized Climate Impact
The title is taken from a recent Bloomberg article from Jessica Nix to whom I provided some background information, so I thought I should respond to some of the issues raised by this piece. The yachting industry offers significant economic and experiential benefits, but in the face of a climate emergency, were the IPCC state […]
Superyacht Carbon Tax
There has been some confusion in the superyacht industry over the application of the EU Monitoring Reporting and Verification (MRV) and the Emissions Trading System (ETS). The response I received from the Commision is that it applies to yachts, provided they are 5000 GT and above, and are transporting passengers for commercial purposes (charter) and […]
The Future Of Yachting Is In Our Hands!
Calm once again settles on the beautiful Yacht Club de Monaco after Monaco Oceans Week. For me it was a very useful and informative two days attending the 12th Environmental Symposium, 27th Captains Forum, 3rd Explorer Yachts Awards, and Monaco Smart Yacht Rendezvous. As always, there were some very interesting presentations and inspirational speakers, and […]
Electronic Anchoring vs. Dynamic Positioning, What’s The Difference?
I was prompted to write this after I saw a recent press release stating a new 80m+ superyacht project had “electronic anchoring to protect sensitive areas”. This is not the first time I have seen this kind of announcement and it got me thinking about these systems – what is “electronic anchoring” how are they […]
It’s Only Water! – Ballast Water and Superyachts
As we are getting ever closer to the Ballast Water Convention entering into force, requiring only 0.13% of World tonnage to tip the scales, I thought it timely to update and re-post this article that highlights some of the challenges for superyachts. Introduction To prevent the translocation of invasive aquatic species (IAS) via ships water ballast […]