Industry update

With 2023 drawing to a close, we are delighted to present the latest edition of Comprehensively Yachts. In this edition, we discuss the impact of Russian sanctions on the yachting industry.¬†Next, our marine insurance specialists consider whether the widely used American Yacht Form R12 is still fit for purpose or whether the time is right for the marine insurance industry to move on to a bespoke wording. Our admiralty team explore the law behind a yacht’s AIS transmission and how you might achieve ex- directory status, as the temptation to turn this feature off to ensure the privacy of your charter is ever growing given the risked poses by the development of smart phone technology. Our Paris office reports on a recent land-mark conviction of the captain of a 26 meter yacht by the Maritime Court of Marseille following his repeated anchoring in protected posidonia meadows and the threat such conviction has for the wider yachting industry. Finally, we round out this edition with a long read on Cyber Security, the increasing regulation around it and the growing need to take it seriously.