Making forward progress in Yachting
In 2022, the INSB Class Yacht classification and certification program marked progressive advancements within the yachting industry, allowing for the addition of yachts with improved lineage to our yachting register.
With the improvement of the yachting industry as an entire sector, our corporate safety record and the increased involvement of INSB Class yacht experts in key yachting markets contributed to the expansion of our yachting activities.On a similar trend as in 2021, the majority of yachts entering INSB Class were commercial yachts engaged in trade, with a few private yachts opting voluntarily for classification.
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Increasing visibility and co-operation with Flag States
Expanding its RO recognition and solutions for its yachting clientele, INSB Class received in 2022, two (2) additional Flag Authorisations from international ship registries with a strong yachting orientation.
Notable Yacht Additions in 2022
SORRENTO
| Commercial Yacht | |
| Service | PEXEPA |
| GT | 1026 |
| Built | 2010 |
| Length | 62mts |
| Flag | Marshall Islands |
Photo credits: Nikos Souvatzis | MarineTraffic.com
TIMBUKTU
| Commercial Yacht | |
| Service | Classification & Statutory |
| GT | 399 |
| Built | 2009 |
| Length | 41,66mts |
| Flag | Greek |
Photo credits: //iyc.com
SEABISCUIT L
| Sail Boat/Commercial | |
| Service | Statutory |
| GT | 110 |
| Built | 2019 |
| Length | 42mts |
| Flag | Greek |
Photo credits: //www.yachtcharterfleet.com
MILAYA
| Pleasure Yacht | |
| Service | Classification |
| GT | 250 |
| Built | 2008 |
| Length | 28mts |
| Flag | Belize |
Photo credits: Frank Behrends | VesselTracker.com
Yachting Trends 2023. Emergent advanced technologies.
As sustainability remains an important trend, the yachting industry, has embarked to embrace solutions and practices that are eco-friendly and energy efficient, both for products and services in the quest for reducing operational environmental impacts.
Some of these include:
GREEN YACHTING
The yachting industry is expected to see a rise in eco-friendly yachts, increased focus on wellness and higher demand for customized experiences and itineraries. A shift towards sustainable and more environmentally responsible practices, including the use of eco-friendly materials and decreased waste production, are constantly trending.
COMFORT & CRUISING
The incorporation of advanced new generation stabilizers, is also expected to play a significant role in enhancing the overall yachting experience. As stabilizer technology continues to evolve, new generation of active stabilization systems not only aim to improve on board comfort, capable of dealing with larger swell, but also to assist with decrease in fuel consumption.
SMARTER & CONNECTED
The placement of fire, smoke, heat, gas, and flame detectors connected to artificial intelligence is an emerging trend that aims to improve cruise ship safety. Utilization of diverse intelligent devices, including engineering sensors, smart indicators, and yacht-wide artificial intelligence (A.I.), to safeguard and monitor critically important onboard equipment.
ENERGY & PROPULSION
Apart from newer fuel options such as LNG, methanol or even hydrogen, the yachting industry is also viewing combined propulsion means by use of batteries and renewables energy sources such as solar panels as enabler of reducing carbon emissions and lower fuelling costs.
