The law of yachts and yachting

Lorenzon, Filippo and Coles, Richard (eds.) (2012) The law of yachts and yachting (Maritime Transport Library), Zug, CH. Informa

Abstract

The past 20 years has seen steady growth in the numbers and size of pleasure yachts and other leisure craft coupled with an explosion in the numbers of professionally crewed superyachts and megayachts, many of which are operated on a commercial basis for charter by the wealthy. Many of these vessels rely upon cutting edge technology, innovative design and state of the art communications systems. Built by a growing number of specialist yacht builders, managed, crewed and operated by superyacht professionals, the superyacht industry has in recent years evolved as a distinct and separate industry alongside mainstream shipping, but with subtle differences of approach and traps for the non-specialist.

Against this background, this book offers a comprehensive analysis of the many aspects of yachting law.

Contents

1 Yacht-building Contracts

2 Yacht Registration

3 Value Added Tax and Yachts

4 Yacht Finance

5 Insurance Legislation and Contracts

6 Employment and Manning

7 Yacht Brokers

8 Yacht Chartering and the MYBA Form

9 Mooring

10 Sale and Purchase under the MYBA Form

11 LY2: Safety and Compliance for Superyachts

12 Accidents at Sea

13 The Recycling of Yachts

Includes extensive practical commentary on the MYBA forms and Institute Yacht Clauses.

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