our Yacht program. A pedigree in the making.
Developing a lineage for our yachting register.
With the improvement of the yachting industry as an entire sector and by developing presence and leveraging opportunities in the yachting area of the Mediterranean, INSB Class yachting survey and certification activity captured an encouraging drive, leading to new yacht additions to our corporate register.
Following a similar trend to 2022, the majority of boats added to our register were commercially operated yachts, with less of private yachts voluntarily opting to be classified.
Ratio per Type for newly entered yachts in 2023
No Data Found
Comprehensive
survey and certification
With a focus on tailored survey and certification services for yachts, in 2023, INSB Class supported a diverse range of yachts, either intended for recreational, limited charter or full commercial operation.
YACHT ADDITION 2023
PLANET NINE
| Commercial Yacht | |
| Service | PEXEPA |
| GT | 2189 |
| Built | 2018 |
| Length | 73,26mts |
| Flag | Malta |
YACHT ADDITION 2023
BOJI
| Commercial Yacht | |
| Service | CLASS-STATUTORY |
| GT | 499 |
| Built | 2022 |
| Length | 43mts |
| Flag | Greek |
Notable Yacht Additions in 2023
In 2023, INSB Class welcomed several notable yachts to its classification register, reflecting the organization’s growing expertise and reputation in the yachting sector. These additions demonstrate the developing versatility of INSB Class in serving a wide range of yachts, from pleasure crafts to large commercial vessels, while ensuring compliance with applicable safety standards and regulations.
YACHT ADDITION 2023
OMNIA
| Commercial Yacht | |
| Service | CLASS-PEXEPA |
| GT | 440 |
| Built | 2017 |
| Length | 46mts |
| Flag | Croatia |
YACHT ADDITION 2023
MARY
| Commercial Yacht | |
| Service | CLASS-STATUTORY |
| GT | 182 |
| Built | 2023 |
| Length | 32.28mts |
| Flag | GREEK |
Key flags yacht register 2023
Regulatory Support for Flag State Compliance
In 2023, INSB Class effectively implemented its dedicated Rules & Regulations for yacht classification by admitting into its register yachts that comply with the relevant technical standards. By working closely with an extended number of flag Administrations, INSB Class delivered statutory survey and certification functions, including Ship Registers that demonstrate particular focus for the yachting world.
Verifying compliance for attaining Greek charter licence
Parallel to our yacht’s certification program and as mandated under the Greek national legislation, during year 2023 INSB Class performed relevant inspections for the issue of the Foreign Commercial Yacht Inspection Certificate (PEXEPA), enabling non-EU flagged commercial yachts to attain a Greek Charter License for commercial trade within Greek waters.
YACHT ADDITION 2023
LA STELLA DEI MARI
| Private Yacht | |
| Service | CLASS-STATUTORY |
| GT | 245 |
| Built | 2006 |
| Length | 32,5mts |
| Flag | Palau |
YACHT ADDITION 2023
VITA NOVA
| Private Yacht | |
| Service | STATUTORY |
| GT | 476 |
| Built | 2001 |
| Length | 47mts |
| Flag | Dominica |
Bringing AI onboard Yachts.
Technology trends for 2024 and beyond
Artificial Intelligence (AI) is revolutionizing the management and operations of yachts in several key ways:
Predictive Maintenance and
Operational Efficiency
AI and Machine Learning (ML) are enabling predictive maintenance by monitoring operational data from yacht components. Sensors and flow meters in systems like air conditioning detect anomalies, allowing for condition-based maintenance instead of fixed schedules. This enhances efficiency, reduces costs, and minimizes downtime from unexpected breakdowns.
Adaptive Digital
Charts
AI-powered navigation systems create “living maps” that dynamically display potential hazards like sudden squalls or dense fog banks. These systems continuously analyze real-time weather data, integrating the knowledge of experienced captains to guide yachts through treacherous waters with precision.
AI Predictive
Analytics
AI-powered systems analyze historical data on fuel consumption, weather conditions, and yacht performance to predict optimal routes and speeds that minimize fuel usage. By considering factors like wind, currents, and tides, AI can recommend the most efficient paths, reducing unnecessary fuel waste.
Real-Time
Monitoring
Sensors and flow meters throughout the yacht’s systems continuously feed data to AI algorithms. The AI monitors this real-time data to detect anomalies, optimize engine performance, and make adjustments to reduce fuel consumption. For example, it can identify and correct inefficient combustion or air-fuel ratios.
