CIC on PSC for MLC2006

A reminder that from the 1 September 2024 there will be a Concentrated Inspection Campaign (CIC) on Port State Control inspections on crew wages, Seafarer’s Employment Agreements and Shipowners Financial Responsibilities under MLC. If you need any assistance or further advice please reach out chris.stewart@cornerstoneyacht.com hashtag#cornerstone hashtag#mlc2006 hashtag#beprepared […]

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ATINA – Fire

Another day, another superyacht related fire…. Seems like we are in the middle of an insurers nightmare at the moment as the 47M superyacht ATINA, caught fire in Olbia, Sardinia over the weekend. The resultant damage caused her to sink; thankfully without any human casualties. Another sobering reminder for yacht owners and crew to stay […]

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When is a yacht not a yacht….

…..when it becomes a political hot potato! Royal Romance, the 92.5metre Feadship was the height of marine opulence, but is now the seemingly cursed poster child of the geo-politics surrounding mega yachts at present. Croatian and Ukrainian authorities say that Royal Romance was owned by Viktor Medvedchuk, a former Soviet lawyer, Ukrainian politician, oligarch and supporter of […]

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