The 70% rule is a legal requirement that applies to superyachts cruising in certain countries, including France and Italy. The rule mandates that at least 70% of the time spent on board must be outside of territorial waters of that country. Here’s a closer look at how to apply the 70% rule for superyachts.
The first step in applying the 70% rule for superyachts is to understand the regulations in the country where the yacht will be cruising. The rule may vary depending on the country, and it’s important to know the specific requirements to avoid any penalties or fines.
Once you understand the regulations, the next step is to plan your itinerary to ensure compliance with the 70% rule. This means carefully considering the time spent in territorial waters and the time spent outside of those waters. For example, if you’re planning a seven-day charter in France, you’ll need to spend at least three days outside of French territorial waters to comply with the rule.
It’s also important to keep detailed records of the yacht’s movements to ensure compliance with the 70% rule. This includes keeping a logbook that records the time spent in territorial waters and the time spent outside of those waters. The logbook should also record any other relevant information, such as the location of the yacht, the crew on board, and any other relevant details.
To make compliance with the 70% rule easier, many superyacht operators use sophisticated software tools to track the yacht’s movements and ensure compliance with the regulations. These tools can provide real-time tracking of the yacht’s location, as well as detailed reports on the time spent in territorial waters and outside of those waters.
It’s important to note that the 70% rule applies only to commercial superyachts, and private superyachts may be subject to different regulations depending on the country where they are cruising. However, even if you are chartering a private superyacht, it’s still a good idea to keep detailed records of the yacht’s movements and comply with any applicable regulations to avoid any potential issues.
Overall, compliance with the 70% rule is a key consideration for any superyacht charter in countries such as France and Italy. By understanding the regulations, carefully planning your itinerary, and keeping detailed records of the yacht’s movements, you can ensure compliance with the rule and enjoy a safe and enjoyable charter experience.