A MORE COMPETITIVE ITALIAN ENSIGN
New Italian yachting norms this Christmas with loads of news also for the superyacht segment. Several measures dedicated to large shipyards and refits are on the way and full recognition of commercial cruising, as well as less bureaucracy for ships listed in the international register, the introduction of the Italian Passenger Yacht Code, some more light shed on the question of ‘leasing’ and much more. Last but not least three years of hard work invested by UCINA Confindustria Nautica pays off and the Italian ensign becomes more competitive. The latest bits of news concerning the norms governing the over/under 500 GT category seem to indicate that they will be simplified for the minor of the two categories and will be extended to classic ships up to 120 GT that are over fifty years old. Provisional permits will be issued with a provisional gross tonnage as well, to ship owners who have proof of requested cancellation from foreign registries. All this entails that the issuance of new documents will be carried out within a given time frame after the application forms have been received by the competent bodies. Additionally the thousand ton limit for the registration of large chartered yachts in the International Register has been lifted. Italian registered ships carrying more than 12 passengers but less than 36 will be registered accordingly in the Italian Passenger Yacht Code. The procedures regarding crew when embarking and disembarking on diverse ships managed by the same broking firm have been cancelled as well. The same goes for arrival and departure procedures for all EU vessels and non EU pleasure vessels. Commercial yachts flying non EU ensigns will notify their arrival at the first port of call in Italy only and will notify departure at the last one prior to leaving international waters. The use of temporary registration valid in international waters has also been simplified and written in English as well also for brokers and shipyards. All Italian registered units and commercial ships will display a Blue sticker (Bollino Blu) valid for each season (from June through September) which is subject to inspection and certifies the validity of safety equipment on board, payment of local taxes due and more. Italy’s UCINA and the inland revenue (Agenzia delle entrate) have recently published a guide concerning commercial shipping in ‘high seas’ which allows the exemption of VAT excise duties and more, to be in line with French norms. 2018 brings good tidings and are a further encouragement not only for the yachts that have been migrating in growing numbers from the French Riviera and from Spain to Italian ports over the last six months.