Italy can now launch yachting reform

Rome - Parliament’s final green light for the government to write the yachting reform came just a few days before the Salone Nautico di Genova [The Genoa International Boat Show], which is the most important event for the sector

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di Simone Gallotti

Rome - Parliament’s final green light for the government to write the yachting reform came just a few days before the Salone Nautico di Genova [The Genoa International Boat Show], which is the most important event for the sector. Il Secolo XIX/TheMeditelegraph broke the news about the contents of the reform and the procedures that would be required. It is now up to the government to write the decrees that will serve to simplify the administrative regime and the regulations on how sporting units can sail; “It is a success that will benefit the entire supply chain, even those who are or consider themselves to be very distant from us,” UCINA President Carla Demaria said triumphantly.

The sector is anxiously awaiting a true revolution in inspection activities - today there is too much overlap between seven different police forces - despite the fact that safety regulations have been brought up to date. The code was not able to adequately regulate the super yacht sector, charters or the rentals of small craft. Then there were complications because of changes of national registration and export declarations, although some of these critical issues were at least partially resolved by the legislative and regulatory interventions that UCINA has obtained in the last two years.

These interventions will relaunch the market, and UCINA knows it: the reform calls for the simplification of the procedures that will be required of sport yachts, the intended use of small yachts in the state-owned facilities that are suitable to be used for dry docking small units, and the regulation of rental activities for small craft - which are now governed by a multitude of local authorities - and verification for the Port State Control procedures, which currently penalise incoming foreign traffic. The news of the parliamentary approval came at a positive moment for the sector: from the figures announced by Assilea [Associazione Italiana Leasing] for leasing contracts stipulated in the first eight months one can infer that average value has more than doubled (+114%), and is now over £1 million.

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