The Triton

Editor's Pick

Large yachts can now carry US flag

ADVERTISEMENT

American Flag

Americans who own yachts larger than 300 GT can now flag them in the U.S., thanks to an amendment included on a bill signed Aug. 13 by U.S. President Donald Trump. The new legislation, which received bipartisan support in Congress, reforms a law written in 1920 that defined a yacht as a vessel with a maximum volume of 300 gross tons, meaning Americans with yachts exceeding that limit were only able to flag their yachts in the U.S. if they registered them as commercial vessels.
Since commercial vessels, such as cargo ships, are subject to operational and construction standards different from those of recreational vessels, some American owners in recent decades have pursued acts of Congress for their personal vessels as exemptions, but this route is considered arduous and expensive.
“For at least a half century, ridiculous regulations prohibited American citizens from displaying their patriotism by flying an American flag on their yacht,” stated Tilman J. Fertitta, a longtime yacht owner, star of the TV show “Billion Dollar Buyer,” and owner of Landry’s Restaurants and the Houston Rockets. “This is truly a historic day for American yacht owners and the yachting industry.”
Kitty McGowan, president of the U.S. Superyacht Association, credits Fertitta with a key role in the effort to change the outdated law, along with U.S. Rep. Rob Bishop of Utah, who spearheaded the legislative action.
“The economic impact of more large yachts flagging U.S. could be significant, as these large vessels would now provide more high-profile opportunities for American crew, keep yachts traveling in U.S. waters and spend more time in our repair and refit yards,” McGowan said in a USSA statement.
The U.S Coast Guard is now developing a U.S. Large Yacht Code, to take effect in 2020. In the meantime, a private yacht over 300 GT will be able to fly the U.S. flag if it is MCA-compliant.
“We look forward to continuing our efforts with the U.S. Coast Guard to help develop and establish the new U.S. flag registry as the best in the world,” stated Jay Dayton, USSA advocacy co-chair.
USSA is a nonprofit trade association formed in 2006 to promote and support the U.S. superyacht industry. For more information, visit ussuperyacht.com.

Related Posts...
The U.S. Department of Homeland Security has warned that those Read more...
NOAA's Office of Coast Survey recently announced plans to change Read more...
Yacht captains, crew and the boating industry visit the 31st Read more...
By Dorie Cox UPDATE: Feb. 7As of 6:30 p.m. today, Read more...
By Dorie Cox When a yacht gets seized – arrested Read more...

Share This Post

3 thoughts on “Large yachts can now carry US flag

  1. Ole Anderson

    All the billionaires that got a huge tax cut from the Tangerine Huckster lobbied hard for this because their new, much larger yachts are under construction in Holland, Germany, Italy and Australia. But they want to fly Old Glory to show what true patriots they are.

  2. Houston Murphy

    This is a great start to opening up more business in the marine industry. MCA compliance is to date the safest code that universally adapts to a global market.

Leave a comment

Your email address will not be published. Required fields are marked *

Please answer the question below to leave a comment. * Time limit is exhausted. Please reload CAPTCHA.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Editor’s Picks

Yacht crew join Triton networking with Universal Marine Center

Yacht crew join Triton networking with Universal Marine Center

The Triton hosted networking with more than 150 captains, crew and industry professionals at Universal Marine Center on the third …

Where in the World: St. Kitts crew seminars

Where in the World: St. Kitts crew seminars

Crew from 15 yachts participated in Acrew’s fourth Caribbean Crewfest in mid-January at Christophe Harbour in St. Kitts. The …

Industry rallies to raise money for former engineer injured in accident

Industry rallies to raise money for former engineer injured in accident

By Dorie Cox UPDATE Feb. 20, 2019 Former yacht Engr. Thomas “Bourke” Cannon is in a hospital in Jacksonville, Florida, after …

GPS users warned of potential April 6 glitch

GPS users warned of potential April 6 glitch

The U.S. Department of Homeland Security has warned that those who use older GPS devices may find themselves in troubled waters come April …