The partnership was established after Royale Oceanic were issued the first Virgin Island Shipping Registry ‘Document of Compliance’. This gives Royale Oceanic the capability of managing ISM compliant superyachts flying the Virgin Island flag. VISR is a Category 1 member of the Red Ensign Group and can register superyachts of up to 3,000gt. "The VISR is tremendously pleased to formalise our relationship with Royale Oceanic in such a significant way", said John Samuel, director of shipping for VISR. "Our discussions and relations over the past year have further developed our professional relationship, enabling both organisations to take this significant step forward."
Royale Oceanic currently manage a fleet of superyachts over 60m and have two offices in the UK, based in London and Newcastle-upon-Tyne. The yacht management team in Newcastle is expanding in order to allow Royale Oceanic to handle the increase in services that they now provide, which include, but are not limited to, ISM, ISPS and MLC compliant services.
"Royale Oceanic is delighted to have been approached by the British Virgin Islands government to work with them in the development of their plans for the superyacht sector," said Dean Smith, director of marketing for Royale Oceanic. "We have enjoyed working with the shipping team at VISR and believe there will much interest in the VISR as a Red Ensign Group registry of choice for superyachts."
If you've found this story to be 'a report worth reading', and you would like to enjoy access to even more articles, insight and information from The Superyacht Group, then you may well be interested in our VIP print subscription offer. We are inviting industry VIPs to register for a complimentary subscription to our print portfolio, which includes the most insightful information on the state of the superyacht market. To see if you qualify for our VIP subscription package, please click here to fill in an application form