What's The Risk?·9 min
What's the risk of owning a yacht?
Length decides which rules apply to a yacht, and the line sits at 24 metres, drawn for cargo ships in 1966. This summary takes the question one size at a time: what a boat under 24 metres escapes, what arrives with a payroll, what a flag actually buys, and why since 2022 the answer has turned on who owns the hull.