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Introducing ISM LITE: a Q&A on our new yacht safety management solution

In this comprehensive Q&A, Giles Sedgman our Head of Safety Management explores the world of yacht safety management and how ISM LITE is setting new standards in the industry. Giles shares his insights on ISM LITE, our innovative safety management platform designed for sub-500-ton yachts.

Giles, can you tell us what inspired the creation of ISM LITE?

We recognised a gap in the market for a safety management platform that catered specifically to smaller or private yachts where the captains and yacht owners want to follow best practice in terms of safety standards, but without the significant costs of a fully managed solution. ISM LITE was born out of this need, offering a solution that is streamlined and cost-effective.

How does ISM LITE differ from the full ISM Code requirements?

ISM LITE is designed for vessels that may not be required to fully comply with the ISM Code due to their size, type or operational scope. It simplifies the implementation of a safety management system by focusing on the most critical aspects of safety and compliance, without the extensive documentation and procedural requirements of the full ISM Code. ISM LITE offers a more accessible, flexible solution for smaller vessels or operators, enabling them to achieve high safety standards efficiently.

Importantly, with ISM LITE, there are no management fees involved, which significantly reduces the overall cost for yacht owners. The cost structure is transparent and straightforward, including a one-off onboarding fee to get started, a monthly subscription, and an annual audit to ensure continuous compliance without any hidden costs.

What is the ISM code?

The ISM Code is a set of standards and guidelines developed by the International Maritime Organisation (IMO) to ensure the safe operation of ships and pollution prevention. It mandates that ship owners and management companies operate a Safety Management System (SMS) that includes aspects like crew training, readiness for emergencies, and maintenance practices.

What are the key benefits of implementing a safety management solution like ISM LITE?

ISM LITE brings several key benefits, including improved safety onboard, enhanced compliance with regulations, reduced risk of accidents and environmental harm. It also promotes a safety culture among the crew, leading to better operational practices, higher professional standards, better morale, and increased efficiency.

What sets ISM LITE apart from other safety management platforms?

ISM LITE stands out for several reasons. Firstly, it's designed with the specific needs of yacht captains in mind, offering features that are directly applicable to their operations. Secondly, the platform provides direct access to our expert team for support, setting up everything according to the yacht's specific requirements. Perhaps most importantly, it combines cost efficiency with a comprehensive toolkit, eliminating management fees and offering a clear, straightforward pricing structure.

What sets ISM LITE apart is our commitment to data security and compliance. All user data is hosted in an EU data centre, which adheres to the highest standards of data protection. This ensures that our clients’ information is securely managed and compliant with stringent EU data protection regulations, providing peace of mind about the safety and privacy of their data.

How does ISM LITE work?

ISM LITE streamlines yacht safety management by providing bespoke documentation tailored for each yacht. The platform features a single log-in where all documentation is centrally stored for easy access. Key features include MMV University for training, automated task reminders, and a comprehensive toolkit that simplifies daily operations. The integrated virtual assistant and mobile compatibility ensure that captains can manage safety protocols efficiently from anywhere.

How long does it take to set up?

ISM LITE can be rapidly deployed, with existing clients able to go live within 24 hours. The setup process is designed to be quick and efficient, ensuring minimal disruption to yacht operations. Importantly, ISM LITE is also a standalone service, available to new clients who are not currently part of our network, making it accessible to a broader range of yacht owners seeking streamlined safety management solutions.

Can you elaborate on the benefits of ISM LITE for yacht crews?

ISM LITE places a strong emphasis on crew professionalism and safety. The platform includes mandatory training modules for safety drills and equipment inspections, ensuring that all crew members are well-prepared and knowledgeable. This not only enhances the safety onboard but also contributes to building a highly professional crew that can confidently handle various safety scenarios.

How does ISM LITE enhance the value of a yacht?

It helps preserve and even enhance the value of a yacht in several ways. By maintaining a comprehensive and up-to-date safety management system, yachts are kept in prime condition, making them more appealing to surveyors, potential buyers or charterers. Additionally, by prioritising safety and compliance, yacht owners can mitigate risks and avoid costly incidents that could affect the yacht's value and reputation.


What is the key message for yacht captains or owners who might be considering ISM LITE?

I'd say that ISM LITE represents an opportunity to take control of your yacht's safety management in a way that's both efficient and cost effective. With our platform, you're not just meeting regulatory requirements; you're setting a new standard for safety and professionalism on your yacht. We're here to support you every step of the way, and are confident that ISM LITE will have a positive impact on your operations.

If you're interested in ISM LITE, contact Giles to see how our safety management platform can streamline your operations.

 

Please note that this article is intended to provide a general overview of the matters to which it relates. It is not intended as professional advice and should not be relied upon as such. Any engagement in respect of our professional services is subject to our standard terms and conditions of business and the provision of all necessary due diligence. © Praxis 2023

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