December

Praxis Achieves Cayman DOC Certification: Strengthening Global Yacht Safety Management

Independent professional services group Praxis has achieved a significant milestone with the international certification of its yacht safety management system, enabling it to serve commercially operating yachts over 500GT. The certification, granted through a rigorous Cayman Document of Compliance (DOC) audit, confirms that Praxis' safety management system (SMS) aligns with the International Safety Management (ISM) Code. The ISM Code is a globally recognised framework that ensures the safe operation of vessels and the prevention of pollution, adhering to rigorous maritime safety standards.

The certification bolsters Praxis' comprehensive ISM Safety Management System, an advanced online platform tailored for yacht and superyacht safety compliance. The system simplifies safety processes with features like tailored safety manuals, risk assessments, document management, incident reporting, and crew training management, all securely hosted in the EU. This streamlined approach enhances operational efficiency for yacht owners and captains.

With over five decades of expertise in yacht ownership and management services, Praxis is a well-established leader in the sector. The Cayman DOC certification allows the company to extend its operations across key maritime jurisdictions under the Red Ensign Group, including Bermuda, the British Virgin Islands, Cayman Islands, Gibraltar, and the UK and its Crown Dependencies. The Red Ensign Group is renowned for its stringent safety and operational standards, making the certification a mark of excellence.

Giles Sedgman, Head of Safety Management at Praxis, emphasised the importance of the certification: "The Cayman certification demonstrates that our safety management practices, procedures, and policies meet international maritime safety standards. This reflects our commitment to fostering a culture of safety and operational excellence within the maritime industry."

Lee Madgewick, Group Head of Yacht Services, highlighted the strategic value, saying: "This accreditation reinforces our position as a leader and trusted partner for yacht and superyacht safety and management and ensures our capabilities meet the needs of clients in diverse locations globally."

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