Global Maritime Congress GMC24, İstanbul, Türkiye, 20 - 21 Mayıs 2024, ss.12-14
An Analysis of Yacht-Related
Incidents in Mediterranean Region
Keywords: Maritime Safety, Marine Tourism, Yachting,
Maritime Accidents
This study investigates maritime incidents involving
yachts in the Mediterranean region, addressing a notable gap in existing
literature concerning the specific needs and risks associated with this type of
vessel, which has received less attention from maritime academics.
Methodology: This study sourced its data from S&P Global
Inc., an American publicly traded corporation recognized for its expertise in
financial information and analytics, to acquire all incidents reported over the
previous ten years, specifically focusing on the Mediterranean region. The
choice of S&P Global Inc. as the primary data source was motivated by its
comprehensive coverage and authoritative standing in the field. The reports are
analyzed thoroughly and visual presentations are created to picture the yacht
related incidents nature.
Results: This study analyzed 65 maritime incidents within the Mediterranean
region reported by S&P Global over the past decade (2013-2023). Notably, 31
incidents (48%) were classified as "serious" by S&P, defined as
"vessels incurring significant damage and/or withdrawn from service" and
13 of these resulted in Total Loss. Among these serious incidents, fire and
explosion emerged as the most frequent cause (13 incidents), followed by hull/machinery
damage (12). Some fire incidents resulted in hull or machinery damage rendering
the incident serious. The incidents are reported from nine different
Mediterranean countries mostly from Greece (22), Spain (16) and Italy (12).
Conclusion: This exploratory research provides a comprehensive decade-long
overview of yacht incidents, in terms of location, incident type, seriousness level
and occurrences of total loss and it creates opportunities for future studies
to go farther into these aspects and beyond.
Figure 1. Total loss per incident types
Figure 2. Total loss locations
Figure 3. Seriousness level per incident type