New yacht identification serviceJan 1, 2003
A Greek company is now offering a unique yacht-identification program that may help thwart thieves and aid in the recovery of stolen vessels and gear. For a fee, the company, YachtID (www.yachtid.com), will record vessel details and maintain them in a secure non-governmental global database. The company also offers GPS locator systems as well as an undetectable chip technology that can store all of the yachts' vital information.
Law enforcement agencies and insurers can easily access the database and use it as a recovery tool.