The Jersey Lifeboat Association is hoping to become operational by Christmas.
The former St Helier Crew has been conducting tests with its new vessel, the Sir Max Aitken III.
The JLA was launched after a long-running dispute between the former crew and RNLI.
An independent report criticised both parties for the relationship breakdown.
After the launch of a fundraising campaign, the JLA's vessel was brought to the island from Great Yarmouth.
Chairman Ben Shenton says the boat has been updated to modern standards and that he's 'fairly confident' of getting up and running within weeks.

Government appoints new Havre Des Pas Lido operator
Jersey Chamber of Commerce 'aghast' at recommendation to reject Strive Hotel plans
Politician calls for Havre des Pas lido tender process to be scrapped
Two Jersey rowers make Team GB
Jersey's rate of inflation rises slightly over summer
Committee calls for Deputy Philip Ozouf's suspension
Baby sloth at Jersey Zoo orphaned as mother unexpectedly dies
DFDS contract reveals termination clause and performance penalties