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.

Daughter of L'Ecume II skipper and former Jersey Reds Captain join police force
Speed limits to be cut on 52 St Ouen roads
Experts identify aspects of Assisted Dying Law that raise issues
Deputy decries £280k unspent IVF funding despite demand
Aurigny promises average Guernsey-Jersey air fare will be £70 one way
Missing moggy survives Storm Goretti and returns home after five weeks
A Channel Islands success story to expands to Dubai
Minister: JET's top-up funding model was 'unsustainable'