According to a recent review published by the UNCTAD, Malta ranked as sixth largest maritime flag in the ‘Review of Maritime Transport 2017’ publication on the leading flags of registration by tonnage.
Malta is reputable for consistency in its efforts. It continues to rank as a strong and secure maritime jurisdiction with a great geographic position. The Maltese flag is known to Yacht Management companies, yacht owners and investors alike. Malta offers efficient corporate and tax benefits, also available to the shipping industry. We have recently seen an increase and fundamental importance given to safety at sea and also interest in the environmental issues caused by vessels. The local authority, Directorate for Merchant Shipping is pursuant to regulatory matters as well as compliance with international maritime conventions and agreements.
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