Transport Malta, the Authority responsible for the Register of
Ships in Malta, has registered a considerable increase in the
number of mercantile vessels registered over the past year. The
Ship Registry, in fact, announced that by the end of August of this
year, 7,109 mercantile vessels were on its registry flying the
Maltese Flag with a gross tonnage of over 62 million. The figure
marks an increase of 6.8% when compared to the same period last
year.
This announcement maintains Malta's reputation as a maritime
hub, with the island increasingly attracting investment to this
booming sector and further confirmed the positive performance of
2014 which made Malta reach the 6th worldwide ranking (up from
7th), whilst further consolidating its position as the largest
Register in Europe. In fact, as at the end of December 2014, the
registered gross tonnage under the Merchant Shipping Act was 57.9
million gross tons.
