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ARTICLE · 22 FEBRUARY 2016

Malta Flag Registers An Increase Of Over 14%

Transport Malta, the Authority responsible for the Malta Ship Register, through its Merchant Shipping Directorate, reports a strong and positive performance for 2015.

MaltaTransport
Fenech Farrugia Fiott Legal
Fenech Farrugia Fiott Legal
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Transport Malta, the Authority responsible for the Malta Ship Register, through its Merchant Shipping Directorate, reports a strong and positive performance for 2015.

As at end of the year, the Maltese Register of Shipping registered an increase of almost 8.3 million gross tonnage representing a growth rate of 14.3% over the previous year. As at end of December 2015, the registered gross tonnage under the Merchant Shipping Act was 66.2 million gross tons. These statistics represent record figures for the Malta Flag and a significant achievement for the Malta Flag Administration, since over 900 ships for a total gross tonnage of over 12 million tons were registered during the year. These results continued to consolidate Malta's position as the leading Ship Register in Europe and the 6th largest in the world. This success is mainly attributed to the continued effort of Transport Malta and the Maltese shipping community to attract serious companies to the Maltese

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