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ARTICLE · 14 MAY 2020

Recent Changes To Laws Regulating Shipping Companies

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The Merchant Shipping (Shipping organisations – Private Companies) Regulations (Subsidiary Legislation 234.42 of the Laws of Malta, "the Regulations") have recently been amended by Legal Notice 31 of 2020...

MaltaTransport
Jotham Scerri-Diacono
Jotham Scerri-Diacono
Jan Rossi
Jan Rossi
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Introduction

The Merchant Shipping (Shipping organisations – Private Companies) Regulations (Subsidiary Legislation 234.42 of the Laws of Malta, "the Regulations") have recently been amended by Legal Notice 31 of 2020 published in the Government Gazette on the 21st of February 2020.

Originally promulgated in 2004, the Regulations address the establishment and corporate workings of what is typically referred to as the Maltese shipping company.

Well known by players in the international shipping industry, shipping companies incorporated under the Regulations are used for the ownership, operation, and management of merchant vessels (both Malta-flagged or flagged elsewhere) as well as other maritime-related activities.

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