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ARTICLE · 05 MAY 2025

Ship Mortgages In Malta: A Secure Framework For Maritime Financing

GTG Legal
GTG Legal
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GTG Legal

GTG Legal

Since its founding in 1997, GTG has been at the forefront of Malta’s legal profession, blending...

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Malta has established itself as a leading maritime hub, offering a robust legal framework for ship registration and financing. One important aspect of maritime...

MaltaTransport
Sarah M. Vella
Sarah M. Vella

Ship mortgages

Malta has established itself as a leading maritime hub, offering a robust legal framework for ship registration and financing. One important aspect of maritime financing is ship mortgages, which serve as a crucial mechanism for vessel owners to secure funding while offering lenders strong protection over their investment.

Ship mortgages in Malta are governed by the Merchant Shipping Act (Cap. 234 of the Laws of Malta). The Act provides a comprehensive and secure structure for ship mortgage registration, ensuring lenders have enforceable rights over the vessel in case of default. Maltese law is modelled on British maritime traditions, making it a trusted jurisdiction for ship financing.

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