The Maltese Flag

Owing to its central position in the Mediterranean Sea, Malta has for centuries served as a natural hub to all the main arteries of international trade both in the Mediterranean region and beyond. With 38,737,657 registered gross tonnes, Malta is the 8th largest shipping register in the World .

The Maltese Shipping Register is recognised internationally as reputable and well organised. Being a full member of the European Union and also being a member on the IMO Council, Malta plays a very pro-active role in these organisations and in fact the Maltese flag is considered as a European Flag.

Malta also hosts the International Maritime Law Institute, within the IMO, which ensures that maritime law experts are given sufficient knowledge and skills in international maritime law and in the vast body of rules and regulations developed by the IMO.

Politically, Malta has a tradition of stable democratic governments which have contributed to a stable yet sophisticated legal and regulatory regime in the Maritime sector. Its clear strategic political vision supporting business and the marine industry, also enables Malta to adopt a stable fiscal and social regime.

The Maltese Flag boasts of a deep understanding of the maritime industry, which enables it to adopt a flexible approach with regards to the particular requirements and exigencies of the industry, which is based on the value of long term customer relationships.

The Maltese flag offers its tonnage numerous advantages, amongst which are the following:

- Malta is on the White List of the Paris MoU;

- With a customer service oriented philosophy, the authorities are available 24 hours, 7 days a week;

- Availability of technical assistance from a team of qualified and experienced mariners;

- All documents and correspondence may be submitted in the English Language;

- Attractive incentives to owners, registered charterers and financiers of Maltese Ships;

- No inspection fees;

- No nationality restrictions for master, officers and crew;

- No restrictions on the sale or transfer of shares of a company owning Maltese registered ships;

- No restrictions on the sale and mortgaging of Maltese registered ships;

- Ships may be registered in the name of legally constituted corporate bodies or entities irrespective of nationality, or by European Union citizens; and

- Progressive reduction in registration and tonnage tax costs for younger ships.

Malta has also adopted, particularly in relation to mercantile shipping, a number of international conventions which include amongst other The International Convention for the Safety of Life at Sea and the International Convention on Standards of Training, Certification and Watchkeeping for Seafarers.