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MALTESE FLAG

Building on its long and varied maritime tradition, Malta, a member of the European Union, has today established itself as one of the leading maritime hubs and service centres in the Mediterranean region. Placed to become an international centre of excellence in the maritime industry, the Island offers a whole range of international maritime services and facilities as part of a comprehensive package for the maritime industry. Maritime Malta has also developed a very strong legal and regulatory platform that has enabled the Malta flag to become a reputable international ship register which is now established as one of the largest in the world. Vessel registration under the Malta flag and the operation of Maltese ships is regulated by the Merchant Shipping Act of 1973, a law based in the main on United Kingdom legislation but subsequently revised and amended in 1986, 1988, 1990, 2000 and 2010. The main legislation is supplemented by a comprehensive set of rules and regulations.

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The Flag of Confidence

  • Serious and efficient maritime administration

  • Flag state inspectorate to ensure adherence to international standards.

  • 24/7 a week service in respect of related urgent matters

  • Sound multilateral and bilateral relations.

  • Active participation in international shipping fora.

Advantages of Registering a Ship under a Maltese Flag

  • Ships may be registered in the name of legally constituted corporate bodies or entities irrespective of nationality, or by European Union citizens and by European Free Trade Area Nationals (Norway, Iceland, Switzerland and Liechtenstein);

  • Low company formation, ship registration and tonnage tax costs; may also be extended to smaller ships);

  • Progressive reduction in registration and tonnage tax costs for younger ships (these incentives ships in certain ports;No restrictions on the nationality of the master, officers and crew and preferential treatment to Maltese

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

  • No restrictions on the sale and mortgaging of Maltese ships;

  • No trading restrictions and, preferential treatment to Maltese ships in certain ports;

  • 24/7 a week service in respect of related urgent matters;

  • Malta is an international maritime centre providing the whole range of maritime services;

  • Attractive incentives to owners, registered charterers and financiers of Maltese ships of over 1,000 net tonnage;

  • Reputable and internationally recognised ship register;

  • European Flag with a long maritime tradition;

  • On the White List of the Paris MoU and Tokyo MoU and on the Low Risk Ship List of the Paris MoU;

  • No hidden costs and no inspection fees. Customer service oriented approach that values long term customer relationships;

  • Well-organised and highly responsive flag Administration with one of the largest registers in the world and very active in European Union fora and international organisations;

  • Maltese requirements well known to main shipyards and main classification societies;

  • Marriages can be officiated onboard Maltese ships. A clear strategic political vision supporting business and the maritime industry;

  • Availability of a whole range of maritime services including very reputable and experienced legal and corporate services supporting registration, management and administration. Backed up by a professional shipping registry that values long term customer relationships.

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