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Malta’s Ship Registry Continues Growing

31 / 10 / 19

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Malta continues to be regarded as a strong and safe maritime jurisdiction and so far its efforts are reaping rewards as the Malta flag continues to be the sixth largest maritime flag in the world. The constant growth of the Malta maritime flag speaks volumes. During 2019 Malta flag ranked among the very top performers following the UNCTAD Review of Maritime Transport 2019 on the leading flags of registration by dead-weight tonnage. The geographical position and its reputation as a strong and safe jurisdiction makes the Maltese flag attractive for shipowners, financiers and ship management companies. Malta’s tonnage tax system was approved by the Commission and it added on Malta’s reputation as a maritime nation. In addition, Malta caters for efficient corporate and tax structures with regards to the shipping industry. Apart from all the other benefits, the main advantage of Malta flag is that it is viewed and acted upon holistically. At GMI we believe that the Malta flag is a leading maritime flag chosen by the better ship owner.

Malta’s Ship Registry Continues Growing

31 / 10 / 19

Share Article on 

Malta continues to be regarded as a strong and safe maritime jurisdiction and so far its efforts are reaping rewards as the Malta flag continues to be the sixth largest maritime flag in the world. The constant growth of the Malta maritime flag speaks volumes. During 2019 Malta flag ranked among the very top performers following the UNCTAD Review of Maritime Transport 2019 on the leading flags of registration by dead-weight tonnage. The geographical position and its reputation as a strong and safe jurisdiction makes the Maltese flag attractive for shipowners, financiers and ship management companies. Malta’s tonnage tax system was approved by the Commission and it added on Malta’s reputation as a maritime nation. In addition, Malta caters for efficient corporate and tax structures with regards to the shipping industry. Apart from all the other benefits, the main advantage of Malta flag is that it is viewed and acted upon holistically. At GMI we believe that the Malta flag is a leading maritime flag chosen by the better ship owner.