For the first time, the Maltese Register of Ships is included in the Top 20 Paris MOU white list, ranking 17th.
With the largest registered fleet in Europe (the 6th largest in the world) and a detention rate of less than 2%, Malta has also performed well under the Tokyo MOU, also ranking 17th on the white list.
White listing adds value to a country's flag as it is the result of hard and diligent work. Indeed, as the Minister of Transport, Ian Borg, confirmed: Malta strives "to create quality, confidence and a good reputation in the industry, seeking not only the quantity but also the quality of vessels to enrich the fleet". Malta has thus doubled its tonnage in seven years, (from 42 to 83 million tonnes), and increased the number of superyachts registered in the first seven months of 2020 by 4.6%.
When registering a yacht, there are a number of key elements to be taken into account, including the reputation of the flag. Rosemont can accompany you when registering your yacht in Malta.
For more information, please contact Rishi Bonello, Rosemont Malta's director: r.bonello@rosemont.com.mt or Janet Xanthopoulos, Head of Yacht Adminsitration: j.xanthopoulos@rosemont-yacht.com
08/2020