Malta Shipping Register is World's 6th Largest
Malta ship register becomes the sixth largest worldwide, remains largest in Europe. As at end of December 2014, the registered gross tonnage under the Merchant Shipping Act was 57.9 million gross tons with over 2,500 merchant vessels fly the Maltese flag.
In 2013, Malta ranked in the seventh place. Transport Malta, the Authority responsible for the Malta Ship Register, has reported a strong and positive performance for 2014.
The Maltese Register of Shipping registered an increase of almost 6.5 million gross tonnage representing a growth rate of 12.5% over the previous year, which had also reported record figures.
As at end of December 2014, the registered gross tonnage under the Merchant Shipping Act was 57.9 million gross tons with over 2,500 merchant vessels fly the Maltese flag.
By end of 2014, the Authority had processed over 191,376 applications from officers serving or wanting to serve on Maltese ships, for the issue of endorsements attesting to the recognition of their certificate of competency issued by a foreign Administration.
Minister for Transport and Infrastructure Joe Mizzi stated, “This status was achieved thanks to the efforts of all stakeholders including ship-owners, seafarers, the efforts of the personnel of Transport Malta, particularly those at the Merchant Shipping Directorate and a joint effort by the Authority and the Maltese Shipping community to attract serious companies to the Maltese Register.
"The fact that the Malta Flag Administration has managed to concurrently increase both its growth rate and enhance the technical performance of its registered fleet further confirms the Authority’s adopted strategy to focus on quality.
The Malta Register has also become a world leader in commercial yachts registration where Malta has also registered positive results.