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When buying a yacht, one of the most vital factors is deciding on where you wish to register her. In this regard, the Maltese ship registry is considered to be one of the largest registries in Europe and is currently the sixth largest registry in the world. This success has not materialised by chance, rather, it has been accomplished by means of constant efforts made towards the development, growth, and regulation of the yachting industry in Malta over the past decade.
The Maltese Flag is today considered a flag of excellence and one of the most prestigious flags a yacht may fly. This incredibly positive reputation boils down to the relevant authorities’ relentless efforts to foster the growth of this vital industry on the Maltese islands. The local industry’s success may be attributable to various factors which together have undoubtedly paved the way for the continued increase of yachts registering under the Malta flag. In this regard, a number of
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Malta has, for years, been a maritime nation of repute. Its
strategic location in the centre of the Mediterranean, natural
harbours, and extensive range of maritime services such as
shipbuilding and repair, Freeport, bunkering, ship supplies and
towage services have contributed to making Malta a leading maritime
hub. The island s location has given it great strategic
importance and Malta is now recognised as being an entree-port to
the EU.
Malta has retained its importance in the shipping and yachting
world not only because of its geographic location but also because