Malta Flag – Heightened Security Concerns in the Red Sea

Malta Flag – Heightened Security Concerns in the Red Sea

Author: Mr. Joseph FenechPublished: 17th January 2024Maritime Unit In response to the intensifying security situation in the Red Sea area, the Malta Merchant Shipping Directorate has issued a Merchant Shipping Notice, calling on all concerned parties to exercise...
Renewal Of Shipping Insurance Blue Cards

Renewal Of Shipping Insurance Blue Cards

Author: Mr. Joseph FenechPublished: 04th Janaury 2024Maritime Unit On the 20th of February 2024, the following annual Certificates ( as applicable ) will expire for most of the merchant vessels:- Certificate of Insurance or other financial security in respect of Civil...
A Strategic Vision For The Superyacht Industry

A Strategic Vision For The Superyacht Industry

Author: Mr. Joseph FenechPublished: 22nd November 2023Maritime Unit As the Yachting continues to grow, both in numbers and also in reputation, the Maltese Government has released a strategic vision document for the local Superyacht industry. It is worth noting that in...
Reduction Of Vat Rate On Short-Term Yacht Charters

Reduction Of Vat Rate On Short-Term Yacht Charters

A legal notice was recently issued by the Ministry of Finance in Malta to transpose paragraph 5 of Article 105a of Council Directive 2006/112EC on the common system of value added tax, as subsequently amended. L.N.231 of 2023 has introduced a new reduced rate of value...
New Regulations On Non-EU Employment

New Regulations On Non-EU Employment

The Prime Minister Dr Robert Abela recently announced that, in an effort at improving the standards of agencies which bring third party nationals to work in Malta, new regulations will soon be introduced. This announcement followed an outcry on mainstream and social...
Malta Flag – Commercial Yachts Manning Guidelines

Malta Flag – Commercial Yachts Manning Guidelines

The Maltese Merchant Shipping Directorate (the “Directorate”) has issued a Commercial Yachting Notice, to remind all the stakeholders that in accordance with Section 17 of the Malta Commercial Yacht Code (CYC), all yachts ≥24m in length shall carry a valid...
Duties Of Directors: Mitigating Liabilities

Duties Of Directors: Mitigating Liabilities

The duties of directors are inherently complex. The complexity surrounding directors’ can be attributed to three interconnected reasons. First, the duties of directors are contained in several laws, including: (i) the Companies Act, which sets out the general duties...
Promise Of Sale Agreements (Kovenju) And The COVID-19 Pandemic

Promise Of Sale Agreements (Kovenju) And The COVID-19 Pandemic

The expiration of a promise of sale agreement by effluxion of time naturally gives rise to various obligations on the parties to the agreement, inclusive of the imposition of liabilities and other legal issues if a party fails to act in accordance with the terms of...
Malta Flag – Update On Authorized Classification Societies

Malta Flag – Update On Authorized Classification Societies

A merchant vessel both at the time that is being registered as a Maltese ship and during the period of its registration under the Malta flag must be classed with a classification society authorised to issue statutory certificates on behalf of the Government of Malta....

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