The Malta Merchant Shipping Directorate has announced the entry into force of the Passenger Yacht Code (PYC), with effect from the 25th of May 2021. It is widely recognised that when considering the operational pattern and risk profile of commercial yachts, the...
The unpredictability of COVID-19 has put many business owners and employees on edge. Notwithstanding the financial aid which has been made available to employers and employees in hopes of easing their financial burdens, the looming thought that employers might not be...
Following the successful introduction and implementation of the Non-Convention Vessel (NCV) Code, and after following feedback and consultation with all stakeholders and interested parties, the Malta Merchant Shipping Directorate has announced that this NCV Code has...
An interesting hallmark of the Maltese trust system is the flexibility afforded to trustees and other interested parties in handling situations which are best not left entirely to the discretion of the trustee. In this article, DR TONIO FENECH, Partner at Fenech...
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....
Following the judgment Galea Waldemar David vs University of Malta (Appeal no. 35/2018), delivered by the Court of Appeal on the 25th of January 2019, the jurisdiction of the Industrial Tribunal (the “Tribunal”) was put under scrutiny. In brief, the University...
Foreign direct investment (“FDI”) within the European Community (“EU”) contributes to competitiveness, enhances employment and drives economic growth. It generates capital, encourages technological innovation and expertise and, significantly, also opens EU member...
An important aspect of the Malta Flag registration, particularly for yachts, is the option for individual citizens to register their vessels in their own personal name if they hold a valid EU, EEA or Swiss passport. Through Legal Notice 466 of 2020, the Maltese law...
With the plethora of mitigating measures implemented and recommended by the health authorities to curb the spread of COVID-19, many businesses were compelled to shift their workforce to operate remotely from the safety of their own homes. With this transition in mind,...
The Merchant Shipping Directorate within the Authority for Transport in Malta (the ‘Directorate’), has recently issued the revised Commercial Yacht Code 2020 (the ‘CYC 2020’) which succeeds the former Commercial Yacht Code 2015 (the ‘CYC 2015’). The feedback received...
It has definitely been a challenging year for many industries around the world, however Malta’s maritime industry is experiencing exciting times both from a results perspective as well as in the light of a number of regulatory changes which will better serve the needs...
A recent study report, commissioned by the Malta Maritime Forum, analyses the current and future potential of the Maritime Sector towards the growth and development of the Maltese Economy in terms of the generation of value added and employment, including...