Malta continues to be regarded as a strong and safe maritime jurisdiction and so far its efforts are reaping rewards as the Malta flag continues to be the largest maritime flag in Europe and the sixth largest maritime flag in the world. The constant growth of the Malta maritime flag speaks volumes. During 2017 Malta flag ranked among the very top performers following the UNCTAD Review of Maritime Transport 2017 on the leading flags of registration by tonnage.
Increase in Maltese ship registry
The geographical position and its reputation as a strong and safe jurisdiction have established the Maltese flag among shipowners, financiers and ship management companies. In addition, Malta caters for efficient corporate and tax structures with regards to the shipping industry. Apart from all the other benefits, the main advantage of Malta flag is that it is viewed and acted upon holistically. At GMX we believe that the Malta flag is a leading maritime flag chosen by the better ship owner.