Malta's strategic
position has, since time immemorial, placed the island at the
forefront in the maritime world. Its position, at the heart of the
Mediterranean Sea, and in the middle of one of the major shipping
arteries, have enabled Malta to offer a whole range of international
maritime services and facilities. This, coupled to its deep natural
harbours and well equipped ports, offer a haven for international
shipping.
With the 1973 promulgation
of the Merchant Shipping Act, Chapter 234 of the Laws of Malta, the
Malta Flag formally established itself as an ‘open’ register. The
Malta Maritime Authority (‘the Authority’ or ‘MMA’) is responsible
for the administration and functioning of the Malta Flag. During the
last 10-15 years the flag has grown in a steady pace and has
established itself as one of the eight largest registers in the
world.
In addition to its
renowned international ship register, Malta offers additional
services, including bunkering; ship supplies and towage services; ship
building and ship repair yards; modern facilities for transhipment and
distribution; a cruise liners hub; international yacht marinas; a very
successful and efficient Freeport and oil terminal; high level
training for officers and a very well respected nautical school.
Malta is committed to
continuous expansion as an international service centre. This is
evidenced by its sophisticated legal and financial regime, by the huge
investment in infrastructural services, and by the sheer determination
to succeed. This is manifested in the professionalism shown by the
government administration branch, as well as the highly trained
professionals who provide back-up services.
Chetcuti Cauchi Advocates advises and represents clients in matters dealing with
ship registration and finance, the sale and mortgage of vessels, charter-parties,
bills of lading and marine insurance. The firm acts in Malta for several of the
major London firms of solicitors & law firms which specialise in shipping matters and directly for owners and operators of vessels.
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