Shipping & Maritime Law Newsletter, Issue No 19

    shipping and maritime law newsletter issue number 19. in this issue we report on transport malta's recent announcement on the increase in Mercantile vessel registration in Malta and the malta Freeport recent edition of the fourth query to its terminal facilities moreover we report on malta's recent initiative to maximize its Maritime potential in light of the integrated European marijuana policy and the malta Maritime Forum in this issue we also report on recent legal updates including the entry into force of the mrv regulation in conjunction with the illegal updates we also report on all the recently issued MSD Technical and shipping notice Malta Freeport proof of malta's commitment as an international hoop for the transshipment of cute Malta Freeport announced that it recent edition of a Ford query to its terminal facilities such investment was made in order to address the needs of shipping line calling to Malta now making use of ever larger container vessel this crane are built in by zpmc in Shanghai and have an Outreach of 72 measure a capacity of 85 toners a lifting hay under spreader above rail of 54 meter and are capable of handling twin leaves breeders moreover the new Quay crane are equipped with the latest technology according to Malta Freeport search investment has made the Freeport in Malta as the only Hub in the Mediterranean capable of handling 18 000 teu over the two birth the acquisition of such crane was anticipated by infrastructural work in the Freeport area made to end sure that the nuclei crane will be able to operate alongside the overall length of the Quay this is proof of malta's commitment toward the maritime industry with the diversification of investment that range from the provision of legal services to ship owners and credit institutions onto ancillary facilities such as ship management ship maintenance and transshipment of good increase in mercenile vessel registration in Malta transport melta 

    The Authority responsible for the register of ship in Malta has registered a considerable increase in the number of Mercantile vessel registered over the past year the ship registry in fact announced that by the end of August of this year 7 000 Mercantile vessels were on its registry flying the Maltese flag with a gross Stone Age of over 62 million the feature marks an increase of 6.8 percent when compared to the same period last year this announcement maintained malta's reputation as a maritime herb with the island increasingly attracting investment to this booming sector and further confirmed the positive performance of 2014 which made Malta reach the sixth worldwide ranking will spur the consolidating its position as the largest register in Europe in fact at the end of December 2014 the registered growth Stone Age under the merchant shipping Act was 57.9 Million gross tons today the malta register has also become a world leader in commercial yacht registration where Malta has also registered positive results despite the current financial situation worldwide during 2014 the melta flight registered an increase of 13.6 percent over the previous year in the registration of super yacht of over 24 meters in line as of the end of December 2014 the super Dutch played flying the conspicuous multis cross worldwide was 452 an integrated Maritime policy toward maximizing malta's blue economy the Mediterranean Sea is the central herb for maritime activity and Malta being in the center of the Mediterranean benefits greatly from this currently malta's Maritime activity translate into employment of more than 20 000 people and a structuring 11 of the island GDP from a Layman point of view this number are impressive however an integrated Maritime policy will give melted the necessary tools to maximize its Maritime potential in 2006 the European Union launched its integrated European Maritime policy which covered Maritime transport the competitiveness of marine business employment in the Marine sector scientific research and production of the married environment in 2012 the EU identified five areas of blue growth in order to stimulate a long-term plan for the creation of job there are blue energy aquaculture Maritime Coastal and cruise tourism Marine mineral resources and finally blue biotechnology in light of this realization Malta is now taking the necessary step to ensure 

    the foreign businesses are enticed to invest in Maldives Maritime sector parliamentaries secretary for combativeness and economic growth Dr Jose Herrera was recently launched Malta maritima a public private partnership in aim at as the Blazing Malta as the center of excellence in the maritime sector this will bring the government closer to the maritime industry and be the Catalyst for big companies to reach higher level of excellence in the sector this will allow Malta to further develop and Implement its integrated Maritime policy the national integrated Maritime policy has the objective of establishment the igl business environment for blue economy and blue job the blue growth areas on which to focus are aquaculture Coastal tourism Marine biotechnology ocean energy seabed mining Maritime transport Maritime Financial Services shipbuilding and repair fisheries and the oil and gas industry it is clear that if Malta wants to make the next step in its speed to become one of the leading jurisdiction in the maritime sector it must look toward the areas mentioned above the task is daunting however Malta has the necessary expertise in the sector to start expanding its Maritime in the first Malcolm Maritime Forum centralizing malta's Maritime Ivor for a long time there has been the feeling that Malta requires a common platform to coordinate effort in relation to the aspiration and challenges faced by the sector that make up malta's Maritime industry whereas certain Maritime sector are very well represented there has never been a holistic approach in order to view Maritime issues from a more broader perspective the main objective of the mountain Maritime forum is to provide a platform for the local Maritime industry to promote existing Maritime services and to exist in the development of new Maritime activities The Forum aims also at promoting research education standard and training within the Maltese Maritime industry acting as a constituted body to consult and be consulted by government in the development of public policies that can help a bearing on the Maltese Maritime industry thank you