Transport Malta has reported record figures in ship and yacht registration in 2013, registering a growth of 13.6% equivalent to over 6 million gross tonnes and a growth of 18% in yacht registration over the previous year.
As at the end of December 2013, the registered tonnage of ships registered under the Merchant Shipping Act exceeded the 50million gross tons for the first time ever, totalling 51.8 million gross tons. In the yachting sector, the Malta flag registered an increase of 18.1% over the previous year in the registration of superyachts of over 24 metres in length. As at the end of December 2013, the superyacht fleet flying the Malta flag worldwide was 398.
These figures strengthen Malta’s reputation as a centre of maritime excellence and further consolidate Malta’s position as the largest merchant flag in the European Union and the seventh largest worldwide.
The official Transport Malta news release can be accessed on this link.