The number of yachts over 24m in length, or superyachts, registered in Malta now numbers over 1,100, as compared to 1,030 last year.

At the end of August, there were 383 commercial yachts and 724 private yachts longer than 24m on Malta’s Merchant Ship Registry.

These statistics were provided by Transport Malta.

Alison Vassallo, partner at Fenech & Fenech Advocates and chairperson of the Yachting Services Business Section within The Malta Chamber, commented:

“Today Malta is an undisputed world leader in the registration of superyachts and the largest European flag.

“Added to this are the legal protection afforded to financiers, effective tax structuring options, a solid legal system and streamlined importation procedures. These are complemented by the excellent marina, refit, chandlery, and agency services offered to yachts physically calling at our shores.”


cash money euro

Using euro banknotes for a year ‘equivalent to driving a car for 8km’

December 11, 2023
by Robert Fenech

Environmental impact of banknotes equal to ‘negligible’ 0.01% of average European citizen’s total

KM Malta Airlines says it received over 122,000 bookings in its first week

December 11, 2023
by Helena Grech

It has now launched a website and is also taking bookings through the digital platform

Malta online casinos: A journey through the iGaming universe

December 9, 2023
by BN Writer

The past few years have seen a dramatic increase in the number of online casinos