MALTA has emerged as the European Union's leading shipping registrar and the sixth largest in the world, after the nation's shipping register expanded by 8.3 million tons of ships and super yachts last year, representing an increase of 14.3 per cent over 2014, to bring the total tonnage to 66.2 million tons.
These are record figures for the Maltese flag, with 900 added over the past year, reported Malta Today.
"Malta has also continued to consolidate its positive results in terms of its technical performance, reinforcing the quality of its registered fleet and its firm commitment towards safe, secure and clean shipping," Transport Malta said.
"This is also a result of the drive by the Maltese shipping community to attract more young and innovative tonnage to the fleet," TM said.
The average age of merchant ships registered under the Merchant Shipping Act during 2015 was 6.7 years, decreasing the average age of the entire registered merchant fleet to 12 years.
WORLD SHIPPING
19 February 2016 - 21:05
Malta 2015 ship register up 14pc, tops all in EU with 66 million tons
MALTA has emerged as the European Union's leading shipping registrar and the sixth largest in the world, after the nation's shipping register expanded by 8.3 million tons of ships and super yachts last year, representing an increase of 14.3 per cent over 2014, to bring the total tonnage to 66.2 million tons.
WORLD SHIPPING
19 February 2016 - 21:05
Malta 2015 ship register up 14pc, tops all in EU with 66 million tons
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