The Commissioner for Revenue has published guidance relation to the 2020 budget measures introduced regarding the withholding tax due on the assignment of rights acquired under a promise of sale agreement (ċessjoni ta’ konvenju). This measure is retroactively applicable in relation to any assignments made from 1 January 2020 and the relative legislation will be...Read More

The Constitutional Court in the case (Rikors numru 22/19 GM) Joseph Grima, Georgina Grima, u Doreen Grima v L-Avukat Ġenerali u Lawrence Aquilina u Iris Aquilina has decided on two appeals, one filed by defendants Aquilina and the other appeal filed by the Attorney General (today the State’s Advocate) following a decision of the First...Read More

The 25th of June marks the annual Day of the Seafarer.    Whilst keeping Seafarers in our thoughts, on this day more than ever, we must also promote what the 2010 resolution that adopted the Day of the Seafarer states.  The resolution “encourages Governments, shipping organizations, companies, shipowners and all other parties concerned to duly and...Read More

The tragedy that took place on a Colombian reservoir is made all the more poignant by the fact that it occurred on the Day of the Seafarer, an initiative adopted during the 2010 Diplomatic Conference in Manila to adopt the revised STCW Convention. Whilst applauding all the owners of leisure boats that rushed to help...Read More

In a bid to meet its obligations under the the 2014 EU Directive, Malta’s Energy and Water Agency has been awarded a €600,000 EU grant to explore the potential of have LNG as a marine fuel in Malta.  In accordance with the 2014 EU Directive, Member States have until 2025 to develop LNG refuelling infrastructure...Read More

Malta continues to be regarded as a strong and safe maritime jurisdiction and so far its efforts are reaping rewards as the Malta flag continues to be the largest maritime flag in Europe and the sixth largest maritime flag in the world. The constant growth of the Malta maritime flag speaks volumes. During 2017 Malta...Read More

Malta was elected to the Council of the International Maritime Organisation (IMO) for the 11th consecutive time. The IMO regulates the maritime sector within the United Nations. In this election, which took place during the 30th edition of the General Assembly of this same organisation in London, Malta was elected from amongst 20 countries in...Read More

The International Maritime Organisation (IMO) recently signed a new partnership agreement with the European Bank for Reconstruction and Development (EBRD), which practices in the maritime and port sectors and is experienced in supporting comprehensive transport related development activities. The purpose of this agreement is to help promote sustainable shipping through a range of safety and...Read More

By virtue of the legal notice 31 of 2020 Merchant Shipping (Shipping Organisations – Private Companies) Regulations (the “Regulations”), amendments have been made to the respective domestic law regulating shipping organisations. Please find hereunder a list with the amendments which are of significant importance: In accordance with the said amendments, shipping companies are obliged to...Read More

The COVID-19 pandemic has created an unprecedented crisis practically grinding the world’s economies to a halt and which in turn impacted the backbone of the world trade, the maritime industry. The impact on maritime business is wide-ranging. Lars Jensen, CEO of the Copenhagen-based provider of container shipping analysis SeaIntelligence Consulting estimated that 17 million TEU...Read More