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Papilio Services Limited has been operating in Malta since 2012 and is able to offer a range of services within the spheres of corporate, tax, compliance and residency services in Malta. We are a trusted partner to international clients from all over the world looking to establish residency or business in Malta.

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As a leading corporate service provider, we develop and maintain business relationships with our clients by offering essential business support and corporate solutions and specialising in corporate, tax, residency and compliance.

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Malta Flag's Substantial Maritime Achievements In 2023–2024.

Malta Flag’s Substantial Maritime Achievements in 2023–2024

The 2023/2024 Flag State Performance Table, published by the International Chamber of Shipping (ICS), shows that Malta has again performed well in all categories evaluated. The research emphasises that most Flag States are showing positive trends that continue, with Malta at the forefront in terms of obligations concerning the environmental and safety performance of global merchant ships.

Key Points

Malta’s performance in the Flag State Performance Table and the document highlights the following key points:

  • Positive performance in port state control, as Malta is on the Paris MOU White List and the Tokyo MOU White List.
  • Compliance with safety requirements set by the United States Coast Guard, as Malta is on the USCG Qualship 21 list.
  • Adherence to international safety and pollution prevention standards through the ratification of key conventions such as SOLAS 74, MARPOL, and LL 66.
  • Compliance with international standards for seafarers’ training, certification, and working conditions through the ratification of the STCW 78 convention and the ILO MLC convention.
  • Acceptance of recognised organisations for the survey and certification of ships through the recognition of RO Code Recognised Organisations.
  • Active engagement in international maritime discussions and decision-making through participation in IMO Meetings and membership in the IMO Audit Scheme.

Flag State Performance Table Purpose

The Flag State Performance Table has two objectives:

  • Recommends shipowners and operators to thoroughly evaluate the substance of a flag State prior to selection.
  • Encouraging shipowners and operators to advocate for improvements in safety, marine environmental protection, and seafarer well-being with their flag Administrations.

For more details please refer to the full findings of the Shipping Industry Flag State Performance Table for 2023–2024.

These achievements reflect Malta’s commitment to upholding international maritime standards, ensuring safety, and promoting the well-being of seafarers. Should you require additional information, or if you are interested in discussing other particular circumstances, such as yacht importation, yacht ownership structure setup, or any other Yachting & Shipping Services, please get in touch with us to schedule a consultation.

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Papilio Services Limited

International Service Provider specialised in Corporate, Tax Compliance & Residence Solutions – Where Expertise Matters