Malta Flag new guidelines for private yachts

Malta Flag new guidelines for private yachts | Ship registration expertise

Malta Flag new guidelines for private yachts

New guidelines introduced by Transport Malta allow private superyachts over 500gt, flying the Malta flag, to carry more than 12 guests on board.

Malta’s strategic location in the middle of the Mediterranean Sea and a stronghold of Maritime tradition offer superyacht owners natural harbours, skilled workforce, and up-to-date facilities that will meet every high net worth individual’s needs when berthing their sea vessel.

Up to now, private yachts were not able to accommodate more than 12 guests onboard unless they were registered with a Red Ensign flag.

Malta’s has a long tradition in the Maritime industry that has led to the establishment of a reputable Malta flag. This offers Superyacht owners a viable and advantageous jurisdiction to register their vessels that is based within the European Union.

Therefore, the new guidelines introduced by Transport Malta allow a solution to private and commercial superyachts with regards to the carriage of more than 12 passengers on board.

The Malta Flag new guidelines for private yachts allow superyachts over 500gt to carry more than 12 guests

The “Guidelines for Pleasure Yachts Carriage Capacities” allow superyachts to qualify under the following criteria:

• Superyacht must be over 24m (not navigating beyond 150nm from safe haven)
• Be in possession of the necessary stability booklet;
• Comply with the Maltese Commercial Yacht Code;
• Comply with all applicable international conventions;
• Carry appropriate safety equipment depending on the expected persons on board; and
• Have a crew compliment in line with the commercial yacht code.

The new regulations do not strictly fit the 500gt category but also allows for the possibility of similar size superyachts being able to benefit from the above guidelines.

As Malta Maritime specialists, we can assist further on your behalf and advise accordingly.