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Shipping

Another Successful Private Sale of a Vessel in Malta by Court Approval

Authors: Jotham Scerri-Diacono
Published on June 27, 2019
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Practices: Admiralty & Maritime Litigation, Shipping sale, purchase & charterparties
Malta continues to attract vessels to its shores for court-approved sales. Following closely last year’s judicial sale of the 100 meter super yacht m.y. Indian Empress, the m.v. HHL Rio de Janeiro, a specialised heavy lift vessel, sailed into Maltese waters for her sale by private treaty. The sale was instigated by the enforcing mortgagee. Having considered the market value of the ship, the Court proceeded with its decision of the 29 May, 2019, in the proceedings in the names “J. Scerri-Diacono nomine versus m.v. HHL Rio de Janeiro”, to approve the sale.

Commercial Yacht Registration in Malta

Authors: Jotham Scerri-Diacono, Jan Rossi
Published on September 29, 2017
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Practices: Ship Registration, Yacht & Superyacht Registration
Malta is rapidly becoming a flag of choice for yacht and superyacht owners. There are now over 500 superyachts greater than 24 metres in length flying the Malta flag, with the number of registered yachts increasing profoundly when yachts smaller than 24 metres in length are taken into consideration.

L.N. 210 of 2016: Reflecting current administrative practices in the Merchant Shipping Act

Authors: Jotham Scerri-Diacono
Published on July 7, 2016
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Practices: Ship Registration, Shipping sale, purchase & charterparties, Yacht & Superyacht Registration
After taking into consideration a number of proposals made by the local flag administration and the importance to remain competitive in such an important industry, a number of amendments have been put forward to the Merchant Shipping Act (MSA), Chapter 234 of the Laws of Malta which, essentially, clarify a number of ambiguities which existed and also reflect current administrative practices.

Legal Notice transposing 2014 Maritime Labour Convention amendments published in Government Gazette

Authors: Jotham Scerri-Diacono
Published on December 5, 2016
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Practices: Ship Registration, Shipping Compliance
On the 25th of November 2016, Legal Notice 390 of 2016 titled the Merchant Shipping (Maritime Labour Convention) (Amendment) Rules 2016 (hereinafter ‘the Amendment Rules’), was published in the Government Gazette. The Amendment Rules are to be read and construed as forming part of Legal Notice 145 of 2013 i.e. the Merchant Shipping (Maritime Labour Convention) Rules (hereinafter ‘the Rules’), and successfully transpose into Maltese law the 2014 Amendments to the Code of the Maritime Labour Convention (‘the ILO Amendments’) issued by the International Labour Organisation (ILO).

Malta hosts its first ever Maritime Summit

Authors: Jotham Scerri-Diacono, Rachel Genovese
Published on December 6, 2016
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Practices: Ship Finance & Mortgages, Ship Registration
With a maritime culture and industry steeped in history, an ever growing global maritime presence and its upcoming tenure of the presidency of the Council of the European Union in January 2017, Malta successfully hosted the first Malta Maritime Summit, in Valletta, between the 3rd and the 6th of October. Together with a number of international and Maltese stakeholders, GANADO Advocates participated in the Summit and shared its views on a number of topics.

Malta’s ship registration potential – law as means to an end

Authors: Jotham Scerri-Diacono
Published on May 8, 2014
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Practices: Ship Registration, Shipping sale, purchase & charterparties
This paper is intended to explain how law can serve as a means to an end and a successful one at that. Apart from presenting the reader with a cursory view of the law regulating ship registration in Malta, the authors have also strived to illustrate how the law assisted in making the Maltese merchant fleet a force to be reckoned with.

Malta’s relationship with The Ballast Water Convention: Blessing or Curse to the Shipping Industry?

Authors: Matthew Attard
Published on August 4, 2015
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Practices: Shipping Compliance
The International Convention for the Control and Management of Ship’s Ballast Water and Sediments (BWM) is expected to enter into force in the near future, as it is very close to obtaining the percentage approvals by States and the representation of the world Merchant Tonnage.

The IOPP Renewal Survey and the Ballast Water Management Convention – In practice

Authors: Calvin Calleja
Published on September 14, 2017
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Practices: Environment & Planning, Ship Registration
Prior to the entry into force of the IMO Ballast Water Management Convention (hereinafter referred to as the “BWM Convention”) on the 8th of September 2017, a recent development that had emerged was the issue of the International Oil Pollution Prevention (hereinafter referred to as “IOPP”) certificate de-harmonisation with respect to the various key certificates of a ship.

The Malta flag: shipping funds and sale and leaseback transactions

Authors: Jan Rossi, Ilias Theocharis
Published on October 2, 2019
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Practices: Ship Finance & Mortgages, Shipping sale, purchase & charterparties
The popularity of sale and leaseback transactions is now evident to whoever is involved in the shipping industry. In the current global ship finance scenario, financiers and ship-owners now appear comfortable in selecting this method of finance for maritime assets.

The MRV Regulation and reductions in greenhouse gas emissions – As it’s happening

Authors: Calvin Calleja
Published on September 15, 2017
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Practices: Environment & Planning, Ship Registration
The imposition of new environmental obligations on Maltese ships, shipowners, and ship operators was perceived as a double-edged sword for its affected subjects. While the European Union Regulation 2015/757 augured well for a reduction in greenhouse gas emissions, the competitiveness of those in the EU industry, compared to their non-EU counterparts, was thrown open to debate. For this reason, the EU and its Member States are lobbying for a global approach to combat greenhouse gas emissions. Various strides have been made in this regard spearheaded by the Marine Environment Protection Committee (MEPC) within the IMO. However, for the time being, the Regulation may be lauded as a step in the right direction.

The Shipping industry on a tight rope after Brexit

Authors: Jotham Scerri-Diacono
Published on July 8, 2016
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Practices: Admiralty & Maritime Litigation, Ship Finance & Mortgages, Ship Registration, Shipping sale, purchase & charterparties
In a historic vote held on the 23rd of June 2016, the people of the United Kingdom went to the polls in order to determine the faith of their country’s membership within the European Union. In an unprecedented, albeit expected result, 52% of those eligible voters opted for ‘Brexit’ meaning that for the first time in the history of the European Union, a member state will be triggering Article 50 of the Treaty of the European Union (TEU) and commence the withdrawal procedure from the Union.
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