The second edition of the Malta Maritime Summit will be held from 1st to 5th October 2018.
The theme of this summit, which will be held from 1 to 5 October 2018, will be ‘The Voice of the Industry’, addressing themes such as logistics, security, finance, digitalisation, sustainability and Brexit.
This year, the five-day summit will dedicate an entire day to the yachting and maritime tourism industry, a key theme for Malta’s economy.
Summit organiser John Gauci-Maistre explained how the previous edition was substantially formative to the priorities of the 2017 Maltese Presidency of the Council of the European Union.
He described the maritime industry as one which continuously evolves and therefore requires extensive consultation as well as continuous dialogue. Mr Gauci-Maistre said that this year’s summit would present a unique opportunity for important maritime executives from around to world to discuss and analyse EU maritime policy and its global impact, while giving due importance to the Valletta Declaration and its contribution to the industry.
He also described Malta as a key participant in the maritime world, which was achieving success year after year.
Minister for Transport, Infrastructure and Capital Projects Ian Borg said the summit was another initiative which would continue to consolidate Government’s aim of establishing Malta as a centre of maritime excellence.
Dr Borg said that Malta has the best potential of being a Mediterranean centre of maritime excellence, both because of its geographical position and its natural ports, as well as its legal and fiscal regime.
He said that the European Commission’s approval of the Maltese tonnage tax scheme near the end of 2018 gave more fiscal advantages and peace of mind to all those owners of vessels registered underneath the Maltese flag, and was expected to draw more investors. The Minister also referred to the memorandum of understanding signed between Transport Malta and the Malta Maritime Forum to strengthen dialogue with the industry.
Dr Borg explained the positive achievements made by the maritime sector. In 2017, the register saw a growth of over 8 per cent, which means that Malta now has over 75.2 million gross registered tons, while the Flag registered an increase of over 19.5 per cent in super yachts. The Minister said that over the span of five years, more than 2,000 merchant ships had been registered underneath the same flag.