Transport Malta reports a solid performance and strong improvement in ship and yacht registration in 2013 registering a growth of 13.6% equivalent to over 6million gross tonnes and a growth of 18% in yacht registration over the previous year.
Read moreDetailsMalta is on the list of the top 14 flags most frequently flown by ships involved in shady activities While Malta's shipping registry recently reached the significant milestone of having become Europe's largest, figures released this week show that ships flying the Maltese flag were also the most likely in Europe to be involved in the transportation of a range of destabilising commodities that, according to the Stockholm International Peace Research Institute, "threaten states and societies throughout the developing and developed worlds".In fact, figures published by the SIPRI this week show that for every ship on the Maltese register, there are likely to have been 3.5 incidents between 1991 and 2011 involving the shipment of destabilising military equipment and dual-use goods or narcotics transfers by sea. Dual-use goods are those that have both civilian and potential military applications, including in the development of weapons of mass destruction and missiles.Malta is one of three European states, along with Germany and Cyprus, on the list of the top 14 flags most frequently flown by ships involved in such shady activities on the high seas between 1991 and 2011.The Maltese flag's estimated involvement in such activities far outweighs those of Germany and Cyprus, ...
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