Why the Monaco Yacht Show matters to Malta’s yachting industry

After an absence in 2020 and a restrained edition in 2021, the Monaco Yacht Show returned in full splendour at the end of September, and a sizeable Maltese delegation was there to showcase the islands’ yachting and maritime industries.

Malta has become Europe’s largest superyacht jurisdiction, and the many Maltese-flagged superyachts lining Monaco’s quays were a source of real pride. “The fluttering of the many Maltese maritime ensigns with the emblematic eight-pointed cross is a sight to behold,” said Michael Mifsud, Chief Executive Officer of Yachting Malta.

The show also fits the work on Malta’s new superyacht policy, launched by Minister Aaron Farrugia at the recent Malta Superyacht Symposium, which aims to harness the industry’s full economic potential, well beyond registrations and fiscal incentives.

Malta’s maritime story runs much deeper than the 1973 Merchant Shipping Act that created the Maltese flag. Its natural harbours and skilled, bilingual workforce long made visiting yachtsmen feel at home, and the Monaco show remains a key stage for that reputation.

Published in the emvigee newsroom. Press enquiries and photo requests: [email protected]

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