Yachting Malta marks six years since its official launch with a look back at what its work has delivered for the sector.
A stronger community
Yachting Malta’s efforts to build a sense of community in the industry have begun to pay off, and the pandemic, if anything, strengthened it. Ongoing talks with the authorities and practical help across the sector continue to build a unified voice that makes itself heard.
Sustainability guidelines
With 11th Hour Racing, Yachting Malta launched a three-year Sustainability Plan to eliminate single-use plastic from yachting activities, use less paper and choose useful, recycled promotional materials. Its first steps were reverse osmosis water plants in every sailing club and reusable bottles for sailors.
Long-term investment in events and clubs
Yachting Malta has backed the Rolex Middle Sea Race Coastal Race, the Euromed International Regatta, the Bailli de Suffren, the Beneteau Rendez-vous, the Birżebbuġa International Regatta and Voomquest. With the Ministry for Transport, Infrastructure and Capital Projects it donated 14 sailing boats to the national team and local clubs, and it has funded improvements at Vikings Sailing Club and Birżebbuġa Sailing Club.
Superyachts and the economy
The global superyacht industry turns over around €24 billion a year, and Malta’s register is the world’s largest for superyachts. Yachting Malta continues to support the Superyacht Industry Network Malta at the Monaco and Cannes shows, and commissioned the Economic Impact Assessment of the 2019 Rolex Middle Sea Race as a benchmark for the sector.
