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Shipping & Yachting

Mamo TCV Advocates participates in the Society Education Annual Conference on Aspects of Maltese Company Law
Shipping & Yachting

Introducing Maritime and Aviation Cell Companies to Malta

Dr Ingrid Fenech participated in the Society Education Annual Conference on Aspects of Maltese Company Law held on 29th November, where she delved into the recent amendments to the Companies Act introducing the notion of cell companies carrying on or engaged in shipping or aviation business. With this introduction into local law, the shipping and aviation sectors in Malta now have an effective tool with which to segregate and protect the cellular and other assets of the company from the core cell company and from other individual cells, allowing for the structuring and ring-fencing of each cell. During the seminar,…
Mamo TCV Advocates
7th December 2022
Mamo TCV Shipping & Yachting
Shipping & Yachting

Making Malta a Coveted Superyacht Hub – The Way Forward… Exploring the industry at the Malta Superyacht Symposium

Malta has, over the past years, attracted a number of the world’s largest superyachts to its shores by offering good marina services and a number of ancillary facilities such as technical assistance and repairs, boat hoists and bunkering services. However, what does it really take to transform Malta’s reputation in the industry from one ideal for maintenance and refit facilities, to a location specifically chosen by superyacht owners and captains for its beauty and its ability to serve as a potential spectacular stop-over during regular charters? With the yachting season in Europe at its peak period, there is no better…
Ingrid Fenech
15th July 2022
NewsShipping & Yachting

Mamo TCV participating in Malta Superyacht Symposium

Dr Nicholas Valenzia, Dr Ingrid Fenech and Ms Alexia Pollacco will be attending the Malta Superyacht Symposium, which will be held on the 6th and 7th July. This event is being organised by the Malta Chamber and the Malta Maritime Law Association with the aim of providing a platform for local professionals and stakeholders to discuss and analyse the Maltese superyacht industry together with the international yachting community. The speakers and attendees of the Malta Superyacht Symposium, coming from various sectors of the industry, will be debating innovative ways how to build on Malta’s position as a leading yachting jurisdiction,…
MamoTCV Advocates
4th July 2022
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AviationShipping & Yachting

Segregated Cells in Aviation and Shipping Companies

Pursuant to amendments to the Companies Act, the Companies Act (Shipping and Aviation Cell Companies) Regulations (the "Regulations") allow for the incorporation of cell companies that conduct shipping or aviation business. The Regulations also allow for the conversion of an existing company that conducts shipping or aviation business into a cell company. To understand what is meant by shipping or aviation business, please click here.A cell company may create one or more cells within itself for the purposes of segregating and protecting cellular assets. Each cell has distinct assets and liabilities and can therefore be used to carry out separate…
Joshua Chircop
29th April 2021
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AviationShipping & Yachting

Cell Companies in Shipping and Aviation Business

This article was written by Dr Nicholas Valenzia and Dr Joshua Chircop.Amendments have been made to the Companies Act allowing for the introduction of regulations regarding Cell Companies carrying on or engaged in Shipping or Aviation Business (the "Regulations").The RegulationsThe amendments have introduced a new article to the Companies Act, which gives the authority to the Minister responsible for the registration of commercial partnerships (the "Minister") to make the Regulations. The Regulations are expected to be promulgated under Maltese law imminently.The Regulations are expected to provide for the formation, constitution, authorisation and regulation of Cell Companies carrying on or engaged…
Nicholas Valenzia
15th May 2020