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European Commissions Releases FAQs on Notification and Authorisation of Tanker Sales
Corporate and M&A

Sanctions 7: European Commission Releases FAQs on Notification and Authorisation of Tanker Sales

Following from the recent geopolitical developments in Ukraine, there has been a heightened interest in international sanctions. Through this series of articles, we aim to provide a general overview of the notion of sanctions, consider the local framework through which sanctions function in Malta, illustrate the general obligations which subject persons are required to observe vis-à-vis sanctions and discuss a general overview of the sanctions imposed by the EU against Russia. In this seventh article, we shall consider the salient aspects of the guidance provided by the European Commission from these frequently answered questions. The European Commission has issued a…
Zachary Galea and Edmond Zammit Laferla
10th April 2024
NewsShipping, Yachting and Transport

Mamo TCV Participates in Malta Shipping Symposium

Partner Dr Nicholas Valenzia and Associates Dr Aleandro Mifsud and Dr Alexia Pollacco attended the Malta Shipping Symposium which took place on the 30th of May 2023 at the Malta Chamber of Commerce. The event was organized by Transport Malta, the Ministry for Transport, Infrastructure and Capital Projects, the Malta Maritime Law Association and the Malta International Shipowners Association. The symposium celebrated the 50th anniversary of Malta’s Merchant Shipping Act bringing together numerous stakeholders from the local and international shipping industry and provided a forum for discussion on Malta’s past achievements in the sector and the potential for future growth.…
Mamo TCV Advocates
31st May 2023
Call for evidence on Block Exemption for liner shipping operators
Antitrust, Competition and TradeLegal Updates

Call for Evidence on Block Exemption for Liner Shipping Operators

The European Commission has opened a call for evidence until 3 October 2022 with regards to the “Consortia Block Exemption Regulation”. This block exemption allows liner shipping operators to cooperate in the provision of services. The block exemption will expire on 25 April 2024. The call for evidence is intended to assess how well the block exemption has functioned since it was last extended in 2020. The call for evidence may be accessed here : https://ec.europa.eu/info/law/better-regulation/have-your-say/initiatives/13519-EU-competition-law-evaluation-of-the-Consortia-Block-Exemption-Regulation_en Disclaimer: This document does not purport to give legal, financial or tax advice. Should you require further information or legal assistance, please do not…
Mamo TCV Advocates
29th September 2022
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AviationShipping, Yachting and Transport

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