An amendment to Section 37 of the Merchant Shipping Act deals with the power of the courts to prohibit transfers of vessels registered in Malta. The new law limits the remedy of a 'no dealings' order to a person having a claim concerning a right in or over a ship.
Amendments to the Merchant Shipping Act introduce shipping organizations that will enjoy fiscal concessions. This is an interesting new feature, targeting a possible new development: the establishment of ship management companies in Malta.
A new shipping act permits foreign companies to register ships in Malta. The act also legislates for employment standards and introduces the concept of shipping organizations.