Malta

Melita Marine Group

After two days of frank discussion and open debate, the inaugural <a href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Malta Superyacht Symposium - 2022">Malta Superyacht Symposium</a> came to a close yesterday with the remarks of the Hon. Dr Aaron Farrugia, Minister for Transport, Infrastructure and Capitol Projects. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/177297/image/large-4ff51ae22c14d07d35f77feae43d07b9.jpg" data-gid="gid://syiq/Photo/177297">The <a href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Malta Superyacht Symposium - 2022">Symposium</a>, hosted jointly by the Malta Chamber and the Malta Maritime Law Association, dug deep into the issues surrounding the island and its presence in the yachting industry. With obvious successes to be celebrated – more than 1000 yachts now flying the Malta flag for example, there was certainly a sense of celebration for efforts over the past decade.However, the talks, which covered refit, Malta as a yachting destination, regulation, crew, and the future of the island's industry, all came with their share of healthy debate, and a broad acceptance that the yachting community on the island needs to solidify its direction before it can move forward. This was, in crux, the purpose of the Symposium, which was witnessed by both Minister Farrugia and his opposition, Hon. Ivan Castillo of the Nationalist Party and the days ended with a clear commitment from all parties to continue the focused discussion toward impactful change. <img src="https://photo-assets.superyachttimes.com/photo/194257/image/large-00bc16a11385b6a6aecc9ce241f269d4.jpg" data-gid="gid://syiq/Photo/194257">With expert input from across the local industry, the voices of many experts were heard, from Pierre Balzan of <a data-gid="gid://syiq/Company/1872" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Melita Marine Group (Company)">Melita Marine Group</a>, Niki Travers Tauss of on behalf of <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a>, Dr Anthony Galea of MMLA to Dr Alison Vassallo of the Chamber, representing a breadth of the yachting industry.&nbsp;There were also a number of foreign speakers, with Massimo Perotti, CEO of <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>, delivering a powerful keynote speech on the need for unification in the industry, as well as sharing an insight into the innovation underway at the Italian shipyard. The voices of Lorenzo Pollicardo, Technical Director of <a data-gid="gid://syiq/Company/2589" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Superyacht Builders Association (SYBAss) (Company)">SYBAss</a> and Giorgio Gallo of <a data-gid="gid://syiq/Company/1457" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RINA (Company)">RINA</a> lent an international slant to the proceedings and brought the conversation into step with the wider yachting industry. <img src="https://photo-assets.superyachttimes.com/photo/170348/image/large-2e94f570c4952dbeee6e12732ce29763.jpg" data-gid="gid://syiq/Photo/170348">With a commitment to host a follow up Symposium next year, it will be interesting to hear about the discussions over the course of the past two days will lead to actioned change for the future of the island. One thing is for sure, the Maltese are ready to be advocates for the future of the industry and are eager to lead the charge when it comes to unification and sustainability.SuperYacht Times was welcomed to the event as Media Partner, and looks forward to a continued relationship with the industry on the island.&nbsp;

Malta Superyacht Symposium 

The first Malta Superyacht Symposium has drawn to a close, ending on a positive note and promises for change.

First Malta Superyacht Symposium ends on a positive note with momentum for change

<a data-gid="gid://syiq/Company/5560" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="PTW Shipyard (Company)">ptw Shipyard</a> now holds 100 percent of the shipyard’s shares – marking it sole owner of the facilities. The Spanish premium superyacht and refit specialist, has just purchased the owner's stake, which was previously held by <a data-gid="gid://syiq/Company/1872" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Melita Marine Group (Company)">Melita Marie Group</a>. <img src="https://photo-assets.superyachttimes.com/photo/219544/image/large-1e4fa0351ce0a410efd22e11218bef63.jpg" data-gid="gid://syiq/Photo/219544">“This takeover strengthens our position and allows us to be one of the few Spanish shipyards that offers its clients a fully integrated yacht refitting service, under one roof with its own highly qualified trades team and specialised departments,” Xavier Mercado, CEO &amp; Founder of <a data-gid="gid://syiq/Company/5560" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="PTW Shipyard (Company)">ptw Shipyard</a>, commented. “We continue to offer our clients all the expertise required for all aspects of a superyacht refit, delivered to the very highest quality standard in modern facilities.”<img src="https://photo-assets.superyachttimes.com/photo/219545/image/large-3cebfa8b62e2229f9fa36a43167114fd.jpg" data-gid="gid://syiq/Photo/219545"><a data-gid="gid://syiq/Company/5560" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="PTW Shipyard (Company)">ptw shipyard</a> is located south of Barcelona and sidles up against the deep water of Port Tarraco, in the port city of Tarragona. <a data-gid="gid://syiq/Company/5560" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="PTW Shipyard (Company)">ptw Shipyard</a> spans 15,000 square metres and can work on superyachts up to 120-metres in length. It is a one-stop shop for yacht maintenance and has five in-house teams with expertise in all five disciplines. The site is also home to two workshops dedicated to superyacht repair and maintenance and a travel lift that can carry vessels up to 300 tonnes.The Spanish shipyard is currently working on numerous projects, including two major refits that will see a new engine, new mechanics, and a fresh interior design. One of these projects is also being extended by approximately 1.5-metres and will have a larger upper deck and a new flybridge. These two yachts will showcase their new look at Monaco Yacht Show 2023. &nbsp;Also on the hard standing at <a data-gid="gid://syiq/Company/5560" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="PTW Shipyard (Company)">ptw Shipyard</a> is a commercial vessel that's being converted into a superyacht.<img src="https://photo-assets.superyachttimes.com/photo/219546/image/large-d47ba32ffe48967574fda09e0ed361bd.jpg" data-gid="gid://syiq/Photo/219546">RSM Legal Partner and M&amp;A Specialist, Victor Schrijner, said “this acquisition guarantees the company a sustainable future, giving <a data-gid="gid://syiq/Company/5560" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="PTW Shipyard (Company)">ptw Shipyard</a> founders full operational control so they can continue to expand their superyacht refit and repair business."

Ptw Shipyard buys 100 percent of shares of its business

Ptw Shipyard now holds 100 percent of the shipyard’s shares – marking it sole owner of the facilities. 

Ptw Shipyard takeover: Spanish refit specialist buys 100% of shares of its business

A W5.2 service on two main engines (20V1163TB93) of the 95 metre Indian Empress, was performed by the engineering team of Melita Power Diesel (a member of Melita Marine Group), within a record time frame of 7 weeks. <img alt="" src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/137705/image/large-6df7d8a387e51e8ced229fbb3b3c5b06.jpg" data-gid="gid://syiq/Photo/130337">A project of this magnitude has never been undertaken within such a short timeframe, however the combined efforts and dedication of all personnel involved made the imposed deadline and budgets achievable. "I would like to once again thank you and your team for the major effort of executing our speedy departure that would not have been possible without your invaluable background assistance and contacts. If not for you, I would probably still be waiting for completion of engine overhaul, bunkers and firearms. I’m very grateful for your help and cooperation, please convey my deepest respect for your team. Surely we will meet again in April when we return from Asia, meanwhile I hope you will have an enjoyably mild winter", said Jari Lindgren Captain of MY Indian Empress. Melita Marine Group +356 2133 0964 <a href="mailto:info@melitamarinegroup.net?subject=Melita%20Marine%20Group%20on%20SuperYachtTimes.com">info@melitamarinegroup.net</a> <a target="_blank" href="http://www.melitamarinegroup.net">www.melitamarinegroup.net</a>

Indian Empress completes engine refit in Malta

The 70 metre Lürssen superyacht Martha Ann, has awarded Melita Marine Group as their facility of choice and is undergoing a paint job plus regular maintenance. With the use of the Palumbo Malta Superyacht facility, together with Melita Marine experienced craftsmen and skilled workers, Martha Ann is being prepared for the coming charter season within a four month time frame. <img alt="" src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/137539/image/large-3aad19b683b6d8914d7e69edd6c607d0.jpg" data-gid="gid://syiq/Photo/137539">Works carried out will include regular annual yacht maintenance, overall painting, new construction of cabin, upholstery and engineering works. "This is Martha Ann's second visit to Malta with Melita Marine and I am glad to say we will be back next year again.’’said captain Zak Matten Melita Marine Group +356 2133 0964 <a href="mailto:info@melitamarinegroup.net?subject=Melita%20Marine%20Group%20on%20SuperYachtTimes.com">info@melitamarinegroup.net</a> <a target="_blank" href="http://www.melitamarinegroup.net">www.melitamarinegroup.net</a> Palumbo Malta Superyacht +39 081 287 164 <a href="mailto:info@palumbomsy.it?subject=Palumbo%20yard%20on%20SuperYachtTimes.com">info@palumbomsy.it</a> <a target="_blank" href="http://www.palumbomsy.it/">www.palumbomsy.it</a>

Refit of 70 metre superyacht Martha Ann at Melita Marine Group

At the recent MYBA Genoa Charter Show, Melita Marine showcased the latest addition to their charter fleet, M/Y Sundene. The 24.50 metre Sundene was built in Taiwan in 2002 and is powered by twin Caterpillar engines.<img alt="" src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/127710/image/large-ca737650cbf3b10017ff3dfe25c207db.jpg" data-gid="gid://syiq/Photo/127710">Her spacious and inviting aft deck area creates the perfect setting to absorb beautiful surroundings. Ideal for al fresco dining at anchor or a lazy mid-morning brunch whilst sitting comfortably beneath the abundant shaded area.<img alt="" src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/127711/image/large-885a1011950fd9d8e0e605fbb73c7f01.jpg" data-gid="gid://syiq/Photo/127711"><a data-gid="gid://syiq/Yacht/3319" data-legacy="true" href="#managed-by-application">Sundene</a>’s incredibly generous volume is apparent from her elegant main saloon and dining area. Her panoramic windows offer stunning views out onto the azure sea and beyond.<img alt="" src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/127712/image/large-df9fb1ef754b7a66ada73510dfe00fef.jpg" data-gid="gid://syiq/Photo/127712">The yacht’s three double ensuite staterooms are located on the lower deck where the Master Cabin enjoys full beam width and ‘his and her’ bathroom facilities. Television and DVD facilities are available in all cabins, which are each uniquely designed, creating a warm and totally luxurious atmosphere.<img alt="" src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/127713/image/large-772b36ba59957f46243a8b1c1cf9ba8d.jpg" data-gid="gid://syiq/Photo/127713"><a data-gid="gid://syiq/Yacht/3319" data-legacy="true" href="#managed-by-application">Sundene</a> is based in the Mediterranean and will be available from EURO 25,000. Captain Phillip Webb and his crew are looking forward to welcoming you onboard.