Key Market Indicators
The Maltese vessel fleet is projected to expand significantly, reaching approximately 55,600 units by 2028. This marks an increase from around 43,700 units in 2023, reflecting an average annual growth rate of 3.8%. Since 2008, Malta's supply of vessels has seen a consistent year-on-year growth of 9.8%, showcasing the country's strong maritime development. In the 2023 rankings, Malta secured the 11th position. France led slightly ahead with 43,670 units. Italy, Denmark, and Croatia occupied the second, third, and fourth spots respectively in this maritime ranking.
