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Bunker supplier Peninsula Petroleum will expand its operations to Malta in late-December, backed by exclusive bunker tankers and reliable cargo sourcing.

The Shipping Ministers of Greece, Cyprus and Malta have called on the European Union to cut red tape holding back growth in the sector, which they say provides 2.1m jobs and $168bn to Europe’s economy.

Bumi Armada's LNG FSU, Armada LNG Mediterrana, has achieved its first LNG in Malta, marking the start of a successful foray into the market, it said in an announcement.

The flag of the tiny Mediterranean island of Malta at the dawn of 2016 was flying over the stern of ships of some 66.2m gt, 14.3% more, 8.3m gt than at the beginning of 2015.

Palumbo Shipyard Malta says it has been approved by GTT to carry out repairs to LNG carriers equipped with the French company’s liquefied natural gas containment systems, effectively all vessels of the membrane-type.

Drydocks World (DDW) has been contracted to provide two new jack-up drilling rigs for Malta Oil and Gas for an undisclosed sum.

With the blame game getting in to full swing in Cyprus, as to what caused the economic mess which very nearly bankrupted the small Mediterranean island, president Nicos Anastasiades has vowed no one will escape investigation.