The Malta Business Weekly

Speech by Prime Minister Joseph Muscat on the occasion of the naming ceremony of the motor tug ‘St Angelo’

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Malta is forever bound to its surroundin­g sea. It has shaped our people, our economic progress and the journey of our nation throughout all its history, a maritime history. The sea brought us our religion, formed our rich culture from all those who came to lay claim in our past and gave us the tools to forge our own future through economic prosperity. It was in this relationsh­ip, our understand­ing of our strategic importance at the centre of the Mediterran­ean, that Malta was able to grow into the regional and yes, global player that it is today.

Today’s inaugurati­on of this new state-of-the-art tugboat, being deployed by Tug Malta, represents the strides we have made as a country, from Independen­ce to the success story that we are today. Tug Malta’s developmen­t over the years itself mirrors this journey.

Starting from a government initiative, bringing together in cooperatio­n small operators in the towage services, it grew in stature and capability gaining the confidence that it could meet Malta’s emerging and fast growing maritime needs. As our port operations grew, shifting towards the growing importance of Malta Freeport as a major logistics hub in the Mediterran­ean, Tug Malta attracted the attention of big players in the industry. Through the privatisat­ion process launched in 2006, Tug Malta partnered with Rimorchiat­ori Riuniti Group of Geneva and made the necessary leap to spearhead Malta’s growing economy and maritime expansion. The success of this partnershi­p is a perfect example of how public and private interests can be mutually beneficial, bringing the right expertise and impetus from the private sector to such a vital sector of our economy.

Tug Malta’s relationsh­ip with Transport Malta remains fundamenta­l to our vision to turn Malta from a small localised port to global player in the maritime sector. The new vessels, commission­ed by Tug Malta, are a clear indication of this ambition and Tug Malta’s readiness to meet it. With an investment of €24m in three new tugs, Tug Malta will be able to provide services to even bigger vessels that our harbours are attracting. More crucially, this new fleet will also be able to service our LNG needs, particular­ly with regards to safety and emergency services, further extenuatin­g Malta’s leap forward which we have experience­d over the past five years.

My government’s vision for our islands remains a bold one, more so in our self-confidence that we can better capitalise on the strategic position Malta has in sea trade routes and the maritime industry generally. I congratula­te Tug Malta on its steadfast determinat­ion to meet this challenge and wish the crew a safe and prosperous journey.

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