The third Malta Maritime Forum Progress Meeting took place at the Maritime Museum in Birgu today, and our CEO Stephen Colville was invited to give a talk on the latest news and developments from the Mediterranean Maritime Hub and MMH Ltd.
Stephen’s presentation also focused on the changes that the marine, gas and oil industries will be required to face in the near future, and on his vision for identifying and seizing the new business opportunities. He told how the Mediterranean Maritime Hub’s strategy is focused on providing clients with maximum operational optionality and flexibility as “that is how the industry will best manage risk, increase efficiency and reduce costs”.
Stephen explained further that the Hub will be a unique single-site, operations and supply chain support base dedicated to meeting the future needs of the industry. “We are not trying to create old style support bases that evolved to deliver what the industry wanted yesterday,” he said. “On the contrary, we are building a new model that will provide exactly what the industry needs today, and in the future.”
Forum members strongly agreed that Malta’s continued success as a maritime nation depended on Malta becoming a regional destination of choice for facilities and services. Stephen pointed out that achieving this was directly linked to Malta broadening and deepening its offering right across the supply chain, in capability and capacity.
Stephen identified the Forum as a perfect vehicle for cross industry collaboration in identifying ways for the industry to work smarter, actively seeking out ways to work differently and to work better and cited the Mediterranean Maritime Hub as a key example in how to make it happen in practice.