AGP Executive Report
Last update: 8 hours agoClean Energy: Malta’s second electricity interconnector cable has completed factory testing and is due to arrive in December, with laying planned to start that month on the 100km route to Sicily. Ports: Transport Malta’s new shore-power agreement with Norwegian Cruise Line will let its ships switch off engines in port; a Caribbean delegation also visited to study the Grand Harbour system. Advanced Manufacturing: Mega Windforce, Gimas and Baltico are exploring a production facility in Malta or Türkiye for carbon-fibre wind turbine components. Business: More than 50 Maltese startups have received €15 million in support, while Malta-headquartered Catena Media expects third-quarter revenue to fall 29% and has withdrawn its 2026 growth target. Trade and Shipping: Malta has warned that escalating Gulf conflict and disruption to routes through Hormuz, the Red Sea and Suez threaten Mediterranean trade and the economy.
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