Division 1 Malta commits to specifically exclude from the operation of tonnage tax the following vessels:

Fishing and fish factory ships;

Private yachts and ships used primarily for sport or recreation;

Fixed offshore installations and floating storage units;

Non-ocean-going tug boats and dredgers;

Ships whose main purpose is to provide goods or services normally provided on land;

Stationary ships employed for hotel and or catering operations (floating hotels or restaurants);

Ships employed mainly for gambling/as casinos (floating or cruising casinos).