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Cyprus is in the ascendancy. It is expanding its offering to shipowners, shipmanagers and charterers, predicting growth in the Cyprus-registered fleet and an increase in shipping businesses relocating to Cyprus within the next 24 months. With a new Deputy Ministry of Shipping and a step towards a true national shipping policy, could Cyprus finally fulfil its potential?
New status for maritime administration underlines the importance given to the industry
However, the thorny issue of the Turkish ports embargo will have to be settled if the flag is to compete without a severe handicap
Latest From Cyprus
New appointee welcomed by the industry as Natasa Pilides, who has held the shipping portfolio for the past two years, goes to the ministry of energy, commerce and industry
Good food for seafarers is not about putting everyone on a diet, says MCTC managing director Christian Ioannou. It is about fresh ingredients prepared from scratch by cooks who have been trained, and are motivated and passionate about food
Announcement of new charters comes as Safe Bulkers posts a loss for the first quarter of the year
Governments across Europe and beyond are considering easing lockdown measures. This should enable more crew changes, Cyprus’ deputy shipping minister hopes
At Cyprus-based Hellenic Bank, Wenker established a growing ship finance unit
If the maximum 6.5m shares are repurchased this would represent about 3.3% of the company’s outstanding common stock
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