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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
As he nears the end of his term, Marios Demetriades is proud of the growth seen in the island’s maritime cluster
Latest From Cyprus
Oesterreichischer Lloyd executive joins Cyprus-based safety services and equipment group
Limassol, Cyprus-headquartered Columbia Shipmanagement has opened a new performance optimisation control room. The project, developed alongside Tototheo Maritime, aims to harness digitalisation and technology for optimised vessel operation and management
The key to shipmanagement is not size, it’s service
Competitiveness remains top of the agenda for EU trio. Europe must balance priorities of the environment and competitiveness if it is to preserve shipping industry, say Malta, Greece and Cyprus, representing 60% of EU-flagged tonnage
Head of ship finance for the Cyprus-based bank says $50m facility for FSL Trust is a ‘big ticket’ for the bank but the Cypriot lender has no intention of getting carried away
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