Cyprus
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?
Cyprus aims at perfect pitch for shipping
New status for maritime administration underlines the importance given to the industry
Cyprus' bulker-dominated fleet enjoys new repute
However, the thorny issue of the Turkish ports embargo will have to be settled if the flag is to compete without a severe handicap
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