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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
Latest From Cyprus
Cyprus names Demetriades as deputy shipping minister
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
How wholesome food is critical to mental health at sea
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
Safe Bulkers clinches five-year charters for panamax trio
Announcement of new charters comes as Safe Bulkers posts a loss for the first quarter of the year
Cyprus hopes easing of lockdown will facilitate crew changes
Governments across Europe and beyond are considering easing lockdown measures. This should enable more crew changes, Cyprus’ deputy shipping minister hopes
FSL Trust names Markus Wenker as new chief financial officer
At Cyprus-based Hellenic Bank, Wenker established a growing ship finance unit
Safe Bulkers boosts share buyback
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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