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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
‘We’re back on the map’, says Cyprus shipping minister
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
Hellenic Bank grows ship finance book with largest loan
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
Schulte to launch $120m ship fund
The fund takes a conservative leverage approach and intends to distribute dividends regularly
American Hellenic says April was its best underwriting month so far
Company's insured fleet rose by 43% in the 12 months to end-April, reaching a total of 2,200 vessels
Tototheo Maritime hires CLIA's Chrysostomou
New full-time role in Cyprus created to help company evolve in fast-growing satellite communications industry
EU drafts united CO2 reduction strategy
EU maintains decarbonisation targets but gives member states flexibility to manoeuvre during negotiations
96 Despina Theodosiou, Wista International
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