In focus: Greece & Cyprus
This special report combines reports on Greece and Cyprus at landmark moments for both shipping communities.
Others need to speak up on a ‘potentially catastrophic’ implementation of sulphur cap, says Greek shipowners’ leader
The maritime cluster of Athens has existed for 2,000 years, but it has never been officially recognised until now
According to LLI data, Greeks control more than 18.8% of the world dry bulk fleet and 19.8% of the world tanker fleet
Minoan Lines has positioned itself to thrive in 2020, but fuel costs remain a volatile factor for any ferry operator
Several banks in Greece and Cyprus are comfortable with the main three ‘liquid’ markets — bulk carriers, tankers and containerships — meaning that assets can be sold without too much trouble if the loan goes wrong. Niche markets, such as car carriers, cement carriers or offshore, are avoided
Among the company’s most interesting recent moves was establishment of Safe Bulkers Management in Limassol in 2015
Marine insurance entities are among the crop of new arrivals in Cyprus’ growing maritime cluster
Greek-owned fleet’s global reach and trading patterns have always impressed — but, if anything, its footprint is becoming even more evenly spread with rapid expansion in Asia and Africa
Years of experience in tanker ownership and operation are common credentials of today’s liquefied natural gas carrier owners, and this certainly applies to Greece-based owners
The maritime administration has been restructured; an intense promotional programme is supporting an overhauled Cyprus maritime brand; and online services have been launched that include electronic verification of registry certificates, an online seafarer’s certificate, the digitalisation of records and automating ship registration
Cyprus has long been a major shipmanagement centre and managers tend to have remained true to the island for many years
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