Cyprus shipping has proved resilient in the pandemic with the industry aiming to grow at pace in the future harnessed by technology and sustainability, Deputy Minister for shipping Vassilis Demetriades said. Presenting
Cyprus has welcomed new regulations drafted by the IMO’s Marine Environment Protection Committee to drastically reduce greenhouse gas emissions by existing ships once these are implemented in about six months. The target
A Cyprus-Greece passenger ferry link is one step closer to being reinstated after a 20-year absence, as Nicosia announced the tender will be launched in December for the route to operate next
The long-awaited €1.2 bln redevelopment of Larnaca port and its marina got the final green light from the government on Friday with construction scheduled for January 2022. Transport Minister Yiannis Karousos, in
Cyprus ship management revenue declined by €39 mln to €484 mln in the first half of 2020, reflecting the negative impact of the coronavirus pandemic on the shipping industry. According to the
More than 200,000 tonnes of plastic waste is leaking into the Mediterranean Sea every year destroying the marine environment, a report by the International Union for Conservation of Nature (IUCN) shows. According
By Zacharias Kapsis According to the Merchant Shipping Laws of 1963, the main statutes for all matters relating to the registration of ships and related transactions in the Register of Cyprus Ships,
By Zacharias Kapsis The Tax Department has introduced new procedures regarding the leasing from December 23, 2019, onwards of recreational vessel owning companies registered on the VAT Registry. The Interpretative Circular 240
The pandemic has taken its toll on the maritime sector as foreign yacht owners are not able to dock their boats at Cyprus marinas due to restrictions on arrivals from high-risk COVID
The Covid-19 crisis has led to a rapid advance of technology in shipping while experts believe there is a silver lining amid the pandemic. “The Covid-19 crisis has severely impacted the shipping
