Cyprus shipping, the steady driver of the economy, is sailing for better times, having survived the war in Ukraine almost unscathed and adapting to new challenges. Marking five years since the establishment
The move of tanker giants Frontline to Cyprus is now official as the company’s shareholders have backed the decision of their CEO and founder John Fredriksen to re-domicile in Limassol next year.
Good news for the local shipping industry, as a major ship-owning company registered in Bermuda and listed on the New York Stock Exchange has reportedly initiated the transfer of its activities to
Cypriot Philippos Philis, President of European Community Shipowners’ Associations (ECSA), made it on Lloyd’s List of the 10 most influential shipping personalities for Maritime Regulatory Affairs. The Cyprus Shipping Chamber said the
Shipping Minister Vassilis Demetriades is visiting Hamburg, where he is holding contacts with executives of shipping companies and financial institutions to sell the Cyprus register. According to a statement by the Deputy Ministry,
The impact of European Union measures against Russia on Cyprus’ maritime industry is “totally manageable,” said shipping minister Vassilis Demetriades. Briefing the parliamentary committee on budgetary affairs, Demetriades said that 144 ships
The shipping sector is one of the most important to the international economy and is among those heavily affected by the pandemic and the war in Ukraine. At the same time, the
Cyprus is in a privileged position on the world shipping map, President Nicos Anastasiades said at the Maritime Conference in Limassol. “We feel very proud of our achievements which have placed our
The uncertainty over future relations between the European Union and Russia has taken its toll on Cyprus shipping, as sanctions have forced some companies to remove the Cypriot flag from their vessels.
The Deputy Ministry of Shipping announced it had signed a contract for digitising its services, heralded as “an important step” to further strengthen the important sector’s efficiency. The contract was signed with
