Maritime and admiralty in Cyprus

Christodoulos G. Vassiliades & Co. LLC

Christodoulos G. Vassiliades & Co. LLC's ‘energetic and professional’ team adopts a ‘very client-oriented approach to matters’. The group serves as deputy registrar of the Belize-ship registry in Cyprus and Greece. Highlights included advising its client from the beginning on the purchase of a vessel through an offshore company in a matter that spanned different jurisdictions. The matter was complicated by the fact that the money for the purchase was issued through promissory notes.

Chrysses Demetriades & Co Law Office

Chrysses Demetriades & Co Law Office is 'a great firm for shipping work' and has 'an efficient and well-established’ team. The group assisted a German bank with all local law matters concerning a complex multi-jurisdictional deal relating to the refinancing of a fleet of ten vessels. Michael McBride is praised for his ‘all-round experience’ and Marion Madella is recommended for her ‘expertise in ship financing’. The ‘first-class and responsiveYiannis Christodoulou provides ‘clear advice’.

Elias Neocleous & Co LLC

Elias Neocleous & Co LLC advises clients such as Aegeon Insurance, Limassol Marina and Nordea Bank. The team handles a large amount of debt recovery work for carriers and is adept at advising on ship and superyacht purchases as well as handling proceedings before the admiralty jurisdiction of the Supreme Court of Cyprus. Head of team Costas Stamatiou has 'an excellent understanding of the local requirements on international transactions’.

Michael Kyprianou & Co. LLC

Michael Kyprianou & Co. LLC has an ‘accessible’ team that acts for ship owners, managers and financial institutions such as DP World Limassol and regularly provides legal opinions on a range of ship financing transactions. Lambros Soteriou and Tonia Antoniou are recommended.

Montanios & Montanios LLC

Montanios & Montanios LLC has 'a considerable presence in the shipping industry’. It is adept at advising on tax and corporate issues relating to the purchase of vessels and handling ship financing matters. Acis Montanios and Eric Montanios are noted.

Polakis Sarris & Co LLC

At Polakis Sarris & Co LLC, recent highlights include successfully acting for a major Cypriot bank in preventing an order from being overturned for the arrest of two mortgaged vessels. Christina Sarris is a key member of the ‘sound’ team.