Share on LinkedInShare on LinkedIn

ARTICLE · 06 OCTOBER 2006

Cyprus Ship Registry

Cyprus administers a major international registry within the European Union and controls one of the world's largest merchant fleets. This presently comprises 1,084 ocean going ships of total gross tonnage 21,283,373.

CyprusTransport

Cyprus administers a major international registry within the European Union and controls one of the world's largest merchant fleets. This presently comprises 1,084 ocean going ships of total gross tonnage 21,283,373.1

The Cypriot registry is governed by the Merchant Shipping Laws, 1963-2004 (Registration of Ships, Sales, and Mortgages); the Merchant Shipping Laws, 1992-2004 (Fees and Taxes); and the Merchant Shipping Laws, 1963-2002 (Masters and Seamen).

OWNERSHIP REQUIREMENTS:

A)

More than half of the shares of the ship must be owned by Cypriot citizens or by citizens of Member States of the EU or the European Economic Area who in the instance of not being permanent residents of the Republic will have appointed an authorised representative in the Republic of Cyprus, or

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

See more popular content from