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ARTICLE · 13 DECEMBER 2017

Training Subsidy Scheme Amendments

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Since November 2015 the government has subsidised practical training on board ships for deck and engine cadet officers.

CyprusTransport
Vassilis Psyrras
Vassilis Psyrras
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Shipping & Transport, Cyprus

  • New Scheme
  • Eligibility
  • Subsidies
  • Working time
  • Limits
  • Special scheme

Since November 2015 the government has subsidised practical training on board ships for deck and engine cadet officers. The Department of Merchant Shipping (DMS) recently announced changes to this scheme and the procedure for claiming reimbursement.

New Scheme

Under the original scheme, eligibility was restricted to service on Cyprus-flagged vessels or foreign-flagged vessels taxed under the Cyprus tonnage tax system. The scheme has now been extended to cover Cyprus-flagged vessels and vessels managed by companies located in other EU member states. A new requirement of at least 750 kilowatts (kW) of propulsion power has been introduced, in addition to the existing requirements that the vessel must perform international voyages and have a gross tonnage of at least 1,500 tonnes.

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