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The Merchant Shipping (Fees and Taxing Provisions) Law (44(I)/2010) requires that in order to qualify for the tonnage tax scheme, EU-flagged ships (ie, ships lawfully registered in and flying the flag of an EU member state or any other contracting party to the European Economic Area Agreement) must account for at least a specified minimum percentage of the taxpayer's fleet.

Poland's growing maritime sector and EU membership make it an appealing choice for shipowners looking for stability and tax benefits.

The Republic of Cyprus, being a leading maritime state, understands the importance of promoting sustainable practices within its shipping sector.

Since the first discussions of the use of Maritime Autonomous Surface Ships (MASS) there are many debates and concerns on whether the current legal framework, namely the 1982 Law of the Sea Convention (LOSC),...

The Supreme Court of Cyprus, in its admiralty jurisdiction, is vested with the jurisdiction to hear and determine questions or claims, inter alia, for loss of or damage to goods carried in a ship or arising out of any agreement ...

In general, just because performance is made harder, this does not equal impossibility.

The global shipping landscape is changing. Decarbonizing shipping is a huge challenge. Cyprus as a quality shipping centre is determined to contribute effectively...

The Deputy Ministry of Shipping has announced that an English translation of the Merchant Shipping (Recognition and Authorisation of Organisations) Law 2011(1) is now available on its website.

The adoption of the new performance lists for Flag States and Recognized Organizations was approved during the 56th meeting of the Paris MoU committee and will enter into force on the 1st of July 2023.

The Cyprus flag is considered to be a reputable flag in the shipping industry. Cyprus has a well-established maritime legal framework that is based on international standards...

The Department of Merchant Shipping has issued an updated guide to ship registration, providing comprehensive information on all aspects of the registration of vessels under the Cyprus flag.

The Department of Merchant Shipping recently issued circulars to owners, bareboat charterers and managers of ships flying the Cyprus flag to draw their attention to concentrated inspection campaigns...

The Protection of Cyprus Ships Against Acts of Piracy and Other Unlawful Acts Law 2012 restricts the provision of private security services on board Cyprus ships to contractors approved by the DMS.

Article 47A of the Merchant Shipping (Issue and Recognition of Certificates and Marine Training) Laws of 2008 and 2017, which took effect on January 1 2008, provides that crew members on-board coastal passenger vessels ...

The Department of Merchant Shipping recently issued a circular on the implementation of EU Regulation 1177/2010 concerning the rights of passengers when travelling by sea and inland waterway...

FuelEU Maritime Regulation (Regulation (EU) 2023/1805) was adopted in July 2023 as part of the Commission's Fit for 55 legislative package to reduce EU greenhouse gas emissions by at least 55% by 2030.

Cyprus has turned the economic corner.