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Cyprus has a stable, reliable commercial and legal infrastructure, a robust and open legal system based on common law, which investors are familiar with, excellent professional and financial services and a simple, transparent tax regime based on low rates of tax.

Two principal EU legislative instruments govern the carriage of passengers by sea.

In this ever-changing environment, the Shipping Industry is called upon to face enormous challenges deriving from the necessity for transforming the industry into a "green area" and satisfying the...

Bareboat Chartering by way of definition, is the lease and/or renting of a boat without a crew and skipper. The Deputy Ministry of Shipping (hereinafter the "DMS") has introduced Circular...

On November 5 2013 the Limassol District Court had the opportunity to examine aspects of the forum non conveniens doctrine in the context of an application to set aside service of the writ of summons issued in Gorsoan Limited v Bullock.

Cyprus has ratified the International Convention for the Control and Management of Ships' Ballast Water and Sediments 2004 (the BWM Convention).

In the age of Covid19, of climate change and taking into consideration the new regulations which the Paris Agreement brought, the shipping industry is embracing good practices so as to become...

Any threat to such relationship and trust, is a direct threat to your business.

On the 6th of October 2022, the House of Representatives approved the Shipping Limited Liability Company Law (SLLC) of 2022.

The outbreak of COVID-19 pandemic has plunged the world into economic, political, and social turmoil and had major impacts on the shipping sector.

The purpose of this memo is to briefly set out the legal requirements for and the benefits to be obtained from, registering a yacht in Cyprus.

Cyprus has become a leading forum in the international maritime industry mostly due to the attractive tax system for ship owners and ship managers and due to its ratification of major international maritime conventions.

We are glad to announce that A. Karitzis & Associates LLC, contributes the 7th Edition of the exclusive Cyprus chapter to the ICLG to Shipping Law 2019, published in association with Clyde & Co, and in partnership with BIMCO and The Baltic Exchange.

Situated on the crossroads between Europe, Africa and Asia, in the heart of the Mediterranean Sea, Cyprus has been a strategic island for several important sea trade routes.

Every year the International Maritime Organization (IMO) celebrates World Maritime Day. The exact date is left to each Government to decide in regard to when the celebrations will take place.

Yacht's Registration

Cyprus and Greece are well known active seafarers from ancient times when they dominated the waters of the Mediterranean Sea.

The Cyprus Shipping Deputy Ministry (SDM) has introduced a series of environmental incentives to support shipowners in their decarbonization efforts.