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Cyprus recognised, as early as 1963, the political, economic and social importance of shipping. Since then, Cyprus managed to attract shipping entrepreneurs and to develop the island into a fully-fledged shipping centre combining both a sovereign flag.

The Supreme Court considered an application under Section 30 of the Merchant Shipping (Registration, Sales and Mortgages of Ships) Law 1963.

According to Decree (P.I. 72/2021) of the Minister of Health titled "the Infectious Diseases (Determination of Measures to Prevent the Spread of COVID-19

The Cypriot maritime industry is ranked third in terms of size in the EU and 10th worldwide.

A recent judgment arising from one of a series of claims being dealt with by the Admiralty Court against the ship AVANTIS II gives further insight into the principles that the court will apply when considering applications for intervention by a third party in admiralty actions.

On the 13th of March 2012, the Cyprus VAT Authority has launched a scheme making Cyprus one of the most attractive EU jurisdictions for yacht registration.

This informative booklet covers key tax issues relating to shipping in Cyprus.

Cyprus is among the world’s top shipping centres, with a government policy which actively attracts investment to the island.

Cyprus’ maritime sector is entering a new digital era. At the centre of this transformation is the Cyprus Shipping 1-Stop-Shop Portal (“CYSh1P”), the centralised platform of the Shipping Deputy Ministry (“SDM”) designed to modernise access to maritime services and redefine the manner in which stakeholders engage with the SDM and the Cyprus Ship Registry.

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

It is of great importance to be mentioned that the relevant provisions for crew changes can be found in paragraph 2.15 of Decree No. 28, issued by the Minister of Health.

On 1 January 2026, a new package of amendments to the International Convention for the Safety of Life at Sea (SOLAS) will enter into force, introducing material changes..

Shipping In Cyprus

Ο Δείκτης κύκλου εργασιών στις μεταφορές και αποθήκευση κατά το τέταρτο τρίμηνο του 2022 έφτασε στι&

The Cypriot merchant fleet ranks among the 10 largest fleets in the world and ranks third in the European Union, with 12℅ of the total fleet of the 27 Member States of the EU.

Cyprus is not itself a party to the International Convention Relating to the Arrest of Sea-Going Ships 1952; however, the Administration of Justice Act of 1956 (AJA), which ratifies the Convention, applies to Cyprus.

The case concerned a fishing vessel that was used for the transportation of illegal immigrants from Syria across the Mediterranean Sea in September 2014.