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  • Article

    Understanding The EU Recreational Craft Directive (RCD): A General Guide

    The EU Recreational Craft Directive ("RCD") is a critical piece of legislation within the European Union (EU) that governs the design, manufacture, and sale of recreational watercraft.
    European UnionTransport
    AGPLAW | A.G. Paphitis & Co. LLC
    AGPLAW | A.G. Paphitis & Co. LLC
  • Article

    The Marco Polo Programme & Cyprus: Financing the Motorways of the Seas

    The European Union, in a continuous effort to reduce road traffic congestion and enhance multimodal transport, encourages and helps finance modal shifts from road freight transport to rail, waterway and short sea transport. The Marco Polo programme was established through EC Regulation 1382/2003 to promote this. This article provides an overview of EC Regulation 1382/2003 and its proposed successor as well as the benefits to investors and shipowners of taking advantage of the geographic locati
    CyprusTransport
Elias Neocleous & Co LLC
Elias Neocleous & Co LLC
  • Article

    Cyprus Shipping Industry : Business As Usual. Why Despite Recent Events Cyprus Remains An International Maritime And Major Ship Management Centre

    Despite its small geographical size Cyprus has developed into a major ship management centre attracting foreign ship owners and ship management companies through the highly favourable tax provisions available to them on the island as well as many other non fiscal advantages offered to this sector.
    CyprusTransport
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    Shipping Tax Reform - The New Tonnage Tax Regime

    The Cyprus registered fleet is among the largest in the EU and the tenth largest worldwide, and Cyprus has developed into the largest third party ship management centre in the EU.
    CyprusWealth Management
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Yacht Registration In Cyprus: Frequently Asked Questions (FAQ)

    Cyprus yacht registration involves more than simple filing procedures, requiring careful attention to ownership eligibility, registration types, prior registry status, and supporting documentation.
    CyprusTransport
    A. Danos & Associates LLC
    A. Danos & Associates LLC
  • Article

    Taxation Of International Shipping Activities: Cyprus

    The Cyprus ship registry ranks tenth worldwide, with 1,857 ocean-going vessels and an aggregate gross tonnage of more than 21 million tonnes.
    CyprusTransport
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Yacht Registration In Cyprus: Legal Framework, Procedure And Practical Considerations

    Cyprus has been a recognised shipping jurisdiction for many years, and its registry is well known in international practice.
    CyprusTransport
    A. Danos & Associates LLC
    A. Danos & Associates LLC
  • Article

    Ship Arrest And Security For Release: Court Decision Offers Valuable Insight

    A recent decision of the Supreme Court in its first instance admiralty jurisdiction gives valuable insight into the court's approach to applications for the arrest of vessels and for security to be lodged with the court for the release of the vessel.
    CyprusTransport
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Green Light For Cyprus Commercial And Admiralty Courts

    On 12 May 2022 the Cypriot Parliament voted in favour of the establishment of two independent courts of first instance, namely a Commercial Court and an Admiralty Court...
    CyprusCorporate/Commercial Law
    Y.Georgiades & Associates LLC
    Y.Georgiades & Associates LLC
  • Article

    A Guide To The International Maritime Organization (IMO) & The International Labour Organization (ILO)

    The shipping industry, responsible for transporting around 90% of the world's goods, operates under a complex network of regulations designed to ensure safety, environmental protection...
    CyprusTransport
    AGPLAW | A.G. Paphitis & Co. LLC
    AGPLAW | A.G. Paphitis & Co. LLC
  • Article

    Ship Arrest In Cyprus

    The Supreme Court of Cyprus has exclusive jurisdiction to act as Admiralty Court. By virtue of Sections 19(a) and 29(2)(a) of the Courts of Justice Law of 1960...
    CyprusTransport
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    Decarbonising Shipping: A Review Of IMO And EU Regulation

    Decarbonising shipping is essential, expensive, and complicated. Regulation is key to achieving the task, and which regulation prevails will determine shipping companies' strategies for decades
    European UnionTransport
    Harris Kyriakides
    Harris Kyriakides
  • Article

    Cyprus Yacht Leasing Scheme

    Cyprus has introduced a leasing scheme for yachts, whereby a pleasure yacht may be leased by a Cyprus company, as lessor, to a third party, as lessee, who may be any person or company regardless of country of residence or incorporation
    CyprusTransport
    Chrysses Demetriades & Co
    Chrysses Demetriades & Co
  • Article

    Shipping - The Cyrpus Way

    Cyprus is a well-established shipping centre in a strategic geographical location at the crossroads of three continents close to the Suez Canal.
    CyprusTransport
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Choosing The Right Flag Is A Strategic Decision, Not An Administrative One

    For many shipowners, vessel registration is treated as a procedural step, a box to be ticked once a deal is concluded.
    CyprusTransport
    AGPLAW | A.G. Paphitis & Co. LLC
    AGPLAW | A.G. Paphitis & Co. LLC
  • Article

    Tonnage Tax: Countries Whose Ships Are Subject To Surcharge (2017)

    On the basis of the annual report of the Paris MOU for 2016, the Department of Merchant Shipping has determined that the flags listed below are included in the relevant grey or black list...
    GlobalWealth Management
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Tonnage Tax – Countries Whose Ships Are Subject To Surcharge

    The Merchant Shipping (Fees and Taxing Provisions) Law of 2010 imposes a surcharge on the tonnage tax payable in respect of qualifying vessels.
    CyprusWealth Management
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Analysis Of The Paris And Tokyo Memoranda Of Understanding (MoUs) On Port State Control

    The Paris and Tokyo Memoranda of Understanding (MoUs) on Port State Control (PSC) are fundamental international agreements designed...
    GlobalTransport
    AGPLAW | A.G. Paphitis & Co. LLC
    AGPLAW | A.G. Paphitis & Co. LLC
  • Article

    Protection Of Cyprus Ships Against Piracy And Unlawful Acts: Private Maritime Security Services Legislation

    The House of Representatives, the Parliament of the Republic of Cyprus, has on the 31st of May, 2012, passed a new statute titled The Protection of Cyprus Flag Ships from Acts of Piracy and other Unlawful Acts Law 77(I) 2012 ("the Law").
    CyprusTransport
    Antoniou McCollum & Co.
    Antoniou McCollum & Co.
  • Article

    Shipping In The European Era

    Cyprus is a well established shipping centre in a strategic geographical location at the crossroads of prosperous financial regions of three continents and next to the Suez Canal.
    CyprusTransport
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Showing 301–320 of 344 results

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