Search

1. Cyprus maritime sector advances amidst ambitious goals

''Without a doubt, we take pride in the achievements of the past 60 years. Our ambition is to set even higher targets and strengthen the competitiveness of Cypriot shipping,...

2. The €623 million windfall from Cyprus' shipping industry

Kathimerini reporter Andreas Karamitas dives into the heartbeat of Cyprus' economy - the shipping industry. In a revealing exploration, discover how this vital sector pumped a staggering €623 million into the real economy solely through ship management in 2023. ...

3. Cyprus takes the helm in pioneering anchored ship electricity revolution

In a pioneering initiative set to transform offshore electricity for anchored ships, Cyprus is taking a leading role in the European BlueBARGE project. ...

4. President vows to improve shipping registry

The President of the Republic of Cyprus, Nikos Christodoulides, reaffirmed the government’s dedication to enhancing the services provided by the Cypriot Shipping Registry, while addressing on Monday evening a dinner hosted at the Presidential Palace on the occasion of the "Cyprus Shipping 2023" International Conference....

5. Christodoulides celebrates Cyprus as a maritime powerhouse at Maritime Cyprus 2023

President Nikos Christodoulides addressed the Maritime Cyprus 2023 Conference in Limassol, highlighting Cyprus as a major ship management center in Europe and worldwide. ...

6. EY Cyprus announces five new partners

EY Cyprus is pleased to announce that its management team has been strengthened with the addition of five new partners and five new directors in 2023, reaching the total number of 31 partners of whom 6 are women, and 17 directors of whom 8 are women....

7. Driving forward: EU approves electric charging stations every 60 km

At the plenary session in Strasbourg, Members of the European Parliament (MEPs) voted today to approve new regulations focusing on expanding the availability of alternative fuel stations for cars and trucks,...

8. Cyprus seeks understanding on shipping woes

Cyprus is speaking to other European Union member states to shore up support for the shipping industry hit by sanctions on Russia, its shipping minister said on Friday...

9. Shipping tycoon wants to transfer biz to Cyprus

A Norwegian-born Cypriot billionaire wants to move his shipping company to Cyprus to reap benefits, including an EU-approved tonnage tax regime available only to tax residents of the island, which is scrambling to keep its industry afloat amid sanctions against Russia...

10. Top Russian diplomat quits over Ukraine invasion

A top Russian diplomat has resigned his post with a scathing letter attacking Russia's war in Ukraine and what he described as his country's political degradation, according to multiple reports....

11. Germany seizes $600 million superyacht belonging to Russian oligarch Alisher Usmanov

German authorities have seized a $ 600 million superyacht belonging to Russian billionaire Alisher Usmanov at a Hamburg shipyard....

12. The largest cruise ship in the world at the port of Limassol (images)

The largest and most modern cruise ship in the world, the Wonder of the Seas of the Royal Caribbean, has been anchored at the port of Limassol since this morning....

13. EY presents Cyprus Tax Facts 2022 guide

EY Cyprus is pleased to share the latest Cyprus Tax Facts guide – in English – which provides a straight-forward, holistic summary of the Cyprus tax system, based on current legislation and tax practices, in relation to the fiscal year 2022....

14. EY welcomes Eleni Sofocleous as a Director in EY Cyprus’ Tax Practice

EY Cyprus, staying true to its commitment to building a better working world, always looks to reinforce its teams with the brightest talents. In this context, we are proud to announce that, as of 11th of January 2021, Eleni Sofocleous has joined EY’s Tax practice...

15. EU gives go-ahead for Cyprus-Greece ferry connection subsidy

Cyprus’ outgoing Deputy Shipping Minister Natasa Pilides said on Monday that the goal to establish a ferry connection between Cyprus and Greece is moving forward, noting that following consultations which began a year ago, the EU Competition Directorate-General has approved a state subsidy for the project valued of at a maximum of €6 million per year....

16. UK shipping firm P&O re-flagging two vessels to Cyprus ahead of Brexit

17. UK ship insurer setting up Cyprus office over Brexit

British ship insurer London P&I Club is setting up a new subsidiary in Cyprus to ensure continued access to trade in the European Union in case Britain loses single market access...

18. Greeks control 20% of global merchant fleet

Greek shipping remains a global leader, controlling 20 percent of the global fleet in deadweight tons (dwt), according to the Union of Greek Shipowners’ annual report for 2017-18...

19. First shipping minister sets ambitious targets for Cyprus

The country’s location and tax system have made it a shipping magnet -- drawing maritime companies from Norway, Greece, Dubai and South Korea -- and prompting the creation of a ministry for the industry...

20. World's biggest yacht in Limassol

Limassol may be the focus of attention this week as the American Iwo Jima is in the area for exercise drills, but a different kind of boat is now stealing the show, the luxury superyacht Dilbar which is the biggest in the world....