12° Nicosia,
21 June, 2024

Limassol hosts inaugural Propeller Club event

Shipping industry leaders and officials unite to foster global collaboration and economic growth

Andreas Karamitas

The first Propeller Club event in Limassol convened shipping industry executives and institutional officials, marking a significant milestone in maritime cooperation.

Part of the International Propeller Club of the United States, the Limassol chapter aims to foster collaboration between the U.S. and Cyprus shipping sectors, promote members' business and cultural interests, facilitate exchanges between nations, and address maritime issues alongside the U.S. Embassy and Coast Guard.

Addressing attendees, Polys Haji-Ioannou, a prominent figure in the Cyprus shipping community, emphasized the club's role in global business cooperation. He underscored challenges faced by Cyprus, including the impact of global conflicts on its resilient shipping registry and the obstacle posed by the Turkish flag to economic progress.

U.S. Ambassador Julie Fisher lauded the club's establishment, expressing enthusiasm for enhanced maritime cooperation between the U.S. and Cyprus. She emphasized shared goals with the club, including closer ties between nations and support for the shipping industry.

During the event, the Vice President of the International Propeller Club, Costis Frangoulis, voiced full support for the Limassol chapter and presented Haji Ioannou with a symbolic gift.

Government officials, including the Minister of Commerce, Minister of Transport, and Attorney General, attended, highlighting the importance of deepening maritime relations between Cyprus and the U.S.The Attorney General Mr. George Savvides, the Minister of Energy Mr. George Papanastasiou and the Director of KNE Mr. Thomas KazakosThe Minister of Commerce underscored the potential of such partnerships in boosting Cypriot trade, especially in light of forthcoming natural gas exports.

Positive anticipation surrounded the official launch of the Propeller Club's activities, offering members opportunities for professional networking, education, and leadership development within the global shipping community.

Since its inception in 1922, the U.S. Propeller Club has played a vital role in fostering international trade and business relations, with chapters worldwide contributing to economic growth and cooperation.

[This article was translated from its Greek original and edited for clarity]


Business: Latest Articles