Tag: Cyprus

Cyprus’ deputy minister for shipping stated that the number of companies that are developing their headquarters in the small east Mediterranean island nation has almost doubled in the last six years. This reflects Cyprus' growing appeal as a maritime business hub. Shipping accounts for around 7% of Cyprus’ economy.

Cyprus's maritime industry turns to education aiming to invest in the development of the marine sector that has placed Cyprus flag 11th biggest registry and amongst the top three ship-management hubs. Cyprus maritime schools aim to promote marine professions in order to boost shipping companies, while in the meantime plans are being conducted in order to add maritime training in the technical schools.

U.S. Maritime Advisory 2018-014 informs of a continued GPS interference by vessels and aircraft operating in the Eastern Mediterranean Sea It is causing the alternation of GPS signals and affects the navigation and communication of vessels. GPS interference is causing the loss or the alternation of GPS signals affecting bridge navigation, GPS-based timing and communications equipment.   

MaRITeC-X project will focus on marine and shipping research and innovation, aiming to set out the Cyprus Marine and Maritime Institute in Cyprus. As Deputy Minister of Shipping Natasa Pilides said, this centre of excellence can provide many economic and social benefits to Cyprus and can also promote the country's energy plans.

Cyprus Ministry of Shipping has issued a circular informing that it now accepts statutory certificates issued to Cyprus-flagged vessels by Recognized Organizations in electronic form, provided that they are in line with the IMO requirements as presented in 'Guidelines for the use of electronic certificates'.

Cyprus will start a tender to purchase an FSRU next month at Vasiliko. The tender will also include the acquisition of relevant infrastructure, and aims at increasing the country's ability to import LNG and use it for electricity generation. This development comes after the Cypriot Energy Minister Giorgos Lakkotrypis submitted an MoU between for the removal of fuel storage facilities at Larnaca to Vasiliko.

Mrs. Natasa Pilides, Shipping Deputy Minister to the President, Republic of Cyprus, talks about Cyprus initiatives in the years to come for a safer and more environmentally friendly shipping and provides recommendations to encourage innovation which is the key for the benefit of both the industry and the society.

Panagiotis Kouroumplis, noted that EU has to find new ways to make shipping industry more attractive. From his side, the Maltese transport minister, Ian Borg, mentioned that there is work happening to examine today's EU directives that create the administrative burden. Natasa Pilides, Cyprus's Deputy Minister for Shipping Natasa Pilides, informed that the three discussed about possible measures to enhance cooperation.

The latest sub-regional contingency plan to deal with any oil pollution incident in the Mediterranean Sea has been signed. Namely, Greece, Cyprus, and Israel signed an Implementation Agreement on the Sub-Regional Marine Oil Pollution Contingency Plan, in Nicosia, Cyprus, on 8 May.

The NGO Transport & Environment released a ranking in which it presents the best and worst performing countries in Europe's attempt to reduce GHG emissions. Germany, Belgium and France are the top performers, while Greece, Cyprus, Italy, Portugal and Croatia are the worst.