Tag: Cyprus

Five reasons why Cyprus is a leading centre for international shipping
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Five reasons why Cyprus is a leading centre for international shipping

Cyprus’ maritime sector has grown rapidly in the last several years and today it is one of the top locations for shipping companies. It is also ranked 11th in terms of global fleet size and has its own dedicated deputy minister of shipping, boosting business and sustainability of its operations further. Here are five examples...

Cyprus experiences rapid growth of shipping companies
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Cyprus experiences rapid growth of shipping companies

Cyprus’ shipping sector is experiencing rapid growth and the government is making plans to further boost business, says Natasa Pilides, Deputy Minister of Shipping. Speaking at an event in Limassol, Pilides said more and more shipping companies are choosing Cyprus to base their operations in because of its stable business environment and clear tax and...

Cyprus, Greece, and Israel sign oil pollution prevention plan
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Cyprus, Greece, and Israel sign oil pollution prevention plan

Cyprus, Greece, and Israel have signed an Implementation Agreement on the Sub-Regional Marine Oil Pollution Contingency Plan to provide effective reaction to spill and facilitate cooperation among the countries in the field of oil pollution preparedness and response. Prior to the agreement, the three countries have worked to strengthen the regional response mechanism ‘Regional Marine...