Shipping

The important strategic location of the island, together with the excellent infrastructure which the Republic of Cyprus has in place, are two important factors to which the growth of the shipping industry in Cyprus is largely attributable. Both public and private services, which ship owners and investors require, are provided at the highest international standards. In addition, the Republic of Cyprus is an active member of the International Maritime Organization, the International Labour Organization, the International Telecommunication Union and the United Nations Conference on Trade and Development. The Republic of Cyprus is also a party to the Convention of the High Seas 1958 and the United Nations Convention on the Law of the Sea 1982.
Legislation has recently been amended so as to be in line with the acquis communautaire of the European Union to which the Republic of Cyprus acceded on 1st May 2004. The changes introduced have further reinforced the superiority of the Cypriot registered fleet whilst maintaining the competitiveness of the flag.

The firm provides a wide variety of services in this field including::

• Registration of ships
• Mortgage of ships
• Litigation and arbitration shipping
• ISM ship management services
• Drafting of MOAS
• Commercial management