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International Shipping
Boost in Cyprus shipping driven by Greek-owned vessels, says minister
Date:2025-01-02 Readers:
CYPRUS is set on becoming a leading voice in maritime policy and bolstering its reputation as a global shipping hub, Shipping Deputy Minister Marina Hadjimanolis said during a recent event in Athens.

Reviewing the achievements of the Cyprus registry office in Greece, Ms Hadjimanolis told business outlet Newmoney that "we managed to reach the goals we set for increasing the strength of our registry in 2024".

"Since the beginning of 2024, 170 new ships have been registered in the Cyprus registry with a gross tonnage of over 4 million tonnes, with the strengthening of the registry (in net tonnage) since September 2023 being around 14 per cent," she added.

She also noted that Greek shipping companies have played a key role in this growth, reports Cypress Mail.

"These ships are mainly Greek owned. Greek shipping companies support the Cyprus registry," she stated.

Ms Hadjimanolis also pointed to the registry's economic contribution.

"The companies that are integrated into our tax system increased by 12 per cent and an increase in revenues of around 15 per cent," the minister said.

Looking ahead to 2025, Ms Hadjimanolis laid out the Deputy Ministry's priorities, including promoting maritime education, advancing digitalization, and encouraging women to enter and stay in the shipping industry.

According to the minister, the Shipping Deputy Ministry's 2025 goals will include initiatives to support maritime education, with a particular emphasis on empowering women to pursue and thrive in the challenging shipping industry.

Additionally, advancing digitalization within the sector will be a key focus.



https://www.shippingazette.com/news?news_id=9241200000915


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