The Central Bank of Cyprus has published the results of the Ship Management Survey for the first half of 2019. The main developments concerning the transactions of resident ship management companies, are summarized as follows: 1. SHIP MANAGEMENT REVENUES FROM NONRESIDENTS Cyprus’s ship management revenues declined slightly by 0,95% during the first half of 2019…
(http://www.MaritimeCyprus.com) The American Waterway Operators (AWO) and the U.S. Coast Guard (USCG) issued their annual report that benchmarks and further serves as the annual safety report card for the domestic towing industry. This year, it comes at a particularly timely moment, just on the heels of the deadline for the so-called ‘subchapter M’ towboat rules.…
(http://www.MaritimeCyprus.com) The European Commission has published its Annual Report on the EU Blue Economy. The Report for 2019 aims to analyse the scope and size of the blue economy in the European Union, creating a baseline to support policymakers and stakeholders in the quest for sustainable development of oceans, seas and coastal resources. The report…
(http://www.MaritimeCyprus.com) The UK Marine Accident Investigation Branch (MAIB) has published its Annual Report for 2018 highlighting the work of the branch during the past year. In 2018, 1227 accidents (casualties and incidents) to UK vessels or in UK coastal waters were reported to the MAIB. These involved 1339 vessels. 27 of these accidents involved only…
(http://www.MaritimeCyprus.com) For many people across the world, climate change is already a matter of life and death. Yet we are still not doing enough to protect them. Nor are we doing enough to capitalize on the social, economic and environmental opportunities of climate action, which can enable economies and societies to thrive sustainably for decades…
(http://www.MaritimeCyprus.com) The Oil Companies International Marine Forum (OCIMF) was formed in April 1970 in response to the growing public concern about marine pollution, particularly by oil, after the Torrey Canyon incident in 1967. In the early 1970s, a variety of antipollution initiatives were starting to emerge nationally, regionally and internationally, but with little coordination. Through OCIMF, the oil industry was able to play a stronger coordinating role in…
(http://www.MaritimeCyprus.com) Reviewing 2018, the Cyprus Registry ranked again as the 11th largest merchant fleet worldwide and the 3rd largest fleet in the European Union (EU). For more details, click below to download full report: Source: Cyprus Shipping Chamber
