Cyprus Flag Administration new Fees and Dues for Ocean Going Commercial Ships (2019)

(http://www.MaritimeCyprus.com) The Cyprus Flag Administration has issued a new circular, which contain the new fees and charges payable for ocean-going commercial ships registered in Cyprus applicable as of 27 September 2019. The regulations define “ocean-going commercial Cyprus ships” as Cyprus ships which carry out their usual activity outside Cyprus’s territorial sea for commercial purposes. As…

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Legal view: Ship finance in Cyprus

(http://www.MaritimeCyprus.com) Cyprus has many advantages to offer as a maritime center. Besides being a member of the IMO, the Council of Europe, the Commonwealth and many other international organizations, it has a well established maritime infrastructure and offers substantial tax incentives for the shipping industry. It is a signatory to many international maritime conventions and…

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Cyprus MAIC investigation – Manoverboard Fatality – Bulk Carrier EVNIA

(http://www.MaritimeCyprus.com) The Cyprus Marine Accident and Incident Investigation Committee, has issued an investigation report on the fatality onboard the Cyprus Flag vessel M/V EVNIA. On 04 June 2018 the Bulk Carrier “EVNIA” was berthed in Chittagong Port – Karnaphuli River at Jetty No. 7 by starboard side alongside. At about 19:50 LT, the Master with the…

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Cyprus Flag Administration updates list of approved Private Ship Security Contractors (PSSC) 23 May 2019

(http://www.MaritimeCyprus.com) The Cyprus DMS has published an updated list of approved private ship security contractors in accordance with Section 84 of the Protection of Cyprus Ships Against Acts of Piracy and Other Unlawful Acts Law 2012. The updated list of contractors certified under Section 22(1) of the law is available on the department’s website. The…

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