As the global maritime industry continues to evolve, Cyprus stands out as a benchmark of maritime excellence. Supported by a sovereign ship registry and a dynamic maritime cluster, Cyprus consistently reinforces its position as a leading maritime centre in Europe and internationally.
Cyprus has developed into a modern, efficient, and integrated maritime cluster combining a globally respected maritime administration with a strong shipping industry engaged in a wide range of maritime activities.
The country has established itself as a global ship management centre, attracting renowned ship management companies and a wide range of shipping-related businesses. Its success is built on exceptional maritime expertise, high-quality services and a business-friendly environment that supports sustainable growth. A competitive framework of tax incentives, stable fiscal policies and efficient regulation makes Cyprus an attractive base for international operations.
The Cyprus Ship Registry is internationally recognized for its high-standards. It ranks among the largest in the world and continues to appear on the White Lists of both the Paris and Tokyo MoUs, reaffirming the high safety, environmental, and operational standards of Cyprus-flagged vessels. A key pillar of this success is the Shipping Deputy Ministry’s steadfast commitment to maintaining the highest safety standards, protecting the environment, and improving working and living conditions for seafarers.
Τhe Shipping Deputy Ministry has led numerous strategic initiatives to enhance the quality and competitiveness of the maritime sector, ensuring that policies remains aligned with industry needs and international best practices. At the same time, Cyprus safeguards full compliance with international and EU obligations, further strengthening the credibility and reliability of its shipping sector.
Despite global geopolitical and economic challenges, Cyprus shipping remains resilient and forward-looking. The country envisions a strong, sustainable maritime sector, anchored in human capital, active international engagement and close collaboration with industry stakeholders, securing Cyprus’s continued leadership in the global maritime arena.
