Whilst becoming now necessary to urgently finalise the ongoing effort to adequately staff the shipping ministry, as well as to implement an integrated ‘National Shipping Strategy’ in order to meet with satisfaction the ever-increasing demands of the 11th Internationally and 3rd in Europe Register, it is positively noted that during the past two years, the Shipping Deputy Ministry has progressed with the implementation of new supportive measures and flexible mechanisms, in cooperation with the Shipping Industry, to further upgrading the image of Cyprus as one of the most significant shipping centres worldwide.

An excellent example, is the reapproval of the specialised Cyprus Shipping Taxation System by the European Union recently, which is very important for the Cyprus Economy, ensuring thereby the sustainability of the Cyprus Shipping Industry for the next at least 10 years, which operates and competes daily on a worldwide basis.

Taking this opportunity, the Cyprus Shipping Chamber expresses its willingness to an even closer cooperation with the Shipping Deputy Ministry, for the further growth of Cyprus shipping, aiming for even more tangible results.