Ship Management and Maritime Operations
Some of the world's largest ship management companies have their headquarters on the island from where they manage a considerable number of vessels under the Cypriot and foreign flags. Their success has led other enterprises offering shipping related services, such as marine insurance, average adjustment, ship classification etc, to be established in Cyprus.
The Cypriot merchant fleet ranks 6th on the list of maritime nations. This achievement is due to the cost competitiveness of the
Cypriot Ship Registry, the island's well-developed maritime infrastructure as well as the high standard of services offered to international
shipping.
The Department of Merchant Shipping, Ministry of Communications and Works is the appropriate authority for the registration of vessels.
|
