6th April 2024 – 12th April 2024 LOCAL NEWS 1. Cyprus-Greece Ferry Connection to Start on the 29th May 2024 The Cyprus-Greece maritime passenger connection will run for a third consecutive year, subsidized by Nicosia following the European...

30 th March 2024 – 5 th April 2024 LOCAL NEWS No news reported. INTERNATIONAL NEWS 1. Future marine fuels and technology - new website launched The International Maritime Organization (IMO) has launched a website with information on zero and...

23 rd March 2024 – 29 th March 2024 LOCAL NEWS 1. CYPRUS MARINE CLUB Interview with the President of OLYMPIA OCEAN CARRIERS AND Vice President of the Cyprus Union of Shipowners Mr. George Mouskas On Friday, 29 th March 2024, the Cyprus Marine Club...

16 th March 2024 – 22 nd March 2024 LOCAL NEWS 1. Abolishment of the Annual Levy from 2024 onwards On 21 March 2024, the Cyprus Registrar of Companies announced that in accordance with the Companies (Amending) Law 2024, N.25(I)/2024, which was...

9 th March 2024 – 15 th March 2024 LOCAL NEWS No news reported. INTERNATIONAL NEWS 1. London’s non-dom shipowners mull options as UK tax rules tighten The UK Government has tightened the tax net on foreign businessmen, including foreign shipowners,...

LOCAL NEWS 1. Event in Athens marks 60 year anniversary of Cyprus Ship Registry On 5 th March 2024, the Cyprus Registry marked its 60th anniversary of participation in global shipping activities, highlighting its journey towards becoming a key...

17 th February 2024 – 23 rd February 2024 LOCAL NEWS 1. Abolishment of Annual Levy – Cyprus Companies On 21 February 2024, the President of the Republic of Cyprus, announced the decision of the Council of Ministers to abolish the annual levy of...

10 th February 2024 – 16 th February 2024 LOCAL NEWS 1. Four Leading Charterers at the 7 th Capital Link Cyprus Shipping Forum After the great success of the International Maritime Conference “Maritime Cyprus 2023”, in the presence of prominent...

3 rd February 2024 – 9 th February 2024 LOCAL NEWS No news reported. INTERNATIONAL NEWS 1. Red Sea Crisis: Losses of over 10% for Piraeus Port The situation in the Red Sea has created problems for commercial ports in the Eastern Mediterranean as...

27 th January 2024 – 2 nd February 2024 LOCAL NEWS No news reported. INTERNATIONAL NEWS 1. Citing China, House lawmakers push US Federal Maritime Commission to start shipping exchange rulemaking On Thursday, 1 st February 2024, the lead House...

20 th January 2024 – 26 th January 2024 LOCAL NEWS No news reported. INTERNATIONAL NEWS OECD Pillar 2 - Update on Implementation and ECJ Case law Further to our Union’s related reports on the OECD Pillar 2, the EU General Court recently examined...