Cyprus Mail
BusinessCyprus

‘Historic day for Cyprus shipping’

Shipping

The Cyprus shipping chamber announced on Friday that March 1 was a historic day for the industry as the island’s deputy ministry for shipping marked the end of its first year.

“Since its inception, the government department of shipping has advanced significantly with the restructuring plan, aiming to make Cypriot maritime administration even more modern, efficient and flexible regarding the services it provides to shipping companies related to Cyprus,” a statement said.
Based on a study, important suggestions were made for restructuring the ministry.

The next important step, the chamber said, is the preparation of a national shipping strategy aimed at providing services to existing shipping companies and attracting new ones.

This, according to the statement, will further reduce unemployment and strengthen the economy.

It also stressed all should work together to achieve these goals.

“The common goal of all stakeholders should be the continued and further development and improvement of Cyprus shipping, thus enabling us to respond to the ever-evolving demands of the world economy and international competition.”

Related Posts

Bank of Cyprus: The role of Cyprus’ largest financial institution in the country’s economy and society

Paul Lambis

The role of Financial Services in Society

Paul Lambis

Justice minister tests positive for Covid

Gina Agapiou

Crises keep demand for cash high, banknote machine company says

Anastasiades to attend Nato dinner in Madrid next week

Gina Agapiou

Cypriots need ‘more knowledge’ about cost of food waste, survey finds

Sarah Ktisti