Cyprus flag ships Archives - LoveCyprus | We Love Cyprus and you will Love it too. https://www.lovecyprus.com.cy/tag/cyprus-flag-ships/ Wed, 07 Jul 2021 07:30:11 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.5 https://www.lovecyprus.com.cy/wp-content/uploads/2020/07/cropped-LoveCyprus_Favicon-32x32.png Cyprus flag ships Archives - LoveCyprus | We Love Cyprus and you will Love it too. https://www.lovecyprus.com.cy/tag/cyprus-flag-ships/ 32 32 Cyprus no longer part of the Targeted Flag List of the US Coastguard, Cyprus Shipping Deputy Ministry says https://www.lovecyprus.com.cy/cyprus-flag/ Wed, 08 Apr 2020 12:25:32 +0000 https://www.lovecyprus.com.cy/?p=14652 The Cyprus Shipping Deputy Ministry (SDM) announced that, based on the outcome of the US Government’s 2019 Annual Report on Port State Control, Cyprus is no longer part of the Targeted […]

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]]> The Cyprus Shipping Deputy Ministry (SDM) announced that, based on the outcome of the US Government’s 2019 Annual Report on Port State Control, Cyprus is no longer part of the Targeted Flag List of the United States Coastguard (USCG) in relation to the safety performance of flag administrations.
  
The three-year average detention ratio of Cyprus for the period 2017-2019 was 0.96% compared to an average USCG ratio of 1.08%.  In 2019, the annual detention ratio of Cyprus ships was reduced to 0.55%, down from 1.79% in 2018, while the USCG’s 2019 ratio was 1.12%, a relevant announcement notes.
 
This enhanced track record is the result of a comprehensive National Shipping Strategy which the Shipping Deputy Ministry has been implementing since its inception in order to cement its position as one of the world’s top flag administrations and as a leading shipping cluster, it is added. Whilst from a practical point of view, this may lead to fewer inspections for Cyprus vessels at US ports, it adds to the flag’s status as a high-quality flag which is consistently part of the “white lists” of the Paris and Tokyo MoU’s, the Deputy Ministry says.
  
Natasa Pilides, Cyprus Shipping Deputy Minister, said that “the Shipping Deputy Ministry has always focused on providing a high-quality service and will continue to focus on providing tailored, trusted services to all our collaborators while ensuring safety, security and environmental protection. Over the past few years the Shipping Deputy Ministry has introduced a host of new applications on its website ranging from the electronic seafarers’ management system to the electronic verification of certificates, the online submission and management of tax returns, a tax calculator and an interactive career platform for seafarers.”
  
“We are pleased that our strategy has significantly improved our offering to ship owners and enhanced safety as reflected in the reduced detention ratio. An automated port state control system as well as an online ship registration application are also under development, aiming to further reduce bureaucracy and enhance our one-stop service”Pilides continued.
  
Committed to safeguarding and enhancing the competitiveness of the Cyprus maritime cluster, the Shipping Deputy Ministry has obtained the approval of the EU for the prolongation of its tonnage tax system for another 10 years, the announcement notes.
 
The SDM has taken steps to promote maritime education in Cyprus, whilst marine and maritime innovation has acquired new momentum with the set-up of the Cyprus Marine and Maritime Institute. Cyprus takes pride in its role as a member of the IMO Council and as an EU member, striving to contribute to shaping international policies for greener, smarter and safer shipping, the SDM announcement concludes.

Source: CNA

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]]> Shipping Deputy Ministry extends payment of tonnage tax and registry maintenance fee https://www.lovecyprus.com.cy/shipping-deputy-ministry-extends-payment-of-tonnage-tax-and-registry-maintenance-fee/ Tue, 31 Mar 2020 06:55:35 +0000 https://www.lovecyprus.com.cy/?p=14530 The Shipping Deputy Ministry (SDM), in an effort to support shipping companies and owners of Cyprus ships and to enable them to address the difficulties encountered due to the wide […]

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]]> The Shipping Deputy Ministry (SDM), in an effort to support shipping companies and owners of Cyprus ships and to enable them to address the difficulties encountered due to the wide spread of the coronavirus outbreak, has decided to extend the date of payment of the Cyprus Registry Maintenance Annual Fee and the tonnage tax of Cyprus ships.

According to a press release issued by the SDM, a relevant Notification will be published in the Official Gazette of the Republic, informing all interested parties that the deadline for payment of the Tonnage Tax and the Cyprus Registry Maintenance Annual Fee for the tax year 2020, normally due by 31st March 2020, will be extended to 31st May 2020.

The SDM also notes that for the smooth operation of the SDM and the effective provision of quality services to its clients and collaborators, the SDM has put in place special arrangements to ensure protection of public health and limit the spread of the virus.

For this reason, the public is advised to submit electronically all requests and enquiries according to the relevant circular: DMS.gov,cy

Source: CNA

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