regulation Maritime Cyprus
(www.MaritimeCyprus.com) The Cyprus Shipping Chamber is the trade association of the Shipping Industry in Cyprus. Having witnessed considerable growth since its establishment in January 1989, with originally seventeen Founding Members, the Chamber today comprises of 199 shipowning, shipmanagement and shipping related companies. The main purpose of the Chamber is to promote the interests of Cyprus Shipping and further the reputation of the Cyprus Flag, whilst promoting and protecting the interests of its Members both nationally and internationally. The year 2025 saw Cyprus Shipping further consolidating its reputation as a competitive international maritime hub. Operating successfully without direct state investment, the sector upholds global recognition for the Cyprus flag, esteemed for its reliability and prestige. The Cyprus Shipping Industry has continued to serve as a cornerstone of the national economy, driving economic activity, supporting society and enabling other industries by transporting nearly all essential goods to the country. In 2025, the sector maintained its robust performance, contributing approximately 7% to Cyprus’ GDP, equivalent to around 1.9 billion euros, and reinforcing its role as one of the most dynamic and resilient business sectors in the country. Cyprus continues to sustain the fifth largest merchant fleet in Europe and the fourteenth globally, controlling over 4% of the global fleet and undertaking more than 20% of worldwide third-party ship management activity through Cyprus-based companies. Despite global uncertainties, the Cyprus Shipping Industry has demonstrated remarkable resilience in 2025. Geopolitical instability, including regional tensions and targeted attacks on merchant ships, continued to pose serious security challenges, affecting innocent seafarers and demanding heightened vigilance in key shipping lanes. At the same time, the IMO’s decarbonisation framework was postponed, giving the industry additional time to reach co
Cyprus Shipping Chamber CSC Annual report 2025
Maritime Cyprus
Read full article at Maritime Cyprus →
Opens Maritime Cyprus in a new tab