Shipping & Yachting Industry in Cyprus

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The Cypriot geographic position as a logistic hub in the midst of the Mediterranean is incentive for a deep understanding and reliance on the Maritime sector. The navigational uses of the sea for tourism and trade are the lifeblood for a small island economy.

As a party to numerous international conventions and regulations for the uses of the Sea and continental shelf there are a lot of requirements that an individual or business has to be aware of and be compliant to before they venture into the maritime and shipping sectors.

Chetcuti Cauchi’s focused teams will assist and represent you through these regulations, such as flag and ship registration, bareboat charter registrations, ship owning and ship management company incorporation, marine mortgages and other form of securities, discharging of mortgages, ship sales and purchases, ship finance, chartering and leasing, syndicated bank loans; and security and mortgage enforcement matters as well as other Cypriot maritime law matters.

Chetcuti Cauchi holds strong links with all sectors of shipping and maritime law and the firm has specialised lawyers in all shipping-related fields of law including ship finance, litigation and admiralty, and is the preferred maritime law firm for banks, other financial institutions and ship-owners seeking the most effective and advantageous financing.

Owners of all types of vessels, from pleasure yachts to passenger cruise ships, tankers and oil rigs, may register such vessels under the Cyprus flag and take advantage of the various benefits, particularly fiscal, available under Cypriot law.



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