Assistance to seafarers affected by the situation in Ukraine in opening bank accounts in Cyprus
05 May 2022
This article briefly describes the arrangements made by financial institutions in the Republic of Cyprus to facilitate the opening of bank accounts for seafarers affected by the conflict between Ukraine and Russia.
Read MoreThe ‘Ever Given’ Departs, the Legal Battle Continues
26 July 2021
The ‘Ever Given’, the containership that blocked the Suez Canal in March 2021, is now finally on its way after being detained for over 3 months. However, legal issues in relation to the incident are expected to drag on.
Read MoreWorld Bank Report Sparks Debate over LNG’s Role in Decarbonising Shipping
02 July 2021
A recent report published by the World Bank advised against investment in LNG, branding its role in shipping decarbonisation as limited. LNG provides ready solutions to existing IMO emissions regulations and features several advocates.
Read MoreUpdate on the Cyprus/Greece Ferry Link: Larnaca’s case
01 July 2021
In December 2020 Cyprus launched an unsuccessful tender for re-establishment of the Cyprus/Greece ferry connection. A new tender on more viable terms is on the cards, which could further address concerns raised by the Larnaca authorities.
Read More17 March 2021
UK Supreme Court overturned a Court of Appeal and Admiralty Court judgment involving collision outside a narrow channel.
Read MoreCyprus Makes Waves in Decarbonising Shipping
15 February 2021
Cyprus introduced tax cuts in January to incentivise shipping companies towards energy efficiency and use of alternative fuel, ultimately aiming for Green House Gases reduction.
Read MoreDecarbonising Shipping: A Review of IMO and EU Regulation
11 February 2021
Decarbonising shipping is essential, expensive, and complicated. Regulation is key to achieving the task, and which regulation prevails will determine shipping companies’ strategies for decades to come
Read MoreIMO 2020 approaches 2021 – Has the Shipping Industry Adapted to the 0.5% Sulphur Cap?
05 January 2021
IMO 2020 introduced a 0.5% Sulphur cap on bunkers to ships operating outside Emission Control Areas.
Read MoreP&I Club Coverage for COVID-19
24 November 2020
P&I Clubs invariably provide insurance cover for infectious diseases. COVID-19 related cover encompasses crew illness and deviation to ensure treatment, whereas the extent of quarantine cover varies between the individual rules.
Read MoreP&I Club Coverage for COVID-19
24 November 2020
P&I Clubs invariably provide insurance cover for infectious diseases. COVID-19 related cover encompasses crew illness and deviation to ensure treatment, whereas the extent of quarantine cover varies between the individual rules.
Read MoreWho's Who Legal: Aviation 2019
23 October 2018
Read MoreGuidance on Stamp Duty applicable on Shipping Mortgages under Cyprus law
21 August 2018
Read MoreCyprus Pledges to Vaccinate 40,000 Seafarers Serving on Board against COVID-19
15 July 2021
Cyprus has issued a Circular pledging COVID-19 vaccination to seafarers serving on board Cyprus flagged and managed vessels, while exploring the possibility of becoming a global vaccination hub.
Read MoreCOVID 19: Impact on Marine Insurance, and the Introduction of Exclusion Clauses
04 November 2020
COVID-19 impacts the wider maritime industry, including marine insurance. So far insurance claims have been reduced, though insurers are bracing for a potential influx through novel exclusion clauses.
Read MoreGlobal Implications of the Rapidly Evolving Coronavirus Pandemic Restrictions for Charter Parties
14 September 2020
The outbreak of COVID-19 pandemic has plunged the world into economic, political, and social turmoil and had major impacts on the shipping sector.
Read More11 March 2021
A recent article of Ioannis Generalis, Τrainee Αssociate at Harris Kyriakides, with title ‘Regulatory impact’, has been published in the Bunkerspot Magazine.
Read MoreLegal Framework for Drones in Cyprus
24 January 2019
With drones increasingly becoming a household item and acquiring commercial use, it is important for drone operators to understand the basic requirements
Read MoreClaims against failing airlines
19 November 2018
Cobalt has become the latest European budget airline to stop trading, following Danish carrier Primera Air
Read MoreHarris Kyriakides acknowledged as top Cyprus law firm in aviation and shipping sector
12 January 2015
The highly regarded Who's Who Legal has identified Michalis Kyriakides, partner in Harris Kyriakides LLC,
Read More19 July 2018
It was our pleasure to attend an event organised regarding shipping, where Mrs Natasa Pilides, the Deputy Minister of shipping was the main speaker.
Read More16 August 2018
The Marine and Maritime Research, Innovation, Technology Centre of Excellence (MaRITeC-X) consortium.
Read More07 August 2012
Read MoreWe provide experienced legal counsel in admiralty and shipping law / maritime law in Cyprus. Our team is able to understand a wide scope of transactional work relating to the shipping and the maritime industry and, more importantly, their interrelation with regulatory, corporate, financial, tax, legal and business issues.
As a member of the European Union, Cyprus has a unique strategic location at the crossroads of three continents and has been internationally established as an attractive shipping centre. Shipping companies can find in Cyprus a very supporting environment to thrive; here they also enjoy a number of privileges, from low set up and operating costs to special taxation provisions. Cyprus is a signatory to numerous international maritime conventions, it has double tax treaties with 45 countries and bilateral agreements of cooperation in merchant shipping with more than 20 countries.
Ship-owners, charterers and ship managers participating in the Cyprus tonnage tax system are exempted from income tax and any other tax or levy on dividends paid to shareholders, on interest earned on working capital and on any profit made from the sale of a qualifying ship.
With high quality services and high standards of safety in such a strategic area, Cyprus is among the top five countries and territories in the world with the largest number of third party ship-management companies in its territory. The Cyprus Ship Registry is highly ranked among international fleets and is continuously upgrading its services offering outstanding support to international shipping.
Maritime Law
We provide comprehensive advice on a wide range of legal services in the shipping industry and the particulars of Cyprus maritime law. Our services involve the provision of legal advice and representation on agreements, litigation and arbitration proceedings concerning shipbuilding, sale and finance of ships, formation and maintenance of shipping companies and ship registration in Cyprus, as well as related matters such as charter-parties, maritime tax and maritime insurance.
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