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. 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.
Our Cyprus shipping lawyers provide comprehensive advice and representation 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 charterparties, maritime tax and maritime insurance. In addition, the firm is representing clients in admiralty practice, litigation and arbitration proceedings.
Our areas of work include:
- Admiralty matters
- Asset and lease financing
- Bankruptcy, financial restructuring and insolvency
- Capital markets, private debt and equity placements
- Commercial contracts including charterparties, collateral management agreements and port services agreements
- Corporate governance and structure
- Joint ventures
- Litigation and disputes
- Marine insurance disputes, coverage and subrogated recoveries
- Maritime casualty response
- M&A, commercial transactions and divestitures
- Ports and Marinas
- Secured and unsecured financings and structured finance
- Regulatory, including environmental and sanctions
Harris Kyriakides is also actively involved in the representation of the Cyprus Marine and Maritime Institute (CMMI) and is a strategic partner of the CMMI in the operation of the Maritime Legislation and Policy Lab at CMMI.
