Professional Documents
Culture Documents
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Inside this Issue:
Main Issues
CSC Matters
Committees
International
Representation
Reporting
Employment
CSC MATTERS
Monthly Members Meetings - January/February
Monthly Members Meetings were held on 19 January and 18 February 2016, at the Mediterranean Beach Hotel and Amathus
Beach Hotel respectively, in Limassol.
On 19 January, a Presentation/Panel Discussion was given by Mr. Mark ONeil, Partner, Reed Smith and Mr. Chris Adams,
Director, Steamship Insurance Management Services Ltd., entitled: Pilot on Board A Help or Hindrance? The Presentation
included a review of legal and loss prevention issues arising from casualties involving vessels under pilotage.
On 18 February, a Presentation was given by Mr. Libor Krkoska, Head of Cyprus, European Bank for Reconstruction and
Development, entitled: EBRD Financing for Cyprus Shipping Sector. Mr. Krkoska presented the overview of EBRD and its
activities in Cyprus. The Presentation focused on EBRD experience and expertise in financing the Shipping sector and
participants were informed about the available range of the financial instruments and the ways how they could use them in
Cyprus for financing of their activities.
COMMITTEES
Marine Insurance
Working Group
The Marine Insurance Working Group
met on 21 January 2016, in order to
review the Agenda of the MLC 2006
2nd Special Tripartite Committee,
which was held on 8-10 February
2016, in Geneva.
The Working Group also discussed a
number of other MLC implementation
issues and the adoption of the
Insurance Distribution Directive and
any possible effects that this may
have on shipping companies.
ICT Sub-Committee
The ICT Sub-Committee organised a meeting on 4 February 2016. Two
presentations were given during the meeting:
Mr. George Hoyt delivered a presentation on the I am a seafarer mosaic project
which aims to attract people to shipping and boost the image of shipping and the
seafaring careers.
Dr. Lycourgos Kyprianou delivered a presentation on the Commtor Software
Platform, a new product of eUmbrella Corporation Services Ltd. which aims to
provide content rich communication services through the adoption of the Average
Revenue per Account (ARPA) Model.
The Sub-Committee also discussed the organisation of a CSC combined ICT and eNavigation Conference in Cyprus.
INTERNATIONAL REPRESENTATION
International Chamber of Shipping
Board of Directors
2 February 2016, London
The International Chamber of Shipping (ICS) held its Board of Directors meeting on 2 February 2016, in London. The VicePresident and Director General of the Chamber, Messrs Philippos Philis and Thomas Kazakos, respectively, represented the
Cyprus Shipping Chamber at this important meeting. The main items discussed were the reduction of CO2 emissions from
ships, the Global Data Collection and the ICS Strategy Review.
With regard to CO2 emissions, the ICS Board reviewed the outcome of UNFCCC (COP 21) in Paris at the end of 2015 and
considered the Shipping Industrys implementation of the decisions taken at COP 21 for the CO2 reductions by the
international shipping sector.
As far as the Global Data Collection is concerned, the ICS Board agreed that an ICS submission should be made to IMO MEPC
69 urging the IMO to finalise the global CO2 data collection system and approve amendments to MARPOL Annex VI for its
mandatory application, so that ships can provide the required data as soon as possible.
The ICS Board also continued its work on the ICS Strategy Review, the aim of which is to identify several areas where further
work and delivery commitments were required.
REPORTING
CYPRUS SHIPPING: PROMOTIONAL EVENT
Hamburg, 27 January 2016
Within the framework of the Governments efforts to promote and further develop the Cyprus flag and Cyprus Shipping in
general, the Minister of Transport, Communications and Works, with the support also of the Cyprus Shipping Chamber, hosted
an event in Hamburg, Germany, on 27 January 2016, aiming at attracting more ships in the Cyprus Register and new Shipping
companies in Cyprus.
Shipping operators, shipowners, bankers and lawyers were invited at the event and they were provided with the opportunity
to be informed about the advantages of the Cyprus flag as well as the benefits that Cyprus offers as a fully-fledged, modern
shipping centre with a competitive Shipping Taxation framework.
The event was quite successful and the Chamber looks forward to such promotional events in the future.
President
Vice-President
Treasurer
Member/Immediate Past President
Secretary General
Member
Member
Member
Member
DMS CIRCULARS
4/2016 - The Radiocommunications Laws of 2002 until 2012 The Radiocommunications (Fees) Regulations of 2004 until 2012
3/2016 - Lifting/Suspension of European Union restrictive measures (sanctions) against Iran (relating to Irans Nuclear Programme)
2/2016 - New List of Accounting Authorities Recognized by the Republic of Cyprus
1/2016 - (1) Private Ship Security Companies - The Protection of Cyprus Ships against Acts of Piracy and Other Unlawful Acts Law of 2012. (2)
Circular by virtue of sections 70 and 81 of Law 77(I)/2012.
EMPLOYMENT
Mr. Orestis Agathokleous
26, Cypriot. BSc Tourist Management. Some experience as a sales person.
Mr. Raphael Ioannou
23, Cypriot. BA in Business Administration. Some experience as an Assistant Mechanic in a local Shipping Company.
Mr. Christos Siapoutis
28, Cypriot. BSc (Hons) Finance and Accounting. LCCI Elementary and Intermediate. Some experience as an Accountant and Junior Auditor.
Ms. Vasia Christofi
21, Cypriot. Knowledge of shipping software NAUTILUS and MAREWATCH. Knowledge of accounting software SES and Navision Microsoft
Dynamics. Some experience as Payroll Officer.
Ms. Grigoria Kypri
23, Cypriot. Qualified Lawyer. LLB Law and LLM International Commercial Law. Some experience as a Labour Relations Officer.
Ms. Maria Panayi
53, Cypriot. Highly experienced Secretary.
Ms. Maria Theodosiou
53, Cypriot. LCCI Higher in Accounting. Highly experienced book-keeper and accountant.
Mr. Evangelos Lefkonikiatis
25, Cypriot. BSc Business Administration and MSc Computer Information Systems. Some experience as IT Security Analyst.
Mr. Clyde J.T. Zorgvol
38, Dutch. Bachelor at Law and LLM in International and European Law. Experienced legal advisor with experience in contract management
of large infrastructural projects.
Ms. Andrea Athanasiou
33, Cypriot. Experienced Payroll and Accounting Officer.
Ms. Maria Hadjigeorgiou
25, Greek. Shipping, Trade and Transport. Assistant Professor at the European University of Cyprus.
Ms. Marinella Papadopoulou
35, Cypriot. Diploma in Business Studies. Book-keeping 3rd Lever - Higher LLCI. Experienced Accounts Officer.
Mr. Andreas Charalambous
40, Cypriot. Bachelor Degree in Economics and Postgraduate Degree in Business Administration. Experienced Credit Officer.
ANALYSE THIS...
Dear Reader,
The Cyprus Shipping Chamber continues to lobby for the promotion and introduction of a number of new mechanisms, which are necessary
to protect the Shipping sector, as well as to develop and reinforce it further.
The prospects for the further development are strengthened even more in view of the development of the Energy sector and especially the
Hydrocarbons Industry due to its direct relation with the transportation of natural gas and/or oil to be found in the Exclusive Economic Zone
of Cyprus. Indeed, the strong interconnection of the Shipping and Energy sectors has set a SEA-NERGY in Motion and it is clear that
intelligent planning and strategic alliances through these special and very important Industries, will play a lead role in the joint efforts
towards the creation of a new, more efficient and sustainable model of the Cyprus Economy.
Looking ahead, we are optimistic that the overall shipping landscape will improve. Investors will continue to find opportunities to profit as
the capital markets will continue to provide opportunities for shipowners within an unpredictable freight and asset price environment. New
realities have now begun to be understood and are correctly managed, and Cyprus is in the right direction to aligning its business models to
becoming a sustainable Shipping and Energy centre with a growth potential.
The Cyprus Shipping Industry remains united and faithful to Cyprus and the Cyprus flag, as it has done for many decades now. To that end,
the Chamber strongly believes that if the structural measures and policies that the Chamber has advocated for are implemented or resolved
the soonest, the prospects for a substantial growth of Cyprus Shipping is both tangible and achievable.
Sophoclis N. Constantinou
Editor