Admiralty and Shipping
During the last two decades and despite the embargo placed by Turkey on ships carrying the Cypriot flag, Cyprus has become an international maritime centre with its fleet ranking 10th worldwide and 3rd within the European Union.
Several benefits offered for registering under the Cyprus flag together with the efficient Cyprus Registry have made Cyprus a very attractive jurisdiction for shipping companies who have even moved their headquarters to Cyprus.
Although Antonis Paschalides & Co LLC is not located in Limassol, the shipping capital of Cyprus, the firm has represented the interests of a cross section of clients on shipping matters, be it individuals seeking to register their pleasure yachts to large corporations actively involved in the shipping industry.
Among others the firm has had experience in:
- Registrations under the Cyprus flag
- Claims for loss or damage to cargo
- Cargo or ship seizure
A detailed account of shipping matters and procedures in Cyprus may be found here.