cus@cus.com.cy
CYPRUS:
Sovereign EU State with Quality Registry

Upcoming Events

3-7 June 2024 - Posidonia Shipping Exhibition 2024, Athens, Greece, Metropolitan Expo

Posidonia continues as the global marketplace for shipbuilders, suppliers of ships’ equipment and shipping-related services. Expect keen interest from technical and commercial executives from Greek and international companies in the busy exhibition halls. As always, the Posidonia exhibition will be strongly attended by Greek shipowners, and...
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9-11 October 2024 - WISTA International AGM and Conference 2024, Limassol, Cyprus

This year’s conference marks a milestone in the history of WISTA International, as we celebrate our 50th anniversary – a testament to our enduring commitment to fostering diversity and inclusion within the maritime and trading sectors worldwide. The event promises to convene industry leaders, innovators, and advocates from across the globe to...
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Newsletters

CUS NEWS REPORT FOR WEEK 15 OF 2024

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Press Releases

9/10/2023 - CUS Dinner with H.E. the President of the Republic of Cyprus, Mr. Nikos Christodoulides – Presidential Palace

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About Cyprus Union Of Shipowners (CUS)

Cyprus: Sovereign EU State with Quality Registry

Who We Are

The Cyprus Union of Shipowners is the major representative organization of the international shipping community with vessels under the Cyprus Flag. Over the years, the Cyprus Union of Shipowners has managed to register under its membership the vast majority of the Cyprus Flag ships. The CUS provides, in all shipping related matters, a strong voice and represents the interest of its members in Cyprus, Greece, U.K. and other European countries.
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We Focus On

Being the Cyprus Ambassador of Shipping both nationally and internationally. Representing its members before all Trade Unions as well as the International Tradeworkers Federation (I.T.F). Signing private Bilateral Labour Agreements with local Labour Unions in coordination and with the approval of the appropriate Cypriot Ministry with an aim to provide its members with highly competitive Seafarers pay-scales.
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Why Cyprus

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Double tax treaties
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Merchant shipping bilateral agreements
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Succession taxes
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Exit tax rules
  • A leading maritime cluster encompassing the full range of shipping and shipping related activities.
  • The largest ship management centre in Europe and among the top 5 in the world.
  • Business friendly common law jurisdiction.
  • Comprehensive and favourable Tonnage Tax System, approved by the European Union, applicable to Ship Owners, Charterers and Ship managers.
  • More than 60 Double Tax Avoidance Treaties.
  • Strategic location with easy access to markets.
  • Ideal time zone for running international operations.
  • Highly skilled and multilingual shipping workforce.
  • Value for money professional services of excellent quality.
  • Top quality public services to the shipping industry 24/7.
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CUS Memberships

  • Cyprus Chamber of Commerce and Industry (CCCI)

    The Cyprus Chamber of Commerce and Industry is a private corporate body functioning under special law and is financially independent, free of any influence by the state. The Chamber is funded by its members’ subscription fees and through income generated from a number of services it provides.
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  • Cyprus Marine Club (CMC)

    The Cyprus Marine Club is a non-profit organisation that embraces and encourages a plethora of maritime industry stakeholders for friendly membership. Shipowners, Shipmanagers, Crew Managers, Service Providers & Suppliers, Agents, Terminal Operators, Legal and Financial and more, come together with a focused effort to promote and celebrate the Cyprus maritime industry and share experiences.
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  • European Community Shipowners’ Associations (ECSA)

    The European Community Shipowners’ Associations (ECSA) is the voice of the European shipping industry. Founded in 1965 as “Comité des Associations d'Armateurs des Communautés Européennes (CAACE)”, ECSA promotes the interests of 21 member associations of the EU and Norway. ECSA strives for a regulatory environment that fosters the international competitiveness of European shipping.
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  • Propeller Club, Port of Limassol

    The International Propeller Club of the United States, Port of Limassol, was founded on 1 November 2023. The Club is part of the International Propeller Club of the United States, the largest network of individuals dedicated to the enhancement and well-being of all interests of the maritime community on a national and international basis. It is an autonomous non-profit organization, collectively controlled by a board of nine volunteer governors, elected by members every two years.
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  • WISTA Cyprus

    Formed in 1974, the Women’s International Shipping & Trading Association (WISTA International) is a global organisation connecting female executives and decision-makers around the world. WISTA International serves as a connector for its network of more than 4,300 female professionals from all sectors of the maritime industry.
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Our Motto: Promote the Cyprus flag Safeguard the interests of the Cyprus Flag Shipowners