CUS NEWS REPORT FOR WEEK 52 OF 2025
20 th December 2025 – 26 th December 2025 LOCAL NEWS 1. CYPRUS TAX REFORM, EFFECTIVE FROM 1ST JANUARY 2026 On the 22 nd December 2025, the Cyprus House of Representatives passed the bills regarding the Cyprus Tax Reform Package, voting through five of the six bills submitted by the government following a two-year...
CUS NEWS REPORT FOR WEEK 51 OF 2025
13 th December 2025 – 19 th December 2025 LOCAL NEWS 1. Cyprus and France sign strategic partnership agreement On the 15 th December 2025, French President Emmanuel Macron and Cyprus President Nikos Christodoulides signed a strategic partnership agreement after their meeting at the Elysee Palace in Paris. The deal...
CUS NEWS REPORT FOR WEEK 50 OF 2025
06 th December 2025 – 12 th December 2025 LOCAL NEWS 1. 2025 AMVER Awards Ceremony for “AMVER Awards 2024” On Friday, December 12, 2025, the International Propeller Club of the United States, Port of Limassol, in collaboration with the Cyprus Union of Shipowners (CUS) and the Cyprus Shipping Chamber (CSC), organized...
CUS NEWS REPORT FOR WEEK 49 OF 2025
29 th November 2025 – 5 th December 2025 LOCAL NEWS 1. The priorities of the Cyprus Presidency of the Council of the European Union – Cyprus Presidency will focus on strengthening Europe's position as a global leader in the shipping sector The Conference of Presidents – political group leaders as well as the...
CUS NEWS REPORT FOR WEEK 48 OF 2025
22 nd November 2025 –28 th November 2025 LOCAL NEWS 1. Removal of Acceptance of Personal Checks from 01/01/2026 The General Accounting Office of the Republic of Cyprus has announced that by 1 January 2026, personal cheques will no longer be accepted for the settlement of debts to the State by either individuals or...
CUS NEWS REPORT FOR WEEK 47 OF 2025
15 th November 2025 –21 st November 2025 LOCAL NEWS 1. CUS at the “4th Limassol International Book Fair” – Successful Participation as Silver Sponsor The Cyprus Union of Shipowners (CUS) successfully concluded its participation in the “4th Limassol International Book Fair”, which took place from 21 to 23 November...
CUS NEWS REPORT FOR WEEK 46 OF 2025
8 th November 2025 –14 th November 2025 LOCAL NEWS 1. CUS Members' Meeting held on 14th November 2025 – Discussion on next steps following the postponement of IMO's net-zero framework On Friday, 14 November 2025, the Cyprus Union of Shipowners (CUS) convened a Members’ Meeting at the Divani Apollon Palace & Thalasso...
CUS NEWS REPORT FOR WEEK 44 OF 2025
25 th October 2025 – 31 st October 2025 LOCAL NEWS No news reported. INTERNATIONAL NEWS 1. US and China declare truce as they decide to suspend port fees dueling port fees that disrupted trade for a year and reach deal to ease tariffs During a meeting of Presidents Donald Trump and Xi Jinping at Busan, South Korea,...
CUS NEWS REPORT FOR WEEK 43 OF 2025
18 th October 2025 – 24 th October 2025 LOCAL NEWS No news reported. INTERNATIONAL NEWS 1. Greece and Cyprus Advocate Fairness and Realism Ahead of COP Climate Discussions In the aftermath of the recent IMO meeting, which resulted in the postponement of the proposed Net-Zero Framework (NZF), Greece and Cyprus have...
CUS NEWS REPORT FOR WEEK 42 OF 2025
11 th October 2025 – 17 th October 2025 INTERNATIONAL NEWS 1. IMO Postpones Adoption of the “Net Zero Framework” Between 14 and 17 October 2025, the International Maritime Organization (IMO) convened an extraordinary session of the Marine Environment Protection Committee (MEPC ES.2) in London to decide on the...
CUS NEWS REPORT FOR WEEK 41 OF 2025
4 th October 2025 – 10 th October 2025 LOCAL NEWS 1. Official Dinner hosted by the President of the Republic of Cyprus, Mr. Nikos Christodoulides at the Presidential Palace – CUS President A. Hadjiyiannis’ Speech: “The West Risks Losing Its Peace Due to the Decarbonisation of Shipping” On 5 October 2025, the...
CUS NEWS REPORT FOR WEEK 39 OF 2025
20 th September 2025 – 26 th September 2025 LOCAL NEWS No news reported. INTERNATIONAL NEWS 1. IMO Marine Environment Protection Committee (MEPC) – 2nd Extraordinary Session, 14 – 17 October 2025 From 14 to 17 October 2025, the International Maritime Organization (IMO) will convene the second extraordinary session of...
CUS NEWS REPORT FOR WEEK 38 OF 2025
13 th September 2025 – 19 th September 2025 LOCAL NEWS 1. 12th London International Shipping Week – Cyprus committed to strong EU role in shipping, says Hadjimanolis London hosted the twelfth London International Shipping Week (LISW25) from 15–19 September 2025, with more than 300 official events across the capital...
CUS NEWS REPORT FOR WEEK 37 OF 2025
06 th September 2025 – 12 th September 2025 LOCAL NEWS 1. “ Maritime Cyprus 2025” Conference, 6–8 October 2025 / REGISTRATION OPEN The “Maritime Cyprus 2025” Conference , organized by the Shipping Deputy Ministry in collaboration with the Cyprus Union of Shipowners and the Cyprus Shipping Chamber, will take place...
CUS NEWS REPORT FOR WEEK 36 OF 2025
30 th August 2025 – 05 th September 2025 LOCAL NEWS 1. Participation of the Shipping Deputy Minister, Ms. Marina Hadjimanolis in the "2nd Sustainable Maritime Industry Conference" in Saudi Arabia Between 3 and 4 September 2025, the Shipping Deputy Minister to the President, Ms. Marina Hadjimanolis, visited Saudi...
CUS NEWS REPORT FOR WEEK 35 OF 2025
23 rd August 2025 – 29 th August 2025 LOCAL NEWS 1. Verification of Beneficial Ownership Information in the Beneficial Ownership Registry System for the Year 2025 and Campaign for Updating Company Registry Information On August 25 and 27, 2025, the Department of Registrar of Companies and Intellectual Property...
CUS NEWS REPORT FOR WEEK 34 OF 2025
16 th August 2025 – 22 nd August 2025 LOCAL NEWS No news reported. INTERNATIONAL NEWS 1. Joint Statement on a United States-European Union framework on an agreement on reciprocal, fair and balanced trade On Tuesday, 19 th August 2025, a European Commission spokesman stated during a daily press conference, that the...
CUS NEWS REPORT FOR WEEK 33 OF 2025
9 th August 2025 – 15 th August 2025 LOCAL NEWS No news reported. INTERNATIONAL NEWS 1. IMO net-zero plans ‘in danger’ after Trump’s retaliation threats On Tuesday, 12 th August 2025, the U.S. rejected the "Net-Zero Framework" proposal by the International Maritime Organization, which is aimed at reducing global...
CUS NEWS REPORT FOR WEEK 32 OF 2025
2 nd August 2025 – 8 th August 2025 LOCAL NEWS No news reported. INTERNATIONAL NEWS 1. FuelEU Maritime Clause for Time Charter Parties – Explained in 60 seconds On 7 August 2025, BIMCO released a brief video outlining the main features of its newly introduced Fuel EU Maritime Clause, followed by the implementation of...
CUS NEWS REPORT FOR WEEK 31 OF 2025
26 th July 2025 – 01 st August 2025 LOCAL NEWS No news reported. INTERNATIONAL NEWS 1. US and EU avoid trade war by agreeing on a 15% tariff deal On 27 July 2025, the U.S. and the European Union reached a framework trade agreement, setting a 15% import tariff on most EU goods, while pharmaceuticals and metals are...
CUS NEWS REPORT FOR WEEK 29 OF 2025
12th July 2025 – 18th July 2025 LOCAL NEWS No news reported. INTERNATIONAL NEWS 1. EU sets lower Russian oil price cap from USD 60 to USD 47.6 per barrel, and blacklists over 100 additional tankers On 18 July 2025, the European Council adopted the 18th package of economic and individual restrictive measures hitting...
CUS NEWS REPORT FOR WEEK 28 OF 2025
5 th July 2025 – 11 th July 2025 LOCAL NEWS No news reported. INTERNATIONAL NEWS 1. Trump sets 50% US tariffs on copper, Brazilian imports starting in August On 10 July 2025, U.S. President Donald Trump announced significant new tariffs to take effect from 1 August 2025, escalating his trade war strategy: Copper...
CUS NEWS REPORT FOR WEEK 27 OF 2025
28 th June 2025 – 4 th July 2025 LOCAL NEWS No news reported. INTERNATIONAL NEWS 1. Paris MoU 2024 Performance lists The Paris MoU Committee approved at its 58th meeting the 2024 inspection results and adopted new performance lists for flag States and Recognized Organizations . According to Paris MoU, these lists...
CUS NEWS REPORT FOR WEEK 26 OF 2025
21 st June 2025 – 27 th June 2025 LOCAL NEWS No news reported. INTERNATIONAL NEWS 1. Theofilos Mozas elected as Chairman of the IMO Maritime Safety Committee for 2026 At the conclusion of the 110th Session of the Maritime Safety Committee (MSC) of the International Maritime Organization (IMO) in London (18–27 June...
CUS NEWS REPORT FOR WEEK 25 OF 2025
14 th June 2025 – 20 th June 2025 LOCAL NEWS No news reported. INTERNATIONAL NEWS 1. 17th Efkranti Awards Ceremony: Celebrating the Pillars of Greek Shipping On Wednesday, 18 June 2025, the 17th Efkranti Awards Ceremony was held at the American School of Classical Studies in Athens. This year’s event, marking the...
CUS NEWS REPORT FOR WEEK 24 OF 2025
7 th June 2025 – 13 th June 2025 LOCAL NEWS 1. Prime Minister Modi’s Visit to Cyprus Highlights Strategic and Maritime Cooperation On Sunday, 15 June 2025, the President of the Republic of Cyprus, Mr. Nikos Christodoulides, officially welcomed the Prime Minister of India, Mr. Narendra Modi, as part of a diplomatic...
CUS NEWS REPORT FOR WEEK 23 OF 2025
31 st May 2025 – 6 th June 2025 LOCAL NEWS 1. Cyprus takes over as host of the European Maritime Day 2026 – Limassol to be the focal point of events The 2025 edition of European Maritime Day (EMD), the flagship annual gathering for blue economy stakeholders across Europe , took place on the May 21–23, 2025, in Cork,...
CUS NEWS REPORT FOR WEEK 22 OF 2025
24 th May 2025 – 30 th May 2025 LOCAL NEWS No news reported. INTERNATIONAL NEWS 1. Adoption of the Polish Presidency Declaration on the EU Industrial Strategy Following the adoption of the report from the Informal Council of EU Ministers responsible for shipping, held on Thursday, 15 May 2025, in Szczecin, Poland,...
CUS NEWS REPORT FOR WEEK 21 OF 2025
17 th May 2025 – 23 rd May 2025 LOCAL NEWS 1. Cyprus Marine Club Limited (CMCL) Annual General Meeting and Election of the Board of Directors The First Annual General Meeting (AGM) of the Cyprus Marine Club Limited (CMCL) took place on Friday, 23rd May 2025, at the Amara Hotel in Limassol, Cyprus. The event was...
CUS NEWS REPORT FOR WEEK 20 OF 2025
10 th May 2025 – 16 th May 2025 LOCAL NEWS 1. Cyprus backs stronger EU shipping sector at Szczecin Council The Cyprus Deputy Shipping Minister Ms. Marina Hadjimanolis took part in the Informal Council of EU Ministers responsible for shipping, which was held on Thursday, 15 th May 2025, in Szczecin, Poland, under the...