Our Admiralty and Shipping team provides comprehensive legal services to clients involved in the shipping industry. Our firm represents a considerable percentage of the Cyprus fleet and Ship registry. Ship management companies are finding Cyprus increasingly attractive as a base for managing their ships under various flags. These companies offer full management services to shipowners worldwide and are engaged in chartering, crewing, shipbroking, and similar activities. In order to encourage the establishment of ship management companies and other shipping headquarters in Cyprus, the existing legislation grants to such companies and their foreign employees various tax advantages and other incentives.

Our experienced team can assist with all legal aspects including:

• Ship registration

• Acquisition of vessels

• Shipbuilding contracts

• Voyage charterparties

• Time charterparties

• Bareboat charterparties

• Ship management agreements

• Ship finance

• Insurance policies

• All other shipping related agreements

• Admiralty

Tonnage Tax System

• Advice on Cyprus’ EU – approved tonnage tax system, which offers considerable incentives to ship owners, charterers and ship managers.