Chal­lenges, econ­omy and en­vi­ron­ment will be main is­sues at the Mar­itime Cyprus con­fer­ence

Financial Mirror (Cyprus) - - FRONT PAGE -

De­spite the in­ter­na­tional ad­verse eco­nomic con­di­tions and the fi­nan­cial dif­fi­cul­ties that Cyprus has been fac­ing dur­ing the last years, the ship­ping sec­tor has main­tained its com­pet­i­tive­ness and per­spec­tives as a re­sult of com­bined ef­forts from the public and pri­vate sec­tors, said Trans­port, Com­mu­ni­ca­tions and Works Min­is­ter Mar­ios Deme­tri­ades.

The chal­lenges that lie ahead and is­sues of reg­u­la­tion, econ­omy, en­vi­ron­ment and tech­nol­ogy will be the main top­ics of dis­cus­sion at the up­com­ing Mar­itime Cyprus con­fer­ence in Septem­ber, Deme­tri­ades said.

In his ad­dress at the 7th East Med Marine Ex­hi­bi­tion in Li­mas­sol last week, the min­is­ter said that ship­ping has evolved in re­cent years as one of the lead­ing sec­tors of the econ­omy and a driv­ing force for its re­cov­ery. Given its im­por­tance, Cyprus ship­ping and its sus­tain­able growth con­sti­tute one of the main con­cerns and pri­or­i­ties of the gov­ern­ment, he said.

“In an ef­fort to de­velop a holis­tic strate­gic devel­op­ment plan for the ship­ping in­dus­try, a study has been re­cently com­pleted, propos­ing mea­sures that would strengthen the Cyprus mer­chant fleet and ship­ping clus­ter. Presently, the out­come of the study is be­ing eval­u­ated and spe­cific mea­sures will be adopted soon to­wards this goal,” Deme­tri­ades said.

“Mer­chant ship­ping is a busi­ness sec­tor of which we are very proud. It rep­re­sents an in­valu­able as­set for our coun­try with sig­nif­i­cant po­lit­i­cal and eco­nomic ad­van­tages. The Cyprus reg­istry to­day, ranks tenth among in­ter­na­tional fleets and third within the Euro­pean Union, while it is characterised by high stan­dards of qual­ity and safety.”

The theme of the Mar­itime Con­fer­ence in Li­mas­sol on Septem­ber 13-16 is “Ship­ping: Game Change” and will fo­cus on the cru­cial mat­ters con­cern­ing the in­ter­na­tional ship­ping in­dus­try.

The is­sues that will be dis­cussed in­clude pol­icy and reg­u­la­tory mat­ters and the forth­com­ing changes in the in­ter­na­tional ship­ping scenery, eco­nomic mat­ters, en­vi­ron­men­tal mat­ters and their in­ter­ac­tion with tech­nol­ogy, geopo­lit­i­cal and en­ergy de­vel­op­ments and fore­cast­ing for the re­cov­ery of the econ­omy and for the freight mar­kets.

Deme­tri­ades praised he or­gan­is­ers and del­e­gates at the East Med Marine Ex­hi­bi­tion, which he said is a spe­cialised tech­ni­cal marine ex­hi­bi­tion which gives the op­por­tu­nity to in­dus­try pro­fes­sion­als from the lo­cal and re­gional ship­ping in­dus­try to be­come aware of the lat­est de­vel­op­ments in marine tech­nol­ogy and re­lated ser­vices through more than 70 ex­hibitors.

“We wel­come such events, as they strengthen Cyprus’ po­si­tion as a lead­ing in­ter­na­tional mar­itime cen­tre and add to its high qual­ity,” the min­is­ter con­cluded.

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