Cyprus as a Maritime and Shipping Centre
Although the maritime and shipping industries may not be the first things that come to mind when you think about Cyprus, the fact is that it's been a maritime centre since antiquity. With a strong and robust shipping centre, the maritime industry represents one of the country's most successful export services. There are also more than 130 shipping companies on the island alone, making it a top global hub for ship management services. To mention few of them: Bernhard Schulte Shipmanagement, Columbia Shipmanagement, Amathus Aegeas, Interorient, Nakufreight, Solomonides Shipping, Brandenburg Marine, Genesis Logistics etc.
Home of most of the shipping industry is Limassol, which is
widely regarded as the country's maritime capital. As a city, Limassol provides
a base for some of the world's best-known names in the shipping and maritime
industry. A key provider of jobs in Limassol, the industry now boasts the
biggest third-party ship management centre in the entirety of Europe as well as
the largest crew management centre in the world.
A great benefit for Cyprus-based shipping companies is that
they are able to source highly educated personnel. To this day, shipping
continues to be amongst the highest paid industries in Cyprus, providing those
seeking Cyprus job opportunities with good salaries despite the fact the
country as a whole is still facing several challenges economically.
In 2016, Cyprus stepped up its employment drive with the
Cyprus Maritime Academy. The Academy, which receives backing from the private
sector, has been set up to support the shipping industry. Set up to form part
of the highly regarded University of Nicosia, the Academy aims to become known
as an international training centre of excellence, providing a first-class
education for those wishing to seek out a career on board one of several vessels
docked in Cyprus.
A bright future
The efforts are expected to contribute towards curtailing a
shortfall of seafarers by the year 2025. It will also ensure Cyprus becomes a
firm fixture in the global maritime industry in the near future. A further
boost has come from the government who have introduced new legislation which
provides tax incentives for high-earning expats. That means those looking to
seek out Cyprus jobs within the maritime and shipping industries can expect to
achieve a high salary with a number of additional tax benefits. Those benefits,
combined with the growth in the industry, look set to make Cyprus a great
location for shipping executives in the coming years.
If you're intrigued by the opportunities the Cyprus shipping industry could hold in store for you, please don't hesitate to get in touch.