Mr Vasileios Psyrras

Vasileios Psyrras

Updates

Litigation

Affidavit leading to warrant of arrest
Cyprus | 06 October 2015

The Admiralty Jurisdiction Order, which governs the operation of the Admiralty Court, provides that an affidavit must be filed in accordance with Rules 50 to 54 for the issue of a warrant to arrest property. While Rule 51 requires that the affidavit state the nature of the claim and that the aid of the court is required, Rule 54 gives the court discretion to overlook formal defects.

Reminder of effect of consent judgments in in rem proceedings
Cyprus | 10 February 2015

A recent judgment of the Admiralty Court is a useful reminder of the need to prove a claim in in rem proceedings. The judgment shows that skipping proof has potentially devastating effects on a claim, as it excludes the claimant from the priorities procedure and ranks its claim after all in rem judgments.

Ruling offers guidance for third-party intervention in admiralty actions
Cyprus | 13 January 2015

Two applications for Supreme Court reviews of Admiralty Court first-instance judgments were recently filed. The subsequent ruling confirms that the fact that all actions against a vessel are scheduled on the same day does not by itself lead to a conclusion that filing an application to intervene long after the event may be an abuse of court procedure.

Loss of use claim in private yacht claims
Cyprus | 23 December 2014

There is no reported case law in Cyprus regarding damages for the loss of use of a non-commercial vessel such as a private pleasure yacht used by its owner for recreational purposes. A recent judgment issued by the Admiralty Court of Cyprus is noteworthy for the judge's comments on the damages to which the claimant would have been entitled had he succeeded, rather than the reasons for rejecting his claim.

Are you really interested? Court considers limits to registered shipowners' rights
Cyprus | 08 April 2014

The Supreme Court in its admiralty jurisdiction recently considered an application under Section 30 of the Merchant Shipping (Registration, Sales and Mortgages of Ships) Law for an order prohibiting the respondents from dealing with the two vessels registered in their name and ownership. Section 30 empowers the court to make an order prohibiting any dealing with a ship or any share in a ship.

Never too early to intervene: court revisits third-party intervention
Cyprus | 01 October 2013

The Cyprus Admiralty Court recently considered another application for intervention against the proceeds of the sale of a ship, in which the applicant disputed the claim against the ship put forward by the bank. The application was brought under the Admiralty Jurisdiction Order, on the basis that the applicant had an interest in the property sought to be affected by the bank's action.

Supreme Court rules on administrative recourse in bank resolution measures
Cyprus | 16 July 2013

The Supreme Court has exclusive jurisdiction to adjudicate any complaint that a decision, act or omission is contrary to the Constitution or law, or is made in excess or abuse of powers. Following substantial losses for customers due to decisions of the Central Bank of Cyprus as part of its bank resolution scheme, the court has recently considered the constitutionality of such decisions.

Court considers application for third-party intervention in admiralty action
Cyprus | 02 July 2013

A recent judgment arising from one of a series of claims being dealt with by the Admiralty Court against the ship AVANTIS II gives further insight into the principles that the court will apply when considering applications for intervention by a third party in admiralty actions. The court stressed that in such an application, it is of utmost importance to identify the applicant's interest and provide clear evidence of its existence.

Ship arrest and security for release: court decision offers valuable insight
Cyprus | 05 March 2013

A recent decision of the Supreme Court in its first instance admiralty jurisdiction provides valuable insight into the court's approach to applications for the arrest of vessels and for security to be lodged with the court for release of the vessel. The case centred on damage caused to a number of fish cages by a ship on approach to the port of Vasiliko, resulting in the loss of the fish that had been kept in the cages.

Court considers application for security for costs
Cyprus | 12 February 2013

A recent judgment arising from one of a series of claims being dealt with by the Cyprus courts against a ship gives an insight into the principles that the courts will apply when considering applications for security for costs in admiralty cases. The applicable law will depend on whether the party against which such an order is sought can be considered an 'adverse party' under Rule 185 of the Admiralty Jurisdiction Order.

Supreme Court considers application to amend in rem report
Cyprus | 11 December 2012

In a recent decision the Supreme Court dealt with an application by summons to amend the statement of claim filed by the plaintiff in an action in rem. The key consideration that the courts will apply in assessing such an application is the effect of the proposed amendment on the interests of the respondent. If the effect on the respondent is disproportionate, the court will dismiss the application.

Shipping & Transport

Brexit's potential impact on shipping in Cyprus
Cyprus | 21 August 2019

In an effort to minimise disruption to the shipping industry deriving from Brexit, the Shipping Deputy Ministry has undertaken a number of contingency measures. However, the ministry has emphasised that affected parties must also make their own preparations for the United Kingdom's withdrawal from the European Union and that where new authorisations, licences or certificates will be required post-Brexit, each party will be responsible for applying in good time.

New policy on registering vessels in Cyprus Register of Ships
Cyprus | 12 June 2019

The Deputy Ministry of Shipping recently updated its policy on the eligibility of ships to be registered under the Cyprus flag. The policy stipulates additional requirements beyond those set out in the Merchant Shipping Registration of Ships, Sales and Mortgages Law and should therefore be read in conjunction with the relevant legal provisions.

Renewal of civil liability certificates
Cyprus | 07 February 2018

The Department of Merchant Shipping recently issued a reminder to registered owners, bareboat charterers, managers and representatives of Cyprus-flagged ships regarding the renewal of civil liability certificates. The expiry date for most existing certificates is February 20 2018 and there has been an unprecedented delay in the submission of renewal applications. The department therefore urges parties that require a renewal to apply without further delay.

Amendments to training, certification and watchkeeping standards enter into force
Cyprus | 31 January 2018

The Department of Merchant Shipping recently issued a notification to owners, bareboat charterers, managers and representatives of Cyprus-flagged and foreign-flagged vessels visiting ports in Cyprus. The amendments concern the mandatory minimum requirements for the training and qualification of masters, officers, ratings and other personnel on passenger ships and masters and deck officers on ships operating in polar waters.

Increase in maximum number of firearms permitted under anti-piracy law
Cyprus | 10 January 2018

On the basis of experience gained since the implementation of the Protection of Cyprus Ships Against Acts of Piracy and Other Unlawful Acts Law, the Department of Merchant Shipping has increased the maximum number of firearms that approved private ship security contractors are entitled to register from 400 to 600. However, there has been no change to the ratio of two firearms per guard; the change will therefore affect only contractors with more than 200 guards.

Training subsidy scheme amendments
Cyprus | 13 December 2017

Since November 2015 the government has subsidised practical training on board ships for deck and engine cadet officers. The Department of Merchant Shipping recently announced changes to this scheme and the procedure for claiming reimbursement. The scheme has now been extended to cover vessels managed by companies located in other EU member states and a new requirement of at least 750 kilowatts of propulsion power has been introduced.

Department of Merchant Shipping issues updated list of medical practitioners authorised to carry out examinations and issue certificates
Cyprus | 29 March 2017

The Department of Merchant Shipping recently issued an updated list of medical practitioners authorised to carry out examinations and issue certificates under Article 12 of the Merchant Shipping (Medical Examination of Seafarers and Issue of Certificates) Laws 2000 and 2014 and the Merchant Shipping (Medical Examination of Seafarers and Issue of Certificates) (List of Approved Doctors) Notification 2017.

New procedure for announcing international sanctions against states, individuals and entities
Cyprus | 15 March 2017

The Department of Merchant Shipping recently adopted a new procedure for informing interested parties of UN economic sanctions and EU restrictive measures in the field of merchant shipping. As of the start of 2017, the department has discontinued its previous practice of issuing circulars to bring such measures to the attention of interested parties. Instead, it will communicate them separately in the form of sanctions information notices published on its website.

New merchant shipping law published
Cyprus | 08 March 2017

The Merchant Shipping (Issue and Recognition of Certificates and Marine Training) (Amendment) Law of 2017 recently took effect. The law has transposed the remaining provisions on the minimum level of training of seafarers into national legislation, implemented amendments to the International Convention on Standards of Training, Certification and Watchkeeping for Seafarers and introduced new competency and proficiency certificates.

Guidance ahead of entry into force of ballast water convention
Cyprus | 08 February 2017

The Department of Merchant Shipping recently issued guidance to owners, charterers and managers of Cyprus ships regarding the entry into force of the International Convention for the Control and Management of Ships' Ballast Water and Sediments 2004. Following Cyprus's accession to the convention, all Cyprus-flagged ships to which the convention applies will be required to comply with it when they call at ports or terminals of parties thereto.

Entry into force of amendments to Code of Maritime Labour Convention
Cyprus | 18 January 2017

The Department of Merchant Shipping recently informed owners, operators and managers of Cyprus ships of the adoption, under the tacit acceptance procedure, of the 2014 amendments to the Code of the Maritime Labour Convention 2006. The amendments relate to Standard A2.5 regarding the repatriation of seafarers and Standard A4.2 regarding the shipowner's liability in respect of compensation in the case of a seafarer's death or long-term disability due to occupational injury or illness.

Tonnage tax: maintenance of prescribed levels of EU-flagged vessels
Cyprus | 21 December 2016

The Merchant Shipping Law requires that in order to qualify for the tonnage tax scheme, EU-flagged ships must account for at least a specified minimum percentage of the taxpayer's fleet. The Department of Merchant Shipping (DMS) recently announced the arrangements for its annual review. According to DMS calculations, the global share of EU-flagged ships has decreased in comparison to 2014 for all categories of tonnage tax payer.

Updated guide to ship registration published
Cyprus | 09 March 2016

The Department of Merchant Shipping recently issued an updated guide to ship registration, providing comprehensive information on all aspects of registration of vessels under the Cyprus flag. The guide covers the different types of registration available, insurance against civil liability and the conditions of ownership and management, as well as operational requirements (particularly regarding safe manning).

Guidance under anti-piracy law
Cyprus | 03 February 2016

The Protection of Cyprus Ships Against Acts of Piracy and Other Unlawful Acts Law regulates the use of private security contractors on board Cyprus ships. Based on experience of the law to date, the Department of Merchant Shipping recently issued instructions to cancel the authorisation of inactive contractors and to regulate the number of private ship security guards and firearms that contractors can register under the law.

Tonnage tax – maintenance of prescribed levels of EU-flagged vessels
Cyprus | 06 January 2016

The Department of Merchant Shipping recently announced its latest review of the tonnage tax scheme, which will cover companies that entered the tonnage tax system on January 1 2013 or during the preceding 12 months. Any company or group of companies whose EU-flagged share at the time of assessment is less than its reference share and is no greater than 60% may not introduce additional non-EU ships into the tonnage tax system until it increases its EU-flagged share back to at least the level of its reference share.

Tonnage tax: countries whose ships are subject to surcharge
Cyprus | 16 December 2015

To promote its objective of improving the quality of Cyprus shipping, the Merchant Shipping (Fees and Taxing Provisions) Law of 2010 imposes a surcharge on the tonnage tax payable regarding qualifying vessels registered in countries which appear on the 'grey list' or 'black list' of the Paris Memorandum of Understanding. The Department of Merchant Shipping has determined the flags included in the relevant list for the purposes of calculating tonnage tax for 2015.

New requirements for revalidation of certificates of competency
Cyprus | 18 November 2015

The Department of Merchant Shipping recently announced that, in order to implement the 2010 Manila Amendments to the International Convention on Standards of Training, Certification and Watchkeeping for Seafarers, applicants seeking revalidation of certificates of competency beyond December 31 2016 must present specific completion of training certificates with their applications.

EU Ship Recycling Regulation implemented
Cyprus | 11 November 2015

The Department of Merchant Shipping has issued a circular to owners, managers and representatives of Cyprus-flagged ships advising them of procedures for implementing the EU Ship Recycling Regulation. For ships to be scrapped, a recognised organisation must issue a ready-for-recycling certificate supported by an inventory of hazardous materials and a ship recycling plan.

Affidavit leading to warrant of arrest
Cyprus | 07 October 2015

The Admiralty Jurisdiction Order, which governs the operation of the Admiralty Court, provides that an affidavit must be filed in accordance with Rules 50 to 54 for the issue of a warrant to arrest property. While Rule 51 requires that the affidavit state the nature of the claim and that the aid of the court is required, Rule 54 gives the court discretion to overlook formal defects.

Nairobi Convention set to enter into force
Cyprus | 02 September 2015

The Nairobi International Convention on the Removal of Wrecks will enter into force in Cyprus later this year. As a result, Cyprus-flagged vessels and vessels of 300 gross tonnage or more that call at Cyprus ports or operate within Cyprus's territorial waters must carry a certificate proving that they have insurance in accordance with Article 12 of the convention.

Maritime security for ships flying Cyprus flag
Cyprus | 19 August 2015

The Department of Merchant Shipping has issued consolidated instructions regarding maritime security in respect of ships flying the Cyprus flag. They include a list of classification societies authorised by Cyprus as recognised security organisations with authority to review and approve ship security plans of Cyprus-flagged ships, and detailed provisions on the ship security plan.

Increased liability limits under LLMC
Cyprus | 22 July 2015

​The Department of Merchant Shipping has announced increased liability limits under the Convention on Limitation of Liability for Maritime Claims 1976 and the International Convention on Civil Liability for Bunker Oil Pollution Damage 2001. The new limits are 51% higher than the previous limits across the board and apply in Cyprus and to vessels that fly the Cyprus flag.

Rights of passengers travelling by sea and inland waterway established
Cyprus | 08 July 2015

The Department of Merchant Shipping recently issued a circular on the implementation of EU Regulation 1177/2010 concerning the rights of passengers when travelling by sea and inland waterway. In order to ensure compliance with the regulation, the government has introduced a procedure to impose administrative penalties on carriers that breach its provisions.

Amendments to private ship security company certificates
Cyprus | 01 July 2015

The Department of Merchant Shipping has issued a circular informing stakeholders of changes to the procedures for amendment of certificates issued in accordance with Section 22(1) of the Protection of Cyprus Ships Against Acts of Piracy and Other Unlawful Acts Law of 2012 – in particular, regarding the addition or deletion of ship security guards or firearms.

Increased training requirements under Manila amendments
Cyprus | 20 May 2015

The Department of Merchant Shipping has issued a circular to all owners, operators and masters of Cyprus-flagged ships reminding them of the increased levels of training required for the issue of certificates of competency under the International Convention on Standards of Training, Certification and Watchkeeping for Seafarers as a result of the Manila amendments to the convention.

Department of Merchant Shipping updates list of approved private ship security firms
Cyprus | 01 April 2015

The Department of Merchant Shipping has published an updated list of approved private ship security contractors. Operators of ships intending to use the services of a private security contractor are advised to consult the online list prior to concluding any agreement, as the department will not authorise the employment of any contractor not on its list.

Cyprus accepts wreck removal certificates issued under Nairobi Convention
Cyprus | 25 March 2015

Cyprus has yet to ratify the Nairobi International Convention on the Removal of Wrecks. As a result, the Department of Merchant Shipping will not issue the necessary wreck removal certificates, but it has indicated that it will accept certificates issued by countries that have already ratified the convention to avoid any disruption in the operation and insurance cover of ships flying the Cypriot flag.

Application procedure for support under Motorways of the Sea programme
Cyprus | 18 February 2015

The Department of Merchant Shipping has issued a circular to owners, charterers, operators and managers of Cypriot ships that outlines the European Union's Motorways of the Sea programme and the financial support available under the Connecting Europe Facility, together with details of the application procedure to be followed.

Reminder of effect of consent judgments in in rem proceedings
Cyprus | 11 February 2015

A recent judgment of the Admiralty Court is a useful reminder of the need to prove a claim in in rem proceedings. The judgment shows that skipping proof has potentially devastating effects on a claim, as it excludes the claimant from the priorities procedure and ranks its claim after all in rem judgments.

Ruling offers guidance for third-party intervention in admiralty actions
Cyprus | 21 January 2015

Two applications for Supreme Court reviews of Admiralty Court first-instance judgments were recently filed. The subsequent ruling confirms that the fact that all actions against a vessel are scheduled on the same day does not by itself lead to a conclusion that filing an application to intervene long after the event may be an abuse of court procedure.

EU Marine Equipment Directive transposed into Cyprus law
Cyprus | 14 January 2015

The Department of Merchant Shipping recently announced that the EU Marine Equipment Directive has been transposed into Cyprus law. Equipment can continue to be placed on the market and on board ships until December 2016 if it was manufactured in accordance with type-approval procedures already in force before the directive's adoption.

Tonnage tax – maintenance of prescribed levels of EU-flagged vessels
Cyprus | 17 December 2014

​The Merchant Shipping (Fees and Taxing Provisions) Law provides that, in order to qualify for the tonnage tax scheme, EU-flagged ships (ships lawfully registered in and flying the flag of an EU member state or any other contracting party to the European Economic Area Agreement) must account for a specified minimum percentage of the taxpayer's fleet.

Loss of use claim in private yacht claims
Cyprus | 17 December 2014

There is no reported case law in Cyprus regarding damages for the loss of use of a non-commercial vessel such as a private pleasure yacht used by its owner for recreational purposes. A recent judgment issued by the Admiralty Court of Cyprus is noteworthy for the judge's comments on the damages to which the claimant would have been entitled had he succeeded, rather than the reasons for rejecting his claim.

List of countries with Cyprus-recognised certificates of competency updated
Cyprus | 10 December 2014

The Cyprus Department of Merchant Shipping has updated the list of countries whose certificates of competency are recognised by Cyprus under the International Convention on Standards of Training, Certification and Watchkeeping for Seafarers, as amended. The only change from the previous list, which was issued in January 2014, is the addition of Ethiopia.

Endorsements attesting to recognition of non-Cyprus certificates of competency
Cyprus | 12 November 2014

The Department of Merchant Shipping has announced changes to the application procedure and application forms for the issue, renewal and replacement of endorsements attesting the recognition of non-Cyprus certificates of competency under the International Convention on Standards of Training, Certification and Watchkeeping for Seafarers, as amended.

Tonnage tax – countries whose ships are subject to surcharge
Cyprus | 01 October 2014

In order to promote its objective of improving the quality of Cyprus shipping, the Merchant Shipping (Fees and Taxing Provisions) Law of 2010 imposes a surcharge on the tonnage tax payable in respect of qualifying vessels registered in countries which appear on the 'grey list' or 'black list' of the Paris Memorandum of Understanding.

Cyprus ship registration
Cyprus | 17 September 2014

Since independence in 1960, Cyprus has recognised the importance and potential of shipping, and government policy has succeeded in attracting shipping entrepreneurs and developing the island into a world-class shipping centre combining both a sovereign flag and a resident shipping industry, as well as one of the world's largest third-party ship management centres.

New marine accidents investigation regime
Cyprus | 23 July 2014

The Marine Accidents Investigation Committee (MAIC) was recently established under the Marine Casualties and Incidents Investigation Law (2012) which implemented EU Directive 2009/18/EC. The MAIC is an independent committee responsible for investigating all types of marine accident (casualties and incidents) and is supported by the Marine Accidents and Incidents Investigation Service.

New agreement on merchant shipping between Cyprus and Georgia
Cyprus | 16 July 2014

The new agreement on merchant shipping between Cyprus and Georgia recently entered into force. Its main provisions tackle issues of equivalent treatment, parallel registration, crew facilities, shipwrecks and accidents and remittance of income.

Passenger manifest procedures for coastal passenger vessels
Cyprus | 25 June 2014

With the summer tourist season beginning, the Cyprus Department of Merchant Shipping has issued a circular reminding operators of coastal passenger vessels of their obligation to submit a proper passenger manifest under the Ferry and Coastal Passenger Vessel Regulations of 2012 and to comply with the procedures set out in the regulations.

Deferral of requirement for security awareness certification
Cyprus | 14 May 2014

The Cyprus Department of Merchant Shipping has announced that where a seafarer on board a Cyprus-flagged ship has not received a security awareness certifications or training on designated security duties, the department will accept compliance with Section 13 of the International Ship and Port Facility Security Code. This is a temporary concession that will expire on January 1 2015.

Are you really interested? Court considers limits to registered shipowners' rights
Cyprus | 09 April 2014

The Supreme Court in its admiralty jurisdiction recently considered an application under Section 30 of the Merchant Shipping (Registration, Sales and Mortgages of Ships) Law for an order prohibiting the respondents from dealing with the two vessels registered in their name and ownership. Section 30 empowers the court to make an order prohibiting any dealing with a ship or any share in a ship.

Department amends list of countries accepted under STCW Convention
Cyprus | 19 February 2014

The Department of Merchant Shipping recently issued an updated list of countries whose certificates of competency are recognised by Cyprus under the International Convention on Standards of Training, Certification and Watchkeeping for Seafarers. The principal change from the previous list, issued by the department in September 2011, is the addition of Georgia, Malaysia and Uruguay.

Department requests submission of annual lists of seafarers
Cyprus | 22 January 2014

The Department of Merchant Shipping has issued a circular to owners, bareboat charterers, managers and representatives of ships flying the Cyprus flag, advising them of their obligation to submit their annual lists of seafarers engaged, discharged and repatriated in 2013. An annual list should be compiled in respect of each vessel and submitted by email to the department by no later than April 1 2014.

Department announces new policy on security awareness training
Cyprus | 15 January 2014

The Department of Merchant Shipping has announced a new policy on security awareness training or security training for seafarers with designated security duties under the International Convention on Standards of Training, Certification and Watchkeeping for Seafarers. The policy sets out the department's position regarding ship security officer certificates of proficiency.

Department implements EU directive on marine equipment
Cyprus | 11 December 2013

The Department of Merchant Shipping recently announced the issuance of a new order and notification under the Merchant Shipping (Marine Equipment) Law. The new order and notification transpose the revised EU Marine Equipment Directive into law in Cyprus. The order and notification took effect from November 30 2013.

Department accepts early implementation of safety regulation amendments
Cyprus | 27 November 2013

The International Maritime Organisation Maritime Safety Committee introduced new provisions on the operational testing of free-fall lifeboat release systems in May 2012. They were due to enter into force on January 1 2014, but the committee subsequently recommended their adoption at the earliest possible opportunity. The Cyprus Department of Merchant Shipping has accepted this recommendation.

Interim measures for approval of private ship security contractors
Cyprus | 13 November 2013

Operators of Cyprus ships intending to employ private security contractors must obtain the prior approval of the Department of Merchant Shipping. Companies intending to operate as private security contractors aboard Cyprus ships also require approval from the department. The department must then publish a list of private ship security companies that have been certified as complying with the requirements of the law.

Tonnage tax: maintenance of prescribed levels of EU-flagged vessels
Cyprus | 06 November 2013

In order to qualify for the tonnage tax scheme, ships lawfully registered in and flying the flag of an EU member state or any other contracting party to the European Economic Area Agreement must account for at least a specified minimum percentage of the taxpayer's fleet. The EU-flagged share of each participant in the scheme must be assessed at the third year as from the date of opting to be taxed under the system.

Never too early to intervene: court revisits third-party intervention
Cyprus | 02 October 2013

The Cyprus Admiralty Court recently considered another application for intervention against the proceeds of the sale of a ship, in which the applicant disputed the claim against the ship put forward by the bank. The application was brought under the Admiralty Jurisdiction Order, on the basis that the applicant had an interest in the property sought to be affected by the bank's action.

Department updates list of countries subject to tonnage tax surcharge
Cyprus | 11 September 2013

Under Cyprus law, a surcharge is imposed on the tonnage tax payable in respect of qualifying vessels registered in countries that appear in the grey list or blacklist of the Paris Memorandum of Understanding on Port State Control. The Department of Merchant Shipping recently issued its list of the flags included in the grey list or blacklist for the purposes of calculating tonnage tax for 2013.

Maritime Labour Convention 2006 will enter into force shortly
Cyprus | 31 July 2013

The Department of Merchant Shipping has announced that the Maritime Labour Convention 2006 will enter into force in Cyprus shortly, on the same day as its international entry into force. The convention applies to all ships that are ordinarily engaged in commercial activities, but not to ships engaged in fishing, traditionally constructed ships, warships or ships that navigate exclusively in inland waters.

Court considers application for third-party intervention in admiralty action
Cyprus | 03 July 2013

A recent judgment arising from one of a series of claims being dealt with by the Admiralty Court against the ship AVANTIS II gives further insight into the principles that the court will apply when considering applications for intervention by a third party in admiralty actions. The court stressed that in such an application, it is of utmost importance to identify the applicant's interest and provide clear evidence of its existence.

New circular sets out revised safety equipment guidelines
Cyprus | 26 June 2013

The Department of Merchant Shipping recently published new guidelines on periodic inspection and maintenance of safety equipment. The revised guidelines apply to all Cyprus-registered ships and elaborate on the minimum recommended level of maintenance and inspections for fire protection systems and appliances, stipulating that all relevant equipment must be inspected by a suitably qualified person.

Revision of tonnage tax declarations
Cyprus | 15 May 2013

The Department of Merchant Shipping recently announced that it has amended the form for declaration by a legal representative or auditor of a company adopting the tonnage tax system that the company concerned was tax resident in Cyprus for the relevant year. The declaration also sets out the tonnage of qualifying and non-qualifying ships and confirms that any non-qualifying income must be appropriately accounted for.

Ship arrest and security for release: court decision offers valuable insight
Cyprus | 06 March 2013

A recent decision of the Supreme Court in its first instance admiralty jurisdiction gives valuable insight into the court's approach to applications for the arrest of vessels and for security to be lodged with the court for the release of the vessel. The case centred on damage caused to a number of fish cages by a ship on approach to the port of Vasiliko, resulting in the loss of the fish that had been kept in the cages.

Court considers application for security for costs
Cyprus | 13 February 2013

A recent judgment arising from one of a series of claims being dealt with by the Cyprus courts against a ship gives an insight into the principles that the courts will apply when considering applications for security for costs in admiralty cases. The applicable law will depend on whether the party against which such an order is sought can be considered an 'adverse party' under Rule 185 of the Admiralty Jurisdiction Order.

Supreme Court considers application to amend in rem report
Cyprus | 12 December 2012

In a recent decision the Supreme Court dealt with an application by summons to amend the statement of claim filed by the plaintiff in an action in rem. The key consideration that the courts will apply in assessing such an application is the effect of the proposed amendment on the interests of the respondent. If the effect on the respondent is disproportionate, the court will dismiss the application.

Court rejects shipping agent's claim due to lack of jurisdiction
Cyprus | 21 November 2012

An recent ex parte application was made by Anyland Travel Agency for an arrest warrant against a ship for which it acted as agent. Anyland sought to invoke the Supreme Court of Cyprus in its admiralty jurisdiction at first instance. The court rejected the case, arguing that Anyland had provided no basis for the claim and that the wording of the relevant laws allowed for no such inference.

Appellate court confirms lack of jurisdiction in ship arrest case
Cyprus | 14 November 2012

The Supreme Court of Cyprus, in its role as Admiralty Court, recently upheld a first instance decision to dismiss a case due to lack of jurisdiction. It appears from this decision that the court, in its admiralty jurisdiction, will not proceed with interim orders against a vessel under its jurisdiction where such orders are not directly applicable to, or otherwise linked with, an underlying action in rem against the vessel itself.

Obligations of foreign vessels under port state control regime
Cyprus | 22 August 2012

The Department of Merchant Shipping recently issued a circular reminding operators, representatives and masters of foreign vessels calling at Cyprus ports of their obligations under the Merchant Shipping (Community Vessel Traffic Monitoring and Information System) Law 2004, as amended, and the Merchant Shipping (Port State Control) Law 2011. The circular detailed procedures and applicable fines for non-compliance.

Anti-piracy law enters into force
Cyprus | 11 July 2012

The Protection of Cyprus Ships against Acts of Piracy and Other Unlawful Acts Law 2012 has entered into force following publication in the Official Gazette. The scope of the law extends beyond acts and attempts of piracy and purports to address all unlawful acts against a ship or attempts to violate its security.

Draft law on protection of Cyprus ships from acts of piracy
Cyprus | 13 June 2012

New legislation on the measures to be taken to protect Cyprus ships from acts of piracy and other illegal acts is passing through Parliament. The draft law affirms the general principle that necessary measures must be taken for the safety of ships and the prevention of illegal acts, and deals with compensation for damage resulting from the fault or negligence of servants of private security contractors onboard Cyprus ships.