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Cyprus' shipping strategy reduces US detention rates by more than half

April 10, 2020

Cyprus is no longer part of the Targeted Flag List of the United States Coastguard (USCG), the Cyprus Shipping Deputy Ministry (SDM) has announced. This relates to the safety performance of flag administrations.

In 2019, the annual detention ratio of Cyprus ships was reduced to 0.55%, down from 1.79% in 2018, while the USCG’s overall 2019 figure was 1.12%.

In essence, this may lead to fewer inspections for Cyprus vessels at US ports and adds to the flag’s status as a high-quality flag.

 

Continue reading at source:  Cyprus Mail