The Cypriot shipping industry has proved resilient amidst the Covid pandemic, Deputy Minister for Shipping Vassilis Demetriades has said.
Presenting the Deputy Ministry’s budget for 2022 to the parliamentary committee of Finance and Budgetary Affairs Demetriades said both the shipping registry and the shipping companies registered in Cyprus have registered growth during the pandemic.
He noted that the Cypriot registry numbers more than 1,000 ocean-going vessels out of 1,750 ships with total tonnage close to 25 million, for the first time since Cyprus’ entry to the EU.
Continue reading at source: Gold News
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