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Cyprus’ National Shipping Strategy Yields Positive Results

The Cyprus Shipping Deputy Ministry has announced that, based on the outcome of the US Government’s 2019 Annual Report on Port State Control; Cyprus is no longer part of the Targeted Flag List of the United States Coastguard (USCG) in relation to the safety performance of flag administrations.

The three-year average detention ratio of Cyprus for the period 2017-2019 was 0,96 percent compared to an average USCG ratio of 1,08 percent. In 2019, the annual detention ratio of Cyprus ships was reduced to 0,55 percent, down from 1,79 percent in 2018, while the USCG’s 2019 ratio was 1,12 percent.

This enhanced track record is the result of a comprehensive National Shipping Strategy, which the Shipping Deputy Ministry has been implementing since its inception in order to cement its position as one of the world’s top flag administrations and as a leading shipping cluster.

Whilst from a practical point of view, this may lead to fewer inspections for Cyprus vessels at US ports, it adds to the flag’s status as a high-quality flag which is consistently part of the ‘white lists’ of the Paris and Tokyo MoU’s.