Cypriot Minister of Transport, Communications and Works Marios Demetriades has expressed the point of view that despite the crisis, shipping continues to be the steam engine of the world economy.
Demetriades who, according to an official press release, was addressing on Tuesday, the International Maritime Forum, in Batumi, Georgia, pointed out that the Cyprus Ship Registry “ranks among the leading ship registries internationally and has the third largest merchant fleet within the European Union.”
“The maintenance of a high quality fleet and the effective implementation of the internationally applicable standards for the safety of life at sea, the security of ships and port facilities, the protection of the marine environment and the standards for decent work on board ships, constitute the foundation on which Cyprus builds its reputation as a serious maritime flag and as a base for international operations”, he added.
Despite the unprecedented crisis that shipping has been facing for some time now, the Cypriot minister said, “there is no doubt that it continues to be the steam engine of the world economy.”
“Shipping is not only the most cost efficient method of international trade but also the most carbon efficient, as shown by its minor percentage contribution to the global green house gas emissions in the transport sector,” he pointed out, adding that it is estimated that shipping is responsible for just 2% of global CO2 emissions.
Referring to the role of Cyprus within the International Maritime Organisation, Demetriades noted that the country “has played a positive and constructive role in the Organization/s efforts to achieve the objectives of maritime safety and environmental protection, and it is determined to continue to contribute consistently to the efforts for enhancing maritime security and facilitation of maritime traffic worldwide.”
This, he said, “is widely recognized among IMO member States, which have been electing Cyprus as a Member of the IMO Council for the last 20 years.”
He also expressed the point of view that the IMO should be the main body for setting the way forward for measures adopted in the World Maritime sector such as CO2 emissions monitoring.
Referring to Cyprus he informed his colleagues that the country has concluded a strategy for its national Integrated Maritime Policy.
“This integrated approach will allow Cyprus to exploit sustainably the resources and capabilities of the sea and contribute to an optimal and sustainable development of all related activities, the creation of new jobs and opportunities and the improvement of the quality of the marine environment,” he said.
Demetriades who, according to an official press release, was addressing on Tuesday, the International Maritime Forum, in Batumi, Georgia, pointed out that the Cyprus Ship Registry “ranks among the leading ship registries internationally and has the third largest merchant fleet within the European Union.”
“The maintenance of a high quality fleet and the effective implementation of the internationally applicable standards for the safety of life at sea, the security of ships and port facilities, the protection of the marine environment and the standards for decent work on board ships, constitute the foundation on which Cyprus builds its reputation as a serious maritime flag and as a base for international operations”, he added.
Despite the unprecedented crisis that shipping has been facing for some time now, the Cypriot minister said, “there is no doubt that it continues to be the steam engine of the world economy.”
“Shipping is not only the most cost efficient method of international trade but also the most carbon efficient, as shown by its minor percentage contribution to the global green house gas emissions in the transport sector,” he pointed out, adding that it is estimated that shipping is responsible for just 2% of global CO2 emissions.
Referring to the role of Cyprus within the International Maritime Organisation, Demetriades noted that the country “has played a positive and constructive role in the Organization/s efforts to achieve the objectives of maritime safety and environmental protection, and it is determined to continue to contribute consistently to the efforts for enhancing maritime security and facilitation of maritime traffic worldwide.”
This, he said, “is widely recognized among IMO member States, which have been electing Cyprus as a Member of the IMO Council for the last 20 years.”
He also expressed the point of view that the IMO should be the main body for setting the way forward for measures adopted in the World Maritime sector such as CO2 emissions monitoring.
Referring to Cyprus he informed his colleagues that the country has concluded a strategy for its national Integrated Maritime Policy.
“This integrated approach will allow Cyprus to exploit sustainably the resources and capabilities of the sea and contribute to an optimal and sustainable development of all related activities, the creation of new jobs and opportunities and the improvement of the quality of the marine environment,” he said.
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