05.07.2022
The Deputy Ministry of Shipping on Monday announced that Minister Vassilios Demetriades is currently on an official visit to Japan.
During his stay in the country, the minister will hold a series of meetings with government officials, representatives of shipowners’ trade unions, as well as leaders of the shipping and financial sectors.
According to a press release from the Deputy Ministry, the visit took place as part of the promotion of Cyprus as a maritime center.
The ultimate goal of the strategy is to attract international shipping companies to Cyprus as well as register ships from this particular market.
In addition, he is expected to visit a number of companies to present the benefits of the Cypriot shipping sector.
The Deputy Minister will also host a number of other meetings to present current developments and issues in global shipping.
The Cypriot minister will also take part in the christening ceremony for a newly built cargo ship owned by Safe Bulkers, a company that provides seaborne bulk cargo transportation services.
The ship was built by a Japanese shipyard in accordance with the latest environmental standards and will sail under the Cypriot flag.
Skyserv, Greece’s leading airline ground handler, announced on Monday the start of operations at Larnaca International Airport.
The company, which has significant experience in 36 airports in Greece and has over 150 clients, recently won a tender for a third ground handling license at Larnaca International Airport.
Skyserv offers a full range of air transport and ground handling services and provides customized solutions for each of the partner companies.
The company has already invested heavily in recruitment, and its business plan for the next three years includes additional hiring as well as expanding international strategic synergies.
“Two years ago our group arrived in Cyprus with SKY Express and we have invested in its people, we have trusted its institutions and we support the prospects of its economy,” said Nikos Grylos, general manager of Skyserv Cyprus, noting that “Cyprus will also become our country.” .
“Today we are taking another step forward by investing in the airport ground handling sector,” he added.
Grylos also said that the company has created new specialized jobs and strengthened the market, which is of great benefit to the Cypriot economy.
“We are confident that this mutually beneficial and successful course will continue,” he concluded.
The Cyprus Stock Exchange (CSE) ended Monday, July 4 with a marginal gain.
The overall Cypriot stock market index stood at 67.49 points at 12:51 pm during the day, reflecting an increase of 0.12% from the previous trading day
The FTSE/CySE 20 index stood at 40.38 points, up 0.12%.
The total transaction value was 16,351 euros.
As for the sub-indices, the main index rose by 0.14%, while the hotel, investment and alternative indices remained stable.
Bank of Cyprus (+0.49%), Cyprus Cement Company (no change), Alkis H. Hadjikyriacos – Frou Frou Biscuits (no change), Woolworth Cyprus Properties (no change) and Unigrowth Investment attracted the most investment interest. (without changes).
