Gold Magazine June - July 2013, Issue 27 | Page 53

SPECIAL ADVERTISING SUPPLEMENT CYPRUS SHIPPING DIRECTORY 2013 THE CYPRUS FLAG IS THE 10TH LARGEST FLEET IN THE WORLD AND THE 3RD LARGEST IN EUROPE WITH 1,000 OCEANGOING SHIPS OF 20 MILLION GROSS TONS. DOZENS OF SHIP OWNING, SHIP MANAGEMENT AND CHARTERING COMPANIES ARE BASED MAINLY IN LIMASSOL, TOGETHER WITH FIRMS SPECIALIZING IN SHIPPING, INCLUDING SPARE PARTS SUPPLIERS, MARINE INSURANCE BROKERS, ICT SPECIALISTS, AND ESSENTIALLY EVERYTHING THAT THE SHIPPING COMPANIES NEED IN ORDER TO OPERATE. CYPRUS IS ALSO PROUD OF ITS EU-APPROVED TONNAGE TAX SYSTEM, WHICH IS ARGUABLY THE MOST COMPETITIVE IN EUROPE. ON THE FOLLOWING PAGES, VARIOUS SHIP OWNERS AND SHIPPING SERVICE PROVIDERS TALK ABOUT HOW THEY CONTRIBUTE TO THE SUCCESS OF INDUSTRY AND HOW THEY SEE ITS FUTURE.