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Bermuda's Economic Substance Act 2018 and Economic Substance Regulations 2018 (and subsequent amendments) set out the requirements that Bermuda-based entities must adopt with regard to economic substance in the jurisdiction.
The aviation industry has been severely impacted by the COVID-19 pandemic.
Cayman Islands
The yachting industry, like many other travel related industries, was initially hit hard by the Covid-19 pandemic.
Elias Neocleous & Co LLC
On 21 October 2020 the admiralty division of the Supreme Court issued a judgment (in Admiralty Action 6/2020) confirming that a warrant of arrest may only be issued only in in rem proceedings...
Michael Kyprianou Advocates & Legal Consultants
In the age of Covid19, of climate change and taking into consideration the new regulations which the Paris Agreement brought, the shipping industry is embracing good practices so as to become...
Michael Kyprianou Advocates & Legal Consultants
Ship arrest is a complicated area of civil law which may well vary in different jurisdictions. In Cyprus, ship arrest is enforced by the Administration of Justice Act Part 1 of the Arrest Convention in 1952, ...
Elias Neocleous & Co LLC
On 30 September 2020 the Shipping Deputy Ministry issued Circular 20/2020, notifying interested parties of the entry into force of the 2018 amendments to the Code of the Maritime Labour Convention...
A. Karitzis & Associates L.L.C
The creation of a mortgage under Cypriot law is not allowed on vessels registered parallel-in in the Register of Cyprus Ships.
Harris Kyriakides
On the 14th of May 2020, the European Commission decided to refer Cyprus to the Court of Justice of the European Union due to its failure to implement a national register of road transport companies.
AGP Law Firm | A.G. Paphitis & Co. LLC
In order to improve road safety and eliminate unconsciousness of the citizens, Cyprus introduced new provisions regarding the Road Traffic Offences which came into effect the 1st of October 2020.
GVZH Advocates
With 850 vessels bigger than 24m, the Malta Shipping Register is now the largest superyacht register worldwide. These superyachts employ various specialised sectors on top of the regular seafaring operators.
KPMG Malta
Stephan Piazza interviewed by Ship Management International.
GTG Advocates
On the 18th of December 2019, the provisions found in the Code of Organisation and Civil Procedure relating to the arrest of ships were formally amended.
GTG Advocates
The aviation and shipping industries are unique in the sense that both industries operate using high value assets which are very costly to purchase and even more challenging to operate and maintain.
GTG Advocates
Due to the ever intensifying Covid19 pandemic, the Ports and Yachting Directorate has issued additional precautionary measures applicable...
GTG Advocates
As from the 1st of April 2020, the Merchant Shipping Directorate has granted an extension period of 3 months from the anniversary on which any payment...
GTG Advocates
The shipping industry is responsible for approximately 90% of worldwide trade, with over 50,000 merchant ships trading internationally and registered in over 150 different nations carrying approximately one million seafarers of virtually every nationality.
GTG Advocates
Due to COVID19 a number of measures needed to be urgently addressed which incidentally affected the shipping industry.
GTG Advocates
On return ashore, no quarantine is required as long as there is compliance with the PPE and IPC measures listed below.
A. Karitzis & Associates L.L.C
Coastal State regulation of bunkering (the supplying of fuel for use by ships) in the Exclusive Economic Zone (EEZ) is a contentious matter.
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