ARTICLE
21 November 2013

Interim Measures For Approval Of Private Ship Security Contractors

EN
Elias Neocleous & Co LLC

Contributor

Elias Neocleous & Co LLC is the largest law firm in Cyprus and a leading firm in the South-East Mediterranean region, with a network of offices across Cyprus (Limassol, Nicosia, Paphos), Belgium (Brussels), Czech Republic (Prague), Romania (Budapest) and Ukraine (Kiev). A dynamic team of lawyers and legal experts deliver strategic legal solutions to clients operating in key industries across Europe, Asia, the Middle East, India, USA, South America, and China. The firm is renowned for its expertise and jurisdictional knowledge across a broad spectrum of practice areas, spanning all major transactional and market disciplines, while also managing the largest and most challenging cross-border assignments. It is a premier practice of choice for leading Cypriot banks and financial institutions, preeminent foreign commercial and development banks, multinational corporations, global technology firms, international law firms, private equity funds, credit agencies, and asset managers.
The Protection of Cyprus Ships against Acts of Piracy and Other Unlawful Acts Law 2012 requires operators of Cyprus ships intending to employ private security contractors to obtain the prior approval of the Department of Merchant Shipping.
Cyprus Transport

The Protection of Cyprus Ships against Acts of Piracy and Other Unlawful Acts Law 2012 requires operators of Cyprus ships intending to employ private security contractors to obtain the prior approval of the Department of Merchant Shipping. Companies intending to operate as private security contractors aboard Cyprus ships also require approval from the department.

Under Section 33(8) of the law, the department must publish a list of private ship security companies that have been certified as complying with the requirements of the law. This list is published on the department's website and regularly updated. As at October 4 2013, 43 companies had received approval.

The department has also published details of the fees to be charged under the law. The principal fees are as follows.

Originally published in ILO, November 13 2013.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More