The Cypriot flag is growing again, according to the country’s deputy minister for shipping.
Marina Hadjimanolis told the International Business Day conference that figures for the first half of 2024 show the register pulling out of a two-year decline.
Kathimerini daily cited the minister as saying this was down to the flag strengthening its services amid geopolitical tensions impacting shipping, including the Ukraine war and the Red Sea attacks on vessels.