Cyprus, with its strategic geographical location at the crossroads of Europe, Asia, and Africa, has established itself as a premier global hub for shipping and maritime services. This island nation is not only a favored destination for ship registration but also an attractive jurisdiction for shipping companies, thanks to its favorable tax regime, competitive registration costs, and robust legal framework. If you’re looking to navigate the complex waters of admiralty and shipping law, Thadden & Puckler is your reliable partner in Cyprus.

Why Choose Cyprus for Admiralty and Shipping Services?

Cyprus has developed a comprehensive and advantageous maritime infrastructure that appeals to shipping entrepreneurs worldwide. The country’s open registry system allows non-Cypriot citizens to register ships under the Cyprus flag, providing access to several benefits, including low operation costs and a favorable tonnage tax system. Moreover, Cyprus is one of the few EU countries with such a registry, making it a unique and advantageous location for maritime businesses.

The maritime sector in Cyprus is supported by a well-established legal framework that aligns with international maritime conventions, ensuring that all operations under the Cyprus flag comply with the highest standards of safety, security, and environmental protection. This legal infrastructure is further bolstered by Cyprus’ numerous bilateral treaties for the avoidance of double taxation, which significantly benefit international shipping companies.

Our Admiralty and Shipping Services

At Thadden & Puckler, we provide a wide range of admiralty and shipping services, all delivered by our team of registered lawyers who are well-versed in the complexities of Cyprus maritime law. Our services are designed to cater to the diverse needs of shipowners, charterers, freight forwarders, insurers, and other stakeholders in the maritime industry.

1. Ship Registration and Management

We assist clients in the registration of vessels under the Cyprus flag, guiding them through the entire process to ensure compliance with the regulatory requirements set by the Cyprus Shipping Deputy Ministry. Our services include the drafting and review of ship management agreements, ensuring that all aspects of vessel operation are legally sound and tailored to our clients’ needs.

2. Maritime Contracts

Our experienced maritime lawyers specialize in drafting, negotiating, and reviewing various maritime contracts, including charter parties, shipbuilding contracts, and bills of lading. We ensure that your contracts are robust, minimizing risk and protecting your interests in every transaction.

3. Ship Finance and Security

We provide comprehensive legal advice on ship finance, representing both lenders and borrowers in loan agreements, leasing arrangements, and debt restructuring. Our team also handles the creation, registration, and enforcement of ship mortgages, ensuring that all financial transactions are secure and compliant with Cyprus law.

4. Shipping Disputes and Litigation

In the event of a dispute, our skilled litigators are prepared to represent your interests in court, arbitration, or mediation. We handle a wide range of shipping disputes, including cargo claims, charter party disputes, and ship arrest and release proceedings. Our goal is to resolve disputes efficiently while safeguarding your commercial interests.

5. Maritime Insurance

We advise on all aspects of maritime insurance, including hull and machinery insurance, protection and indemnity (P&I) coverage, and freight, demurrage, and defense (FD&D) insurance. Our team ensures that you are fully covered against potential risks, and we provide representation in insurance claim disputes.

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