Cyprus plan to attract “Brexit-ed” shipping companies bears fruit

24 January 2019
163 Views

P&O Ferries, one of the UK’s biggest shipping companies, in light of the upcoming Brexit, has taken the decision to re-flag its entire fleet of ships connecting Dover to Calais under the Cyprus standard.

The aim is to keep the advantageous provisions of sailing under an EU member country flag.

The firm had initially announced that two of its English Channel ferries, “Spirit of Britain” and “Spirit of France” had been registered in Limassol.

P&O Ferries’ spokesman stated, however, that “for operational and accounting reasons, we have concluded that the best course of action is to re-flag all ships to be under the Cyprus flag”.

The decision followed a review of the flag status of P&O’s ships on the English Channel, on top of the former two.

Source: balkaneu

You may be interested

Bloomberg: EU may freeze customs union talks with Turkey over illegal drilling activities in Cyprus’ EEZ
GREECE
shares21 views
GREECE
shares21 views

Bloomberg: EU may freeze customs union talks with Turkey over illegal drilling activities in Cyprus’ EEZ

makis - Jun 17, 2019

The European Union is set to threaten Turkey with retaliation over its drilling activities in the Eastern Mediterranean, adding to…

JOKER results: 16/06/2019
GREECE
shares48 views
GREECE
shares48 views

JOKER results: 16/06/2019

Panos - Jun 16, 2019

The winning numbers from the JOKER draw are as follows:

Lotto results: 15/06/2019
GREECE
shares58 views
GREECE
shares58 views

Lotto results: 15/06/2019

Panos - Jun 15, 2019

The winning numbers from the Lotto draw are as follows:

Leave a Comment

Your email address will not be published.