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Cypriot Shipowners' Association – €50m aid to victims of floods and fires

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During the General Assembly, the challenges of Cypriot shipping were discussed, in the presence of Greek shipowners and the Deputy Minister of Shipping Marina Hatzimanoli

Κυπριακor Eνωση Πλο ιοκτητoν - Βοorθεια €50 εκ σε πληγντ ες πλημμυρoν και πυρκαγιoν

The Deputy Minister of Shipping, Marina Hatzimanoli, developed to the shipowners the strategic actions that are being launched to strengthen the Cypriot registry

Financial aid of 50 million euros was announced by the President of the Cyprus Shipowners' Union, Andreas Hatzigiannis, for those affected by the floods and fires in Greece.

According to today's announcement of the Cypriot Shipowners' Association, “expressing the shock of the shipping community for the human losses and the wounds left in their wake by the catastrophic floods”, Mr. Hatzigiannis announced monetary aid of 50 million euros for the affected, with a sense of duty as he said, towards fellow man and society.

Speaking at the dinner of the Cyprus Shipowners' Union held in the presence of the President of the Hellenic Republic, Katerina Sakellaropoulou and the President of the Republic of Cyprus, Nikos Christodoulides in Kifissia in Athens, the President of the Cyprus Shipowners' Union noted that, today, while new leaps are needed for the shipping, unfortunately, corrosive deviations are increasingly observed in the direction of overturning the genetic component of modern shipping. In other words, the model of leading European shipping, with Greek shipping at its core, at the seamless service of everyone without exception.

“The European fleet is shrinking. Features: out of 10 ships for sale only 3 are bought by Europeans. Large Western banks, already aware of the decline in the competitiveness of European shipping, are withdrawing from its financing. Startup shipping companies in Europe are an endangered species. The national shipping of 1000 companies has already fallen to less than 600 while it has also lost the first place, which it held since the 1950s”, said Mr. Hatzigiannis.

He referred to unfriendly approaches and policies of the EU with unfavorable taxation of shipping with billions under the pretext of trading pollutants for emission of greenhouse gases relatively negligible. Based on the results of the EU's own and the UN's own studies, he said, “the environmental burden of shipping would be completely offset if every person replaced animal-based protein with plant-based protein just once a quarter.” “For this footprint the EU imposes an elimination method, the cost of which to shipping, over a twenty-five-year horizon, according to studies, amounts to 2.5 to 3.5 repeat 3.5 trillion dollars,” he added.

During the General Assembly, the challenges of Cypriot shipping were put on the carpet, in the presence of Greek shipowners and the Deputy Minister of Shipping Marina Hatzimanolis, with the President of the Cyprus Shipowners' Union Mr. Hatzigiannis and Vice President Poly B. Chatzioannou to analyze the practical difficulties of the European decisions and the environmental regulations imposed by the ETS.

Mr. Chatzigiannis spoke of extortion at the expense of shipowners, with the decision for horizontal taxation of pollutants in shipping.

Deputy Minister of Shipping Marina Hatzimanoli developed to shipowners the strategic actions that are being launched to strengthen the Cypriot registry which was weakened due to Russia's war in Ukraine and sanctions. He assured of the strong commitment of the Christodoulidis government to further develop the sustainable development of Cyprus Shipping

Source: www.kathimerini.com.cy

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