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PwC Cyprus: Leading the way for the success of the shipping sector

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PwC Κύπρου: Βαζοντα ς πλoρη για την επιτυχiα του τομeα της ναυτιλiας

The shipping sector, which is of critical importance to the international economy, has been facing many challenges in recent years. The coronavirus pandemic, the war in Ukraine and most recently in Gaza, with the resulting malfunction of the Suez Canal, have created several problems, the impact of which is evident on the economies.

The sector is called, at the same time time, na implement vital reforms and key milestones, such as the green and digital transition and its adaptation to the requirements of ESG criteria. Shipping's path to sustainability passes through key points such as harnessing technology, investing in research and technology, upskilling workers and treating them equally.

The professionals of the Shipping sector in Cyprus had the opportunity to attend a particularly interesting discussion in the context of the event organized on Tuesday, January 23, 2024,  PwC Cyprus, entitled “Setting Sail for Success”.

Cleo Papadopoulou, Partner at PwC Cyprus and Head of Transport and Supply Chain issues, emphasized the importance of shipping for the Cypriot economy, saying that companies operating in the sector are called upon to ensure their sustainability by upgrading and making their business more efficient models. “The shipping sector”, pointed out Mrs. Papadopoulou, “has a decisive role to play in the implementation of the great goal, included in “Vision 2035″, for a Cyprus that will be able to offer ideal conditions for its residents, workers , entrepreneurs and investors”.

PwC Κύπρου: Βαζοντα ς πλoρη για την επιτυχiα του τομeα της ναυτιλiας

At the Conference addressed by Mr. Stelios Chimonas, Director General of the Deputy Ministry of Shipping, a series of issues that already concern the shipping industry and are interrelated were analyzed. These include tax issues, the EU Emissions Trading Scheme and its impact on the sector, the Corporate Sustainability Reporting Directive, pay transparency, personal data privacy, artificial intelligence and service improvement.< /p>

It is worth noting that among the presenters of the thematic sections was Dr. Theodoulos Mesimeris, Senior Environmental Officer and Mr. Dimitris Sakkipis ESG Leader of PwC Greece.

Source: www.philenews.com

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