Cyprus Mail11 Jun 2026

Cyprus shipping strengthens global standing as sector contributes €1.9 billion

Cyprus shipping further strengthened its position as one of the island’s most important economic sectors in 2025, contributing around 7 per cent of GDP, approximately €1.9 billion, according to the Cyprus Shipping Chamber’s (CSC) annual report.

The sector, which operates without direct state investment, continued to support the wider economy while reinforcing the international standing of the Cyprus flag, which remains recognised for its reliability and prestige....

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