Cyprus Accuses Turkey of Blocking Drillship Again
Cyprus accused Turkey on Friday of threatening to use force against a drillship chartered by Italy's Eni, in a standoff over hydrocarbons rights in the eastern Mediterranean. There was no immediate reaction from Turkey, which has vowed to prevent Greek Cypriots from exploring for oil or gas around the ethnically-split island and says some areas of Cyprus's offshore maritime zone fall under its jurisdiction. On Feb. 9, the Turkish navy on manoeuvres in the Mediterranean stopped the Saipem 12000 vessel on its way to drill for gas in the waters off Cyprus, triggering a diplomatic standoff which has underscored tensions in the region over competing claims for offshore resources.
Turkish Blockade off Cyprus 'out of Eni's control'
A Turkish blockade of a ship hired by Eni to drill for gas off the Cyprus coast is a diplomatic issue that is out of the Italian oil company's hands, Eni's CEO said on Friday. Last week, the Saipem 12000 drill ship heading from a location southwest of Cyprus towards an area southeast of the island was stopped by Turkish military ships and told not to continue because of military activities in the destination area. The ship is still halted, a Saipem spokesman said. Asked about the incident, Claudio Descalzi said Italy, Europe, France, Cyprus and Turkey were discussing the issue. "It's not really under our control," he told analysts during a conference call on the company's fourth quarter results.
High Seas Standoff: Cyprus Says Turkey Blocks Drill Ship
Cyprus on Sunday accused the Turkish military of obstructing a ship contracted by Italian oil company Eni from approaching an area to explore for natural gas, highlighting tensions over offshore resources in the east Mediterranean. A spokesman for Eni said on Sunday the Saipem 12000 drill ship had been heading from a location southwest of Cyprus towards an area southeast of the island on Friday when it was stopped by Turkish military ships and told not to continue because of military activities in the destination area. Turkey, which does not have diplomatic relations with Cyprus, claims that certain areas in Cyprus's offshore maritime zone, known as an EEZ, fall into the jurisdiction of Turkey or that of Turkish Cypriots.
EU Tells Turkey to Avoid Damaging Actions after Cyprus Ship Incident
The European Union on Monday called on Turkey to avoid threats and "refrain from any actions that might damage good neighbourly" ties after Cyprus, a member of the bloc, accused the Turkish military of obstructing a ship exploring for gas. Cyprus is one of several states, also including Israel and Lebanon, racing to tap gas deposits in the eastern Mediterranean. Greek Cypriots run Cyprus's internationally recognised government, while Turkish Cypriots have a breakaway state in the north - recognised only by Ankara - and say resources around the island belong to them too. Cyprus said on Sunday the Turkish military had obstructed a vessel contracted by Italian oil company Eni which was approaching an area to explore for natural gas.
Eni Ramping up Production at Zohr Field
Production from Egypt's huge Zohr offshore gas field in the Mediterranean will reach 2.9 billion cubic feet per day by mid-2019, Italy's Eni said on Monday. Speaking at an industry event in Cairo, CEO Claudio Descalzi said the goal was to reach output of 1.8 bcf to 2 bcf per day by the end of 2018 and then ramp up to 2.9 bcf per day by mid-2019. Discovered in 2015 by Eni, the field contains an estimated 30 trillion cubic feet of gas. Descalzi confirmed that by mid-2019, seven trains would be operating. Egypt has been seeking to speed up production from recently discovered fields, with an eye to halting imports by 2019 and achieving self-sufficiency.
Turkish Ban on Cyprus Ships Pose Problems
According to Cyprus Mail, The Cyprus Shipping Council (CSC) reported that the Turkish ban on Cypriot vessels is the number one problem for the shipping industry. CSC said the ban had caused hundreds of ships over the years to re-flag out of Cyprus and prevented hundreds of other ships from using the Cyprus Registry and that the issue had now become a European one since Turkey signed the customs union protocol with the 10 new member states. However, Ankara still refuses to lift the ban on Cypriot ships. The CSC president, however, welcomed the EU’s counter-statement in October last year that clearly said the embargo on Cypriot ships must be lifted within 2006.
Cyprus Shipping 'Navigates' the Country to Recovery
Cyprus shipping sector has evolved in the recent years as one of the leading sectors of the economy and “navigates” Cyprus to economic recovery, President of the Republic Nicos Anastasiades stressed says a report by CNA. President Anastasiades expressed the government's appreciation to all participants for their continuous support and the trust they place on Cyprus Shipping and its Flag throughout the years and for contributing towards the 'impressive development of the Cyprus Shipping Industry'.
Ambrey Risk is Awarded Cyprus-Flagged Vessel
World renowned maritime security specialist Ambrey Risk has been awarded accreditation to work with Cyprus-flagged vessels. The UK-based security company, which won a Chamber of Commerce award for business growth last year, became the first UK maritime security company to be granted official accreditation from the Cyprus Maritime Authority, on 13th February 2013, sanctioning the services of armed and unarmed escort guards on vessels transiting piracy high risk areas. Ambrey Risk…
BSM: Strong Player in Cyprus Shipping
BSM reports 20% increase in the number of vessels under its management over the last year. The increase seen by BSM comes as no surprise against the backdrop of a fast growing economy that Cyprus has been demonstrating in recent times. Particularly over the last six months, the country has attracted many private equity firms and shipping companies, such as Ridgebury Tankers, who have set up presence here in Cyprus. Mr McWhinnie, an active member of the board of the Cyprus Shipping Chamber and the Cyprus Marine Environment Protection Association…
Greek Shipping Mulls Cyprus Move
Greek shipping companies are looking into moving to Cyprus due to the instability and uncertainty in Greece, it emerged, reports Cyprus News Agency. The director general of the Cypriot Shipping Chamber, Thomas Kazakos, said that a small number of Greek shippers have contacted Cypriot authorities for information on the procedures required and the tax system on the island. “Bearing in mind the developments in Greece, it is a normal consequence that some ship owners will look into … having a second base in Cyprus…
AdvanFort Earns Cypress Private Ship Security Certificate
The Cyprus Department of Merchant Shipping (DMS) has licensed the AdvanFort Company, a world-leading provider of maritime security solutions for the commercial shipping industry, to supply the services of armed and unarmed escort guards on those of its flagged vessels transiting piracy high-risk areas, it was announced today. The decision by Cypriot authorities comes just six months following similar approval by the Panama Maritime Authority (PMA) to conduct counter-piracy operations aboard vessels flying the Panama flag.
Cyprus to Establish Deputy Ministry of Shipping
Cyprus Parliament has passed a bill establishing a shipping junior ministry, the Cyprus News Agency (CNA) reported quoting government sources. The bill, tabled by the government, was approved unanimously, the agency reported, adding that two proposed amendments had been withdrawn without being put to the vote. The Minister of Transport, Communications and Works Marios Dimitriades, in a written statement, welcomes the decision of the Parliament to establish a Deputy Ministry of Shipping., noting that Cyprus’ shipping is a big chapter for Cyprus.
ChartCo Now Has Flag State from Cyprus
U.K. broadcaster of marine information by satellite, ChartCo, has been granted Flag State Approval from Cyprus, thus bringing the number of flag states that have formally approved the ChartCo broadcast service to more than 20. Strategically important to ChartCo, Cyprus is the home base of myriad ship managers and owners. In addition, many vessels choose Cyprus as their flag state, even if they do not originate from the island.
Egypt, Greece, Cyprus Pledge More Energy Cooperation
Egypt, facing its worst power crisis in decades, on Saturday pledged greater energy cooperation with Greece and Cyprus, a diplomatic move that opened up the possibility of progress in talks to import natural gas from Cyprus. The meeting in Cairo between Anastasiades, Egyptian President Abdelfattah al-Sisi and Greek Prime Minister Antonis Samaras demonstrated deepening ties between the three states, who are challenging Turkey's efforts to chart gas deposits in areas of the east Mediterrean claimed by Cyprus. The emerging alliance fits Egypt's interests well.
Cyprus LNG Terminal Non-starter?
Cypriot President Nicos Anastasiades has said that building an LNG terminal in Cyprus will depend on discoveries and the results of the country’s third licensing round. Discussing the Cyprus Exclusive Economic Zone’s third licensing round, Anastasiades said that the construction of an LNG terminal in Cyprus - and Cyrpus’ consequent conversion into an energy hub – would rely upon the results of ongoing research programmes or new licenses. As for the new licences mentioned, Anastasiades referred to the third offshore licensing round for hydrocarbon exploration the country launched on March 24…
Cyprus Launches Maritime Academy
The University of Nicosia announced the operation of the Cyprus Maritime Academy at the Bernhard Schulte Shipmanagement Centre for Nautical Education, where the academy’s facilities are housed. According to local media reports, Cyprus Maritime Academy will receive its first students in September 2016 and offer four-year degree programs which will cover the three main sectors of the nautical industry: Nautical Science, Nautical Engineering, and Nautical Electric Engineering. The Academy will take in 35-40 students in its first year.
2,500 More Ships to Cypriot Registry
As 2,500 ships currently under management by Cyprus-based companies could be registered in the Cypriot registry, a settlement of the Cyprus problem could boost the island`s commercial fleet to new levels, reports CNA. The Cypriot registry currently ranks 10th in the world and 3rd in the European Union with 1,763 ships flying the flag, despite the embargo on Cypriot-flagged ships imposed since 1987 by Turkey. Cyprus has a highly developed ship-management sector, the second largest in the world, with 2,500 ships under management by Cypriot-based firms.
BP Marine to Cease Cyprus Bunker Ops
BP Marine is to close its bunkering operation in Cyprus as a result of sales failing to deliver on expectations. BP Marine first moved into the Cyprus marine fuels market in February 2005 in anticipation of increased shipping activity following the country’s entry to the EU the previous year. This, however, did not materialise and the bunkering market has in fact shrunk as economies and trade continued to be adversely affected by ongoing regional conflicts. Parris Beverly, managing director of BP Marine Fuels, says: “Over the course of the last three years we have made every effort to stimulate business in Cyprus, but ultimately there has been no significant change.
Cyprus Pledges Support for Shipping
The government of Cyprus will support and bolster growth of the country’s maritime sector, Marios Demetriades, minister of transport, communications and works, said, reports In-Cyprus. “I would like to assure you that the Cyprus government is fully committed to safeguarding the shipping and maritime sector by doing the utmost to guarantee continuous sustainable growth,” Demetriades said. “Our shipping industry has been one of Cyprus’s most successful export services and constitutes a valuable asset,” he said.
Support to Cyprus Shipping Industry
Cyprus President Nicos Anastasiades reiterated his Government’s strong support towards the shipping industry and determination to introduce those mechanisms necessary to further enhance it. “I understand from Minister Demetriades that the study is nearing completion and I am, therefore, eager to learn about its findings and see a well-structured `Shipping Strategy` being designed, in order to take Cyprus Shipping into the future” he added. Nicos said he was grateful to the shipping industry, which had managed to help support the economy through the crisis.
Cyprus to Commission 3D Seismic Surveys
Cyprus will soon commission three-dimensional surveys of the Mediterranean seabed south of the island after early indications there could be oil and gas reserves in the area, Cyprus Mail reported. Cyprus, which has not explored for hydrocarbons before, has seismic data which calls for further research in an area south-west of the island. Norwegian company Petroleum Geo-Services (PGS) concluded two-dimensional research of a 60,000 square km offshore area in early May. The surveys would form the basis of a licensing round at the end of 2006. Upon conclusion of the 3D surveys authorities will divide the area into blocks and companies could bid for exploration rights, executable within two years of a company being awarded a contract. (Source: Cyprus Mail)
GoAGT to Provide Armed Guards Aboard Cypriot Vessels
The Cyprus Department of Merchant Shipping accredited Gulf of Aden Group Transits Ltd. (GoAGT) to provide armed guards onboard Cyprus flagged vessels. The accreditation was gained in only three months following initial submission, less than half the normal time estimated to achieve this. There are currently only 18 Private Maritime Security Companies approved by the Cyprus Department of Merchant Shipping to service the Cypriot market. This follows accreditation by Panama, and GoAGT remains committed to achieving ISO28007 international maritime security accreditation. www.goagt.org
New Maritime Exhibition Planned
Cyprus’ MIE Group, Limassol, is arranging an exhibition of marine equipment managers and services (East Med Marine Exhibition) during 7-8th April next year (2005) at the Hawaii Grand Hotel & Resort, Limassol. Backed by the Cyprus Minister of Communications and Works, the exhibition will not only have exhibitors that use MIE as their agent in Cyprus, but also other marine equipment and service companies. Some 45 companies have already signed up for this exhibition. Details can be seen on Website: www.eastmedexpo.com