Global shipping will continue to face various challenges; however, Cyprus shipping remains resilient, innovative, and successful, stated the Deputy Minister of Shipping, Marina Hadjimanolis, noting that 2026—despite its “turbulent waters”—is full of opportunities.

On Thursday afternoon, Ms. Hadjimanolis addressed the opening of the 3rd CSN Cyprus Shipping Debate, themed “Shipping Through Times of Turbulence and Innovation,” held in Limassol in the presence of institutional bodies and the local shipping business community.

In her speech, the Deputy Minister noted that the shipping industry is at a pivotal point that will shape its future. She added that the development of technology and innovation, if used correctly, can significantly strengthen and promote the maritime industry in a sustainable and long-term manner.

Stating that, much like 2025, global shipping will continue to face various hurdles, she noted that decarbonisation, environmental regulations, digitalization, the shortage of trained seafarers, and geopolitical developmentscollectively create a complex framework of challenges that render the maritime sector extremely vulnerable.

Despite these challenges, Marina Hadjimanolis emphasized that Cyprus shipping has remained resilient, innovative, and successful, further strengthening and consolidating its position. She reminded the audience that over the last two years, the Cyprus Registry has grown by more than 20%, a result she described as the “outcome of a strategic priority plan.”

She expressed her satisfaction with the registration of newbuild vessels in the Cyprus Registry by several companies that trust the prestige and quality of the Cyprus flag. At the same time, she continued, the services provided to shipping companies continue to be upgraded, ensuring the Cyprus Registry remains modern, efficient, and competitive. In this context, she pointed out that the digitalisation of the Deputy Ministry of Shipping’s services is expected to add another strong competitive advantage.

Among other points, Ms. Hadjimanolis touched upon the re-election of Cyprus to the Council of the International Maritime Organization (IMO) and made special reference to the priorities during the Cyprus Presidency of the Council of the EU.

As she stated, these priorities include strengthening seafarers’ education—specifically through retraining and upskilling—raising awareness about the maritime profession, and promoting the equal participation of women throughout the shipping industry. These priorities are expected to be officially adopted via the “Nicosia Declaration” at the Informal Council of EU Maritime Affairs Ministers, to be held on April 29.

Additionally, on April 28, the Deputy Ministry of Shipping will organize a High-Level Ministerial Conference entirely dedicated to these national priorities regarding seafarers and gender equality in the sector.

In closing, she reassured the industry that “we are ready for 2026, which despite its turbulent waters, is full of opportunities.”

The 3rd CSN Cyprus Shipping Debate was also addressed by the President of the Cyprus Shipping Chamber, Andreas Neophytou, who also referred to the challenges facing shipping. He assured that the Chamber will continue to work for and support its members, collaborating with the Government and the Deputy Ministry toward a sustainable, competitive, and internationally aligned shipping sector.

The event concluded with the traditional Vasilopita cutting and panel discussions regarding geopolitical developments, the green transition, and digital transformation in relation to Artificial Intelligence.

Source: Translated from BRIEF brief.com.cy