Talk to Tanker shipping and tradingCypriot Deputy Shipping Minister Vassilios Demetriades answered questions about how the organization helps its partners.
He stressed that Cyprus’ response to the Russian invasion was clear: “Cyprus expresses its full solidarity with Ukraine and the Ukrainian people, strongly condemns Russia’s unprovoked and unjustified military aggression against Ukraine and supports unequivocally the sovereignty, independence and territorial integrity of Ukraine”.
He added: “Cyprus’ policy on sanctions in the shipping sector is that such sanctions should be targeted and traceable, ensuring uniform and effective implementation.”
As the crisis created by the Russian invasion developed, the Deputy Ministry of Shipping (SDM) issued seven Sanctions Information Notices (SINs) which are addressed to the Cypriot shipping industry. As of 13 May 2022, these documents provide information and analysis on the five EU sanctions packages adopted in response to the gravity of the situation in Ukraine.
SINs were issued between March 2, 2022 and May 5, 2022 and are available on the SDM website; they must be placed on board vessels flying the Cypriot flag.
Deputy Shipping Minister Demetriades led the response to the Covid pandemic, creating a plan to vaccinate sailors and has now turned his attention to the latest humanitarian issue resulting from the Russian invasion: ship managers. crew unable to pay sailors’ salaries.
This stems from the fact that an increasing number of Russian banks are blocked in international transactions and that Ukrainian sailors and their families seek safety in other states that cannot access payment of wages. For persons employed on board vessels flying the Cypriot flag, Cyprus has put in place a procedure with Cypriot financial institutions, facilitating the opening of bank accounts for the seafarers concerned and has adopted urgent interim measures concerning the extension of contracts commitment of seafarers given the seriousness of the situation in Ukraine.
“We are humbled and honored to have achieved Qualship21 status”
Palua International Ship Registry has issued a 15-step sanctions guideline through its partner, maritime intelligence provider Pole Star. The white paper emphasizes the need to understand where to find sanctions information, train staff to monitor sanctions, and understand the importance of documenting internal and external compliance, as well as the consequences of non-compliance.
In other flags and registry news, The Liberian Registry has been awarded QUALSHIP 21 status for 2022-2023 by the United States Coast Guard (USCG). The prestigious QS21 program rewards ships and flag states that have met specified safety and quality requirements and regulations when calling at ports in the United States.
To be eligible for QS21, flag administrations must have a Port State Control (PSC) detention rate of less than 1.00% over three years and be credited with more than 10 PSC reviews per year during the last three years. QS21 status brings benefits to ships visiting the United States.