Cyprus Shipping Chamber Renews Collective Bargaining Agreement for Seafarers

The Cyprus Shipping Chamber, acting as an employers’ association, has renewed the Cyprus Collective Bargaining Agreement for Seafarers employed on Cyprus flag ships. The agreement was signed with the two Cyprus seafarers trade unions, SEK and PEO, and co-signed by the Cyprus Employers and Industrialists Federation (OEB). The renewed agreement, effective from January 1, 2024, to December 31, 2025, reflects internationally accepted labor minimum standards, particularly in terms of seafarers’ wages. This successful renewal is a testament to the collaborative efforts and strong maritime labor relations in Cyprus, showing the industry’s dedication to maintaining a sustainable and supportive environment for seafarers.

The commitment to dialogue and cooperation among all parties involved in Cyprus reflects the industry’s dedication to maintaining a sustainable and supportive environment for seafarers. The agreement also creates promising prospects for the further development of the Cyprus Shipping Industry and the Cyprus Flag, as well as the significant financial contribution of Cyprus Shipping to the Cyprus economy. This renewal signifies a positive step forward for the Cyprus shipping industry and its workforce, ensuring fair labor standards and a supportive environment for seafarers.

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