Escalating attacks in the Strait of Hormuz and the Black Sea are alarming Cyprus’s shipping industry, raising safety concerns for seafarers and increasing insurance costs. Recent violence, including the sinking of commercial vessels, has intensified fears for maritime operations, jeopardizing vital trade routes and exacerbating international trade costs.
Shipping Deputy Minister Marina Hadjimanolis emphasized the vital role of seafarer protection in achieving safe and competitive shipping practices during a maritime program in Athens. Celebrating the 20th anniversary of the Maritime Labour Convention, she highlighted its importance in safeguarding seafarers’ rights amid evolving industry challenges and technological advancements.
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