Companies category powered by

CSC welcomes EU Parliament condemnation to the escalating threats in the Red Sea

The Cyprus Shipping Chamber (CSC) has welcomed the Resolution adopted by the European Parliament condemning the recent spate of attacks on commercial vessels in the Red Sea and calling for immediate and concerted EU action to address the threat to maritime security in the region.

The condemnation came on 18 January.

"The European Parliament’s firm support, reflects the gravity of the situation in the Red Sea and sends a clear message about the importance in safeguarding Shipping, the unjustly victimised seafarers and the sea routes, crucial to international trade," a CSC announcement noted.

The Chamber continued, "The Shipping Industry, urgently requires decisive and collective action from all Member States in upholding international maritime law and ensuring the safety of commercial Shipping in crucial waterways linking Europe and Asia, vital for global prosperity."

The Cyprus Shipping Chamber also welcomed China’s call on 19 January for an end to harassment of vessels in the same region, the announcement concluded.

Read More

CPI Holdings Plc announces definitive agreement for the acquisition of SCSS Fund Management Ltd
33East’s Demetrios Zoppos: We expect to start Cyprus Equity Fund operations in the Autumn
President discussing "three to four Commissioner portfolios" with von der Leyen
Total deposits show decrease, loans up in June
Electricity market to open in July 2025, Energy Minister reveals
The deadline is almost here: Submit your nominations now for the CBN Young Dragon Awards!
Any announcement on EPPO investigation into Vasilikos contract would have been considered interference, President says
Work & Play According to Taste
Limassol-based Nexters’ ‘Hero Wars: Alliance’ clears $1.5 billion in revenue
The Republic of Cyprus provided consent under IF/OECD to the Pillar 2 safe harbour rules