Ship Management Report

The Ship Management Survey is conducted biannually by the Central Bank of Cyprus's Balance of Payments Section, which is part of the Statistics Department. The survey was launched in March 2009 and covers residents of Cyprus who provide ship management services to ship owning companies registered both in Cyprus and abroad.

The survey collects data from a representative sample on the financial transactions (revenues and expenses) carried out between resident ship management companies and non-residents of Cyprus. In particular, the survey requires, among other things, the submission of:

1. Revenues by type of service provided to non-resident ship owning companies.

2. Revenues received from non-resident ship owning companies, by country from where the revenue is derived.

3. Revenues by country of flag registration of the ships, whose management is performed by the resident ship management companies.

4. Revenues by country of residence of the ship owner, whose ships are managed by the resident ship management companies.

5. Payments made by the resident ship management companies, by country of residence of the recipient.

The results of the survey include additional economic analysis, such as:

• Size of the ship management industry as a percentage of Cyprus GDP.

• Level of concentration in the industry.

• Size of the client portfolios of the ship management companies.

• Percentage of resident ship management companies which operate in different countries (analytically by country).

• Magnitude of total expenses in the industry.

• Identification of countries which offer market opportunities for further revenue growth

The survey will be published twice a year.

Date Published: 28/05/2024

2nd Half 2023

Date Published: 11/10/2023

1st half 2023

Date Published: 26/04/2023

2nd half 2022

Date Published: 07/10/2022

1st half 2022

Date Published: 15/04/2022

2nd half 2021

Date Published: 11/11/2021

1st half 2021

Date Published: 28/04/2021

2nd half 2020

Date Published: 03/11/2020

1st half 2020

Date Published: 16/04/2020

2nd half 2019

Date Published: 06/11/2019

1st half 2019

Date Published: 07/05/2019

2nd half 2018

Date Published: 01/11/2018

1st half 2018

Date Published: 27/04/2018

2nd half 2017

Date Published: 15/11/2017

1st half 2017

Date Published: 11/05/2017

2nd half 2016

Date Published: 01/11/2016

1st half 2016

Date Published: 28/04/2016

2nd half 2015

Date Published: 19/11/2015

1st half 2015

Date Published: 09/06/2015

2nd half 2014

Date Published: 26/01/2015

1st half 2014

Date Published: 09/05/2014

2nd half 2013

Date Published: 19/11/2013

1st half 2013

Date Published: 30/05/2013

2nd half 2012

Date Published: 20/11/2012

1st half 2012

Date Published: 07/06/2012

May 2012

Date Published: 18/01/2012

January 2012

Date Published: 27/05/2011

May 2011

Date Published: 16/02/2011

February 2011