The market for rail in South East Asia is opening up, with many ambitious projects on the market and strong support for public private partnerships and private finance.
The Department of Merchant Shipping recently announced that it has amended the form for declaration by a legal representative or auditor of a company adopting the tonnage tax system that the company concerned was tax resident in Cyprus for the relevant year.
The Department of Merchant Shipping recently announced that with effect from the 2012 tax year, all owners of foreign ships, charterers and ship managers participating in the tonnage tax system must submit a declaration by their legal representative or auditor in the prescribed form, together with their tonnage tax declaration.
A recent decision of the Supreme Court in its first instance admiralty jurisdiction gives valuable insight into the court's approach to applications for the arrest of vessels and for security to be lodged with the court for the release of the vessel.
The Department of Merchant Shipping HAS recently announced how aspects of the EU Passenger Liability Regulation will be applied within Cyprus and to Cyprus-flagged ships.
The respondent, Delaford Trading Limited, was engaged in a separate action (20/12) in the Admiralty Court against the same ship for provision of bunkers and lubricants.
The Department of Merchant Shipping has recently issued guidance on several aspects of the tonnage tax system under the Merchant Shipping (Fees and Taxing Provisions) Law (44(I)/2010).
The new aims to simplify and harmonise the administrative procedures applied to maritime transport under the Reporting Formalities for Ships Ariving and Departing from Ports of the Republic Law of 2012.
The Protection of Cyprus Ships against Acts of Piracy and Other Unlawful Acts Law of 2012 has entered into force following publication in the Official Gazette on 15 June 2012.
The Cyprus Department of Merchant Shipping has issued a circular (26/2012) reminding operators, representatives and masters of foreign vessels calling at Cyprus ports of their obligations under the Merchant Shipping (Community Vessel Traffic Monitoring and Information System) Law of 2004 as amended and the Merchant Shipping (Port State Control) Law of 2011.
On 13 March 2013 the European Commission published its proposal for a Regulation to amend the ever-controversial Regulation 261/2004 on air passenger rights.
The European Commission published the draft Fourth Railway Package at the end of last month.
In a decision that will please many carriers and their insurers, a judgment of the Toulouse Court of Appeal issued in March 2013 has held that the Warsaw Convention applies not only to passenger claims brought directly against an airline, but also to an attempt by a manufacturer to join an airline as a third party to an action brought by passenger interests against the manufacturer of the aircraft involved in an accident.
A discussion on the implications affecting the civil aviation industry, following the Concorde crash.
The European Commission has recently announced its decision to prohibit the proposed acquisition of control of Aer Lingus by Ryanair.
The Irish Government acknowledges the key role Ireland’s taxation system plays in ensuring that Ireland remains one of the leading jurisdiction for aircraft leasing and related business.
On 3rd December 2012 the Department of Transport, Tourism and Sport together with the Irish Aviation Authority hosted a conference to hear from stakeholders in anticipation of developing a new national aviation policy.
When does title in the ship pass from the shipbuilder to the shipowner?
Ireland continues to build on its reputation as a centre of excellence for aircraft financing and leasing and its position has been further enhanced in recent years.
A new scenario is taking shape in the airline industry with the rapid expansion of Emirates, the Persian Gulf-based airline, which in a recent development has begun offering services between the European Union and the U.S. through direct flights as well as under special partnerships with other airlines.