CSA has been duly invited to attend the 11th Nicosia Economic Congress, held digitally on the 20th of April 2021, coordinated by IMH and organized by the Institute of Certified Public Accountants.
The aim of the Congress was to contribute in the creation of long term vision for sustainable development and prosperity in Cyprus, as business leaders of each industry outlined the focal points necessary to achieve sustainable economic growth , with a generalised goal of the gross domestic product to rise approximately to €40bn by 2030.
Distinguished delegates and panellists both from the private and public sector have exchanged views and addressed issues amongst others concerning the digital future of Cyprus, the importance and value added by our educational system and local universities , the recent developments of the real estate and construction sector which is highly correlated with the demand for raw materials and consumer products, the need for Cyprus Shipping to capitalise on its strengths and increase competitiveness and the ongoing projects concerning the energy sector with the ultimate aim of delivering cheaper and cleaner energy/electricity to businesses and households.
Related subjects included the need to adopt an extrovert mentality amongst all sectors of the economy, the opportunities for foreign direct investments and headquartering in Cyprus and the goals set by the EU concerning greenhouse gas emissions in the near future.
CSA and its Members are closely collaborating with all stakeholders of the Port and Maritime sector with the sole aim of servicing the needs of our economy and, in this regard, we shall move forward in contributing towards sustainable growth despite headwinds caused by the COVID-19 pandemic locally and globally.
The Cyprus Shipping Association (CSA) was established in 1945, to provide a professional forum for the Shipping Agents of Cyprus. In 1954, following its registration under the provisions of the local Trade Unions Law, the Association became the official body representing the profession of the Shipping Agent in Cyprus. The Members of the Association are the leading and long established Shipping Agencies in the island.
The main aims of the Cyprus Shipping Association are:
As the spokesman for the Shipping Agents in Cyprus, the Cyprus Shipping Association ensures that its voice is heard on public issues affecting its members and contributing to the solution of all their problems. The Association also acts as liaison, negotiator and representative for its members in their dealings with the Government, the Legislature, the Port Authorities, the Department of Customs, the Business Community, the Trade Unions and all other interested parties.
With the Shipping Agent being actively involved in the operation and marketing of the Cyprus Ports, the Cyprus Shipping Association plays an important role in port affairs, taking part in the formation of policies applied and the solution to problems arising. The Association maintains close links with other local and international professional bodies pursuing common objectives. Its international affiliations include membership of the Federation Of National Associations of Ship Brokers and Agents (FONASBA), the Baltic and International Maritime Council (BIMCO) and the the International Cargo Handling Co-ordination Association (ICHCA). At local level it is a member of the Cyprus Chamber of Commerce and Industry (C.C.C.I) and the Employers and Industrialists Federation of Cyprus (E.I.F).
The Cyprus Shipping Association further provides its members with a platform for the exchange of professional experiences of common interest and acts as a centre for the collection, evaluation and distribution of information on local and international developments relevant to the profession and the port industry in general. In a day and age of revolutionary changes and of enormous growth in competition, the Association places increased emphasis on the upgrading of the skills of its members and their staff, the technological advancement of their operations and the strategic planning of their activities.