Cyprus is the third largest island in the Mediterranean Sea with an area of 9251 sq. km. It is located about 200 km northwest of Israel, 380 km north of Egypt, and 800 km east of the Greek mainland. The latitude of Cyprus is 34°,33′ to 35°,34′ North and its longitude is 32°,16′ to 34°, 37′ East.

With its sunny climate, beautiful beaches and rich history Cyprus is a prime holiday destination and has extensive tourist facilities to accommodate every taste and budget. Virtually all major european airlines and Cyprus Airways have daily flights to Larnaca or Paphos (the two Cypriot airports). Visitors can also easily reach Cyprus by boat from Greece, Egypt, Israel and other neighbouring countries.

The island has proved to be an ideal centre for the establishment of legal entities by foreign ship-owners and other professionals for the conduct of maritime activities and for the rendering of shipping services worldwide. In 1982 Cyprus ranked thirty-second on the list of leading maritime nations. It now ranks fourth with around 2.650 ships totalling over 5 million gross tonnage. The island’s maritime policy aims to develop an integrated shipping infrastructure through the granting of appropriate incentives.

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