The decision by world powers to lift sanctions against Iran after the isolated South Asian country complied with the terms of a July nuclear deal, offers Cyprus important opportunities which the island has to cautiously exploit. The shipping sector, also affected by the sanctions as the prevented companies from selling naval equipment and other related [...]
The three-year, EU-funded project CASCADe has been completed in December 2015. Its main focus was to improve communication and cooperation within a ship bridge team by optimising the bridge design and by developing new ways in which information is shared and displayed. The project involved seven partners from five European countries. Drawing directly from the [...]
Following recent developments in the island's implementation of its economic adjustment programme, international credit rating agency Fitch has affirmed that Cyprus is no longer assumed to require its entire €10 billion bail-out international aid. The comments came in the context of the agency's latest affirmation of Cyprus' long-term foreign and local currency Issuer Default Ratings [...]
Mastermind Shipmanagement Ltd aims to establish offices and to offer service where our customers need us. We are now expanding further and have opened a new office in Kotor, Montenegro. We have customers who for some time have been in need of our services in this region. As a result of this we have now [...]
We here at Mastermind Shipmanagement are pleased to welcome one of the oldest P&I Club's in the world to the family, namely UK Pandi Club. We here at Mastermind Shipmanagement are pleased to welcome one of the oldest P&I Club's in the world to the family, namely UK Pandi Club. When interviewed for MSM's Newsletter [...]
Following the good developments of the Oil Companies International Marine Forum (OCIMF), whose members charter tanker vessels, Mastermind Shipmanagement (MSM) has decided to make use of their published new ‘Recommendations Relating to Requirements Governing Seafarers’ Hours of Work and Rest’ http://www.ocimf.com/library/information-papers. The OCIMF Recommendations set out minimum expectations which it is hoped shipping companies will [...]
A new three year European Research Project, part funded by the EU has been launched to help increase safety on-board vessels. CASCADe, (model-based Cooperative and Adaptive Ship-based Context Aware Design) aims to address the lack of symbiosis which exists between current bridge design, operational procedures and the end user. In the maritime environment there is [...]
The Cyprus Shipping Chamber (CSC) in cooperation with the Cyprus Marine Environment Protection Association (CYMEPA) have developed a voluntary Adopt a Ship Programme. The Programme has a dual purpose; firstly to encourage youngsters to follow a career in shipping and secondly to promote shipping as the most safe, economic and environmentally friendly mode of transport. [...]
"Cyprus Shipping remains a reliable Partner, despite current financial difficulties experienced in the Cyprus commercial banking system. All efforts are being made for Ships’ crew, vessels and cargo to remain safe and protected." Following long and hard discussions with the Eurogroup, an Agreement was reached late evening, on Sunday, 24 March, through which, a €10 [...]
On the evening of the 29th October 2012 Mastermind Shipmanagement, together with their close business associates and friends, enjoyed a very special evening when their new premises were officially inaugurated. The ceremony was held by the President of the Republic H.E. Mr Demetris Christofias who also unveiled the plaque which will be mounted on the [...]
