Limassol port Eurogate

Race for absorption of new port charges by the state

The Ministries of Finance, Transport and the Legal Service are racing to find a commonly accepted formula, which will aim to reduce the amount of charges decided by the management companies in the port of Limassol.

The deadline set by the investors in the state expires at the end of February and if no solution is found by the 28th of the month, they will finally proceed on March 1 to impose increases in the charges, which are expected to be of the order of 16%.

The report of the State Aid Supervisor is expected to be decisive for the developments, as it will be determined whether the intention of the state to deduct part of its revenues from the profits of the companies, as stipulated in the contract between them, contradicts the directive of the General Directorate. EU State Aid Competition.

According to information gathered by StockWatch from sources of the Legal Service, as well as from officials who are aware of the developments, it seems that through the relevant legislation and the port management agreement, between the Ministry of Transport and the affected companies, there is a “window »To deduct the state part of its revenues from the works in the port.

The agreement stipulates, inter alia, that the state may adjust the port charges on the basis of the percentage of revenue it receives, without favoring managers or other stakeholders, and argue with the European Commission that the proceeds will be diverted to benefit of the national economy.

It is noted that under the concessions for the management of the port of Limassol, the state absorbs 63% of the revenues of the container company (Eurogate) and 52% of the company that deals with general cargo (DP World).

To date, € 201.6 million has flowed into the state coffers from the income of investors in the port of Limassol.

In 2019, before the global health crisis erupted, the state had revenue from management companies of € 55 million in addition to the cost of tens of millions of euros spent by investors to upgrade and replace machinery at the port.

Under the Port Authority regime, the average revenue was close to € 20 million per year.

“We hope that if the EU is convinced that the effort of the Cypriot authorities is not considered as selective state aid, a window may open,” Stavros Michael, Director General of the Ministry of Transport, told StockWatch.

“It is a difficult task as it has many legal and other aspects that need to be thoroughly studied and elaborated,” said Mr. Michael, noting that as a state “we must ensure that any decision is legally and procedurally correct.”

According to the Ministry of Transport DG, technocrats who examined the evidence submitted to the relevant ministry by the management companies to support their decision to increase the charges, seem to have a basis.

These are data, he added, which are based on the industrial production index, which takes into account, among other things, the inflation trend.

Due to the negative effects of the prolonged pandemic crisis, this indicator has increased due to production costs.

As Mr. Michael explained, one of the factors influencing the formation of the industrial production index is the fluctuations in international crude oil prices.

“Regardless of all this, I believe that even if the golden section is not found for the state to absorb the increases, under the circumstances we are all experiencing, it will be to the benefit of the companies themselves to reconsider their initial decision and reduce the “percentage of the charges they claim”, observed the DG of the Ministry of Transport.

Representatives of the companies operating the Limassol port told StockWatch that their decision to increase the charges is in line with all the provisions of the concession agreement.

They argued that the increases were justified on the basis of a relevant formula deriving from the contracts concluded with the Cypriot government.

The companies submitted a relevant note to the parliamentary finance committee, in which they record the size of the decrease in their turnover, due to the negative effects of the pandemic crisis.

The companies’ initial decision was to impose the increases in charges at the beginning of last January and the beginning of February.

Following strong reactions from the trade union organizations, which provoked the intervention of the Ministry of Transport, the companies agreed to suspend their decision until the end of February, in order to give the competent ministries time to handle the whole issue.

Marios Tsiakkis, Secretary General of the CCCI, believes that the Cypriot merchants and consequently the economy should not shoulder a 16% increase in charges.

so that the state relinquishes its share of the increased revenue. We understand the effects that caused a reduction in the turnover of the companies, however the increases they ask for we consider that under the current conditions are excessive and will cause further inflation “, Mr. Tsiakkis remarked.

cyprus ferry Limassol Piraeus

Fresh attempt at reviving Cyprus-Greece ferry link

Cyprus will make a fresh attempt at creating a ferry connection with Greece in 2022, following the failure to attract investors to operate a passenger route.

Media outlet Capital.gr said the Deputy Ministry of Shipping would make a new call for tenders to establish a seasonal ferry link.

The call is expected sometime at the end of October.

Reportedly, maritime companies told officials they would be interested in a seasonal ferry connection instead of a regular one, the main provision deterring operators from submitting tenders the first time around.

To revive the ferry connection abandoned 21 years ago between Greece and Cyprus, the shipping ministry launched a failed tender for a three-year contract with annual state aid of €5 mln.

The European Commission has already approved the second tender for a seasonal connection.

According to Greek media, the connection will run between April or May to September or October.

Thus, the contractor carrying out the trip will use the ship on other routes during the winter season.

Under the new tender, the contractor will not be obligated to carry cargo on the same vessel.

If the contractor chooses to carry commercial cargo on the same route, they will lose out on the part of the subsidy.

The state subsidy only concerns passengers, under European rules, and is essentially a subsidy of the carrier’s travel expenses.

In other words, there will be an expense recording mechanism, and each trip will be subsidised accordingly.

The contractor will be compensated for any rise in fuel costs, up to 10% of the overall subsidy.

Authorities will be looking to change the call port in Greece, moving from Keratsini to Attica’s main port in Piraeus.

State aid is expected to remain at €5 mln annually, while additional changes may be made to the tender that is not subject to approval by Brussels.

Next January, authorities in Cyprus will be looking to select the winning bidder, aiming to see the ferry link launched sometime in May 2022.

According to Capital.gr, the tender will also allow for the expansion of the ferry link to a third neighbouring country, such as Egypt or Israel.

Salamis Tours operated the last passenger ferry link to Greece from 1993 until 2000 when demand faded and trips stopped.

After two decades of being cut off from the rest of Europe, travellers from Cyprus are still hoping they will be able to hop on a ferry next summer and disembark in Piraeus, Greece, to continue their journey.

Nicosia earned approval to subsidise the link with state funds after complex talks with the EU.

Source: Financial Mirror

Cyprus not giving up on ferry link with Greece

Despite setbacks, Cyprus maritime authorities are determined to revive a passenger ferry link to Greece after a tender failed to attract any interest from shipping companies earlier this year.

The Deputy Ministry of shipping is engaging in a battle to revive interest in the ferry link through improving the tender documentation previously approved by Brussels.

The Shipping Ministry sought to revive the connection with a €5 mln annual subsidy approved by the EU’s Directorate-General for Competition but had received no interest from operators willing to take on the task.

“We have currently submitted new tender documentation for the ferry connection between Piraeus Port and Limassol. We hope that it will be given the green light soon by the European Commission,” said Andreas Karamitas, a Shipping Ministry spokesperson.

In comments to the Financial Mirror, Karamitas explained the government took it upon itself to resubmit the documentation in an attempt to improve conditions, “making them more flexible and closer to the market’s criteria”.

The ministry has redesigned the tender documentation having in mind that state coffers should not be abused.

“We are looking into ways of increasing the state aid percentage-wise by decreasing the frequency of trips to and from Cyprus.

“For example, there is no reason why the state should be financing a ferry link during the winter when ships will probably be leaving Limassol empty,” said Karamitas.

He argued that more aid could be given to interested parties during the summer months when demand is higher.

He said Shipping Minister Vasilis Demetriades is optimistic that new tender documentation will be approved soon by the European Commission.

Asked if the ministry has thought of increasing the €5mln subsidy already approved by the EU, Karamitas said that would have to be negotiated with the EU.

“What we can say at the moment is that we are committed to reviving the ferry link with Greece.

“In the outside case the EU returns a negative verdict, we will be looking into alternative ways of reviving the link.”

He said the Cyprus-Greece ferry link is a top priority.

Salamis Tours operated the last passenger ferry link to Greece from 1993 until 2000 when demand faded and trips stopped.

After two decades of being cut off from the rest of Europe, travellers from Cyprus hoped they would be able to hop on a ferry this summer and disembark in Piraeus, Greece, to continue their journey.

Nicosia earned approval to subsidise the link with state funds after long talks with the EU.

Greece also welcomed the new ferry service, but the pandemic has decimated holiday travel.

Under EU rules, the state subsidy was solely associated with the passenger aspect of the sea line.

Source: Financial Mirror

jewel-of-the-seas-cruises from Limassol

CYPRUS WELCOMES ROYAL CARIBBEAN TO THE MEDITERRANEAN THIS SUMMER

MIAMI/LONDON, March 25, 2021 – This summer, Royal Caribbean International guests can soak up the Mediterranean sun and explore the captivating coastlines of Greece and Cyprus on all-new 7-night cruises departing from Limassol, Cyprus. Starting July 10, Jewel of the Seas will call Cyprus home for the first time and sail to the picturesque shores and ancient ruins in Cyprus, Greece and the Greek Isles through October. The new 2021 summer itineraries from Cyprus will open for bookings on April 7. « We know how eager our guests are to enjoy a getaway this summer, and these sailings, which include a mix of fantastic destinations and must-visit islands, make for the perfect getaway,» said Michael Bayley, president and CEO, Royal Caribbean International.

«Cyprus is a beautiful island, and we are thankful to the Cypriot government for their support and enthusiasm in making these incredible itineraries possible». Savvas Perdios, the Deputy Minister of Tourism for Cyprus, said, «We are delighted that Royal Caribbean will call Limassol its homeport for the first time ever. We have every confidence that Royal Caribbean’s presence in Limassol will be beneficial to Cyprus and, similarly, we are very confident that as a homeport and as a country, Cyprus will live up to the expectations of Royal Caribbean and its guests». Guests can rest assured their well-being and that of the crew members and communities visited are Royal Caribbean’s top priorities.

Details on the health and safety measures to be implemented will be announced at a later date. The comprehensive, multilayered health and safety measures to come will continue to be led by science and leverage expert guidance from the Healthy Sail Panel, Royal Caribbean Group’s Head of Public Health and Chief Medical Officer, and local government and health authorities. In addition, travelers must meet the travel requirements of their home country and Cyprus. The most up-to-date policies can be found on Cyprus’ tourism website.

Royal Caribbean’s new 7-night sailings from Cyprus continue the cruise line’s measured and safe return to cruising the world once again.

About Royal Caribbean International

Royal Caribbean International has been delivering innovation at sea for more than 50 years. The cruise line continues to revolutionize vacations with itineraries to more than 270 destinations in 72 countries on six continents, including Royal Caribbean’s private island destination in The Bahamas, Perfect Day at CocoCay, the first in the Perfect Day Island Collection. Royal Caribbean has also been voted «Best Cruise Line Overall» for 18 consecutive years in the Travel Weekly Readers’ Choice Awards. Royal Caribbean International is applying the recommendations of its Healthy Sail Panel of public health and scientific experts to provide a safer and healthier cruise vacation on all of its sailings.

Health and safety protocols, regional travel restrictions and clearance to visit ports of call, are subject to change based on ongoing evaluation, public health standards, and government requirements.

royal caribbean cyprus

Tourism ministry welcomes Royal Caribbean’s decision to include Cyprus in summer schedule

The deputy ministry of tourism on Monday welcomed the Royal Caribbean cruise line’s decision to include Cyprus in its summer schedule.

According to the ministry, Royal Caribbean has included Cyprus in its cruise schedule for June, July and August, while the company will be using for this route its “most modern and advanced ship”, expected to be delivered soon.

This cruise programme includes departure from Israel with stops in Cyprus. The ship is expected to arrive in Cyprus about 15 times, between June and August 2021, with the prospect of additional stations in the coming months, the ministry said.

“Cyprus is one of the few countries in the world that has already succeeded their inclusion in important cruise programmes,” it added. Due to these cruise programmes, it said, Cyprus will be hugely promoted in the coming months.

The ministry said that an important role to the Royal Caribbean’s decision to include the island in its programme was the agreement between Cyprus and Israel to allow from April 1 arrivals of Israelis who have been vaccinated without them having to present PCR tests or self-isolate upon their arrival.

“The passengers will be all Israelis, who will have already been vaccinated,” the ministry said. Before boarding, travellers will present two negative tests while, during the cruise, they will be subject to additional checks, it added.

The ministry said that this important agreement for the country was reached after its officials’ “tireless and intensive efforts” which lasted about six months, after the whole project started in September 2020.

“The agreement is a great success for cruise tourism in our country and paves the way for further growth at a time when this sector has taken a massive blow due to the pandemic,” it added.

The deputy ministry of tourism also thanked the transport ministry and the deputy ministry of shipping “for their valuable support and the provision of know-how in order to successfully conclude this agreement for our country.”

Source: Cyprus Mail

Εγγραφές Οχημάτων που προέρχονται από το Ηνωμένο Βασίλειο

Εγγραφές Οχημάτων που προέρχονται από το Ηνωμένο Βασίλειο

Ανακοίνωση ΤΜΗΜΑ ΟΔΙΚΩΝ ΜΕΤΑΦΟΡΩΝ

19/01/2021

Σε σχέση με το πιο πάνω θέμα, το Τμήμα Οδικών Μεταφορών του Υπουργείου Μεταφορών, Επικοινωνιών και Έργων, ανακοινώνει ότι, λόγω της αποχώρησης του Ηνωμένου Βασιλείου (Η.Β.) από την Ευρωπαϊκή Ένωση, για τα οχήματα που προέρχονται από αυτό, εφαρμόζονται οι πρόνοιες των Κανονισμών που αφορούν οχήματα που προέρχονται από τρίτες χώρες (μη μέλη της Ε.Ε.).

Συγκεκριμένα, εφαρμόζονται τα ακόλουθα:

A.      Όχημα κατηγορίας Μ1 (σαλούν – μέχρι 8 θέσεων επιβατών μη περιλαμβανομένου του

 οδηγού)

Μπορεί να εγγραφεί, νοουμένου ότι κατά την ημερομηνία άφιξης του σε νόμιμο λιμάνι της Δημοκρατίας είναι ηλικίας μέχρι πέντε χρόνων, αυτών υπολογιζομένων από την ημερομηνία κατά την οποία το όχημα έχει εγγραφεί σε οποιαδήποτε χώρα ως καινούργιο.

Διευκρινίζεται ότι, το πιο πάνω δεν ισχύει για όχημα κατηγορίας Μ1 που έχει ήδη μεταφερθεί ή εισαχθεί στη Δημοκρατία από το Ηνωμένο Βασίλειο και δεν έχει ακόμη εγγραφεί ή θα έχει φορτωθεί με προορισμό νόμιμο λιμάνι της Κυπριακής Δημοκρατίας μέχρι την Δευτέρα 15/2/2021. Τα οχήματα αυτά θα μπορούν να εγγραφούν, οποτεδήποτε, ανεξάρτητα αν η ηλικία τους υπερβαίνει τα πέντε χρόνια.

Για να εγγραφεί ένα όχημα κατηγορίας Μ1, πρέπει να συνοδεύεται με το αυθεντικό πιστοποιητικό εγγραφής του από το Η.Β. («Registration Certificate – V5c»), να έχει εκδοθεί για αυτό πιστοποιητικό καταλληλότητας (ΜΟΤ) στην Κύπρο και να έχει εκδοθεί για αυτό ευρωπαϊκή έγκριση τύπου ολοκληρωμένου οχήματος (WVTA) ή Έγκριση Τύπου Μεμονωμένου Οχήματος (SVA) στην Κύπρο.

Το πιστοποιητικό εγγραφής του Η.Β. (που εκδόθηκε μέχρι 31/12/2020), αποτελεί επαρκές αποδεικτικό έγγραφο ότι, για το όχημα υπάρχει WVTA, νοουμένου ότι φέρει ένδειξη της έγκρισης τύπου του οχήματος (WVTA). Η ένδειξη που πρέπει να αναζητείται στο V5c βρίσκεται στο σημείο «Κ» («Type Approval Number») και είναι της μορφής π.χ.

«e4*2007/46*0186*11». Σε περίπτωση που δεν υπάρχει η ένδειξη αυτή, το όχημα για να εγγραφεί, πρέπει να λάβει Έγκριση Τύπου Μεμονωμένου Οχήματος (SVA) στην Κύπρο.

Β. Οχήματα κατηγορίας Μ2 και Μ3 (Λεωφορεία) και κατηγορίας Ν1, Ν2 και Ν3 (μεταφοράς

 εμπορευμάτων – π.χ. διπλοκάμπινα, «pick – up», φορτηγά) Εγγράφονται ανεξάρτητα από την ηλικία τους νοουμένου ότι –

(ι) προσκομίζονται ή υπάρχουν στοιχεία που αποδεικνύουν ότι οι  εκπομπές αερίων και σωματιδιακών ρύπων του οχήματος (της μηχανής) συνάδουν με τις απαιτήσεις που ίσχυαν στο Ευρωπαϊκό Δίκαιο κατά την ημερομηνία που το όχημα ενεγράφη σε οποιαδήποτε χώρα για πρώτη φορά και

(ιι)      είναι εφοδιασμένα με Σύστημα Αντιπλοκαρίσματος Φρένων (A.B.S.).

Το πιστοποιητικό εγγραφής του Η.Β. (V5c – που εκδόθηκε μέχρι 31/12/2020) αποτελεί και πάλι επαρκές αποδεικτικό έγγραφο ότι τηρείται η απαίτηση της παραγράφου Β(ι) πιο πάνω, νοουμένου ότι η μηχανή που φέρει το όχημα κατά την επιθεώρηση του είναι η ίδια με αυτή που αναφέρεται στο εν λόγω πιστοποιητικό εγγραφής. Στην περίπτωση που η μηχανή είναι διαφορετική, απαιτείται σχετική τεκμηρίωση ότι η νέα μηχανή συνάδει με το αντίστοιχο

«EURO» (π.χ. βεβαίωση κατασκευαστή ή του αντιπροσώπου του ή/και επαρκής πληροφόρηση από τεχνικά εγχειρίδια της μηχανής κλπ).

Γ. Οχήματα κατηγορίας L (μοτοποδήλατα, μοτοσυκλέτες, τρίκυκλα και τετράκυκλα)

Όχημα της κατηγορίας L εγγράφεται ανεξάρτητα από την ηλικία του, νοουμένου ότι συνοδεύεται με το Ευρωπαϊκό Πιστοποιητικό Συμμόρφωσης (Certificate of Conformity – CoC) – (ΠΣ) του οχήματος που ίσχυε κατά την ημερομηνία πρώτης εγγραφής του. Γίνεται επίσης αποδεκτό αντίγραφο του ΠΣ που εκδίδεται από τον ίδιο τον κατασκευαστή ή τον αντιπρόσωπο του.

Επίσης, γίνεται αποδεκτό και το πιστοποιητικό εγγραφής του Η.Β. (που εκδόθηκε μέχρι 31/12/2020), το οποίο αποτελεί επαρκές αποδεικτικό έγγραφο ότι, για το όχημα υπάρχει WVTA και άρα έχει εκδοθεί ΠΣ, νοουμένου ότι το πιστοποιητικό εγγραφής του Η.Β φέρει την ένδειξη της έγκρισης τύπου του οχήματος (WVTA).

Πηγή: TOM

BREXIT what you need to know about your shipments brexit

BREXIT: All you need to know about your shipments.

The UK and EU trade deal that was announced on Christmas Eve provides more clarity for UK and EU trade from the end of the transition period.

As our own team work through the detail of the deal, we’d like to confirm the essential requirements for shipping from 1 January 2021.

Customs Declarations will be required from 1 January 2021 for shipments between Great Britain and the European Union (and vice-versa). Although the EU-UK Trade and Cooperation Agreement refers to ‘zero tariffs’ (zero customs duties), this doesn’t replace the need to generate a Customs Declaration and so a Commercial or Pro-forma Invoice is required. The trade deal only applies to Customs duties, meaning that in most cases Customs duties will not be applied to goods fulfilling all necessary “rules of origin” requirements. However, VAT will still be levied. Customs declarations are therefore required for goods to clear the border, as the UK will have left the single market and the customs union. Country-specific restrictions will still be in place and any associated licences will also be required.

Rules of Origin Requirements: in order to benefit from the EU-UK Trade Agreement ‘zero tariff’ (zero Customs duties), it’s essential that you provide evidence of the country of origin in the Commercial or Pro-forma Invoice for both B2B and B2C shipments –  please do this using the statement below for UK or EU goods fulfilling the relevant rules of origin requirements. Without the statement, it will not be possible for SHOHAM to claim the duty relief, and it may not be possible for SHOHAM to amend the documentation post-clearance without additional charges, if at all.

The exporter of the products covered by this document (Exporter Reference No.*) declares that, except where otherwise clearly indicated, these products are of ……  preferential origin.
(Place and date**):
(Name of the exporter):


IMPORTANT:
  The goods Country of Origin must be calculated and recorded accurately, and it is your responsibility to do this


*: The Exporter Reference No. is required for all shipments to/from UK (this reference is your EORI number).

For shipments from EU to UK with value that exceeds 6,000 EUR / £5,700, this Reference No. is your REX number
**: may be omitted if the information is contained on the document itself

Changes to UK VAT regulations will still be introduced on 1 January 2021, as this regulatory change is not part of the EU-UK Trade and Cooperation Agreement, and applies to shipments being imported into the UK from any country worldwide. This means that most shipments valued at more than £135 will attract VAT on importation from any country, including the EU. For shipments with a value of £0-£135 when being sold by businesses to consumers in the UK, VAT will need to be collected at the point of sale and will therefore be the seller’s responsibility.

Χωρίς δασμούς τα μεταχειρισμένα από ΗΒ

Χωρίς δασμούς υπό συγκεκριμένες προϋποθέσεις αναμένεται να είναι η εισαγωγή μεταχειρισμένων αυτοκινήτων από το Ηνωμένο Βασίλειο.

Σύμφωνα με εγκύκλιο της διευθύντριας του τμήματος τελωνείων Κυριακής Μυριανθοπούλου, με βάση τη συμφωνία εμπορίου και συνεργασίας μεταξύ ΕΕ και Ηνωμένου Βασιλείου, δεν επιβάλλεται εισαγωγικός δασμός στα μηχανοκίνητα οχήματα που εισάγονται από το ΗΒ μόνον εφόσον πληρούνται οι σχετικοί κανόνες καταγωγής που προβλέπονται στη συμφωνία δηλαδή το αυτοκίνητο να έχει χώρα καταγωγής από την ΕΕ ή την Βρετανία.

Προϋπόθεση για την προτιμησιακή μεταχείριση καταγόμενων οχημάτων αποτελεί η προσκόμιση βεβαίωσης καταγωγής η οποία συντάσσεται από τον εξαγωγέα και αναγράφεται στο τιμολόγιο η σε άλλο εμπορικό έγγραφο στο οποίο περιγράφεται το όχημα με επαρκείς λεπτομέρειες, ώστε να είναι δυνατή η ταυτοποίησή του. Σε περίπτωση που δεν προσκομιστεί η βεβαίωση καταγωγής, τα οχήματα επιβαρύνονται με τον εισαγωγικό δασμό που προβλέπεται στο Κοινό Εξωτερικό Δασμολόγιο της ΕΕ.

Ανεξάρτητα από την δασμολογική μεταχείριση του οχήματος κατά το χρόνο υπαγωγής του σε καθεστώς ελεύθερης κυκλοφορίας με ταυτόχρονη θέση σε ανάλωση, αυτό επιβαρύνεται με τον κανονικό συντελεστή ΦΠΑ ο οποίος ανέρχεται σε 19% επί της φορολογητέας αξίας.

Επισημαίνεται ότι η έννοια «κανόνες καταγωγής» δεν ταυτίζεται με την έννοια «ενωσιακός χαρακτήρας».

Η συμφωνία ΕΕ και ΗΒ τέθηκε σε εφαρμογή από την 1/1/21 και προβλέπει συγκεκριμένο κανόνα καταγωγής για κάθε εμπόρευμα, περιλαμβανομένων των μηχανοκίνητων οχημάτων για συναλλαγές ανάμεσα στα κράτη μέλη της ΕΕ και του ΗΒ ως τρίτης χώρας και όχι μεταξύ κρατών μελών της ΕΕ.

Ο ενωσιακός χαρακτήρας των εμπορευμάτων που τελούσαν σε ελεύθερη κυκλοφορία στο τελωνειακό έδαφος του ΗΒ έχει απολεσθεί από ην 1/1/21 και δεν μπορεί να επέχει θέση τεκμηρίου για βεβαίωση της καταγωγής.

Τα μηχανοκίνητα οχήματα είναι δυνατόν να θεωρηθούν ως επανεισαγόμενα μόνο εφόσον πληρούνται οι προϋποθέσεις του άρθρου 203 του Καν. (ΕΕ) αριθ. 952/2013 και 158 του Κατ’ Εξουσιοδότηση Κανονισμού (ΕΕ) 2015/2446.

Source: Stockwatch