Merchant shipping legislation
A bill regulating merchant shipping issues, under the title “The Merchant Shipping (Recognition and Authorization of Organizations) Law of 2011”, which had been submitted to the Parliament on 30 June 2011, was enacted as a law by the plenary of the House on 22 September 2011, following its examination by the Parliamentary Committee on Communication and Works.
It is reminded that the said law sets rules and standards for ship inspection and survey organizations, namely the classification societies, and regulates their relationship with the relevant state authorities, thus ensuring compliance of Cyprus legislation with the relevant EU Directive 2009/15. The relationship between the state authorities and the survey organizations is governed by an official written agreement or equivalent legal arrangement. This agreement (or equivalent legal arrangement) must contain a minimum number of provisions relating to financial liability, periodical audit of duties carried out by the recognised organization, random and detailed inspections of ships and the compulsory reporting of information about the classification.
According to the relevant provisions, Cyprus (as well as all EU member states) shall ensure that ships flying its flag are designed, constructed, equipped and maintained in accordance with the rules and procedures relating to hull, machinery, electrical and control installation requirements of a recognised organization.
It should be noted that, by the entry into force of the said Law, the previous relevant legislation [Law 46(I)/2001 as amended by Law 83(I)/2004] shall be repealed.