articles | 11 June 2015

Boost for ship management revenues

Ship management revenues increased to €421 million during the second half of 2014, according to a Ship Management Survey.

The survey is conducted biannually by the Balance of Payments Section of the Statistics Department of the Central Bank of Cyprus.

A similar level of revenues was recorded during the second half of 2013. Germany’s share in revenues declined by 4%, while for most other countries in the ranking list, shares increased.

Source: Famagusta Gazette

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