According to the
Central bank of Cyprus, despite the global financial crisis, revenue
from ship-management rose in 2012 to 435 million euros, or 5 percent of GDP,
from 428 million euros at the end of 2011. Considering the most
difficult economic period in decades the constant and increasingly positive
contribution of the Cypriot shipping industry to the country’s economy proves
that it is one of the most significant and enduring financial contributors.
Shipping industry along with the energy sector is expected to be the dynamic
driving force towards development and economic recovery.
Cyprus is one of the biggest ship management centres worldwide with a total of around 150 ship owning, ship management companies and ancillary shipping-related companies maintaining premises in the country and undertaking international operations from the island. Approximately 7,000 shore based people are employed within the Cyprus maritime cluster, representing approximately 2.5% of the total gainfully employed population.
Among the ship management companies established and operating from the Republic of Cyprus, 87% are controlled by Cypriot and EU interests. These companies employ almost 50.000 seafarers of whom 10 per cent are EU nationals.
Limassol is an ideal location for maritime studies due to the multi-purpose port and successful maritime business community, allowing the student to gain first-hand experience of commercial marine operations.
Frederick University graduates in Maritime Studies are exempted from a number of ICS, UK (Institute of Chartered Shipbrokers) exams.
The EU provides Cyprus with every opportunity to promote its many advantages in a substantial and viable shipping center to serve Cyprus, the EU and the international shipping industry through studies and research.
Cyprus is one of the biggest ship management centres worldwide with a total of around 150 ship owning, ship management companies and ancillary shipping-related companies maintaining premises in the country and undertaking international operations from the island. Approximately 7,000 shore based people are employed within the Cyprus maritime cluster, representing approximately 2.5% of the total gainfully employed population.
Among the ship management companies established and operating from the Republic of Cyprus, 87% are controlled by Cypriot and EU interests. These companies employ almost 50.000 seafarers of whom 10 per cent are EU nationals.
Limassol is an ideal location for maritime studies due to the multi-purpose port and successful maritime business community, allowing the student to gain first-hand experience of commercial marine operations.
Frederick University graduates in Maritime Studies are exempted from a number of ICS, UK (Institute of Chartered Shipbrokers) exams.
The EU provides Cyprus with every opportunity to promote its many advantages in a substantial and viable shipping center to serve Cyprus, the EU and the international shipping industry through studies and research.
The Department of
Maritime Studies collaborates with a number of local shipping organizations for
the purpose of providing students with practical experience as well as excellent employment prospects.
Significant recent developments in the business and
energy sectors in Cyprus make this programme of studies especially relevant.
The island is fast becoming a new European hub for imports and re-exports
activities linking Europe with the Far East in ways previously unexplored. At
the same time the energy sector in Cyprus is also developing rapidly. Graduates
of this programme will be positioned favourably in the local labour market for
the newly created employment opportunities.
To enable students to attend the BSc in Maritime
Studies and MSc in International Trade and Shipping Management programmes
holding full time jobs, the University operates evening sessions between 18:15 –
21:00 hours.
International trade offers a variety of career
opportunities. Whether you’re just starting out, or looking to
enter a new field, maritime / international trade studies may be your entrance
ticket to a challenging and rewarding career in any of the following:
·
Import and export businesses;
·
Ship management;
·
Underwriting;
·
Freight forwarding;
·
Logistics;
·
Port agency and management;
·
Trade and ship finance;
·
Maritime regulations;
·
As well as a variety of other administrative posts
in the private and public sectors.
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