25.04.2023 | CMC is an official Supporter of 5th Annual Marine Money Cyprus Forum

Limassol, 25^th April 2023

CMC is an official Supporter of the 5th Annual Marine Money Cyprus 

On 25^th April 2023, the Cyprus Marine Club participated as an official Supporter of the 5th Annual Marine Money Cyprus that was held in Limassol in the Four Season Hotel.

A big issue is how to align energy security with greening the world 2030 is tomorrow and 2050 is next week and

it is impossible with the current status quo to reach the targets

The first event for four years and there was a positive vibe and genuine enthusiasm from speakers and delegates alike, partly of course due to generally positive market sentiment but also showing that the world is really back post-COVID, wanting to meet face-to-face, keen to do business and looking forward to what the future will bring. The event attracted over 130 speakers and delegates from Cyprus and overseas.
The conference theme was An unpredictable world brings risk and opportunity.
Shipping continues to be in a good space and is making good money but there are many moving pieces in the industry not least the decarbonization issue, rising interest costs and inflation, and the fuel price instability. Energy security is also a large issue close to the minds of Cypriots and we entertained much discussion on this point. The mood was good, there is enthusiasm to grow and develop and Cyprus is in a good place for shipping, for business, for tourism and for investment.
The conference room remained full for the duration of the conference and the discussions in the conference room were matched by the activity in the networking areas with the whole day being a success in terms of numbers, quality debate, networking opportunities and positive discussion.

We look forward to cooperating with you again next year, on 23 April 2024 at our 6th Marine Money Cyprus Ship Finance Forum.