Historical Development of Cyprus Merchant FleetThe Cyprus Maritime flag
The history of shipping in Cyprus traces back hundreds of years.[1] Its geographical position at the crossroads of Europe, Asia and Africa as well as its proximity to the Suez canal has historically favoured merchant shipping as an important industry for this European island state.[2] As of 2005 Cyprus holds the 9th largest (by DWT)[3] merchant navy in the world and the 3rd largest in the European Union.[4][5]
^"Cyprus: A Leading Maritime Center" (PDF). Archived from the original (PDF) on 2013-11-26. Retrieved 2016-03-03.
^"Development of Cyprus Fleet, 1963 – 2013". Archived from the original on 2016-03-07. Retrieved 2016-03-03.
^"World Merchant Fleet 2005" (PDF). US Department of Transport - Maritime administration. 2005. Archived from the original (PDF) on 2007-02-21. Retrieved 2007-08-13.
^"Financial Mirror: Cyprus Shipping Boom". Archived from the original on 2007-09-28. Retrieved 2007-08-13.
^"Review of Maritime Transport 2013" (PDF). Geneva: United Nations Conference on Trade and Development. Retrieved 16 November 2014.
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