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Cyprus Faces One Of Europe’s Widest Gaps In Home Energy Efficiency Upgrades

Cyprus has emerged as one of the European Union’s clearest examples of how the benefits of the energy transition are not being shared evenly.

A Wider Divide Than Most Of Europe

New Eurostat data show that 30.3% of Cypriots not at risk of poverty or social exclusion lived in homes that had undergone energy efficiency improvements during the previous five years. Among those at risk of poverty or social exclusion, the figure dropped to 16.7%.

The resulting gap of 13.6 percentage points ranks among the three widest in the EU.

Only the Netherlands recorded a larger disparity, with 63.3% of people not at risk of poverty living in upgraded homes compared with 45.3% of those at risk, a difference of 18 percentage points. Denmark followed with a gap of 13.5 percentage points, as 36.4% of higher-income households had benefited from energy efficiency improvements versus 22.9% of vulnerable households.

The EU Picture Still Favors Better-Off Households

Across the EU, 23.9% of people lived in homes that had undergone energy efficiency improvements over the previous five years.

The overall figure, however, masks a persistent inequality. Only 17.4% of people at risk of poverty or social exclusion lived in upgraded homes, compared with 25.6% of those not at risk.

For lower-income households, access to improvements such as better insulation, more efficient heating systems and upgraded windows can significantly reduce energy bills while improving resilience to future price increases.

Netherlands Leads, Italy Trails

The Netherlands recorded the highest overall share of residents living in energy-efficient homes, at 60.5%, followed by Denmark at 34.0%. France and Slovenia shared third place, with 33.3% each.

Italy ranked last at just 2.6%, followed by Malta at 7.8% and Greece at 9.5%.

A Challenge For Europe’s Green Transition

The figures suggest that while energy efficiency upgrades are becoming more common across Europe, access remains uneven both between and within member states.

For policymakers, the challenge extends beyond improving buildings. Ensuring that lower-income households can benefit from the energy transition will be essential if Europe wants to reduce both emissions and energy poverty at the same time.

Cyprus Promotes Ship Registry In Asia As Fleet Grows To 25-Year High

Cyprus is stepping up efforts to attract international shipowners, with Shipping Deputy Minister Marina Hadjimanolis holding high-level meetings in China and Japan as the country’s ship register reaches its strongest level in 25 years.

Running from October 14 to 29, the Asian mission focuses on expanding commercial ties, promoting the advantages of the Cyprus flag and strengthening cooperation with shipowners, shipbuilders and maritime authorities.

China Meetings Target Shipowners And Industry Leaders

In Shanghai, Hadjimanolis met Wang Qian, vice-director of the Shanghai Pudong New Area Commission of Commerce and Shipping Service Office, ahead of the North Bund International Shipping Forum on October 20–21. Organisers expect around 4,000 participants from more than 50 countries and regions, with discussions covering international shipping, maritime safety, financing, insurance, digitalisation and the transition to cleaner fuels.

The minister also met representatives of Dalian Trawind Shipping and Fortuna Shipbrokers Inc. to present the Cyprus registry’s advantages and explore registration opportunities for vessel owners. On October 20, she is scheduled to speak at the 10th Annual Capital Link International Shipping Forum in Pudong, joining a ministerial roundtable on international maritime leadership.

A visit to Zhoushan is also planned for the naming ceremony of Kypros Island, a new vessel for the Cyprus register owned by Safe Bulkers. Launched in June at the Tsuneishi shipyard on Xiushan Island, the 81,200-deadweight-tonne methanol dual-fuel bulk carrier is scheduled for delivery at the end of October. According to the Zhejiang Maritime Safety Administration, sea trials were due to take place between October 11 and 16.

Japan Engagements Strengthen Maritime Ties

Before travelling to China, Hadjimanolis met Japan’s Parliamentary Vice-Minister for Land, Infrastructure, Transport and Tourism, Kenta Aoshima, in Tokyo on October 16. Her programme also included meetings with senior representatives of Shoei Kisen Kaisha, Nihon Shipyard, NYK Line, ITOCHU Corporation and SSY Projects, focusing on cooperation with Japanese shipowners, shipbuilders and shipping operators.

At the 5th Annual Capital Link Japan Maritime Forum, held at the Tokyo American Club, Hadjimanolis discussed maritime leadership, competitiveness, policy and international cooperation with Capital Link founder and president Nicolas Bornozis. Other sessions examined Japan’s shipbuilding strategy, new-vessel financing and the development of ammonia-powered ships.

The Tokyo programme followed a Cyprus Ship Registry reception on October 15 for representatives of Japan’s maritime and business communities. Hadjimanolis outlined the country’s shipping services and regulatory framework, while Polys Hajioannou, chief executive of Safe Bulkers and president of the Cyprus Union of Shipowners, delivered the opening remarks.

Registry Reaches Highest Level In 25 Years

At the reception, Hadjimanolis said the Cyprus Ship Registry had grown by 27% since September 2023, reaching its highest level in a quarter of a century. She attributed the expansion to efforts to improve competitiveness, simplify administrative procedures and provide more responsive services to international shipowners.

Cyprus’s inclusion on the White Lists of the Paris and Tokyo Memoranda of Understanding was another point highlighted by the minister. These lists reflect the safety and inspection performance of ships flying a national flag.

Existing commercial links with Japan include Safe Bulkers’ announcement in May of four Japanese-built dry bulk vessels scheduled for delivery in 2029.

South Korea Next On The Maritime Agenda

Hadjimanolis’ mission will continue in South Korea, where she is expected to attend the 2026 World Maritime Day Parallel Event and Korea Maritime Week alongside International Maritime Organization Secretary-General Arsenio Dominguez and government representatives from several countries.

Her programme will also include discussions on implementing international maritime conventions and bilateral talks aimed at strengthening Cyprus’s shipping ties with South Korea.

The Asian outreach comes as maritime centres compete for shipowners amid geopolitical uncertainty, fleet renewal and pressure to reduce shipping emissions. For Cyprus, the strategy combines promotion of its registry with closer relationships across Asia’s shipbuilding and shipping sectors.

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