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Royal Caribbean Registers 140,000-Tonne Ship Under Cyprus Flag

New Milestone In Cyprus Maritime Strategy

Royal Caribbean Group registered its 140,000-tonne vessel Navigator of the Seas under the Cyprus flag. The move adds another cruise ship to the Cyprus registry. Registration reflects continued use of Cyprus as a base for maritime operations in the eastern Mediterranean.

Strengthening The Cyprus Registry

The vessel becomes the second Royal Caribbean ship under the Cyprus flag, following Spectrum of the Seas in January 2023. The company has expanded its presence in Cyprus after establishing a headquarters in Limassol. Fleet registration indicates ongoing cooperation between the company and Cypriot maritime authorities.

Enhanced Confidence In The Cypriot Maritime Policy

Marina Hadjimanolis, Deputy Shipping Minister of Cyprus, referred to continued cooperation with Royal Caribbean Group leadership, including Jason Liberty, CEO, Michael Bayley, President, Sean Treacy, Senior Vice President, and Christos Karavos, Director. Ongoing registrations reflect continued engagement between the company and the Cyprus shipping authorities.

Forging A Future Of Strategic Maritime Success

Shipping activity linked to international cruise operators continues to support Cyprus’ position in maritime services. Fleet registrations contribute to registry growth and related operations. Cyprus remains active in attracting international shipping companies through its registry framework.

Eurobank Wins Two Euromoney Awards Following Cyprus Merger

Eurobank has been named Cyprus’ Best Bank for 2026 by Euromoney, while also receiving the award for Best Bank for Large Corporates at the publication’s latest Awards for Excellence.

Merger Marks A Milestone

The awards recognise the bank’s performance during 2025, a year marked by the completion of the legal merger between Hellenic Bank and Eurobank Cyprus. The transaction created Eurobank Limited, which the group says is now Cyprus’ largest banking and insurance organisation, with assets exceeding €28 billion.

Euromoney’s Awards for Excellence evaluate banks’ performance over the previous calendar year, with this edition covering January 1 to December 31, 2025.

Lending, Customers And Digital Growth

Eurobank said its business lending portfolio expanded by around 17 per cent during 2025, while its customer base grew to more than 710,000 retail clients and 11,500 business customers.

The bank also continued its digital expansion, saying more than 96 per cent of transactions are now completed through digital channels, and most financing applications are submitted via its mobile app.

Expanding International Presence

Eurobank also highlighted the opening of its first representative office in India, describing the move as a step toward strengthening business links between Cyprus and India while supporting Cyprus’ role as a gateway to the European Union for Indian businesses and investors.

According to the bank, Euromoney recognised not only the successful completion of the merger but also its lending growth, digital transformation and contribution to Cyprus’ position as an international business and investment hub.

CEO On The Awards

“The Euromoney awards confirm Eurobank’s strong momentum and the successful implementation of our group’s strategy in Cyprus,” Chief Executive Michalis Louis said.

He said the merger strengthened the bank’s ability to support households, businesses and the wider economy, while highlighting continued investment in digital services and the opening of the representative office in India as key milestones during the year.

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