Cyprus Ship Registry:New Regulations for Pleasure Yachts under 24m
The Department of Merchant Shipping (the “DMS”) is currently in the process of drafting new Law and Regulations with regards to pleasure yachts below 24m. This is noteworthy since the current Law has been in force for 25 years, since 1992, whereas the Regulations have been in place for 18 years, since 1995. As mentioned,…