Cyprus Ship Management Revenue Nears €1 Billion in Early 2025
Ship management revenues in Cyprus rose to €978 million in the first half of 2025, marking a 6.7% increase compared to the second half of 2024, according to the Central Bank of Cyprus (CBC).
The figure corresponds to 5.5% of Cyprus’s half-year GDP, keeping the sector well above its pre-pandemic average between 2019 and 2021.
- 31% of companies generated revenues between €2m and €20m.
- 31% of companies exceeded the €20m threshold.
The top 27% of companies accounting for 85% of total revenues, noted the CBC.
Author's summary: Cyprus ship management revenue increases by 6.7%.
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