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Cyprus Business Now: banks, shipping, India ties, budget, CySEC, startups

Cyprus’ Deputy Ministry of Shipping on Tuesday said that there are currently 19 ships under the Cypriot flag operating in the Persian Gulf, adding that both the vessels and their crews remain safe.

In a statement, the ministry said it has been closely monitoring developments in the region “from the very beginning” and remains in contact with the management companies of Cyprus-flagged ships operating in the area.

“There are currently nineteen ships under the Cypriot flag in the Persian Gulf,” the ministry said.

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