The maritime industry is one of the most important and dynamic drivers of the global economy. According to the International Chamber of Shipping, the industry is responsible for approximately 90% of world trade. It is estimated that there are over 50,000 merchant ships trading across the globe, employing over a million seafarers. Innovation in the sector is also strong, which makes shipping more efficient, is lowering freight costs, and opening up new avenues of growth. Since 1963, Cyprus has established itself as a maritime centre with solid infrastructure and services that successfully meet the growing demands of the globalised industry. Today, the Cypriot maritime registry is one of the largest in the EU and worldwide. Latest figures indicate that shipping contributes almost 7% to Cyprus’ GDP, while Cyprus is the biggest third-party ship management centre in the EU.
The maritime industry also includes an important part of the oil and gas and renewable energy sector. Indeed, the growing importance of the Eastern Mediterranean region in the field of energy, particularly since the discovery of natural gas deposits offshore Israel, Cyprus and Egypt, indicates a growing need to develop the infrastructure to service the burgeoning oil and gas sector. Having played a crucial role in the development of the maritime industry and the establishment of Cyprus as a shipping hub, the RPT Group can point to over 50 years of service, experience and expertise in the sector, and is well-positioned to offer multitasked range of services that cover the demands of companies active in the industry.
Lavar Shipping is the flagship company of the RPT Group, having celebrated its golden 50-year anniversary of leadership in the industry in Cyprus in 2015. Today, Lavar Shipping has evolved into a multi-faceted organisation, offering traditional and specialised maritime services to the local and international industry.
Being one of the most trustful shipping agencies in Cyprus, with an employee base of 30 Cypriot professionals, acting on behalf of many global shipping hub agencies, and handling all types of vessels, from tankers to bulk carriers and from cruise ships to container vessels.
Recently the company has seen an increase in its core activity with the number of calls expected to exceed 300 vessels on an annual basis. Lavar Shipping also represents a number of prestigious clients, ranging from high-profile ship owners, global oil companies, commercial representatives and traders.
In addition to its Port Agency services, Lavar Shipping’s highly experienced team also provides a vast range of services including Forwarding, Husbandry, and Technical Support, while more recently it has specialised in the field of oil and gas logistics.
The company’s has expanded its Forwarding and Logistics activities to provide complete cargo solutions to and from Cyprus, as well as crosstrade services through its extended logistic network of agents worldwide. Leading traders are placing their trust in Lavar Shipping for the prompt delivery of their orders, while perishable traders are increasingly counting on the company for the safe import and export of sensitive refrigerated cargo.
Lavar Shipping operates under a uniform set of policies and procedures, conforming to the highest standards of professional performance and in strict compliance with Cypriot, European and International laws and regulations such as ISPS, FONASBA, and CSA.
VTS Vasiliko Terminal Services was established in 2014 with the aim of addressing a need in the market for support to large vessels, in particular oil tankers which utilise the facilities at the VTTV Oil Terminal at Vasilikos which became fully operational in 2014. VTS operates two brand new tugboats – VTS Keryneia & VTS Ammochostos – built by Damen Shipyards, which are unique both to Cyprus and the region, and represent a significant investment of 17 million Euro. Both operate under the Cyprus flag, and are manned by Cypriot and Greek crew and officers.
VTS provides top-quality services to the Terminal including Coastal & Offshore Towage, Harbour Towage, Mooring & Unmooring, and sludge collection, and operates under a license agreement signed with the Cyprus Ports Authority (CPA).
Due to the heavy traffic in the seas around Cyprus, VTS also provides full range services of tugboat services (Coastal & Offshore Towage, Harbour Towage, Mooring & Unmooring, and sludge collection) at other locations, including the ports at Larnaca and Limassol. The tugboats also provide ship-to-ship (STS) service operations up to 12 nautical miles in the open sea.
Founded in 2013, Letrina Cyprus is the initial company in Cyprus to specialise in cargo inspections. Established by well-known and respected professionals from the cargo inspection industry, the team boasts an excellent local and international reputation in the sector. Letrina Cyprus undertakes services in accordance with the standards of ‘’General Conditions for Inspection and Testing Services’’. All services carried out are covered by a quality system in accordance with the requirements of the European Standard ISO/IEC 17020 for Inspection Bodies. The company also meets the requirements set by oil majors such as the Standards for Inspection, Reporting, Analysis and Sampling.