Cyprus Financial Crisis: Effect on Shipping Interests
Tax-News
Monday, April 01, 2013, 4:28 AM
Cypriot
Transport Minister, Tasos Mitsopoulos, states the nation's shipping
registry will not be affected by turmoil in banking sector.
The Minister downplayed the impact of Cyprus's banking crisis on the
local shipping industry, pointing out that none of the island's banks
are active in ship financing, reports Tax-News.
Despite Mitsopoulos's assurances, many shipping companies' bank
deposits in Cyprus are expected to be heavily impacted by the banking
sector developments, and could see losses topping 40% on amounts over
EUR100,000, alongside the imposition of capital controls, which may
restrict the companies' business activities.
Source: Tax-News
Note:Because of seypec's Financial Interest In Cyprus it stands to lose 40% as well.
Victoria Navigation (Cyprus) founded in 2008 to manage Seychelles tanker fleet.
33 comments:
We/I have noted the many pictures added to SFP blog alongside the articles.
We are oblige for whatever reason the author of that article "Will the Fate Of Seychelles Oil Tankers End Up Same As Air Seychelles?" the content of our earlier comment - Hon Christopher Gill/Oil exploration - how the Mauritian will react when they will have to call for accountability from the Multinational intending to explore the joint Economic Zone and catastrophic events in Mauritius.
With out to be shouted on SFP Blog SIROP shut the Bake/pot de chambre limited details in our Greece/Cyprus threads and comments - still stressing that during the era of President FA Rene there existed a very important and strong working - just to give a glimpse, we mentioned the issues of Christina Onassis, her daughter and events - we got superbly sworn at.
We tried again at the SIROP blog to address the issues particularly in relation to Venezuela and President Hugo Chavez, what drove/impacted the Latin American Nation to form their Union - certain very special workings and relations. All along concern over the Petrol Tanker fleet because we were importantly involved - those if you who specialism in swearing will have to go and find /locate Madame Bareau to develop new swear word vocabulary.
We have been monitoring development withing the Greek/Cypriots community in Britain their very special role and events of that Bail out and the new approach by the EU-demanding that savers with Euro 100,000 contribute take a hit.
This Hon Christopher Gill could/ought to have been avoided - you too is required to listen and you will learn - as we have. Were you in our shoe your reaction - we have stated we have the capacity to influence OPEC workings and None OPEC workings and this for some near 30 years. Those out there who know and their Benchmark.
President FA Rene judge/decide we must/ought not be paid for our work, important input and contribution to this National industry and his international workings. Yet his High responsibilities - had we been paid or compensated an iota of what we are due that money could have been used to develop and support many aspects of SIROP workings and technical support and our greater EU Community workings.
Instead after all the hard slog and work he believes and Seychelles government not just to treat use like Terrorist - those who know the issues, to starve us from funds and still expect us to work/contribute very positively.
Between him and President JA Michel who have become blinded by events surrounding them and the Indian Ocean the past 30 years - we state it again, Seychelles has very few capable individuals if the die/disappear what will ensue. The need to find other alternative ways/means to get things moving - those involved and responsible.
Now you are quoting on your Blog SEPEC is to take 40% hit given Cyprus new banking legislation. (By the way the many powerful Russian who know some of the issues and their investment in Cyprus) This will not change and deter FA Rene and President Michel approach.
in 2009 when we come Home and tried to find/negotiate a solution - they refused and one year later the country almost when bankrupt without having to repeat the details here. This 40% hit in comparison/ratio to what we are owned/due by those who were and have been responsible for SEPEC and the National Tanker Fleet - demand the nation to ask /question the rationality of those managing our country's workings and economic.
What about the devastation upon greater global workings economic workings - yet we boast of Super capabilities and the large numbers of highly distinguish doctorates and academic Finish.
Please refer to our earlier comment about the second world war film and the $16 millions in gold bar.
http://sirop.webs.com/apps/blog/show/24425232-we-decided-to-watch-the-funeral-of-president-hugo-chavez-frias
Edmond shut the f... up please . Write so ething relevant and meaningful and in english please
Who the hell is this guy ! Is he from the illuminati crowd !
With the mega garbage blowing up in Britain, Cyprus/Greece their respective Royal Families and orthodox belief - we state it for the umpteen times - we had been the conceptor of the mechanism which those attribute to "modern English", those who took it and bastardize it and the mega global disaster - those who took it and branded it new Labor.
Friends - the situation we are is is not time for small talk - we need to find and work for very serious solution before it s very late.
Mr. Edmond should say what he likes. You do not have to read it.
No one should ever be faced with a call to silent his speech.
Seselwa Unite!
Sesel Pou Seselwa!
Christopher Gill
Leader
Seychelles Freedom Party
I am not a fan of statements made by Mr Edmond but SFP believes in freedom of expression and Mr Edmond is entitle to his opinion.
He has the right to communicate in his own right on this blog like others.
SFP (UK)
Mr. Edmond is free to say whatever he likes. I am a fan.
Noone is arguing that Edmond doesn't have a right to express himself but for goodness sake write something that is relevant to this blog. Stop taking up space to write non-sense which no one can understand.
Mr. Edmond should say what he likes. You do not have to read it.
No one should ever be faced with a call to silent his speech.
Seselwa Unite!
Sesel Pou Seselwa!
Christopher Gill
Leader
Seychelles Freedom Party
Mr Gill, Is that why you delete posts written by people that dare challenge any of your policies or speak against SFP.
I do not delete any comments.
Seselwa Unite!
Sesel Pou Seslwa!
Christopher Gill
Well your side Kick JP Isaac does. Maybe you should teach him what freedom of expression really is
What do you care? You are writing under anonymous. If you really care, you would be fighting SBC and the Nation for freedom of expression for all Seselwa not SFP for removing your inappropriate comments...
MICROBIOME :) :) :)
Oh and Microbiome :) :) :) is a real name is it.
Freedom of expression is not rude crude or vulgar in a forum.
Freedom of expression does not denigrate someone to a side kick. Isaac is his own man and I am my own man.
Freedom of expression if it is to be taken seriously, does not sign off as "ANONYMOUS".
Seselwa Unite!
Sesel Pou Seselwa!
Christopher Gill
Leader
Seychelles Freedom Party
Okax Mr Gill. Point taken. I noticed you acusing the govt of letting woman have abortions. Have you forgotten when you paid for Karol Khambatta (One of your ex girlfriends) to have an abortion. You cannot deny it as the prrof is there.
Is it not true that you were in a landscam with an italian woman and the reason you joined SPPF was for them to bail you out and rule in your favour over the land transaction
Jules Payet
MICROBKAKA re: April 3, 2013 at 6:01 PM
Ou parey troufes Gill ler i pete...
Well said Payet.
Who does that self righteous prick Christopher Gill think he is kidding on here?
He is the epitome of all that is corrupt and yet thinks he can pull the wool over our eyes! He'll only fool his little toto Isaak a.k.a. Ti-Johnny-Le-Gay and reward him with a big title of SG (sekreter grenouille) (they love big title those lackeys) but that's about it!
Then there's that loser cunt back in the UK, yes that l'anbassaderyer, but that's another story...
Pissedoff, the one in UK bankrupted, trying to lay an egg bigger than his ass.Trying to prove all UK Seychellois that he is better than them. Karma
Pissed off Ramkalawan and company-,
Welcome back.
I see you are as pathetic as ever. No substance, no back bone, no ideas, no reason to exist.
Why don't you say something that we can reply to.
You making it real difficult for our people to call for democracy with you as a poor example of leadership.
You cannot even justify your fat cat pensions with PL for 20 Million per year.
Seselwa Unite!
Sesel Pou Seselwa!
Christopher Gill
Leader
Seychelles Freedom Party
I have been waiting for a while to lure that bastard Pissdeoff into a trap.
Keep posting and soon your picture will be on facebook.
Two down one to go!
switzerland is being put to task on the books.
Reply to this Mr Gill
Okax Mr Gill. Point taken. I noticed you acusing the govt of letting woman have abortions. Have you forgotten when you paid for Karol Khambatta (One of your ex girlfriends) to have an abortion. You cannot deny it as the prrof is there.
Is it not true that you were in a landscam with an italian woman and the reason you joined SPPF was for them to bail you out and rule in your favour over the land transaction
Jules Payet
False accusation, where is your proof decayed?
How much fund has the Seychelles Oil Tankers and Air Seychelles contributed to the Seychelles economy? Okay! It's a secret that should not be shared with the average Seychellois!
For those who does not know what Microbiome is. Please copy-and-paste the links below:
http://www.hmpdacc.org/
http://www.earthmicrobiome.org/
http://en.wikipedia.org/wiki/Microbiome
MICROBIOME :) :) :)
ZERO,for all revenues were pocketed by Savy and Adam which might constitute part of the 2,5 billions missing in our coffers.
Abortion should it consider necessary,for instance,a under age girl who might have been raped and felt pregnant,thne in this case it is acceptable.But the forced abortion being conducted by PP is aim solely at reducing Seychellois rasins to repalce them by fake Seychellois in Michel's new Seychelles.It is similar to when Michel told us recently namely"That we(pp)offer CT scanner to allow people to know what is wrong"They wuestion to the butcher is ,what the use of knowing what is wrong when your governemnt cannot provide the medicvations to fix what is wrong,dog?He went on to say"Some come in the morning drunk ,they do not know their names"Of course not,For the evening before they were in PP LAKANBISS drinking dirty toxic water supply by PP thugs and hard drugs supüply by PP escobars.
Jeanne D^?Arc
For those who does not know what Microbiome is....it means MICROBKAKA DAN BOYO TOTOF!
...and that's my story and I'm sticking to it...like shit on a wall!
I guess you do not need a mirror to see your reflection, you only have to look at that wall and there you are splattered all over it.
MICROBIOME :) :) :)
Non mon vieux, on that wall is you after Totof ti ganny ladyare!
Well, you're not sticking to your story like shit on the wall anymore! Are you? You must really hate your reflection.
This is not about Totof or anybody else with diarrhea, it is about you trying to justify corruption with profanities.
MICROBIOME :) :) :)
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