Royal Caribbean Group recently registered the cruise ship "Spectrum of the Seas" under the Cyprus flag. Royal Caribbean Group is one of the world's largest cruise companies and, as has already been announced, it plans to open an office in Cyprus later in 2023. The office will be based in Limassol and is intended to support ship operations as the company looks to develop its Eastern Mediterranean business.

For further information on this topic please contact Costas Stamatiou or Vassilis Psyrras at Elias Neocleous & Co LLC by telephone (+357 25 110 110) or email ([email protected] or [email protected]). The Elias Neocleous & Co LLC website can be accessed at www.neo.law.