Cyprus Ship Management Revenue
Ship management revenues in Cyprus reached €978 million in the first half of 2025, a 6.7% increase compared to the second half of 2024, according to the Central Bank of Cyprus (CBC).
This figure accounts for 5.5% of Cyprus's half-year GDP, exceeding the 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 account for 85% of total revenues, indicating a small number of large firms dominate the industry.
Author's summary: Cyprus ship management revenue grows to €978 million.
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