1. MINISTRY OF COMMUNICATIONS AND WORKS, DEPARTMENT OF MERCHANT SHIPPING Challenges that Flag States face with regard to Climate Change and the activities that Cyprus carries out in this regard Serghios S. Serghiou Director Department of Merchant Shipping - Cyprus

2. MINISTRY OF COMMUNICATIONS AND WORKS, DEPARTMENT OF MERCHANT SHIPPING IMO’s mission statement:

3. MINISTRY OF COMMUNICATIONS AND WORKS, DEPARTMENT OF MERCHANT SHIPPING Shipping: the most efficient mode of transport Source: NTM Sweden

4. MINISTRY OF COMMUNICATIONS AND WORKS, DEPARTMENT OF MERCHANT SHIPPING but still...

5. MINISTRY OF COMMUNICATIONS AND WORKS, DEPARTMENT OF MERCHANT SHIPPING IMO: Energy Efficiency Indices

6. MINISTRY OF COMMUNICATIONS AND WORKS, DEPARTMENT OF MERCHANT SHIPPING Incentives according to the carbon footprint point of view

7. MINISTRY OF COMMUNICATIONS AND WORKS, DEPARTMENT OF MERCHANT SHIPPING Incentives for modernisation of fleet

8. MINISTRY OF COMMUNICATIONS AND WORKS, DEPARTMENT OF MERCHANT SHIPPING Establishment of an eco footprint

9. MINISTRY OF COMMUNICATIONS AND WORKS, DEPARTMENT OF MERCHANT SHIPPING Long term strategy: promote seafarer’s profession and provide incentives

10. MINISTRY OF COMMUNICATIONS AND WORKS, DEPARTMENT OF MERCHANT SHIPPING Cyprus: new philosophy on fleet management and administration as regards Climate Change