A collision on Saturday between a Greek-registered bulk carrier and a Malaysian government vessel in disputed territorial waters has reignited politcal tensions between Singapore and Malaysia over an ongoing sovereignty claim of sea borders.

The Cypriot ship registry currently ranks 10th in the world and third in the European Union, but this achievement would pale into insignificance if the industry’s “Achilles heel” was to disappear with the
 settlement of the Cyprus problem which divides the island nation. Unity of the island could boost the commercial fleet to new levels, according to, Cyprus Shipping Chamber dg, Thomas Kazakos.