Germany's Schulte Group has further committed itself to Cyprus by opening an upgraded maritime training centre for its shipmanagement arm BSM.

During Maritime Cyprus, the company hosted a hospitality event to mark the inauguration at the Marina Beach Bar, attended by more than 500 guests, including clients, Limassol mayor Nicos Nicolaides and officials from the department of merchant shipping.

The guests were welcomed by Schulte Group CEO Ian Beveridge and Schulte Group CCO and managing partner Johann Schulte, followed by a performance by the retro swing band The Swingin’ Cats.

“Our shared history began in 1972 when the Schulte Group chairman, Dr Heinrich Schulte, one of the founding fathers of the Cyprus shipping industry, first set foot on Cyprus and established Hanseatic Shipping Co (now part of BSM), the first shipmanagement company on the island," said BSM director of strategy and product development Yiannis Sykas.

"Today, more than ever, we believe the strength of the Schulte Group lies in the strength of our people and investing in our people’s training remains a strategic priority."

The centre is a joint initiative with Cyprus Ports Authority.