Brexit deal: UK agrees £333m annual fishing quotas with EU
The UK has now concluded annual fisheries negotiations with the EU, providing certainty for the fishing industry on catch limits for the remainder of 2021,...
Shipping
Cyprus shipowner earns record fee in single voyage
A Cyprus-based shipowner has managed to regain almost a sixth of their ship’s value in a single voyage due to the frenetic global container market...
UK to build new flagship to promote ‘best of British’
Britain is to build a new flagship to promote its business and trade interests around the world, the government said on Saturday, in a move it said...
China’s Marco Polo, one of world’s largest container ships, arrives in US
China’s Marco Polo, the largest container ship ever to arrive on the US East Coast, arrived on Thursday. At 16,022 twenty-foot equivalent units (TEU), the...
Anastasiades says long-term strategy for shipping in the works
Despite the financial difficulties cause by pandemic restrictions, Cyprus managed to maintain its position as the third largest shipping fleet in Europe, the 11th largest...
‘Buyer demand is high for Limassol Marina properties’ – Marina Manager
Limassol Marina General Manager Nikiforos Pampakas talks about how the wharf is faring and evolving. Q:How has the Limassol Marina been affected by the pandemic?...
Cyprus, Lebanon, Syria cannot agree on maritime borders
Lebanese Minister of Public Works and Transport Michel Najjar early this month signed an amendment of a decree that would fix Lebanon’s maritime borders –...
Dislodged ship held in Suez Canal awaiting $916mn damages claim
A ship that blocked the Suez Canal for almost a week in March is being held in the waterway as canal authorities pursue a $916...
How to make ships more sustainable and less noisy
By Sandrine Ceurstemont Ships have a significant environmental impact during building, operation and when they’re scrapped, but new approaches and composite materials to replace steel...
Carnival says not taking stance on mandatory Covid-19 vaccinations for travelers
Carnival Corp, the world’s largest cruise operator, is currently not taking a position on mandatory Covid-19 vaccinations for passengers before traveling, a company spokesman told...
Norwegian Cruise to start Greek island trips in July
Norwegian Cruise Line Holdings Ltd said on Tuesday it would begin sailing outside the United States from the Caribbean and Greek Isles in July, restarting...
Suez Canal block has global impact
There have been global repercussions from the recent block of the Suez Canal for six days by a stranded container vessel. The Suez Canal Authority...
Suez blockage may lead to large reinsurance claims
The blockage of the Suez Canal is likely to lead to large reinsurance claims, adding to upward pressure on marine reinsurance rates, James Vickers, chair...
Ship blocking Suez Canal is now entirely free; traffic resumes in key waterway
Salvage teams freed the Ever Given in the Suez Canal, according to maritime services provider Inchcape, almost a week after the giant vessel ran aground...
Turkey to build massive Istanbul canal costing $9.2bn
Turkey has approved development plans for a huge canal on the edge of Istanbul, Environment Minister Murat Kurum said on Saturday, advancing a project which...
Royal Caribbean to launch regular cruises from Cyprus this summer
Royal Caribbean International has revealed Jewel of the Seas will be sailing seven-night cruises from Limassol, Cyprus, this summer. Starting July 10th, the vessel will...
Giant ship, still blocking Suez canal, also sends shipping rates rocketing higher
Reeling from the blockage in the Suez Canal, shipping rates for oil product tankers have nearly doubled this week, and several vessels were diverted away...
Carnival CEO sees two more tough years for cruise industry
Carnival Corp Chief Executive Arnold Donald anticipates at least two more tough years for the cruise industry, which is unlikely to return to pre-pandemic levels...
Shipping CEO Despina Panayiotou Theodosiou builds international business from Cyprus
“Businesses in Cyprus support each other. It’s a real community,” comments Despina Panayiotou Theodosiou, CEO at Tototheo Maritime & President at WISTA International in an...
Cyprus welcomes Chinese buses featuring style and safety
The 200 King Long high-end city buses that arrived in Cyprus from Xiamen on May 27, 2020 are both stylish and safe for use in...