Shipping

Here are the top business stories in Cyprus from the week starting April 24: Cyprus’ shipping industry will continue to improve, according to the country’s Deputy Minister of Shipping, as ...

Deputy Minister of Shipping Marina Hadjimanoli this week said that as a leading maritime nation, Cyprus has a duty to accelerate the shipping sector’s transition into a low-carbon and ...

Hellenic Bank on Thursday released a statement in which it underlined its support for the shipping industry and its people, something which is reflected through its backing of this year’...

A protest which blocked off entry and departure of ships from Larnaca port on Monday morning caused a stern reaction from Kition Ocean Holdings, which warned it was considering taking ...

The Cyprus Marine and Maritime Institute this week announced that it will be hosting a press conference on the “European Maritime Day (EMD) in Cyprus” with parallel events taking place ...

Harmonised inflation in Cyprus rose by 6.1 per cent in March 2023 compared to the same period last year, according to a report released this week by the Cyprus Statistical Service (Cystat). ...

Cyprus will run for spot on the board of the International Maritime Organisation (IMO), President Nikos Christodoulides said on Saturday. He said in this way Cyprus would be able to ...

Total deposits in Cyprus recorded a net increase of €357.1 million in February 2023, compared to the previous month, with their balance amounting to €51.9 billion, according to a report released this week ...

New sails and boat designs are set to help shipowners slash fuel costs and emissions. By Gareth Willmer There is no mistaking Cristina Aleixendri’s enthusiasm – and competence – when it ...

Port management company DP World Limassol on Friday released a statement about the visit of three key ministers earlier this week, which marks the first official visit of the new ...

The Marine Observation Centre of the Cyprus Marine and Maritime Institute (CMMI) announced this week that it successfully held its first workshop on March 10 2023 at the Cyprus Centre for Land, ...

Cypriot company Tototheo Maritime on Tuesday announced that co-CEO Despina Panagiotou Theodosiou, co-CEO Sokratis Theodosiou, Chief Operations Officer Natalia Bury Loyal, and Head of Business Development Antonis Maniatis attended the ...

The Cyprus Maritime and Maritime Institute (CMMI) has released a statement saying that it has launched the Adaptation project, which seeks to promote the green transition in the shipping industry. ...

Deputy Minister of Shipping Marina Hadjimanoli on Wednesday met with Limassol mayor Nicos Nicolaides, during which they touched on matters related to the Cypriot shipping sector. The Limassol mayor congratulated ...

State-owned Cyprus Asset Management Company (Kedipes) on Tuesday an interest rate subsidy for restructured loans with the base rate of the European Central Bank, so that the interest rates do ...

Cyprus marine technology company Marine-Fields Holding Ltd on Friday announced that it has expanded its presence in Germany through the acquisition of BM Bergmann Marine GmbH. The company said that ...

Central Bank governor Constantinos Herodotou used his keynote address at the Cyprus Maritime Forum on Tuesday to discuss economic developments in the euro area, as well as the performance of ...

The Cyprus Ports Authority this week told the House Finance Committee that its budget for 2023 will generate a slight surplus, while also referring to the upgraded role it has now ...

President-elect Nicos Christodoulides this week said that he is ready to work closely with the Employers and Industrialists Federation (OEV) in order to mutually tackle the challenges facing the Cypriot ...

Shipping and logistics group A.P. Moller-Maersk (MAERSKb.CO) has agreed to sell its two logistics sites in Russia to IG Finance Development Limited, it said on Monday, nearly marking ...

Limassol port management company DP World Limassol on Friday announced that it has completed six years as operator of the multi-purpose and cruise terminal, stating that it remains committed to ...

The association of large investment projects (SMA) this week welcomed the decision by the cabinet of ministers to approve the creation of a marina in Paphos, a major project for ...

Deputy Minister of Shipping Vassilis Demetriades met with Japanese ambassador Yoshio Yamawaki on Monday, where both sides reiterated that Cyprus and Japan continue to strengthen their bilateral cooperation, particularly in ...

Deloitte Cyprus on Wednesday announced that it has signed a sponsorship agreement with the Cyprus Olympic Committee (Koe), valid until the end of 2024, the year of the Paris 2024 Olympic Games. ...