Shipping

71 community councils have been exempted from contributing to the construction cost of various small-scale projects amounting to €5.2 million in total. The councils’ contributions will instead be sourced from savings made ...

President Nicos Anastasiades praised the resilience of the shipping sector during a dinner hosted by the Cyprus Union Of Shipowners in Athens. Anastasiades underlined shipping’s contribution to the Cypriot ...

The Cyprus shipping industry met with the International Chamber of Shipping (ICS) on Tuesday, September 14, to discuss the various technical and environmental issues stemming from the implementation of the pertinent ...

The Maritime Cyprus Conference has been postponed due to logistical issues stemming from the coronavirus pandemic and the related precautions and safety measures currently in place for all physical events. ...

Transport Minister Yiannis Karousos expressed ‘total satisfaction’ with the progress of the Larnaca port and marina redevelopment project after visiting the site on Thursday, September 9. Karousos met with people from ...

Cyprus Shipping Deputy Minister Vassilios Demetriades met with his Egyptian counterpart Transport Minister Kamel al-Wazir on Saturday, September 4, as part of the wider intergovernmental conference between the two governments. The ...

The first Iranian fuel oil cargo secured through Lebanon’s armed group Hezbollah will be delivered via Syria by truck to avoid complications related to sanctions, two sources with knowledge ...

The public deficit has fallen by 0.2 per cent in the first seven months of the year, with preliminary fiscal results by the Cyprus statistical service showing a General Government deficit ...

There are at least four well-funded companies focused on competing to supply broadband from space in low-earth orbits. The market for these services is vast, but it particularly benefits shipping, ...

Four out of five German companies are struggling with a shortage of raw materials, the Association of German Chambers of Industry and Commerce (DIHK) announced on Thursday. Global supply chains ...

Beer deliveries in Cyprus have increased year-on-year during the first seven months of the year, a report by the Cyprus Statistical Service has shown. According to the service, 19.49 million litres ...

2021 will be the first year in the history of container shipping when carrier profits approach $100 billion and average freight rates jump by 50 per cent, according to the latest edition of ...

Cyprus-based Vioiatriki Laboratories are offering a cellular immunity test for Covid-19, according to a statement. “Cellular immunity begins almost simultaneously with the production of antibodies to the virus after disease ...

The redevelopment of the Larnaca port and marina is expected to generate billions in revenue, Kition Ocean Holdings CEO Panos Alexandrou said in a press release on Wednesday. Moreover, the ...

Cyta’s new chairman of the board Michael Ioannides has officially assumed his duties, releasing an introductory statement about his new role. “The challenge, both for me and for all ...

The Cyprus Chamber of Shipping doesn’t think that the EU’s package to decarbonise shipping will simply prove effective. The “Fit for 55” package is a set of proposals to ...

Kuwait plans to establish logistic cities to support local economy and attract foreign investment, Kuwait Ports Authority (KPA) announced on Sunday. Sheikh Yousef Al-Abdullah Al-Sabah, KPA Director-General, said that these ...

The Budapest Airport has reported a record turnover for its first six months in 2021, thanks to the Chinese e-commerce giant Alibaba, the airport informed Wednesday. “Thanks to the record half-year, ...

China’s foreign trade in the first half of the year posted the best performance in history, underpinned by the country’s sustainable economic recovery and strong global demand. The ...

Cyprus-flagged ships violate US sanctions at their own risk, as this country is not legally obliged to enforce those of the US. This is in reply to a Lloyds List ...

Top oil shipping companies say they have tightened operational guidelines and deployed technology to prevent accidental breaches of sanctions, as the countries hit by ever tougher restrictions fight back with ...

According to this year’s recently released Xinhua-Baltic International Shipping Center Development Index Report, Singapore, London and Shanghai are the top three global shipping hubs in 2021, followed by Hong Kong, ...

Egypt’s Suez Canal revenue rose to a record $5.84 billion in its 2020-21 financial year (July-June), up from $5.72 bln in the previous year, the Suez Canal Authority said on Sunday. ...

SHIPPING has been left out of the Organisation for Economic Co-operation and Development proposals for a global minimum corporation tax rate of no less than 15 per cent, Lloyds List reported ...