Shipping

Port management company DP World Limassol on Thursday released a statement announcing that Simon Pitout has been appointed as the company’s new chief executive officer, effective from June 1, 2023. The ...

Here are the top business stories in Cyprus from the week starting May 22: Talks between the government and US energy giant Chevron appeared to move in a positive direction on ...

The implementation of good practices, the application of technologies related to the decarbonisation of coastal cities and the improvement of the quality of life of residents were the focus of ...

Lloyd’s Register has told India’s Gatik Ship Management, which has become a major carrier of Russian oil since the Ukraine war, that it will withdraw certification of 21 of ...

In a concerted effort to support initiatives aimed at protecting the marine environment, Kition Ocean Port and Kition Ocean Marina announced this week they have become members of the Cyprus ...

Cyprus has immense potential to gain from the blue economy, President Nikos Christodoulides said at the inauguration of the Blue Economy Innovation Centre of Limassol Municipality. He emphasised that Cyprus’ ...

The European Maritime Day in Cyprus commenced with a grand opening ceremony held at Larnaca’s Medieval Castle on Thursday, according to an announcement released yesterday. The event, organised by ...

The Deputy Minister of Shipping, Marina Hadjimanoli, emphasised the importance of competitiveness, resilience, and anticipation of new trends and challenges in the shipping industry. Hadjimanoli’s comments were made during ...

PwC Cyprus on Wednesday announced that it once again recognised the excellence of its trainee accountants, rewarding their significant distinctions in international exams by the Association of Chartered Certified Accountants (...

President Nikos Christodoulides on Tuesday addressed the Cyprus Shipping Chamber’s annual general meeting, praising the association for its efforts in boosting the local maritime sector, and consequently elevating the ...

Deputy Ministry eager to continue green and digital transition efforts, engaged with EU on sanctions With the implementation of the state’s action plan, combined with the quality services and ...

The performance of the Cypriot economy remains strong, despite a weakening of growth momentum in the last quarter of 2022, according to a report released this week by the Economics Research ...

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 ...