Shipping

Dubai-owned ports giant DP World [RIC:RIC:DPWRD.UL] will invest around $510 million to build a new container terminal at the Kandla port in the Indian state of Gujarat, its ...

Cyprus-based Multimarine Services Ltd this week announced that it has marked a significant achievement with the successful construction of a floating electrical hub, heralding the island’s entrance into the ...

Limassol port management company DP World Limassol on Tuesday announced that it has acquired new equipment, in an ongoing effort to enhance operations and increase productivity at the Multi-Purpose Terminal ...

The Central Bank of Cyprus on Tuesday announced that in July 2023, a total of 36 bounced cheques amounting to €112,717 were issued, contributing to the addition of 18 entities (11 legal and 7 natural persons) ...

In a bid to strengthen their existing partnership and foster collaboration in various areas of mutual interest, the Cyprus Shipping Chamber and the University of Cyprus recently signed a cooperation ...

Kition Ocean Holdings this week announced that it has decided to extend the low berthing fees for the next quarter, following a meeting with the local representative of the Pan-Cyprian ...

The Cyprus Shipping Chamber (CSC) this week released a statement welcoming the decisions taken at the 80th meeting of the Marine Environment Protection Committee (MEPC80) regarding the revised Greenhouse Gas ...

The Cyprus Chamber of Commerce and Industry (Keve) on Monday announced that it will be hosting a sustainable tourism conference on Wednesday, July 12, 2023, at 17:00. The event, titled “A Journey towards ...

President Nikos Christodoulides this week underscored the government’s commitment to the shipping industry and praised the multifaceted work of the Cyprus Shipping Chamber (CSC) during a formal meeting held ...

The Cyprus Marine Club held a successful event on Tuesday, with Shipping Deputy Minister Marina Hadjimanoli, as guest speaker. The event, titled ‘Hundred days in charge as Shipping Deputy Minister,’ ...

The Cyprus Shipping Chamber (CSC) on Wednesday welcomed the ratification of the Hong Kong Convention on Safe and Environmentally Sound Ship Recycling by Bangladesh, one of the leading countries in ...

The Cypriot flag has been included among the flags of countries listed in the white list of the Paris and Tokyo memoranda, according to Deputy Minister for Shipping Marina Hadjimanoli. ...

Here are the top business stories in Cyprus from the week starting June 19: Hellenic Bank on Friday released its financial results for the first quarter of 2023, posting a profit of €69.7 ...

Cypriot-flagged ships are the eighth-most trustworthy in the world, according to the secretariat of the Paris Memorandum of Understanding (MoU). The MoU measures the performance of ships bearing the flags ...

In commemoration of World Seafarers’ Day, the Cyprus Shipping Chamber (CSC) this week organised its first blood donation event of the year, a tradition it has maintained for the past 30 ...

Salamis Lines Ltd, a member of the Salamis Organisation, announced this week that it has acquired a new container ship named “IONIA”, which has subsequently been registered in the Cypriot ...

Students from the University of Pittsburgh had the opportunity to tour the facilities of Eurogate Container Terminal Limassol Ltd during a visit to Cyprus this week. According to a statement ...

In a recent working meeting between Cyprus and India held during the Best Invest Congress in Limassol, Marina Hadjimanoli, Deputy Minister of Shipping, emphasised the invaluable asset that shipping represents ...

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’ ...