+357-25-208700websales@shoham.com.cy08:00 - 17:00
Login|Register
Shoham Shipping & Logistics

News & Blog

Shipping industry news, Cyprus port updates and logistics insights.

Cyprus Retail Trade Surges 8.9% in July – Implications for Shipping and Logistics

Cyprus Retail Trade Surges 8.9% in July – Implications for Shipping and Logistics

July retail sales in Cyprus rose 8.9% YoY, with value up 11%, signalling stronger cargo demand for shipping and logistics operators.

02/09/2026
Cyprus Consumer Goods Prices Rise in August: 1,434 Items Up 10.4%

Cyprus Consumer Goods Prices Rise in August: 1,434 Items Up 10.4%

In August 2026, 1,434 e‑Kalathi items saw a 10.4% average price increase, while 1,511 items fell 10.6%, signaling mixed market trends.

02/09/2026

BYD’s Export Surge Drives 18% Sales Rise in August, Aims for 5‑Million‑Vehicle Target

BYD’s August vehicle sales jumped 18% YoY, bolstered by a 43% share of exports as the Chinese automaker pushes to hit its 5‑million‑car annual goal.

02/09/2026
Black Sea Turmoil Threatens Sunflower Oil Trade and Vegoil Carrier Demand

Black Sea Turmoil Threatens Sunflower Oil Trade and Vegoil Carrier Demand

Disruptions in Black Sea ports are curbing sunflower oil shipments, prompting importers like India to seek alternatives and dampening demand for vegoil vessels.

01/09/2026
Strait of Hormuz Closure Scenario: Effects on Oil, LNG and Bunker Fuels in 2026

Strait of Hormuz Closure Scenario: Effects on Oil, LNG and Bunker Fuels in 2026

A prolonged shutdown of the Strait of Hormuz could tighten oil supplies, lift bunker fuel costs and pressure European gas inventories ahead of winter.

01/09/2026

VLCC Demand Soars as Shipowners Accelerate Fleet Expansion Amid Middle East Tensions

Shipowners snap up VLCCs, driving a 53% YoY rise in tanker sales, as the Sinokor‑MSC alliance fuels a surge in large‑crude carrier demand.

01/09/2026

Thenamaris Revives Boxship Programme with Four New 3,200‑TEU Vessels from Hengli

Greek carrier Thenamaris adds four 3,200‑TEU containerships to its 2028 delivery schedule, marking a rare return to boxship construction.

31/08/2026
GHL Offers Return of Dolphin Drilling’s Blackford Unit to Nigeria Amid $105m Dispute

GHL Offers Return of Dolphin Drilling’s Blackford Unit to Nigeria Amid $105m Dispute

GHL’s non‑binding proposal to redeploy the Blackford Dolphin rig to Nigeria could pave the way for a partial settlement of Dolphin Drilling’s $105 million claim.

31/08/2026
California Takes Offshore Wind Lease Dispute to Federal Court, Challenging $120 M Deal

California Takes Offshore Wind Lease Dispute to Federal Court, Challenging $120 M Deal

California sues the Trump administration and Golden State Wind to overturn a $120 million lease cancellation for a 2 GW floating wind project.

31/08/2026
Sfera’s Brand Philosophy Brought to Life: Store Manager Nadia Poursanidou Shares Insights

Sfera’s Brand Philosophy Brought to Life: Store Manager Nadia Poursanidou Shares Insights

Store manager Nadia Poursanidou explains how Sfera’s brand philosophy drives daily operations, team building and data‑driven decisions at the Nicosia Mall outlet.

30/08/2026
Australian Iron Ore Exports Grow in 2026, Strengthening Global Bulk Trade

Australian Iron Ore Exports Grow in 2026, Strengthening Global Bulk Trade

Australian iron ore shipments rose 2.3% YoY in Jan‑Jul 2026, keeping the nation at a 56% share of global exports, driven by steady demand from China.

29/08/2026
Baltic Dry Index Extends Seven-Day Rally, Hits June Highs Across All Segments

Baltic Dry Index Extends Seven-Day Rally, Hits June Highs Across All Segments

The Baltic Dry Index rose 2.5% to 3,186, marking a seventh consecutive gain and its strongest level since early June.

29/08/2026

Earlier posts