News & Blog

Shipping industry news, Cyprus port updates and logistics insights.

Global Ship Recycling Market Holds Steady Amid Limited Tonnage Supply

Global Ship Recycling Market Holds Steady Amid Limited Tonnage Supply

The ship‑recycling market stays stable this week, with tight vessel availability in India, Bangladesh, Pakistan and Turkey, while steel demand underpins buying interest.

31/10/2026

Adani Ports submits $3.3bn offer for Evos Terminals as shares dip 1%

Adani Ports has lodged a binding $3.3 billion bid for European liquid‑storage operator Evos Terminals, sending its shares down about 1%.

31/10/2026
From Farm to Table: How Zorbas Ovens Became Cyprus’ Nationwide Bread Distributor

From Farm to Table: How Zorbas Ovens Became Cyprus’ Nationwide Bread Distributor

A family‑run bakery evolved from a modest workshop to a logistics powerhouse serving every Cypriot household.

31/10/2026
Three Generations, 50 Years, Millions of Eggs: The Story of Tzionis Farm

Three Generations, 50 Years, Millions of Eggs: The Story of Tzionis Farm

Since 1976, Tzionis Farm has grown from a family venture to Cyprus’s leading egg producer, now navigating modern challenges with technology and state support.

30/10/2026
SuperHome Center Rolls Out Self‑Checkout to Accelerate Retail Purchases

SuperHome Center Rolls Out Self‑Checkout to Accelerate Retail Purchases

SuperHome Center launches self‑checkout kiosks in three Cypriot stores, offering faster, contact‑free buying while keeping staffed cashiers for personalized service.

30/10/2026
CTC Group Announces New Board President and Six Senior Management Changes

CTC Group Announces New Board President and Six Senior Management Changes

CTC Group names Christakis Charalambous as non‑executive Board President and reshuffles six senior roles effective early 2027.

30/10/2026
Maritime Industry Moves Toward Unified Digital Emissions Reporting Frameworks

Maritime Industry Moves Toward Unified Digital Emissions Reporting Frameworks

The Tripartite JIWG unveils voluntary OVD and VER standards to streamline operational and emissions data exchange across the shipping sector.

30/10/2026
Russian Diesel Resumes Atlantic Routes, Shifting Product Tanker Landscape

Russian Diesel Resumes Atlantic Routes, Shifting Product Tanker Landscape

US eases sanctions, allowing Russian diesel shipments to the Atlantic, potentially reshaping demand for medium‑range tankers.

30/10/2026
Baltic Dry Index Rises to 2,712, Up 60 Points Amid Strengthening Bulk Freight Market

Baltic Dry Index Rises to 2,712, Up 60 Points Amid Strengthening Bulk Freight Market

The Baltic Dry Index climbed to 2,712 on October 29, gaining 60 points, reflecting renewed demand for bulk cargo transport.

30/10/2026
Woodside sells full 33.44% Greater Sunrise stake to Timor‑Gap for up to $200 million

Woodside sells full 33.44% Greater Sunrise stake to Timor‑Gap for up to $200 million

Woodside will divest its 33.44% share in the Greater Sunrise gas project to Timor‑Gap for up to $200 million, paving the way for full Timorese ownership.

29/10/2026

DIMCO Marks 60 Years of Lighting and Electrical Solutions in Cyprus

DIMCO celebrated six decades of lighting and electrical supply in Cyprus, highlighting its commitment to quality, innovation and service to the maritime and construction sectors.

29/10/2026
Cyprus‑China Trade Surpasses $1.44 bn in 2025, Halloumi, Zivania & Juices Gain Footprint

Cyprus‑China Trade Surpasses $1.44 bn in 2025, Halloumi, Zivania & Juices Gain Footprint

Bilateral trade between Cyprus and China hit $1.44 bn in 2025, up 26% year‑on‑year, with halloumi, zivania and fruit juices entering the Chinese market.

29/10/2026

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