News & Blog

Shipping industry news, Cyprus port updates and logistics insights.

IMO GHG Working Group Deliberates Net‑Zero Framework Amid Diverging Views

IMO GHG Working Group Deliberates Net‑Zero Framework Amid Diverging Views

The IMO’s inter‑sessional GHG working group met in London, tackling draft MARPOL Annex VI amendments and facing split opinions on the Net‑Zero fuel‑intensity trajectory.

11/09/2026
Capesize Freight Rates Reach Five‑Year High on Atlantic Iron Ore and Bauxite Surge

Capesize Freight Rates Reach Five‑Year High on Atlantic Iron Ore and Bauxite Surge

Capesize earnings hit USD 54,800/day, the strongest in five years, driven by rising Brazilian iron‑ore and Guinean bauxite shipments.

11/09/2026
Baltic Dry Index Reverses Two-Day Gains, Drops 2.7% to Weekly Low

Baltic Dry Index Reverses Two-Day Gains, Drops 2.7% to Weekly Low

The Baltic Dry Index slipped 2.7% on Thursday, ending a two‑day rally and reaching a one‑week low of 3,521 points, driven by weaker capesize and panamax rates.

11/09/2026
Capesize Freight Hits Multi-Year High on Atlantic Surge as 2026 Orders Accelerate

Capesize Freight Hits Multi-Year High on Atlantic Surge as 2026 Orders Accelerate

Capesize rates soar to a multi‑year peak on the Tubarão–Qingdao lane as Atlantic demand intensifies and new‑building orders reach 123 vessels in 2026.

10/09/2026
Ship Recycling Markets Surge in India, Remain Steady in Turkey and Pakistan

Ship Recycling Markets Surge in India, Remain Steady in Turkey and Pakistan

India's ship‑breaking yards see renewed vigor as steel scrap tightens, while Bangladesh, Pakistan and Turkey show mixed but stable activity.

10/09/2026
Maritime Industry Faces Multi‑Front Threats From Hormuz to the Black Sea

Maritime Industry Faces Multi‑Front Threats From Hormuz to the Black Sea

Four hot‑spot regions – Hormuz, Red Sea, Somalia and Black Sea – are simultaneously endangering vessels and crews, creating an unprecedented security crisis.

10/09/2026
Angela Evangelou Credits Staff Excellence for Zorpas Bakery Success

Angela Evangelou Credits Staff Excellence for Zorpas Bakery Success

Store Manager Angela Evangelou attributes Zorpas Bakery’s sustained growth to a disciplined, customer‑focused team and continuous learning.

08/09/2026

Pull&Bear and Oysho Open First Cyprus Stores at Mall of Cyprus, Boosting Retail Freight Demand

The debut of Pull&Bear and Oysho at Mall of Cyprus introduces modern retail concepts, signalling increased import volumes and logistics activity for Cyprus.

08/09/2026
Cyprus-Based Stylino Expands Price‑Comparison Platform to Greece, Boosting E‑Commerce Shipping Flows

Cyprus-Based Stylino Expands Price‑Comparison Platform to Greece, Boosting E‑Commerce Shipping Flows

Stylino launches stylino.gr, aggregating 390,000 fashion items from 4,000 brands, reshaping Greek online apparel trade and logistics demand.

08/09/2026

Metropolis Mall Expands Retail Mix with International Brands, Boosting Cyprus Logistics

Six new international and local brands open at Larnaca's Metropolis Mall, signalling increased freight activity through Cypriot ports and inland distribution.

06/09/2026

Wolt Reports Surge in Scheduled Orders and Back‑to‑School Demand in September

Wolt sees a 34% rise in scheduled orders and a 103% jump in notebook searches as September brings back‑to‑school and post‑summer routine.

06/09/2026

Geely Auto Teams with KKS Mobility to Launch in Cyprus – A Logistics Milestone

Geely Auto signs a strategic deal with KKS Mobility, bringing the fast‑growing brand to Cyprus and reshaping vehicle imports through local ports.

06/09/2026

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