News & Blog

Shipping industry news, Cyprus port updates and logistics insights.

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
War in Hormuz, Quantum Navigation & SMM Highlights Shape Shipping Outlook

War in Hormuz, Quantum Navigation & SMM Highlights Shape Shipping Outlook

Amid escalating tanker clashes in the Strait of Hormuz, the SMM exhibition unveiled quantum navigation and new bunker standards, while industry leaders debate a potential new super‑cycle.

05/09/2026
Diana Shipping Reduces Genco Stake Below 10% After Failed Takeover

Diana Shipping Reduces Genco Stake Below 10% After Failed Takeover

Diana Shipping has sold another 275,000 Genco shares, bringing its holding to 9.5% and marking the fourth sell‑down since abandoning a takeover bid.

05/09/2026
Minerva Marine Sells Two 20‑Year‑Old Ice‑Classed Tankers to Chinese Buyers

Minerva Marine Sells Two 20‑Year‑Old Ice‑Classed Tankers to Chinese Buyers

Greek shipowner Minerva Marine has sold its 114,850‑dwt Aframax and 50,922‑dwt MR tankers, both ice class 1A, to Chinese investors for over $56 million.

05/09/2026

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