News & Blog

Shipping industry news, Cyprus port updates and logistics insights.

Zhonggu Shipping Expands Fleet with Two 14,000‑TEU Containerships from Hudong‑Zhonghua

Zhonggu Shipping Expands Fleet with Two 14,000‑TEU Containerships from Hudong‑Zhonghua

Zhonggu Shipping Group orders two 14,000‑TEU vessels from Hudong‑Zhonghua, marking a shift to ultra‑large boxships amid a broader new‑building programme.

15/10/2026
Mall Gift Card: The Ideal Corporate Gift for the Holiday Season

Mall Gift Card: The Ideal Corporate Gift for the Holiday Season

The Mall Gift Card, accepted at over 70 stores in Mall of Cyprus and Mall of Engomi, offers a flexible, convenient corporate gifting solution this holiday season.

15/10/2026
Consumer Product Price Gaps on Cyprus’ e‑Kalathi Platform Prompt Review, Highlights Logistics Challenges

Consumer Product Price Gaps on Cyprus’ e‑Kalathi Platform Prompt Review, Highlights Logistics Challenges

Cyprus’ Consumer Association urges a review of 1,000 new items on e‑Kalathi, citing 26% lower prices in traditional markets and wide price variances across hyper‑markets.

15/10/2026
Cyprus Showcases Halloumi, Wine & Komondaria at Kavala Expo 2026

Cyprus Showcases Halloumi, Wine & Komondaria at Kavala Expo 2026

Cyprus highlighted its flagship Halloumi PDO, wines and Komondaria at Kavala Expo 2026, strengthening trade ties with Northern Greece.

14/10/2026
Cyprus Agriculture Ministry Prioritises Halloumi Exports and PDO Protection

Cyprus Agriculture Ministry Prioritises Halloumi Exports and PDO Protection

The Ministry stresses uninterrupted €350 m annual halloumi exports and strict PDO safeguards as top priorities, unveiling new support measures for producers.

14/10/2026
Pipis Farm Plans 190,000‑Seat Intensive Poultry Complex in Ergates, Nicosia

Pipis Farm Plans 190,000‑Seat Intensive Poultry Complex in Ergates, Nicosia

Pipis Farm has secured a building permit for a 190,000‑seat intensive poultry unit in Ergates, Nicosia, after a positive environmental assessment.

14/10/2026
Ship‑breaking slump hits record low, fleet ages rapidly as owners delay scrapping

Ship‑breaking slump hits record low, fleet ages rapidly as owners delay scrapping

Ship recycling hits its deepest decline in 50 years, pushing the global fleet’s average age to unprecedented levels.

13/10/2026
Chinese Buyers Accelerate Capesize Acquisitions Amid Strong Iron Ore Market

Chinese Buyers Accelerate Capesize Acquisitions Amid Strong Iron Ore Market

Chinese firms have secured two capesize vessels this month, paying $35 m and $40 m, reflecting heightened demand as iron‑ore rates rise.

13/10/2026

MISC Secures Five Additional LNG Carriers for Petronas on 20‑Year Charters

Malaysian shipowner MISC adds five new LNG carriers to its orderbook, with delivery slated for 2029‑2030, under long‑term charters from Petronas.

13/10/2026
Why Container Lines Are Rushing Back to the Suez Canal Despite Rising Risks

Why Container Lines Are Rushing Back to the Suez Canal Despite Rising Risks

Container carriers see only a $1 million saving per round‑trip via Suez, yet war‑risk premiums and security concerns make the choice far from simple.

12/10/2026
Turkey’s Crude Oil Export Surge Reignites Mediterranean Tanker Market

Turkey’s Crude Oil Export Surge Reignites Mediterranean Tanker Market

Turkey’s crude exports jumped 31% YoY in Jan‑Sep 2026, driven by Azeri BTC and Iraqi Kirkuk grades, reshaping global tanker flows.

12/10/2026
UK and Japan Impose Vessel‑Specific Sanctions on Russia’s Largest Shipping Group

UK and Japan Impose Vessel‑Specific Sanctions on Russia’s Largest Shipping Group

London and Tokyo target individual Sovcomflot tankers and LNG carriers, expanding sanctions before the ships even begin regular trading.

12/10/2026

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