News & Blog

Shipping industry news, Cyprus port updates and logistics insights.

Shipping Supercycle 2024‑26: Record Earnings Amid Uncertainty and Geopolitical Turmoil

Shipping Supercycle 2024‑26: Record Earnings Amid Uncertainty and Geopolitical Turmoil

Shipping’s cash flow hit $3.1 trn since 2021, but today’s super‑cycle is driven by geopolitical shocks, not the steady growth of the past.

18/09/2026
Cyprus Launches Webinar on New Greenwashing Laws to Boost Consumer Protection

Cyprus Launches Webinar on New Greenwashing Laws to Boost Consumer Protection

KEBE, the Consumer Protection Service and PASYLE host a virtual forum on Oct 13 to explain the 2026 amendment targeting deceptive environmental claims.

18/09/2026
Cyprus Consumers Association Finds No Sharp Competition Among Hypermarkets on e‑Kalathi

Cyprus Consumers Association Finds No Sharp Competition Among Hypermarkets on e‑Kalathi

A recent study shows significant price gaps across products on Cyprus' e‑Kalathi platform, but no aggressive price wars among hypermarkets.

18/09/2026

Pan‑Cyprian Supermarket Association Marks 20 Years of Boosting Supply Chains and Consumer Welfare

The PASYPE celebrates two decades of driving reliable food supply, competition and sustainable growth in Cyprus’ retail sector.

17/09/2026

Beauty Fest 2026 Boosts Cargo Activity at Limassol Port as Over 25 International Brands Arrive

The second‑annual Beauty Fest draws 25+ global cosmetics brands to Limassol, generating a surge in container traffic and ancillary services at the port.

17/09/2026
EU Introduces Handling Fee for E‑Commerce Parcels from Third Countries – Deadline November 1 2026

EU Introduces Handling Fee for E‑Commerce Parcels from Third Countries – Deadline November 1 2026

From 1 Nov 2026 EU members must collect a new customs handling fee on every online purchase shipped directly from non‑EU sellers to consumers.

17/09/2026
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

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