News & Blog

Shipping industry news, Cyprus port updates and logistics insights.

Njord Survey Wins Energean Contract for Post‑Decommissioning Seabed Surveys in North Sea

Njord Survey Wins Energean Contract for Post‑Decommissioning Seabed Surveys in North Sea

Swedish specialist Njord Survey has been appointed by Energean to conduct geophysical and environmental seabed surveys at the decommissioned Wenlock, Garrow and Kilmar gas fields.

11/11/2026
Asyad Shipping and MOL Dispose of Jointly Owned LR2 Tanker for $63.2M

Asyad Shipping and MOL Dispose of Jointly Owned LR2 Tanker for $63.2M

Oman's Asyad Shipping and Japan's Mitsui OSK Lines have sold their 2009-built LR2 product tanker Haima for OMR24.3 million, generating a joint gain of around OMR19 million.

11/11/2026
UK Offshore Energy Supply Chain Turns Abroad Amid Domestic Uncertainty

UK Offshore Energy Supply Chain Turns Abroad Amid Domestic Uncertainty

A new OEUK report shows only 35% of offshore supply firms are confident about UK prospects, while 80% look to overseas markets for growth.

11/11/2026
Vehicle Registrations Surge 8.7% Jan-Oct 2026, Implications for Cyprus Logistics

Vehicle Registrations Surge 8.7% Jan-Oct 2026, Implications for Cyprus Logistics

Cyprus recorded an 8.7% rise in total vehicle registrations Jan‑Oct 2026, reaching 48,624, highlighting growing demand for transport assets.

10/11/2026
Medochemie Celebrates 50 Years: A Legacy Built on People and Innovation

Medochemie Celebrates 50 Years: A Legacy Built on People and Innovation

Medochemie marked its 50th anniversary, honoring the people whose dedication propelled the Cypriot pharma firm to global prominence.

10/11/2026
A. Mintikkis Farm Boosts Egg Supply Chain with Automation and Quality Controls

A. Mintikkis Farm Boosts Egg Supply Chain with Automation and Quality Controls

Cyprus' A. Mintikkis Farm leverages automation and strict standards to deliver fresh, high‑quality eggs across the island despite import competition.

10/11/2026
Baltic Dry Index Rises to 2,854, Up 49 Points on Nov 9, 2026

Baltic Dry Index Rises to 2,854, Up 49 Points on Nov 9, 2026

The Baltic Dry Index climbed 49 points on Nov 9, 2026, reaching 2,854, reflecting renewed demand for bulk commodities such as coal, grain and iron ore.

10/11/2026
Eggs on the Rise: Vasilico Chicken Farm Boosts Cyprus Export Logistics

Eggs on the Rise: Vasilico Chicken Farm Boosts Cyprus Export Logistics

Cyprus’ Vasilico Chicken Farm leverages advanced tech and maritime routes to meet soaring demand for high‑quality eggs as a protein super‑food.

10/11/2026
Vassos Eliades Unveils Two Luxury Watch Boutiques at City of Dreams Mediterranean

Vassos Eliades Unveils Two Luxury Watch Boutiques at City of Dreams Mediterranean

Vassos Eliades opened VE Very Exclusive and IWC Schaffhausen boutiques in Limassol’s City of Dreams Mediterranean, showcasing top watch brands.

10/11/2026
TFG Marine Extends Caribbean Bunkering Services to Key Venezuelan Ports

TFG Marine Extends Caribbean Bunkering Services to Key Venezuelan Ports

TFG Marine, a joint venture of Trafigura, Frontline and CMB.Tech, now supplies VLSFO, LSMGO and HSFO at major Venezuelan ports through local partner Impordiesel.

09/11/2026

Alternative Fuels Gain Traction: Ammonia and Methanol Bunkering Expands Globally

Ammonia and methanol bunkering operations increased this week, with vessels in South Korea, Australia and China receiving green fuels, highlighting growing demand and infrastructure challenges.

09/11/2026
Surge in New Tanker Deliveries Threatens Freight Boom, While Second‑hand Values Remain Strong

Surge in New Tanker Deliveries Threatens Freight Boom, While Second‑hand Values Remain Strong

Analysts warn that rising tanker capacity could curb the current freight rally, even as second‑hand prices stay above new‑build levels.

09/11/2026

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