News & Blog

Shipping industry news, Cyprus port updates and logistics insights.

Baltic Dry Index Drops to 2,590 Points, Down 58 – Market Trends Update

Baltic Dry Index Drops to 2,590 Points, Down 58 – Market Trends Update

The Baltic Dry Index fell 58 points on 3 Nov 2026, settling at 2,590, reflecting recent shifts in dry bulk freight rates.

04/11/2026
Halloumi Production Quota Remains Unchanged: Implications for Cyprus Export Logistics

Halloumi Production Quota Remains Unchanged: Implications for Cyprus Export Logistics

Cyprus confirms the 51% goat‑milk Halloumi quota stays until 2029, prompting livestock groups to challenge proposed changes and highlighting future export logistics.

04/11/2026
Mandatory Wine and Flour Stock Declaration Due by Dec 10, 2026 – Implications for Cyprus Exporters

Mandatory Wine and Flour Stock Declaration Due by Dec 10, 2026 – Implications for Cyprus Exporters

Cyprus producers, processors and traders must submit the Wine and Flour Stock Declaration via gov.cy by 10 December 2026, with penalties for non‑compliance.

04/11/2026
PepsiCo Appoints Vassos Eliades as Sole Snack Distributor in Cyprus from Feb 2027

PepsiCo Appoints Vassos Eliades as Sole Snack Distributor in Cyprus from Feb 2027

PepsiCo shifts its Cyprus snack distribution model, naming Vassos Eliades as exclusive distributor for brands like Lay’s, Doritos and Cheetos from 1 Feb 2027.

03/11/2026
Frou‑Frou Appoints Andri Panteli as New Finance Director, Executive Advisor Resigns

Frou‑Frou Appoints Andri Panteli as New Finance Director, Executive Advisor Resigns

Frou‑Frou Biscuits announces Andri Panteli as Finance Director effective 1 Nov, while Executive Advisor Ariadne Samuel steps down on 31 Oct.

03/11/2026
Retail Trade Turnover Climbs 10.4% in Value, 7.7% in Volume in September 2026

Retail Trade Turnover Climbs 10.4% in Value, 7.7% in Volume in September 2026

Cyprus' retail sector recorded a 10.4% rise in value and 7.7% increase in volume in September, signalling robust consumer demand.

03/11/2026
Soaring Tanker Freight Burdens Oil Majors with Billions in Shipping Liabilities

Soaring Tanker Freight Burdens Oil Majors with Billions in Shipping Liabilities

Record tanker rates have added $5.4bn to Shell’s lease liabilities and pressured margins across major oil producers.

02/11/2026
Global Dockworkers Strike 113 Ports, Disrupting Up to 40% of Mediterranean Cargo

Global Dockworkers Strike 113 Ports, Disrupting Up to 40% of Mediterranean Cargo

More than 25 unions staged 24‑hour walkouts at 113 ports in 22 nations, risking delays for up to 40 000 containers and 40% of Mediterranean traffic.

02/11/2026
Apple’s Q4 Revenue Outlook Raises Stakes for Global Container Shipping

Apple’s Q4 Revenue Outlook Raises Stakes for Global Container Shipping

Apple targets $113 bn Q4 revenue, a potential catalyst for container demand and freight rates across trans‑Pacific routes.

02/11/2026
ipH Iakovos Photiades Appoints Vasilis Masouras as Group CFO

ipH Iakovos Photiades Appoints Vasilis Masouras as Group CFO

ipH Iakovos Photiades Group names Vasilis Masouras, a Cambridge‑educated FCA, as Group CFO effective Oct 12, 2026, to steer financial strategy and growth.

01/11/2026
Nikiforou Eggs: Scaling to 120,000 Daily Units with Cutting‑Edge Automation

Nikiforou Eggs: Scaling to 120,000 Daily Units with Cutting‑Edge Automation

From a modest 800‑egg day to over 120,000, Nikiforou Eggs leverages modern tech and logistics to dominate Cyprus' egg market.

01/11/2026

Paradeisiotis Produces Over 3 Million Chickens Annually, Supplies 1,000+ Outlets

Cyprus’ Paradeisiotis farms, processes and distributes more than 3 million chickens a year, reaching over 1,000 retail and HoReCa points.

01/11/2026

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