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151. US monitoring of UN Secretary-General Guterres revealed in leaked documents

Leaked Pentagon files indicate the United States was monitoring UN Secretary-General Antonio Guterres because it believed he was too soft on Russia after its invasion of Ukraine....

152. Bookings for Cyprus-Piraeus route opens tomorrow

The booking system for the Cyprus – Piraeus route will open on Tuesday for those passengers who wish to travel to Greece by sea, Shipping Deputy Minister Marina Hadjimanolis said Monday....

153. President says petty politics not behind IMO decision

Political criticism in Nicosia over not backing an ex-minister to lead a UN international shipping agency continues to dominate headlines this week, with President Nikos Christodoulides rejecting allegations that a lack of support was out of spite due to presidential election preferences...

154. Ex minister worries Nicosia dropped IMO ball out of spite

A Cypriot former minister is calling on the new government to offer an explanation as to why the Republic of Cyprus failed to seek a nomination currently being sought by foe Turkey at a UN agency responsible for regulating shipping, hinting at revenge politics and calling on his party to seek answers...

155. Nicosia clarifies position on Turkey’s bid to lead IMO

There will be no issue as regards the Republic of Cyprus' membership of the International Maritime Organization in the event that Turkey is elected as its Secretary-General, President Nikos Christodoulides said on Monday...

156. Nicosia 'UN'enthusiastic about Greco-Turkish bids

Nicosia says a new effort by Greece and Turkey to improve their relations is positive, but Greek Cypriot officials have been less excited about Athens and Ankara supporting each other’s bids in the United Nations...

157. Ministers band together to improve Cyprus ports

Ministers responsible for Transport, Shipping and Tourism visited on Thursday the new DP World Limassol passenger terminal to express their determination to work together to resolve any problems and improve services....

158. Marinas of the future with antiquated regulations

The need to modernize marina legislation was raised before the House Commerce Committee, with its chairman, Kyriakos Hatzigiannis, declaring his willingness to move forward with a legislative proposal....

159. Michael Kyprianou Advocates – Legal Consultants announces opening of office in Tel Aviv

Cyprus’ leading law firm Michael Kyprianou & Co LLC announces the opening of a new international branch in Tel Aviv, Israel, further expanding the firm’s global reach....

160. Partnership between New York Times and Kathimerini turns 25

Aristides Alafouzos, the late owner of Kathimerini, loved challenges. In 1988, a critical period for the Greek press, he bought Kathimerini, ensuring that the prestige and integrity of this historic newspaper would be preserved. ...

161. EY Cyprus a Gold Sponsor at the 6th Annual Capital Link Cyprus Shipping Forum

EY Cyprus was, once again, a gold sponsor of the 6th Annual Capital Link Cyprus Shipping Forum, which was held at the Columbia Plaza, in Limassol, on Tuesday, March 7th 2023....

162. Cyprus forum on shipping in Limassol

Capital Link is hosting the sixth annual Cyprus Shipping Forum on Tuesday, at the Columbia Plaza in Limassol...

163. Reduction of electricity costs a priority, says new Energy Minister

One of the first priorities of the new administration will be to reduce the cost of electricity, in order to help the industry and the economy reach the potential “they deserve”, new Minister of Energy, Commerce and Industry Giorgos Papanastasiou said on Wednesday....

164. The protocol for Wednesday's 'changing of the guard'

The 'changing of the guard' or in plain terms, the new President's term is scheduled to begin on March 1st when the confirmation ceremony of Nikos Christodoulides' hand-picked ministers will occur at the event hall of the presidential palace at 10 am, after which, the first cabinet meeting will take place....

165. Bank of Cyprus: 71 million in profits in 2022

Bank of Cyprus' profit for 2022 was 71 million euros, up from 30 million euros in 2021....

166. Cyprus seeks understanding on shipping woes

Cyprus is speaking to other European Union member states to shore up support for the shipping industry hit by sanctions on Russia, its shipping minister said on Friday...

167. The new Limassol-Piraeus schedule will be available soon

The new schedule for the Cyprus-Greece sea link is expected to be announced within the next week, or by early March at the latest. As "K" has been informed, ...

168. Marina Association 'surprised' by statement on Paphos marina

The development of Paphos Marina is moving forward, thanks to a Cabinet decision. This has been an issue for decades, and when the Deputy Minister of Tourism took office, he re-launched an effort to promote the project by preparing a feasibility study for its construction....

169. The new president and finance minister will face new challenges

We are only a few days away from voting for the new President of the Republic. ...

170. Royal Caribbean opens an office in Cyprus.

Royal Caribbean Group, a giant in the cruise sector, has announced the opening of an office in Cyprus within the first half of 2023. ...

171. Cavusoglu travels to US amid troubled ties

Turkey and the United States will aim to smooth out a series of disagreements between the NATO allies when the Turkish foreign minister visits Washington this week. But expectations that outstanding issues can be resolved are low....

172. Frontline’s Cyprus move fails to impress rival

Plans by a shipping tycoon to redomicile his company to Cyprus became unclear after Frontline announced a merger with a rival oil tanker operator fell through...

173. The fierce battle for second place

174. UK pledges support in Cyprus maritime sector

British High Commissioner to Cyprus, Irfan Siddiq expressed his country’s readiness to deepen its cooperation with Cyprus in the maritime and marine sectors. ...

175. Shipping tycoon wants to transfer biz to Cyprus

A Norwegian-born Cypriot billionaire wants to move his shipping company to Cyprus to reap benefits, including an EU-approved tonnage tax regime available only to tax residents of the island, which is scrambling to keep its industry afloat amid sanctions against Russia...

176. G7 price cap on Russian oil kicks in

The Group of Seven price cap on Russian seaborne oil came into force on Monday as the West tries to limit Moscow's ability to finance its war in Ukraine, but Russia has said it will not abide by the measure even if it has to cut production....

177. €76.4m profit in first 9 months of 2022 for Hellenic

Hellenic Bank announced a profit of €76.4 million for the first 9 months of 2022. According to the Group Financial Results for the nine-month period, ...

178. EU struggles with Russian oil price cap

European Union governments remained split on Thursday over what level to cap Russian oil prices at to curb Moscow’s ability to pay for its war in Ukraine without causing a global oil supply shock, with more talks possible on Friday if positions converge...

179. Apple supplier apologizes, offers $1400 payout to quell protests

Apple’s manufacturing partner Foxconn has offered payouts of Rmb10,000 ($1,400) to newly recruited staff who elect to leave the iPhone factory and vowed to honour pay agreements, in an attempt to quell unrest after workers violently clashed with police....

180. Cypriot registered ships decrease by 21% due to sanctions

A large number of tankers that previously sailed under European Union flags, such as Cyprus and Malta’s, are leaving those registers as a result of the sanctions on Russian oil transportation....