https://knews.kathimerini.com.cy/en/news/maritime-industry-adapts-to-rising-security-challenges
In response to growing instability in various global regions, the maritime industry is witnessing a surge in demand for specialized security services....
https://knews.kathimerini.com.cy/en/news/iran-israel-tensions-economists-warn-of-global-market-turbulence
As tensions simmer between Israel and Iran following recent Iranian attacks, economists are closely monitoring the potential implications for global markets....
https://knews.kathimerini.com.cy/en/news/filipino-seafarers-return-home-after-surviving-yemen-missile-attack
Eleven Filipino seafarers finally reached the shores of the Philippines on Tuesday, nearly a week after enduring a harrowing missile attack by Houthi rebels off the coast of Yemen....
https://knews.kathimerini.com.cy/en/business/the-ripple-effect-of-houthi-attacks-on-cyprus-maritime-industry
From super yachts to shipping giants, the Houthi insurgency's impact and sparking a call for global unity.
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https://knews.kathimerini.com.cy/en/news/cypriot-crew-escapes-houthi-attack-unscathed
Deputy Minister of Shipping Marina Hadjimanolis told CNA that based on the information so far, it seems there are not any Cypriots on the cargo ship True Confidence, which was hit by a missile in the Red Sea....
https://knews.kathimerini.com.cy/en/business/the-€623-million-windfall-from-cyprus-shipping-industry
Kathimerini reporter Andreas Karamitas dives into the heartbeat of Cyprus' economy - the shipping industry. In a revealing exploration, discover how this vital sector pumped a staggering €623 million into the real economy solely through ship management in 2023. ...
https://knews.kathimerini.com.cy/en/business/cyprus-plays-key-role-in-eu-s-operation-aspides
In response to increased threats from the Houthi terrorist group, the European Union has approved the initiation of Operation ASPIDES, aiming to bolster security and freedom for European shipping in the Red Sea. ...
https://knews.kathimerini.com.cy/en/news/houthi-rebels-target-us-owned-ship-in-yemen-waters
Houthi fighters have launched an attack on a ship they identified as United States-owned, sailing in Yemeni waters. The Iran-linked group stated that the vessel, Star Iris, was hit by "a number of suitable naval missiles" in precise strikes....
https://knews.kathimerini.com.cy/en/news/us-ambassador-cyprus-vital-for-regional-stability
In an era defined by conflict and rapidly changing geopolitical landscapes we see just how crucial Cyprus’ role is as a secure pillar of stability in the Eastern Mediterranean region, US Ambassador Julie Fisher said Thursday, addressing an event at the University of Cyprus....
https://knews.kathimerini.com.cy/en/news/1-cyprus-grapples-with-impending-price-increases-in-appliances
Another category of products faces potential price hikes, with household appliances such as refrigerators, washing machines, and televisions expected to experience increases in the near future. ...
https://knews.kathimerini.com.cy/en/news/consumer-alerts-raised-over-potential-fuel-price-hikes
Konstantinos Karagiorgis, Director of the Consumer Protection Service, emphasized the importance of factual justification for price increases during an interview with CNA....
https://knews.kathimerini.com.cy/en/news/t-c-s-want-incentives-from-g-c-s-to-return-to-talks
''I personally think there is flexibility in the positions expressed by the Turkish side" says British High Commissioner Irfan Siddiq, explaining that "they want to have the right to talk about a separate state...''...
https://knews.kathimerini.com.cy/en/news/houthi-threats-target-red-sea-internet-backbone
Telecom companies affiliated with the UN-recognized Yemeni government expressed concerns on Sunday over potential sabotage plans by Houthi rebels targeting a network of submarine cables in the Red Sea....
https://knews.kathimerini.com.cy/en/news/who-battles-access-issues-in-gaza-hospitals-amidst-conflict
In the ongoing Israel-Hamas conflict and escalating tensions in the Middle East, recent developments have heightened concerns over regional stability and maritime security....
https://knews.kathimerini.com.cy/en/news/iran-backed-attack-claims-lives-of-three-us-service-members
In a tragic development, three U.S. service members lost their lives, with at least 34 others wounded, in a devastating drone attack orchestrated by Iran-backed militants on U.S. troops stationed in northeastern Jordan, close to the Syrian border....
https://knews.kathimerini.com.cy/en/news/us-nsc-chief-joins-cyprus-israel-talks-on-maritime-assistance
Curtis Ried, the Chief of Staff for the U.S. National Security Council (NSC) joined the Republic of Cyprus and Israeli officials "for productive discussions on Cyprus’s maritime assistance corridor concept"....
https://knews.kathimerini.com.cy/en/news/china-threatens-to-sever-business-ties-with-iran-over-ship-attacks
Recent diplomatic talks between Chinese and Iranian officials have brought to light China's pressing concern over Houthi attacks on ships in the Red Sea, allegedly backed by Iran....
https://knews.kathimerini.com.cy/en/news/cyprus-ports-report-20-drop-in-cargo-blamed-on-suez-canal-crisis
The recent events concerning the crisis in the Gulf of Aden and the Suez Canal have resulted in losses for the Republic of Cyprus of around 20%, said the President of the Cyprus Ports Authority, Dr. Antonis Stylianou....
https://knews.kathimerini.com.cy/en/news/are-british-american-airstrikes-walking-into-a-strategic-snare
In the latest move against Houthi rebel forces in Yemen, British and American airstrikes aim to neutralize a threat to international shipping in the Red Sea....
https://knews.kathimerini.com.cy/en/news/us-and-uk-launch-fresh-strikes-against-houthi
The United States and the United Kingdom, along with their allies, launched the eighth round of strikes against Houthi targets in Yemen on Monday, according to a joint statement. ...
https://knews.kathimerini.com.cy/en/news/british-high-commissioner-affirms-legality-of-military-bases-usage-in-cyprus
The British High Commissioner in Cyprus, Irfan Siddiq, emphasized that the utilization of the British military bases in Cyprus is in accordance with international law and the commitments made to the Republic of Cyprus....
https://knews.kathimerini.com.cy/en/news/cyprus-backs-un-resolution-condemning-houthi-attacks-on-red-sea-shipping
The Cypriot registry seems to remain unaffected for the time being by the latest developments in the Red Sea......
https://knews.kathimerini.com.cy/en/business/the-plague-of-the-cyprus-port-industry
Cyprus holds a pivotal role as a major trading hub and a crucial maritime center, leveraging its strategic geographical position and island status to foster maritime transport development. ...
https://knews.kathimerini.com.cy/en/business/japanese-shipping-giants-halt-red-sea-routes-amid-rising-security-concerns
In a significant development, Japan's three major shipping companies, Nippon Yusen, Kawasaki Kisen Kaisha, and Mitsui O.S.K Lines, have suspended navigation through the Red Sea due to ongoing Houthi rebel attacks on vessels....
https://knews.kathimerini.com.cy/en/news/makis-keravnos-voices-concerns-over-geopolitical-developments
The global supply chain disruption and its economic impact on Europe and the world have raised concerns among Europeans....
https://knews.kathimerini.com.cy/en/comment/opinion/can-cyprus-withstand-yet-another-crisis
The recent Houthi attacks on commercial vessels navigating the Red Sea have triggered another disturbance in the intricate web of the global supply chain...
https://knews.kathimerini.com.cy/en/news/how-the-consumer-pocket-faces-a-perfect-economic-storm
The uncertainty and the intense upheavals in the global supply chain continue....
https://knews.kathimerini.com.cy/en/business/antoniou-expect-price-hikes-in-consumer-goods-by-month-s-end
In a recent interview with Diaspora News, Marios Antoniou, the General Secretary of the Pancyprian Retail Trade Association, delved into the challenges emerging from the Red Sea crisis....
https://knews.kathimerini.com.cy/en/news/shell-halts-red-sea-route-amidst-houthi-threats
In a significant move responding to heightened security risks, oil giant Shell has officially opted to suspend the utilization of the Red Sea Route for cargo transport, a decision unveiled through the Wall Street Journal....
https://knews.kathimerini.com.cy/en/news/houthi-rebels-launch-anti-ship-missile-at-us-destroyer-in-red-sea
Yemen's Houthi rebels fired an anti-ship cruise missile at the USS Laboon, an American destroyer in the Red Sea. The missile was shot down by a U.S. fighter jet in the latest attack unsettling global shipping....
