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/news/us-plans-first-military-airdrop-of-aid-into-gaza
U.S. President Joe Biden has announced plans for the first military airdrop of food and supplies into Gaza following the recent deaths of Palestinians waiting for aid.
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https://knews.kathimerini.com.cy/en/news/eu-mulls-tax-breaks-for-islands-nations-on-aviation-fuel
European Union nations are in talks to grant exemptions for a proposed EU-wide tax on aviation fuel, particularly favoring islands. A draft document from Belgium,...
https://knews.kathimerini.com.cy/en/business/greece-tops-yachting-visits-yet-revenue-struggles
In the last three years, Greece has become the country with the largest number of yachts (commercial and private) visiting, surpassing traditional leaders in the sector such as France and Italy....
https://knews.kathimerini.com.cy/en/comment/opinion/europe-s-sleepless-nights-over-egypt-s-crisis
Ask almost any European official specializing in security matters what keeps them up at night, and they’ll probably answer ''Egypt.'' ...
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/business/safe-bulkers-inc-launches-deck-officer-training-scholarship-program
In a bid to foster interest in maritime professions among young individuals and align with environmental, social, and corporate governance goals, Polly Hatzioannou's company, SAFE BULKERS Inc., has announced the initiation of the Deck Officer Training Scholarship program....
https://knews.kathimerini.com.cy/en/business/new-award-recognizes-leaders-advancing-gender-equality-in-maritime-sector
The Council of Ministers, responding to a proposal by Deputy Minister of Shipping Marina Hadjimanolis, established an award today to recognize industry executives whose actions fortify efforts to advance gender equality within the shipping sector. ...
https://knews.kathimerini.com.cy/en/business/hapag-lloyd-takes-green-stride-by-recycling-mississauga-express
According to a report by Andreas Karamitis, published in Kathimerini's Sunday edition, one of the major shipping companies, Hapag-Lloyd, has announced the recycling of its merchant ship, the ''Mississauga Express,''...
https://knews.kathimerini.com.cy/en/business/ey-cyprus-welcomes-two-new-partners-to-power-growth
EY Cyprus is pleased to announce that its leadership team has been strengthened with the addition of two new partners....
https://knews.kathimerini.com.cy/en/news/cyprus-adapts-to-changing-seas
In response to European sanctions on Russian shipping companies based in Cyprus and developments in the Mediterranean and the Red Sea, Cyprus is actively seeking to attract new companies from different markets....
https://knews.kathimerini.com.cy/en/business/safebulkers-inc-boosts-cypriot-fleet-with-modern-ships
In a strategic move to fortify the Cypriot flag, Safebulkers Inc., a prominent shipping company, has added two state-of-the-art vessels to its fleet....
https://knews.kathimerini.com.cy/en/news/cyprus-takes-the-helm-in-pioneering-anchored-ship-electricity-revolution
In a pioneering initiative set to transform offshore electricity for anchored ships, Cyprus is taking a leading role in the European BlueBARGE project. ...
https://knews.kathimerini.com.cy/en/news/fatal-shooting-at-greek-shipping-company-leaves-four-dead
Four people died during a shooting incident at a Greek shipping company in the southern Athens suburb of Glyfada on Monday, according to reports....
https://knews.kathimerini.com.cy/en/news/global-academics-rally-against-india-s-great-nicobar-development-project
In a fervent plea echoing concerns of humanitarian and environmental repercussions, academics worldwide have implored India to halt a monumental development initiative on Great Nicobar Island....
https://knews.kathimerini.com.cy/en/news/investigation-urged-as-state-contracts-lead-to-€6-4m-payout
In a recent address, Deputy Dipa Alekos Tryfonidis called attention to questionable agreements, urging an investigation into the responsible parties behind a contract resulting in a hefty 6.4 million euros compensation payout....
https://knews.kathimerini.com.cy/en/news/cyprus-establishes-committee-to-combat-coastal-marine-pollution
The Council of Ministers has greenlit the creation of a committee dedicated to tackling marine pollution along the coasts of Cyprus. Tasked with decision-making on response measures and pollution prevention, the committee aims to enhance coordination among relevant authorities for effective solutions....
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/coast-guard-finds-dog-trapped-in-shipping-container
In a heartwarming turn of events, a routine inspection at the Port of Houston led to the rescue of a dog trapped inside a shipping container for at least eight days, without food or water.
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https://knews.kathimerini.com.cy/en/news/shipping-chamber-renews-deputy-director-s-international-maritime-role
The Cyprus Shipping Chamber welcomes the re-appointment of its Deputy Director General, Alexandros Josephides, as “International Maritime Organisation (IMO) Goodwill Maritime Ambassador” for Cyprus, for the period 2024-2025.
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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/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/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/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....
