Search

1. Cyprus takes the helm at global maritime trade summit in Hong Kong

The Cyprus Shipping Chamber has taken center stage at the prestigious Hong Kong Global Maritime Trade Summit, held just ahead of Hong Kong Maritime Week from November 17 to 23. ...

2. Nobel glory for AI innovator Demis Hassabis

Demis Hassabis is not just a scientist; he is a visionary who has left an indelible mark on the field of artificial intelligence (AI) since his childhood. Recently, he was awarded......

3. Crystal balls, barbed wire, and other Cypriot delights

Christodoulides insists that we’ll soon have “some developments on the Cyprus issue.” Watch out—when we least expect it, there might just be some progress, and the President will be hailed as a visionary, maybe even earning the title of a posthumous prophet. ...

4. World’s largest solar farm approved: Australia to export energy to Singapore

Australia has approved a $13.5 billion (A$20 billion) solar project that aims to transmit energy from a massive solar farm in the country's Northern Territory to Singapore via a 4,300-kilometer (2,672-mile) undersea cable. ...

5. Wealthy flee high-tax nations for new havens like Cyprus

A significant wave of wealthy individuals is migrating from high-tax countries, a trend expected to peak this year. ...

6. Turkey expands oil and gas drilling in the Black Sea

Athens is closely monitoring Turkey’s expansion of its hydrocarbon exploration and extraction capabilities in various maritime areas. ...

7. Soaring insurance costs push global shipping rates up 233%

Global trade has faced immense pressure since last October when the war in the Near East erupted following the terrorist attack by the Palestinian group Hamas against Israel. ...

8. China recruiting Western 'top guns' to train their military

In a joint bulletin released Wednesday, the US and its closest intelligence partners raised concerns about China's intensified campaign to recruit former Western military pilots and other service members for training its own aviators....

9. The top 25 airlines soaring above the rest

Qatar Airways has reclaimed its position as the world's best airline, according to AirlineRatings.com, after briefly slipping to second place in 2023. ...

10. Vasilikos: Chinese consortium demanding an additional 200 million

The meeting between Cypriot President Nicos Christodoulides and the Chinese Ambassador in Nicosia has dimmed hopes for the completion of the Vasilikos terminal project, according to a report by Apostolos Tomaras in this Sunday's print edition of Kathimerini. ...

11. Philip Morris Cyprus opens its new flagship offices in Nicosia, advocating for a smoke-free Cyprus

Philip Morris Cyprus has set an ambitious goal to make Cyprus the first smoke-free country in Europe, as announced by the company's General Manager Mr. Stavros Dracularakos at an event celebrating the opening of its new offices in Nicosia....

12. BBC: Climate change linked to turbulence

Severe turbulence caused a Singapore Airlines flight to plunge 7,000 feet, leading to one death and injuring 79 passengers, according to a report by the BBC. ...

13. Passenger dies as Singapore Airlines flight encounters severe turbulence (pics)

A passenger died and several others were injured today when a Singapore Airlines flight from London to Singapore encountered severe turbulence, forcing an emergency landing in Thailand....

14. Climate action

Wopke Hoekstra has been the European Commissioner for Climate Action since 9 October 2023. Before assuming office in Brussels, he held various political positions in the Netherlands and worked in the private sector. ...

15. Seven weeks after bridge incident, crew still trapped on Baltimore ship

As a controlled explosion rocked the Dali on Monday, nearly two dozen sailors remained on board, below deck in the massive ship's hull....

16. Banking sector's pledge to environmental transition

Eliza has been the Executive Director of Finance since October 2019 and since October 2021 she has been an Executive Member of the Bank of Cyprus Board of Directors....

17. Baltimore turns to container owners for ship salvage funds

The owner and manager of the massive container ship that took down the Francis Scott Key Bridge last month should be held fully liable for the deadly collapse, according to court papers filed Monday on behalf of Baltimore’s mayor and city council....

18. Bridge collapse claims lives of two workers

The Francis Scott Key Bridge collapse early Tuesday resulted in the recovery of two bodies from the Patapsco River, identified as Alejandro Hernandez Fuentes......

19. Baltimore bridge collapse leaves six presumed dead

In a tragic turn of events early Tuesday morning, a bridge collapse in Baltimore Harbor has left six workers missing and presumed dead....

20. USA: Cargo ship collision collapses main Baltimore bridge (video)

The Francis Scott Key Bridge in Baltimore suffered a partial collapse early Tuesday after being struck by a large cargo ship, triggering a search for at least seven individuals in the water, officials reported....

21. Vasilikos: Fragile peace amidst delays and disputes

According to a report by Kathimerini's Apostolos Tomaras, Energy Minister George Papanastasiou's recent meeting with a top executive of China Petroleum Pipeline Engineering Co. Ltd., the parent company overseeing the Vasilikos energy projects,...

22. South Korea launches first self-sailing container ship

South Korea's strides in maritime technology are showcased with the development of a groundbreaking container ship capable of autonomous navigation, marking a significant leap forward in the industry, ...

23. Greek and Cypriot banks forge partnerships for regional infrastructure projects

The Cypriot banking sector is poised to support significant projects with regional geopolitical implications....

24. Eurobank eyes support for internet cable connecting Europe and Asia

Eurobank, initially hesitant about financing the East to Med Data Corridor (EMC) cable system, is now contemplating entering the second round of funding for the mega project....

25. 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. ...

26. Crisis looms over vital energy project in Cyprus

In a dramatic turn of events, the consortium behind Cyprus's largest energy project, the Vasilikos F.A. terminal, is sending ominous signals of a possible rupture with the Republic of Cyprus....

27. 8-year-old chess prodigy makes history defeating grandmaster

In a groundbreaking achievement, 8-year-old chess prodigy Aswath Kaushik has entered the record books as the youngest player ever to defeat a chess grandmaster. ...

28. Macan sets new standards: the first all-electric SUV from Porsche

29. Why Finland's education system is top ten tough

A recent study by MastersDegree.net has identified Finland as having one of the most demanding education systems globally, following a 9-3-3 structure....

30. Houthi strikes send prices soaring in global trade

In recent weeks, the developments in the Red Sea, with the Houthi attacks on commercial ships and their impact on global trade, have dominated the discussions of suppliers with their partners....