https://knews.kathimerini.com.cy/en/comment/opinion/the-global-economy-is-facing-severe-turbulence
The Strait of Hormuz is the only maritime passage into the Persian Gulf. The de facto disruption of normal shipping through the Strait of Hormuz caused demand to fall by 80 percent, left oil tankers idle, and forced a halt to oil production because storage capacity is limited. ...
https://knews.kathimerini.com.cy/en/news/burned-russian-lng-tanker-drifts-toward-malta-after-mediterranean-explosions
A heavily damaged Russian liquefied natural gas tanker has been drifting in the Mediterranean and is approaching waters near Malta, raising environmental and security concerns among regional authorities....
https://knews.kathimerini.com.cy/en/news/missile-strike-hits-greek-flagged-tanker-near-novorossiysk
A Greek-flagged oil tanker carrying 24 crew members, including 10 Greek sailors, was struck early Saturday near the Russian port of Novorossiysk in the Black Sea, according to Greece’s shipping authorities. Despite the incident, officials say all crew members are safe and unharmed....
https://knews.kathimerini.com.cy/en/news/iea-releases-record-oil-reserves-but-cyprus-may-still-face-rising-fuel-prices
A record release of emergency oil reserves by the International Energy Agency (IEA) is meant to calm global markets shaken by Middle East tensions, but experts warn the move may not be enough to prevent higher fuel prices in Cyprus....
https://knews.kathimerini.com.cy/en/business/shipping-costs-surge-as-iran-war-sparks-new-global-price-shock
The war in Iran and the broader geopolitical turmoil it has triggered are fueling a new and sharp surge in global shipping costs. ...
https://knews.kathimerini.com.cy/en/news/panic-buying-hits-supermarkets-as-middle-east-tensions-continue
Panic buying swept through Cyprus’ retail market at the start of the week, as anxious consumers rushed to supermarkets amid growing tensions in the Middle East and reports of attacks near the British bases at RAF Akrotiri....
https://knews.kathimerini.com.cy/en/news/strait-of-hormuz-crisis-leaves-35-000-sailors-and-cruise-passengers-stranded-in-gulf
About 20,000 merchant sailors and roughly 15,000 cruise passengers are currently unable to leave the Arabian Gulf as tensions between the United States and Iran threaten maritime traffic through the Strait of Hormuz, according to the United Nations’ shipping agency....
https://knews.kathimerini.com.cy/en/business/european-gas-prices-jump-nearly-50-as-qatar-halts-lng-production
European natural gas prices soared Monday, with benchmark rates jumping as much as 45%, after Qatar announced a halt to liquefied natural gas production at its giant North Field plant amid escalating conflict in the Middle East....
https://knews.kathimerini.com.cy/en/news/u-s-seizes-russian-oil-tanker-video
The United States is turning up the heat abroad and doing it on two very different fronts at the same time....
https://knews.kathimerini.com.cy/en/news/us-claims-capture-of-venezuela-s-president-after-large-scale-strikes-on-caracas
The United States has carried out what President Donald Trump described as a “large-scale strike” on Venezuela, claiming that US forces have captured Venezuelan President Nicolás Maduro and his wife, Cilia Flores, and flown them out of the country....
https://knews.kathimerini.com.cy/en/news/russia-strikes-ukrainian-ports-damaging-three-turkish-owned-ships
Russia launched attacks on two Ukrainian ports on Friday, hitting three vessels owned by Turkish companies, including a ship transporting food supplies, according to Ukrainian officials and one of the ship owners....
https://knews.kathimerini.com.cy/en/news/iran-seizes-cyprus-linked-oil-tanker-in-gulf-of-oman
Members of Iran’s Revolutionary Guards reportedly took control of the oil tanker Talara, owned by a Cyprus-based company, and are steering it toward an Iranian port, according to Reuters and British maritime security sources....
https://knews.kathimerini.com.cy/en/life/emak-commander-i-had-nightmares-after-the-limassol-wildfires
This interview is part of the series “Six Shocking Firefighter Testimonies.” Through their stories, readers gain insight into the risks, emotions, and human side of firefighting....
https://knews.kathimerini.com.cy/en/news/rotterdam-port-prepares-for-nato-shipments-as-europe-anticipates-potential-conflict-with-russia
As NATO braces for the possibility of a large-scale war with Russia within the next five years, Europe’s largest port is transforming itself into a strategic military logistics hub....
https://knews.kathimerini.com.cy/en/business/the-resident-billionaires-behind-cyprus-rise-as-a-global-business-hub
Cyprus has quietly become a magnet for some of the world's wealthiest individuals, transforming the island into a hub for global business and investment. ...
https://knews.kathimerini.com.cy/en/news/major-oil-spill-in-black-sea-after-two-russian-tankers-wreck
Two Russian oil tankers have sustained severe damage in the Black Sea, leading to an oil spill, according to Russian authorities....
https://knews.kathimerini.com.cy/en/news/over-100-us-troops-deployed-to-israel-as-war-in-gaza-escalates
The United States is deploying one of its most advanced missile defense systems, along with approximately 100 troops, to Israel, deepening its involvement in the escalating conflict in the Middle East ahead of an expected Israeli offensive on Iran, according to U.S. media reports.
...
https://knews.kathimerini.com.cy/en/news/philippine-tanker-sinks-spilling-1-500-tons-of-fuel
A marine tanker carrying industrial fuel sank in rough seas off the Philippines on Thursday, causing a large oil spill as coast guard rescuers searched for a missing crew member, officials said....
https://knews.kathimerini.com.cy/en/news/how-russian-lng-still-powers-europe-despite-sanctions
The Yakov Gakkel LNG tanker plays a crucial role in maintaining Europe's gas supply, transporting liquefied natural gas (LNG) from Siberia to European terminals....
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/greek-shipowner-seeks-us-help-over-seized-tanker-amid-rising-tensions
Empire Navigation Inc., the Greek shipowner of an oil tanker seized by Iran, said it sought any help from the US government in regaining control of its vessel in a US court filing on Thursday....
https://knews.kathimerini.com.cy/en/news/1-iranian-navy-confirms-seizure-of-greek-owned-tanker-in-gulf-of-oman
Iran's navy has claimed responsibility for the seizure of the Marshall Islands-flagged tanker St Nikolas in the Gulf of Oman, as reported by Iranian media. ...
https://knews.kathimerini.com.cy/en/news/greek-tanker-hijacked-in-persian-gulf-heads-towards-iranian-port
In a concerning development, shipping sources and the British Maritime Safety and Security Office (UKMTO) report the hijacking of a ship of Greek interests in the Persian Gulf, ...
https://knews.kathimerini.com.cy/en/business/aging-global-shipping-fleet-raises-environmental-concerns
The global shipping fleet has reached its oldest average age in nearly 15 years, a concerning trend as the industry faces mounting pressure to adopt greener practices....
https://knews.kathimerini.com.cy/en/news/1-half-of-container-ships-avoid-red-sea-due-to-attacks
In a dramatic response to mounting security threats, half of the container ships navigating the Red Sea and the Suez Canal are steering clear of the danger zone....
https://knews.kathimerini.com.cy/en/news/greece-and-cyprus-key-to-evacuation-plans-for-us-citizens-in-israel
Key to the emergency plans devised by the United States and other Western nations for evacuating their citizens from Israel are Greece and Cyprus. ...
https://knews.kathimerini.com.cy/en/news/us-military-deploys-aircraft-to-greece-for-evacuation-contingency
The readiness to activate contingency plans for the evacuation of US nationals from Israel and Lebanon is the primary reason that a large number of US military transport aircraft have been transferred to Crete Air Base at Souda Bay in recent days....
https://knews.kathimerini.com.cy/en/news/another-greek-tanker-embroiled-in-us-iran-oil-wars
A Greek-owned oil tanker sailed out of trouble on Wednesday when a US missile destroyer responded to an incident with the Iranian Navy, as Tehran still has an axe to grind with Athens over oil seizures based on American sanctions...
https://knews.kathimerini.com.cy/en/news/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...
https://knews.kathimerini.com.cy/en/news/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...
