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.
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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...
https://knews.kathimerini.com.cy/en/news/first-lng-tanker-from-us-arrives-in-germany
The first regular shipment of liquefied natural gas from the United States arrived in Germany on Tuesday, part of a wide-reaching effort to help the country replace energy supplies it previously received from Russia....
https://knews.kathimerini.com.cy/en/news/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...
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/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...
https://knews.kathimerini.com.cy/en/business/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....
https://knews.kathimerini.com.cy/en/news/eu-plans-to-cap-gas-prices-risking-cutoff-from-russia
The European Union proposed a price cap on Russian gas on Wednesday hours after President Vladimir Putin threatened to halt all supplies if they took such a step, raising the risk of rationing in some of the world’s richest countries this winter....
https://knews.kathimerini.com.cy/en/news/greek-court-overturns-seizure-of-iran-tanker-s-oil
A court in central Greece has overturned a ruling that authorized the confiscation of crude oil from an Iranian-flagged tanker at the center of a volatile dispute over international sanctions...
https://knews.kathimerini.com.cy/en/news/nicosia-on-the-defense-over-ill-timed-israeli-drill
Cypriot diplomats were on the defensive this week after a joint military exercise with Israel sent jitters in the region, with Nicosia finding itself in a predicament with Tehran and Beirut as well as usual suspect Turkey...
https://knews.kathimerini.com.cy/en/news/efforts-continue-for-the-release-of-the-cypriot-captain-on-one-of-the-seized-ships
Cyprus' Ministry of Foreign Affairs is continuing its diplomatic efforts for the release of a Cypriot captain, a member of the crew of one of two Greek oil tankers recently seized by Iran's Revolutionary Guards in the Gulf.
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https://knews.kathimerini.com.cy/en/news/iran-seizes-two-greek-tankers-as-tensions-rise
Iranian forces seized two Greek tankers in the Gulf on Friday, shortly after Tehran warned it would take "punitive action" against Athens over the confiscation of Iranian oil by the United States from a tanker held off the Greek coast...
https://knews.kathimerini.com.cy/en/news/i-am-target-number-one-zelensky-says-russian-special-forces-kill-squads-are-inside-kyiv-video
Ukraine's president has admitted that he is 'target number one' for Russian assassins in his capital but insisted that he remained in Kyiv as he urged his fellow citizens to remain strong.
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https://knews.kathimerini.com.cy/en/news/fuel-crisis-deepens-in-the-uk
The Association of Oil Retailers warned on Sunday night that now 50% to 85% of service stations in the UK (excluding motorways and supermarkets) have run out of fuel....
https://knews.kathimerini.com.cy/en/news/uk-citizens-rush-to-fill-up-amid-shortages
The British government on Thursday night urged citizens not to panic over the closure of dozens of gas stations across the country, which was due to the significant shortage of drivers of tankers, trucks and other heavy goods vehicles....
https://knews.kathimerini.com.cy/en/news/cyprus-jails-captain-for-docking-in-the-north
The captain of a Ukraine-bound oil tanker was sentenced to prison on Tuesday in the Republic of Cyprus, two days after he was arrested in the south for docking his ship in the north last year...