The outlook for the global shipping industry is changed to ‘stable’ from ‘positive’ for the next 12 to 18 months due to demand slightly outstripping supply, according to a Moody’s Investors Service
Louis Plc, the CSE-listed hotels-to-travel group, is setting up a new holding company with New York-based Searchlight Capital Partners, which will take over ownership of Celestyal Cruises and pump €70 mln in
After the first bid sank without trace, the Deputy Ministry for Shipping has launched a new, improved tender for reviving the ferry connection between Cyprus and Greece. According to the Ministry, the
The much-awaited Larnaca port and marina €1.2 bln redevelopment will be a landmark for Cyprus, says Kition Ocean Holdings, the consortium awarded the project, calling on stakeholders to pull together. Panos Alexandrou,
Cyprus’ Deputy Ministry of Shipping has increased the subsidy for a ferry link with Greece by €500,000 to €5.5 mln, in a bid to make the unwanted tender more attractive for operators.
Revenue from the shipmanagement sector in Cyprus showed a small increase in the first six months of 2021, reflecting the recovery in global shipping after the disruption caused by the COVID pandemic.
DP World Limassol bade farewell to Royal Caribbean cruise ship Jewel of the Seas for the last time this year, on 30 October but expect to welcome it back in 2022. On
The junior shipping ministry plans to spend 17% more next year on digital transformation and scholarships for students who seek a maritime sector career. Deputy Minister for Shipping Vassilis Demetriades told House
Limassol Marina has built a strong reputation among social media users, recently ranked in the top ten most Instagrammable marinas, along with Dubai. Comparethemarket.com, one of the UK’s leading price comparison websites,
Cyprus deputy ministry of Shipping is throwing everything at a final attempt to revive a ferry connection to Greece in 2022, despite indications of limited interest from operators. This time around, Cyprus