maritime Archives - Page 5 of 8

World shipping outlook remains negative as earnings forecasts to fall 16-18%, says Moody’s

The outlook for the global shipping sector for the coming 12 to 18 months remains negative, Moody’s Investors Service said in a new report, with the outlook remaining negative since the coronavirus

8th July 2020

International/Maritime/World

EPP calls for 50% cut in shipping CO2 emissions by 2030, if conditions met

The European People’s Party, the largest political group in the Euro parliament, is calling for a 50% cut in shipping emissions by integrating them into the existing EU Emissions Trading System (ETS),

7th July 2020

Economy/Europe/Maritime

Greece, Italy sign deal on maritime zones

Greece and Italy signed an agreement on defining their maritime boundaries during a visit by Italy’s foreign minister to Athens on Tuesday. The deal follows months of tensions in the Eastern Mediterranean

9th June 2020

Energy/World

Cyprus protests to UN over Turkey’s maritime carve-up

In two letters sent to UN Secretary-General Antonio Guterres, Cyprus condemns Turkey’s unlawful maritime claims and new illegal drilling operations in its exclusive economic zone and continental shelf. A letter dated 24

7th May 2020

Energy/World

Cyprus ship management sees ‘record’ revenues in 2H 2019

Revenues from Cyprus ship-management companies, by far the biggest money earner for the maritime cluster, reached an all-time high of €581 mln in the second half of 2019, up €58 mln from

22nd April 2020

Maritime

COVID19: Celestyal extends cruise suspension to June 29

Celestyal Cruises announced that it is to extend the suspension of its sailings until June 29 due to the ongoing coronavirus pandemic, with the first cruise on that date being the four-night

16th April 2020

Business/Economy/Maritime

Shipping industry outlook changed to ‘negative’ as coronavirus threatens earnings – Moody’s

The outlook for the global shipping industry has changed to ‘negative’ from ‘stable’ in the wake of the coronavirus outbreak, Moody’s Investors Service said in a new report. The change to a

20th March 2020

Maritime/World

COVID19: Limassol port operating as normal

All trade-related activities at Limassol port are being carried out as normal while taking measures against coronavirus, the port’s operator DP World Limassol said. In a statement CEO DP World Limassol, Nawaf

19th March 2020

Maritime

A year of growth and reforms for Cyprus flag

This year promises to be one of major change at the Deputy Ministry of Shipping, as major restructuring is underway to make the government’s maritime arm more efficient, while tax incentives are

8th March 2020

Maritime

Steamship Mutual Underwriting Association (Europe) chooses Cyprus

P&I Club member Steamship Mutual Underwriting Association (Europe) has decided to underwrite all of its European business in Cyprus through its Cypriot entity. The Cyprus Shipping Chamber (CSC) has welcomed the arrival

15th January 2020

Maritime