News & Blog

Shipping industry news, Cyprus port updates and logistics insights.

Australian Iron Ore Exports Grow in 2026, Strengthening Global Bulk Trade

Australian Iron Ore Exports Grow in 2026, Strengthening Global Bulk Trade

Australian iron ore shipments rose 2.3% YoY in Jan‑Jul 2026, keeping the nation at a 56% share of global exports, driven by steady demand from China.

29/08/2026
Baltic Dry Index Extends Seven-Day Rally, Hits June Highs Across All Segments

Baltic Dry Index Extends Seven-Day Rally, Hits June Highs Across All Segments

The Baltic Dry Index rose 2.5% to 3,186, marking a seventh consecutive gain and its strongest level since early June.

29/08/2026
EU Agricultural Trade Surplus Hits €23.9bn in H1 2026, Shipping Implications Grow

EU Agricultural Trade Surplus Hits €23.9bn in H1 2026, Shipping Implications Grow

EU agri-food exports reached €117.2bn in H1 2026, delivering a €23.9bn surplus, while shifting shipping patterns reflect market moves and geopolitical risks.

29/08/2026
Frontline Secures Four VLCC Charters, Rates Up to $120,000/Day

Frontline Secures Four VLCC Charters, Rates Up to $120,000/Day

Frontline has locked four VLCCs on term charters, earning up to $120,000 per day, boosting revenue visibility amid a strong spot market.

29/08/2026
Ardmore Shipping Completes Six‑Ship Wuhu Tanker Programme, Valued at $269 Million

Ardmore Shipping Completes Six‑Ship Wuhu Tanker Programme, Valued at $269 Million

Ardmore Shipping has exercised its final options at China’s Wuhu Shipyard, finalising a six‑vessel product and chemical tanker series worth about $269 million, slated for delivery from late 2028.

29/08/2026
Limassol Municipality Commits €5.6M to Fleet Modernisation 2024‑2026

Limassol Municipality Commits €5.6M to Fleet Modernisation 2024‑2026

Limassol city will invest €5.6 million to acquire 70 new vehicles and equipment, boosting municipal services and coastal clean‑up by 2027.

28/08/2026
Oysho Opens First Cyprus Concept Store at Mall of Cyprus

Oysho Opens First Cyprus Concept Store at Mall of Cyprus

Oysho's new 428 m² concept store opens in Mall of Cyprus, marking its first presence on the island and highlighting the logistics network supporting fashion imports.

28/08/2026
School Supply Prices Surge: Implications for Shipping and Logistics in Cyprus

School Supply Prices Surge: Implications for Shipping and Logistics in Cyprus

Cyprus Consumer Association flags wide price gaps for school items, highlighting planning, online buying and potential freight impacts for 2026.

28/08/2026
French Bakery Paul Expands into Nicosia’s Old Town, Boosting Local Supply Chains

French Bakery Paul Expands into Nicosia’s Old Town, Boosting Local Supply Chains

Paul’s new outlet in historic Nicosia strengthens its Cypriot footprint, offering all‑day dining and fresh bakery goods to locals and visitors.

28/08/2026
Livestock Productivity Boost and Trade Foundations: Insights from the Malas Report

Livestock Productivity Boost and Trade Foundations: Insights from the Malas Report

The Malas Report outlines strategies to raise goat‑sheep yields, rebuild farms affected by foot‑and‑mouth disease and balance dairy and meat production for stronger exports.

28/08/2026
Iranian Crude Bottleneck Shifts to Hormuz Strait, Not Asian Buyers

Iranian Crude Bottleneck Shifts to Hormuz Strait, Not Asian Buyers

Iranian crude inventories have built up at the Hormuz Strait, while Asian demand eases, creating a bottleneck that is now the main constraint, not the buyers.

26/08/2026
Pacific LNG Trade Gains Momentum as Mexico’s New Export Hub Starts Shipping

Pacific LNG Trade Gains Momentum as Mexico’s New Export Hub Starts Shipping

Mexico’s first Pacific‑coast LNG plant begins exports, offering a shorter, geopolitically safer route for US gas to Asia and reshaping the global LNG market.

26/08/2026

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