News & Blog

Shipping industry news, Cyprus port updates and logistics insights.

Transocean Gains US Antitrust Clearance for $5.8bn Valaris Deal, Closing Expected Q4 2026

US DOJ clears the antitrust review of Transocean’s $5.8 bn all‑stock acquisition of Valaris, paving the way for a Q4 2026 close and creation of a $17 bn offshore drilling group.

01/10/2026
Borr Drilling Secures New Jack‑Up Contracts Across West Africa and Europe, Expanding 2026‑27 Portfolio

Borr Drilling Secures New Jack‑Up Contracts Across West Africa and Europe, Expanding 2026‑27 Portfolio

Borr Drilling adds three jack‑up contracts—two drilling deals in West Africa and an accommodation job in the UK—extending its active fleet into August 2027.

01/10/2026

How Influencer Marketing is Transforming the Maritime Industry

Maritime firms can boost recruitment, brand visibility and technical education by partnering with authentic industry creators, from captains to engineers.

01/10/2026
Lidl Cyprus and AKTI Extend Project Zero to Universities for Marine Plastic Action

Lidl Cyprus and AKTI Extend Project Zero to Universities for Marine Plastic Action

Lidl Cyprus and the AKTI Research Centre expand Project Zero to tertiary institutions, enabling students to conduct marine plastic research and propose policy solutions.

30/09/2026
Locker Delivery Becomes Key Competitive Edge for Cyprus E‑Shops

Locker Delivery Becomes Key Competitive Edge for Cyprus E‑Shops

In Cyprus, locker‑based delivery is driving higher conversion rates and near‑zero undelivered parcels, reshaping e‑commerce competition.

30/09/2026
30 Years of LOEL Zibania: Cyprus’ Beloved ‘National Drink’ Celebrated

30 Years of LOEL Zibania: Cyprus’ Beloved ‘National Drink’ Celebrated

LOEL’s Zibania marks three decades as Cyprus’ iconic spirit, a product hailed as the island’s national drink.

30/09/2026

Pan Ocean Secures $110m VLCC Charter with Trafigura, Expanding Global Fleet

Pan Ocean has signed a three‑year, $109.6 m charter for a VLCC with Trafigura Maritime Logistics, marking a strategic expansion for both firms.

29/09/2026
Zodiac Maritime Secures $500m LNG Carrier Order, Expands into LNG Market

Zodiac Maritime Secures $500m LNG Carrier Order, Expands into LNG Market

Zodiac Maritime has placed a $500 million order for two LNG carriers with South Korea’s Hanwha Ocean, marking its entry into the conventional LNG market.

29/09/2026
DryDel Expands Japanese Newbuild Programme with Two 82,000 dwt Kamsarmaxes

DryDel Expands Japanese Newbuild Programme with Two 82,000 dwt Kamsarmaxes

Greek dry bulk owner DryDel Shipping signs for two additional 82,000‑dwt Kamsarmax vessels from Tsuneishi, reinforcing its Japanese newbuilding strategy.

29/09/2026
Shipping Leaders Adapt to Overlapping Disruptions with Resilience

Shipping Leaders Adapt to Overlapping Disruptions with Resilience

At Splash Singapore, senior executives highlighted the shift from just‑in‑time to just‑in‑case strategies, emphasizing redundancy, scenario planning and digital tools to manage growing geopolitical and regulatory risks.

28/09/2026
Rio Tinto completes sale of its eight-newcastlemax fleet to Yasa Shipping

Rio Tinto completes sale of its eight-newcastlemax fleet to Yasa Shipping

Turkish carrier Yasa Shipping acquires the last two Rio Tinto Newcastlemax vessels, finalising a sell‑down that saw five of the eight ships transferred.

28/09/2026
Navigating Conflict: How Shipowners Reroute Trade Amid Hormuz and Red Sea Threats

Navigating Conflict: How Shipowners Reroute Trade Amid Hormuz and Red Sea Threats

Shipowners shift routes to safer markets as attacks in the Strait of Hormuz and Red Sea force a reassessment of risk and earnings.

28/09/2026

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