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CYPRUS SHIPPING INDUSTRY
Israel-Iran conflict: Middle East war exposes UK Navy's limitationsthe Iran war is exposing the limits of Britain's navy, seen by observers as an embarrassment for a once proud maritime power. This week Ger...- China in talks with Iran to allow safe oil and gas passage through Hormuz, sources sayChina is negotiating with Iran for safe passage of its oil and LNG vessels through the Strait of Hormuz amid escalating conflict. The criti...
- Cyprus ready to join IMEEC due to its strategic location: FM Constantinos KombosCyprus is keen to partner with India in its shipping industry and international shipping routes, leveraging its strategic Mediterranean loc...
- Top shipping players want overhaul of UN ship fuel emissions dealLeading shipping companies, including Greek players, are pushing for changes to a UN deal aimed at cutting marine fuel emissions, citing co...
- India to get Rs 10,000 crore from Cyprus firms in biggest maritime FDI since 2005Big news for Indian shipping. Interorient Navigation and Danship & Partners, from Cyprus, are set to invest significantly. They plan to inj...
- Modi in Cyprus: A subtle masterstroke aimed at Turkey?Prime Minister Modi's visit to Cyprus, the first in two decades, signals a strategic realignment for India in the Eastern Mediterranean. Be...
- India, Cyprus 'unequivocally' condemn terrorism; agree to deepen defence, security cooperationCyprus has pledged its unwavering support to India in combating cross-border terrorism, as both nations strongly condemned terrorism in all...
- EU’s carbon price on shipping threatens economic growth, Southern Nations sayThe shipping will be phased into the EU’s carbon market from January 1 as per a deal struck in 2022, , beginning with 40% of emissions for ...
- Passenger falls overboard from Royal Caribbean operated cruise ship en route to Singapore, search operation underwayA passenger falls overboard from Spectrum of the Seas en route to Singapore. Search and rescue efforts initiated. Royal Caribbean continues...
- EU split on Russian oil price cap level, talks to resume ThursdayEarlier on Thursday representatives of the EU's 27 governments met in Brussels to discuss a G7 proposal to set the price cap in the range o...
- Industry says India must avoid placing price cap on Russian oilThe US, the UK, Canada, Japan and European allies are working on a price cap plan to restrict Moscow's energy revenues without curbing the ...
- Ukraine shuts down ports as conflict threatens grain suppliesRussia had earlier suspended movement of commercial vessels in the Azov sea until further notice, but kept Russian ports in the Black Sea o...
- Essar Cyprus arm sells 6 ships to ArcelorMittal for $80mThe ships are owned by Essar Shipping Cyprus, an arm of Essar Global Fund, and are not part of Essar Shipping, the publicly traded company ...
- Cyprus says 'very close' to revising tax treaty with IndiaLast month, a senior Indian government official said India hopes to revise tax treaty with Cyprus in line with Mauritius by the year-end.
- Gujarat revives Alcock Ashdown divestment strapGujarat government has restarted the exercise to offload stake in Alcock Ashdown (Gujarat) Limited, the loss-making ship-building company.
- Essar Shipping board okays merger of India ShippingThe board of Essar Shipping (ESL) has approved the merger of Mauritius-based India Shipping, the holding firm of Essar Oilfield Services (E...
- Anto T JosephFour international financial investors will acquire a 40% stake in Pipavav Shipyard. New York Life, Indus Capital and Trinity Capital have ...
- Is India awaiting another major ship accident?Is India awaiting another major ship accident, and an inevitable ecological disaster?
- Choppy waters await Indian shippingFrequent ship accidents along the Indian coastline have raised alarm bells among maritime circles.
- Essar Shipping & Logistics raises $200m for vessel acquisitionThe newly-floated Essar Shipping and Logistics (ESLL) has raised $200m from foreign banks to fund the acquisition of very large crude carri...
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