Cyprus
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Europe
Greek shipping rocked by mass exodus to Cyprus
With shipping hubs the world over sending officials to Athens to persuade the nation’s shipowners to relocate in the wake…
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Europe
Bomb scare at Limassol port
Police combed through Limassol port yesterday after a bomb threat was made in the morning. No explosive device was found…
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Europe
Deep Sea Supply sends two more PSVs to layup as Brazilian blocking bites
John Fredriksen controlled Deep Sea Supply has released its latest fleet update on Oslo Bors today revealing troubles in Brazil,…
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Americas
Two US law firms launch investigations of Ocean Rig
Two law firms in the US are investigating potential claims on behalf of Ocean Rig shareholders that concern possible breaches…
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Europe
Cyprus government ‘committed to safeguarding shipping’
The government of Cyprus will support and bolster growth of the country’s maritime sector, Marios Demetriades, minister of transport, communications and…
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Containers
Österreichischer Lloyd: Rebrand time
Österreichischer Lloyd, a grand old name of European shipping whose heritage stretches back to 1836, is going through a rebrand…
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Europe
Turkey must open its ports to Cyprus-flagged vessels, say UK ministers
Two UK government ministers have called for Turkey to lift its ban on Cyprus-flagged vessels or those with Cypriot connections…
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Europe
Hackers steal $644,000 from a Cyprus shipping company
Hackers posing as a bunker supplier have stolen $644,000 from an unnamed shipping company based in Limassol, Cyprus. The shipping company…
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Europe
Prosafe wins Shell North Sea charter
Oslo-listed Prosafe has won a new contract from Shell UK for the Regalia semi-submersible accommodation vessel. The short duration contract…
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Europe
Cyprus transport minister negotiates to avoid port worker strikes
A second meeting has been scheduled this week to avoid industrial action at Cyprus’ ports, after a meeting between transport…
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Europe
Zolotas-led company linked with former head of Marfin-Laiki Bank
After two years of work, a federal investigation into mysterious bank transfers may have found evidence that links Focus Maritime,…
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Europe
Safe Bulkers’ shipmanagement company is moving to Limassol
Reports in the Greek media say Safety Management Overseas, commercial manager of its affiliate company Safe Bulkers’ fleet, is to…
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Europe
Livanos sheds Euronav shares
Peter G Livanos has sold around 6m of his shares in Euronav, of which he his chairman of the board,…
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Dry Cargo
DryShips settles loan with debt-for-equity swap with Ocean Rig
DryShips has agreed a debt-for-equity swap with its fellow Economou-led company Ocean Rig that will fully pay off a $120m…
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Europe
Greek shipping companies look for office space in Limassol
Athens: Greek shipping companies have been enquiring about renting office space in Limassol, Cyprus’ shipping and trading hub, Splash can confirm. “About…
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Europe
Greek shipping companies mull a move to Cyprus
Athens: Greek shipping companies are mulling a move to Cyprus as uncertainty over the future of their offshore tax status…
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Europe
Andreas Chrysostomou: Cypriot nomination for IMO’s top job
Nicosia: Today sees the third in a series of interviews with candidates to take over the role of secretary-general of…
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Europe
Cyprus gives go-ahead to Limassol port privatisation
Athens: The government of Cyprus has changed the legal framework of the Cyprus Ports Authority (CPA), which will allow commercial…
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Europe
Limassol braces for port strike tomorrow
Limassol: As has become commonplace among eastern Mediterranean ports facing privatisation, Limassol is bracing for a strike tomorrow. Communications minister…
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Offshore
Economou delays drillship deliveries at Samsung
London: Economou-led Ocean Rig has delayed delivery of two drillships it has under construction at Samsung Heavy Industries, South Korea. The…
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