Larnaca dockworkers continue strike

Larnaca port has come to a standstill after dockworkers decided Wednesday to continue their strike until overtime pay demands are met. The

Aphrodite faces uncertain future

Nicosia rejects Chevron’s improved omtimisation plan   Cyprus has chosen to play hardball with the partners of the country’s first gas discovery,

Mavridis takes over as Cablenet’s new CEO

Ioannis Mavridis, Cablenet’s financial boss for the past four years, is being promoted to CEO as of July 1, replacing Yiannos Michaelides who is stepping down after four years at the helm and will remain a consultant until the end

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Aphrodite faces uncertain future

Nicosia rejects Chevron’s improved omtimisation plan   Cyprus has chosen to play hardball with the partners of the country’s first gas discovery, the 3.5 tcf Aphrodite offshore gasfield, made back in 2011,

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New approach needed for maritime hub

The sixth Leading Maritime Cities survey released this week declared Singapore as the world’s premier shipping centre. Not surprisingly so, considering the

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WTI ends losing streak after Saudi oil price hike

The West Texas Intermediate (WTI) crude oil price snapped its losing streak, trading around $78.20 a barrel in the Asian session on Monday, after Saudi Arabia raised June crude prices for most regions. The Saudi kingdom increased the Official Selling Prices (OSPs)

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Aphrodite faces uncertain future

Nicosia rejects Chevron’s improved omtimisation plan   Cyprus has chosen to play hardball with the partners of the country’s first gas discovery,

UK GDP growth shines

By Naeem Aslam  We finally have some good news about the UK economy, which has emerged out of recession. The economy has

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Larnaca dockworkers continue strike

Larnaca port has come to a standstill after dockworkers decided Wednesday to continue their strike until overtime pay demands are met. The employers’ federation called the strike “unacceptable”, while the island’s chamber of commerce said the port and island’s economy

Read More

New approach needed for maritime hub

The sixth Leading Maritime Cities survey released this week declared Singapore as the world’s premier shipping centre. Not surprisingly so, considering the