Cyprus News

02 Mar 2020

Sailor Dies on Tanker Moored off Venezuela

© Gena Anfimov / MarineTraffic.com

A sailor aboard an oil tanker anchored off Venezuela's coast died on Saturday, three people with knowledge of the incident said, marking the second death in less than a week involving personnel aboard ships serving the crisis-stricken OPEC nation.Juan Carlos Navarrete, a 58-year-old Cuban national serving as a helmsman aboard the Petion Panamax tanker, died after falling overboard while the tanker was anchored in Amuay Bay in western Venezuela, one of the sources, union leader Ivan Freites…

30 Jan 2020

Polarcus Seismic Vessel Refit Completed

(Photo: Navalrocha)

Portugal’s Navalrocha shipyard said it has completed a multimillion-euro repair and refit project for Dubai-based marine geophysical company Polarcus.The drydock project which completed in January 2020 involved a broad package of work to the ultra-modern 14 streamer 3D/4D seismic vessel – Polarcus Naila.The vessel is environmentally advanced with diesel-electric propulsion, high specification catalytic converters, a double hull and advanced bilge water cleaning system.“The Polarcus Naila visited Navalrocha shipyard for a total of 33-days running through the Christmas period…

14 Jan 2020

IRClass Foreign Flag Fleet Reg. Up 16%

Arun Sharma, Executive Chairman. Photo: IRClass

The Indian Register of Shipping (IRClass) said that the classed fleet registered approx. 3% growth in the past year.The ship classification society said that its foreign flag fleet continued to grow at a robust pace with 16% more vessels added during 2019 demonstrating strong global acceptance of IRClass services.IRClass received several flag authorizations in 2019 including key flags like Cyprus and Denmark and is now recognized by 45 flag states worldwide. It opened a new office in the Netherlands to add to its other European offices in the UK…

17 Dec 2019

Turkey Launches Oil Exploration Drone

© jules / Adobe Stock

A Turkish drone meant to help seek hydrocarbons in the eastern Mediterranean landed at an airport on the divided island of Cyprus on Monday, a Turkish official said, in a move that could further stoke tensions between Turkey and Greece.The breakaway Turkish Cypriot cabinet on Friday designated the Gecitkale airport on the island as a base for both unarmed and armed unmanned aerial vehicles (UAVs) at the request of the Turkish government, the Demiroren news agency (DHA) said.Cyprus, an EU member, was divided in a Turkish invasion in 1974 triggered by a brief Greek-inspired coup.

10 Dec 2019

Standard Drilling Sells PSV

Image: S.D Standard Drilling

Cyprus-based company active in the oil and gas industry S.D Standard Drilling signed Memorandum of Agreement (MoA) to sell one  large Norwegian built Platform Supply Vessel (PSV), Standard Supporter for USD 15 million.The transaction was completed yesterday (10 December 2019). S.D Standard Drilling Plc. has, through its subsidiary, Standard Supporter AS, received the transaction amount in full. Following the sale, the Company will control, directly and indirectly, a fleet  of 13 PSVs…

28 Nov 2019

Turkey Inks Maritime Boundaries Deal with Libya

(Photo: Turkey Ministry of Energy and Natural Resources)

Libya's internationally recognized government and Turkey have signed an agreement on maritime boundaries in the Mediterranean Sea that could complicate Ankara's disputes over energy exploration with other countries.Turkey, which announced the accord and a deal on expanded security and military cooperation on Thursday, gave no details of their memorandum of understanding and did not specify where Turkish and Libyan waters meet.Greece dismissed the announcement as geographically…

03 Nov 2019

WISTA Re-elects Theodosiou as President

Left to Right: Fabiana Simoes Martins, Sanjam Gupta, Alexandra Anagnostis, Despina Panayiotou Theodosiou, Connie Roozen, Angie Hartmann, Naa Densua Aryeetey. Photo: WISTA International

Women’s International Shipping and Trading Association (WISTA) announced that Despina Panayiotou Theodosiou (WISTA Cyprus), CEO of Tototheo Maritime, was re-elected to a second term as President.WISTA International elected Alexandra Anagnostis-Irons, President of Total Marine Solutions (WISTA USA) as Secretary, and Fabiana Simões Martins (WISTA Brazil), as Board Member, to the WISTA International Executive Committee at the 39th WISTA International Annual General Meeting on Grand Cayman on 30 October 2019.Naa Densua Aryeetey (WISTA Ghana)…

20 Oct 2019

Castor Maritime Acquires Third Panamax Bulker

Pic: Castor Maritime

Cyprus-based dry bulk shipping company Castor Maritime has acquired its third Panamax dry bulk carrier for $10.2mln.The global shipping company specializing in the ownership of dry-bulk vessels informed that through a separate wholly-owned subsidiary, it has entered into an agreement to purchase a 2005 Japan built Panamax dry bulk carrier from a third party  in which a family member of Castor’s Chairman, Chief Executive Officer and Chief Financial Officer has an interest.The acquisition…

16 Oct 2019

Crystal Announces Near Term Deployment for Esprit

Crystal Esprit. Pic: Crystal Yacht Cruises

Crystal Yacht Cruises announced the 55-cruise roster of 2022 and early 2023 itineraries for Crystal Esprit.A number of new options punctuate the collection of regionally focused voyages, with dozens of seven- and eight-night options catering to busy travel schedules or easily combined into longer adventures, said a company press release.In addition to exploration of hubs of profound history, featured destinations also capitalize on the 62-guest Crystal Esprit’s adventurous spirit…

24 Sep 2019

U.S. Slaps Sanctions on Firms Moving Venezuelan Oil to Cuba

© Marit / Adobe Stock

The U.S. Treasury Department on Tuesday imposed sanctions on four maritime firms and vessels transporting Venezuelan oil to Cuba, amid an acute fuel scarcity in the island that is forcing people to line up for gasoline and public transport.Despite tough U.S. measures against Venezuela's state-owned oil company PDVSA in January, Cuba's state-run oil import and export company Cubametales and other Cuba-based entities "have continued to circumvent sanctions by receiving oil shipments from Venezuela…

17 Sep 2019

ChartCo Opens New Office in Greece

Pic: ChartCo

ChartCo, the global provider of digital navigation and compliance solutions, has expanded its global network of offices to Piraeus, Greece to help provide dedicated support for customers in this region for the shipping industries.The global leader in digital navigation services is currently supplying and supporting customers in commercial shipping, offshore, cruising and superyachts all around the world and has a prominent presence of offices in the UK, Europe and Southeast Asia.Over the past decade…

06 Sep 2019

Castor Maritime Buys Korean Built Panamax

Pic: Castor Maritime

Castor Maritime, a global shipping company specializing in the ownership of dry-bulk vessels, announced that through one of its wholly-owned subsidiaries, took delivery of the M/V Magic Sun, a 2001 Korean built Panamax dry bulk carrier, from an unaffiliated seller.The Cyprus-based company said in a press release that the vessel is expected to commence its initial charter with Oldendorff Carriers GMBH & Co KG on or around September 7, 2019.The Magic Sun Initial Charter was fixed at a daily hire rate of $12,000 and has an expected term of minimum eight months up to maximum 12 months.

03 Sep 2019

2 Workers Die on Board Greek Ship in Bangladesh

NGO Shipbreaking Platform said that accident at the shipbreaking beach of Chattogram, Bangladesh killed two and severely injured thirteen. The accident occurred in the afternoon of Saturday 31 August at Ziri Subedar shipbreaking yard. During scrapping operations on the ship CSL VIRGINIA a heavy cable collapsed, hitting several workers at once. Aminul Islam, 35 years old, and Tushar Chakma, 27 years old, lost their lives.Thirteen workers  suffered severe injuries and were taken to Chattogram Medical College Hospital for treatment.

03 Sep 2019

Iranian Tanker Goes Dark off Syria

The Iranian oil tanker Adrian Darya 1, under its former name in a recent photo. CREDIT: MarineTraffic.com

The Iranian oil tanker Adrian Darya 1 at the centre of a dispute between Tehran and Western powers appears to have turned off its transponder in the Mediterranean west of Syria, Refinitiv ship-tracking data showed on Tuesday.The tanker which is loaded with Iranian crude oil, sent its last signal giving its position between Cyprus and Syria sailing north at 15:53 GMT on Monday, the data showed.The vessel, formerly named Grace 1, was detained by British Royal Marine commandos off…

30 Aug 2019

Turkey: Iranian Tanker Headed to Lebanon

File Imade of the former 'Grace 1.'CREDIT: MarineTraffic.com

Turkey said on Friday that an Iranian tanker at the centre of a confrontation between Washington and Tehran was headed to Lebanon after changing course several times, although Beirut said it was not informed of the plan.According to Refinitiv tracking data, the Adrian Darya, formerly called Grace 1, made a U-turn on Friday and headed for Turkey's Iskenderun port - 200 km (124 miles) north of Syria's Baniyas refinery, the tanker's suspected original destination.However, Turkish Foreign Minister Mevlut Cavusoglu said the tanker…

29 Aug 2019

Iranian Tanker Deviates from Turkish Destination

File Image: the former Grace 1 underway (MarineTraffic.com)

Iranian tanker Adrian Darya, at the centre of a dispute between Washington and Tehran, has changed course away from the Turkish coast, Refinitiv ship tracking data showed on Thursday.The tanker, formerly called Grace 1, was released from detention off Gibraltar in mid-August after a five-week standoff over whether it was carrying Iranian oil to Syria in violation of European Union sanctions.A Turkish official told Reuters earlier on Thursday that the Iranian tanker had not entered Turkish waters.

25 Aug 2019

China-led Consortium Bids for Cyprus LNG

Pic: Natural Gas Public Company (DEFA)

The Natural Gas Public Company of Cyprus (DEFA) announced that a Chinese-led consortium has been chosen as the preferred bidder for the construction of a EUR 250 million liquified natural gas (LNG)  import terminal and related infrastructure.The authorities announced that the consortium of JV China Petroleum Pipeline Engineering Co Ltd, AKTOR S.A. and METRON S.A., with Hudong-Zhonghua Shipbuilding Co. Ltd and Wilhelmsen Ship Management Limited has emerged as the preferred bidder…

08 Aug 2019

Cyprus Approves Russian Maritime RS

Image: Russian Maritime Register of Shipping

Russian Maritime Register of Shipping (RS) has signed a new agreement with the Maritime Administration of the Republic of Cyprus (the Cyprus MA).The new agreement extends the scope of the RS authorization by the Cyprus MA. In particular, RS is now authorized to perform surveys of ships flying the flag of the Republic of Cyprus for compliance with the requirements of the International Code for Ships Operating in Polar Waters (Polar Code), Code of Safety for Special Purpose Ships…

06 Aug 2019

Oldendorff Chooses PAS ε-ORB Software

Logo: e-ORB

Cyprus-based maritime technology & marine risk prevention firm Prevention at Sea Ltd has been awarded a contract from Oldenorff Carriers for switching from the traditional paper Oil Record Book to ε-ORB (electronic Oil Record Book).Oldendorff Carriers’ decision was based on recognition of the burdens arising from the use of the traditional paper version of MARPOL Oil Record Books as well as the complexity and accuracy of recording proper operational entries relating to discharges…

30 Jul 2019

Klaipedos Nafta Bids for Cyprus LNG

Pic: Klaipedos Nafta

Lithuanian liquefied natural gas (LNG) terminal operator Klaipedos Nafta (KN) is partnering with the market leaders in the tender procedure for the design, construction and operation of the Cyprus LNG import terminal.The operator of the Klaipėda Oil Terminal submitted the bid alongside consortium partners Samsung C&T, Posco E&C, Mitsui O.S.K. Lines (MOL) and Osaka Gas.If successful, KN will provide long-term operation and maintenance services for this terminal for a period of up to 20 years.DEFA…

30 Jul 2019

Castor Maritime Adds New Vessel

Image: CastorMaritime

Cyprus-based Castor Maritime  announced that on July 25, 2019, it has entered into, through a separate wholly-owned subsidiary, an agreement to purchase Panamax dry bulk carrier from an unaffiliated third party.The global shipping company specializing in the ownership of dry-bulk vessels, said that the 2001 Korean built vessel was bought for a purchase price of $6.7 million.The acquisition is expected to be consummated late third quarter / early fourth quarter of 2019 and is subject to the satisfaction of certain customary closing conditions.Petros Panagiotidis…

29 Jul 2019

VOC Port Sets New Record

Pic: VO Chidambaranar Port

South India's VO Chidambaranar Port created a new record by handling 1,80,597 MT of cargo in a single day on July 27 this year, surpassing the previous single day record of 1,77,639 MT on November 16, 2017.The fourth-largest container terminal in India said in a statement that major cargoes of the day include coal (79,230 MT), containerized cargo (52,200 MT / 2,900 TEUs) and general cargo (49,167 MT).The state-controlled port has also handles highest parcel size of 85,224 MT.

04 Jul 2019

MAN in Global Service Deal with Wallem

Photo: MAN Energy Solutions

German solution provider to the marine and energy sectors, MAN Energy Solutions (MES) has signed a Global Key Account Management contract with Hong Kongbased Wallem Group.The contract covers the supply of spares and services to MAN main engines, generators and turbochargers aboard vessels managed by Wallem, the provider of technology-driven maritime solutions.According to a press release from Augsburg-based MES, the global agreement covers all offices of the Wallem Group and provides access to a dedicated global and local key account manager from MAN PrimeServ…

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