Cyprus Mail21 Jul 2026

Cyprus Business Now: shipping, banks, UCy, tourism, CySEC, housing

Global shipping remains in “crisis mode” as fighting between the US and Iran disrupts the Strait of Hormuz, forcing companies to reconsider routes, absorb rising costs and protect crews operating near conflict zones, Cyprus Shipping Deputy Minister Marina Hadjimanolis warned.

In an interview with journalist and international author Andrea Busfield for The European, Hadjimanolis described an industry whose responsibilities have expanded far beyond the traditional management of vessels....

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