Cyprus shipping sees recovery, but crew-change crisis worsens – Shipping Chamber

“Cyprus shipping is seeing a slow but steady recovery, and better freight rates,” says Thomas Kazakos, Director General of the Cyprus Shipping Chamber told the Cyprus Mail in an interview.
The Cyprus shipping industry has faced a serious shock at the beginning of the pandemic, Kazakos comments, from which it is only just emerging. “In March and April, the reduction of all business activity in the lockdown caused a sharp contraction for shipping. “The passenger side of shipping suffered a real blow, he adds, and today it is still in crisis.”
“But he first aspects of recovery for shipping began when demand for oil fell drastically, and ships were needed for floating storage. This gave us a much needed stimuls.”
But now the industry is seeing a real increase in demand.
“Containers, for example, which are the king of transport for consumer goods, saw a sharp reduction in activity as the pandemic frightened consumers into slower demand. Now, thanks to the better management of COVID-19 around the world, consumers are returning to a more normal life, that has led to increased consumer goods production and with it the need for transportation,” he explains.
As the economy recovers, so does shipping. “Where there is growth in finance and trade, shipping activity grows along with it,” he adds.
Cargo carriage seems to be following the same pattern, according to Kazakos. “Of course, there is still considerable uncertainty due to the ongoing pandemic, and the risk of a second wave,” he notes.
“And this is important because about 80 per cent of global trade is carried by the international shipping industry. The pandemic brought serious challenges that we are still faced with.”
The crew change crisis is worsening, Kazakos warns. There are still 300,000 seafarers stuck on ships around the world. The psychological toll on the workers is severe.
“Action must be taken. We’ve had conferences, and promises of cooperation, but nothing has really changed.”
Governments need to treat seafarers as key workers, and give them priority in transport and customs clearing. “Although they’ve been named by the International Maritime Organisation and by the EU as key workers, they are still not being treated that way in many instances,” Kazakos complains.
“We risk not being able to maintain transport for goods if measures to protect seafarers are not taken,” Kazakos insists.
Another area in which the shipping industry has locked horns with governments around the world – but not that of Cyprus – is in migrant rescues.
“We are proud to say that the Cyprus shipping industry has always lived up to the responsibility of making rescues, as we are legally obliged to do so. And the Cyprus government has backed us entirely in this process,” Kazakos says.
Other governments have not done so, however, and there have been numerous instances of governments not allowing rescued migrants to be brought ashore.
“When you consider how careful seafarers must be in protecting themselves from the possible infection with COVID-19 from survivors, and how willingly they take on this responsibility, the reaction of these governments is shameful,” Kazakos says. “The shipping organisations around Europe, including our Chamber, are in discussions with government agencies to overcome these obstacles to rescue actions.”
Source: Cyprus Mail
Related News.
October 19, 2026
OL Shipping Group in Tokyo: Capt. Eberhard Koch calls for realistic solutions to Maritime Decarbonisation
An intensive and engaging couple of days in Tokyo brought together leading figures from the international maritime community, providing a valuable…
October 19, 2026
Regatta for Peace one of the largest ever in Cyprus
Cyprus will host the first European stop on a global sailing journey leading up to the 2027 America’s Cup in Naples. More than 120 sailors…
October 19, 2026
The propulsion technology powering the marine energy transition
The marine industry is under increasing pressure to future-proof fleets, balancing the need to reduce emissions and improve efficiency. Propulsion…
October 19, 2026
Signal Ocean acquires Lgmar
Signal Ocean announced the acquisition of Lgmar, the Athens-based company behind Telix, a maritime email and communication platform in daily use…
October 19, 2026
Canada clean power push challenged by interprovincial grid limits, says GlobalData
Canada is entering a pivotal phase of power-sector expansion as federal tax credits, the phase-out of coal-fired generation, and accelerating…
October 19, 2026
Maritime safety depends on human factors and leadership, not procedures alone
Interim survey findings point to a gap between seafarers’ perceptions of risk and injury data Seafarers may misjudge when and where they are most at…
October 19, 2026
New BIMCO contracts tackle ship recycling and energy-saving retrofits
BIMCO adopted two new contractual solutions designed to help you manage important operational and regulatory challenges: the revised…
October 19, 2026
Stena Line to acquire vessel and make changes to its network
Stena Line has reached an agreement to acquire the RoRo vessel Somerset from CLdN. Subject to closure and transfer, the vessel would begin operating…
October 19, 2026
DORIC WEEKLY INSIGHT 16 OCTOBER 2026
Please find below the DORIC Market Insight for the week ending 16th October 2026. Weekly Report 16.10.2026
October 19, 2026
Important information for port clients and freight carriers effective November 1, a new traffic overpass and port checkpoint will open for traffic to the Port of Riga on Kundziņsala
Starting November 1 of this year, a new traffic overpass connecting Tvaika Street to Kundziņsala will open to facilitate traffic to and from the Port…
Subscribe to our newsletter!
if you dont want to swim alone in the ocean of news, sign up for the newsletter, and you will receive daily all the important news of world shipping!
Design & Development by P.KAN.DESIGNER
© 2026 Cyprus Shipping News. All rights reserved
Design & Development by P.KAN.DESIGNER
© 2026 Cyprus Shipping News. All rights reserved























