
The CMMI held yesterday a small ceremony at its premises for the traditional Vasilopita cake cutting.
CMMI had the honor to welcome for this event, the Speaker of the House of Representatives, Mrs. Annita Demetriou and H.E the Ambassador of the United States of America, Mrs. Judith Garber.
The Vasilopita cake cutting is a time-honored custom of the Greek & Cypriot families that takes place on New Year’s Day to bless the house and bring good luck for the new year. This is also a tradition followed by many businesses during the first months of the year. There is a hidden coin baked inside the cake and the individual who gets the piece with the coin is considered the “lucky” one for the year ahead.
Ms. Constantina Ioannou, a Junior Scientist of CMMI who joined us recently with a background in Mechanical Engineering, was the ‘lucky’ one this year and together with the coin CMMI gave a replica of a Copper Talanto (ingot) as a gift. The Greek word ‘Talanton'(talent) means ‘balance, sum, weight’, and it was used as a measurement unit, in gold and silver, which was then used as a legal tender in the trading transactions of that era. Mr. Andreas Vyras, Mayor of Larnaca & Chairman of CMMI presented two more gifts to the two honorary visitors to thank them for their presence during our ceremony.
During the ceremony, Mr. Zacharias Siokouros, CEO of CMMI, indicated that we are already in the 2nd year of the UN Decade for Ocean Sciences and unfortunately precious time to save nature and the oceans has been lost over the past two years because of the COVID-19 pandemic. He then referred to the statement by Virginijus Sinkevicius, the EU commissioner for environment, oceans and fisheries, at a U.N. news conference last Thursday that “This year must be the year of the oceans. This year must be the year of biodiversity and it is essential to get plastics under control and the only way to do it is globally”. Mr. Siokouros underlined that CMMI is now in its 2nd year of operation and is ready to contribute to this global effort. Furthermore, Mr. Siokouros announced that he will be attending on behalf of Cyprus at the forthcoming ‘Our Ocean Conference’ on 13th and 14th of April in the Pacific Island nation of Palau, invited by Mr. Surangel S. Whipps, Jr., President of the Republic of Palau and Mr. John F. Kerry, U.S. Special Presidential Envoy for Climate.
In her statement Mrs. Annita Demetriou mentioned that ‘the Institute is already delivering cutting edge research, inter-disciplinary partnerships and high calibre contributions’ and that she ‘utilised this opportunity to hear more about the Institute’s projects and R&D initiatives and discuss new ways the House of Representatives can further facilitate the research endeavours of excellence in Cyprus’.
In turn, H.E Mrs. Garber thanked the CMMI for Inviting her on this symbolic ceremony and once again pointed out her support towards the Institute and its activities.

Related News.
October 16, 2026
Navigating the Multi-Orbit Era: In Conversation with Intellian’s Jon Harrison at SMM 2026
At SMM 2026 in Hamburg, the rapid evolution of maritime satellite communications took centre stage. Across the exhibition halls, discussions among…
October 16, 2026
Cyprus ports need joint energy and investment strategy, shipping agents chief says
Cyprus needs a coordinated strategy for shipping, energy and environmental protection to support port investment and modernisation, Cyprus shipping…
October 16, 2026
MASO Public Affairs introduces MASO Regulatory Intelligence
A new subscription service helping businesses understand what is changing and what it means for them MASO Public Affairs introduces MASO Regulatory…
October 16, 2026
Anglo-Eastern helps turn CMBTECH’s ammonia ambition into an operational reality
From early feasibility study and risk-based design to newbuilding supervision, crew readiness and technical management, Anglo-Eastern drew on its…
October 16, 2026
Escalation of attacks threatens to derail recovery in Middle East oil exports
World oil demand is forecast to fall by 2.5 mb/d y-o-y in 4Q26 and 2.6 mb/d on average in 2026. As the Iran war manifests itself through restricted…
October 16, 2026
New study finds shipping pays twice its share to EU ETS earmarked revenues should triple to help build market for sustainable fuels and technologies
Shipping is responsible for around 10% of EU ETS emissions but pays almost 20% of the ETS bill. Unlike other sectors, it has never received free…
October 16, 2026
MSARC strengthens maritime mass rescue readiness through training and national live exercise off Dakar, Senegal
Joint MSARC–FHAS programme combines three days of SAR training with a national multi-agency live exercise The Maritime Search and Rescue Council ,…
October 16, 2026
Sogese report deliveries are still being delayed as container freight rates fluctuate
FOR IMPORTERS Spot rates into the Mediterranean are back at January levels, Far East to Europe reliability sits at pandemic lows, and nearly…
October 16, 2026
Glencore begins trading on Australian Securities Exchange
Glencore has begun trading on the Australian Securities Exchange under the ASX code GLC. Gary Nagle, Glencore’s CEO, said it was an exciting day for…
October 16, 2026
BIMCO Shipping Number of the Week
Suez Canal container ship transits exceed 50% of pre-disruption levels "During the first two weeks of October, weekly container ship capacity…
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























