Opens in a new tab

Breaking news

Maritime Fatalities Among EU Vessels Slightly Increased In 2024, Data Shows

Recent figures published by Eurostat reveal a modest rise in maritime accident fatalities involving EU-registered vessels, with 13 crew members losing their lives worldwide during 2024. Data was derived from reports submitted by EU member states, as well as Iceland and Norway, to the European Maritime Safety Agency (EMSA).

Regional Analysis Of Maritime Incidents

All fatalities involving EU-flagged ships occurred within EU territorial seas. In addition, nine individuals were killed in EU waters in accidents involving ships registered outside the bloc. Notably, within the EU waters, the Atlantic Ocean accounted for seven deaths, the Mediterranean for five, and the North Sea for one, while the Baltic Sea, Black Sea, and English Channel registered minimal or zero fatalities.

Trends And Vessel-Type Insights

Between 2020 and 2024, EU-flagged vessel accidents averaged 19 fatalities per year. After a post-pandemic surge peaking at 29 deaths in 2022, fatalities dipped to 11 in 2023 before a slight rise in 2024. Trends for non-EU ships saw a dramatic fluctuation, peaking at 22 passenger and crew deaths in 2023 before declining to nine in 2024. Notably, fishing vessels were the primary contributors to the 2024 fatality count, accounting for nine of the deaths, in contrast to prior years which exhibited significantly lower incident rates among fishing fleets. Passenger vessels and cargo ships each reported two fatalities, while inland waterway, recreational, and service ships continued to record minimal losses.

Data Reporting And Compliance Framework

The comprehensive dataset covers accidents involving EU-registered vessels across all ocean regions, whereas the figures for non-EU ships are limited to incidents in EU territorial seas. Cyprus, a prominent EU open registry, contributes to these numbers through mandated reporting via the European Marine Casualty Information Platform (EMCIP) under Directive 2009/18/EC and Regulation 376/2014. The island’s Marine Accident and Incident Investigation Committee (MAIC) has published several high-profile fatality reports, including investigations into incidents involving the SWE-Carrier and the Cyprus-registered bulk carrier EVNIA, as well as the 2024 mooring-line accident on the FIONA B vessel. These reports underscore a rigorous regulatory framework and a commitment to maritime safety that is critical to industry stakeholders.

Cyprus-Based ASBIS Hits Record $1.05bn In Monthly Revenue, Up 216% Year On Year

The technology distributor ASBIS Group, headquartered in Limassol, has exceeded $1 billion in monthly sales for the first time in its history, reporting preliminary consolidated revenue of $1.05 billion in September 2026, more than three times the amount recorded a year earlier.

The figure represents a 216% increase from $332 million in September 2025, making it the highest-revenue month in the company’s history.

ASBIS reported its strongest sales growth in servers and server components, while CEO Serhei Kostevitch pointed to growing demand for artificial intelligence solutions and computing infrastructure as an opportunity for the business.

For a company operating across Europe, the Middle East and Africa, September marked a new sales milestone following several months of substantial year-on-year growth.

Kostevitch attributed the record performance to the group’s existing operations, highlighting its broad product portfolio, international market presence and strong relationships with manufacturers and trading partners.

“Most importantly, this result is the outcome of our regular operating activities,” he said.

The CEO also highlighted the company’s portfolio of projects as a reason for confidence in continued AI-related development.

However, the group’s growth was not limited to AI-related technologies. Smartphones also performed strongly in September, with Kostevitch stressing that “we are growing beyond the AI segment as well.”

Kazakhstan, the United Arab Emirates and Ukraine accounted for the largest shares of ASBIS’s September revenue, followed by Slovakia and Poland.

Growth Follows Record First Half

September’s results follow a period of strong financial performance for ASBIS.

In July, the company reported preliminary consolidated revenue of $531 million, an increase of 89% compared with the same month in 2025. August brought a further rise to $604 million, up 91% year on year.

September’s $1.05 billion figure represents a substantial increase on both months, although the company has not provided a detailed breakdown explaining the acceleration.

The results also follow a record first half of 2026, when ASBIS generated approximately $2.97 billion in consolidated revenue, up 76% year on year.

Net profit after tax reached $80.6 million, compared with $19.4 million in the same period in 2025.

The second quarter was particularly strong, with revenue reaching $1.69 billion, an increase of 78.7%, while quarterly net profit more than tripled to $44.3 million.

ASBIS has emphasised that its September revenue figures are preliminary estimates and may differ from the final reported results.

eCredo
The Future Forbes Realty Global Properties
Aretilaw firm
Uol

Become a Speaker

Become a Speaker

Become a Partner

Subscribe for our weekly newsletter