Cyprus Shipping Revenue Hits €1B In H2 2025

by THEFUTURE.TEAM

April 23, 2026

Strong Revenue Growth In H2 2025

According to the latest Shipping Management Survey by the Central Bank of Cyprus, shipping management revenues in Cyprus exceeded €1 billion in the second half of 2025. This represents a 2.3% increase compared with the first half of the year, indicating continued recovery following earlier disruptions in the sector.

Evolving Financial Landscape Post-Pandemic

Revenue levels in H2 2025 were higher than the averages recorded between 2019 and 2021, a period affected by pandemic-related disruptions, temporary support measures, and increased operating costs. Management expenses reached €897 million, reflecting a marginal 0.2% increase compared with H1 2025, suggesting relative cost stability alongside revenue growth.

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Shifting Global Trade Partnerships

Germany remained the largest trading partner, accounting for 28% of total revenues. Switzerland’s share increased to 15%, while Greece declined slightly to 12%. Singapore accounted for 5%, and the United States entered the top group of partners with a 4% share, compared with no recorded share in the previous half-year.

Diversified Revenue Distribution

Revenue distribution across companies remained varied. Around 30% of firms reported revenues between €2 million and €15 million, while another 30% exceeded €15 million, indicating a mix of mid-sized and larger operators within the sector.

Resilient Service Segments

Full-service management remained the primary revenue driver, increasing slightly to 51.2% of total revenues. Crew management declined marginally from 48.4% to 47%, while technical management services remained stable at 1.8%.

Outlook For The Sector

The data point to a stable and expanding shipping management sector in Cyprus. Performance levels remain above those seen during the pandemic period, with steady demand, diversified partnerships, and consistent service activity supporting continued growth.

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Cyprus Ranks Among EU Leaders In Tertiary-Educated ICT Workforce

by THEFUTURE.TEAM

May 25, 2026

High Educational Attainment Sets Cyprus Apart

Recent data from Eurostat showed that Cyprus is expected to rank among the leading European countries for tertiary-educated ICT professionals in 2025. According to the figures, 96.4% of ICT professionals in Cyprus are projected to hold tertiary education qualifications, placing the country among the highest-ranked members of the European Union.

Gender Disparity Remains A Critical Challenge

Despite the high level of educational attainment, the ICT workforce in Cyprus continues to show a significant gender imbalance. Men are projected to account for 85.1% of ICT employees in 2025, while women are expected to represent 14.9% of the sector. In 2024, the split stood at 70.9% for men and 29.1% for women. The figures highlighted a widening gender gap within the country’s ICT workforce.

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European Union Trends And Comparative Analysis

Across the European Union, the number of ICT professionals is projected to increase to 3.4 million in 2025 from 3.2 million in 2024, representing annual growth of 5.1%. Men are expected to account for 83.4% of ICT employment across the bloc, equivalent to approximately 2.8 million workers, while women are projected to represent 16.6%.

National Performance Variability In Gender Representation

Countries within the EU show a varied landscape: the highest percentages of male ICT professionals are reported in the Czech Republic (92.9%), Slovenia (89.1%), Latvia (89.0%), Lithuania (88.9%), and Slovakia (88.4%). On the contrary, nations such as Denmark (30.0%), Sweden (29.8%), Romania (28.6%), Bulgaria (25.6%), and Croatia (25.2%) lead in female participation in the ICT arena.

Educational Background Across The European ICT Sector

Eurostat data also showed that most ICT professionals across the EU hold tertiary education qualifications. By 2025, 74.8% of ICT workers in the bloc are projected to have university-level education, while 25.2% are expected to hold secondary or post-secondary qualifications. Denmark recorded the highest share of tertiary-educated ICT professionals at 97.7%, followed by France at 96.6% and Cyprus at 96.4%. Other countries with high levels of tertiary-educated ICT workers included Ireland at 92.3%, Bulgaria at 91.1%, and Croatia at 90.9%. At the lower end of the ranking, Italy recorded 69.2%, while Portugal stood at 58.8%.

Conclusion

The data perfectly encapsulates the dual narrative in the ICT sector: while countries like Cyprus and Denmark achieve remarkable educational standards among ICT workers, persistent gender disparities remind us that diversity remains an ongoing challenge. As the ICT landscape continues to evolve, strategic policy formation and corporate governance will be pivotal in balancing excellence with inclusivity.

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