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Cyprus Wholesale Trade Turnover Rises 9.3% In Q4 2025

by THEFUTURE.TEAM

March 16, 2026

Overview

Recent figures released by the Cyprus Statistical Service (Cystat) indicate a robust performance in wholesale trade during the fourth quarter of 2025, with a marked increase in turnover. Conversely, activity within the motor vehicles sales and repair sector maintained stability relative to the same period in the previous year.

Quarterly Performance Insight

In the fourth quarter of 2025, the turnover value index for wholesale trade (division 46) increased by 9.3% compared with the fourth quarter of 2024. The turnover value index for motor vehicle sales and repair (division 45) recorded no significant change during the same period.

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Annual Trends And Broader Implications

Examining the full year, the annual turnover value index for wholesale trade climbed by 5.9%, reinforcing the momentum observed in the final quarter. Meanwhile, the motor vehicles sector experienced a more modest annual uptick of 3.0%, reflecting steady, moderate growth despite a stagnant performance in Q4.

Business leaders and market analysts may interpret these trends as an indication of sustained expansion in wholesale trade operations, paralleled by a conservative yet steady progression in the automotive service arena. Such insights are essential for stakeholders gauging sector performance and strategic investment opportunities in the Cypriot market.

Conclusion

The latest statistical revelations from Cyprus illustrate a dynamic wholesale trade sector benefiting from a significant quarterly uplift, while the motor vehicles segment maintains stability. As these trends continue to develop, they will undoubtedly influence both policy formulation and strategic business moves in the region.

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Greek Tankers Transit Hormuz As Shipping Risks Rise In Gulf And Black Sea

by THEFUTURE.TEAM

March 16, 2026

Two tankers linked to George Prokopiou passed through the Strait of Hormuz as regional tensions continue to affect shipping routes in the Gulf.

Safe Passage Through Hormuz

The tanker Smyrni, operated by Dynacom Tankers Management, was observed off the coast of Mumbai on Saturday morning after its earlier positioning in the Persian Gulf. The vessel, like its predecessor Shenlong, temporarily disabled its transponder during transit, a common practice in these narrow channels under uncertain conditions.

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Robust Market Commitments

Despite reduced shipping traffic through the strait, Dynacom has continued expanding its fleet. The company recently ordered four additional VLCC tankers from Hengli Heavy Industry. Each vessel will have a capacity of 300,000 deadweight tonnes. With the new order, Dynacom’s VLCC program in Chinese shipyards now totals 16 vessels.

Security Incident In The Black Sea

In a separate incident, the Greek-flagged tanker Maran Homer sustained minor damage near Novorossiysk in the Black Sea. The vessel is operated by Maran Tankers Management, part of the shipping group controlled by Maria Angelicoussis.

Reports indicated the ship was struck by a missile or drone about 14 nautical miles from the port. The crew of 24, including Greek, Filipino and Romanian sailors, was not injured. The vessel, which was not carrying cargo, continued sailing under its own power.