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Hamilton Reserve Bank Signs New Cyprus Deal To Expand Regional Reach

Hamilton Reserve Bank has signed a cooperation agreement with Nicosia-based corporate finance and advisory firm SEE Capital Hamilton Ltd to develop business contacts in Cyprus, Greece and Israel.

Announced on August 6, the agreement covers independent marketing and prospective client referrals. SEE Capital Hamilton will introduce potential clients to the bank and assist with regional market research.

The company is not a bank, branch or representative office of Hamilton Reserve Bank in Cyprus and is not licensed to accept deposits. It will not provide banking services, approve clients or open accounts.

All banking services will be provided directly by Hamilton Reserve Bank, with prospective clients subject to the bank’s due diligence and compliance procedures.

Focus On The Region

Hamilton Reserve Bank said SEE Capital Hamilton has business relationships across Cyprus, Greece and Israel, while the bank aims to increase its visibility among businesses and professionals in the region.

Chairman Sir Tony Baldry said the bank is looking to serve shipowners, businesses, lawyers, bankers, family offices and financial advisers across Southern Europe, Israel and beyond.

No Banking Branch In Cyprus

Hamilton Reserve Bank is not listed in the Central Bank of Cyprus register of domestic or foreign credit institutions and branches operating in the Republic.

Under Cyprus regulations, a credit institution licensed in a third country must obtain the relevant authorisation to operate through a local branch. The new agreement therefore does not establish a banking branch for Hamilton Reserve Bank in Cyprus.

About The Bank

Hamilton Reserve Bank is based in Nevis, part of the Federation of Saint Kitts and Nevis. According to the bank, it serves clients in around 150 countries and offers services in 126 currencies, with more than $20 billion in deposits and assets under custody.

SEE Capital Hamilton is described as a private investment and advisory company providing business development services and introducing clients to new markets.

Europe’s Busiest Ports Show The Scale Of Maritime Trade

Maritime transport carried roughly 13 billion tonnes of goods worldwide in 2024, highlighting its central role in global trade and supply chains. EU ports handled about 3.4 billion tonnes, or 26% of the global total, while nearly 90% of the bloc’s external freight trade is carried by sea.

Rotterdam And Antwerp-Bruges Lead The EU

Rotterdam was the EU’s busiest port in 2024, handling 397.3 million tonnes of goods. Antwerp-Bruges ranked second with 243.7 million tonnes, putting the two northern European hubs well ahead of the rest.

Hamburg ranked third at 97 million tonnes, followed by Spain’s Algeciras at 81.5 million tonnes and Amsterdam at 78.8 million tonnes. France’s HAROPA port complex, covering Le Havre and Rouen, handled 76.6 million tonnes, while Gdansk recorded 71 million tonnes.

Marseille and Valencia followed with 66 million and 64.5 million tonnes, respectively. Romania’s Constanta completed the top 10 at 57.6 million tonnes, reflecting the Black Sea’s role in Europe’s wider trade network.

Europe’s Second Tier Of Major Ports

Several ports handled between 40 million and 56 million tonnes in 2024. Barcelona recorded 55.5 million tonnes, followed by Trieste at 53.5 million, Genoa at 47.4 million and Sines at 44.1 million.

Piraeus handled 43.7 million tonnes, while Germany’s Bremerhaven recorded 42.5 million. Sweden’s Göteborg handled 38.5 million tonnes and Dunkerque in France 36.8 million.

Netherlands Leads By National Port Volume

Looking at total cargo across each country’s ports, the Netherlands ranked first with 538.1 million tonnes in 2024. Italy followed with 488.6 million tonnes and Spain with 486 million tonnes, putting all three well ahead of the rest of the EU.

Belgium ranked fourth at 274.9 million tonnes, followed by Germany at 273.9 million and France at 269.8 million. Greece, Sweden and Poland each handled more than 100 million tonnes, showing the breadth of Europe’s maritime network.

Turkey Expands The Regional Picture

Including EU candidate countries and EFTA members puts Turkey in second place with 524.7 million tonnes, behind the Netherlands. Norway ranked eighth with 212.1 million tonnes and handled 212.1 million tonnes.

The European Commission has described maritime transport as a long-standing driver of European economic development. Its role now extends beyond moving cargo, with ports increasingly tied to supply chains, energy security and industrial policy.

In March 2026, the Commission adopted two strategies focused on competitiveness, sustainability, security and resilience across the EU’s waterborne sector, including ports, shipping and shipbuilding.

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