TradeWinds, reporting from Maritime Cyprus this week, heard major Greek owner George Procopiou proclaim that shipping has “risen from the dead”. Pointing to the extreme swings in the fortunes of the dry bulk, container and most recently tanker market, the Dynagas tycoon said shipping was not for the fainthearted.

The conference also heard a plea by Cypriot president Nicos Anastasiades that sanctions against Russia should