Cyprus’ largest investment project, the €1.2 bln redevelopment of Larnaca port and marina, is on track as the final touches are added to the blueprints before the consortium takes over next April.
DP World, an operator of ports and cargo terminals in 40 countries that won the 25-year concession for Limassol in 2016, has installed its cloud-based terminal operating system (TOS) at the Cypriot
Limassol port has lost business in the four years since it was privatised, due to higher rates and competition from rival destinations, the owner and regulator told parliament this week with Opposition
Long-awaited €1.2 bln redevelopment of Larnaca port and marina jumped the final hurdle on Friday as the Cyprus government signed contracts with Cypriot-Israeli investors. At the signing ceremony, President Nicos Anastasiades expressed
By Panos Alexandrou Following a three-year international public tender procurement, the Republic of Cyprus reached an agreement in March with a consortium known as Kition Ocean Holdings consisting of a Cypriot and
The long-awaited €1.2 bln redevelopment of Larnaca port and its marina got the final green light from the government on Friday with construction scheduled for January 2022. Transport Minister Yiannis Karousos, in
Deputy Shipping Minister Vassilis Demetriades visited Limassol port to review its facilities and discussed the potential of using the island’s main cruise terminal as the home for a renewed Cyprus-Greece ferry link.
The long-awaited €1.2 bln redevelopment of Larnaca port and its marina got the final green light Monday after the Transport Ministry sent a ‘Successful Tenderer Letter’ to the chosen consortium after protracted
Larnaca port and marina redevelopment project has hit a four-month delay in signing contracts with MPs demanding an update from the government but officials said the wait will soon be over. Larnaca’s
In the biggest facelift, Larnaca has witnessed the port and marina redevelopment project will change the town’s future landscape creating 4,000 jobs and generating billions for the economy. Cyprus has reached an