Cyprus Terminates Larnaca Port Concession Over Development Dispute maritime-executive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from maritime-executive.com Daily Mail and Mail on Sunday newspapers.
The Cypriot government assumed control of Larnaca Port at midnight on Tuesday, following the termination of a 1.2 billion euro investment deal with Kition Ocean Holdings.The Deputy Government Spokesman, Yiannis Antoniou, said the transition was smooth, with the Cyprus Port Authority (CPA) now overse
The Cyprus Port Authority (CPA) continues its efforts to regain full control of Larnaca Port, having assumed its management from midnight on Monday, following the
The Ministry of Transport on Monday announced that it has terminated its agreement with Kition Ocean Holdings Ltd for the development of Larnaca port and marina.Officials delivered a termination notice to Kition Ocean Holdings this morning. The move follows a reported disagreement between the govern