Port News & Information Mediterranean, Black & Caspian Seas

Cyprus scraps €1.2 bln development contract of Larnaca port

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Larnaca, Cyprus (Ports Europe) May 28, 2024 – The 1.2 billion euro redevelopment contract for the port and marina of Larnaca in Cyprus with Kition Ocean Holdings has been terminated as of May 27 due to legal disagreements. Operator Kition Ocean Holdings held a long-term lease to develop and operate the commercial port and the…

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