Multiple options for Larnaca marina being examined

Multiple options for Larnaca marina being examined

Options for Larnaca’s port and marina are being evaluated, with a commitment to inform the public about next steps soon. The Amalthea initiative at the port is currently not operating with cranes, but efforts are being made to increase output. Pay interruptions for employees are being handled by the labour ministry. Both a marina and a port will be the outcome of the project, with a re-evaluation of the types of cargo transported through Larnaca. The possibility of niche specialization for farmers and livestock operators is being considered. The project may involve breaking it down into smaller components and reducing its scale. The restart of the project may take time and changed circumstances must be taken into account. The state’s public works department may take on building roads and pumping stations to speed up the process.

Labour minister supports union, urges Kition to honour agreements

Labour minister supports union, urges Kition to honour agreements

Labour Minister Yiannis Panayiotou reiterated his support for the trade union Segdamelin Peo during a meeting with the Larnaca marina and port managing company Kition Ocean Port. The issue discussed was the company’s decision to employ external contractors for overtime work, which violated the agreement made with the workers in February.

Larnaca port and marina developer renewing financial guarantee

Larnaca port and marina developer renewing financial guarantee

Kition Ocean Holdings has agreed to renew their financial guarantee for the development of Larnaca’s port and marina. The amount of the financial guarantee under the contract is €10 million, but the consortium has currently placed €4.2 million. The guarantee is expected to be deposited in the coming days to allow the project to continue according to the contract terms. President Nikos Christodoulides chaired the meeting where this agreement was reached.

State stymied by delay in proposed changes by Larnaca port company

State stymied by delay in proposed changes by Larnaca port company

Fact: Transport Minister Alexis Vafeades clarified that stalled works on the multimillion euro Larnaca port revamp are due to a procedural hold-up by the managing company, Cypriot-Israeli consortium Kition Ocean Holdings.