{"id":13300,"date":"2024-05-27T14:01:00","date_gmt":"2024-05-27T11:01:00","guid":{"rendered":"https:\/\/ch.jfdi.cc\/?p=13300"},"modified":"2024-05-27T14:01:00","modified_gmt":"2024-05-27T11:01:00","slug":"govt-scraps-larnaca-marina-project-updated","status":"publish","type":"post","link":"https:\/\/ch.jfdi.cc\/?p=13300","title":{"rendered":"Govt scraps Larnaca marina project (updated)"},"content":{"rendered":"<div><img decoding=\"async\" src=\"http:\/\/ch.jfdi.cc\/wp-content\/uploads\/2024\/05\/govt-scraps-larnaca-marina-project-updated.jpg\" class=\"ff-og-image-inserted\"><\/div>\n<p>The multibillion Larnaca port and marina project was scrapped on Monday amid rifts between both parties.<\/p>\n<p>The government moved to terminate the deal after the legal service opined Kition Ocean Holdings was in breach of contract.<\/p>\n<p>The government, Transport Minister Alexis Vafeades said, was <strong>left with no choice but to terminate the contract<\/strong>.<\/p>\n<p>The project will now only be able to move forward with a new tender.<\/p>\n<p>Vafeades said Kition had been sent four written warnings and had committed to President Nikos Christodoulides that they would pay an outstanding amount of the guarantee.<\/p>\n<p>Last month, he had threatened legal action after Kition Ocean Holdings had failed to pay its guarantee payment.<\/p>\n<p>\u201c<strong>Even though they said they would, to this day the guarantee has not been paid<\/strong>,\u201d Vafeades said.<\/p>\n<p>The government, Vafeades said, would continue to operate the port without any interruption of services.<\/p>\n<p>Vafeades will be in Larnaca on Friday to speak to the mayor and local communities.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The multibillion Larnaca port and marina project was scrapped due to Kition Ocean Holdings being in breach of contract.<\/p>\n","protected":false},"author":3,"featured_media":13301,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"Default","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[11345,10898,1031,2536,415,7177,6255,157,119,1092,6234,7702,2120,4832,148,347,6539,4086,9597,193,7378,1220,8886,6256,4843,503,4753,4441,1806,8239,907,409,11263],"class_list":["post-13300","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cyprus","tag-breach-of-contract","tag-choice","tag-christodoulides","tag-communities","tag-government","tag-guarantee","tag-kition-ocean-holdings","tag-larnaca","tag-larnaca-marina","tag-larnaca-port","tag-larnaca-port-and-marina","tag-larnaca-port-and-marina-project","tag-legal-action","tag-legal-service","tag-local","tag-marina","tag-marina-project","tag-mayor","tag-move","tag-nikos-christodoulides","tag-parties","tag-port","tag-port-and-marina","tag-port-and-marina-project","tag-president","tag-president-nikos-christodoulides","tag-project","tag-service","tag-services","tag-transport","tag-transport-minister","tag-vafeades","tag-warnings"],"acf":{"keyphrase":"","keywords":"","sourceimg":"","country-category":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Govt scraps Larnaca marina project (updated)<\/title>\n<meta name=\"description\" content=\"port project. 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