Cyprus plans to abolish initial ship registration fees
Cyprus continues to address every facet of its maritime offering to lure more shipowners to the island. The country’s deputy minister for shipping Natasa Pilides has revealed plans to abolish initial ship registration fees to boost one of Europe’s fastest growing flags. Members of parliament will vote on the issue later this month with a view to making the regulation official in time for Cyprus’s shipping week, which kicks off on October 6. The Cypriot register today is the 11th largest in the world with 24.4m gt on its books.
DP World Limassol: New investments for Limassol port
Two and a half years after taking over the operations of the Multi-Purpose and the New Cruise Terminals at the Limassol port, DP World Limassol on Wednesday presented the upgrades and investments in infrastructure and equipment. The company said that it had acquired brand-new equipment in January 2019 as part of an ongoing upgrade of the Limassol port infrastructure. The new machinery was put into operation in March 2019, following intensive training of staff and has contributed to speeding up operations at the Multi-purpose port terminal. More specifically, the new equipment includes: A new, high-tech LHM 420 mobile harbour crane, with maximum lifting capacity of 144 tons and radius of 54 metres enhancing the efficient handling and transportation of bulk cargo, general cargo, containers, oil and gas.
DP World Opens Limassol Passenger Terminal
The new cruise passenger terminal at DP World Limassol was inaugurated on May 7th, 2018 by Cyprus President, His Excellency Mr. Nicos Anastasiades; Minister of Transport, Communications and Works, Mrs. Vassiliki Anastassiadou; the Mayor of Limassol, Nicos Nicolaides and DP World Group Chairman and CEO, Sultan Ahmed Bin Sulayem. The operational opening of the terminal was attended by almost 300 guests and will enable the largest cruise ships in the world to visit the country for the first time. It provides world-class facilities and services for passengers and features seven pods with a total floor area of 8,205 m2. The terminal is designed to facilitate both Transit (day call) and Turnaround (home porting) services. In addition, the East berth with a length of 480m and depth of 11m is able to handle the largest cruise vessels in the world.Upload News