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Nicosia faces heat over Larnaca port

Nicosia faces heat over Larnaca port

Kition Ocean Holdings criticized the Cypriot government’s handling of the transition at Larnaca Port and Marina, citing the lack of planning and a smooth handover process. The government issued a termination notice of the concession agreement, ordering the company to vacate immediately. This decision led to disruptions in operations, affecting staff and asset transfers.

Despite the concession agreement’s provision for a notice period, the government’s actions did not align with a smooth transition. Kition Ocean Holdings accused the government of inadequacy in managing the situation and not implementing a proper plan for the handover. This conflict has raised concerns about the future operations and management of Larnaca Port and Marina.

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