China’s COSCO among bidders for Cyprus port operations


Chinese shipping company COSCO is among the companies which will be invited to submit details of their plans for taking up sections of Limassol port commercial operations, state radio reported on Sunday.

The report quoted Cyprus Port Authority president Alecos Michaelides as saying that the country’s Ministry of Transport has made a shortlist from among over 70 operators who had responded to an invitation in June for the commercial development of Cyprus’ main port of Limassol. Continue reading