DP World Limassol marks four years of successful operations

DP World Limassol marks four years of successful operations

Date: 03-05-2021

DP World Limassol marks four years of successful operations

More than 250 cruise ships and 400,000 passengers served since 2017 while over 3,500 commercial vessels and three million tonnes of cargo processed by the company

DP World Limassol, Cyprus March 5th, 2020

In the first four years of its 25-year concession agreement with the Republic of Cyprus, which marked the commercialization of the Limassol port, the company has recorded impressive results, leading to a considerable increase in government revenue from the port’s operations.

Overall, the firm has served more than 250 cruise ships and processed the arrival of over 400 thousand passengers in the past four years. In addition to this, in the transit trade arm of the business, the company processed a total of over 3,500 commercial vessels and over 3 million tonnes of cargo.

Commenting on the occasion of the anniversary, the Company’s CEO, Nawaf Abdulla, said: “DP World Limassol has produced impeccable results over the past four years. We are proud to have been chosen to operate this crucial port for the region and we strive every day to

“Despite the difficulties of the past 12 months, we remain dedicated to our aim of making Limassol port a leading port of choice for trade and cruises in the Eastern Mediterranean”.

Mr. Abdulla added that

Significant investment in equipment and technology has enhanced the port’s efficiency and competitiveness, allowing it to accommodate more vessels and reduce turnaround times, while successfully laying the foundation for its role in actively supporting the exploration of energy reserves off the coast of Cyprus and its neighbouring countries.

DP World Limassol has also made a considerable investment in machinery with the purchase of multiple cranes, container handlers, forklifts, tractors as well as other essential equipment, which successfully increased the port’s automation and resilience.

As a modern global business at the forefront of logistics and smart trade, DP World is committed to investing in digital solutions that increase efficiency and offer tangible benefits to its staff and customers. This strategy has been reflected in Limassol where the firm has launched several innovative digital products, including digital payment solutions, while ensuring it keeps up with the latest international procedural standards.

DP World Limassol is committed to continue to invest in the development of its various facilities providing specialized environment suitable to various business sectors.

-ENDS-

For DP World Limassol media enquiries and images please contact:

Evdokia Papadopoulou

Gnora Communications Consultants

T: +357 22 441922

F: +357 22 519743

Doros ArestiCommunications & Sustainability OfficerTel: +357 25858701

E-mail : doros.aresti@dpworld.com

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About DP World

We are the leading provider of worldwide smart end-to-end supply chain logistics, enabling the flow of trade across the globe. Our comprehensive range of products and services covers every link of the integrated supply chain – from maritime and inland terminals to marine services and industrial parks as well as technology-driven customer solutions.

We deliver these services through an interconnected global network of 136 business units in 61 countries across six continents, with a significant presence both in high-growth and mature markets. Wherever we operate, we integrate sustainability and responsible corporate citizenship into our activities, striving for a positive contribution to the economies and communities where we live and work.

Our dedicated, diverse and professional team of more than 53,360 employees from 137 nationalities are committed to delivering unrivalled value to our customers and partners. We do this by focusing on mutually beneficial relationships – with governments, shippers, traders, and other stakeholders along the global supply chain – relationships built on a foundation of mutual trust and enduring partnership.

We think ahead, anticipate change and deploy industry-leading digital technology to further broaden our vision to disrupt world trade and create the smartest, most efficient and innovative solutions, while ensuring a positive and sustainable impact on economies, societies and our planet.

About DP World Limassol:

In April 2016, DP World Limassol was awarded a 25-year concession to exclusively operate the multi-purpose terminal in Limassol. DP World Limassol multipurpose terminal comprises three multi-purpose quays.

Its activities include break-bulk, general cargo, Ro-Ro, oil & gas services and the brand-new passenger terminal. DP World Limassol provides a safe, stable and responsible environment for cruise itineraries in the eastern Mediterranean and further afield.

DP World Limassol aspires to make the terminal more productive and more sustainable, improving the port’s prospects for the long term, leading to better support to the community through jobs creation and better services for the wider Cypriot business community.

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