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Eurogate completes first phase of Limassol port investment

Limassol, Cyprus (PortSEurope) June 10, 2019 – Eurogate Container Terminal Limassol Ltd has announced the completion of the first phase of investments at its Limassol Container Terminal, valued at €30m ($33.9 million).

The installation of new equipment gives the terminal the capacity to handle the largest container ships and attract transhipment business.

The modernisation of the container terminal’s operating systems and infrastructure as well as the adoption of best international practices, have turned the Limassol port into one of the most advanced ports in the Eastern Mediterranean.

In 2017, Eurogate served 547 ships and a total of 210,055 containers, while in 2018 it served 639 ships and 234,497 containers, recording an increase of 16.8% and 14.1%, respectively.

The port of Limassol is the main port in Cyprus. It handles 90 per cent of the export and import volumes of the country. EUROGATE took over operations of the container port on 29 January 2017.

EUROGATE is Europe’s leading shipping line-independent container terminal operator. 

Source: In Cyprus

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