Cyprus has scrapped a 1.2 billion euro ($1.30 billion) concession agreement for the development of Larnaca port, in a legal wrangle that the state and the contractor traded blame for on Monday. Operator Kition Ocean Holdings held a long-term lease to develop and operate both a yachting marina and a...
https://www.hellenicshippingnews.com/cyprus-scraps-1-3-billion-port-concession-in-legal-wrangle/