Limassol Port Tariffs Under Investigation
The intention of the Ministry of Transport, Communications & Works is to conduct a study for the assessment of the protests of various stakeholders, regarding the tariffs of Limassol Port and their validity. The new formulae for the calculation of the said indexation for the tariffs, was implemented with the privatization of the Port of Limassol, following the 29th of January 2019, as per the Concession Agreements between the Grantor and the Operators.
The consumers are complaining that the first tariff increase arising from the indexation calculation for 2018 amounted to 7,2%, whilst for the year 2019 the increase amounts for a further 1%.
The Competent Ministry has presumed that the said complaints as expressed by various groups of stakeholders, must be further investigated and concerns are to be taken into serious account. Thus, the Ministry has proceeded into enabling tendering procedures for the appointment of a relevant Consultant to study and analyse the said issue.
More information can be found on the link below:
The Cyprus Shipping Association (CSA) was established in 1945, to provide a professional forum for the Shipping Agents of Cyprus. In 1954, following its registration under the provisions of the local Trade Unions Law, the Association became the official body representing the profession of the Shipping Agent in Cyprus. The Members of the Association are the leading and long established Shipping Agencies in the island.
The main aims of the Cyprus Shipping Association are:
As the spokesman for the Shipping Agents in Cyprus, the Cyprus Shipping Association ensures that its voice is heard on public issues affecting its members and contributing to the solution of all their problems. The Association also acts as liaison, negotiator and representative for its members in their dealings with the Government, the Legislature, the Port Authorities, the Department of Customs, the Business Community, the Trade Unions and all other interested parties.
With the Shipping Agent being actively involved in the operation and marketing of the Cyprus Ports, the Cyprus Shipping Association plays an important role in port affairs, taking part in the formation of policies applied and the solution to problems arising. The Association maintains close links with other local and international professional bodies pursuing common objectives. Its international affiliations include membership of the Federation Of National Associations of Ship Brokers and Agents (FONASBA), the Baltic and International Maritime Council (BIMCO) and the the International Cargo Handling Co-ordination Association (ICHCA). At local level it is a member of the Cyprus Chamber of Commerce and Industry (C.C.C.I) and the Employers and Industrialists Federation of Cyprus (E.I.F).
The Cyprus Shipping Association further provides its members with a platform for the exchange of professional experiences of common interest and acts as a centre for the collection, evaluation and distribution of information on local and international developments relevant to the profession and the port industry in general. In a day and age of revolutionary changes and of enormous growth in competition, the Association places increased emphasis on the upgrading of the skills of its members and their staff, the technological advancement of their operations and the strategic planning of their activities.
