Piraeus, July 6th 2021
PRESS RELEASE
PPA S.A.: Ferry Connection between Piraeus and Limassol
Tuesday, July 6th 2021. Captain Weng Lin and Angelos Karakostas, both Deputy CEOs of Piraeus Port Authority S.A., met yesterday at the company’s Headquarters with Cyprus Deputy Minister of Shipping, Mr. Vasilis Demetriades and the Director General at Cyprus Shipping Deputy Ministry, Mr Neophytos Papadopoulos to discuss about the Cyprus-Greece maritime link, more specifically, the ferry connection to link Piraeus and Limassol.
The Greece - Cyprus ferry link will be operated by a Passenger Ferry carrying passengers and vehicles between the ports of Piraeus and Limassol and will possibly include an additional intermediary stop at one of the Greek islands.
During the meeting all matters relating to the launch of the ferry link were discussed. Captain Weng Lin, Deputy CEO of Piraeus Port Authority S.A. has stressed out the importance of the maritime passenger connection linking the two countries sharing a long tradition in the maritime industry, while he highlighted the significance of the sea link on both an economic and touristic level. He added that this is not an easy endeavor given that for over twenty years Cyprus and Greece were not able to maintain a ferry link, however all necessary actions and steps were taken towards this direction.
Piraeus Port Authority SA is a Greece-based company engaged in the management and operation of Piraeus port, Greece largest post. The main activities of Piraeus Port Authority SA are ships’ anchoring services, handling cargo, loading and unloading services as well as goods storage and car transportation. The Company is also responsible for the maintenance of port facilities, the supply of port services (water, electric current and telephone connection, among others), for services provided to travelers and for renting space to third parties. The main shareholder of Piraeus Port Authority SA is COSCO SHIPPING with a stake of 51 percent, one of the world's largest maritime operators.
