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28 February 2019

 

DP Word Limassol joins Cyprus trade delegation to Egypt  

 

Limassol, Cyprus – 27th February 2019: Representatives of DP World Limassol formed part of the trade delegation of Cyprus Investment Promotion Agency (Invest Cyprus) and the Cyprus Hydrocarbons Company (CHC) that visited the Egypt Petroleum Show (EGYPS 2019) which took place on the 11th to 13th of February in Cairo, Egypt.  EGYPS 2019 is the premier hydrocarbons trade show in Egypt offering an unparalleled meeting point for the energy and hydrocarbon community.

DP World Limassol is one of the leading companies in the region providing support services to the Oil and Gas industry. The company’s current oil and gas dedicated zone at the Limassol port serves companies such as ENI and ExxonMobil, who are currently involved in Cyprus Exclusive Economic Zone (EEZ) Oil and Gas exploration programme.

The advantages of DP World Limassol’s strategic proximity to operations in the Eastern Mediterranean are complemented by well-developed facilities and services, making it one of the region’s leading marine centres for the industry. DP World Limassol is currently enhancing the current services with plans to upgrade infrastructure as well as services offered in order to be able to respond appropriately to the increased needs of the companies operating in the Cypriot EEZ.

Mr. Lazaros Charalambous, Commercial Manager commented “It was a pleasure to have participated in one of the most important international exhibitions for the hydrocarbons industry. Given that DP World Limassol is an integral part of the country’s energy sector and continues to support the effort to establish Cyprus as an energy hub. This event is an opportunity to showcase our capabilities to international participants and find new partners to develop promising projects.”

The Egypt Petroleum Show was held under the patronage of Abdel Fattah el-Sisi, President of the Arab Republic of Egypt, and was attended by over 20,000 participants and 500 companies from around the world.

 

-ENDS-

 

For DP World Limassol media enquiries and images please contact:

Doros Aresti
Communications Officer
DP World Limassol
Tel: +357 25858701

E-mail : doros.aresti@dpworld.com
 

Follow DP World on:
Twitter: https://twitter.com/DP_World
LinkedIn: https://www.linkedin.com/company/dp-world

 

Follow DP World Limassol on:
Twitter: https://twitter.com/DPWorldLimassol

 

 

About DP World

DP World [1] is a leading enabler of global trade and an integral part of the supply chain. We operate multiple yet related businesses – from marine and inland terminals, maritime services, logistics and ancillary services to technology-driven trade solutions.

We have a portfolio of 78 operating marine and inland terminals supported by over 50 related businesses in over 40 countries across six continents with a significant presence in both high-growth and mature markets. We aim to be essential to the bright future of global trade, ensuring everything we do has a long-lasting positive impact on economies and society. 

Our dedicated team of over 36,000 employees from 103 countries cultivates long-standing relationships with governments, shipping lines, importers and exporters, communities, and many other important constituents of the global supply chain, to add value and provide quality services today and tomorrow.

Container handling is the company’s core business and generates more than three quarters of its revenue. In 2017, DP World handled 70.1 million TEU (twenty-foot equivalent units) across our portfolio. With its committed pipeline of developments and expansions, the current gross capacity of 88.2 million TEU is expected to rise to more than 100 million TEU by 2020, in line with market demand.

By thinking ahead, foreseeing change and innovating we aim to create the most productive, efficient and safe trade solutions globally.

 

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.

 

[1]  As of February 2018