Brussels, 27 April 2021
It has been four years since Eurogate Container Terminal Limassol Ltd took over the management of the container terminal at Limassol port.
During these four years, Eurogate has significantly improved the infrastructure and services offered at the Cyprus-based terminal by lowering processing time and offering safe cargo storage and management solutions.
Eurogate has invested over €30 million, for example, in cranes as well as in 17 new straddle carriers and two empty container stackers.
Due to an innovative IT system which is connected to the Customs Department, the Port Authority and shipping offices, processing time for containers has been reduce and it takes significantly less time for containers to be released for collection (only 20 minutes as compared to 12-24 hours previously).
The Eurogate Limassol Container Terminal has also recently been granted AEO certification, partly due to the safe storage of goods at the terminal.
The terminal has seen volume reductions during the COVID-19 pandemic, but overall, a workload growth of around 10% was recorded in the past four years.Source: Financial Mirror