Scandro Holding Ltd is the winning bidder for the Greece – Cyprus line

By | 2022 Newsletter week 18 | No Comments

Scandro Holding Ltd is the winning bidder (EUR 15.59 million) for the much-expected Greece-Cyprus line.

  • Joint venture between Acheon Akti Navigation and tour operator Top Kinisis Travel
  • Ports: Limassol-Piraeus
  • Ship: DALEELA (1991), Arab Ship Management
  • Journey: 30 hours
  • Capacity 400 passenger and 100 vehicles
  • First crossing: 19 June 2022
  • Number of crossings in 2022: 22 return voyages
  • Last crossing: 16 September 2022

The Cypriot government has committed to funding the connection with EUR 5,5 million per year for a period of three years and a total of EUR 16,5 million.

Photo: Arab Ship Management

Three candidates for the Greece – Cyprus line

By | 2022 Newsletter week 5 | No Comments

The European tender for the selection of a Ferry Operator for the Greece – Cyprus line was successful. Three bids were submitted:

  • Scandro Holding Ltd (EUR 15,594,000)
  • N.RORO. Business Ties Ltd (EUR 14,100,000)
  • Kiara Naftiki Etairia (SeaJets)(EUR 16,500,000)

The evaluation committee will consider the proposals and they hope they have a result by the end of February.
The service will be offered on a weekly basis between April-May to September-October only as a seasonal service and have 22 return sailings annually on a limited service during peak periods.

The Cypriot government would include a subsidy of 5.5 million for a three-year contract (option for an extension for another three years).
The goal is to complete the procedure and start the line, after 21 years, next May.