Business

DP World: Limassol port to become a leading maritime hub

By Advertorial

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DP World: Limassol port to become a leading maritime hub

DP World Limassol is committed to transforming Limassol port into a leading maritime hub, with the company working closely with stakeholders to support Cyprus’ sustainable economic growth, CEO Simon Pitout told Forbes in an interview.

He said one of the key initiatives under review is the development of an onshore power supply system that would allow vessels to switch off their engines while connected to the local grid, reducing emissions. He added that plans are also advancing for renewable energy generation at the port, including the installation of solar panels.

Having worked in different regions, what unique opportunities or challenges do you think Cyprus presents compared with other markets?

Cyprus offers a distinctive set of opportunities and challenges. Its strategic location at the crossroads of Europe, Africa, and the Middle East, positions the country as a natural hub for trade and energy, particularly as recent natural gas discoveries in the wider region highlight its potential role as an emerging energy centre.

While there are other ports in the region offering support for offshore energy operations, what really sets DP World Limassol apart is its capability to deliver integrated logistics solutions tailored to the complexities of the sector.

We have also expanded into new areas such as automotive transit, which has recently returned to Cyprus after more than two decades. Cruise tourism is another area of strength, with significant growth reflected in over 140 expected calls this year and the establishment of home-port operations.

At the same time, Cyprus must address the pressing challenge of aligning port operations with EU sustainability targets. We are working closely with stakeholders on projects such as onshore power supply and renewable energy integration, in line with the DP World Group’s broader commitment to achieving net-zero emissions by 2050.

Limassol port serves critical sectors like general cargo, oil & gas, and RO-RO traffic. Are there any emerging trends or opportunities you’re tracking in those markets?

Limassol Port plays a central role in supporting diverse sectors, and we are seeing several emerging trends across these markets. In oil and gas, Cyprus’ offshore discoveries, as well as those in the wider region, are creating significant demand for specialised logistics, fabrication, and support services, positioning Limassol as an important energy hub. Exxon, ENI, Chevron, Saipem, TechnipFMC, and Total have all used the port’s integrated logistics solutions during various phases of exploration within Cyprus’ Exclusive Economic Zone and the region.

In the general cargo sector, we have invested in new handling equipment and digital systems that allow us to process shipments more efficiently, which is essential given ongoing supply chain pressures. Another promising development is the return of regular Ro-Ro automotive transit business after more than two decades. This reflects growing confidence in Limassol as a gateway for regional automotive trade and opens new opportunities for storage and distribution of other cargoes.

You said that DP World is committed to becoming a net-zero logistics operator by 2050. What specific sustainability projects are in the pipeline at Limassol port to support this goal?

Sustainability is at the core of DP World’s global strategy, and at Limassol Port we are actively reviewing projects that will contribute to our net-zero ambition by 2050. One of the most important initiatives underway is the development of an onshore power supply system, which will allow vessels to switch off their engines while berthed and connect to the local grid, significantly reducing emissions. We are also advancing plans for renewable energy generation at the port, including the installation of solar panels. In addition, we continue to invest in modern, energy-efficient cargo-handling equipment and in digital technologies that streamline operations, reduce vessel turnaround times, and lower the overall environmental footprint.

Are you working on any new infrastructure or technology projects?

Our focus is on innovating and optimising our assets, so we can offer solutions to meet our partners’ and customers’ needs and advance global trade reliably, efficiently and responsibly.

Over the past year, we have invested significantly in new cargo-handling equipment. On the technology side, we have rolled out a cloud-based Terminal Operating System and digital payment solutions, which have enhanced transparency, customer service, and operational control.

What are your top strategic priorities for the port over the next few years?

DP World Limassol is committed to developing Limassol port into a premier maritime hub, working closely with stakeholders to support Cyprus’ sustainable economic growth. Our vision is to become the region’s leading port operator, delivering significant benefits to the local economy and positioning Cyprus as a gateway to the Eastern Mediterranean.

Over the past five years, we have processed more than 4 million tonnes of cargo and handled over 5,000 commercial vessels without delays or congestion, ensuring smooth and reliable trade flows. In the same period, we have imported and exported over 160,000 RO-RO multipurpose units, re-establishing Cyprus as a key player in the regional automotive and multipurpose cargo trade.

Our priority is to improve efficiency, expand our product and service offering and attract new trade flows.

Despite regional geopolitical volatility, we are on track to handle over a million passengers since the start of operations in Limassol, and we are committed to expanding Cyprus’ footprint in the cruise sector further.

Cruise tourism is a proven economic multiplier: on average, each visiting passenger spends between €70–€100 during their short stay, contributing directly to local businesses like excursion organisers, restaurants, shops, and transport. This translates into tens of millions of euros in local economic benefit, while also showcasing Cyprus’ culture, gastronomy, and heritage to global visitors.

This year, Limassol port expects around 140 cruise ships and over 160,000 passengers – a marked improvement on 2024, which saw 106 cruises and 109,000 passengers.

DP World Limassol also welcomed the inaugural call of Marella Discovery II in April, the first full ‘home port’ cruise our terminal has seen in several years, with passengers departing from and returning to Limassol every week. Other cruise lines, including Royal Caribbean, Norwegian, Celebrity, TUI Cruises, RSSC and Mano Maritime have, or will be docking in Limassol, with July and October expected to be the busiest months.

How will the new EU Ports Strategy affect DP World Limassol?

The EU Ports Strategy outlines priorities to address current and future challenges facing European ports, focusing on strengthening competitiveness, driving the energy transition, enhancing security, promoting innovation, improving skills and social conditions, and supporting investment and financial resilience. The strategy will undoubtedly affect port operations across Europe, including at DP World Limassol.

As a logistics and energy hub, DP World Limassol already adheres to stringent safety, environmental and security protocols designed to protect assets and maintain the integrity of the port. Health and safety are placed at the core of its operations, with policies that safeguard clients and personnel and ensure that all processes meet international standards, reducing risk and enhancing overall operational efficiency. Environmental responsibility is also a key focus, with strategies that prioritize reducing the port’s environmental footprint and working alongside clients to adopt sustainable practices in the energy sector.

In this context, the EU Ports Strategy reinforces priorities DP World Limassol has already set: investing in onshore power supply systems, renewable energy projects, and energy-efficient equipment.