VTS services 80 vessels at Vasiliko jetty
The recent discovery of natural gas reserves, as well as the establishment by Vitol partners of a major energy storage hub near Limassol, have created new opportunities for companies such as Vasiliko Terminal Services, a sister company of Lavar Shipping.
The flagship company of the RPT Group, Lavar Shipping, established in 1965 by Pantelis Tsanos, was one of the very first shipping companies in Cyprus and has played a leading role in the evolution of the industry and the establishment of the island as a maritime hub. It is currently one of the top three shipping agencies in Cyprus, with an employee base of 30 Cypriot professionals.
VTS has provided marine services at the Vasiliko terminal of pilotage, towage, mooring and sludge collection services, since November 2014
Following aicense agreement signed with the Cyprus Ports Authority, VTS has serviced over 80 vessels at the VTTV jetty and has invested EUR 15 mln in two new ASD tugboats - VTS Keryneia and VTS Ammochostos unique to Cyprus and region.
“VTS has invested heavily in equipment infrastructure in order to perform marine services to the highest international standards, adhering to very strict health and safety procedures,” said Group CEO Reginos Tsanos.
“As a Cyprus-based and owned company we take pride in being able to set an industry standard within our own country, and hope to contribute to the growth and development of the energy and other sectors, as well as to the rejuvenation of the Cypriot economy.”
“The Cypriot shipping industry that my father boldly stepped into in 1965 is a world away from the environment in which we operate today”, said CEO Reginos Tsanos. “Then in its infancy, he had the foresight to identify the opportunities that our island had to offer, but at the same time had to overcome a number of difficulties and challenges.”
Today, Lavar Shipping is a multi-faceted organisation, offering traditional and specialised maritime services to the local and international industry, with its experienced agency team providing services including port agency, forwarding, technical support.
Lavar Shipping also plays an important role in ship-to-ship operations performed off Limassol Port limits and at designated points of anchorage.