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CMC: Multimarine’s Lack Of Construction Knowledge Resulted In Their Failure To Meet Any Contractually Agreed Milestones

CMC: Multimarine’s Lack Of Construction Knowledge Resulted In Their Failure To Meet Any Contractually Agreed Milestones

CMC subcontracted the Jetty Superstructure to VPSM in November 2022, with an agreed completion date for the jetty by September 30, 2023


Clarifications is given by CMC concerning an article that was published to the media about the subcontractors with an announcement that says that ”falsely highlighted the assistance provided by the CMC’s terminated subcontractor VPSM, a joint venture between Multimarine of Cyprus and Spanopoulos of Greece and the intention of using them to complete the remaining works in Cyprus”.

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