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Cyprus Ports Authority Initiates OPS System Study for Limassol Port

by THEFUTURE.TEAM

July 29, 2025

Strategic Move for Maritime Decarbonisation

The Cyprus Ports Authority (CPA) has embarked on a pivotal step towards environmental sustainability by commissioning a detailed study in collaboration with DBA S.p.A. The firm is tasked with analysing the development of an onshore power supply (OPS) system at Limassol Port—a critical component in Cyprus’ strategy to reduce maritime emissions.

Comprehensive Evaluation for Future Readiness

The study will meticulously assess the technical, economic, and environmental dimensions of the planned OPS installation. This analysis includes the evaluation of necessary upgrades to the existing port infrastructure. The goal is to establish a robust framework that will enable vessels to connect to the local power grid, thereby powering down engines during docking and minimizing idling emissions.

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Alignment With EU Climate Mandates

This initiative is intrinsically linked to the European Union’s climate agenda, including the objectives laid out in the Green Deal and the broader drive to decarbonise maritime transport. Recognised as a project of strategic importance for Cyprus, the OPS system is expected to play a crucial role in reducing the carbon footprint of port operations while bolstering the island’s commitment to sustainable practices.

Collaborative Effort Under the DecarbonLIM Project

The OPS study forms part of the extensive DecarbonLIM project—’Decarbonising Limassol Port Through OPS and Renewable Energy Solutions’—which receives co-funding from the European Union. The project reflects a collaborative effort involving CPA, Frederick University, the Electricity Authority of Cyprus (EAC), the Transmission System Operator (TSOC), the Municipality of Limassol, and key operational partners such as DP World Limassol Ltd and Eurogate Container Terminal Limassol Ltd. Together, these stakeholders are set to drive a significant transformation, positioning Limassol Port at the forefront of eco-friendly maritime operations.

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Airbnb Unveils Reserve Now, Pay Later Option For U.S. Guests

by THEFUTURE.TEAM

August 15, 2025

Introduction

Airbnb has introduced an innovative payment solution designed to enhance user flexibility for U.S. travellers. The new “Reserve Now, Pay Later” feature enables users to secure a booking without an upfront payment, offering a streamlined cancellation process should plans change.

Flexible Payment Terms

This new option applies to listings that feature either flexible or moderate cancellation policies. Under a flexible policy, guests can cancel their reservation up to 24 hours before check-in, while a moderate policy offers no-fee cancellations until five days prior to arrival.

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Payment Timing and Reminders

Regardless of the cancellation window, guests are obligated to complete the full payment before the expiration of the free cancellation period. Airbnb ensures a smooth experience by sending timely payment reminders to avoid any last-minute issues.

Evolution of Airbnb’s Payment Solutions

This initiative builds on Airbnb’s previous forays into flexible payment structures. In 2018, the company offered a partial upfront payment model, and more recently, a collaboration with Klarna enabled guests to pay in four installments over six weeks. Such strategic advancements demonstrate Airbnb’s commitment to adapting and refining its payment solutions to meet evolving consumer demands.

Consumer Insight Driving Innovation

Airbnb’s decision to launch the “Reserve Now, Pay Later” feature reflects robust consumer demand, with recent surveys indicating that 55% of respondents prefer flexible payment options. Additionally, 42% noted missed opportunities due to payment complexities when coordinating with travel companions, underlining the need for simplified financial arrangements.

Conclusion

By enhancing payment flexibility, Airbnb not only broadens its appeal but also addresses critical customer pain points, reinforcing its position as a leader in the evolving travel market. This initiative exemplifies how strategic innovation can drive customer satisfaction in an increasingly competitive landscape.