Report: Greece Sets Deadline for Thessaloniki Port Bids

Investors have been given a deadline of March 24 to submit their bids for a majority stake in the second biggest Greek port, the port of Thessaloniki, Reuters cited sources close to the matter.

The port is being privatized under the same terms as its counterpart Piraeus, the majority stake of which was officially acquired by China’s port operator Cosco Group (Hong Kong) Limited in August 2016.

Reuters informed that some of the potential investors include terminal operators APM Terminals, International Container Terminal Services (ICTSI), P&O Steam Navigation Company and Mitsui & Co.

The sale of the 67 percent stake of the Piraeus Port Authority (PPA) and Thessaloniki Port Authority (THPA), which are being privatized within Greece’s bailout plan, was launched in 2014.

Earlier reports suggested that the privatization of the port of Thessaloniki sparked interest in Russia as the country’s President Vladimir Putin was cited as saying that Russia is interested in Greek tenders for “the purchase of assets of railway companies and the Thessaloniki port facilities.”

Greece was scheduled to invite investors to submit binding bids for the port at the end of September 2016, however, the deadline was postponed a number of times over disagreements on the amount of mandatory investments.

The buyer of the majority stake in Thessaloniki is reportedly expected to invest up to EUR 180 million in port development by 2021.

World Maritime News Staff

Share this article

Follow World Maritime News

In Depth>

Events>

<< Oct 2019 >>
MTWTFSS
30 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3

CrewConnect Global 2019

CrewConnect Global is the leading forum for collaboration to advance new industry approaches to seafarer recruitment and training.

read more >

The 5th CWC China LNG & Gas International Summit

Gain Access to Global LNG & Gas Decision Makers in China

Take a peek inside our 2019 Introductory Brochure and stay on top of this rapidly developing market.

See who is already working with us this year as Speakers, Sponsors and Partners – download your Preview Brochure today and meet them in Beijing on 15-16 October 2019.

As the world’s second largest LNG importer, China will remain the biggest contributor to global LNG demand growth in the foreseeable future. Network with global LNG & gas decision makers, buyers, NOCs and Government Officials at the industry’s leading international event in China.

More info

read more >

CEDA Dredging Days 2019

CEDA Dredging Days programme will follow its successful format of contributed peer-reviewed…

read more >

Offshore Wind Europe 2019

#OWEU19 is a meeting place for governments, developers and suppliers to grow the confidence in wind power. Perfect to grow your business by securing new customers, meeting officials and industry heads.

read more >