Greece Receives Three Bids for Thessaloniki Port

Greece has received three bids for the acquisition of the 67 percent stake in the Thessaloniki Port Authority, the second largest port in the country, the Greek privatizations agency, Hellenic Republic Asset Development Fund, informed.

The bids were submitted on March 24 by the Philippines-based International Container Terminal Services (ICTS), UK-based Peninsular and Oriental (P&O) Steam Navigation Company (owned by DP World) and German private equity firm Deutsche Invest Equity Partners GmbH.

HRADF added that the tender evaluation process would now be launched.

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.

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.

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

CruiseConnect Global 2019

Attend CrewConnect Global and stay on for the CruiseConnect Summit to take part in an industry-wide conversation focused…

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 >

6th Mozambique Gas Summit & Exhibit

This year’s edition will have a revamped programme for attendees.

read more >