Binding bids for Greece’s Thessaloniki port expected end September – sources


Greece will invite investors to submit binding bids for a majority stake in the country’s second largest port in Thessaloniki at the end of September, sources close to the privatisation said on Monday.

Under its third international bailout agreed in July, Greece will sell a 67 percent stake in the port. Investors will be asked to make mandatory investments of about 220 million euros in the port, one of the sources said.

Denmark’s container terminal operator APM Terminals, Phillipines-based International Container Terminal Services ICTS and Dubai-based P&O Steam Navigation Company (DP World) were strongly interested in the Thessaloniki port, the head of the country’s privatisation agency said last month.

Source: Reuters 

Previous Next

In Conversation with Mr Neeraj Bansal, Deputy Chairman, JNPT

View More Videos


India Ship Management Summit 2016

View All Albums