Greece Launches Tender for Stake Sale in Lavrion Port

Wednesday, March 6, 2024

Greece has invited investors to submit an expression of interest for a stake of at least 50% in its Lavrion port near Athens, its privatization agency HRADF said on Wednesday.

The port, due to its proximity to popular tourist destinations such as the Cyclades islands and Greece's busiest airport, the Athens International Airport, is suitable for the development of a cruise terminal and a marina for yachts.

Following the expression of interest, shortlisted investors will be invited to submit binding bids, the Hellenic Republic Asset Development Fund (HRADF) said in a statement.

The port has the right to use and develop land, buildings and facilities under a concession agreement with the Greek state which ends in 2062.


(Reuters - Reporting by Angeliki Koutantou, editing by Ed Osmond)

Categories: Ports Europe

Related Stories

PANYNJ, CALSTART Launch Electric Truck Incentive Programs

Great Lakes Ports and Shipyards Formalize Partnership

La Spezia Container Terminal Signs Contracts for Ship-to-Shore, Yard Cranes

Current News

Russian Oil Freight Rates to India Remain High

EU Wheat Falls Further As Market Awaits Black Sea Diplomacy

Russia Ships More Than 10 Million Barrels of Crude to China Via Northern Sea Route

Baltic Index Hits Almost Five-Year High

Subscribe for Maritime Logistics Professional E‑News