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

Urals Oil Prices at Russian Ports Rise Amidst Cheaper Freight Costs

Carga Releases Upgrade to Cargo Management Platform

UK Grants $85M to Develop Port Talbot Floating Wind Hub

Current News

PSA Singapore Chooses Motorola Solutions’ TETRA Radio Technology During Port Expansion

How the MV Estonia Disaster Reshaped Passenger Ship Safety

Hazardous Cargo Compensation Regime Close to Entry into Force

Iran Could Offer Oman Exit Proposal

Subscribe for Maritime Logistics Professional E‑News