Greece Asks Investors to Improve Bids for Thessaloniki Port Sale

April 7, 2017

Greece's privatisation agency (HRADF) asked on Friday for improved financial bids from shortlisted investors seeking to buy a majority stake in its second-largest port.

Athens got last month three offers for the sale of a 67 percent stake in Thessaloniki Port, which is required as part of its international bailout.

The investors are Philippines-based International Container Terminal Services (ICTS), Dubai-based P&O Steam Navigation Company (DP World) and German private equity firm Deutsche Invest Equity Partners which is bidding jointly with France's Terminal Link SAS.


(Reporting by Angeliki Koutantou)

Logistics News

AD Ports Group Signs Dredging Agreement to Expand Karachi Terminals Throughput

AD Ports Group Signs Dredging Agreement to Expand Karachi Terminals Throughput

IMO Secretary-General Visits Panama Maritime Authority

IMO Secretary-General Visits Panama Maritime Authority

WR Logistics Appoints Marc Fischborn as Managing Director for Germany

WR Logistics Appoints Marc Fischborn as Managing Director for Germany

Rotterdam's Offshore CO2 Pipeline Completed

Rotterdam's Offshore CO2 Pipeline Completed

Subscribe for Maritime Logistics Professional E‑News

Plains buys stake in EPIC Crude for $1.6 billion in oil pipeline deal
Witnesses claim to have seen the train used by Kim Jong Un in Beijing.
Enbridge will proceed with the Algonquin Gas Transmission Pipeline Expansion Project