Greece Launches Tender for Stake Sale in Lavrion Port

March 6, 2024

© TETYANA / Adobe Stock
© TETYANA / Adobe Stock

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)

Logistics News

Russian Attack Hits Port Infrastructure

Russian Attack Hits Port Infrastructure

Port Snared in US-China Dispute, says Panama President

Port Snared in US-China Dispute, says Panama President

US Naval Blockade Hammers Iran Oil Exports, Forces Floating Storage

US Naval Blockade Hammers Iran Oil Exports, Forces Floating Storage

BIMCO Adopts Time Charter Party to Target Emerging CO2 Trade

BIMCO Adopts Time Charter Party to Target Emerging CO2 Trade

Subscribe for Maritime Logistics Professional E‑News

Panama's president: US-China dispute has caught a port in Panama
US railroads Union Pacific and Norfolk Southern seek approval for $85 Billion Merger
UPS CEO: Drug delivery strategy is a good countermeasure to economic uncertainty