At Least Two Investors to Submit Binding Bids for Alexandroupolis Port

September 22, 2022

© giannis / Adobe Stock
© giannis / Adobe Stock

At least two investors are expected to submit binding bids on Thursday for a majority stake in Greece's northern port of Alexandroupolis, sources close to the process told Reuters.

Near the borders with Bulgaria and Turkey, and with rail links and a floating gas regasification unit in the pipeline, Alexandroupolis has potential as a transport and energy hub for central Europe.

Four investors were shortlisted last year for a 67% stake in the port: Quintana Infrastructure and Development; a Cameron S.A-Goldair Cargo and Bollore Africa Logistics consortium; the port of Thessaloniki; and the International Port Investments Alexandroupolis joint venture comprising Black Summit Financial Group, Euroports, EFA Group and GEK Terna.

One source told Reuters that at least two investors were expected to submit bids before the deadline expires on Thursday.

International Port Investments Alexandroupolis still has a strong interest in the port, a source from the joint venture told Reuters on Thursday. Quintana will submit a binding bid on Thursday, a third source with knowledge of the matter said.


(Reuters - Reporting by Angeliki Koutantou, Karolina TagarisEditing by Mark Potter)

Logistics News

CMA CGM to Form Port JV with Stonepeak

CMA CGM to Form Port JV with Stonepeak

Storms Disrupt European Container Cargo

Storms Disrupt European Container Cargo

CSP Iberian Valencia Terminal Invests in Six More Konecranes Hybrid RTGs

CSP Iberian Valencia Terminal Invests in Six More Konecranes Hybrid RTGs

AD Ports Group, BigBear.ai to Develop AI Powered Digital Trade, Customs and Logistics Solutions

AD Ports Group, BigBear.ai to Develop AI Powered Digital Trade, Customs and Logistics Solutions

Subscribe for Maritime Logistics Professional E‑News

Boeing and Israel's Technion will develop sustainable aviation fuel as the sector struggles with its 2050 goal
Japan-born pandas Xiao Xiao, and Lei Lei have arrived in China amid a freeze of bilateral relations
Boeing makes a quarterly profit despite unit losses