Thessaloniki attracts four international suitors
2017-03-22 08:26

Thessaloniki attracts four international suitors

by Patrick Fach-Pedersen
Thessaloniki attracts four international suitors

The deadline for bids for the 67% stake in Thessaloniki Port Authority is up this week and apparently there are four international offers on the table.

Kathimerini.com said that the offers will come from the consortium comprising Deutsche Invest Equity Partners, Terminal Link (a subsidiary of CMA CGM) and Russian-Greek investor Ivan Savvidis’s group, DP World, Japan’s Mitsui & Co, and International Container Terminal Services (ICTSI).

Port Strategy has approached the operators for comment.

Apparently, the preferred bidder will have to implement investments of at least 180 million euros within seven years.

The tender for the strike was launched back in the summer of 2014.

The Port of Thessaloniki is one of the largest Greek seaports and one of the largest ports in the Aegean Sea basin, with a total annual traffic capacity of 16 million tonnes.

As a free port, it’s of strategic interest to operators because it serves as a major gateway for the Balkan hinterland and southeastern Europe.

Thessaloniki is the second largest container port in Greece, after the Port of Piraeus.


Source: Port Strategy (LF)

Source: Port Strategy