Marine Link
Wednesday, August 15, 2018

Greece Delays Piraeus Port Sale

Maritime Activity Reports, Inc.

November 19, 2015

Greece has pushed back the date for the submission of binding bids for the sale of its biggest port Piraeus (OLP) by two weeks to Dec. 15 upon investor request, the head of its privatization agency said on Thursday.
 
China's Cosco Group, Danish container terminal operator APM Terminals and Philippines-based International Container Terminal Services were to submit bids on Dec. 3 for a 51 percent stake in OLP.
 
"Investors have asked for a two-week extension... to have enough time to check (the company's) financial data", the head the privatization agency, Stergios Pitsiorlas, told Reuters.

(Reporting by Angeliki Koutantou)
 
 
Maritime Reporter Magazine Cover Aug 2018 - The Shipyard Edition

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News