Hellas: Major Port Operators to bid for management of Piraeus and Thessaloniki ports

09 Jun 2014 8:40 AM | Anonymous

    Original news was published on 7 June,2014

A total of eight investment groups expressed interest in a tender to buy 67% of equity capital in Thessaloniki Port Organization, while Hellenic Republic Asset Development Fund said on Thursday, as Ana-Mpa reports today. The eight candidates are: APM Terminals, B.V.; Deutsche Invest Equity Partners, GmbH; DufercoParticipation Holding, SA; International Container Terminal Services, Inc; Mitsui & Co., Ltd.; P&O Steam Navigation Company (DP World); Russian Railways JSC-GEK TERNA S.A. and Yilport Holding,Inc. In an announcement, the Hellenic Republic Asset Development Fund (Taiped) said that its privatization advisors will evaluate all bids before submitting their recommendations to the board of Taiped for the candidates to be included in the next phase of the tender.

The Fund board also approved the five investment groups to be included in the second phase of a tender to sell a 67% equity capital in Piraeus Port Organization (OLP). These five investors are: APM Terminals, B.V.; COSCO (Hong Kong) Group Limited; International Container Terminal Services, Inc; Ports America Group Holdings and Utilico Emerging Markets Limited. These investors will have access to detailed data over the assets of the port and the terms of the tender procedure. The board meeting also approved the final plan of a concession contract for the exploitation of the first group of tourism harbors (Alimos, Poros, Hydra, New Epidavros), with the submission of biding bids expected in July 2014.