EuropePorts and Logistics

Crete’s top port set to be privatised

Greece’s ongoing privatisation of its top ports continues with a tender for the sale of a 67% stake in Crete’s Heraklion port launched this week.

Investors have until the end of July to submit expressions of interest in the busiest port in Crete.

Greece is also selling majority stakes in the ports of Alexandroupolis and Igoumenitsa in northern and western Greece.

Greece’s top two ports – Piraeus and Thessaloniki – were the first to be privatised, with Piraeus now controlled by China’s Cosco and Thessaloniki now run by Belterra Investments.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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