Greek Ports to Be Privatized

The tenders on privatisation Greece's two main ports will have been completed by July of the current year, PortWorld reports.

It is said that the tenders are for management contracts for two of the three container facilities at Piraeus and for the entire container terminal in Thessaloniki.

According to Merchant Marine Minister George Voulgarakis, “the investor will take over in 2009”.

As Reuters reports, COSCO, Maersk, DP World, HPH and PSA International Pte.Ltd are among the bidders.

It should be pointed out that the privatisation drive has been met with fierce objection from port workers and strikes.

Source: Seanews