Greek government will sell ports

The Greek government is now prepared to privatize the Port of Piraeus, which has several times been mentioned in relation to a possible sale. This is evident from the plan to save the country's economy. Another port is also featured on the list.

Port of Thessaloniki, Greece. | Photo: Thanassis Stavrakis/AP/POLFOTO/arkiv

A sale of Greece's Port of Piraeus will help pull the country out its dire economic woes, according to the reform package presented by prime minister Alexis Tsipras to the country's creditors Thursday night, and which will be approved by the Greek Parliament today, Friday.

Another of Greece's biggest ports, in Thessaloniki, is also mentioned on the list. The possible sale of Piraeus has been discussed frequently for more than a year, with the Greek authorities in March last year announcing that Piraeus Port Authority, which operates the port, was looking to sell 67 percent of the shares.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

One alternative fuel may be particularly dangerous

In a new study – which Maersk, Shell, Euronav and MSC Ship Management, among others, are behind – the new alternative fuels are ranked based on how dangerous they are. The industry has to be careful with one of them, in particular.

Further reading

Related articles

Latest news

See all jobs