
Maersk's port company APM Terminals has lost its patience with the Greek authorities in the long process of privatizing the country's major port in Piraeus, and has stepped down as a potential buyer, writes news media Seatrade Maritime.
Chinese Cosco Pacific is presumably the only company left which is still interested in acquiring 67 percent of the state-owned port, which is the largest in Greece. Cosco Pacific, which is listed in Hong Kong, was the only company to turn in a binding offer, according to Seatrade, just four hours before the deadline expired on the 21st of December.
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