Accusations of backroom deal in Greek port bid

APM Terminals calls Greek accusations of a Danish-Chinese backroom deal "an uncomfortable insinuation", amidst a bidding war over the privatization of the strategic Piraeus and Thessaloniki ports in the debt-ridden country, Danish business daily Børsen reports.

Photo: Thanassis Stavrakis/AP/POLFOTO/arkiv

Competition between Denmark's APM Terminals and Chinese company Cosco for the purchase of the Greek ports in Piraeus and Thessaloniki, set to be privatized, appears to have tapered off shortly before the parties must submit their final bids.

Danish business daily Børsen reported Wednesday that Athens fears a Danish-Chinese backroom deal in connection with the privatization of the ports to the tune of USD 365 million.

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

Maersk rejects shippers' complaint in USD 180m dispute

U Shippers has no case in a contractual dispute reported to the US Federal Maritime Commission, Maersk writes in a response to the FMC. Moreover, the case should not even be a matter for the commission, the company says.

Further reading

Related articles

Latest news

See all jobs