Greek Cruise Operators Fret Over Strikes Sparked by Port Sale

By Lefteris Karagiannopoulos   ATHENS, June 7 (Reuters) - Greek cruise ship operators are worried of a lasting impact on the sector from an ongoing strike by port workers protesting against the sale of the country's biggest port Piraeus to Chinese shipping giant COSCO. Greece in April agreed the sale of a 67 percent stake in Piraeus Port to COSCO for 368.5 million … [Read more...]

Greece Seals Sale of Piraeus Port to China COSCO

By Angeliki Koutantou ATHENS, April 8 (Reuters) - Greece sealed the sale of Piraeus Port Authority to China COSCO Shipping Corporation on Friday, while striking dockworkers protested against what will be the country's second major privatisation since late last year. The sale of Greece's biggest port had been halted by the leftist government of Alexis Tsipras when it won … [Read more...]

Greece Asks COSCO to Improve Bid for Piraeus Port

By Angeliki Koutantou ATHENS, Jan 18 (Reuters) - Greece will evaluate on Wednesday an improved bid that China's Cosco is due to submit for a majority stake in Piraeus Port, a senior official at the privatisation agency (HRADF) said on Monday. Cosco was the sole bidder for a 67 percent stake Piraeus Port Authority (OLP), the manager of the country's biggest port which is a … [Read more...]

China COSCO Emerges as Sole Bidder in Piraeus Port Sale

ATHENS, Jan 12 (Reuters) - Greece only received a bid from China's Cosco Group for a majority stake in Piraeus Port Authority, the operator of the country's biggest port, the privatisation agency said on Tuesday. The leftist government of Alexis Tsipras halted the port privatisation after winning elections in January last year but resumed the process under the 86 … [Read more...]

Greece Receives Final Bids in Piraeus Port Sell-Off

By Angeliki Koutantou ATHENS, Dec 21 (Reuters) - Greece said that final bids for a majority stake in Piraeus Port Authority, operator of its biggest port, were submitted on Monday but the prospective buyers will not be made public until early next month. Alexis Tsipras's government had halted the sale after winning elections in January but resumed the process under the 86 … [Read more...]