Coscos Piraeus bid defies market realities
It is no surprise to Port Strategy that there was only one bidder for the Port of Piraeus concession and that in the end, after a request to up its bid, the sole bidder, COSCO, was awarded the whole port concession. However, the price that COSCO was prepared to pay for it is a surprise to PS.
It is no surprise to Port Strategy that there was only one bidder for the Port of Piraeus concession and that in the end, after a request to up its bid, the sole bidder, COSCO, was awarded the whole port concession. However, the price that COSCO was prepared to pay for it is a surprise to PS.