{"id":4145,"date":"2015-05-19T13:02:00","date_gmt":"2015-05-19T12:02:00","guid":{"rendered":"https:\/\/portstrategy.nfdtesting.uk\/coastlink\/2015\/05\/19\/ictsi-eyes-piraeus-stake\/"},"modified":"2026-08-27T15:37:53","modified_gmt":"2026-08-27T14:37:53","slug":"ictsi-eyes-piraeus-stake","status":"publish","type":"post","link":"https:\/\/www.portstrategy.com\/coastlink\/2015\/05\/19\/ictsi-eyes-piraeus-stake\/","title":{"rendered":"ICTSI eyes Piraeus stake"},"content":{"rendered":"<p>Early 2014 saw the Greek coalition government at the time invite investors to submit an expression of interest for the acquisition of a majority stake (67%) in the share capital of PPA. But, plans to privatise the port were put on hold <a href=\"http:\/\/www.portstrategy.com\/news101\/world\/europe\/greek-privatisation-put-on-hold \" target=\"_blank\">earlier this year<\/a> by the country\u2019s new left-wing government. <\/p>\n<p>It seems the cash-strapped country has had to push forward with the sale of such public assets to pay European creditors. <\/p>\n<p>Hans-Ole Madsen, senior vice president, ICTSI, confirmed to <i>Port Strategy<\/i>: \u201cIt is correct that ICTSI has qualified for the last stage of the Piraeus tender process.\u201d<\/p>\n<p>Chinese state-run shipping company COSCO, which already has a 35-year concession to expand the two main container terminals at Piraeus, and Dutch company AMP Terminals have also bid for the stake. <\/p>\n<p>Piraeus Port is one of the largest and busiest ports in Greece and in the Mediterranean Sea, handling containers, cargo and passengers.<\/p>\n<p>Philippines-based ICTSI operates a number of terminals around the world and continues to invest in opportunities including its latest venture in Congo and its expansion in Laguna.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>International Container Terminal Services Inc is one of four international companies that bid for the majority stake in Greece\u2019s Port of Piraeus.<\/p>\n","protected":false},"author":8,"featured_media":4146,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[13],"tags":[],"sponsor":[],"class_list":["post-4145","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-europe"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/posts\/4145","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/comments?post=4145"}],"version-history":[{"count":1,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/posts\/4145\/revisions"}],"predecessor-version":[{"id":4147,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/posts\/4145\/revisions\/4147"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/media\/4146"}],"wp:attachment":[{"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/media?parent=4145"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/categories?post=4145"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/tags?post=4145"},{"taxonomy":"sponsor","embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/sponsor?post=4145"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}