Greek port concessioning imminent

The Government of Greece belatedly kicked off the process for utilising 10 regional ports — including the ones Mr Xenofos talked about Photo: dimitrisvetsikas1969/Pixabay/CC0 Creative Commons The Government of Greece belatedly kicked off the process for utilising 10 regional ports — including the ones Mr Xenofos talked about Photo: dimitrisvetsikas1969/Pixabay/CC0 Creative Commons

The concession process for the Greek ports of Alexandroupoli, Kavala, Igoumentsa and Corfu could start before the end of the year, according to the chairman of the country's Hellenic Republic Asset Development Fund (TAIPED).

According to I Kathimerini, Mr Xenofos made the comment at an Enterprise Greece meeting with representatives of Russian banks and industries, adding that the concessioning of other regional ports may also begin by the end of 2018 or at the start of 2019, alongside the sale of 50.1% of Hellenic Petroleum shares.

The chairman’s comments came on the same day the Government of Greece belatedly kicked off the process for concessioning 10 regional ports — including the ones Mr Xenofos talked about.

A bill on the ratification of the concession contracts awarding control of ports to port authorities was put up for public consultation, with the bill containing a provision that state sell-off fund TAIPED will be allowed to sign contracts conceding specific port activities to third parties (which the Hellenic Parliament will later ratify).

It was claimed by market experts that the bill seemed overly bureaucratic, involving Greece’s merchant marine ministry in the concession process without making it clear whether it or TAIPED will have the upper hand if a disagreement arises.

Additionally, there is no provision concerning port employees once investors come in.

LATEST PRESS RELEASES

NEW CRANE ENTERS SERVICE AT WARRENPOINT PORT FOLLOWING £3 MILLION INVESTMENT

Warrenpoint Port has commissioned a new crane and has commenced the refurbishment of two other crane... Read more

Bigger share of modal split envisaged for inland shipping in the Baltic Sea Region

A vision for inland waterway transport (IWT) in the Baltic Sea Region as well as means to strengthen... Read more

QTerminals reaches new container and cargo handling milestones in record time

Over two million containers and five million tonnes of cargo handled Read more

Bendezu Port Equipment delivered two GOTTWALD HMK 6407 B from BELGIUM to SPAIN

Bendezu Port Equipment GmbH, an international trading company offering second-hand port equipment, h... Read more

ShibataFenderTeam is a member of PIANC Working Group “Guidelines for the Design of Fender Systems”

ShibataFenderTeam looks forward to the fruitful exchange with all WG members and trusts that the out... Read more

CIRCLE S.p.A.: continues its growth abroad with a new cooperation with Bulgarian Ports Infrastructure Company.

Circle S.p.A. (“Circle”), a Company leading its own Group specialized in process and management cons... Read more

View all