In the second delay in less than a month, the government of Greece has again extended the bidding process for the sale of the country’s largest port in Piraeus.
Greece’s privatisation agency has pushed the deadline back by two weeks to December 15 - this time so the potential purchasers “have enough time to check (the port’s) financial data”, it said.
The bidders for a 51% stake in the port are China’s Cosco Pacific (which already operates two of Piraeus’s three container terminals); APM Terminals; the Maersk Group’s port arm; and Philippines-based International Container Terminal Services Incorporated.
