Port News & Information Mediterranean, Black & Caspian Seas

Mergers/Acquisition/Privatisation

Mergers/Acquisition/Privatisation describes the consolidation of companies or assets through various types of financial transactions, including mergers, acquisitions, state privatisation, consolidations, tender offers, purchase of assets, and management acquisitions. Also includes port privatisation and port concessions which include equity holdings.

Onorato Armatori’s subsidiary acquires 66% stake in Livorno port’s cruise terminal operator

Livorno, Italy (Ports Europe) May 3, 2019 – Italian company Livorno Terminals, majority-owned by Onorato Armatori, has signed an agreement to acquire a 66%...

Visit of the Executive Chairman of the TAIFA, Mr. Aris Xenofou in Volos

Volos, Greece (Ports Europe) April 23, 2019 – Aris Xenofos, Chairman of the Board of Directors of the Hellenic Republic Asset Development Fund...

Aktor Concessions declared preferred investor for Alimos marina

Piraeus, Greece (Ports Europe) April 17, 2019 – Aktor Concessions SA has been nominated as the preferred bidder for the contract to operate the marina of...

Puertos del Estado approves sale of Naval Gijón shipyards by Gijón port

Gijón, Spain (Ports Europe) April 11, 2019 – Gijón port authority’s board of directors has received the approval of the national ports agency Puertos...

Vopak to sell terminals in Algeciras, Amsterdam and Hamburg to First State Investments

Algeciras, Spain (Ports Europe) April 8, 2019 – Royal Vopak, a leading Dutch independent tank storage company, has announced an agreement on the sale of...

HRADF requests improved financial offers from the three eligible investors for the Alimos marina

PRESS RELEASE – HRADF requests improved financial offers from the three eligible investors for the Alimos marina – April 5, 2019 The Board of...

Italy’s Filt Cgil welcomes agreement on Gioia Tauro port

Gioia Tauro, Italy (Ports Europe) April 4, 2019 – Italian trade union Filt Cgil has welcomed the agreement reached between Contship Italia S.p.A. and...

Agreement reached between Contship Italia and TiL for the control of Medcenter Container Terminal S.p.A. in Gioia Tauro

Press Release – Agreement reached between Contship Italia and TiL for the control of Medcenter Container Terminal S.p.A. in Gioia Tauro – April 1,...

Bolloré in talks to sell subsidiary to Maritime Kuhn

Marseille, France (Ports Europe) March 29, 2019 – French group Bolloré started negotiations with local company Maritime Kuhn to sell the port activities of...

Marsa Maroc signs JV deal with Eurogate, Contship Italia

Tangier Med, Morocco (Ports Europe) March 26, 2019 – Marsa Maroc has signed a joint venture with Eurogate International GmbH and Contship Italia...

Luka Kotor signs concession agreement for Kotor port

Kotor, Montenegro (Ports Europe) March 26, 2019 – Montenegrin company Luka Kotor has signed a concession agreement to operate Kotor harbour for a period of...

Reggio Calabria entrepreneurs place bid to acquire stake in Gioia Tauro’s MCT

Gioia Tauro, Italy (Ports Europe) March 18, 2019 – A group of entrepreneurs from Reggio Calabria presented a formal offer to buy shares of Medcenter...

Marsa Maroc agrees to sell MINTT to Eurogate, Contship Italia

Tangier, Morocco (Ports Europe) March 18, 2019 – Marsa Maroc has signed an agreement with Eurogate International GmbH and Contship Italia S.p.A to acquire an...

Contship in talks to sell 50% in Gioia Tauro port’s container terminal operator

Press Release – Contship Italia S.p.A. has entered into negotiations for sale of MCT – March 15, 2019 Contship Italia S.p.A. has entered into...

Italy suspends process for termination of Contship’s Gioia Tauro port concession

Gioia Tauro, Italy (Ports Europe) March 14, 2019 – Italy’s Ministry of Infrastructure & Transport (MIT) has received a list of commitments by Gioia...

Navis acquires Miami-based Octopi

Helsinki, Finland (Ports Europe) March 11, 2019 – Navis, a part of Cargotec Corporation, and the provider of operational technologies and services for...

P&O Ports bid for Novi Sad port privatisation is not valid

Novi Sad, Serbia (Ports Europe) March 6, 2019 – The bid placed by P&O Ports in a tender for the privatisation of Luka Novi Sad, the operator of Novi...

P&O Ports places sole bid in Luka Novi Sad privatisation tender

Novi Sad, Serbia (Ports Europe) March 5, 2019 – P&O Port Dubai has pleced the sole bid in a tender for the privatisation of inland port Luka Novi...

Kotug, Boskalis to sell towage business to Spain’s Boluda

Barcelona, Spain (Ports Europe) March 4, 2019 – Dutch companies Kotug International and Royal Boskalis Westminster NV have announced the signing of a letter...

Alexandroupolis port seeks new law to promote concession-based future

Alexandroupolis, Greece (Ports Europe) February 26, 2019 – The President of the Port Authority of Alexandroupolis, Christos Doukas, together with the...

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