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.

Limassol port introduces restricted operational hours

Limassol, Cyprus (Ports Europe) January 25, 2017 – Despite expectations that under its new owners Limassol port would operate on a 24-hour basis, port...

Grimaldi interested in Mediterranean acquisitions

Naples, Italy (Ports Europe) January 24, 2017 – Speaking during the 3rd Naftemporiki shipping conference in Athens, Grimaldi managing director President...

Kartesia takes control of Castellon port solid bulk cargo terminal operator

Castellon, Spain (Ports Europe) January 23, 2017 – Luxembourg-based investment fund Kartesia and Spain’s Gimeno Group have taken control of a...

Greek shipping ministry announces plan for regional ports

Thessaloniki, Greece (Ports Europe) January 17, 2017 – The Greek Minister of Shipping & Island Policy has announced privatisation plans for the ports...

Russian government to examine Greek port, railway projects cooperation proposals

Thessaloniki, Greece (Ports Europe) January 20, 2017 – Russia is ready to promptly examine the Greek proposal for port and rail projects, the Ministry of...

Greece publishes timetable to privatise Pylos marina

Piraeus, Greece (Ports Europe) January 17, 2017 – Pursuant to Paragraph 6 of the Request for Proposal for the concession of the right to use, operate,...

GPH acquires controlling stake in Cagliari Cruise Terminal

Cagliari, Italy (Ports Europe) January 18, 2017 – Global Ports Holding (GPH), a world leader in the cruise sector, has acquired a controlling stake in...

Ukraine starts maritime reform

Odessa, Ukraine (Ports Europe) January 11, 2017 – The Ministry of Infrastructure of Ukraine has initiated maritime industry reform announced Volodymyr...

Limassol port pilots start strike action

Limassol, Cyprus (Ports Europe) January 12, 2017 – Port pilots at the Cypriot port of Limassol went on strike yesterday following a request to train...

Cyprus government plans Larnaca marina

Larnaca, Cyprus (Ports Europe) January 9, 2017 – The Cypriot Transport Ministry has announced a new plan to attract a strategic investor for the development...

Montenegro start talks on privatisation of Luka Bar after Jan 23

Bar, Montenegro (Ports Europe) January 11, 2017 – Montenegrin government expects to start the talks with Polish company OT Logistics S.A. for the...

China’s CCCC shows interest in dredging, port facilities in Ukraine

Mykolaiv, Ukraine (Ports Europe) January 9, 2017 – In December 2016, representatives of Ukrainian dredging company “Tehmorgidrostroy Nikolaev”...

Spanish government not to open Puertos del Estado to private capital

Barcelona, Spain (Ports Europe) January 9, 2017 – Spanish Ministry of Public Works does not contemplate opening the capital of Spanish national ports agency...

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