Greece extends deadlines for regional ports privatisation

Alexandroupolis, Greece (PortSEurope) October 1, 2020 - The Hellenic Republic Asset Development Fund (HRADF), responsible for privatising Greek state-owned assets, has extended by few weeks the deadline for submission of initial interest for the privatisation of the ports of Igoumenitsa, Alexandroupolis and Kavala. The new deadlines for submissions of interest are: Igoumenitsa (October 30, 2020), Kavala (October 23, 2020) and Alexandroupolis (not available) Background Information Igoumenitsa The company under the corporate name Igoumenitsa Port Authority S.A. (OLIG S.A.) has the right to exclusively use and operate the buildings, land and facilities of four (4) ports, namely, the port of Igoumenitsa, the fishing shelter of Sagiada, the fishing shelter of Plataria and the pleasure boat shelter of Sivota, which are located in northwestern Greece, in the administrative region of Epirus, by virtue of a Concession Agreement with the Hellenic Republic. Kavala Kavala Port Authority (OLK SA) is situated in northeastern Greece (East Macedonia region) and is responsible for the management of four ports, the Passenger/Central Port of Kavala “Apostolos Pavlos”, the Commercial Port of Kavala Philippos B, Port of Keramoti and Port/shelter of Eleftheres. HRADF has decided the exploitation via sub-concession of the right to use, maintain, operate and exploit a multi-purpose terminal within a part of Philippos B port, currently managed by OLK SA. OLK SA has the right to use and operate the buildings, land and facilities of the port land-side zone of Kavala Philippos B port on the basis of a concession agreement (dated 15 January 2003, amended in 2019) with the Hellenic Republic. The Concession Agreement and its appendices were ratified by law 4597/2019, which provides that the duration of the Master Concession Agreement will be of sixty (60) years, expiring on January 15, 2063. The main port activities of the commercial port of Kavala, Philippos II include multipurpose cargo handling. Container vessels may also be potentially served at the port facilities. The port offers ready-for-use port infrastructure and areas for cargo handling and storage. It also presents expansion possibilities, offered by a recently completed port extension (quay walls and terminal area). Alexandroupolis The company under the corporate name Alexandroupolis Port Authority S.A. (OLA S.A.) has the right to exclusively use and operate the land, buildings and infrastructure of the port of Alexandroupolis and of the smaller port of Makri, located in northeastern Greece, in the administrative region of Eastern Macedonia and Thrace, by virtue of a Concession Agreement with the Hellenic Republic, while having administrative jurisdiction over the port of Kamariotissa and the Therma fishing shelter in the island of Samothrace. The Concession Agreement has a duration of 60 years from its signing thus expiring on March 21st, 2063. The main activities of OLA S.A. comprise the provision of berthing to ships, dry bulk and conventional general cargo stevedoring services and storage, as well as coastal ferry operations and passengers’ services. Furthermore, the port of Alexandroupolis has extensive infrastructure that can support additional container, bulk cargo and passenger transportation activities. The port of Kamariotissa primarily connects the island of Samothrace with mainland Greece, while the other two ports service local needs. Source: The Hellenic Republic Asset Development Fund (HRADF)

Greece extends deadlines for regional ports privatisation

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Greece extends deadlines for regional ports privatisation

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