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Hutchison Consortium Withdrew Interest for Thessaloniki Port

Hutchsison Port Investemnts Sarl - Alapis SA -Lyd SA Consortium withdrew its interest for Thessaloniki Port, as announced by the ports authority.

The consortium had been appointed provisional concessionaire in the tender for the container terminal of Thessaloniki port, after offering 419.5 million euro. It is noted that the consortium had also pledged to make large-scale investements in the port, reaching another 490 million euro.

After the international public tender, Hutchison consortium was proclaimed highest bidder, while Dubai Ports and Cosco Pacific had also submitted their offers.

May we add that the contract for the concession of Thessalonikis port container terminal was being drafted by the two sides. 

According to Marfin Analysis, the consession procedure shall probably be cancelled.

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