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.

Thessaloniki Port Authority is announce investment plan in May 2018

Thessaloniki, Greece (Ports Europe) March 26, 2018 – The new management of Thessaloniki Port Authority S.A. (ThPA) is expected to announce investment...

Daewoo Mangalia Heavy Industry shipyard in Romania nationalised

Bucharest, Romania (Ports Europe) March 26, 2018 – Romania’s Economy Ministry has reached an agreement with Dutch group Damen to take control of the...

Transfer of the 67% of ThPA S.A.’s shares to South Europe Gateway Thessaloniki Limited completed

Athens, Greece (Ports Europe) March 23, 2018 – The transfer of the 67% of Thessaloniki Port Authority (ThPA) S.A.’s shares to the South Europe Gateway...

DP World interested in Bar port privatisation

Bar, Montenegro (Ports Europe) March 10, 2018 – Prime Minister  Duško Marković  has met with Sultan Ahmed bin Suleim, Chairman of the Managing...

Three investors prequalify for the next phase for the Marina of Chios, Greece

Piraeus, Greece (Ports Europe) March 10, 2018 – The Hellenic Republic Asset Development Fund (HRADF) Board of Directors has said that three investment...

Greece invites offers to operate marinas of Argostoli, Zakynthos & Itea

Piraeus, Greece (Ports Europe) March 7, 2018 – The Hellenic Republic Asset Development Fund (HDRAF/TAIPED) is inviting expressions of interest from...

Polzug Intermodal in Georgia taken over by HHLA

Poti, Georgia (Ports Europe) March 2, 2018 – Polzug Intermodal in Georgia has been taken over by Hamburger Hafen und Logistik AG (HHLA) and now operates...

Noatum acquires Turkish freightforwarder Komet

Valencia, Spain (Ports Europe) March 1, 2018 – Noatum Group, part of China’s COSCO Shipping Ports Limited and the main container terminal operator of the...

EBRD to loan €20 million to modernise privately-owned Bar port, Montenegro

Bar, Montenegro (Ports Europe) February 27, 2018 – The European Bank for Reconstruction and Development (EBRD) is to provide a €20 million ($24.64...

Ukraine government looks to offer Kherson port concession

Odessa, Ukraine (Ports Europe) February 26, 2018 – Ministry of Infrastructure of Ukraine has said that Kherson Commercial Sea Port is unprofitable. The...

Greece’s parliament approves €1.1 billion privatisation of Thessaloniki port

Thessaloniki, Greece (Ports Europe) February 23, 2018 – Greece’s parliament has approved the €1.1 billion ($1.35 billion) privatisation of...

Bunker supplier Aegean signs deal to buy Piraeus port-based H.E.C. Europe

Piraeus, Greece (Ports Europe) February 23, 2018 – Global bunker supplier Aegean Marine Petroleum Network Inc. has entered into an agreement to acquire...

Piraeus master plan gets 10-day extension for public deliberation

Piraeus, Greece (Ports Europe) February 22, 2018 – A master plan submitted last month by the Piraeus Port Authority S.A. (PPA) for the revamp of the...

Piraeus Port Authority claims alleged state interference

Piraeus, Greece (Ports Europe) February 22, 2018 – Cosco-controlled Piraeus Port Authority S.A. (PPA) in Greece has challenged the state-owned Public...

Marsa Maroc considers private sector involvement in Casablanca port

Casablanca, Morocco (Ports Europe) February 18, 2018 – Marsa Morocco, an operator of ports in Morocco, is looking to open Casablanca port to the private...

Fincantieri and Damen among companies interested in Uljanik shipyard in Croatia

Pula, Croatia (Ports Europe) February 15, 2018 – Trieste-based Fincantieri is one of four companies reported to be interested in investing in the Pula...

Turkish investors eye Palermo port’s cruise terminal project

Palermo, Italy (Ports Europe) February 7, 2018 – Turkey has expressed interest in the port of Palermo, in particular in the development of a cruise terminal...

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