Port of Thessaloniki

Thessaloniki Port Authority SA (ThPA) has announced performance growth based on the financial results for the fiscal year 2023.

Following the approval of the Annual Financial Report from the Board of Directors on Wednesday, it announced that consolidated revenue for 2023 was increased to 85.9 million euros, from €85.3 million for 2022.

As of Monday this week, Thessaloniki Port Authority (ThPA) and Motodynamics form part of the Athens Stock Exchange ESG index.

The inauguration of the new Cruise Terminal of ThPA S.A. named "Alexander the Great" took place on Thursday at the Port of Thessaloniki by the Maritime Affairs and Insular Policy Minister Christos Stylianides, and the Executive Chairman of the BoD of ThPA S.A. Thanos Liagkos.

The administration of East Port Said, at the northern entrance of the Suez Canal, appears to "view" the port of Thessaloniki as a potential gateway to the Balkans and Europe for perishable Egyptian goods but also for Egyptian green hydrogen in the future, according to an Athens-Macedonian News Agency interview with East Port Said General Manager Aly Assem Ibrahim on Friday.

The management of the recently privatized Thessaloniki Port Authority (OLTH) is expecting a significant improvement in the financial and commercial performance of Greece's second-biggest port this year, through the attraction of container ships from major international shipping companies and the increase of conventional cargo traffic.

Owners of the newly-privatized port of Thessaloniki, in Greece's second-largest city, say they will need to spend an additional 27 million euros ($33.4 million) on unforeseen equipment repairs and upgrades, arguing that facilities were in far worse condition than described by the previous, state-appointed management.

Lawmakers have approved the sale of a 67 percent stake of the Thessaloniki Port Authority in Greece's second largest city, in a deal worth 232 million euros ($285 million).

Parliament ratified the concession agreement through 2051 which was signed in December with the consortium South Europe Gateway Thessaloniki.

An agreement for the sale of 67 pct of the Thessaloniki port to South Europe Gateway Thessaloniki (SEGT) Limited, was signed at the offices of the Hellenic Republic Asset Development Fund (HRADF) on Thursday, following the approval of the Greek Court of Audit./greece.greekreporter.com

The sale of a 67 percent stake in Thessaloniki Port Authority (OLTH) is expected to be signed on December 15, the representative and coordinator of the consortium that was granted the tender, Sotiris Theofanis, said on Friday.

Two groups have expressed an interest in the first stage of the tender by Gaiaose for the utilization of the 670,000-square meter plot the railway property company controls at the old Gonou military camp in western Thessaloniki.