ECONOMY

IMU asks for fresh port privatizations

The International Maritime Union called for the further privatization of the country?s commercial ports so as to create improved conditions for development.

Privatization should come with the creation of a regulatory authority for ports though, said IMU president Nikos Arvanitis.

The reliability of the port of Piraeus has already increased in the last couple of years after Cosco?s Dock II entry, according to those who use the facility.