ECONOMY

Maersk ready to buy Greek ports

maersk-ready-to-buy-greek-ports

A.P. Moeller-Maersk A/S wants to buy Greece’s two biggest ports after Prime Minister Alexis Tsipras put them up for sale in his proposal of budget-enhancing measures submitted to creditors.

“We’re interested in the Greek ports of Piraeus and Thessaloniki and are pursuing them as part of our growth plans,” Francois-Xavier Delenclos, a vice president at Maersk’s Hague-based APM Terminals unit, said on Friday in an e-mailed reply to questions.

Tsipras’s government had earlier this year put a sale of the ports on standby.

In Thursday’s proposal, the government said it will “announce binding bid dates for Piraeus and Thessaloniki ports of no later than end-October 2015.”

APM Terminals, which operates in 58 countries, though not in Greece, has previously expressed interest in buying both.

“We remain interested in showing Greek leaders our expertise in the investment, planning, building, modernizing and operating of ports,” Delenclos said.

“We have a lot of experience in all markets and believe a competitive port system is integral to Greece’s future success.”

[Bloomberg]