Hutchison wins OLTH port tender
Thessaloniki Port Authority, the operator of Greece’s second-largest port, named a joint venture of Hutchison Port Holdings, HPI Sarl and Alapis Holdings SA as the provisional winner of a tender to run container operations at the harbor. The Hutchison-led group outbid Cosco Pacific Ltd and a venture that included P&O of DP World Ltd, Hellenic Technodomiki’s Aktor unit and Piraeus Bank, the Thessaloniki-based company said in a bourse filing. The venture bid an estimated 3.51 billion euros ($5.5 billion) for the 30-year contract, according to the port operator. Last month, Cosco Pacific Ltd, Asia’s third-largest container terminal operator, was named the provisional winner of a tender to run the container operations at the port of Piraeus, Greece’s largest. Workers at both ports said yesterday they will continue protesting the government privatizations by refusing to work overtime until the end of
