The Greek government has invited three companies to submit binding bids by September for a 51% stake of the country’s largest port Piraeus, according to Chinese media on 15 May.

The three potential buyers that are interested in buying the Piraeus port majority stake are COSCO in China, Denmark’s APM Terminals, and International Container Terminal Services (ICTSI) based in Philippines respectively.

COSCO and four other groups tried to bid for a 67% stake in Piraeus Port in 2014 but the sale was suspended after Alexis Tsipras’s took office in 2015.

More at IHS Maritime 360