Ro-Ro ECO MALTA heralds a new era for the port of Igoumenitsa

By | 2023 Newsletter week 38 | No Comments

With the arrival of the first Ro-Ro vessel in the operating years of the Port of Igoumenitsa, a new era begins for the unaccompanied cargo services as well as the reinforcement of the Port’s server project with its inclusion in the Patras – Igoumenitsa – Bari – Venice route.

The 7,800 lane metre ECO MALTA is owned by the Grimaldi Group and according to the Italian classification society RINA, this series of ships is seven times more efficient than the existing ships.

The port of Igoumenitsa becomes a pioneer in the “green” transition

By | 2022 Newsletter week 46 | No Comments

The port of Igoumenitsa is the first port in Greece to initiate its transformation into a zero-emission “green” port after completing the holistic energy upgrade program ALFION (Alternative Fuel Implementation in Igoumenitsa Port).

The project concerns the mapping of the existing situation and the preparation of a series of studies to minimize the environmental footprint of the port and the ships served by it, the use of innovative environmentally friendly technologies, the increase of the port’s energy efficiency as well as the use of renewable sources for the supply of energy to port activities with the ultimate goal of transforming the port into an energy hub.

The results of that project were presented at the Final Project Results Conference, which took place in Igoumenitsa, in mid-October. The Igoumenitsa Port Authority implemented the ALFION project (EUR 1,080,000.00) in collaboration with DEDDIE, the Maritime Transport Laboratory of the National Technical University of Athens and the companies PROTASIS and HYDRUS, with the technical support of the GATES company.

It was financed by the CEF Fund (50%) (Connecting Europe Facility) and the Igoumenitsa Port Authority (50%).

The Grimaldi Group acquires a controlling stake in the Port of Igoumenitsa

By | 2022 Newsletter week 41 | No Comments

The consortium made up of Grimaldi Euromed, Minoan Lines Shipping and Investment Construction Commercial & Industrial is the preferred bidder in the tender for the majority Port of Igoumenitsa share acquisition (67%).

The decision was made public by the Hellenic Republic Asset Development Fund – the fund in charge of managing the privatisation programme of ports and other public assets in Greece.

The financial offer amounts to € 84.17 million.

The concession relating to the Port of Igoumenitsa (owned by the Igoumenitsa Port Authority) includes the right to exclusively use and manage the assets of the port area of ​​Igoumenitsa, the fishing shelters of Sagiada and Plataria and the yacht shelter of Syvota. Igoumenitsa is the main port of Epirus and one of the largest commercial ports in Greece, strategic for connections between mainland Greece and the rest of Europe.

Progress on the Privatization Process of the ports of Igoumenitsa and Heraklion

By | 2022 Newsletter week 39 | No Comments

Grimaldi Group and the Port Authority of Thessaloniki will finally compete for the Port of Igoumenitsa. According to the Hellenic Republic Asset Development Fund the offers submitted by the above two candidates have been eventually selected in the context of the tender for the concession of 67% of the Igoumenitsa Port Authority.

The two interested parties will be invited to submit new improvement offers at the beginning of October.

According to the same information, the Grimaldi Group and the Port Authority of Thessaloniki will compete – along with other “candidates” – for the port of Heraklion as well. The process will start at the beginning of the year and bids are expected to be submitted on January 18, 2023.

Photo: Port of Igoumenitsa, Spyridon Roussos

Intense Competition for the Privatisation of Three Greek Regional Ports

By | 2021 Newsletter week 34 | No Comments

Three ferry operators —Attica Group, ANEK and Grimaldi­— are expected to compete for the privatisation of the three ports: Igoumenitsa, Patras and Heraklion.

In brief:

  • Grimaldi Group controls Minoan Lines and seek to acquire a port in order to form a bridge between the Adriatic Sea services and Crete.
  • The Port Authority of Thessaloniki (PAT/Ivan Savvidis’ Group) is strongly interested in the port of Igoumenitsa, as it considers it of great importance for its strategic expansion and development.
  • Greek Ferry Operators seek to control either the port of Igoumenitsa or Patras in order to exert pressure on Grimaldi in Heraklion.
  • Grimaldi is interested in both ports (Heraklion, Igoumenitsa) and possibly will be interested in Patras as well. However, there will be a competition issue if they eventually control the port of Igoumenitsa.

Regarding the investors’ participating in the privatisation process for the three ports:

  • For the 67% of the Igoumenitsa Port Authority qualified Attica Group, Portek International, Quintana, Aegean Oil, Archirodon joint venture with ANEK and Trident Hellas, Grimaldi Euromed consortium with Minoan Lines and the Port Authority of Thessaloniki.
  • For the 67% of the Port of Heraklion, the deadline for the investors’ interest expires on September 17, 2021. Active interest has already expressed by Greek cruise companies, the Greek Group AVIAREPS (G. Grylos), Grimaldi Group, Attica Group, GEK TERNA and the Port Authority of Thessaloniki.
  • The tender process for the port of Patras has not started yet.

Source: Spyros Roussos and Kathimerini newspaper 25 August 2021

RoRo Terminal at Stockholm’s Norvik Port Opens this Autumn.

By | 2020 Newsletter week 45 | No Comments

The RoRo terminal at Stockholm Norvik Port has two new berths for the largest ferries and roro ships.

One of the quay-berths has a length of 280 metres and a depth of 10.5 metres. The other quay-berth has a length of 230 metres and a depth of 10 metres.

These are the final two of a total of nine ramps that have been delivered to Ports of Stockholm in recent years.

Stena Line will start to operate from Norvik as from 9 November. (route Nynashamn – Ventspils)

Nine Candidates for the Port of Igoumenitsa

By | 2020 Newsletter week 45 | No Comments

Eventually, nine investors have expressed interest for the acquisition of the 67% of the Igoumenitsa Port Authority (OLIG). The specific port has high profitability and respectable infrastructure and the future candidate will also take over pitches, buildings and facilities that are within the port zone and managed by OLIG as well as the fishing shelters of Sagiada and Plataria, and the yacht marina at Sivota. The 9 candidates that expressed interest in the port of Igoumenitsa are the following:

  • Port Authority of Thessaloniki
  • Quintana Infrastructure & Development
  • Attica Holdings
  • Danthia Shipping Company Limited: a private shipping company based in Cyprus
  • Marg Limited: Infrastructure Company in India listed on the Mumbai Stock Exchange
  • Portek International Private Limited: subsidiary of Japanese Mitsui & Co. Ltd., based in Singapore, manages 7 medium-sized ports
  • Aegean OIL SA: part of the Aegean group (belongs to the Melissanidis family) with activities in the Greek oil and shipping market, trade in energy products, etc.
  • ARCHI-RODON GROUP NV- ANEK consortium and TRIDENT HELLAS GROUP: a Greek construction company, ANEK Lines and a part of the American group Trident that provides security solutions and consulting services
  • Grimaldi Euromed-Minoan Lines consortium: belong to the Italian group Grimaldi, a multinational supply chain group specializing in the operation of roll-on / roll-off ships, car and ship transport.

Attica Group Interested in the Port of Igoumenitsa

By | 2020 Newsletter week 41 | No Comments

Attica Group expressed serious interest in the port of Igoumenitsa, in the context of the forthcoming tender for the sale of 67% of the Igoumenitsa Port Authority S.A.

It is pointed out that Attica Group has a long-standing presence on the Adriatic Sea, especially in the Patras – Igoumenitsa – Bari and Ancona lines.

According to the information, Attica Group will declare itself “present” in the forthcoming tender, making its first step to expand the group’s activities in new business fields, such as logistics and tourism.

It is pointed out that the Italian group Grimaldi, Attica’s major rival in the Adriatic services, has also shown similar interest in the port of Igoumenitsa.


By | 2020 Newsletter week 31 | No Comments

Grimaldi Group Interested in the Privatization of the Port of Igoumenitsa

Grimaldi Group revealed to Ferry Shipping News its interest to take over the Greek port of Igoumenitsa.

As of today, Grimaldi Lines and also Minoan Lines offer maritime links between this port and the Italian ports of Brindisi, Ancona and Venice.

The interest of the Italian group Grimaldi for the Port of Igoumenitsa was officially confirmed by the head of the group, Mr. Emanuele Grimaldi, during his recent visit in Athens, on the occasion of the introduction of KYDON PALACE on the Piraeus-Chania line.

Mr. Grimaldi had the opportunity to meet in person with the Minister of Shipping and Island Policy Mr. Giannis Plakiotakis, in whom he expressed his interest to participate in the international tender that will be announced soon by the Hellenic Republic Asset Development Fund (HRADF), since among the activities of the Italian group is also the port facility management.

The HRADF is expected to announce the tenders for the ports of Alexandroupolis, Kavala (Philip II pier) and Igoumenitsa in the near future. For the first two ports there has been a strong American interest, while for the port of Igoumenitsa there is a clear interest from the Grimaldi group as it connects Greece with Italy.

In a short-term period also the HRADF is expected to announce tender for the port of Heraklion, which is also the headquarters of Minoan Lines, a subsidiary of the Italian group.