The Hellenic Republic Asset Development Fund (HRADF) has announced that eight Interested Parties have submitted an Expression of Interest (EOI) for the acquisition of a majority stake of at least 50% plus one share of the Lavrion Port Authority (LPA S.A.).

EOI was submitted by the following investment schemes:

• Consortium GPH CRUISE PORT FINANCE LTD – PROMARINE S.A.
• Consortium JET PLAN SHIPPING Co LTD – AKTOR CONCESSIONS S.A.
• Consortium OLYMPIC MARINE S.A. – MSC CRUISES S.A.
• GEK TERNA S.A.
• GULFTAINER COMPANY LTD
• INTERKAT S.A.
• IOTC INVESTMENTS S.C.S.
• ISRAEL SHIPYARDS INDUSTRIES LTD

Candidates meeting the pre-qualification criteria will be invited to join Phase B of the tender process. "Lavrio Port Authority S.A." (LPA S.A.) holds the exclusive rights to use and develop the land, buildings, and facilities of the Port of Lavrio under a Concession Agreement with the Greek State, which spans 60 years from 2002 to 2062.