The Hellenic Republic Asset Development Fund (HRADF), has announced the launch of an international tender process to develop cruise activity with a concession agreement in the ports of Katakolon, Patras (old port) and Kavala (central port “Apostolos Pavlos”).

The tender for the development of cruise activities consists of 2 Lots:

• Lot 1: concession of the right to use, maintain, operate and exploit the Port of Katakolon, & sub-concession of the right to use, maintain, operate and exploit a section of the old port of Patras (managed by the Port Authority of Patras S.A.), with a minimum duration of 30 years.
• Lot 2: sub-concession of the right to use, maintain, operate and exploit a section of the central port of Kavala “Apostolos Pavlos” (managed by the Kavala Port Authority S.A.), with a minimum duration of 30 years.

Interested Parties may submit an Expression of Interest (EOI) for one or both lots of the tender. The tender will be conducted in two phases (Phase A – prequalification & Phase B – submission of Binding Offers). The Fund reserves the right in Phase B of the tender to split the subject matter of Lot 1 and to award to different Preferred Investors the Port of Katakolon Concession Agreement and the Port of Patras Cruise Sub-concession Agreement. Interested Parties should submit their EOI by February 28th, 2025.