Hutchison loses interest in Greek deal
25-12-2008
Global transport operator, Hutchison Whampoa, has scuppered talks on the concession for container facilities at Greece's main northern port of Thessaloniki. The port authority chairman, Lazaros Kanavouras, said a consortium, headed by the Hong Kong-based operator, had withdrawn its interest in the deal. He attributed the decision to the global financial crisis. Hutchison, which had outclassed rival operators Cosco and Dubai World Port with a 586-million US dollar bid, has not commented.
