Cosco complains over changes to OLP concession agreement
Chinese shipping company Cosco has complained that the concession agreement for the Piraeus Port Authority which was debated at the Trade Committee in Parliament is different to the one initially agreed upon.
In its letter to the Committee and the state privatization fund TAIPED, Cosco expressed its “unpleasant surprise” over the changes included in the bill, such as the ‘profound attempt’ of the Shipping Ministry to fully substitute OLPs’s management and essentially cancel the concession agreement provisions.
Asked to comment on the development in Parliament, the Minister of Shipping Theodoros Dritsas admitted that there were changes to the agreement, but argued that ‘improvements’ in line with the agreement will be introduced.
You may be interested
Confrontation between Dendias & Cavusoglu at the press conferencemakis - Apr 15, 2021
Diplomatic etiquette was cast aside in an astonishing joint press conference between Greek Foreign minister Nios Dendias and his Turkish…
Russia suspends flights to TurkeyPanos - Apr 15, 2021
Russia will restrict flights to and from Turkey from April 15 to June 1 due to a rise in COVID-19…
EU member-states agree to issue Covid-19 travel certificatePanos - Apr 15, 2021
European Union countries today formally agreed to issue Covid travel certificates as a step towards reopening tourism this summer with…